The Indonesia smart coatings market is forecasted to project a CAGR of 24.37% over the forecast years. The country’s market growth is driven by key drivers such as the huge population base, the accelerated rates of urbanization, the rapidly rising middle class, and the augmenting automotive industry. While the base year considered for the studied market is 2020, the forecasting period is from 2021 to 2026.

INDONESIA SMART COATINGS MARKET FORECAST 2021-2026

Indonesia 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)

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The Indonesia smart coatings market is forecasted to project a CAGR of 24.37% over the forecast years. The country’s market growth is driven by key drivers such as the huge population base, the accelerated rates of urbanization, the rapidly rising middle class, and the augmenting automotive industry. While the base year considered for the studied market is 2020, the forecasting period is from 2021 to 2026.
indonesia-smart-coatings-market

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Smart coatings have gained immense recognition in avenues such as material sciences, biomedical sciences, colloidal chemistry, and polymer chemistry, owing to the intrinsic chemistry and properties they possess on modification. Besides, the coatings are formulated to contain both active and passive components. Subsequently, on application, the advantages of their prompt response can be achieved on the basis of the required stimuli.

The paint and coatings industry in Indonesia recorded over 6% growth rates across five successive years. Moreover, the sector is catered by six multinational and four domestic paint producers as well as a significant number of small-scale domestic producers. Presently, Indonesia’s architectural segment is the national paints and coatings market’s chief demand driver. As per industry sources, the Indonesian government’s resolute aim of establishing 10 million new houses to offer adequate housing facilities, especially for low-income citizens, is also anticipated to generate a substantial market demand for paints and coatings.

AkzoNobel NV, headquartered in the United States, is a paints and coatings manufacturing company. It provides specialty coatings, protective coatings, automotive coatings, industrial coatings, and marine coatings used in aircraft, cars, consumer goods, yachts, ships, architectural components, and oil and gas facilities. The company’s business presence extends across the Asia-Pacific, the Americas, the Middle East & Africa, and Europe.

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • COUNTRY SNAPSHOT
      • COUNTRY ANALYSIS
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
    3. KEY ANALYTICS
      • IMPACT OF COVID-19 ON INDONESIA SMART COATINGS MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • 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. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS & AGREEMENTS
        • BUSINESS EXPANSIONS & DIVESTITURES
      • COMPANY PROFILES
        • PT KANSAI PAINT INDONESIA
        • PT MOWILEX
        • PT NANO COATING INDONESIA
        • PT PROPAN RAYA ICC
        • PT TOA COATING INDONESIA

    LIST OF TABLES  

    TABLE 1: MARKET SNAPSHOT – INDONESIA SMART COATINGS

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

    TABLE 3: INDONESIA SMART COATINGS MARKET, BY LAYER, FORECAST YEARS, 2021-2026 (IN $ MILLION)

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

    TABLE 5: INDONESIA SMART COATINGS MARKET, BY TYPE, FORECAST YEARS, 2021-2026 (IN $ MILLION)

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

    TABLE 7: INDONESIA SMART COATINGS MARKET, BY END-USER, FORECAST YEARS, 2021-2026 (IN $ MILLION)

    TABLE 8: LIST OF MERGERS & ACQUISITIONS

    TABLE 9: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 10: LIST OF PARTNERSHIPS & AGREEMENTS

    TABLE 11: 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: KEY BUYING CRITERIA

    FIGURE 5: INDONESIA SMART COATINGS MARKET, GROWTH POTENTIAL, BY LAYER, IN 2020

    FIGURE 6: INDONESIA SMART COATINGS MARKET, BY SINGLE LAYER, 2021-2026 (IN $ MILLION)

    FIGURE 7: INDONESIA SMART COATINGS MARKET, BY MULTI-LAYER, 2021-2026 (IN $ MILLION)

    FIGURE 8: INDONESIA SMART COATINGS MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020

    FIGURE 9: INDONESIA SMART COATINGS MARKET, BY ANTI-MICROBIAL, 2021-2026 (IN $ MILLION)

    FIGURE 10: INDONESIA SMART COATINGS MARKET, BY ANTI-CORROSION, 2021-2026 (IN $ MILLION)

    FIGURE 11: INDONESIA SMART COATINGS MARKET, BY ANTI-FOULING, 2021-2026 (IN $ MILLION)

    FIGURE 12: INDONESIA SMART COATINGS MARKET, BY ANTI-ICING, 2021-2026 (IN $ MILLION)

    FIGURE 13: INDONESIA SMART COATINGS MARKET, BY SELF-CLEANING, 2021-2026 (IN $ MILLION)

    FIGURE 14: INDONESIA SMART COATINGS MARKET, BY SELF-HEALING, 2021-2026 (IN $ MILLION)

    FIGURE 15: INDONESIA SMART COATINGS MARKET, BY OTHER TYPES, 2021-2026 (IN $ MILLION)

    FIGURE 16: INDONESIA SMART COATINGS MARKET, GROWTH POTENTIAL, BY END-USER, IN 2020

    FIGURE 17: INDONESIA SMART COATINGS MARKET, BY BUILDING & CONSTRUCTION, 2021-2026 (IN $ MILLION)

    FIGURE 18: INDONESIA SMART COATINGS MARKET, BY AUTOMOTIVE, 2021-2026 (IN $ MILLION)

    FIGURE 19: INDONESIA SMART COATINGS MARKET, BY MARINE, 2021-2026 (IN $ MILLION)

    FIGURE 20: INDONESIA SMART COATINGS MARKET, BY AEROSPACE & DEFENCE, 2021-2026 (IN $ MILLION)

    FIGURE 21: INDONESIA SMART COATINGS MARKET, BY OTHER END-USERS, 2021-2026 (IN $ MILLION)

    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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