The global smart coatings market is developing rapidly and the domestic market has huge development potential.

Smart coatings refer to materials that can dynamically adapt to external stimuli and responses. As a new type of coating, smart coating not only has the protective and decorative properties of traditional coatings, but can also sense changes in the external environment and produce adaptive properties, thereby improving the coating’s use effect and service life. Smart coatings are a combination of new materials and new technologies. They can be divided into bioactive coatings, environmental feedback coatings, nano-application coatings, innovative coatings and other categories. Downstream applications involve aerospace, automobiles, construction, and medical care. Health, shipbuilding, consumer electronics and other fields.

According to the “2021-2025 Smart Coatings Industry In-depth Market Research and Investment Strategy Suggestions Report released by the Industrial Research Center, smart coatings It has a wide range of applications. As market demand continues to be released, the smart coating market has gradually expanded. By 2020, the global smart coating market has reached US$4.2 billion, with an average annual compound growth rate of more than 28.6% from 2014 to 2020. It is expected that the global smart coatings market will maintain rapid growth in the next five years, reaching US$10 billion in 2026.

There are many types of smart coatings, and the product types are still increasing. According to different functions, smart coatings are divided into antibacterial, self-healing, anti-corrosion, anti-icing, self-cleaning, hydrophobic and other functions. From the perspective of market structure, among various smart coatings, anti-corrosion smart coatings, self-healing smart coatings and self-cleaning smart coatings are widely used, with their combined market share reaching about 66.4%.

In the global market, smart coatings are mainly concentrated in North America, Europe and the Asia-Pacific region. Thanks to the economic rise of the Asia-Pacific region and the expansion of infrastructure construction, the growth rate of smart coatings market demand in the Asia-Pacific region is higher than the global average. From the supply side, the smart coatings market is relatively low-concentrated, with major suppliers including AkzoNobel, Axalta, PPG Industries, Sherwin-Williams, and Lipamax.

Compared with the U.S. and Japanese markets, my country’s smart coatings industry started late and is still in the early stages of development. There is still much room for improvement in the industry’s technical level, production scale, product quality, etc. At this stage, my country’s economy has ranked among the top in the world. With the acceleration of domestic urbanization and industrialization, and increasingly strict environmental protection supervision, the market demand for smart coatings will be further released, and the industry will have broad room for development in the future.

Industry analysts said that our country is currently in a critical period of transformation from a manufacturing power to a manufacturing power. Domestic industry, construction and other fields are facing The demand for high-end coatings and new coatings continues to grow. Against this background, the smart coatings market is expected to usher in good development opportunities. There are many types of smart coatings. With the advancement of science and technology and the upgrading of market demand, more smart coatings will enter the market in the future. The same is true for enterprises. Competition in the smart coatings market will intensify in the future.