The
worldwide smart coatings market will grow from $363 million in 2013
to almost $3.0 billion in 2018, according to a new report from
industry analysis firm NanoMarkets.
Glen
Allen, Virginia (November 4, 2013) -- The worldwide smart
coatings market will grow from $363 million in 2013 to almost $3.0
billion in 2018, according to a new report from industry analysis
firm NanoMarkets.
The report, "Worldwide Smart Coatings Markets, 2013-2020,"
notes that because of their ability to quickly respond to external
stimuli or resist extreme environments, smart coatings are finding
new applications in several industry sectors including construction,
energy, automotive, medical, consumer electronic goods and the
military.
NanoMarkets
believes that smart coatings will do especially well in markets -
such as the military -- where quality and performance, rather than
price, shape purchasing decisions. Consumer markets where the
customer is willing to pay a premium for functionality such as
scratch resistance or enhanced energy efficiency will also be
important.
Additional
details about the report are available at:
http://nanomarkets.net/market_reports/report/worldwide_smart_coatings_markets_2013_2020.
About
the Report:
This
new NanoMarkets report provides an in depth analysis of the demand
for smart coatings including self-cleaning coatings, anti-corrosion
coatings, self-healing coatings, self-dimming coatings, and a range
of biomedical smart coatings. It examines the latest products,
strategies and technical developments and the hurdles that these
materials must overcome to achieve market acceptance.
The
report contains granular forecasts of smart coatings shipments in
volume and value terms, with breakouts by application and type of
material. The report discusses the activities in the smart coating
space of some of the leading specialty chemical firms and leading
OEMs including 3M, Bayer, Corning, Dassault, Dow, DSM, DuPont,
Eastman Chemical, Fuji Heavy Industries, Honda, Nippon Steel, Nissan,
NTT, Pilkington, PPG, Saint-Gobain, Sherwin-Williams, Sumitomo and
Toyota. In addition, the report covers the activities of numerous
innovative smaller firms and startups.
From
the report:
Self-cleaning
coatings are the largest segment of the smart coatings market;
reaching $1.4 billion in 2018. Self-cleaning glass coatings are
already in widespread use, but NanoMarkets believes there will be
even more opportunities in this space because there is considerable
room for improvement in the performance of existing products;
additional functionality (anti-fog and anti-glare) can also be added.
The fastest growing part of the self-cleaning coatings segment is for
non-glass substrates such as aluminum siding, tile and textiles.
Smart
anti-corrosion coatings are expected to reach $449 million by 2018,
picking up revenues in extreme conditions where conventional paints
do not add enough protection. NanoMarkets believes that an important
future direction for this part of the smart coatings market will be
multipurpose anti-corrosion coatings that address oxidation, wear and
other factors. Up to now such multipurpose coatings have been
available in limited quantities from small suppliers, but NanoMarkets
expects these to become more widely available from the major giant
specialty chemical companies.
NanoMarkets
expects a dramatic shift in the markets for smart coatings in the
next few years. Currently, almost 70 percent of the revenues for
smart coatings come from the construction and automotive industry
sectors. By 2020, NanoMarkets expects this number to have fallen to
37 percent and the energy sector emerging to account for 25 percent
of all smart coatings sales. Much of this growth, NanoMarkets
believes will come from sales of self-cleaning coatings for solar
panels.
About
NanoMarkets:
NanoMarkets
tracks and analyzes emerging markets in medicine, energy, electronics
and other area created by developments in advanced materials. The
firm is a recognized leader in industry analysis and forecasts in the
specialty chemicals industry and has been covering the smart coatings
business since 2011.
Visit
http://www.nanomarkets.net
for a full listing of NanoMarkets' reports and other services.
Media
Contact:
Robert
Nolan
NanoMarkets,
LC
PO
BOX 3840
Glen
Allen, VA 23058
(804)
938-0030
No comments:
Post a Comment