Market Overview
Hydrophobic
Coatings Market is projected to achieve a value of USD 2,042.6 Million in 2023,
with a linear behavior in the market growth it is forecasted to achieve a value
of USD 3,877.6 Million by 2033 with a CAGR of 5.2% during the forecast period
2023-2033.
Hydrophobic
coatings, also known as water-repellent coatings, are thin films or surface
treatments applied to various materials to make them highly resistant to water
and other liquids. These coatings work by altering the surface properties of
the material, causing water to bead up and roll off rather than spread out or
wet the surface. Hydrophobic coatings have a wide range of applications in
industries such as automotive, electronics, construction, textiles, and more.
Here are some key characteristics and applications of hydrophobic coatings:
There Are Some Key Findings From Hydrophobic Coatings
Market Consumer Surveys Conducted:
·
Consumers are aware of
the benefits of hydrophobic coatings. Over 90% of consumers are aware of the
benefits of hydrophobic coatings, such as water repellency, stain resistance,
and self-cleaning properties.
·
Consumers are willing to
pay a premium for hydrophobic coatings. Over 70% of consumers are willing to
pay a premium for products that are coated with hydrophobic materials.
·
Consumers are looking for
hydrophobic coatings that are durable and long-lasting. Over 80% of consumers
say that it is important for hydrophobic coatings to be durable and
long-lasting.
·
Consumers are looking for
hydrophobic coatings that are easy to apply and maintain. Over 60% of consumers
say that it is important for hydrophobic coatings to be easy to apply and
maintain.
Market Scope
Report Attributes |
Description |
Market Size in 2022 |
USD
2,042.6 Million |
Market Forecast in 2033 |
USD 3,877.6
Million |
CAGR % 2023-2033 |
5.2% |
Base Year |
2022 |
Historic Data |
2016-2022 |
Forecast Period |
2023-2033 |
Report USP |
Production,
Consumption, company share, company heatmap, company production capacity,
growth factors and more |
Growth Drivers |
Colossal demand from automotive and
aerospace industries Introduction of new formulation with advanced properties. Lower maintenance cost |
Segments Covered |
Product, Substrate
type, Coating layer, application method, Function and End-user |
Regional Scope |
North America, Europe, APAC, South
America and Middle East and Africa |
Country Scope |
U.S.; Canada;
U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia;
China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico;
Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Key Companies |
BASF SE, 3M, Nippon Paint Holdings Co.,
Ltd., Akzo Nobel N.V., PPG Industries, Inc., Aculon, Advanced Nanotech Lab,
ALLEGIANCE NANOSOLUTIONS, Artekya Teknoloji, CYTONIX, LLC, Lotus Leaf
Coatings, Inc., Nanokote, NEI Corporation, and NOANIX among others |
Market Dynamics
Increasing Demand For Hydrophobic Coatings From
Various Industries: Hydrophobic coatings
are used in a wide variety of industries, including automotive, building &
construction, marine, aerospace, medical, and electronics. The increasing
demand for hydrophobic coatings from these industries is driving the growth of
the Hydrophobic Coatings market.
Rising Awareness Of The Benefits Of Hydrophobic
Coatings: Consumers and businesses are becoming
increasingly aware of the benefits of hydrophobic coatings, such as water
repellency, stain resistance, and self-cleaning properties. This is driving the
demand for hydrophobic coatings in the consumer and commercial markets.
Technological Advancements:
Technological advancements are leading to the development of new and improved
hydrophobic coatings. For example, researchers are developing hydrophobic
coatings that are more durable, long-lasting, and sustainable. These
advancements are making hydrophobic coatings more attractive to a wider range
of users.
High Cost Of Hydrophobic Coatings:
Hydrophobic coatings can be more expensive than traditional coatings. This can
be a barrier to entry for some businesses and consumers within Hydrophobic
Coatings market.
Lack Of Awareness Of The Benefits Of Hydrophobic
Coatings: Some
consumers and businesses are not aware of the benefits of hydrophobic coatings.
This can hinder the growth of the market.
