The global Hydrophobic Coatings Market is forecasted to grow at a rate of 5.2% in terms of value, from USD 1.45 billion in 2019 to reach USD 2.19 billion by 2027. Increasing demands for waterproof automotive coatings along with technical advances to incorporate nano-particles in hydrophobic coatings due to their better durability and large surface area will expand the size of the industry.
Pushing to reduce wear and tear on automobile vehicles to minimize additional costs will drive demand for the product in the anticipated timeline. The market size of hydrophobic coatings is projected to rise dramatically due to its simplicity when added to undercoats made of glass, metal, textiles, wood, concrete, plastic, and minerals. Such materials are repellent for glass, so they avoid cracking, scraping so abrasion. Therefore, it may be used on all sorts of complex geometries and surfaces, which are likely to fuel demand for the product.
Top Companies Operating in the Global Hydrophobic Coatings Market:
BASF SE, 3M, PPG Industries, Abrisa Technologies, Advanced Industrial Coatings, NEI Corporation, Prelco, Nippon Paint, Aculon, and Drywired.
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Major Factors Contributing to the Global Materials and Chemicals Market Revenue Growth
Hydrophobic coatings are biocompatible, lubricious, nonchromogenic, and immune to abrasion. These materials are used in diagnostic equipment, surgical tools, and appliances to hold them safe for prolonged periods, because such devices are polluted with tissue residue or fluids, thereby increasing demand for the product. Factors like wear tolerance and attractiveness are likely to drive the size of the market for hydrophobic coatings. The unique features, including low ice adhesion, low wettability, high strength, and UV resistance, are expected to stimulate market growth for hydrophobic coatings over the forecast timeframe.
Table of Contents:
- Report Overview
1.1 Research Scope
1.2 Key Hydrophobic Coatings market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global Hydrophobic Coatings market size
2.2 Latest regional market trends
2.3 Emerging growth trends - Competitive Outlook
3.1 Global Hydrophobic Coatings market key players
3.2 Global Hydrophobic Coatings size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Hydrophobic Coatings market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
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Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
Hydrophobic Coatings Market Segmentation
By Product Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)
- Polysiloxanes
- Fluoro-Alkylsilanes
- Fluoropolymers
- Titanium Dioxide
By Substrate Outlook (Volume, Kilotons; 2017-2027, Revenue, USD Billion; 2017-2027)
- Metals
- Glass
- Concrete
- Ceramics
- Polymers
- Textile
By Application Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)
- Aerospace
- Automotive
- Construction
- Medical
- Optical
- Oil Gas
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