Construction Smart Coating Market Size, Demand Outlook, Trend Analysis by Type (Anti-corrosive, Self-cleaning, Smart Roof Coating, Self-healing, Solar Paint, Smart anti-microbials, Electrochromic, SPD, Others), By Type (Organic, Inorganic, Hybrid) by Industry (Commercial, Residential, Industrial), By Surface area, Shipments and Industry Estimates 2022-2027
- Published: Oct, 2022
- Report ID: QAR-FM02038
- Format: Electronic (PDF)
- Historical Data : 2017 - 2019
The global Construction Smart Coating market is projected to grow at a CAGR of xx% over the next six years. Today's products are made and available with "smart coatings" that serve multiple purposes. The construction industry, in particular, has progressed to the point where "smart and sustainable" buildings can be constructed to suit the growing need for products and technology to create "smart cities." Moreover, if the structures are "green and ecofriendly, in accordance with today's economic model, or the so-called "circular economy," these products may provide numerous advantages for future commercial and industrial exploration.
Smart coating detects and respond to a variety of external stimuli, including weather, ultraviolet light pressure, and heat, offering new and active capabilities such as corrosion resistance, antibacterial action, self-purification and self-healing. While, most traditional architectural coatings are meant to be inert, highly stable, and resistant, smart coatings are increasingly viable and affordable for commercial construction application. R&D initiatives are driving a wave of innovation in external finishes and manufactured products that are smarter than ever before.
Nanotech coatings for concrete, glass, and steel are among the most prevalent research topics. Chemical vapour deposition (CVD), spray, and plasma coatings, for example, adhere to the substrate by producing a layer on the surface to impart functional qualities to the surface. One of the most important properties is to enable self-repair through the use of self-building coatings, i.e., very thin deposits applied to the surface of a material to enhance its look or surface qualities. Coatings are well known to improve the material's strength or to offer protective or wear-resistant characteristics. To discover sustainable nanomaterials and avoid dangerous building materials for construction, a regulatory structure is required.
Many giant coating businesses have lately made significant acquisitions, resulting in a number of large corporate integrations across the paints and coating industry. Businesses striving to outperform the market pursuing better coaction in production, organizational structure, and purchasing areas. In terms of coatings aesthetics, economics, and service situations, meeting local needs necessitates regional research, manufacture, and marketing. Businesses are embracing a "technology platform" strategy to better sell specialized solutions that are tailored to local conditions.
Developments
Roofs with low solar absorption and high thermal emissivity are required in hot regions to keep the home cool, while roofs with high solar absorption and low thermal emissivity are required in cold climates to keep the house warm. However, in most regions, the weather is hot in the summer or daytime and cold in the winter or evening, necessitating the need for a roof that can convert between these two modes automatically (i.e., without a user's activation or energy input). Development of such coating at larger scales and at a lower cost need further investigation, trials and correction with different material and processing techniques.
Challenges
Regulatory Concern:
Increased legislation, industry commitment to lowering environmental hazards, risks, and product reduced carbon footprint are pushing the development of innovative paints and smart coatings. Many consumer-related product development and technological advances focus on providing added value to the client, such as: Longer coating life, simplicity of application, and the lack of unpleasant qualities such as odor or lengthy drying / curing procedures. Environmental rules have a significant impact on how coatings are created. Manufacturers must adhere to current environmental requirements while keeping an eye on future regulations when developing coatings.
Technical challenges:
Scaling up the available set of products, larger lifespan, optimizing coating performance, and customizing for different application scenario are some of challenges that needs to be addressed before these products come into mainstream across the construction sector
Regional Overview
- The European Union boasts some of the most sustainable and energy-efficient buildings in the world saving lot of energy compared to other parts of the world typically, 32% and 57% lower in residential and commercial real estate than in the US). Because of the durable buildings and monuments, EU builders are accustomed to innovating while preserving cultural heritage. The construction industry in the EU is undergoing important transformations driven by the introduction of new technologies, increased attention to environmental sustainability and energy efficiency. On the European scene, a new business focusing on smart construction is gaining traction. This industry is giving the paints and coatings industry new prospects. Because of high consumer awareness and rigorous government regulations, Europe is projected to lead the way in the usage of green goods in paints and coatings.
