Chemicals Industry Today
Sol-Gel Coatings Market Segment by Applications, Manufacturers, Regions and Forecast to 2023
WiseGuyReports.Com Publish a New Market Research Report On –“ Sol-Gel Coatings Market Segment by Applications, Manufacturers, Regions and Forecast to 2023”.
Published 08 March 2019
Sol-Gel Coatings Industry 2019
Description:-
Sol-gel coatings are a combination of hybrid, inorganic, and organic compounds prepared by converting monomers into colloidal solutions. These coatings are easy to use and inexpensive, thereby are used in the production of protective surfaces. These coatings exhibit properties such as anti-bacterial, anti-fouling, UV and IR protection, wear resistance, and anti-static. The versatility of sol-gel coatings has enabled their use in major end-use industries such as automotive, medical devices electronics, solar panel, construction, and marine.
Get a Free Sample Report @ https://www.wiseguyreports.com/sample-request/3798391-global-sol-gel-coatings-market-information-by-application
For more information or any query mail at sales@wiseguyreports.com
The global sol-gel coatings market was valued at USD 2,263.9 million in 2018 and is projected to reach USD 3,853.5 million by 2023 at a CAGR of 11.22%. The growth of the global sol-gel coatings market is primarily driven by the increasing demand for protective coatings in the transportation industry. The demand for protective coatings is increasing owing to the benefits associated with them such as scratch resistance, anti-microbial, durability, gloss retention, water repellency, and UV and infra radiation stability. Furthermore, these coatings enhance the self-cleaning, wear resistance, fuel efficiency, and thermal performance, which helps in reducing carbon footprint, maintenance costs, and ice accretion. The other factor fueling the demand for these coatings is the use of sol-gel in display screens of electronic devices. The increasing production and sale of electronic devices such as smartphones, laptops, gaming devices, and others are expected to fuel the demand for sol-gel coatings in the electronics industry. The increasing production and sale of automobiles across the globe with the increasing disposable income are also projected to fuel the demand and drive the global market growth. Moreover, the implementation of “Net Zero Imports” target in developing countries, e.g., India, is expected to increase the manufacturing of electronics, which consequently is expected to boost the demand for sol-gel coatings.
The manufacturers in the global market are focusing on strategic growth initiatives such as mergers and acquisitions, new product launches and agreements to strengthen their market position and meet the growing demand in the automotive glass, healthcare, construction, and marine applications, among others. For instance, in June 2017, The Sherwin Williams Company acquired Valspar Corporation, an American manufacturer of paints and coatings based in Minneapolis, US. This acquisition was in line with the company’s growth strategy of becoming the global leader in the paints and coatings market.
Regional Analysis
The global sol-gel coatings market, by region, is spanned across five regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. North America accounted for around 32.95% of the global market share and was valued at USD 746 million in 2018 and is expected to reach USD 1261.5 million at a CAGR of 11.08% during the assessment period. The growth of the regional market is attributed to the increasing demand for wireless electronic devices and fuel-efficient automobiles.
Asia-Pacific emerged as the fastest growing regional market in 2018, registering the highest CAGR of 13.57%.
Segmentation
The global market has been segmented on the basis of application and region. Sol-gel coatings have a wide range of applications, including automotive glass, healthcare, construction, mobile device screens, marine, solar panels, and others. Among these, the automotive glass segment accounted for the largest market share of 31.97% in 2018, with a market value of USD 723.7 million and is projected to register the highest CAGR of 12.92% during the forecast period. This is due to the extensive use of sol-gel coatings in the manufacturing of metal parts, lamps, mirrors, and plastic hoods, among others. These coatings not only protect the automotive glass from scratches and dust but also provide all-around protection from ultraviolet and infrared radiation.
……..
