Fact.MR's projections on the global hydrophobic coatings market reveal a positive albeit modest outlook, with an anticipated CAGR of above 5% across the 2021-2031 forecast period.
Increased demand for waterproof automobile coatings as well as technological advancements that allow nanoparticles to be incorporated into hydrophobic coatings because of their superior durability and huge surface area will boost the industry's size.
The Asia Pacific region is a significant shareholder in the global market, accounting for around 1/3 of overall market revenue in 2020. Due to rising usage in marine, aerospace, automotive, and building & construction industries, as well as abrasion, water resistant, corrosion resistant, organic and inorganic pollutant defiant properties, hydrophobic coatings are witnessing growth in terms of adoption rate, especially in in developing regions.
𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁:
https://www.factmr.com/connectus/sample?flag=S&rep_id=6394
𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀 𝗳𝗿𝗼𝗺 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝘁𝘂𝗱𝘆
• Sales of hydrophobic coatings to reach 14 thousand tons by 2031
• The market in the U.S. is estimated to witness sales of 2.9 thousand tons in 2021
• Competitive intelligence of leading manufacturers and distributors highlights the competitive scenario across geographies.
• The concrete segment, under classification, is projected to record above 4% CAGR through 2031
• The market in Asia Pacific is forecast to witness sales of 2 thousand tons by 2031
"Hydrophobic coatings are used in a variety of industries, including construction, aerospace, automotive, and medicine. The market will expand steadily over the years as construction and automotive industries in developing economies increase output in parallel to the expansion and growth of various sectors," says a Fact.MR analyst.
𝗪𝗵𝗶𝗰𝗵 𝗙𝗮𝗰𝘁𝗼𝗿𝘀 𝗮𝗿𝗲 𝗦𝘁𝗶𝗺𝘂𝗹𝗮𝘁𝗶𝗻𝗴 𝗗𝗲𝗺𝗮𝗻𝗱 𝗳𝗼𝗿 𝗛𝘆𝗱𝗿𝗼𝗽𝗵𝗼𝗯𝗶𝗰 𝗖𝗼𝗮𝘁𝗶𝗻𝗴𝘀?
Biocompatible, lubricious, nonchromogenic, and abrasion-resistant, hydrophobic coatings are used in a variety of applications. As medical devices are polluted with tissue waste or fluids, these materials are employed in diagnostic equipment, surgical tools, and appliances to keep them safe for extended periods of time, as such, increasing demand for the product.
The unique properties of hydrophobic coatings, such as low ice adhesion, low wettability, high strength, and UV resistance, are likely to drive market expansion over the forecast period.
𝗞𝗲𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝘀 𝗖𝗼𝘃𝗲𝗿𝗲𝗱 𝗶𝗻 𝗛𝘆𝗱𝗿𝗼𝗽𝗵𝗼𝗯𝗶𝗰 𝗖𝗼𝗮𝘁𝗶𝗻𝗴𝘀 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀
Classification
• Metal Hydrophobic Coatings
• Glass Hydrophobic Coatings
• Concrete Hydrophobic Coatings
• Polymer Hydrophobic Coatings
Application
• Automotive Hydrophobic Coatings
• Aerospace Hydrophobic Coatings
• Medical Hydrophobic Coatings
• Building & Construction Hydrophobic Coatings
• Marine Hydrophobic Coatings
• Textiles Hydrophobic Coatings
𝗪𝗵𝗮𝘁 𝗮𝗿𝗲 𝘁𝗵𝗲 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝗳𝗼𝗿 𝗛𝘆𝗱𝗿𝗼𝗽𝗵𝗼𝗯𝗶𝗰 𝗖𝗼𝗮𝘁𝗶𝗻𝗴 𝗠𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗲𝗿𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗨𝗻𝗶𝘁𝗲𝗱 𝗦𝘁𝗮𝘁𝗲𝘀?
The United States accounted for around 20% of worldwide market share due to enormous manufacturing levels of end-user products such as aircraft, auto, and medical equipment. Emerging technology has had a big impact in the country. As a result, hydrophobic coatings position in market is expected to be robust, positively impacting the industry.
𝗖𝗮𝘁𝗲𝗴𝗼𝗿𝘆-𝘄𝗶𝘀𝗲 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀
𝗪𝗵𝘆 𝗮𝗿𝗲 𝗖𝗼𝗻𝗰𝗿𝗲𝘁𝗲 𝗦𝘂𝗯𝘀𝘁𝗿𝗮𝘁𝗲𝘀 𝗼𝗳 𝗛𝘆𝗱𝗿𝗼𝗽𝗵𝗼𝗯𝗶𝗰 𝗖𝗼𝗮𝘁𝗶𝗻𝗴𝘀 𝘁𝗵𝗲 𝗠𝗼𝘀𝘁 𝗦𝗼𝘂𝗴𝗵𝘁-𝗮𝗳𝘁𝗲𝗿?