- In the US, the housing market is showing signs of strong growth and the renovation market is improving. Real estate construction is erratic during COVID 2020. As the focus in home bookings and work-from-home shifts to the comforts of home, there has been a surge in self-repair, refurbishment and maintenance, leading to a surge in smart coatings. Manufacturers are finding ways to develop smart materials and formulations to address challenges and explore opportunities within green and energy efficient homes.
One of the most important projects is IHMEC (Indoor Hygiene for Middle East Construction). It is coordinated by the Faculty of Economics at the University of Turku and funded by the EU's Interrec Central Baltic Program. The project aims to bring together relevant groups from Finland, Sweden and Estonia in descriptive groups and to offer new solutions tailored to the construction market in Saudi Arabia. Saudi Arabia is banking on a comprehensive reform of its healthcare system. This requires better understanding of infectious disease prevention techniques and management. By 2030, we hope to see an increase of 30 million annual pilgrims around the world. The IHMEC project helps achieve the same
The report provides detailed market outlook, and forecast of the “Global Construction Smart Coating market” based on Function, Type, Industry, Surface area, Shipment and by region.
Report Scope
| Research Attribute | Coverage |
|---|---|
| Years Considered | 2020-2027 |
| Historical Years | 2020 |
| Base Year | 2021 |
| Forecast Period | 2022-2027 |
| Units Considered | USD Million/ Million m2 |
| Segmentation By Function |
|
| Segmentation by Industry |
|
| Segmentation by Type |
|
| Region Covered |
|
| Key Company Profiles | 3M, AnCatt, Bayer AG, Akzo Nobel, PPG Industries, Croda International, Luminary Chemical, 3E Nano, CHOOSE NanoTech, C-Bond Systems, Segula Nano technologies, The Dow Chemical Company, Research Frontier Inc., DuPont are among others. |
CHAPTER 1. Market Scope and Methodology
1.1. Research methodology
1.2. Objectives of the report
1.3. Research scope & assumptions
1.4. List of data sources
CHAPTER 2. Executive Summary
2.1. Construction Smart Coating market – Construction industry insights
CHAPTER 3. Market Outlook
3.1. Market definition
3.2. Market segmentation
3.3. Value chain analysis
3.3.1. Raw material trends
3.3.2. Manufacturing trends
3.4. Technological overview
3.5. Construction Smart Coating Market: developed v/s developing countries
3.6. Market opportunities & trends
3.7. Market dynamics
3.7.1. Market driver analysis
3.7.1.1. Impact analysis
3.7.2. Market restraint analysis
3.7.2.1. Impact analysis
3.8. Industry analysis – Porter’s
3.8.1. Bargaining power of suppliers
3.8.2. Bargaining power of buyers
3.8.3. Threat of new entrants
3.8.4. Threat of substitutes
3.8.5. Competitive rivalry
3.9. PESTEL analysis
CHAPTER 4. Competitive Outlook
4.1. Competitive framework
4.2. Company market share analysis
4.3. Strategic layout
CHAPTER 5. Global Construction Smart Coating Market Size and Forecast (2017 - 2027)
5.1. Global Construction Smart Coating Market, By Function (USD Million/Million m2)
5.1.1. Anti-corrosive
5.1.2. Self-cleaning
5.1.3. Self-healing
5.1.4. Cool Roof Coating
5.1.5. Solar Paint
5.1.6. Anti-microbial
5.1.7. Self-Dimming (Smart Windows) Electrochromic coating
5.1.8. Self-Dimming (Smart Windows) SPD
5.1.9. Others
5.2. Global Construction Smart Coating Market, By Type (USD Million/Million m2)
5.2.1. Organic
5.2.2. Inorganic
5.2.3. Hybrid
5.3. Global Construction Smart Coating Market, By Industry (USD Million/Million m2)
