Market by Type of Layer, Application, Coating Type, and Country | Forecast 2021-2028
Triton Market
Research’s report on the smart coatings market in Latin America predicts this
industry to grow with a CAGR of 24.39% during the forecast years between 2021
and 2028.
Report scope can be customized per your requirements. Request For Customization
The countries
considered for analysis in this market include:
•
Brazil
•
Mexico
•
Rest of Latin America
The construction
industry in the region recovered in key country markets in 2021; growth was
observed in housing, hotels, and other architectural market segments. As per
industry sources, there are 624 million people in Latin America. The rate of
urbanization here is very high, with more than 80% of its population living in
cities, states the United Nations. This has boosted the demand for smart
coatings in the region.
A region-wide paints
and coatings association was formed in Latin America – called the Latin
American Federation of Paint Manufacturers – to smoothen the paint industry
policies and enable effective data collection and stimulation measures.
Further, the automotive segment in the region is growing more evenly, with
massive investments flowing into both Brazil and Mexico. Smart coatings are
widely used in this segment, and the growth in this sector is expected to
influence the demand for smart coatings as well.
Mexico is the
second-largest economy in Latin America. In 2020, with the onslaught of the
Coronavirus pandemic, non-essential activities in the country were shut down.
This majorly affected the manufacturing sector, along with various other
industries, including construction. However, the market is now recovering, and Mexico
is expected to become one of the most competitive markets globally. The growth
in several industries will bolster the demand for smart coatings as well,
which, in turn, will lead to market growth.
AkzoNobel NV is a
paints and coatings manufacturing company. The company offers protective coatings,
specialty coatings, automotive coatings, marine coatings, and industrial
coatings for use in used in cars, aircraft, ships, yachts, oil & gas
facilities, consumer goods, and architectural components. It also provides
paints, adhesives, varnishes, lacquers, mixing machines, and color concepts for
the renovation & building industry. The company markets its products under the
Bruguer, Dulus, Flexa, Coral, Sadolin, Inca, Alba, and Marshall brand names.
AkzoNobel has a business presence in Latin America, among other regions. It was
founded in 1994, and has a strong workforce of more than 32,000 employees.
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VIEW REPORT1. LATIN
AMERICA 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. LATIN
AMERICA SMART COATINGS MARKET OUTLOOK – BY TYPE OF LAYER
3.1. SINGLE-LAYER
3.2. MULTI-LAYER
4. LATIN
AMERICA 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. LATIN
AMERICA 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. LATIN
AMERICA SMART COATINGS MARKET– REGIONAL OUTLOOK
6.1. BRAZIL
6.2. MEXICO
6.3. REST
OF LATIN AMERICA
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: LATIN AMERICA
SMART COATINGS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
TABLE 2: VENDOR
SCORECARD
TABLE 3: LATIN AMERICA
SMART COATINGS MARKET, BY TYPE OF LAYER, 2021-2028 (IN $ MILLION)
TABLE 4: LATIN AMERICA
SMART COATINGS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)
TABLE 5: LATIN AMERICA
SMART COATINGS MARKET, BY COATING TYPE, 2021-2028 (IN $ MILLION)
TABLE 6: LATIN AMERICA
SMART COATINGS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
FIGURE 1: MARKET
ATTRACTIVENESS INDEX
FIGURE 2: KEY IMPACT
ANALYSIS
FIGURE 3: LATIN AMERICA
SMART COATINGS MARKET, BY TYPE OF LAYER, 2020 & 2028 (IN %)
FIGURE 4: LATIN AMERICA
SMART COATINGS MARKET, BY SINGLE-LAYER, 2021-2028 (IN $ MILLION)
FIGURE 5: LATIN AMERICA
SMART COATINGS MARKET, BY MULTI-LAYER, 2021-2028 (IN $ MILLION)
FIGURE 6: LATIN AMERICA
SMART COATINGS MARKET, BY APPLICATION, 2020 & 2028 (IN %)
FIGURE 7: LATIN AMERICA
SMART COATINGS MARKET, BY BUILDING & CONSTRUCTION, 2021-2028 (IN $ MILLION)
FIGURE 8: LATIN AMERICA
SMART COATINGS MARKET, BY AUTOMOTIVE, 2021-2028 (IN $ MILLION)
FIGURE 9: LATIN AMERICA
SMART COATINGS MARKET, BY MARINE, 2021-2028 (IN $ MILLION)
FIGURE 10: LATIN
AMERICA SMART COATINGS MARKET, BY AEROSPACE & DEFENCE, 2021-2028 (IN $
MILLION)
FIGURE 11: LATIN
AMERICA SMART COATINGS MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)
FIGURE 12: LATIN
AMERICA SMART COATINGS MARKET, BY COATING TYPE, 2020 & 2028 (IN %)
FIGURE 13: LATIN
AMERICA SMART COATINGS MARKET, BY ANTI-MICROBIAL, 2021-2028 (IN $ MILLION)
FIGURE 14: LATIN
AMERICA SMART COATINGS MARKET, BY ANTI-CORROSION, 2021-2028 (IN $ MILLION)
FIGURE 15: LATIN
AMERICA SMART COATINGS MARKET, BY ANTI-FOULING, 2021-2028 (IN $ MILLION)
FIGURE 16: LATIN
AMERICA SMART COATINGS MARKET, BY ANTI-ICING, 2021-2028 (IN $ MILLION)
FIGURE 17: LATIN
AMERICA SMART COATINGS MARKET, BY SELF-CLEANING, 2021-2028 (IN $ MILLION)
FIGURE 18: LATIN
AMERICA SMART COATINGS MARKET, BY SELF-HEALING, 2021-2028 (IN $ MILLION)
FIGURE 19: LATIN
AMERICA SMART COATINGS MARKET, BY OTHER COATING TYPES, 2021-2028 (IN $ MILLION)
FIGURE 20: LATIN
AMERICA SMART COATINGS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 21: BRAZIL SMART
COATINGS MARKET 2021-2028 (IN $ MILLION)
FIGURE 22: MEXICO SMART
COATINGS MARKET 2021-2028 (IN $ MILLION)
FIGURE 23: REST OF
LATIN AMERICA SMART COATINGS MARKET 2021-2028 (IN $ MILLION)