Market Overview

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 the transportation industry as anti-biofouling agents, which results in prolonged asset life, reduced corrosion damage, and reduced 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 system’s efficiency by reducing inspection time, 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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Market Dynamics

In healthcare industry, smart coatings are used as microbial coatings for preventing diseases. Anti-corrosion coatings are used in sensing causes of corrosion and inhibiting corrosion. This is achieved by enabling pH activated release of self-healing capability and triggering multifunctional microcapsules in smart coatings. Self-healing coatings are used in the aerospace and automotive industry to repair scratches and detect damages in engines. Smart coatings are also used in cellphones and computers for protection against scratches and improving the resistance against chemical effects and dirt. In healthcare industry smart coatings are used in drug delivery agents.

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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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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