Smart Coatings Market Report

Smart Coatings Market Report, By Layer (Multi-Layer and Single-Layer), Function (Anti-Microbial, Anti-Corrosion, Anti-Fouling, Anti-Icing, Self-Cleaning and Self-Healing), End User and Geography - Global Market Share, Trend Analysis & Forecast , 2019 - 2028

Report Code : cm2069 | Publish Date : Upcoming | Industry : Chemicals_Materials | Geography : Global


  • Report Description
  • Summary

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.

Smart Coatings Market Outlook

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.


Smart Coatings Market Segmental Overview

The smart coatings market is classified into layer, function, end user and geography. 

Smart Coatings Market by Layer 

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 Market by Function 

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 Market by End User 

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. 

Smart Coatings Market by Geography 

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. 

Smart Coatings Market Key Players 

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. 

Smart Coatings Market Developments

  • June 2017: The Sherwin-Williams Company announced acquisition of The Valspar Corporation. Under the terms of the merger agreement, Valspar shareholders will receive USD 113 per share in cash. In connection with completion of the transaction, Valspar common stock ceased trading prior to market opening today and will be delisted from the New York Stock Exchange.
  • June 2016, PPG Industries announced its acquisition of Metokote, another supplier of products and related services headquartered in Lima, Ohio. MetoKote is a U.S.-based coatings services business with 2015 global sales of approximately $200 million.


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. 

Why to buy this report:

  • The report offers changing market dynamics in the smart coatings market, presenting historical, current and projected market size in terms of value (USD Million)
  • The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of smart coatings
  • It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the artificial pancreas devices smart coatings market performance
  • The report also offers strategic recommendations in key business segments based on the market estimations and competitive landscape, mapping the key common trends of smart coatings market