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Smart Coatings Market by Function (Anti-Corrosion, Anti-Icing, Anti-Microbial, Anti-Fouling, Self-Healing, Self-Cleaning), Layer (Single, Multi), End-Use (Automotive & Transportation, Aerospace & Defense, Marine), and Region - Global Forecast to 2022

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Date: 05-Mar-2018
No. of pages: 133
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The smart coatings market is estimated at USD 2.15billion in 2017and is projected to reach USD 6.27billion by 2022, at a CAGR of 23.87% from 2017 to 2022. The growth of the market is driven by the increasing demand of many applications from end-use industries, such as automotive & transportation, aerospace & defense, marine, and building & construction mostly from the APAC region. But concerns regarding the impact on health due to prolonged exposure to smart coatings are restraining the smart coatings market growth.

Automotive & transportation is the largest end-use industry segment of the smart coatings market

Smart coatings are used in various end-use industries, such as automotive & transportation, aerospace & defense, marine, and building & construction. However, automotive & transportation is the market’s most dominant end-use industry, driven by the huge demand for smart coatings for the protection of body hardware, door closures, lock parts, exhausts, suspensions, engine components, and clamps & hose connections against abrasion.

Rising demand from APAC is the major driver for the smart coatings market

APAC is estimated to account for the largest share of the smart coatings market in 2017, in terms of volume and value. The market in this region is also projected to register the highest CAGR between 2017 and 2022, in terms of value. The APAC smart coatings market is driven by high economic growth and heavy investments in industries such as automotive & transportation, marine, and building & construction. Population growth, industrialization, and rise in the purchasing power of consumers (which leads to high sales of automotive vehicles) have led to growth in the manufacturing of smart coatings in this region.

Extensive primary interviews have been conducted, and information gathered from secondary research to determine and verify the market size of several segments and sub segments.

Breakup of Primary Interviews:


  • By Company Type - Tier 1 – 35%, Tier 2 – 33%, and Tier 3 – 32%

  • By Designation - C Level – 34%, D Level – 31%, and Others – 35%

  • By Region - North America – 25%, Europe – 24%, APAC – 39%, Middle East & Africa -7%, and South America – 5%


The key companies profiled in this report include Akzo Nobel (Netherlands), PPG Industries (US), Axalta Coatings Systems (US), The Sherwin-Williams Company (US), Jotun A/S (Norway), RPM International (US), Hempel A/S (Denmark), and NEI Corporation (US).

Research Coverage:

The smart coatings market report covers segmentation by function (anti-corrosion, anti-icing, anti-microbial, anti-fouling, self-healing, and self-cleaning), layer (single layer, multi-layer), end-use industry(automotive & transportation, aerospace & defense, marine, and building & construction), and region (North America, Europe, APAC, Middle East & Africa, and South America). The end-use industry segment is further analyzed for each country in the respective regions.

Reasons to Buy the Report:

From an insight perspective, this research report focuses on various levels of analyses—industry analysis (industry trends), market share analysis of top players, value-chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the market; high growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:


  • Market Penetration: Comprehensive information on smart coatings offered by top players in the smart coatings market

  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the smart coatings market

  • Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the market for smart coatings across regions

  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the smart coatings market

  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the smart coatings market

Smart Coatings Market by Function (Anti-Corrosion, Anti-Icing, Anti-Microbial, Anti-Fouling, Self-Healing, Self-Cleaning), Layer (Single, Multi), End-Use (Automotive & Transportation, Aerospace & Defense, Marine), and Region - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Markets Covered
1.3.1 Year Considered for the Study
1.4 Currency
1.5 Unit Considered
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Assumptions
2.5 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities for Market Players
4.2 Smart Coatings Market, By Layer
4.3 Smart Coatings Market, Developed vs Developing Countries
4.4 APAC Smart Coatings Market Share, By End-Use Industry and Country
4.5 Smart Coatings Market, By Function
4.6 Smart Coatings Market Growth, By Countries

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Demand From End-Use Industries
5.2.1.2 Superior Properties of Smart Coatings
5.2.2 Restraints
5.2.2.1 Environmental Regulations
5.2.3 Opportunities
5.2.3.1 Increasing Demand for Products Requiring Low Maintenance
5.2.4 Challenges
5.2.4.1 Low Durability in Extreme Weather Conditions
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Buyers
5.3.4 Bargaining Power of Suppliers
5.3.5 Intensity of Competitive Rivalry
5.4 Macroeconomic Overview and Key Trends
5.4.1 Trends and Forecast of GDP
5.4.2 Trends in Automotive Industry
5.4.3 Trends in Construction Industry
5.4.4 Trends in the Aerospace Industry

