Smart Coatings Market Likely to Harness Growth with Surged End-User Demands in Construction and Electronics


Published on : Oct 23, 2018

Albany, New York, October 23, 2018: Surged demands across end-use industries such as electronics, buildings, construction, and aerospace amongst others are notably propelling demands for multi-functional, self-healing smart-coatings market. Ongoing advancements in the development of smart coatings such as anti-glare technology, de-icing coatings, and effective heat management attributes are some potent growth initiators in smart coatings market. A new market research report titled, 'Smart Coatings: Applications and Global Markets' collated in the vast repository of Market Research Hub (MRH) delves into ongoing market advances and their reciprocal implications on the growth of smart coatings market.

Triggered by burgeoning end-user industry demands, leading players in smart coating market are integrating resources to elevate their offerings in order to remain industry specific. Inclusion of advanced technological solutions such as self-cleaning and healing technologies besides other features such as anti-microbial, anti-icing, and corrosion properties remain core priorities amongst leading market players. Additional advanced features such as temperature sensing and pressure sensing are also core investment areas for leading market participants in smart coatings market.

Sherwin-Williams Launches Loxon Self-Cleaning Acrylic Coating to Expand Offerings in Smart Coatings Market

Expanding its foothold in smart coatings market, leading paint manufacturer Sherwin-Williams has recently announced the launch of Loxon self-cleaning acrylic coating. The new addition to Sherwin-William's broad portfolio is an ideal self-coating, specifically designed for exterior application, subject to harsh weather conditions. The coating demonstrates easy, self-cleaning feature with robust durability and elegant look. The addition is expected to further stimulate growth in smart coatings market, besides elevating Sherwin-Williams' position on the growth curve.

The report on smart coatings market is a holistic description of various segments prevalent in smart coatings market, based on which the market is diversified into type, functionalities, and applications. Based on type smart coatings market is classified as single-layer and multi-layer. On the basis of functionalities smart coatings market is diversified as anticorrosion, color-shifting, bioactive, self-healing, super-hydrophobic, and anti-icing amongst others. In terms of applications, smart coatings market is classified as power, textiles, marine, oil and gas, food processing, aerospace, electronics, and construction amongst others. The report further allows readers to identify the segment associated with surged revenue generation besides allowing readers to comprehend the efficacy of segments in steering growth in smart coatings market.

Additionally, the report further elaborates on various marketing tactics and tools implemented by leading market players across regions and their reciprocal impact on the growth of smart coatings market. This section of the report offers a holistic overview of geographical expanse of smart coatings market based on which the market is segregated as Europe, North America, South America, Asia-Pacific, and Middle East and Africa.

Competition Dashboard: Smart Coatings Market

Elaborate marketing tactics and tools documented in the report enable readers to comprehend the effectiveness of marketing tactics and tools in steering market growth besides allowing readers to analyze the influence of these strategies in fostering favorable end-user response in terms of their buying preferences and eventual buying discretion. This section of the report profiles leading market players operational in smart coatings market, chief amongst them include, The Dow Chemical Co., PPG Industries Inc, The Sherwin-Williams Co., 3M, and AkzoNobel N.V.

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