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EUROPE SMART COATINGS MARKET FORECAST 2021-2028

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EUROPE SMART COATINGS MARKET FORECAST 2021-2028

The Europe smart coatings market is forecasted to record a CAGR of 22.30% during the estimated years of 2021 to 2028. The rising demand for raw materials in the aerospace sector, the increased focus on infrastructural development, as well as the augmenting electrical and electronics industry, are among the chief factors facilitating the region’s market growth. The Europe smart coatings market growth assessment includes the analysis of Germany, Italy, Belgium, France, Russia, Poland, the United Kingdom, and the rest of Europe.

EUROPE SMART COATINGS MARKET FORECAST 2021-2028

Europe Smart Coatings Market by Layer (Single-layer, Multi-layer) Market by Type (Anti-microbial, Anti-corrosion, Anti-fouling, Anti-icing, Self-cleaning, Self-healing, Other Types) Market by End-user (Building & Construction, Automotive, Marine, Aerospace & Defence, Other End-users) and by Geography

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The Europe smart coatings market is forecasted to record a CAGR of 22.30% during the estimated years of 2021 to 2028. The rising demand for raw materials in the aerospace sector, the increased focus on infrastructural development, as well as the augmenting electrical and electronics industry, are among the chief factors facilitating the region’s market growth.
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The Europe smart coatings market growth assessment includes the analysis of Germany, Italy, Belgium, France, Russia, Poland, the United Kingdom, and the rest of Europe. Numerous companies in the United Kingdom aim to introduce smart properties of coatings into the industry. For instance, Hexigone, a United Kingdom-based manufacturing start-up, received a $1.2 million investment in February 2021 in order to expand the global sales of the firm’s smart corrosion inhibitors. The investment was acquired from new investors, namely Enterprise Investment Scheme and British Business Bank Future Fund, as well as the continual support from existing financers such as Armourers & Brasiers, Development Bank of Wales, Sunnybarn Investments, and others.

On the other hand, France is one of the major export and production hubs for aircraft systems and components globally. The country largely depends on countries, such as the United States, China, Germany, and India, for exporting locally produced helicopters, airplanes, and aeronautical parts. Passenger air travel in France has also been rising at a considerable rate across the world, thereby increasing the demand for manufacturing new aircraft. Therefore, the factors above are expected to drive the Europe smart coatings market over the forecast period.

Jotun A/S, headquartered in Norway, manufactures and distributes chemicals. The company also provides emulsion primers, floor and powder coatings, interior and exterior paints, and fire protection, in addition to several other products. Its marine coatings are the market leader in terms of high-performance hull coatings for the maritime sector and deliver premium coatings for mega yachts and leisure yachts, cargo holds and drydocking projects, and tanks.

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • KEY DRIVERS
        • GROWING DEMAND FROM CONSTRUCTION SECTOR
        • BENEFITS OFFERED BY SMART COATING OVER TRADITIONAL COATING
        • RISE IN MERGERS & ACQUISITIONS AMONG SMART COATINGS-RELATED COMPANIES
      • KEY RESTRAINTS
        • HIGH PRICE OF SMART COATINGS
        • UNFAVORABLE ENVIRONMENTAL REGULATIONS
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON SMART COATINGS MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
      • KEY BUYING CRITERIA
        • RAW MATERIALS
        • PRICE
        • QUALITY
    1. MARKET BY LAYER
      • SINGLE-LAYER
      • MULTI-LAYER
    2. MARKET BY TYPE
      • ANTI-MICROBIAL
      • ANTI-CORROSION
      • ANTI-FOULING
      • ANTI-ICING
      • SELF-CLEANING
      • SELF-HEALING
      • OTHER TYPES
    3. MARKET BY END-USER
      • BUILDING & CONSTRUCTION
      • AUTOMOTIVE
      • MARINE
      • AEROSPACE & DEFENCE
      • OTHER END-USERS
    4. GEOGRAPHICAL ANALYSIS
      • EUROPE
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED KINGDOM
          • GERMANY
          • FRANCE
          • ITALY
          • RUSSIA
          • BELGIUM
          • POLAND
          • REST OF EUROPE
    1. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS & AGREEMENTS
        • BUSINESS EXPANSIONS & DIVESTITURES
      • COMPANY PROFILES
        • 3M COMPANY
        • AKZONOBEL NV
        • ANCATT INC
        • AXALTA COATING SYSTEM
        • BASF SE
        • EASTMAN CHEMICAL COMPANY
        • EI DU PONT DE NEMOURS AND COMPANY
        • HEMPEL A/S
        • JOTUN A/S
        • NEI CORPORATION
        • NIPPON STEEL CORPORATION
        • PPG INDUSTRIES INC
        • ROYAL DSM NV
        • TESLA NANOCOATINGS INC
        • THE DOW CHEMICAL COMPANY
        • THE SHERWIN-WILLIAMS COMPANY