6 Smart Coatings Market, By Layer
6.1 Introduction
6.2 Multi-Layer
6.3 Single-Layer

7 Smart Coatings Market, By Function
7.1 Introduction
7.2 Anti-Microbial
7.3 Anti-Corrosion
7.4 Anti-Fouling
7.5 Anti-Icing
7.6 Self-Cleaning
7.7 Self-Healing
7.8 Others

8 Smart Coatings Market, By End-Use Industry
8.1 Introduction
8.2 Automotive & Transportation
8.3 Marine
8.4 Building & Construction
8.5 Aerospace & Defense
8.6 Others

9 Smart Coatings Market, By Region
9.1 Introduction
9.2 APAC
9.2.1 China
9.2.2 Japan
9.2.3 India
9.2.4 South Korea
9.2.5 Indonesia
9.2.6 Thailand
9.2.7 Malaysia
9.2.8 Rest of APAC
9.3 Europe
9.3.1 Germany
9.3.2 Russia
9.3.3 France
9.3.4 UK
9.3.5 Italy
9.3.6 Turkey
9.3.7 Spain
9.3.8 Rest of Europe
9.4 North America
9.4.1 US
9.4.2 Canada
9.4.3 Mexico
9.5 Middle East & Africa
9.5.1 Iran
9.5.2 Israel
9.5.3 South Africa
9.5.4 Rest of Middle East & Africa
9.6 South America
9.6.1 Brazil
9.6.2 Argentina
9.6.3 Rest of South America

10 Competitive Landscape
10.1 Overview
10.2 Market Share Analysis
10.3 Competitive Scenerio
10.3.1 New Product Launches
10.3.2 Acquisitions
10.3.3 Expansions

11 Company Profiles
(Overview, Financial*, Products & Services, Strategy, and Developments)
11.1 3M
11.2 PPG Industries
11.3 Akzonobel
11.4 Axalta Coating Systems
11.5 Hempel
11.6 Jotun
11.7 DOW Corning Corporation
11.8 Sherwin-Williams
11.9 RPM International
11.10 NEI Corporation
11.11 Additional Companies
11.11.1 Hygratek
11.11.2 Nanoshell Company
11.11.3 Ancatt
11.11.4 Tesla Nanocoatings
11.11.5 Royal Dsm
11.11.6 Greenkote
11.11.7 CG2 Nanocoatings
11.11.8 Helicity Technologies

*Details Might Not Be Captured in Case of Unlisted Companies

12 Appendix
12.1 Discussion Guide
12.2 Knowledge Store: Marketsandmarkets Subscription Portal
12.3 Introducing RT: Real-Time Market Intelligence
12.4 Available Customizations
12.5 Related Reports
12.6 Author Details

