EUROPE SMART COATINGS MARKET 2021-2028

Chemicals & Materials | Specialty Chemicals

EUROPE SMART COATINGS MARKET 2021-2028

Market by Type of Layer, Application, Coating Type, and Country | Forecast 2021-2028

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The smart coatings market in Europe is expected to progress with 23.58% of CAGR over the forecast years 2021-2028.


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The countries studied in this market are:

•       The United Kingdom

•       Germany

•       France

•       Spain

•       Russia

•       Italy

•       Rest of Europe

The ANCE, Italy’s association for construction contractors, has forecasted an increase in the investments for the construction sector in the country. After years of recession and dampened economic growth, this sector has now started recovering. In 2019, investments worth $5.39 billion were made for construction. Furthermore, in 2020 and 2021, this investment is estimated to have increased by nearly 1.7%. This is propelling the demand for concrete coatings in the Italian market. Therefore, the growth of the smart coatings market in the country is likely to be driven majorly by the growing residential construction and renovation.

The government is also working towards improving the country’s commercial infrastructure and other civil engineering activities. The changes in government policies for FDI and tax deductions are estimated to drive Italy’s construction industry, which, in turn, is expected to drive its smart coatings market in the forthcoming period.

France is one of the biggest production and export hubs for aircraft systems and components in the world. The nation is a major manufacturing base for manufacturers like Embraer, Airbus, Daher-Socata, and Safran. And, it has been witnessing a rise in aircraft manufacturing and assembly operations in recent years.

However, the nation is also largely dependent on other countries, such as the US, China, India, and Germany, for the export of locally produced helicopters, airplanes, and aeronautical parts. Passenger air travel has been increasing considerably worldwide. This has led to an increase in the demand for new aircraft manufacturing. All these factors are expected to benefit the growth of the French smart coatings market.

Headquartered In Denmark, Hempel AS is a company that supplies coatings. Its paints and coatings business operates under five segments: Decorative, Protective, Marine, Yacht, and Container. Hempaguard MaX is a highly efficient hull coating solution that has exceptional anti-fouling properties and full operational flexibility. Hempel AS is headquartered in Kongens Lyngby, Denmark. Founded in 1915, the company has nearly 3,000 employees.

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Table of Content

1. EUROPE 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. DEMAND FROM VARIOUS INDUSTRIES

2.2.2. 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. EUROPE SMART COATINGS MARKET OUTLOOK – BY TYPE OF LAYER

3.1. SINGLE-LAYER

3.2. MULTI-LAYER

4. EUROPE 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. EUROPE 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. EUROPE SMART COATINGS MARKET – REGIONAL OUTLOOK

6.1. UNITED KINGDOM

6.2. GERMANY

6.3. FRANCE

6.4. SPAIN

6.5. ITALY

6.6. RUSSIA

6.7. REST OF EUROPE

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

List of Tables

TABLE 1: EUROPE SMART COATINGS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)           

TABLE 2: VENDOR SCORECARD        

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

TABLE 4: EUROPE SMART COATINGS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)           

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

TABLE 6: EUROPE SMART COATINGS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)            

List of Figures

FIGURE 1: MARKET ATTRACTIVENESS INDEX       

FIGURE 2: KEY IMPACT ANALYSIS     

FIGURE 3: EUROPE SMART COATINGS MARKET, BY TYPE OF LAYER, 2020 & 2028 (IN %)           

FIGURE 4: EUROPE SMART COATINGS MARKET, BY SINGLE-LAYER, 2021-2028 (IN $ MILLION)      

FIGURE 5: EUROPE SMART COATINGS MARKET, BY MULTI-LAYER, 2021-2028 (IN $ MILLION)      

FIGURE 6: EUROPE SMART COATINGS MARKET, BY APPLICATION, 2020 & 2028 (IN %)  

FIGURE 7: EUROPE SMART COATINGS MARKET, BY BUILDING & CONSTRUCTION, 2021-2028 (IN $ MILLION)          

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

FIGURE 9: EUROPE SMART COATINGS MARKET, BY MARINE, 2021-2028 (IN $ MILLION) 

FIGURE 10: EUROPE SMART COATINGS MARKET, BY AEROSPACE & DEFENCE, 2021-2028 (IN $ MILLION)        

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

FIGURE 12: EUROPE SMART COATINGS MARKET, BY COATING TYPE, 2020 & 2028 (IN %)           

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

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

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

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

FIGURE 17: EUROPE SMART COATINGS MARKET, BY SELF-CLEANING, 2021-2028 (IN $ MILLION)      

FIGURE 18: EUROPE SMART COATINGS MARKET, BY SELF-HEALING, 2021-2028 (IN $ MILLION)      

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

FIGURE 20: EUROPE SMART COATINGS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)           

FIGURE 21: UNITED KINGDOM SMART COATINGS MARKET 2021-2028 (IN $ MILLION)      

FIGURE 22: GERMANY SMART COATINGS MARKET 2021-2028 (IN $ MILLION)         

FIGURE 23: FRANCE SMART COATINGS MARKET 2021-2028 (IN $ MILLION) 

FIGURE 24: SPAIN SMART COATINGS MARKET 2021-2028 (IN $ MILLION)     

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

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

FIGURE 27: REST OF EUROPE SMART COATINGS MARKET 2021-2028 (IN $ MILLION)       

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