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – SMART COATINGS

    TABLE 2: EUROPE SMART COATINGS MARKET, BY LAYER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 3: EUROPE SMART COATINGS MARKET, BY LAYER, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 4: EUROPE SMART COATINGS MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 5: EUROPE SMART COATINGS MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 6: EUROPE SMART COATINGS MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 7: EUROPE SMART COATINGS MARKET, BY END-USER, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 8: EUROPE SMART COATINGS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 9: EUROPE SMART COATINGS MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 10: LEADING PLAYERS OPERATING IN EUROPE SMART COATINGS MARKET

    TABLE 11: LIST OF MERGERS & ACQUISITIONS

    TABLE 12: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 13: LIST OF PARTNERSHIPS & AGREEMENTS

    TABLE 14: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

    LIST OF FIGURES

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: KEY BUYING CRITERIA

    FIGURE 6: EUROPE SMART COATINGS MARKET, GROWTH POTENTIAL, BY LAYER, IN 2020

    FIGURE 7: EUROPE SMART COATINGS MARKET, BY SINGLE LAYER, 2021-2028 (IN $ MILLION)

    FIGURE 8: EUROPE SMART COATINGS MARKET, BY MULTI-LAYER, 2021-2028 (IN $ MILLION)

    FIGURE 9: EUROPE SMART COATINGS MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020

    FIGURE 10: EUROPE SMART COATINGS MARKET, BY ANTI-MICROBIAL, 2021-2028 (IN $ MILLION)

    FIGURE 11: EUROPE SMART COATINGS MARKET, BY ANTI-CORROSION, 2021-2028 (IN $ MILLION)

    FIGURE 12: EUROPE SMART COATINGS MARKET, BY ANTI-FOULING, 2021-2028 (IN $ MILLION)

    FIGURE 13: EUROPE SMART COATINGS MARKET, BY ANTI-ICING, 2021-2028 (IN $ MILLION)

    FIGURE 14: EUROPE SMART COATINGS MARKET, BY SELF-CLEANING, 2021-2028 (IN $ MILLION)

    FIGURE 15: EUROPE SMART COATINGS MARKET, BY SELF-HEALING, 2021-2028 (IN $ MILLION)

    FIGURE 16: EUROPE SMART COATINGS MARKET, BY OTHER TYPES, 2021-2028 (IN $ MILLION)

    FIGURE 17: EUROPE SMART COATINGS MARKET, GROWTH POTENTIAL, BY END-USER, IN 2020

    FIGURE 18: EUROPE SMART COATINGS MARKET, BY BUILDING & CONSTRUCTION, 2021-2028 (IN $ MILLION)

    FIGURE 19: EUROPE SMART COATINGS MARKET, BY AUTOMOTIVE, 2021-2028 (IN $ MILLION)

    FIGURE 20: EUROPE SMART COATINGS MARKET, BY MARINE, 2021-2028 (IN $ MILLION)

    FIGURE 21: EUROPE SMART COATINGS MARKET, BY AEROSPACE & DEFENCE, 2021-2028 (IN $ MILLION)

    FIGURE 22: EUROPE SMART COATINGS MARKET, BY OTHER END-USERS, 2021-2028 (IN $ MILLION)

    FIGURE 23: EUROPE SMART COATINGS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

    FIGURE 24: UNITED KINGDOM SMART COATINGS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 25: GERMANY SMART COATINGS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 26: FRANCE SMART COATINGS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 27: ITALY SMART COATINGS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 28: RUSSIA SMART COATINGS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 29: BELGIUM SMART COATINGS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 30: POLAND SMART COATINGS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 31: REST OF EUROPE SMART COATINGS MARKET, 2021-2028 (IN $ MILLION)

    1. GEOGRAPHICAL ANALYSIS
      • EUROPE
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED KINGDOM
          • GERMANY
          • FRANCE
          • ITALY
          • RUSSIA
          • BELGIUM
          • POLAND
          • REST OF EUROPE
    1. MARKET BY LAYER
      • SINGLE-LAYER
      • MULTI-LAYER
    2. MARKET BY TYPE
      • ANTI-MICROBIAL
      • ANTI-CORROSION
      • ANTI-FOULING
      • ANTI-ICING
      • SELF-CLEANING
      • SELF-HEALING
      • OTHER TYPES
    3. MARKET BY END-USER
      • BUILDING & CONSTRUCTION
      • AUTOMOTIVE
      • MARINE
      • AEROSPACE & DEFENCE
      • OTHER END-USERS

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