Global Smart Surfaces Market to Reach $60.6 Billion by 2026
Amid the COVID-19 crisis, the global market for Smart Surfaces estimated at US$4.2 Billion in the year 2020, is projected to reach a revised size of US$60.6 Billion by 2026, growing at a CAGR of 55.8% over the analysis period.
Self-Cleaning, one of the segments analyzed in the report, is projected to grow at a 51.4% CAGR to reach US$32.6 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Self-Healing segment is readjusted to a revised 55.4% CAGR for the next 7-year period. This segment currently accounts for a 25% share of the global Smart Surfaces market.
The U.S. Market is Estimated at $1.9 Billion in 2021, While China is Forecast to Reach $12.4 Billion by 2026
The Smart Surfaces market in the U.S. is estimated at US$1.9 Billion in the year 2021. The country currently accounts for a 32.02% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$12.4 Billion in the year 2026 trailing a CAGR of 67.4% through the analysis period.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 47.8% and 51.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 50.4% CAGR while Rest of European market (as defined in the study) will reach US$20.5 Billion by the close of the analysis period.
Self-Assembling Segment to Reach $17.2 Billion by 2026
Self-assembly refers to the process in which disordered system of existing components are formed into an organized pattern or structure as a result of local interactions among various components themselves, without the need for any external stimuli or human intervention. Self-assembly can be either dynamic or static.
The global market for Self-Assembling (Material Type) segment is estimated at US$944 Million in 2020, and is projected to reach US$17.2 Billion by 2026 reflecting a compounded annual growth rate of 61.7% over the analysis period. Europe constitutes the largest regional market for Self-Assembling segment, accounting for 30.5% of the global sales in 2020. China is poised to register the fastest compounded annual growth rate of 74.4% over the analysis period, to reach US$6.6 Billion by the end of the analysis period.
Select Competitors (Total 55 Featured) -
3M Company
Adaptive Surface Technologies
Clariant AG
DuPont de Nemours, Inc
Gentex Corporation
HZO Inc.
NANOSHINE GROUP CORP.
P2i Limited
Wyss Institute
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Impact of COVID-19 Pandemic and Looming Global Recession
2020 Marked as a Year of Disruption & Transformation
World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
Fight against COVID-19: The Case of Antiviral Surfaces
Smart Surfaces - Global Key Competitors Percentage Market Share in 2022 (E)
An Introduction to Smart Surfaces
Types of Smart Surface Materials
Global Market Prospects & Outlook
Growing Use of Smart Surfaces in Varied Applications to Boost Market Growth
Competition
Recent Market Activity
Competitive Market Presence - Strong/Active/Niche/Trivial for 55 Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Rising Focus on Anti-Microbial Surfaces to Fuel Growth Demand for Smart Surfaces in Medical and Healthcare Sector
Risk of HAIs and Renewed Threat of Infectious Diseases Enhance Importance of Anti-Microbial Surfaces
COVID-19, MERS, Ebola, and TB Highlight the Need for Antibacterial Surfaces
Smart Surfaces to Tackle Infection and Antimicrobial Resistance
Antimicrobial Nanocoatings Emerge as an Alternative for Traditional Antimicrobial Coatings
Advancements in Coatings to Drive Demand for Antimicrobial Surfaces in Medical Sector
Medical Device Industry Turns to Plasma-Applied Coatings
Self-Healing, Self-Sensing and Self-Cleaning Materials: Poised to Transform Construction Sector
Smart Surface Solutions: The Next Concrete Trend
COVID-19 Pandemic Impacts Construction Activity, Affecting Market Growth
Global Construction Growth Outlook (In %) for Years 2019 through 2021
Rising Demand for Smart Windows & Windshields to Drive Demand for Smart Surfaces in Auto Industry
Global Automotive Smart Glass Market by Technology: Percentage Breakdown of Revenues by Technology for 2015 & 2025
Smart Surfaces Find Application in Automotive Interiors
Recovery in Automobile Production: An Important Opportunity Indicator
World Automobile Production in Million Units: 2008-2022
Monthly New Vehicle Sales in the US: Jan 2020-Feb 2021
Shift towards Renewable Energy Spurs Demand for Smart Solar Panels, Driving Growth in Smart Surfaces Market
Top 10 Countries Worldwide by Annual PV Installed Capacity (2019)
Top 10 Countries Worldwide by Cumulative PV Installed Capacity in GW (2019)
COVID-19 Outbreak Affects Solar PV Industry Operations
COVID-19 Impact on Solar Industry: Solar PV Capacity Additions (in GW) by Sector for 2019 and 2020
Growing Significance of Self-Healing Attribute for Electronics & Electrical Industries
Smart Surface Solutions for Smart Devices Amidst 5G Deployments
Sixth Generation Wireless Technology: Potential Role for Smart Surface Solutions
Smart Materials Facilitate Development of Self-Cleaning Surfaces
Self-Healing Coatings Continue to Gain Prominence
Smart Cleaning Materials Find Favor in Vehicles, Architecture and Infrastructure Sectors
Anti-Fouling Coatings for Ships: Potential for Smart Surfaces Market
Smart Surfaces Transforming the Way People Live But for Accelerated Uptake among Masses, Affordable Products are Needed
High Potential Applications for Smart Surface Technologies
Innovations in Smart Surfaces to Expand Application Opportunities
Graphene Smart Surface Technology Holds Potential for Use in Various Applications
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