Market by Type of Layer, Application, Coating Type, and Country | Forecast 2021-2028
As per Triton Market
Research, the Asia-Pacific smart coatings market is expected to progress with a
CAGR of 24.64% over the forecasting years from 2021-2028.
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The countries studied
in this market include:
• China
• Japan
• India
• South Korea
• ASEAN countries
• Australia & New Zealand
• Rest of Asia-Pacific
Marine coating systems
are applied to ships in the sea so as to protect the structure from
deteriorating and maintain its appearance. Japan is one of the leading ship
producers in the world. This has enhanced the demand for marine coatings in the
country. This is fueling the growth of the Japanese smart coatings market.
Further, the
announcement of the merger of the country’s shipbuilding majors, Japan Marine
United and Imabari Shipbuilding, is expected to create more opportunities for the
players in the Japanese marine coatings industry in the near future. This
merger, when completed, is projected to constitute nearly 10% of the global
shipbuilding business. Such developments are fostering the growth of the smart
coatings market in Japan.
Thailand is the
second-largest economy in the Asia-Pacific, and has one of the most prominent paints
& coatings markets in the region. This growth is attributable to several
factors, such as the rapid urbanization & the decreasing household sizes,
growing demand for new housing & repainting, and governmental initiatives towards
infrastructure development.
Further, the growth in the
tourism sector, increase in people’s purchasing power, rise in retail spending,
and the emergence of the country as a hub for automotive production in the
Asia-Pacific region are also some of the factors that have led to the steady growth of the
nation’s paint and coatings industry in recent years. These developments
indicate an overall positive outlook for the smart coatings market in Thailand,
and the ASEAN.
Nippon Steel
Corporation, formerly known as Nippon Steel & Sumitomo Metal Corporation,
is a steel manufacturing company. It operates through four reportable segments,
namely, Engineering and Construction, Steelmaking and Steel Fabrication,
Chemicals and New Materials, and System Solutions. The company’s product
XSTEELIA™ offers superior corrosion resistance.
Nippon Steel serves
the automobile, railways, civil engineering, resources & energy, and
construction markets. It has adequate manufacturing capabilities that has enabled
it to meet the growing demand for its products through increasing productivity.
Founded in 1950, Nippon Steel is headquartered in Chiyoda City, Japan.
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VIEW REPORT1. ASIA-PACIFIC
SMART COATINGS MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE SMART COATINGS INDUSTRY
2.2. KEY
INSIGHTS
2.2.1. ASIA-PACIFIC
IS ANTICIPATED TO BE THE FASTEST-GROWING REGIONAL MARKET
2.2.2. DEMAND
FROM VARIOUS INDUSTRIES
2.2.3. ADVANCEMENTS
IN SELF-HEALING SMART COATINGS
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. KEY
IMPACT ANALYSIS
2.6.1. RAW
MATERIALS
2.6.2. PRICE
2.6.3. QUALITY
2.7. KEY
MARKET STRATEGIES
2.7.1. ACQUISITIONS
2.7.2. PRODUCT
LAUNCHES
2.7.3. CONTRACTS
& PARTNERSHIPS
2.7.4. BUSINESS
EXPANSIONS & DIVESTITURES
2.8. MARKET
DRIVERS
2.8.1. ADVANTAGES
OF SMART COATINGS IN COMPARISON TO TRADITIONAL COATINGS
2.8.2. RISE
IN DEMAND FROM THE CONSTRUCTION SECTOR
2.9. MARKET
CHALLENGES
2.9.1. STRINGENT
REGULATIONS FOR ENVIRONMENTAL PROTECTION
2.9.2. HIGHER
COST OF SMART COATINGS
2.10. MARKET
OPPORTUNITIES
2.10.1. A
SHIFT TOWARDS SMART COATINGS FROM THEIR ALTERNATIVE
2.10.2. GROWING
MERGERS AND ACQUISITIONS IN THE SMART COATINGS MARKET
