The global hydrophobic coatingsmarket size reached US$ 2.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2023-2028.
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.
Hydrophobic Coatings Market Trends:
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.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global hydrophobic coatingsmarket report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, material, fabrication method and application.
Breakup by Type:
Breakup by Material:
Breakup by Fabrication Method:
Chemical Vapour Deposition
Sol Gel Process
Breakup by Application:
Building and Construction
Medical and Healthcare
Breakup by Region:
Middle East and Africa
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
Type, Material, Fabrication Method, Application, Region
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
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.
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Key Questions Answered in This Report
The global hydrophobic coatings market was valued at US$ 2.3 Billion in 2022.
We expect the global hydrophobic coatings market to exhibit a CAGR of 5.2% during 2023-2028.
The extensive application of hydrophobic coatings on surfaces of various products, such as metal, glass, concrete, etc., to make them water repellent and easier to clean, is primarily driving the global hydrophobic coatings market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in the temporary closure of numerous end-use industries for hydrophobic coatings.
Based on the type, the global hydrophobic coatings market has been divided into anti-corrosion, anti-microbial, anti-icing, self-cleaning, anti-fouling, and others. Among these, anti-corrosion holds the majority of the global market share.
Based on the material, the global hydrophobic coatings market can be categorized into polysiloxanes, fluoroalkylsilanes, fluoropolymers, and others. Currently, polysiloxanes exhibits clear dominance in the market.
Based on the fabrication method, the global hydrophobic coatings market has been segmented into chemical vapour deposition, phase separation, sol gel process, electrospinning, and etching. Among these, chemical vapour deposition represents the largest market share.
Based on the application, the global hydrophobic coatings market can be bifurcated into building and construction, electronics, automotive, textiles, consumer goods, medical and healthcare, and others. Currently, the building and construction sector accounts for the majority of the total market share.
On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America, where Asia-Pacific currently dominates the global market.
Some of the major players in the global hydrophobic coatings market include 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.
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