Market Forecast to 2026: Smart Coatings Market

Feb. 21, 2022 - PRLog -- According to AKI Research's recently published blog: "The Global Smart Coatings Market (https://www.akiresearch.com/reports/smart-coatings-market) is estimated to value USD 2,895.62 million in 2021. The market had a very minimal decline rate of 0.24% in 2020 from 2019 where the overall smart coatings market was not much affected. Moreover, the global smart coatings market is poised to grow at a CAGR of 20.75% over the forecast period 2021-2026." - AKI Research

By function, the smart coatings market is segmented as anti-corrosion, anti-icing, anti-microbial, anti-fouling, self-cleaning, self-healing, and others (superhydrophobic, anti-fog, self-dimming, etc.) The anti-microbial smart coatings market accounted for the largest market share (i.e. 26.40%) in 2021, however, the anti-corrosion smart coatings market is forecast to be the largest market by function with a share of 25.99% by 2026. The self-healing smart coatings market is forecast to have the highest CAGR of 32.46% over the forecast period.

By region, in 2021, North America accounted for the largest market share in the global smart coatings market (i.e. over 34.69%) followed by Asia-Pacific and Europe. Over the forecast period, the Asia-Pacific region will have the highest CAGR of 23.96% followed by Europe and North America. It is forecast that North America will remain to be the largest market in smart coatings over the forecast period, and the region will have an incremental market size growth of about USD 1,460.35 million.

Check more details on this market: https://www.akiresearch.com/post/smart-coatings-market-2026

Key players in the smart coatings market study include AkzoNobel NV, Axalta Coating Systems, LLC, PPG Industries Inc., The Sherwin-Williams Company, Hempel A/S, Jotun, RPM International, NEI Corporation, AnCatt, BASF SE, DuPont, Helicity Technologies, Inc., etc. among others.

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