List of Tables

Table 1 Smart Coatings Market Snapshot (2017 vs 2022)
Table 2 Trends and Forecast of GDP, Change (2016-2022)
Table 3 Automotive Production, By Region, 2015-2016
Table 4 Construction Industry Spending, 2015–2017 (USD Billion)
Table 5 Global Growth Indicators of the Aerospace Industry, 2016–2035
Table 6 New Airplane Deliveries, By Region, 2016–2035
Table 7 Smart Coatings Market Size, By Layer, 2015–2022 (Kiloton)
Table 8 Smart Coatings Market Size, By Layer, 2015–2022 (USD Million)
Table 9 Multi-Layer Smart Coatings Market Size, By Region, 2015–2022 (Kiloton)
Table 10 Multi-Layer Smart Coatings Market Size, By Region, 2015–2022 (USD Million)
Table 11 Single-Layer Smart Coatings Market Size, By Region, 2015–2022 (Kiloton)
Table 12 Single-Layer Smart Coatings Market Size, By Region, 2015–2022 (USD Million)
Table 13 Smart Coatings Market Size, By Function, 2015–2022 (Kiloton)
Table 14 Smart Coatings Market Size, By Function, 2015–2022 (USD Million)
Table 15 Anti-Microbial Smart Coatings Market Size, By Region, 2015–2022 (Kiloton)
Table 16 Anti-Microbial Smart Coatings Market Size, By Region, 2015–2022 (USD Million)
Table 17 Anti-Corrosion Smart Coatings Market Size, By Region, 2015–2022 (Kiloton)
Table 18 Anti-Corrosion Smart Coatings Market Size, By Region, 2015–2022 (USD Million)
Table 19 Anti-Fouling Smart Coatings Market Size, By Region, 2015–2022 (Kiloton)
Table 20 Anti-Fouling Smart Coatings Market Size, By Region, 2015–2022 (USD Million)
Table 21 Anti-Icing Smart Coatings Market Size, By Region, 2015–2022 (Kiloton)
Table 22 Anti-Icing Smart Coatings Market Size, By Region, 2015–2022 (USD Million)
Table 23 Self-Cleaning Smart Coatings Market Size, By Region, 2015–2022 (Kiloton)
Table 24 Self-Cleaning Smart Coatings Market Size, By Region, 2015–2022 (USD Million)
Table 25 Self-Healing Smart Coatings Market Size, By Region, 2015–2022 (Kiloton)
Table 26 Self-Healing Smart Coatings Market Size, By Region, 2015–2022 (USD Million)
Table 27 Other Smart Coatings Market Size, By Region, 2015–2022 (Kiloton)
Table 28 Other Smart Coatings Market Size, By Region, 2015–2022 (USD Million)
Table 29 Smart Coatings Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 30 Smart Coatings Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 31 Smart Coatings Market Size in Automtoive & Transportation, By Region, 2015–2022 (Kiloton)
Table 32 Smart Coatings Market Size in Automotive & Transportation, By Region, 2015–2022 (USD Million)
Table 33 Smart Coatings Market Size in Marine, By Region, 2015–2022 (Kiloton)
Table 34 Smart Coatings Market Size in Marine, By Region, 2015–2022 (USD Million)
Table 35 Smart Coatings Market Size in Building & Construction, By Region, 2015–2022 (Kiloton)
Table 36 Smart Coatings Market Size in Building & Construction, By Region, 2015–2022 (USD Million)
Table 37 Smart Coatings Market Size in Aerospace & Defense, By Region, 2015–2022 (Kiloton)
Table 38 Smart Coatings Market Size in Aerospace & Defense, By Region, 2015–2022 (USD Million)
Table 39 Smart Coatings Market Size in Other Industries, By Region, 2015–2022 (Kiloton)
Table 40 Smart Coatings Market Size in Other Industries, By Region, 2015–2022 (USD Million)
Table 41 Smart Coatings Market Size, By Region, 2015–2022 (Kiloton)
Table 42 Smart Coatings Market Size, By Region, 2015–2022 (USD Million)
Table 43 APAC: Smart Coatings Market Size, By Country, 2015–2022 (Kiloton)
Table 44 APAC: Smart Coatings Market Size, By Country, 2015–2022 (USD Million)
Table 45 APAC: Smart Coatings Market Size, By End-Use Industry 2015–2022 (Kiloton)
Table 46 APAC: Smart Coatings Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 47 APAC: Smart Coatings Market Size, By Function, 2015–2022 (Kiloton)
Table 48 APAC: Smart Coatings Market Size, By Function, 2015–2022 (USD Million)
Table 49 APAC: Smart Coatings Market Size, By Layer, 2015–2022 (Kiloton)
Table 50 APAC: Smart Coatings Market Size, By Layer, 2015–2022 (USD Million)
Table 51 Europe: Smart Coatings Market Size, By Country, 2015–2022 (Kiloton)
Table 52 Europe: Smart Coatings Market Size, By Country, 2015–2022 (USD Million)
Table 53 Europe: Smart Coatings Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 54 Europe: Smart Coatings Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 55 Europe: Smart Coatings Market Size, By Function, 2015–2022 (Kiloton)
Table 56 Europe: Smart Coatings Market Size, By Function, 2015–2022 (USD Million)
Table 57 Europe: Smart Coatings Market Size, By Layer, 2015–2022 (Kiloton)
Table 58 Europe: Smart Coatings Market Size, By Layer, 2015–2022 (USD Million)
Table 59 North America: Smart Coatings Market Size, By Country, 2015–2022 (Kiloton)
Table 60 North America: Smart Coatings Market Size, By Country, 2015–2022 (USD Million)
Table 61 North America: Smart Coatings Market, By End-Use Industry 2015–2022 (Kiloton)
Table 62 North America: Smart Coatings Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 63 North America: Smart Coatings Market, By Layer, 2015–2022 (Kiloton)
Table 64 North America: Smart Coatings Market Size, By Layer, 2015–2022 (USD Million)
Table 65 North America: Smart Coatings Market, By Function, 2015–2022 (Kiloton)
Table 66 North America: Smart Coatings Market Size, By Function, 2015–2022 (USD Million)
Table 67 Middle East & Africa: Smart Coatings Market Size, By Country, 2015–2022 (Kiloton)
Table 68 Middle East & Africa: Smart Coatings Market Size, By Country, 2015–2022 (USD Million)
Table 69 Middle East & Africa: Smart Coatings Market Size, By End-Use Industry 2015–2022 (Kiloton)
Table 70 Middle East & Africa: Smart Coatings Market Size, By End-Use Industry 2015–2022 (USD Million)
Table 71 Middle East & Africa: Smart Coatings Market Size, By Function, 2015–2022 (Kiloton)
Table 72 Middle East & Africa: Smart Coatings Market Size, By Function, 2015–2022 (USD Million)
Table 73 Middle East & Africa: Smart Coatings Market Size, By Layer, 2015–2022 (Kiloton)
Table 74 Middle East & Africa: Smart Coatings Market Size, By Layer, 2015–2022 (USD Million)
Table 75 South America: Smart Coatings Market Size, By Country, 2015–2022 (Kiloton)
Table 76 South America: Smart Coatings Market Size, By Country, 2015–2022 (USD Million)
Table 77 South America: Smart Coatings Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 78 South America: Smart Coatings Market Size , By End-Use Industry, 2015–2022 (USD Million)
Table 79 South America: Smart Coatings Market Size, By Function, 2015–2022 (Kiloton)
Table 80 South America: Smart Coatings Market Size, By Function, 2015–2022 (USD Million)
Table 81 South America: Smart Coatings Market Size, By Layer, 2015–2022 (Kiloton)
Table 82 South America: Smart Coatings Market Size , By Layer , 2015–2022 (USD Million)
Table 83 Market Ranking of Key Players (2016)
Table 84 New Product Launches, Between 2015 and 2017
Table 85 Acquisitions, Between 2015 and 2017
Table 86 Expansions, Between 2015 and 2017

