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Nanotechnology Report

Smart Coatings Markets 2011

Category: Materials Published: Feb 2011 View Contents
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Electronic copies include a five user licence. Contact andrew.stewart@nano.org.uk for more information.

A new class of "smart" coatings is emerging from industrial labs all over the world. And it will generate more than three billion dollars by 2018.

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Noting this important trend, we have published this special report which pinpoints where the new business revenues will be generated by smart coatings over the next eight years. We believe this assessment of the smart coatings market will provide guidance to executives throughout the specialty chemical, building materials, medical device, electronics worlds and in many other industries. From the perspective of the coatings supplier, smart coatings offer a new way to add value to their customers’ products, create protectable IP and thus to attract capital.

Smart coatings provide predictable and appropriate response to outside conditions and changes in environment. We believe that this gives them the ability to provide additional longevity, safety and efficiency in the energy, medical device, automotive and construction industries and in military applications. In the past, they have found themselves in a few niche markets; thermochromic windows are an example. But we believe that recent leaps forward in nano-engineering and in other areas of advanced materials development will create much broader opportunities for these interesting materials.

Initially, we see these materials as providing additional longevity for the products on which they are coated, reducing total costs of ownership. We are already seeing this trend in action in wide range of products that includes products as diverse as military vehicles as cell phones. However, we see the use of smart coatings spreading over the next decade to include materials with a greater range of functionality. Drug delivery and smart textiles, for example, are likely to be important sources of smart coating revenue in the future.

In addition to providing a roadmap for the commercial evolution of smart coatings, this new report also discusses the firms that are making progress selling smart coatings today and how they are making a success in this emerging sector. We also look at how smart coatings can establish firm value propositions in important applications markets including energy, military, electronics, construction, automotive and transportation, and textiles.

The analysis contained in this report suggests that smart coatings have a huge future revenue potential. This report is intended to assist firms building their smart coatings business and those entering this area for the first time. Reading this report will provide information of where the sweet spots are for commercializing and marketing smart coatings, who the major players are and will be, and how smart coatings products will be enhanced in value by the latest developments in nanomaterials and bioengineering. It also discusses the interrelationship between smart coatings and the related areas of smart surfaces and multifunctional coatings. It also includes an eight-year quantitative revenue forecast by application type.

A new class of "smart" coatings is emerging from industrial labs all over the world.