The coating industry has been evolving significantly due to the changing
requirements of the end-user industry, leading to changes in the
manufacturing processes and innovation in the engineering application.
Coatings are essentially applied for the protection, preservation, and
beautification of the products. They also aid in obtaining durability
and additional customized features such as corrosion resistance, wear
and tear resistance, and fouling resistance. As a result, the industry
has undergone a gradual shift from the traditional usage of coating for
providing finishes and aesthetic feel to being used as a process of
surface treatment, thereby adding more value to a product.
Read Report Overview: https://bisresearch.com/industry-report/global-anti-fingerprint-coating-market.html
Technological
advancements in the manufacturing sector with extensive ongoing
research to improve the existing manufacturing options have laid the
foundation for the usage of innovative functional coating. In
particular, the demand for coating with anti-fingerprint properties has
been rapidly increasing on a year-on-year basis.
Anti-fingerprint
coating is widely used to obtain anti-smudge properties. The
anti-fingerprint coating enables in achieving low maintenance cost of
the product by facilitating less adhesion of dirt and moisture.
Therefore, anti-fingerprint coating is being utilized by the end-user
companies as a strategy to differentiate their products in the
competitive market. As the adoption of these coatings help the end-user
companies to obtain a cost advantage over others, the entire market has
been impacted, thereby increasing the opportunity for anti-fingerprint
coating manufacturers.
The growth in the anti-fingerprint coating
market can be attributed to the increasing demand from various end-use
applications such as consumer goods, automotive, stainless steel, and
building and construction. In addition, the increasing use of
anti-fingerprint coating in the stainless-steel applications, which are
used in manufacturing white consumer goods, has further increased the
market for anti-fingerprint coating globally. Furthermore, the rise in
production of consumer goods and ceramic sanitaryware in countries such
as China, Japan, South Korea, Taiwan, India, Vietnam, and Spain has
propelled the growth of the anti-fingerprint coating market.
The
anti-fingerprint coating market has been developing significantly since
2014, and much of this development has been attributed to the
technological advancements in this field. The ecosystem of the
anti-fingerprint coating market comprises material and technology
suppliers, coating manufacturers, and end users. The market is still
developing, with Asia-Pacific at the forefront, followed by Europe,
North America, Middle East and Africa, and South America.
Some of
the factors behind the expansion of the anti-fingerprint coating market
is the rising need for these coatings in ceramic sanitaryware
applications to provide hygiene to the consumers, increasing demand from
consumer goods industry, and rising production of white consumer goods
due to increasing population, rapid urbanization, and rising disposable
income of the consumers. However, stringent environmental regulations
over raw materials used for anti-fingerprint coating and non-uniform
pricing of these coatings across different applications are some of the
major factors inhibiting the growth of the market.
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