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The global hydrophobic coatings market reached a value of US$ 2.16 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 2.97 Billion by 2027, exhibiting a CAGR of 5.30% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Hydrophobic coatings refer to thin layers of nanoparticles that repel water. They are applied to surfaces of various products, such as metal, glass, concrete, plastic, wood, and ceramics, to make them water repellent and easier to clean as water, dirt, and other substances roll off the surface. They also provide excellent resistance to moisture, corrosion, scratch and abrasion, and self-cleaning properties to surfaces. As a result, hydrophobic coatings are extensively used across the construction, automotive, healthcare, textiles, aerospace, and marine industries.
The increasing applications of hydrophobic coatings across various sectors represent the primary factor driving the market growth. For instance, automotive manufacturers are increasingly utilizing hydrophobic coatings for car windows, displays, and metal components. This, in confluence with the growing automobile production, surging sales of high-end vehicles, and rising consumer expenditure capacities, is augmenting the product demand. Additionally, several product innovations, such as the implementation of nanoparticles in hydrophobic coatings to improve performance characteristics and surface area, are catalyzing the market growth. Besides this, since antimicrobial coatings prevent microbial growth, they have gained traction in the healthcare sector for manufacturing water-repellent medical devices, surgical tools, and nonwovens, such as gloves and gowns. Furthermore, the widespread adoption of anti-corrosion coatings for aerospace and automobile components and increasing construction activities in the residential and commercial sectors are propelling the market growth. Other factors, including the growing product usage in the optical industry, rising investments in research and development (R&D) activities by key players, and technological advancements, are also creating a positive market outlook.
IMARC Group provides an analysis of the key trends in each sub-segment of the global hydrophobic coatings market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, material, fabrication method and application.
Breakup by Type:
Breakup by Material:
Breakup by Fabrication Method:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, Abrisa Technologies, AccuCoat Inc., Aculon Inc., Akzo Nobel N.V., BASF SE, Cytonix LLC, NEI Corporation, NeverWet LLC, Nippon Paint Holdings Co. Ltd., P2i Ltd. and PPG Industries Inc.
|Base Year of the Analysis||2021|
|Segment Coverage||Type, Material, Fabrication Method, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||3M Company, Abrisa Technologies, AccuCoat Inc., Aculon Inc., Akzo Nobel N.V., BASF SE, Cytonix LLC, NEI Corporation, NeverWet LLC, Nippon Paint Holdings Co. Ltd., P2i Ltd. and PPG Industries Inc.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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