Press release
Global Smart Surfaces Market to reach US$20.5 bn by 2021 as Smart Materials become Integral to Automotive Industry
Surfaces manufactured through nanotexturing are called as smart surfaces. The name is derived from the unique capabilities of these surfaces to react smartly to various exposures. For instance, the surfaces are best known to be repellent to water, ice, oil, and certain microorganisms. The anti-icing, superamphiphobic, and antifouling characteristics of these materials make them inherently self-cleaning, thereby making them a popular option in several applications. The biggest driving force behind the real success of global smart surfaces market is the growing demand for surfaces that are self-cleaning in nature.
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The global smart surfaces market is segmented on the basis of application, material, and geography. The applications of smart surfaces are seen in areas such as energy, construction, transportation, electronics, medical and healthcare, and others. The medical and healthcare segment is further divided into drug delivery surfaces and antimicrobial smart surfaces. In terms of material, the global market is segmented into self-healing materials, self-assembling materials, and self-cleaning materials. Geographically, this market is segmented into Europe, North America, Asia Pacific, and Rest of the World.
The transportation segment has played a pivotal role in the growth of the global smart surfaces market as it has been showing a huge demand for surfaces that do not collect dust, are easier to clean, remain scratch-resistant, and water-resistant. This trend has also percolated to the self-cleaning materials, making it the leading material segment in the overall smart surfaces market. However, analysts predict that self-assembling materials segment will show the fastest growth rate between 2015 and 2021.
Presently, North America holds the biggest share in the global smart surfaces market. However, analysts predict that the dynamics of regional leadership are poised to change as industrialization gears up in Asia Pacific. Following this trend, the Asia Pacific smart surfaces market will lead the global market by 2021. The burgeoning automobile hubs of India and South Korea are likely to drive the growth of the smart surfaces market of Asia Pacific.
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The chief operating players in the global smart surfaces market are Gentex Corporation, P2i Ltd., 3M Company, Inc., SLIPS Technology, Nanotrons Corporation, Clariant, The Dow Chemical Company, HzO, nanoShell Ltd., and Debiotech S.A. The research report includes a thorough profiling of these companies and explains the nature of competition defining the global smart surfaces market. Furthermore, the report also offers an assessment of the financial overview, management styles, research and development activities, and expansion plans of these companies in the global smart surfaces market for the coming few years.
The global smart surfaces market is segmented as:
Global Smart Surfaces Market: By Application
Construction
Energy
Transportation
Medical and Healthcare
Antimicrobial Smart Surfaces
Drug Delivery Surfaces
Others
Electronics
Military and Security
Others
Global Smart Surfaces Market: By Material
Self-healing Materials
Self-cleaning Materials
Self-assembling Materials
Others
Global Smart Surfaces Market: By geography
North America
U.S.
Rest of North America
Europe
U.K.
Germany
France
Rest of Europe
Asia Pacific
China
Japan
Rest of Asia Pacific
Rest of the World
Latin America
Middle East
Africa
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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