EUROPE SMART COATINGS MARKET 2021-2028
MARKET OUTLOOK
Europe’s smart coatings market is anticipated to exhibit growth with a CAGR of 23.58% during the projected years between 2021 and 2028. The United Kingdom, Russia, Spain, France, Germany, Italy, and Rest of Europe together form the market in this region.
The UK is largely focusing on infrastructure development. The construction industry is among the major industries here, and contributes nearly 6% to the national GDP. The rising commercial and residential infrastructural activities in the nation are driving its construction market. The rapid rate of urbanization, rise in population, and increased tourism are expected to drive the growth of the building sector, particularly in the residential and leisure markets.
The government is boosting its investments in transport infrastructure by fast-tracking key projects. This is creating new opportunities for the country’s service sector. The growth of the construction sector is expected to fuel the demand for smart coatings in the United Kingdom. This is expected to foster the development of the studied market in the years to come.
Construction is one of the most prominent industries in the Netherlands, and is growing at a moderately high pace. The non-residential construction sector, particularly, has gained pace since 2016. Some major projects that have started or are about to begin include Coolsingel Redesign, Zalmhaven Toren, Nieuw Kijkduin, and Dutch Windwheel. The development of the construction sector is significantly boosting the demand for smart coatings here. Further, Belgium and Poland are witnessing a shift towards flexible and low-cost packaging, with several manufacturers producing such packaging. This is likely to enhance the demand for smart coatings. The growing demand is aiding the growth of the market in Rest of Europe.
COMPETITIVE OUTLOOK
The leading competitors in the smart coatings market include PPG Industries Inc, Axalta Coating System, BASF SE, Royal DSM NV, Jotun AS, Eastman Chemical Company, Hempel AS, and AkzoNobel NV.
- 1. EUROPE SMART COATINGS MARKET – SUMMARY
- 2. INDUSTRY OUTLOOK
- 2.1. IMPACT OF COVID-19 ON THE SMART COATINGS INDUSTRY
- 2.2. KEY INSIGHTS
- 2.2.1. DEMAND FROM VARIOUS INDUSTRIES
- 2.2.2. ADVANCEMENTS IN SELF-HEALING SMART COATINGS
- 2.3. PORTER’S FIVE FORCES ANALYSIS
- 2.3.1. THREAT OF NEW ENTRANTS
- 2.3.2. THREAT OF SUBSTITUTE
- 2.3.3. BARGAINING POWER OF BUYERS
- 2.3.4. BARGAINING POWER OF SUPPLIERS
- 2.3.5. THREAT OF COMPETITIVE RIVALRY
- 2.4. MARKET ATTRACTIVENESS INDEX
- 2.5. VENDOR SCORECARD
- 2.6. KEY IMPACT ANALYSIS
- 2.6.1. RAW MATERIALS
- 2.6.2. PRICE
- 2.6.3. QUALITY
- 2.7. KEY MARKET STRATEGIES
- 2.7.1. ACQUISITIONS
- 2.7.2. PRODUCT LAUNCHES
- 2.7.3. CONTRACTS & PARTNERSHIPS
- 2.7.4. BUSINESS EXPANSIONS & DIVESTITURES
- 2.8. MARKET DRIVERS
- 2.8.1. ADVANTAGES OF SMART COATINGS IN COMPARISON TO TRADITIONAL COATINGS
- 2.8.2. RISE IN DEMAND FROM THE CONSTRUCTION SECTOR
- 2.9. MARKET CHALLENGES
- 2.9.1. STRINGENT REGULATIONS FOR ENVIRONMENTAL PROTECTION
- 2.9.2. HIGHER COST OF SMART COATINGS
- 2.10. MARKET OPPORTUNITIES
- 2.10.1. A SHIFT TOWARDS SMART COATINGS FROM THEIR ALTERNATIVE
- 2.10.2. GROWING MERGERS AND ACQUISITIONS IN THE SMART COATINGS MARKET
- 3. EUROPE SMART COATINGS MARKET OUTLOOK – BY TYPE OF LAYER
- 3.1. SINGLE-LAYER
- 3.2. MULTI-LAYER
- 4. EUROPE SMART COATINGS MARKET OUTLOOK – BY APPLICATION
- 4.1. BUILDING & CONSTRUCTION
- 4.2. AUTOMOTIVE
- 4.3. MARINE
- 4.4. AEROSPACE & DEFENCE
- 4.5. OTHER APPLICATIONS