List of Figures

Figure 1 Smart Coatings Market: Research Design
Figure 2 Market Size Estimation: Bottom-Up Approach
Figure 3 Market Size Estimation: Top-Down Approach
Figure 4 Smart Coatings Market: Data Triangulation
Figure 5 Multi-Layer Smart Coatings to Dominate the Market During the Forecast Period
Figure 6 Marine to Be the Fastest-Growing End-Use Industry in the Smart Coatings Market During the Forecast Period
Figure 7 Smart Anti-Corrosion Coatings to Be the Fastest-Growing Segment Between 2017 and 2022
Figure 8 APAC Was the Largest Smart Coatings Market in 2016
Figure 9 Growing Demand From End-Use Industries to Offer Lucrative Growth Opportunities for Market Players Between 2017 and 2022
Figure 10 Multi-Layer Smart Coatings to Register the Highest CAGR Between 2017 and 2022
Figure 11 Smart Coatings Market to Register High CAGR in Developing Nations Than Developed Nations
Figure 12 Automotive & Transportation Accounted for the Largest Share of APAC Smart Coatings Market in 2016
Figure 13 Anti-Corrosion Segment to Lead the Smart Coatings Market During the Forecast Period
Figure 14 India to Register Highest CAGR Between 2017 and 2022
Figure 15 Drivers, Restraints, Opportunities, and Challenges in the Smart Coatings Market
Figure 16 Porter’s Five Forces Analysis
Figure 17 Multi-Layer Smart Coatings to Dominate the Market Between 2017 and 2022
Figure 18 Anti-Corrosion to Be the Largest Function of Smart Coatings During the Forecast Period
Figure 19 Automotive & Transportation to Be the Largest End User for Smart Coatings During the Forecast Period
Figure 20 India to Register the Highest CAGR in the Smart Coatings Market During the Forecast Period
Figure 21 APAC: Smart Coatings Market Snapshot
Figure 22 Europe: Smart Coatings Market Snapshot
Figure 23 North America: Smart Coatings Market Snapshot
Figure 24 Companies Adopted New Product Launches as the Key Growth Strategy Between 2015 and 2017
Figure 25 3M: Company Snapshot
Figure 26 PPG Industries: Company Snapshot
Figure 27 Akzonobel: Company Snapshot
Figure 28 Axalta Coating Systems: Company Snapshot
Figure 29 Hempel: Company Snapshot
Figure 30 Jotun: Company Snapshot
Figure 31 DOW Corning Corporation: Company Snapshot
Figure 32 Sherwin-Williams: Company Snapshot
Figure 33 RPM International: Company Snapshot

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