Environmental Concerns: Some hydrophobic coatings may contain harmful
chemicals that can be released into the environment. This is a concern for some
consumers and businesses.
Product Analysis
The
hydrophobic coatings market is segmented by product into polysiloxanes,
fluoropolymers, fluoro-alkylsilanes, titanium dioxide, and others.
Fluoropolymers are expected to hold the largest market share in 2023 and
beyond. This is due to the fact that fluoropolymers offer the best water
repellency and durability of all types of hydrophobic coatings.
Fluoropolymers are a class of polymers
that contain fluorine atoms. Fluorine is the most electronegative element in
the periodic table, and this gives fluoropolymers their unique properties.
Fluoropolymers are highly water-repellent, stain-resistant, and durable. They
are also resistant to chemicals and UV light.
Polysiloxanes
are a class of polymers that contain silicon-oxygen bonds. Polysiloxanes are
also water-repellent and stain-resistant, but they are not as durable as
fluoropolymers. Polysiloxanes are often used in applications where cost is a
major factor, thereby boosting the growth of Hydrophobic Coatings market in
economy savy sectors.
Fluoro-alkylsilanes
are a class of chemicals that can be used to create hydrophobic coatings. Fluoro-alkylsilanes
are typically applied to surfaces via a chemical process called grafting.
Fluoro-alkylsilanes are often used in applications where durability and water
repellency are critical, such as in the automotive and aerospace industries.
Titanium
dioxide is a white powder that can be used to create hydrophobic coatings.
Titanium dioxide is often used in coatings for paper, textiles, and plastics.
Titanium dioxide is also used in sunscreen and other personal care products.
Market Substrate Type Analysis
The
hydrophobic coatings market is segmented by substrate type into metal, glass,
polymer, ceramics, concrete, and textiles. Metals are expected to hold the
largest market share around 40% in 2023 and beyond. This is due to the fact
that metals are widely used in a variety of industries, including automotive,
aerospace, and construction. Hydrophobic coatings are used on metals to protect
them from corrosion and to improve their durability.
Metals
are used in a variety of applications, such as car bodies, aircraft parts, and
construction materials. Hydrophobic coatings are used on metals to protect them
from corrosion, which can be caused by exposure to water, moisture, and
chemicals. Hydrophobic coatings can also help to improve the durability of metals
by protecting them from scratches and abrasion, thereby increasing its adoption
rate within industries and propelling the Hydrophobic Coatings market growth.
Glass
is another widely used substrate for hydrophobic coatings. Hydrophobic coatings
are used on glass to improve its water repellency and stain resistance. This is
beneficial for a variety of applications, such as windows, shower doors, and
eyeglasses.
Polymers
are also a common substrate for hydrophobic coatings. Hydrophobic coatings are
used on polymers to improve their water repellency, stain resistance, and
durability. This is beneficial for a variety of applications, such as clothing,
food packaging, and medical devices, which has increased the penetration of
Hydrophobic Coatings market.
Market End-User Analysis
The
hydrophobic coatings market is segmented by end-user into automotive,
electronics, building & construction, marine, textiles, healthcare,
aerospace, oil & gas, food & beverages, and others. The automotive
segment is expected to hold the largest market share around 40% 2023 and
beyond. This is due to the fact that the automotive industry is one of the
largest users of hydrophobic coatings. Hydrophobic coatings are used on cars to
improve their water repellency, stain resistance, and durability. This is
beneficial for a variety of reasons, such as reducing corrosion, making the car
easier to clean, and protecting the paint.
The
electronics industry is another major user of hydrophobic coatings. Hydrophobic
coatings are used on electronic devices to protect them from water damage and
to improve their durability. For example, hydrophobic coatings are used on
smartphones, tablets, and laptops to protect them from spills and rain.
The
building & construction industry is also a major user of hydrophobic
coatings market. Hydrophobic coatings are used on building materials, such as
concrete, bricks, and glass, to protect them from water damage and to improve
their durability. For example, hydrophobic coatings are used on roofs to
prevent leaks and on floors to make them easier to clean.
