LATIN AMERICA SMART COATINGS MARKET 2021-2028

 

 

Market by Type of Layer, Application, Coating Type, and Country | Forecast 2021-2028

 

TABLE OF CONTENTS

1. LATIN AMERICA SMART COATINGS MARKET – SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON THE SMART COATINGS INDUSTRY

2.2. KEY INSIGHTS

2.2.1. DEMAND FROM VARIOUS INDUSTRIES

2.2.2. ADVANCEMENTS IN SELF-HEALING SMART COATINGS

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTE

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. KEY IMPACT ANALYSIS

2.6.1. RAW MATERIALS

2.6.2. PRICE

2.6.3. QUALITY

2.7. KEY MARKET STRATEGIES

2.7.1. ACQUISITIONS

2.7.2. PRODUCT LAUNCHES

2.7.3. CONTRACTS & PARTNERSHIPS

2.7.4. BUSINESS EXPANSIONS & DIVESTITURES

2.8. MARKET DRIVERS

2.8.1. ADVANTAGES OF SMART COATINGS IN COMPARISON TO TRADITIONAL COATINGS

2.8.2. RISE IN DEMAND FROM THE CONSTRUCTION SECTOR

2.9. MARKET CHALLENGES

2.9.1. STRINGENT REGULATIONS FOR ENVIRONMENTAL PROTECTION

2.9.2. HIGHER COST OF SMART COATINGS

2.10. MARKET OPPORTUNITIES

2.10.1. A SHIFT TOWARDS SMART COATINGS FROM THEIR ALTERNATIVE

2.10.2. GROWING MERGERS AND ACQUISITIONS IN THE SMART COATINGS MARKET

3. LATIN AMERICA SMART COATINGS MARKET OUTLOOK – BY TYPE OF LAYER

3.1. SINGLE-LAYER

3.2. MULTI-LAYER

4. LATIN AMERICA SMART COATINGS MARKET OUTLOOK – BY APPLICATION

4.1. BUILDING & CONSTRUCTION

4.2. AUTOMOTIVE

4.3. MARINE

4.4. AEROSPACE & DEFENCE

4.5. OTHER APPLICATIONS

5. LATIN AMERICA SMART COATINGS MARKET OUTLOOK – BY COATING TYPE

5.1. ANTI-MICROBIAL

5.2. ANTI-CORROSION

5.3. ANTI-FOULING

5.4. ANTI-ICING

5.5. SELF-CLEANING

5.6. SELF-HEALING

5.7. OTHER COATING TYPES

6. LATIN AMERICA SMART COATINGS MARKET– REGIONAL OUTLOOK

6.1. BRAZIL

6.2. MEXICO

6.3. REST OF LATIN AMERICA

7. COMPETITIVE LANDSCAPE

7.1. 3M COMPANY

7.2. AKZONOBEL NV

7.3. ANCATT INC

7.4. AXALTA COATING SYSTEM

7.5. BASF SE

7.6. EASTMAN CHEMICAL COMPANY

7.7. EI DU PONT DE NEMOURS & COMPANY

7.8. HEMPEL AS

7.9. JOTUN AS

7.10. NEI CORPORATION

7.11. NIPPON STEEL CORPORATION

7.12. PPG INDUSTRIES INC

7.13. ROYAL DSM NV

7.14. TESLA NANOCOATINGS INC

7.15. DOW CHEMICAL COMPANY

7.16. THE SHERWIN WILLIAMS COMPANY

8. RESEARCH METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.2. SOURCES OF DATA

8.3. RESEARCH METHODOLOGY

 

         

 

TABLE LIST

TABLE 1: LATIN AMERICA SMART COATINGS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD        

TABLE 3: LATIN AMERICA SMART COATINGS MARKET, BY TYPE OF LAYER, 2021-2028 (IN $ MILLION)       

TABLE 4: LATIN AMERICA SMART COATINGS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)     

TABLE 5: LATIN AMERICA SMART COATINGS MARKET, BY COATING TYPE, 2021-2028 (IN $ MILLION)         

TABLE 6: LATIN AMERICA SMART COATINGS MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

 

 

 

         

FIGURE LIST

FIGURE 1: MARKET ATTRACTIVENESS INDEX      

FIGURE 2: KEY IMPACT ANALYSIS     

FIGURE 3: LATIN AMERICA SMART COATINGS MARKET, BY TYPE OF LAYER, 2020 & 2028 (IN %)       

FIGURE 4: LATIN AMERICA SMART COATINGS MARKET, BY SINGLE-LAYER, 2021-2028 (IN $ MILLION)       

FIGURE 5: LATIN AMERICA SMART COATINGS MARKET, BY MULTI-LAYER, 2021-2028 (IN $ MILLION)       

FIGURE 6: LATIN AMERICA SMART COATINGS MARKET, BY APPLICATION, 2020 & 2028 (IN %)      

