North America Smart Coatings Market 2021-2028

MARKET OUTLOOK

As per this report, the North America smart coatings market is anticipated to develop with a CAGR of 23.61% in terms of revenue, during the forecast years from 2021 to 2028. The United States and Canada together form the market in this region.

The consumption of smart coatings in Canada has been relatively low. However, upcoming projects or trends in several end-user industries in the country are expected to increase the consumption of smart coatings.

For instance, the Canadian aerospace industry is now at a turning point. Exponential growth is expected for the global industry over the next two decades, and this would significantly enhance the consumption of smart coatings in aerospace. Moreover, with the rise in airplane passengers in the country, huge investments are pouring in for aviation sector development. This development will foster the demand for smart coatings, and, in turn, drive the market growth.

There is a high demand for smart coatings in North America. The high demand is majorly from the automotive and aerospace sectors in the region, especially the United States. Further, with the rapid growth in the construction industry, an increase in the demand for smart coatings can be seen. This rising demand is fueling the studied market growth in the region. Besides, the presence of major players in smart coatings applications in North America is another factor expected to boost the growth of the market in this region over the coming years.

COMPETITIVE OUTLOOK

The dominant players in the smart coatings market are The Sherwin Williams Company, AkzoNobel NV, Axalta Coating System, Eastman Chemical Company, Nippon Steel Corporation, PPG Industries Inc, Tesla NanoCoatings Inc, and EI Du Pont De Nemours & Company.

1. North 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. North America Smart Coatings Market Outlook - by Type of Layer
3.1. Single-Layer
3.2. Multi-Layer

4. North 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. North 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. North America Smart Coatings Market - Regional Outlook
6.1. United States
6.2. Canada

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 MethodologyTable List
Table 1: North America Smart Coatings Market, by Country, 2021-2028 (In $ Million)
Table 2: Vendor Scorecard
Table 3: North America Smart Coatings Market, by Type of Layer, 2021-2028 (In $ Million)
Table 4: North America Smart Coatings Market, by Application, 2021-2028 (In $ Million)
Table 5: North America Smart Coatings Market, by Coating Type, 2021-2028 (In $ Million)
Table 6: North America Smart Coatings Market, by Country, 2021-2028 (In $ Million) Figure List
Figure 1: Market Attractiveness Index
Figure 2: Key Impact Analysis
Figure 3: North America Smart Coatings Market, by Type of Layer, 2020 & 2028 (In %)
Figure 4: North America Smart Coatings Market, by Single-Layer, 2021-2028 (In $ Million)
Figure 5: North America Smart Coatings Market, by Multi-Layer, 2021-2028 (In $ Million)
Figure 6: North America Smart Coatings Market, by Application, 2020 & 2028 (In %)
Figure 7: North America Smart Coatings Market, by Building & Construction, 2021-2028 (In $ Million)
Figure 8: North America Smart Coatings Market, by Automotive, 2021-2028 (In $ Million)
Figure 9: North America Smart Coatings Market, by Marine, 2021-2028 (In $ Million)
Figure 10: North America Smart Coatings Market, by Aerospace & Defence, 2021-2028 (In $ Million)
Figure 11: North America Smart Coatings Market, by Other Applications, 2021-2028 (In $ Million)
Figure 12: North America Smart Coatings Market, by Coating Type, 2020 & 2028 (In %)
Figure 13: North America Smart Coatings Market, by Anti-Microbial, 2021-2028 (In $ Million)
Figure 14: North America Smart Coatings Market, by Anti-Corrosion, 2021-2028 (In $ Million)
Figure 15: North America Smart Coatings Market, by Anti-Fouling, 2021-2028 (In $ Million)
Figure 16: North America Smart Coatings Market, by Anti-Icing, 2021-2028 (In $ Million)
Figure 17: North America Smart Coatings Market, by Self-Cleaning, 2021-2028 (In $ Million)
Figure 18: North America Smart Coatings Market, by Self-Healing, 2021-2028 (In $ Million)
Figure 19: North America Smart Coatings Market, by Other Coating Types, 2021-2028 (In $ Million)
Figure 20: North America Smart Coatings Market, Regional Outlook, 2020 & 2028 (In %)
Figure 21: United States Smart Coatings Market 2021-2028 (In $ Million)
Figure 22: Canada Smart Coatings Market 2021-2028 (In $ Million)