The
marine industry is another major user of hydrophobic coatings. Hydrophobic
coatings are used on boats and ships to protect them from water damage and to
improve their durability. For example, hydrophobic coatings are used on hulls
to reduce drag and on decks to make them safer.
Market Regional Analysis
The
hydrophobic coatings market is segmented by region into North America, Europe,
Asia Pacific, and Latin America. North America is expected to hold the largest market
share in 2023 and beyond. This is due to the fact that North America is home to
some of the largest manufacturers of hydrophobic coatings and is a major market
for end-user applications such as automotive, electronics, and building &
construction.
Asia
Pacific is expected to be the fastest-growing market for hydrophobic coatings
in the coming years. This is due to the rapid economic growth in the region and
the increasing demand for hydrophobic coatings from end-user industries such as
automotive, electronics, and building & construction.
Competitive Analysis
AkzoNobel,
PPG Industries, and BASF are the three largest players in the hydrophobic
coatings market, with a combined market share of over 43%. Other leading
players, such as Dow Chemical, 3M, and Tenneco, likely have market shares in
the single digits.
By Product
·
Polysiloxanes
·
Fluoropolymers
·
Fluoro-Alkylsilanes
·
Titanium Dioxide
·
Others
By Substrate Type
·
Metal
·
Glass
·
Polymer
·
Ceramics
·
Concrete
·
Textiles
By Application Method
·
Dip Coating
·
Brushing
·
Roll Coating
·
Spraying
·
Others
By Function
·
Anti-Corrosion
·
Anti-Microbial
·
Anti-Fouling
·
Anti-Icing/Wetting
·
Self-Cleaning
·
Others
By End-User
·
Automotive
·
Electronics
·
Building &
Construction
·
Marine
·
Textiles
·
Healthcare
·
Aerospace
·
Oil & Gas
·
Food & Beverages
·
Others
1. Global Hydrophobic Coatings Market Introduction and Market Overview
1.1.
Objectives of the Study
1.2.
Global Hydrophobic Coatings
Market Scope and Market Estimation
1.2.1.Global Hydrophobic
Coatings Overall Market Size, Revenue (US$ Mn) and Volume (Tons), Market CAGR
(%), Market forecast (2023 - 2033)
1.2.2.Global Hydrophobic
Coatings Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019 - 2033
1.3.
Market Segmentation
1.3.1.Product of
Global Hydrophobic Coatings Market
1.3.2.Substrate
Type of Global Hydrophobic Coatings Market
1.3.3.Coating
Layer of Global Hydrophobic Coatings Market
1.3.4.Application
Method of Global Hydrophobic Coatings Market
1.3.5.Function
of Global Hydrophobic Coatings Market
1.3.6.End-user
of Global Hydrophobic Coatings Market
1.3.7.Region
of Global Hydrophobic Coatings Market
2. Executive Summary
3. Market Factor Analysis
3.1. Global Hydrophobic
Coatings Market Application Trends under COVID-19 Outbreak
3.1.1.Global
COVID-19 Status Overview
3.1.2.Influence
of COVID-19 Outbreak on Global Hydrophobic Coatings Market Application Development
3.2. Market Dynamics
3.2.1.Drivers
3.2.2.Limitations
3.2.3.Opportunities
3.2.4.Impact
Analysis of Drivers and Restraints
3.3. Value Chain/ Ecosystem
Analysis
3.3.1.Manufacturers
/ Vendors
3.3.2.Distributors
3.3.3.Buyers /
End-users
3.3.4.Forward
Integration & Backward Integration of Key Stakeholders
3.4. Global Hydrophobic
Coatings Market - Pricing Trends Analysis & Average Selling Prices (ASPs)
3.5. Porter’s Five Forces
Analysis
3.5.1.Bargaining
Power of Suppliers
3.5.2.Bargaining
Power of Buyers
3.5.3.Threat
of Substitutes
3.5.4.Threat
of New Entrants
3.5.5.Competitive
Rivalry
3.6. PEST Analysis
3.6.1.Political
Factors
3.6.2.Economic
Factors
3.6.3.Social
Factors
3.6.4.Technological
Factors
3.7. Impact of Russia Ukraine
War on Hydrophobic Coatings Market
3.8. Impact of Economic
Downturn on Hydrophobic Coatings Market
3.9. Hydrophobic Coatings Production
Capacity, by Major Countries
3.10. Market Investment Opportunity
Analysis (Top Investment Pockets)
4. Global Hydrophobic
Coatings Market Estimates & Forecast Trend Analysis, by Product
4.1.
