Smart Coatings Market Report 2026

The smart coatings market size has grown exponentially in recent years. It will grow from $7.9 billion in 2025 to $9.89 billion in 2026 at a compound annual growth rate (CAGR) of 25.3%. The growth in the historic period can be attributed to advancements in material science technologies, increasing infrastructure development activities, growth in automotive and aerospace coatings demand, rising need for durable surface protection, availability of advanced coating formulations.

The smart coatings market size is expected to see exponential growth in the next few years. It will grow to $23.59 billion in 2030 at a compound annual growth rate (CAGR) of 24.3%. The growth in the forecast period can be attributed to increasing investments in smart infrastructure, rising adoption of functional coatings in healthcare, expansion of sustainable construction practices, growing demand for high-performance materials, increasing integration of intelligent surfaces. Major trends in the forecast period include growing adoption of self-healing coatings, rising demand for anti-corrosion smart surfaces, expansion of anti-microbial coating applications, increased use of sensor-embedded coatings, enhanced focus on surface longevity.

The rising automotive production is expected to drive the growth of the smart coatings market going forward. The automotive industry encompasses companies, organizations, and activities involved in designing, developing, manufacturing, marketing, and selling motor vehicles. Smart coatings in this sector enhance vehicle performance, safety, aesthetics, and durability while reducing maintenance costs and improving the overall driving experience. The surge in automotive production is fueled by rising consumer demand, economic recovery, and technological advancements in vehicle design and manufacturing. For example, in March 2024, the European Automobile Manufacturers Association (ACEA), an Italy-based organization representing major European motor vehicle manufacturers, reported a 10.2% increase in global car output to 76 million units. Production rose across major regions, with the European Union exceeding 12.1 million units (over 11% growth), China surpassing 25.3 million units (over 9% expansion), the United States reaching 7.6 million units (8.5% gain), and Japan producing over 7.7 million units (17.4% increase). Therefore, the growing automotive production is boosting the smart coatings market.

Leading companies in the smart coatings market are focusing on innovative products such as resicoat powder coatings to drive revenue growth. Resicoat powder coatings consist of finely ground pigment and resin particles that are electrostatically charged and sprayed onto surfaces. For instance, in January 2023, Royal AkzoNobel N.V., a Netherlands-based paints, coatings, and specialty chemicals company, launched resicoat powder coatings. This line protects the electrical components and battery systems of electric vehicles by providing insulation from electric current and corrosion resistance, enhancing battery performance, prolonging battery life, and ensuring long-lasting performance. The range also includes epoxy powder solutions designed for electrical insulation of hairpin stators and Resicoat EVbusbar, which coats busbars to improve heat dissipation, reduce fire load, and extend lifetime under thermal impact.

In September 2024, Kartesia, a Luxembourg-based specialist provider of tailored financing solutions, invested in Lumiforte for an undisclosed amount. This investment aims to accelerate Lumiforte’s global expansion, strengthen its innovation pipeline, and support strategic growth in advanced smart coatings for horticulture, agriculture, sports, and emerging applications such as cool roofing and orchards. Lumiforte, based in the Netherlands, develops functional, performance-enhancing smart coatings for high-tech greenhouses and other industrial applications.

Major companies operating in the smart coatings market are DuPont de Nemours Inc., Minnesota Mining and Manufacturing Company (3M), Akzo Nobel N.V., BASF SE, Hempel A/S, Jotun A/S, Koninklijke DSM N.V., NEI Corporation, PPG Industries Inc., RPM International Inc., The Dow Chemical Co., The Sherwin-Williams Company, Corning Inc., Axalta Coating Systems Ltd., Inframat Corporation, Gentex Corporation, Tesla NanoCoatings Inc., Research Frontiers Inc., Autonomic Materials Inc., Nanosonic Ltd., Adaptive Surface Technologies, DryWired LLC, Tesla NanoCoatings Inc., Hygratek LLC, Helicity Technologies Inc.

Asia-Pacific was the largest region in the smart coatings market in 2025. Asia-Pacific is expected to be the fastest-growing region in the market share. The regions covered in the smart coatings market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the smart coatings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The smart coatings market consists of sales of smart coatings including antifungal and ant fingerprinting. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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