These coatings are widely used in medical, military, transport, con-struction, electronics, and other industries for protection against corrosion and abrasion, as well as other surface protection purposes.
The increasing technological advancement in smart coatings, superior properties of smart coatings, and the growth in the automotive sector especially in Asia-Pacific and Europe are the primary factors boosting the growth of the market.
A significant trend driving the development of smart coating technologies is the continuous demand for higher performance to extend product life and reduce maintenance, to enhance energy ef-ficiency both for cost and environmental reasons.
The global smart coatings market report segments the market by layer, function, and end-user.
The increasing thrust on infrastructure development ac-tivities and industries in the U. S. like automotive, military, healthcare and consumer elec-tronics will augment the demand in the region.