Due to rise of the building & construction sector, the concrete substrate segment is expected to experience the highest CAGR of around 6% throughout the forecast period. Concrete is coated with hydrophobic coatings to prevent expansion, cracking, scaling, and crumbling.
By increasing the angle of contact between water droplets and the concrete surface, these hydrophobic coatings preserve the concrete surface for longer periods of time.
𝗚𝗲𝘁 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗼𝗻 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 𝗳𝗼𝗿 𝗦𝗽𝗲𝗰𝗶𝗳𝗶𝗰 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=6394
𝗪𝗵𝘆 𝗗𝗼 𝗛𝘆𝗱𝗿𝗼𝗽𝗵𝗼𝗯𝗶𝗰 𝗖𝗼𝗮𝘁𝗶𝗻𝗴𝘀 𝗪𝗶𝘁𝗻𝗲𝘀𝘀 𝗛𝗶𝗴𝗵 𝗗𝗲𝗺𝗮𝗻𝗱 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗠𝗲𝗱𝗶𝗰𝗮𝗹 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆?
Medical device manufacturers are prominent users of hydrophilic coatings. This is due to the fact that hydrophilic coatings on medical equipment result in a uniformly moist and lubricated surface. In comparison to an uncoated device surface, the coating also aids in the decrease of surface friction.
Demand for catheters and guidewires has been steadily expanding due to continued medical device innovation and technological advancements. As a result, the need for hydrophilic coatings has surged in the medical sector, giving the industry a boost.
As a result of increased manufacturing of medical devices, demand for hydrophilic coatings in the medical device industry is expected to rise significantly throughout the forecast period.
𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲
The hydrophobic coatings landscape witnessing numerous mergers and acquisitions. Many new market competitors have entered the business in addition to organizations that are already operating in this space. R&D spending is being done to introduce new technologies into the mainstream market. Presence of a multitude of players renders the landscape quite fragmented.
Fact.MR's hydrophobic coatings industry research includes the profiles of key manufacturers such as BASF SE, 3M, PPG Industries, Abrisa Technologies, Advanced Industrial Coatings, NEI Corporation, Prelco, Nippon Paint, Aculon, and Drywired.
• In 2017, NBD Nanotechnologies launched a new coating solution, InvisiPrint, which makes fingerprints invisible on metal and glass surfaces. The product will assist manufacturers in meeting consumer demand for a solution to lessen the look of fingerprints on electronic displays, car interiors, bathroom faucets, and kitchen appliances. InvisiPrint is a coating that is both, oleophilic and hydrophobic in nature.
• In July 2018, GKN Aerospace established a new hydrophobic coating for cockpit glass at its transparencies center of excellence in Garden Grove, California. Rain shedding in-flight/ground activity is provided by a permanent surface treatment that greatly enhances resistance to surface abrasion.
• In March 2018, NEI Corporation introduced the UV-Protect (UVP) technology to develop upgraded versions of its successful NANOMYTE® coating products, to deliver unique features in coatings with unrivalled endurance. Hydrophobicity, oleophobicity, self-healing, fog resistance, scratch resistance, anti-icing, self-cleaning, and anti-corrosion are all features of the NANOMYTE® line of surface treatments and protective coatings.
• In March 2019, PPG announced that it had completed the acquisition of Whitford Worldwide Business, an international supplier of low-friction and non-stick coatings for industrial and consumer items.
• Aculon Inc. and Henkel Company struck a strategic collaboration agreement in October 2018 to bring NanoProof® PCB Waterproof Technologies to key mobile device manufacturers.
𝗞𝗲𝘆 𝗣𝗼𝗶𝗻𝘁𝘀 𝗖𝗼𝘃𝗲𝗿𝗲𝗱 𝗶𝗻 𝗛𝘆𝗱𝗿𝗼𝗽𝗵𝗼𝗯𝗶𝗰 𝗖𝗼𝗮𝘁𝗶𝗻𝗴𝘀 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗦𝘂𝗿𝘃𝗲𝘆:
• Market Estimates and Forecasts (2016-2031)
• Key Drivers and Restraints Shaping Market Growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Brand Share and Market Share Analysis
• Key Product Innovations and Regulatory Climate
• COVID-19 Impact on Hydrophobic Coatings and How to Navigate
• Recommendation on Key Winning Strategies
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