5.3.1. Residential
5.3.2. Commercial
5.3.3. Industrial
5.3.4. Others
5.4. Global Construction Smart Coating Market, By Surface area (Million m2)
5.5. Global Construction Smart Coating Market, By Shipment (Million m2)
5.6. Global Construction Smart Coating Market, By Region (USD Million/Million m2)
5.6.1. North America
5.6.2. Europe
5.6.3. Asia-Pacific
5.6.4. Central & South America (CSA)
5.6.5. Middle East & Africa (MEA)
CHAPTER 6. Global Construction Smart Coating Market Size and Forecast, By Region (2017 - 2027)
6.1. North America Construction Smart Coating Market (USD Million/Million m2)
6.1.1. North America Construction Smart Coating Market, By Function (USD Million/ Million m2)
6.1.2. North America Construction Smart Coating Market, By Type (USD Million/ Million m2)
6.1.3. North America Construction Smart Coating Market, By Industry (USD Million/Million m2)
6.1.4. North America Construction Smart Coating Market, By Surface area (Million m2)
6.1.5. North America Construction Smart Coating Market, By Shipment (Million m2)
6.1.6. The U.S. Construction Smart Coating Market (USD Million/ Million m2)
6.1.6.1. The U.S. Construction Smart Coating Market, By Function (USD Million/ Million m2)
6.1.6.2. The U.S. Construction Smart Coating Market, By Type (USD Million/ Million m2)
6.1.6.3. The U.S. Construction Smart Coating Market, By Industry (USD Million/ Million m2)
6.1.6.4. The U.S. Construction Smart Coating Market, By Surface area (Million m2)
6.1.6.5. The U.S. Construction Smart Coating Market, By Shipment (Million m2)
6.1.7. Canada Construction Smart Coating Market (USD Million/Million m2)
6.1.7.1. Canada Construction Smart Coating Market, By Function (USD Million/ Million m2)
6.1.7.2. Canada Construction Smart Coating Market, By Type (USD Million/ Million m2)
6.1.7.3. Canada Construction Smart Coating Market, By Industry (USD Million/ Million m2)
6.1.7.4. Canada. Construction Smart Coating Market, By Surface area (Million m2)
6.1.7.5. Canada. Construction Smart Coating Market, By Shipment (Million m2)
6.1.8. Mexico Construction Smart Coating Market (USD Million/Million m2)
6.1.8.1. Mexico Construction Smart Coating Market, By Function (USD Million/ Million m2)
6.1.8.2. Mexico Construction Smart Coating Market, By Type (USD Million/ Million m2)
6.1.8.3. Mexico Construction Smart Coating Market, By Industry (USD Million/ Million m2)
6.1.8.4. Mexico Construction Smart Coating Market, By Surface Area (Million m2)
6.1.8.5. Mexico Construction Smart Coating Market, By Shipment (Million m2)
6.2. Europe Construction Smart Coating Market (USD Million/Million m2)
6.2.1. Europe Construction Smart Coating Market, By Function (USD Million/ Million m2)
6.2.2. Europe Construction Smart Coating Market, By Type (USD Million/ Million m2)
6.2.3. Europe Construction Smart Coating Market, By Industry (USD Million/Million m2)
6.2.4. Europe Construction Smart Coating Market, By Surface area (Million m2)
6.2.5. Europe Construction Smart Coating Market, By Shipment (Million m2)
6.2.6. Germany Construction Smart Coating Market (USD Million/Million m2)
6.2.6.1. Germany Construction Smart Coating Market, By Function (USD Million/ Million m2)
6.2.6.2. Germany Construction Smart Coating Market, By Type (USD Million/ Million m2)
6.2.6.3. Germany Construction Smart Coating Market, By Industry (USD Million/ Million m2)
6.2.6.4. Germany Construction Smart Coating Market, By Surface area (Million m2)
6.2.6.5. Germany Construction Smart Coating Market, By Shipment (Million m2)
6.2.7. The U.K Construction Smart Coating Market (USD Million/Million m2)