FIGURE 7: LATIN AMERICA SMART COATINGS MARKET, BY BUILDING & CONSTRUCTION, 2021-2028 (IN $ MILLION) 

FIGURE 8: LATIN AMERICA SMART COATINGS MARKET, BY AUTOMOTIVE, 2021-2028 (IN $ MILLION)     

FIGURE 9: LATIN AMERICA SMART COATINGS MARKET, BY MARINE, 2021-2028 (IN $ MILLION)

FIGURE 10: LATIN AMERICA SMART COATINGS MARKET, BY AEROSPACE & DEFENCE, 2021-2028 (IN $ MILLION)       

FIGURE 11: LATIN AMERICA SMART COATINGS MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)   

FIGURE 12: LATIN AMERICA SMART COATINGS MARKET, BY COATING TYPE, 2020 & 2028 (IN %)

FIGURE 13: LATIN AMERICA SMART COATINGS MARKET, BY ANTI-MICROBIAL, 2021-2028 (IN $ MILLION)

FIGURE 14: LATIN AMERICA SMART COATINGS MARKET, BY ANTI-CORROSION, 2021-2028 (IN $ MILLION)       

FIGURE 15: LATIN AMERICA SMART COATINGS MARKET, BY ANTI-FOULING, 2021-2028 (IN $ MILLION)   

FIGURE 16: LATIN AMERICA SMART COATINGS MARKET, BY ANTI-ICING, 2021-2028 (IN $ MILLION)        

FIGURE 17: LATIN AMERICA SMART COATINGS MARKET, BY SELF-CLEANING, 2021-2028 (IN $ MILLION)

FIGURE 18: LATIN AMERICA SMART COATINGS MARKET, BY SELF-HEALING, 2021-2028 (IN $ MILLION)   

FIGURE 19: LATIN AMERICA SMART COATINGS MARKET, BY OTHER COATING TYPES, 2021-2028 (IN $ MILLION)

FIGURE 20: LATIN AMERICA SMART COATINGS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %) 

FIGURE 21: BRAZIL SMART COATINGS MARKET 2021-2028 (IN $ MILLION)    

FIGURE 22: MEXICO SMART COATINGS MARKET 2021-2028 (IN $ MILLION)    

FIGURE 23: REST OF LATIN AMERICA SMART COATINGS MARKET 2021-2028 (IN $ MILLION)        

 

 

 

 

MARKET OUTLOOK

Triton Market Research has put forth that the smart coatings market in Latin America is likely to grow with a CAGR of 24.39% over the forecast years from 2021-2028. Brazil, Mexico, and Rest of Latin America together comprise the market in this region.

Brazil dominates the smart coatings market in Latin America. The construction industry in the country has shown growth in 2021, consequently influencing the demand for smart coatings as well. Besides, the Brazilian aerospace industry has also shown better performance, with the economic recovery. Brazil has also seen robust growth in its aircraft manufacturing activities, primarily because of Embraer, an aircraft manufacturer in the country. As of May 2019, there were 59 new qualified projects held by the Brazilian Ministry of Infrastructure under the PPI Program.

The projects included 6 port terminals and 22 airports, along with 14,500 km of highways to be granted to the private sector. These projects cumulatively attracted investments of nearly $10 billion. Hence, such projects that drive construction activities in the country are expected to raise the demand for smart coatings used in construction.

The Argentine economy is gaining steam, at least in the oil & gas sector. This bodes well for specialty coatings manufacturers such as Shaw Pipeline. In 2014, the company began insulation coating production at its Socotherm facility in Argentina. Later, in April 2015, Shaw announced two contracts amounting to $55 million from Tenaris to provide three-layer PE anti-corrosion pipeline coatings for the first two phases of the Argentina Northeast Gas Pipeline (GNEA). Initiatives such as these are contributing to the growth of the market in Rest of Latin America.

 

 

 

COMPETITIVE OUTLOOK

Nippon Steel Corporation, AkzoNobel NV, Jotun AS, Tesla NanoCoatings Inc, Eastman Chemical Company, Ancatt Inc, BASF SE, and 3M Company are some of the prominent names present in the smart coatings market.

 

Get more insights into the Latin America smart coatings market:

 https://www.tritonmarketresearch.com/reports/latin-america-smart-coatings-market

 

 

 

SEGMENTATION

1. 3M COMPANY

2. AKZONOBEL NV

3. ANCATT INC

4. AXALTA COATING SYSTEM

5. BASF SE

6. EASTMAN CHEMICAL COMPANY

7. EI DU PONT DE NEMOURS & COMPANY

8. HEMPEL AS

9. JOTUN AS

10. NEI CORPORATION

11. NIPPON STEEL CORPORATION

12. PPG INDUSTRIES INC

13. ROYAL DSM NV

14. TESLA NANOCOATINGS INC

15. DOW CHEMICAL COMPANY

16. THE SHERWIN WILLIAMS COMPANY