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Thursday, 19 September 2019
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Markets & companies, Coatings market

Smart coatings market to grow

Thursday, 24 February 2011

The market for smart coatings is forecasted to reach a size of USD 3 billion by 2018.

According to NanoMarkets study, the market for smart coatings will reach a size of USD 3 billion by 2018. Source: NanoMarkets, LC

According to NanoMarkets study, the market for smart coatings will reach a size of USD 3 billion by 2018. Source: NanoMarkets, LC

The market for smart coatings is forecasted to reach a size of USD 3 billion by 2018. Although many of the most interesting smart coatings are only just beginning to emerge from industrial laboratories, research company NanoMarkets believes that these coatings have a huge future revenue potential. With this in mind, the experts are publishing the first market analysis, titled "Smart Coatings Markets 2011", of the smart coatings business including an eight-year quantitative forecast by application and material type. The report provides forecasts on various market sectors for smart coatings as for instance, medical, naval and military applications. The experts expect the sectors considered in this report will be generating hundreds of millions of dollars in revenue and will therefore be well worth a look by a variety of firms looking for new opportunities in the materials space. At the present time, applications fall primarily into the medical and construction/architecture sector.

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