6.2.7.1. The U.K Construction Smart Coating Market, By Function (USD Million/ Million m2)
6.2.7.2. The U.K Construction Smart Coating Market, By Type (USD Million/ Million m2)
6.2.7.3. The U.K Construction Smart Coating Market, By Industry (USD Million/ Million m2)
6.2.7.4. The U.K Construction Smart Coating Market, By Surface area (Million m2)
6.2.7.5. The U.K Construction Smart Coating Market, By Shipment (Million m2)
6.2.8. France Construction Smart Coating Market (USD Million/Million m2)
6.2.8.1. France Construction Smart Coating Market, By Function (USD Million/ Million m2)
6.2.8.2. France Construction Smart Coating Market, By Type (USD Million/ Million m2)
6.2.8.3. France Construction Smart Coating Market, By Industry (USD Million/ Million m2)
6.2.8.4. France Construction Smart Coating Market, By Surface area (Million m2)
6.2.8.5. France Construction Smart Coating Market, By Shipment (Million m2)
6.2.9. Italy Construction Smart Coating Market (USD Million/Million m2)
6.2.9.1. Italy Construction Smart Coating Market, By Function (USD Million/ Million m2)
6.2.9.2. Italy Construction Smart Coating Market, By Type (USD Million/ Million m2)
6.2.9.3. Italy Construction Smart Coating Market, By Industry (USD Million/ Million m2)
6.2.9.4. Italy Construction Smart Coating Market, By Surface area (Million m2)
6.2.9.5. Italy Construction Smart Coating Market, By Shipment (Million m2)
6.2.10. Norway Construction Smart Coating Market (USD Million/Million m2)
6.2.10.1. Norway Construction Smart Coating Market, By Function (USD Million/ Million m2)
6.2.10.2. Norway Construction Smart Coating Market, By Type (USD Million/ Million m2)
6.2.10.3. Norway Construction Smart Coating Market, By Industry (USD Million/ Million m2)
6.2.10.4. Norway Construction Smart Coating Market, By Surface area (Million m2)
6.2.10.5. Norway Construction Smart Coating Market, By Shipment (Million m2)
6.2.11. Netherland Construction Smart Coating Market (USD Million/Million m2)
6.2.11.1. Netherland Construction Smart Coating Market, By Function (USD Million/ Million m2)
6.2.11.2. Netherland Construction Smart Coating Market, By Type (USD Million/ Million m2)
6.2.11.3. Netherland Construction Smart Coating Market, By Industry (USD Million/ Million m2)
6.2.11.4. Netherland Construction Smart Coating Market, By Surface area (Million m2)
6.2.11.5. Netherland Construction Smart Coating Market, By Shipment (Million m2)
6.3. Asia-Pacific Construction Smart Coating Market (USD Million/Million m2)
6.3.1. APAC Construction Smart Coating Market, By Function (USD Million/ Million m2)
6.3.2. APAC Construction Smart Coating Market, By Type (USD Million/ Million m2)
6.3.3. APAC Construction Smart Coating Market, By Industry (USD Million/Million m2)
6.3.4. APAC Construction Smart Coating Market, By Surface area (USD Million/Million m2)
6.3.5. APAC Construction Smart Coating Market, By Shipment (USD Million/ Million m2)
6.3.6. China Construction Smart Coating Market (USD Million/Million m2)
6.3.6.1. China Construction Smart Coating Market, By Function (USD Million/ Million m2)
6.3.6.2. China Construction Smart Coating Market, By Type (USD Million/ Million m2)
6.3.6.3. China Construction Smart Coating Market, By Industry (USD Million/ Million m2)
6.3.6.4. China Construction Smart Coating Market, By Surface area (Million m2)
6.3.6.5. China Construction Smart Coating Market, By Shipment (Million m2)
6.3.7. Japan Construction Smart Coating Market (USD Million/Million m2)
6.3.7.1. Japan Construction Smart Coating Market, By Function (USD Million/ Million m2)
6.3.7.2. Japan Construction Smart Coating Market, By Type (USD Million/ Million m2)
