"Smart Coating Market will Increment at an Exuberant CAGR of 29.8% with Forecast up to 2025 "
Initially when the concept of smart coatings was introduced, its commercial values were under strong doubts but, within a decade later, smart coatings has turned into a viable option for a number of industries including construction, automotive, and consumer electronics. Advanced technologies such as self-cleaning, self-healing, and self-assembling or stratifying are being leveraged by the end-use industry players to provide coating solutions to their customers. Moreover, nanotechnology-based coatings are expected to further reduce the cost of coating solutions, enhance damage or scratch resistance as well as conductivity, aid to antifogging and flame retardance, and coloring. As per the projections of a recently compiled business intelligence study by Transparency Market Research (TMR), the demand in the global smart coatings market will increment at an exuberant CAGR of 29.8% during the forecast period of 2017 to 2025, by the end of which the opportunities in this mark...