Smart Coating Market Analysis

  • Report ID: 2530
  • Published Date: Nov 28, 2024
  • Report Format: PDF, PPT

Smart Coating Market Analysis

Product Type (Anticorrosion Coatings, Self-Healing Coatings, Anti-Fouling, Anti-Microbial, Self-Cleaning Coatings, Anti-icing Coatings, Others)

Anti-corrosion coatings segment is projected to capture smart coatings market share of around 11.6% by the end of 2037, due to the advancement of self-healing coatings. These advanced materials can repair themselves when damaged improving durability and decreasing maintenance necessity. This capability is mainly valuable in high-wear applications such as aerospace and automotive industries, where preserving the integrity of materials is critical for performance and safety. For example, Boeing Company positively completed its testing for the MQ-25 stingray drone, by applying corrosion-resistant smart coatings to enhance its performance in the maritime environment.

Technology (Nano-Coatings, Stimuli-Responsive Coatings, Microencapsulation, Others)

In smart coatings market, nano coatings segment is anticipated to account for revenue share of around 33.3% by 2037, due to exclusive desirable properties that address several functionality and performance needs across various industries. They can offer resistance against abrasion, corrosion, and UV radiation while upholding minimal thickness, making them ideal for applications where weight and space restrictions are critical such as in the automotive, electronics, and aerospace industries. For instance, in June 2024, Onyx Coating, a global leader in the automotive protection and care industry announced the launch of a novel nano coating combination of 10H and N1 that provides unparalleled protection for vehicles along with flawless finish and long-lasting defense against abrasion, corrosion, and UV radiation.

Our in-depth analysis of the smart coatings market includes the following segments:

Product Type

  • Anticorrosion Coatings
  • Self-Healing Coatings
  • Anti-Fouling
  • Anti-Microbial
  • Self-Cleaning Coatings
  • Anti-icing Coatings
  • Others

Technology

  • Nano-Coatings
  • Stimuli-Responsive Coatings
  • Microencapsulation
  • Others

End use

  • Pharmaceuticals
  • Chemicals
  • Food & Beverage
  • Agriculture
  • Others
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Author Credits:  Rajrani Baghel


  • Report ID: 2530
  • Published Date: Nov 28, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The smart coatings market size was USD 4.4 billion in 2024.

The global smart coatings market size was USD 4.4 billion in 2024 and is likely to reach USD 64.5 billion by the end of 2037, expanding at a CAGR of 22.9% over the forecast period, i.e., 2025-2037.

3M Company, PPG Industries Inc., Akzo Nobel N.V., Sherwin-Williams Company, AnCatt, Covestro AG, and BASF SE are some key players in the market.

The anti-corrosion coatings segment is expected to hold a leading share during the forecast period.

North America is projected to offer lucrative prospects with a share of 30.5% in 2037.
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