6.3.7.3. Japan Construction Smart Coating Market, By Industry (USD Million/ Million m2)
6.3.7.4. Japan Construction Smart Coating Market, By Surface area (Million m2)
6.3.7.5. Japan Construction Smart Coating Market, By Shipment (Million m2)
6.3.8. India Construction Smart Coating Market (USD Million/Million m2)
6.3.8.1. India Construction Smart Coating Market, By Function (USD Million/ Million m2)
6.3.8.2. India Construction Smart Coating Market, By Type (USD Million/ Million m2)
6.3.8.3. India Construction Smart Coating Market, By Industry (USD Million/ Million m2)
6.3.8.4. India Construction Smart Coating Market, By Surface area (Million m2)
6.3.8.5. India Construction Smart Coating Market, By Shipment (Million m2)
6.3.9. South Korea Construction Smart Coating Market (USD Million/Million m2)
6.3.9.1. South Korea Construction Smart Coating Market, By Function (USD Million/ Million m2)
6.3.9.2. South Korea Construction Smart Coating Market, By Type (USD Million/ Million m2)
6.3.9.3. South Korea Construction Smart Coating Market, By Industry (USD Million/ Million m2)
6.3.9.4. South Korea Construction Smart Coating Market, By Surface area (Million m2)
6.3.9.5. South Korea Construction Smart Coating Market, By Shipment (Million m2)
6.3.10. Singapore Construction Smart Coating Market (USD Million/Million m2)
6.3.10.1. Singapore Construction Smart Coating Market, By Function (USD Million/ Million m2)
6.3.10.2. Singapore Construction Smart Coating Market, By Type (USD Million/ Million m2)
6.3.10.3. Singapore Construction Smart Coating Market, By Industry (USD Million/ Million m2)
6.3.10.4. Singapore Construction Smart Coating Market, By Surface area (Million m2)
6.3.10.5. Singapore Construction Smart Coating Market, By Shipment (Million m2)
6.3.11. Australia Construction Smart Coating Market (USD Million/Million m2)
6.3.11.1. Australia Construction Smart Coating Market, By Function (USD Million/ Million m2)
6.3.11.2. Australia Construction Smart Coating Market, By Type (USD Million/ Million m2)
6.3.11.3. Australia Construction Smart Coating Market, By Industry (USD Million/ Million m2)
6.3.11.4. Australia Construction Smart Coating Market, By Surface area (Million m2)
6.3.11.5. Australia Construction Smart Coating Market, By Shipment (Million m2)
6.4. Central & South America (CSA) Construction Smart Coating Market (USD Million/Million m2)
6.4.1. CSA Construction Smart Coating Market, By Function (USD Million/ Million m2)
6.4.2. CSA Construction Smart Coating Market, By Type (USD Million/ Million m2)
6.4.3. CSA Construction Smart Coating Market, By Industry (USD Million/ Million m2)
6.4.4. CSA Construction Smart Coating Market, By Surface area (Million m2)
6.4.5. CSA Construction Smart Coating Market, By Shipment (Million m2)
6.4.6. Brazil Construction Smart Coating Market (USD Million/Million m2)
6.4.6.1. Brazil Construction Smart Coating Market, By Function (USD Million/ Million m2)
6.4.6.2. Brazil Construction Smart Coating Market, By Type (USD Million/ Million m2)
6.4.6.3. Brazil Construction Smart Coating Market, By Industry (USD Million/ Million m2)
6.4.6.4. Brazil Construction Smart Coating Market, By Surface area (Million m2)
6.4.6.5. Brazil Construction Smart Coating Market, By Shipment (Million m2)
6.5. Middle East & Africa (MEA) Construction Smart Coating Market (USD Million/Million m2)
6.5.1. MEA Construction Smart Coating Market, By Function (USD Million/ Million m2)
6.5.2. MEA Construction Smart Coating Market, By Type (USD Million/ Million m2)
6.5.3. MEA Construction Smart Coating Market, By Industry (USD Million/Million m2)