3. ASIA-PACIFIC
SMART COATINGS MARKET OUTLOOK – BY TYPE OF LAYER
3.1. SINGLE-LAYER
3.2. MULTI-LAYER
4. ASIA-PACIFIC
SMART COATINGS MARKET OUTLOOK – BY APPLICATION
4.1. BUILDING
& CONSTRUCTION
4.2. AUTOMOTIVE
4.3. MARINE
4.4. AEROSPACE
& DEFENCE
4.5. OTHER
APPLICATIONS
5. ASIA-PACIFIC
SMART COATINGS MARKET OUTLOOK – BY COATING TYPE
5.1. ANTI-MICROBIAL
5.2. ANTI-CORROSION
5.3. ANTI-FOULING
5.4. ANTI-ICING
5.5. SELF-CLEANING
5.6. SELF-HEALING
5.7. OTHER
COATING TYPES
6. ASIA-PACIFIC
SMART COATINGS MARKET – REGIONAL OUTLOOK
6.1. CHINA
6.2. JAPAN
6.3. INDIA
6.4. SOUTH
KOREA
6.5. ASEAN
COUNTRIES
6.6. AUSTRALIA
& NEW ZEALAND
6.7. REST
OF ASIA-PACIFIC
7. COMPETITIVE
LANDSCAPE
7.1. 3M
COMPANY
7.2. AKZONOBEL
NV
7.3. ANCATT
INC
7.4. AXALTA
COATING SYSTEM
7.5. BASF
SE
7.6. EASTMAN
CHEMICAL COMPANY
7.7. EI
DU PONT DE NEMOURS & COMPANY
7.8. HEMPEL
AS
7.9. JOTUN
AS
7.10. NEI
CORPORATION
7.11. NIPPON
STEEL CORPORATION
7.12. PPG
INDUSTRIES INC
7.13. ROYAL
DSM NV
7.14. TESLA
NANOCOATINGS INC
7.15. DOW
CHEMICAL COMPANY
7.16. THE
SHERWIN WILLIAMS COMPANY
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: ASIA-PACIFIC
SMART COATINGS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 2: VENDOR
SCORECARD
TABLE 3: ASIA-PACIFIC
SMART COATINGS MARKET, BY TYPE OF LAYER, 2021-2028 (IN $ MILLION)
TABLE 4: ASIA-PACIFIC
SMART COATINGS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 5: ASIA-PACIFIC
SMART COATINGS MARKET, BY COATING TYPE, 2021-2028 (IN $ MILLION)
TABLE 6: ASIA-PACIFIC
SMART COATINGS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
FIGURE 1: MARKET
ATTRACTIVENESS INDEX
FIGURE 2: KEY IMPACT
ANALYSIS
FIGURE 3: ASIA-PACIFIC
SMART COATINGS MARKET, BY TYPE OF LAYER, 2020 & 2028 (IN %)
FIGURE 4: ASIA-PACIFIC
SMART COATINGS MARKET, BY SINGLE-LAYER, 2021-2028 (IN $ MILLION)
FIGURE 5: ASIA-PACIFIC
SMART COATINGS MARKET, BY MULTI-LAYER, 2021-2028 (IN $ MILLION)
FIGURE 6: ASIA-PACIFIC
SMART COATINGS MARKET, BY APPLICATION, 2020 & 2028 (IN %)
FIGURE 7: ASIA-PACIFIC
SMART COATINGS MARKET, BY BUILDING & CONSTRUCTION, 2021-2028 (IN $ MILLION)
FIGURE 8: ASIA-PACIFIC
SMART COATINGS MARKET, BY AUTOMOTIVE, 2021-2028 (IN $ MILLION)
FIGURE 9: ASIA-PACIFIC
SMART COATINGS MARKET, BY MARINE, 2021-2028 (IN $ MILLION)
FIGURE 10: ASIA-PACIFIC
SMART COATINGS MARKET, BY AEROSPACE & DEFENCE, 2021-2028 (IN $ MILLION)
FIGURE 11: ASIA-PACIFIC
SMART COATINGS MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)
FIGURE 12: ASIA-PACIFIC
SMART COATINGS MARKET, BY COATING TYPE, 2020 & 2028 (IN %)
FIGURE 13: ASIA-PACIFIC
SMART COATINGS MARKET, BY ANTI-MICROBIAL, 2021-2028 (IN $ MILLION)
FIGURE 14: ASIA-PACIFIC
SMART COATINGS MARKET, BY ANTI-CORROSION, 2021-2028 (IN $ MILLION)
FIGURE 15: ASIA-PACIFIC
SMART COATINGS MARKET, BY ANTI-FOULING, 2021-2028 (IN $ MILLION)
FIGURE 16: ASIA-PACIFIC
SMART COATINGS MARKET, BY ANTI-ICING, 2021-2028 (IN $ MILLION)
FIGURE 17: ASIA-PACIFIC
SMART COATINGS MARKET, BY SELF-CLEANING, 2021-2028 (IN $ MILLION)
FIGURE 18: ASIA-PACIFIC
SMART COATINGS MARKET, BY SELF-HEALING, 2021-2028 (IN $ MILLION)
FIGURE 19: ASIA-PACIFIC
SMART COATINGS MARKET, BY OTHER COATING TYPES, 2021-2028 (IN $ MILLION)
FIGURE 20: ASIA-PACIFIC
SMART COATINGS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 21: CHINA SMART
COATINGS MARKET 2021-2028 (IN $ MILLION)
FIGURE 22: JAPAN SMART
COATINGS MARKET 2021-2028 (IN $ MILLION)
FIGURE 23: INDIA SMART
COATINGS MARKET 2021-2028 (IN $ MILLION)
FIGURE 24: SOUTH KOREA
SMART COATINGS MARKET 2021-2028 (IN $ MILLION)
FIGURE 25: ASEAN
COUNTRIES SMART COATINGS MARKET 2021-2028 (IN $ MILLION)
FIGURE 26: AUSTRALIA
& NEW ZEALAND SMART COATINGS MARKET 2021-2028 (IN $ MILLION)
FIGURE 27: REST OF
ASIA-PACIFIC SMART COATINGS MARKET 2021-2028 (IN $ MILLION)