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Classified in: Ebola virus, Covid-19 virus
Subject: MRR

Insights on the Smart Surfaces Global Market to 2026 - Self-Healing Coatings Continue to Gain Prominence


DUBLIN, July 5, 2022 /PRNewswire/ -- The 'Smart Surfaces - Global Market Trajectory & Analytics' report has been added to ResearchAndMarkets.com's offering.

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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) -

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/8qbq8h

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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SOURCE Research and Markets


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