6.5.4. MEA Construction Smart Coating Market, By Surface area (Million m2)
6.5.5. MEA Construction Smart Coating Market, By Shipment (Million m2)
6.5.6. UAE Construction Smart Coating Market (USD Million/Million m2)
6.5.6.1. UAE Construction Smart Coating Market, By Function (USD Million/ Million m2)
6.5.6.2. UAE Construction Smart Coating Market, By Type (USD Million/ Million m2)
6.5.6.3. UAE Construction Smart Coating Market, By Industry (USD Million/ Million m2)
6.5.6.4. UAE Construction Smart Coating Market, By Surface area (Million m2)
6.5.6.5. UAE Construction Smart Coating Market, By Shipment (Million m2)
6.5.7. Saudi Arabia Construction Smart Coating Market (USD Million/Million m2)
6.5.7.1. Saudi Arabia Construction Smart Coating Market, By Function (USD Million/ Million m2)
6.5.7.2. Saudi Arabia Construction Smart Coating Market, By Type (USD Million/ Million m2)
6.5.7.3. Saudi Arabia Construction Smart Coating Market, By Industry (USD Million/ Million m2)
6.5.7.4. Saudi Arabia Construction Smart Coating Market, By Surface area (Million m2)
6.5.7.5. Saudi Arabia Construction Smart Coating Market, By Shipment (Million m2)
6.5.8. South Africa Construction Smart Coating Market (USD Million/Million m2)
6.5.8.1. South Africa Construction Smart Coating Market, By Function (USD Million/ Million m2)
6.5.8.2. South Africa Construction Smart Coating Market, By Type (USD Million/ Million m2)
6.5.8.3. South Africa Construction Smart Coating Market, By Industry (USD Million/ Million m2)
6.5.8.4. South Africa Construction Smart Coating Market, By Surface area (Million m2)
6.5.8.5. South Africa Construction Smart Coating Market, By Shipment (Million m2)
CHAPTER 7. Construction Players and Strategic Developments
7.1. 3M
7.1.1. Business Overview
7.1.2. Product and Service Offering
7.1.3. Financial Overview
7.1.4. Strategic Developments
7.2. AnCatt
7.2.1. Business Overview
7.2.2. Product and Service Offering
7.2.3. Financial Overview
7.2.4. Strategic Developments
7.3. Bayer AG
7.3.1. Business Overview
7.3.2. Product and Service Offering
7.3.3. Financial Overview
7.3.4. Strategic Developments
7.4. Akzo Nobel
7.4.1. Business Overview
7.4.2. Product and Service Offering
7.4.3. Financial Overview
7.4.4. Strategic Developments
7.5. PPG Industries
7.5.1. Business Overview
7.5.2. Product and Service Offering
7.5.3. Financial Overview
7.5.4. Strategic Developments
7.6. Croda International
7.6.1. Business Overview
7.6.2. Product and Service Offering
7.6.3. Financial Overview
7.6.4. Strategic Developments
7.7. Luminary Chemical
7.7.1. Business Overview
7.7.2. Product and Service Offering
7.7.3. Overview
7.7.4. Strategic Developments
7.8. 3E Nano
7.8.1. Business Overview
7.8.2. Product and Service Offering
7.8.3. Financial Overview
7.8.4. Strategic Developments
7.9. CHOOSE NanoTech
7.9.1. Business Overview
7.9.2. Product and Service Offering
7.9.3. Financial Overview
7.9.4. Strategic Developments
7.10. C-Bond Systems
7.10.1. Business Overview
7.10.2. Product and Service Offering
7.10.3. Financial Overview
7.10.4. Strategic Developments
7.11. Segula Nano technologies
7.11.1. Business Overview
7.11.2. Product and Service Offering
7.11.3. Financial Overview
7.11.4. Strategic Developments
7.12. The Dow Chemical Company
7.12.1. Business Overview
7.12.2. Product and Service Offering
7.12.3. Financial Overview
7.12.4. Strategic Developments
7.13. Research Frontier Inc.
7.13.1. Business Overview
7.13.2. Product and Service Offering
7.13.3. Financial Overview
7.13.4. Strategic Developments
7.14. DuPont
7.14.1. Business Overview
7.14.2. Product and Service Offering
7.14.3. Financial Overview
7.14.4. Strategic Developments