Tag Archives: smart coatings

New NanoMarkets Report Says Smart Coatings Market to Reach $3.0 billion by 2018

The worldwide smart coatings market will grow from $363 million in 2013 to almost $3.0 billion in 2018, according to a new report from industry analysis firm NanoMarkets.

Glen Allen, Virginia (November 4, 2013) — The worldwide smart coatings market will grow from $363 million in 2013 to almost $3.0 billion in 2018, according to a new report from industry analysis firm NanoMarkets. The report, “Worldwide Smart Coatings Markets, 2013-2020,” notes that because of their ability to quickly respond to external stimuli or resist extreme environments, smart coatings are finding new applications in several industry sectors including construction, energy, automotive, medical, consumer electronic goods and the military.

NanoMarkets believes that smart coatings will do especially well in markets – such as the military — where quality and performance, rather than price, shape purchasing decisions. Consumer markets where the customer is willing to pay a premium for functionality such as scratch resistance or enhanced energy efficiency will also be important.

Additional details about the report are available at: http://nanomarkets.net/market_reports/report/worldwide_smart_coatings_markets_2013_2020.

About the Report:

This new NanoMarkets report provides an in depth analysis of the demand for smart coatings including self-cleaning coatings, anti-corrosion coatings, self-healing coatings, self-dimming coatings, and a range of biomedical smart coatings. It examines the latest products, strategies and technical developments and the hurdles that these materials must overcome to achieve market acceptance.

The report contains granular forecasts of smart coatings shipments in volume and value terms, with breakouts by application and type of material. The report discusses the activities in the smart coating space of some of the leading specialty chemical firms and leading OEMs including 3M, Bayer, Corning, Dassault, Dow, DSM, DuPont, Eastman Chemical, Fuji Heavy Industries, Honda, Nippon Steel, Nissan, NTT, Pilkington, PPG, Saint-Gobain, Sherwin-Williams, Sumitomo and Toyota. In addition, the report covers the activities of numerous innovative smaller firms and startups.

From the report:

Self-cleaning coatings are the largest segment of the smart coatings market; reaching $1.4 billion in 2018. Self-cleaning glass coatings are already in widespread use, but NanoMarkets believes there will be even more opportunities in this space because there is considerable room for improvement in the performance of existing products; additional functionality (anti-fog and anti-glare) can also be added. The fastest growing part of the self-cleaning coatings segment is for non-glass substrates such as aluminum siding, tile and textiles.

Smart anti-corrosion coatings are expected to reach $449 million by 2018, picking up revenues in extreme conditions where conventional paints do not add enough protection. NanoMarkets believes that an important future direction for this part of the smart coatings market will be multipurpose anti-corrosion coatings that address oxidation, wear and other factors. Up to now such multipurpose coatings have been available in limited quantities from small suppliers, but NanoMarkets expects these to become more widely available from the major giant specialty chemical companies.

NanoMarkets expects a dramatic shift in the markets for smart coatings in the next few years. Currently, almost 70 percent of the revenues for smart coatings come from the construction and automotive industry sectors. By 2020, NanoMarkets expects this number to have fallen to 37 percent and the energy sector emerging to account for 25 percent of all smart coatings sales. Much of this growth, NanoMarkets believes will come from sales of self-cleaning coatings for solar panels.

About NanoMarkets:

NanoMarkets tracks and analyzes emerging markets in medicine, energy, electronics and other area created by developments in advanced materials. The firm is a recognized leader in industry analysis and forecasts in the specialty chemicals industry and has been covering the smart coatings business since 2011.

Visit http://www.nanomarkets.net for a full listing of NanoMarkets’ reports and other services.

Media Contact:
Robert Nolan
NanoMarkets, LC
PO BOX 3840
Glen Allen, VA 23058
(804) 938-0030
rob@nanomarkets.net
http://www.nanomarkets.net

NanoMarkets Projects Substantial Growth Potential for Smart Coatings in PV Applications

NanoMarkets announces the release of its latest report on materials for the photovoltaics industry, “Smart Coatings in PV Applications 2012.” NanoMarkets estimates that the total market for transparent conductors (TCs) in PV will exceed $450 million ($US) in 2017, up from a value of under $12 million in 2012.

Glen Allen, Virginia – February 27, 2012 — Industry analyst firm NanoMarkets announces the release of its latest report on materials for the photovoltaics industry, “Smart Coatings in PV Applications 2012.” NanoMarkets estimates that the total market for transparent conductors (TCs) in PV will exceed $450 million ($US) in 2017, up from a value of under $12 million in 2012.

This report analyzes the opportunities for smart coatings in PV applications, with a focus on the four types of smart coatings poised to bring the most value to the PV sector: self-cleaning, self-repairing, electrochromic, and thermochromic coating systems. The report also discusses the strategies of some of the important and emerging suppliers or users of smart coating including: Almaden, Cardinal Glass, Gentex, Lotus Leaf Coatings, nanoShell, Nippon Glass, Nissan, Peer+, Pilkington/AGC, PPG, SAGE, Saint-Gobain, Soladigm, and others.

Additional details about the report are available at: http://www.nanomarkets.net/market_reports/report/smart_coatings_and_photovoltaics_2012

NanoMarkets has recently released related photovoltaics reports in the areas of BIPV glass, transparent conductors and CIGS.

From the Report:

While NanoMarkets sees the overall PV market slowing and facing future uncertainty, the firm believes that PV makers can improve their competitive position and growth prospects by looking to smart coatings that can improve basic PV performance and provide value-added functionality.

The integration of some kinds of smart coatings, especially self-cleaning ones, can cost-effectively increase conversion efficiencies, which have a direct and measurable affect on cost-per-watt. According to NanoMarkets’ new report, self-cleaning coatings are expected to almost $150 million in annual revenue from the PV sector by 2017.

Other, more sophisticated (and higher value) smart coatings can provide additional functionality that enables PV panel makers to create “premium” products and differentiate themselves in a rapidly commoditizing, and homogenizing, marketplace. These added functionality coatings include dimmable or “switchable” electrochromic, thermochromic, and related coating systems. Electrochromic systems are a natural fit for BIPV and advanced BIPV/smart window applications. Electrochromics in PV are predicted to generate over $190 million in annual revenue by 2017.

About NanoMarkets:

NanoMarkets tracks and analyzes emerging market opportunities in energy, electronics and other markets created by developments in advanced materials. The firm is a recognized leader in industry analysis and forecasts of this kind and has been covering the photovoltaics sector for more than six years.

Visit http://www.nanomarkets.net for a full listing of NanoMarkets’ reports and other services.

Media Contact:
Robert Nolan
NanoMarkets, LC
PO BOX 3840
Glen Allen, VA 23058
804-270-1718
rob@nanomarkets.net
http://www.nanomarkets.net