The term smart coating refers to the concept of coatings being able to sense their environment and make an appropriate response to that stimulus. The standard thinking regarding coatings has been as a passive layer unresponsive to the environment. Smart coatings are made of programmable materials with a variety of physical, chemical, electrical and mechanical properties. The materials can respond to changes in light, pressure, chemical, heat and other stimuli. The coatings are categorized according to functional components, fabrication methods, their application and more. Moreover, smart coatings represent a niche market, but this market will become increasingly important because of the improved product demands from customers.
Factors such as growing demand from end-use industries and superior properties of smart coatings are driving the smart coatings market. In addition, advanced properties such as self-healing, self-cleaning and corrosion resistance is also the factor driving the smart coatings market. However, environmental regulations is one of the major factor hampering the growth of smart coatings market globally.
The smart coatings market is classified into layer, function, end user and geography.
Various layers of smart coatings are applied such as, multi-layer and single-layer. The multi-layer segment accounted for the largest market share owing to the increasing use of multiple layer coats primarily for exterior applications in automotive and aerospace.
Smart coatings has various functions such as, anti-microbial, anti-corrosion, anti-fouling, anti-icing, self-cleaning, self-healing and others. Among these, anti-corrosion smart coatings are widely used because of their compatibility with most structural metals, long-lasting corrosion protection property and adherence to environmental, health and safety standards.
Smart coatings are used by major end users such as, automotive & transportation, marine, building & construction, aerospace & defense and others. The automotive & transportation accounted for the largest market share. Because of the higher demand for smart coatings in body hardware, door closure, lock part, exhaust, suspension, engine components, and clamps & hose connections for the protection against abrasion.
The smart coatings market report is studied across the key countries of North America, Europe, Asia Pacific and Rest of the World. The Asia Pacific region segment is dominated the smart coatings market in 2018, owing to huge demand for smart coatings from countries such as Japan, China and India.
The market involves various key companies in the global smart coatings market such 3M company, PPG Industries, Akzonobel, Axalta Coating Systems, Hempel, Jotun, DOW Corning Corporation, Sherwin-Williams, RPM International, NEI Corporation, Hygratek, Nanoshell Company, Ancatt, Tesla Nanocoatings, Royal Dsm, Greenkote, CG2 Nanocoatings and Helicity Technologies. The majority of companies are aiming towards product launches and mergers & acquisitions to enhance their visibility in the high competitive arena of the market.
The smart coatings market is classified into layer, function, end user and geography. Various layers of smart coatings are applied such as, multi-layer and single-layer. The multi-layer segment accounted for the largest market share owing to the increasing use of multiple layer coats primarily for exterior applications in automotive and aerospace. Smart coatings has various functions such as, anti-microbial, anti-corrosion, anti-fouling, anti-icing, self-cleaning, self-healing and others. Among these, anti-corrosion smart coatings are widely used because of their compatibility with most structural metals, long-lasting corrosion protection property and adherence to environmental, health and safety standards. Smart coatings are used by major end users such as, automotive & transportation, marine, building & construction, aerospace & defense and others. The automotive & transportation accounted for the largest market share. Because of the higher demand for smart coatings in body hardware, door closure, lock part, exhaust, suspension, engine components, and clamps & hose connections for the protection against abrasion. The smart coatings market report is studied across the key countries of North America, Europe, Asia Pacific and Rest of the World. The Asia Pacific region segment is dominated the smart coatings market in 2018, owing to huge demand for smart coatings from countries such as Japan, China and India.
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