Enquiry About Report @ https://www.wiseguyreports.com/enquiry/3798391-global-sol-gel-coatings-market-information-by-application
Table Of Contents – Major Key Points
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
3 Market Insights
4 Research Methodology
4.1 Research Process
4.2 Primary Research
4.3 Secondary Research
4.4 Market Size Estimation
4.5 Forecast Model
5 Market Dynamics
5.1 Introduction
5.2 Drivers
5.2.1 Drivers Impact Analysis
5.2.2 Growing Demand for Protective Coatings in the Transportation Industry
5.2.3 Use of Sol-Gel Coatings in Display Screens of Electronic Devices
5.3 Restraints
5.3.1 Restraints Impact Analysis
5.3.2 High Cost of Sol-Gel Chemical Precursors
5.4 Opportunities
5.4.1 Increasing Awareness of the Spread of Infections in Hospital Surroundings
5.4.2 Increased Focus on Innovative and Eco-Friendly Sol-Gel Coatings
6 Market Factor Analysis
6.1 Supply Chain Analysis
6.1.1 Raw Materials
6.1.2 Sol-Gel Coating Manufacturers
6.1.3 Distribution Channel
6.1.4 End-Use Industry
6.2 Porter’s Five Forces Model
6.3 Threat of New Entrants
6.4 Threat of Rivalry
6.5 Threat of Substitutes
6.6 Bargaining Power of Suppliers
6.7 Bargaining Power of Buyers
7 Global Sol-Gel Coatings Market, by Application
7.1 Introduction
7.2 Automotive Glass
7.3 Healthcare
7.4 Marine
7.5 Construction
7.6 Mobile Device Screens
7.7 Solar Panels
7.8 Others
Continued……
Buy 1-user PDF @ https://www.wiseguyreports.com/checkout?currency=one_user-USD&report_id=3798391
CONTACT US:
NORAH TRENT
Partner Relations & Marketing Manager
sales@wiseguyreports.com
www.wiseguyreports.com
Ph: +1-646-845-9349 (US)
Ph: +44 208 133 9349 (UK)
ABOUT US:
Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports features an exhaustive list of market research reports from hundreds of publishers worldwide. We boast a database spanning virtually every market category and an even more comprehensive collection of market research reports under these categories and sub-categories.
Description:-
Sol-gel coatings are a combination of hybrid, inorganic, and organic compounds prepared by converting monomers into colloidal solutions. These coatings are easy to use and inexpensive, thereby are used in the production of protective surfaces. These coatings exhibit properties such as anti-bacterial, anti-fouling, UV and IR protection, wear resistance, and anti-static. The versatility of sol-gel coatings has enabled their use in major end-use industries such as automotive, medical devices electronics, solar panel, construction, and marine.
Get a Free Sample Report @ https://www.wiseguyreports.com/sample-request/3798391-global-sol-gel-coatings-market-information-by-application
For more information or any query mail at sales@wiseguyreports.com
The global sol-gel coatings market was valued at USD 2,263.9 million in 2018 and is projected to reach USD 3,853.5 million by 2023 at a CAGR of 11.22%. The growth of the global sol-gel coatings market is primarily driven by the increasing demand for protective coatings in the transportation industry. The demand for protective coatings is increasing owing to the benefits associated with them such as scratch resistance, anti-microbial, durability, gloss retention, water repellency, and UV and infra radiation stability. Furthermore, these coatings enhance the self-cleaning, wear resistance, fuel efficiency, and thermal performance, which helps in reducing carbon footprint, maintenance costs, and ice accretion. The other factor fueling the demand for these coatings is the use of sol-gel in display screens of electronic devices. The increasing production and sale of electronic devices such as smartphones, laptops, gaming devices, and others are expected to fuel the demand for sol-gel coatings in the electronics industry. The increasing production and sale of automobiles across the globe with the increasing disposable income are also projected to fuel the demand and drive the global market growth. Moreover, the implementation of “Net Zero Imports” target in developing countries, e.g., India, is expected to increase the manufacturing of electronics, which consequently is expected to boost the demand for sol-gel coatings.
