Though multi-functional coating
is a nascent market, it has high growth and revenue potential in near future. This type of coating is gaining high popularity in the commercial market with high penetration in variety of applications. Multi-functional coating market has opened several new opportunities for market players with large percent of addressable market, attributed to the huge investments in R&D programs and production of viable materials. Multi-functional coating is estimated to completely transform today’s conventional coating. This coating has application in several wealthy industries including automotive, aerospace, defense, construction, architecture, healthcare, and industrial. The high rate of penetration of multi-functional coating in all these industries is the major attribute for the growth of this market.
Automotive industry is highly acceptable and adaptable to new and innovative technologies. Multi-functional coating also has high rate of penetration in this industry with multiple functions- self-cleaning, corrosion protection, self-healing, and decorative. Construction industry with the biggest potential for multi-functional coating is estimated to capture lion’s share by next decade. In aerospace industry, multi-functional coating is being widely used for anti-icing and anti- corrosive functions. It is highly acceptable in this industry due to several advantages such as light weight, heat resistant, and multi-functionality. In-depth analysis of all applications and functions is being incorporated in this research report.
Being an emerging technology, the investment opportunities, competitive analysis, and product patent analysis has been given major importance in the report. This report offers analysis of competitiveness for the existing market players and the new entrants, with high emphasis on market strategies such as new product launches, mergers & acquisitions, partnerships, joint ventures, and collaborations. Overall, the report offers a current market scenario, key revenue pockets, and growth potential applications, along with the future perspectives.Following points provide a substantial description of the report content and the topics covered in the report:
The key market players are analyzed and profiled in detail in the report. This section covers the business financials, company snapshots, key products & services, major developments, and future programs (if any).
- This report identifies the global multi-functional coating market in different segments such as type of technology used in coating, various application, functions, and with respect to several geographies
- The market size and forecast analysis of the above mentioned sections is included in the report
- The study includes the market analysis and forecast of global multi-functional coating market from 2016 to 2022 in terms of value. The report also highlights the year-on-year growth of the market
- The study talks about the prime supply and demand side factors affecting the growth of the market along with the current and future trends in multi-functional coating market
- The study also presents a detailed assessment of multi-functional coating market along the lines of market drivers, restraints, growth opportunities, and challenges
- The report also highlights the value chain analysis, pricing analysis, opportunity analysis of the multi-functional coating, along with an analysis of suppliers & distributors and product lifecycle
- A detailed competitive analysis has been included in this report which focuses on the key market developments & strategies pursued by the key players in the market. This section covers an extensive research and development (R&D) analysis of the leading players
- Multi-functional coating market is analyzed with respect to different types of technologies used- Nano composite, Bi-layer, micro-encapsulation, and others. Application market is also analyzed that includes automotive, construction, healthcare, aerospace & defense, consumer electronics, food packaging, and others
- Various functions of multi-functional coating such as self-cleaning, self healing, anti-corrosion, bio-medical, self-dimming, anti-icing, and others have also been analyzed and incorporated in the report
- Multi-functional coating market has been analyzed for all geographies including North America, Europe, Asia-Pacific, and Rest of the World with further analysis with respect to certain major countries
- AK Coating
- Bayer AG
- Dow Corning