- 5. EUROPE SMART COATINGS MARKET OUTLOOK – BY COATING TYPE
- 5.1. ANTI-MICROBIAL
- 5.2. ANTI-CORROSION
- 5.3. ANTI-FOULING
- 5.4. ANTI-ICING
- 5.5. SELF-CLEANING
- 5.6. SELF-HEALING
- 5.7. OTHER COATING TYPES
- 6. EUROPE SMART COATINGS MARKET – REGIONAL OUTLOOK
- 6.1. UNITED KINGDOM
- 6.2. GERMANY
- 6.3. FRANCE
- 6.4. SPAIN
- 6.5. ITALY
- 6.6. RUSSIA
- 6.7. REST OF EUROPE
- 7. COMPETITIVE LANDSCAPE
- 7.1. 3M COMPANY
- 7.2. AKZONOBEL NV
- 7.3. ANCATT INC
- 7.4. AXALTA COATING SYSTEM
- 7.5. BASF SE
- 7.6. EASTMAN CHEMICAL COMPANY
- 7.7. EI DU PONT DE NEMOURS & COMPANY
- 7.8. HEMPEL AS
- 7.9. JOTUN AS
- 7.10. NEI CORPORATION
- 7.11. NIPPON STEEL CORPORATION
- 7.12. PPG INDUSTRIES INC
- 7.13. ROYAL DSM NV
- 7.14. TESLA NANOCOATINGS INC
- 7.15. DOW CHEMICAL COMPANY
- 7.16. THE SHERWIN WILLIAMS COMPANY
- 8. RESEARCH METHODOLOGY & SCOPE
- 8.1. RESEARCH SCOPE & DELIVERABLES
- 8.2. SOURCES OF DATA
- 8.3. RESEARCH METHODOLOGY
- TABLE LIST
- TABLE 1: EUROPE SMART COATINGS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
- TABLE 2: VENDOR SCORECARD
- TABLE 3: EUROPE SMART COATINGS MARKET, BY TYPE OF LAYER, 2021-2028 (IN $ MILLION)
- TABLE 4: EUROPE SMART COATINGS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
- TABLE 5: EUROPE SMART COATINGS MARKET, BY COATING TYPE, 2021-2028 (IN $ MILLION)
- TABLE 6: EUROPE SMART COATINGS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
- FIGURE LIST
- FIGURE 1: MARKET ATTRACTIVENESS INDEX
- FIGURE 2: KEY IMPACT ANALYSIS
- FIGURE 3: EUROPE SMART COATINGS MARKET, BY TYPE OF LAYER, 2020 & 2028 (IN %)
- FIGURE 4: EUROPE SMART COATINGS MARKET, BY SINGLE-LAYER, 2021-2028 (IN $ MILLION)
- FIGURE 5: EUROPE SMART COATINGS MARKET, BY MULTI-LAYER, 2021-2028 (IN $ MILLION)
- FIGURE 6: EUROPE SMART COATINGS MARKET, BY APPLICATION, 2020 & 2028 (IN %)
- FIGURE 7: EUROPE SMART COATINGS MARKET, BY BUILDING & CONSTRUCTION, 2021-2028 (IN $ MILLION)
- FIGURE 8: EUROPE SMART COATINGS MARKET, BY AUTOMOTIVE, 2021-2028 (IN $ MILLION)
- FIGURE 9: EUROPE SMART COATINGS MARKET, BY MARINE, 2021-2028 (IN $ MILLION)
- FIGURE 10: EUROPE SMART COATINGS MARKET, BY AEROSPACE & DEFENCE, 2021-2028 (IN $ MILLION)
- FIGURE 11: EUROPE SMART COATINGS MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)
- FIGURE 12: EUROPE SMART COATINGS MARKET, BY COATING TYPE, 2020 & 2028 (IN %)
- FIGURE 13: EUROPE SMART COATINGS MARKET, BY ANTI-MICROBIAL, 2021-2028 (IN $ MILLION)
- FIGURE 14: EUROPE SMART COATINGS MARKET, BY ANTI-CORROSION, 2021-2028 (IN $ MILLION)
- FIGURE 15: EUROPE SMART COATINGS MARKET, BY ANTI-FOULING, 2021-2028 (IN $ MILLION)
- FIGURE 16: EUROPE SMART COATINGS MARKET, BY ANTI-ICING, 2021-2028 (IN $ MILLION)
- FIGURE 17: EUROPE SMART COATINGS MARKET, BY SELF-CLEANING, 2021-2028 (IN $ MILLION)
- FIGURE 18: EUROPE SMART COATINGS MARKET, BY SELF-HEALING, 2021-2028 (IN $ MILLION)
- FIGURE 19: EUROPE SMART COATINGS MARKET, BY OTHER COATING TYPES, 2021-2028 (IN $ MILLION)
- FIGURE 20: EUROPE SMART COATINGS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
- FIGURE 21: UNITED KINGDOM SMART COATINGS MARKET 2021-2028 (IN $ MILLION)
- FIGURE 22: GERMANY SMART COATINGS MARKET 2021-2028 (IN $ MILLION)
- FIGURE 23: FRANCE SMART COATINGS MARKET 2021-2028 (IN $ MILLION)
- FIGURE 24: SPAIN SMART COATINGS MARKET 2021-2028 (IN $ MILLION)
- FIGURE 25: ITALY SMART COATINGS MARKET 2021-2028 (IN $ MILLION)
- FIGURE 26: RUSSIA SMART COATINGS MARKET 2021-2028 (IN $ MILLION)
- FIGURE 27: REST OF EUROPE SMART COATINGS MARKET 2021-2028 (IN $ MILLION)
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