A hydrophobic coating is a nanoscopic surface layer that repels water. Droplets hitting this kind of coating can fully rebound in the shape of column or pancake.
APAC is estimated to account for the largest share of the hydrophobic coatings market in 2017, followed by North America. This high growth is due to the increasing demand for vehicles, increasing innovations in the aerospace industry, and increasing start-ups in the medical devices manufacturing sector. Apart from the automotive industry, focus on the aerospace industry and increasing investments in the building & construction industry are also projected to drive the hydrophobic coatings market in APAC.
Market Analysis and Insights: Global Hydrophobic Coating Market
The global Hydrophobic Coating market was valued at US$ 1212.4 million in 2020 and it is expected to reach US$ 1549.3 million by the end of 2027, growing at a CAGR of 3.1% during 2021-2027.
Global Hydrophobic Coating Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Hydrophobic Coating Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Metals Substrate
Glass Substrate
Concrete Substrate
Polymers Substrate
Ceramics Substrate
Others
Segment by Application
Automotive
Aerospace
Building & Construction
Marine
Textiles
Electronics
Medical
Others
By Company
BASF
Drywired
PPG Industries
3M
Nippon Paint
Neverwet
Lotus Leaf Coatings
Aculon
NEI
Cytonix
Surfactis Technologies
Nanogate
Advanced Nanotech
Artekya
Hydrobead
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
APAC is estimated to account for the largest share of the hydrophobic coatings market in 2017, followed by North America. This high growth is due to the increasing demand for vehicles, increasing innovations in the aerospace industry, and increasing start-ups in the medical devices manufacturing sector. Apart from the automotive industry, focus on the aerospace industry and increasing investments in the building & construction industry are also projected to drive the hydrophobic coatings market in APAC.
Market Analysis and Insights: Global Hydrophobic Coating Market
The global Hydrophobic Coating market was valued at US$ 1212.4 million in 2020 and it is expected to reach US$ 1549.3 million by the end of 2027, growing at a CAGR of 3.1% during 2021-2027.
Global Hydrophobic Coating Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Hydrophobic Coating Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Metals Substrate
Glass Substrate
Concrete Substrate
Polymers Substrate
Ceramics Substrate
Others
Segment by Application
Automotive
Aerospace
Building & Construction
Marine
Textiles
Electronics
Medical
Others
By Company
BASF
Drywired
PPG Industries
3M
Nippon Paint
Neverwet
Lotus Leaf Coatings
Aculon
NEI
Cytonix
Surfactis Technologies
Nanogate
Advanced Nanotech
Artekya
Hydrobead
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
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