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Smart Coatings Market to 2017 - 2025: 3M, Dow Corning, PPG Protective & Marine Coatings, Royal DSM, NEI Corporation, BASF SE
Global Smart Coatings Market: Overview
Smart coatings are one of the coatings that are technologically developed to change its properties in response to the environmental stimulus. The product have been developed in such a way that they react to the stimulus on its own which is why it is named as smart coatings. Various smart coating products available in the market are self-cleaning, self-healing, anti-corrosion, anti-microbial, self-dimming and others. These coatings are been used for various applications ranging from building & construction, automotive, electronics, military, medical and others.
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The report estimates and forecasts the smart coatings market on the global, regional, and country levels. The study provides forecast between 2017 and 2025 based on volume (Tons) and revenue (US$ Mn) with 2016 as the base year. The report comprises an exhaustive value chain analysis for each of the product segments. It provides a comprehensive view of the market. Value chain analysis also offers detailed information about value addition at each stage. The study includes drivers and restraints for the smart coatings market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. The report analyzes opportunities in the smart coatings market on the global and regional level. Drivers, restraints, and opportunities mentioned in the report are justified through quantitative and qualitative data. These have been verified through primary and secondary resources.
The report includes Porter’s Five Forces Model to determine the degree of competition in the smart coatings market. The report comprises a qualitative write-up on market attractiveness analysis, wherein applications and countries have been analyzed based on attractiveness for each region. Growth rate, market size, raw material availability, profit margin, impact strength, technology, competition, and other factors (such as environmental and legal) have been evaluated in order to derive the general attractiveness of the market. The report comprises price trend analysis for smart coatings between 2017 and 2025.
Global Smart Coatings Market: Segmentation
The study provides a comprehensive view of the smart coatings market by dividing it on the basis of applications and geography segments. The smart coatings market has been segmented into building & construction, automotive, electronics, military, medical and other segment based on application type. Application type segment have been analyzed based on historic, present, and future trends.
Regional segmentation includes the current and forecast demand for smart coatings in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). Additionally, the report comprises country-level analysis in terms of volume and revenue for various segments. Key countries such as the U.S., Canada, Germany, France, the U.K., Spain, Italy, India, China, Japan, South Africa, Mexico, and Brazil have been included in the study. Market segmentation includes demand for individual applications in all the regions and countries.
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Global Smart Coatings Market: Competitive Analysis
The report covers detailed competitive outlook that includes market share and profiles of key players operating in the global market. Key players profiled in the report includes 3M, Dow Corning, PPG Protective & Marine Coatings, Royal DSM, NEI Corporation, BASF SE, and others. Company profiles include attributes such as company overview, number of employees, brand overview, key competitors, business overview, business strategies, recent/key developments, acquisitions, and financial overview (wherever applicable).
Global Smart Coatings Market: Research Methodology
Secondary research sources that were typically referred to include, but were not limited to company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings. Other sources such as internal and external proprietary databases, statistical databases and market reports, news articles, national government documents, and webcasts specific to companies operating in the market have also been referred for the report.
In-depth interviews and discussions with a wide range of key opinion leaders and industry participants were conducted to compile this research report. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. Key players’ product literature, annual reports, press releases, and relevant documents were reviewed for competitive analysis and market understanding. This helped in validating and strengthening secondary research findings. Primary research further helped in developing the analysis team’s expertise and market understanding.
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Summary
Smart coatings are coatings that respond to the environment. They respond to external stimuli such as dirt, light, pH changes, temperature, impact, and fatigue. For instance, in aerospace, smart coatings can indicate damage to a gas, an oil or aero engine.
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