The manufacturers in the global market are focusing on strategic growth initiatives such as mergers and acquisitions, new product launches and agreements to strengthen their market position and meet the growing demand in the automotive glass, healthcare, construction, and marine applications, among others. For instance, in June 2017, The Sherwin Williams Company acquired Valspar Corporation, an American manufacturer of paints and coatings based in Minneapolis, US. This acquisition was in line with the company’s growth strategy of becoming the global leader in the paints and coatings market.
Regional Analysis
The global sol-gel coatings market, by region, is spanned across five regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. North America accounted for around 32.95% of the global market share and was valued at USD 746 million in 2018 and is expected to reach USD 1261.5 million at a CAGR of 11.08% during the assessment period. The growth of the regional market is attributed to the increasing demand for wireless electronic devices and fuel-efficient automobiles.
Asia-Pacific emerged as the fastest growing regional market in 2018, registering the highest CAGR of 13.57%.
Segmentation
The global market has been segmented on the basis of application and region. Sol-gel coatings have a wide range of applications, including automotive glass, healthcare, construction, mobile device screens, marine, solar panels, and others. Among these, the automotive glass segment accounted for the largest market share of 31.97% in 2018, with a market value of USD 723.7 million and is projected to register the highest CAGR of 12.92% during the forecast period. This is due to the extensive use of sol-gel coatings in the manufacturing of metal parts, lamps, mirrors, and plastic hoods, among others. These coatings not only protect the automotive glass from scratches and dust but also provide all-around protection from ultraviolet and infrared radiation.
……..
Enquiry About Report @ https://www.wiseguyreports.com/enquiry/3798391-global-sol-gel-coatings-market-information-by-application
Table Of Contents – Major Key Points
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
3 Market Insights
4 Research Methodology
4.1 Research Process
4.2 Primary Research
4.3 Secondary Research
4.4 Market Size Estimation
4.5 Forecast Model
5 Market Dynamics
5.1 Introduction
5.2 Drivers
5.2.1 Drivers Impact Analysis
5.2.2 Growing Demand for Protective Coatings in the Transportation Industry
5.2.3 Use of Sol-Gel Coatings in Display Screens of Electronic Devices
5.3 Restraints
5.3.1 Restraints Impact Analysis
5.3.2 High Cost of Sol-Gel Chemical Precursors
5.4 Opportunities
5.4.1 Increasing Awareness of the Spread of Infections in Hospital Surroundings
5.4.2 Increased Focus on Innovative and Eco-Friendly Sol-Gel Coatings
6 Market Factor Analysis
6.1 Supply Chain Analysis
6.1.1 Raw Materials
6.1.2 Sol-Gel Coating Manufacturers
6.1.3 Distribution Channel
6.1.4 End-Use Industry
6.2 Porter’s Five Forces Model
6.3 Threat of New Entrants
6.4 Threat of Rivalry
6.5 Threat of Substitutes
6.6 Bargaining Power of Suppliers
6.7 Bargaining Power of Buyers
7 Global Sol-Gel Coatings Market, by Application
7.1 Introduction
7.2 Automotive Glass
7.3 Healthcare
7.4 Marine
7.5 Construction
7.6 Mobile Device Screens
7.7 Solar Panels
7.8 Others
Continued……
Buy 1-user PDF @ https://www.wiseguyreports.com/checkout?currency=one_user-USD&report_id=3798391
CONTACT US:
NORAH TRENT
Partner Relations & Marketing Manager
sales@wiseguyreports.com
www.wiseguyreports.com
Ph: +1-646-845-9349 (US)
Ph: +44 208 133 9349 (UK)
ABOUT US:
Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports features an exhaustive list of market research reports from hundreds of publishers worldwide. We boast a database spanning virtually every market category and an even more comprehensive collection of market research reports under these categories and sub-categories.
Share on Social Media
Contact Information
WISEGUY RESEARCH CONSULTANTS PVT LTD
WISEGUY RESEARCH CONSULTANTS PVT LTD
Office No. 524/528
Amanora Chambers Magarpatta Road,
Pune
411028
+91 8390122541
https://www.wiseguyreports.com
Other Industry News
Ready to start publishing
Sign Up today!
