Smart Coatings Market Industry Insights, Trends, Outlook

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SMART COATINGS MARKET - -
GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND
OPPORTUNITY ANALYSIS, 20162024
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• REPORT DESCRIPTION

• Smart coatings are specially designed films that
  have predefined characteristics, which enable
  them to sense and respond to various external and
  internal situations. Smart coatings are
  manufactured from programmable materials with
  various physical, chemical, mechanical and
  electrical properties. These materials have the
  ability to respond to variations in light,
  pressure, heat, and chemical factors. Smart
  coatings are also used in transportation industry
  as anti-biofouling agents, which results in
  prolonged asset life, reduced corrosion damage,
  and maintenance costs.
• Increasing demand for customization in sensing
  and repair abilities has led to the growth of
  smart coatings market in military and automotive
  industry. Smart coatings can improve a systems
  efficiency by reducing inspection times,
  equipment downtime and maintenance costs. The
  outcomes of using smart coating also include a
  reduced necessity for maintenance of corroded
  areas coupled with prolonging the life of
  components and assemblies prepared from corrosive
  materials.

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• Smart coatings MARKET Taxonomy

• On the basis of type of sensing, the global
  market is classified into
• Ionic strength
• pH
• Temperature pressure
• Surface tension
• Magnetic field
• Mechanical forces
• On the basis of product type, the global market
  is classified into
• Self-heating
• Self-healing
• Anti-corrosion
•  

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• Market Segmentation

• Increasing demand for improved products in the
  automotive, military and aerospace industry is
  one of the major factors boosting growth of smart
  coatings market. Asia Pacific is one of the major
  contributors in the smart coatings market
  globally. This is mainly attributed to the
  booming automotive industry and increasing
  investments in defense activities in emerging
  economies such as India and China. The total
  defense budget of India was US 34.53 billion and
  government initiatives such as Make in India is
  expected to fuel growth of manufacturing units in
  the country. The defense manufacturing unit of
  Make in India has numerous foreign investors such
  as Airbus, Pilatus, BAE India Systems, Raytheon,
  Lockheed Martin, Boeing India, Israel Aerospace
  Industries, Rafael Advanced Defense Systems Ltd.
  and Dassault Aviation SA.
• Request Sample Copy of Report_at_ https//www.coheren
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• Key Strategies

• High price is one of the restraining factors for
  the smart coatings market globally. Developing a
  wide array of products to meet the current demand
  is one of the key strategies adopted by the major
  market players in the smart coatings industry.
  Research and development is carried on to
  manufacture smart coatings which will generate
  protectable intellectual property (IP) and this
  will increase the area of application of smart
  coating. Smart coatings are also being developed
  for application as oil-filtering materials, which
  will provide complete separation of oil and water
  in an oil rig. Some of the companies operating in
  the global smart coatings market are Balcony
  Systems Solutions Ltd, Nanoshell, Research
  Frontiers, Inc., New Energy technologies, Cima
  Nano tech., Ancatt Inc., and Debiotech SA.

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