Smart Coatings Market Worth 6.27 Billion USD by 2022

The report "Smart Coatings Market by Function (Anti-Corrosion, Anti-Icing, Anti-Microbial, Anti-Fouling, Self-Healing, Self-Cleaning), Layer (Single, Multi), End-Use (Automotive & Transportation, Aerospace & Defense, Marine), and Region - Global Forecast to 2022" published by MarketsandMarkets™, the market is projected to grow from USD 2.15 Billion in 2017 to USD 6.27 Billion by 2022, at a CAGR of 23.87% from 2017 to 2022. The market is driven by the use of smart coatings in a wide range of end-use industries, such as automotive & transportation, aerospace & defense, marine, and building & construction.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 86 tables and 33 figures spread through 133 pages and in-depth TOC on "Smart Coatings Market"

https://www.marketsandmarkets.com/Market-Reports/smart-coating-market-231549104.html
Early buyers will receive 10% customization on this report

Automotive & transportation: The largest end-use industry of the smart coatings market 

Smart coatings are used in various end-use industries, such as automotive & transportation, aerospace & defense, marine, and building & construction. The automotive & transportation end-use industry is estimated to account for the largest share of the smart coatings market in 2017, in terms of volume and value, 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 marine end-use industry is estimated to register the highest CAGR during the forecast period, in terms of value, followed by the automotive & transportation industry.

Get PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=231549104

Anti-corrosion smart coatings: The largest segment by function of the smart coatings market 

Anti-corrosion smart coatings are preferred because of their compatibility with most structural metals; long-lasting corrosion protection property; and adherence to environmental, health, and safety standards. They are capable of self-healing when damaged. Anti-corrosion smart coatings also require low maintenance, materials, and labor; and less physical preparation of the metal surface. In the automotive & transportation industry, anti-corrosion smart coatings are used in fasteners, body hardware, door closures, lock parts, exhausts, suspensions, engine components, clamps & hose connections, and for making the vehicles scratch-free.

Rising demand from APAC: The major driver for the smart coatings market 

APAC is estimated to account for the largest share of the Smart Coatings Market in 2017, in terms of volume and value, and is also projected to register the highest CAGR during the forecast period, in terms of value. The high demand from the APAC region has significantly contributed to the growth of the smart coatings market. China led the APAC smart coatings market owing to the increased production and consumption of smart coatings in the past five years, because of high demand from the country's automotive & transportation and marine end-use industries. Other emerging economies, such as India, Indonesia, and Thailand are projected to register high growth in this market in the coming years.

Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=231549104

Browse Related Reports 

Antifouling Paints and Coatings Market by Type (Copper-Based, Self-Polishing, Hybrid, Others), Application (Shipping Vessels, Drilling Rigs & Production Platforms, Others), Region (APAC, Europe, North America, MEA, Latin America) - Global Forecast to 2021

https://www.marketsandmarkets.com/Market-Reports/antifouling-paint-coating-market-144536668.html

Antimicrobial Coatings Market by Type (Silver, Copper), Application (Indoor Air / HVAC, Medical, Mold Remediation, Building & Construction, Foods & Beverages, Textiles) - Global Forecast to 2021

https://www.marketsandmarkets.com/Market-Reports/antimicrobial-coatings-market-1297.html

Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets