Multifunctional Smart Coatings and Surfaces: 2016-2023 - By 2021 Sales of Multifunctional Surfaces to the Construction Industry Will Reach $625 Million

Dublin, Feb. 12, 2016 -- Research and Markets (http://www.researchandmarkets.com/research/bvhcfd/multifunctional) has announced the addition of the "Multifunctional Smart Coatings and Surfaces: 2016-2023" report to their offering.

The multifunctional coatings opportunity is being shaped by the growing marketplace insistence that buildings, transportation, devices for providing healthcare and even complete cities be smart. In some cases multifunctional smart coatings and surfaces may improve functionality, while at the same time improving aesthetics

Coatings and surfaces that are smart in multiple ways would seem to fit better into the evolving need for smarts than garden varieties, of smart coatings. The report also sees in multifunctional coatings a considerable potential for coatings firms - both large, established firms and start-ups - to create significant market value, while differentiating themselves in the market.

Optimistic visions of a profitable multifunctional future for the coatings industry should be balanced not only against the need to match functions with market needs, but with the capabilities of materials and fabrication tools.

Some multifunctional coatings are already on the market, but others are not ready for prime time. Much the same can be said of tools, where there is currently a plethora of fabrication approaches to creating multifunctional surfaces - although some of them are not yet capable of covering the large areas required (say) by the walls of a building.

It is believed that the coming decade will see substantial new business revenues generated by smart coatings that exhibit multiple functionalities.

In fact, we are already seeing multifunctional coatings and surfaces reach actual commercialization:

- In the construction industry we have now reached the point where it is possible to fabricate smart windows that combine self-dimming, solar energy generation and self-healing into a single IGU.
- In aerospace, some smart surfaces can monitor the structural health of wings and fuselage and then make modest repairs automatically.
- In medicine, the development of coatings with antimicrobial and anti-inflammatory properties is of obvious importance. Here a group of researchers has already created a multifunctional coating on bioactive agents, which addresses both these issues together.

Objectives of this Report:

Identifying how and where value will be created with multifunctional coatings. This report provides a technological roadmap for multifunctional smart coatings and surfaces, showing how they (1) can create value by drastically improving price/performance ratios and (2) establish entirely new smart product capabilities in many industry sectors, especially in automotive, aerospace, healthcare and medicine, and construction. We also examine how the technologies and applications in this sector are likely to evolve over the next ten years.

Assessment of which combinations of functionalities will be most successful in the marketplace. The report also looks at what are the most marketable combinations of functionality for each of the industry sectors discussed. In carrying out this analysis we examine how self-cleaning, self-healing, smart antimicrobial, color shifting, anticorrosion and photovoltaic functionality can be combined in different ways and for different market sectors.

Strategic profiles. This report also contains profiles of leading companies developing multifunctional smart materials. These include leading specialty chemical companies, glass firms and start-ups. We also examine how supply chains are evolving for their products and where important R&D projects seems to be taking us in terms of commercialization,

Ten-year forecasts. In the balance of the report we examine various end-user sectors, where multifunctional smart coatings and surfaces are already being used or will be in the near future. For each of these sectors we present an eight-year market forecast and also show how multifunctional smart products have a market fit with current sector wide trends. Specifically, we show which combinations of smart functionalities will be the most productive in terms of revenue generation.

Highlights:

- The market for smart multifunctionals will be dominated by multilayer coating throughout the forecast period and such coatings will reach just over $1.0 billion in revenues by 2021. Multilayer coatings are the most straightforward approach to creating multifunctional coatings although interference between layers can still cause problems.

- The end-user sector with the biggest potential for using smart multifunctional surfaces will be the construction industry, where multifunctional combinations containing self-cleaning functionality in particular seem to have strong possibilities. However, the challenge in this sector is creating coatings with the long lifetimes required for building exteriors and roofs. By 2021 sales of multifunctional surfaces to the construction industry will reach $625 million

- The other end user area of importance is automotive which will reach more than $450 million in terms of consumption of smart multifunctionals by 2021. This sector is already widely using multilayer coatings for exterior surfaces and it will be especially easy for smart multifunctionals providing self-healing capabilities to gradually take over from the mature anti-scratch technologies over a relatively short period of time.

Companies Mentioned

- AGC
- AkzoNobel
- Alcoa
- BASF
- BigSky Technologies
- Casalgrande
- Clariant
- Cornerstone Research
- Corning
- Covestro
- Crossville
- Diamon-Fusion
- Dow Chemical
- Dow Corning
- DSM Biomedical
- DuPont
- Essroc/Italcementi
- Evonik
- Faurecia
- Fraunhofer IFM
- Gelest
- Gentex
- GKN
- Green Earth Nano Science
- Guard
- Hanergy
- Haruna
- Heliatek
- Klingshield
- Life Material
- Luna Innovations
- Magna
- Microban
- MMT Textiles
- NanoFlex
- NEI
- Nano Lab
- nanoShell
- Nanosonic
- Next Energy
- Nissan
- NSG/Pilkington
- PPG
- PureTi
- Reactive
- Reckli
- Research Frontiers
- Saint-Gobain
- Sciessent
- Sensor Coating Systems
- Schoeller
- SLIPS Technologies
- Sunpartner
- Sto
- Toto
- Ultratech
- Vestagen
- Vestex
- Viavi
- Yanfeng

For more information visit http://www.researchandmarkets.com/research/bvhcfd/multifunctional

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