Assessment of COVID-19's Effect on Smart Coating Market 2020-2024 | Advantages of Smart Coatings to Augment Growth | Technavio - Business Wire

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LONDON--(BUSINESS WIRE)--Technavio has been monitoring the smart coating market and it is poised to grow by USD 30.28 billion during 2020-2024, progressing at a CAGR of almost 53% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 3M Co., Akzo Nobel NV, Axalta Coating Systems Ltd., BASF SE, Eastman Chemical Co., Hempel AS, Jotun AS, Nippon Paint Holdings Co. Ltd., PPG Industries Inc., and The Sherwin-Williams Co. are some of the major market participants. The advantages of smart coatings will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Advantages of smart coatings has been instrumental in driving the growth of the market.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/report/smart-coating-market-industry-analysis

Smart Coating Market 2020-2024: Segmentation

Smart Coating Market is segmented as below:

• End-user
  • Construction
  • Automotive
  • Marine
  • Aviation
  • Others
• Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America

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Smart Coating Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The smart coating market report covers the following areas:

• Smart Coating Market Size
• Smart Coating Market Trends
• Smart Coating Market Analysis

This study identifies growing technological advances in self-healing smart coatings as one of the prime reasons driving the smart coating market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Smart Coating Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist smart coating market growth during the next five years
• Estimation of the smart coating market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the smart coating market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of smart coating market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• 2.1 Preface
• 2.2 Preface
• 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Value chain analysis
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2019
• Market outlook
• Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY END-USER

• Market segmentation by end-user
• Comparison by end-user
• Construction - Market size and forecast 2019-2024
• Automotive - Market size and forecast 2019-2024
• Marine - Market size and forecast 2019-2024
• Aviation - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

• Expansion of plant capacities and new distribution centers for smart coatings
• Growth in number of M&A activities
• Growing technological advances in self-healing smart coatings

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• 3M Co.
• Akzo Nobel NV
• Axalta Coating Systems Ltd.
• BASF SE
• Eastman Chemical Co.
• Hempel AS
• Jotun AS
• Nippon Paint Holdings Co. Ltd.
• PPG Industries Inc.
• The Sherwin-Williams Co.

PART 14: APPENDIX

• Research methodology
• List of abbreviations
• Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Assessment of COVID-19's Effect on Smart Coating Market 2020-2024 | Advantages of Smart Coatings to Augment Growth | Technavio - Business Wire
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