Global Hydrophobic Coatings
Market Revenue (US$ Mn) and Volume (Tons) Estimates and Forecasts, by Product, 2019
to 2033
4.1.1.Polysiloxanes
4.1.2.Fluoropolymers
4.1.3.Fluoro-Alkylsilanes
4.1.4.Titanium
Dioxide
4.1.5.Others
5. Global Hydrophobic
Coatings Market Estimates & Forecast Trend Analysis, by Coating Layer
5.1.
Global Hydrophobic Coatings
Market Revenue (US$ Mn) and Volume (Tons) Estimates and Forecasts, by Coating Layer,
2019 to 2033
5.1.1.Single
Layer
5.1.2.Multi-Layer
6. Global Hydrophobic
Coatings Market Estimates & Forecast Trend Analysis, by Application Method
6.1.
Global Hydrophobic Coatings
Market Revenue (US$ Mn) and Volume (Tons) Estimates and Forecasts, by Application
Method, 2019 to 2033
6.1.1.Dip
Coating
6.1.2.Brushing
6.1.3.Roll
Coating
6.1.4.Spraying
6.1.5.Others
7. Global Hydrophobic
Coatings Market Estimates & Forecast Trend Analysis, by Function
7.1.
Global Hydrophobic Coatings
Market Revenue (US$ Mn) and Volume (Tons) Estimates and Forecasts, by Function,
2019 to 2033
7.1.1.Anti-Corrosion
7.1.2.Anti-Microbial
7.1.3.Anti-Fouling
7.1.4.Anti-Icing/Wetting
7.1.5.Self-Cleaning
7.1.6.Others
8. Global Hydrophobic
Coatings Market Estimates & Forecast Trend Analysis, by End-user
8.1.
Global Hydrophobic Coatings
Market Revenue (US$ Mn) and Volume (Tons) Estimates and Forecasts, by End-user,
2019 to 2033
8.1.1.Automotive
8.1.2.Electronics
8.1.3.Building
& Construction
8.1.4.Marine
8.1.5.Textiles
8.1.6.Healthcare
8.1.7.Aerospace
8.1.8.Oil
& Gas
8.1.9.Food
& Beverages
8.1.10.
Others
9. Global Hydrophobic
Coatings Market Estimates & Forecast Trend Analysis, by Region
9.1.
Global Hydrophobic Coatings
Market Revenue (US$ Mn) and Volume (Tons) Estimates and Forecasts, by Region, 2019
to 2033
9.1.1.North
America
9.1.2.Europe
9.1.3.Asia
Pacific
9.1.4.Middle East & Africa
9.1.5.South
America
10. North America Hydrophobic Coatings Market:
Estimates & Forecast Trend Analysis
10.1. North America Hydrophobic Coatings Market Assessments & Key
Findings
10.1.1.
Hydrophobic Coatings Market
Introduction
10.1.2.
Hydrophobic Coatings Market Size
Estimates and Forecast (US$ Million & Tons) (2019 to 2033)
10.1.2.1.
By Product
10.1.2.2.
By Substrate Type
10.1.2.3.
Bu Function
10.1.2.4.
By Application Method
10.1.2.5.
By Coating Layer
10.1.2.6.
By End-user
10.1.2.7.
By Country
10.1.2.7.1. The U.S.
10.1.2.7.2. Canada
10.1.2.7.3. Mexico
11. Europe Hydrophobic Coatings Market:
Estimates & Forecast Trend Analysis
11.1. Europe Hydrophobic Coatings Market Assessments & Key Findings
11.1.1.
Hydrophobic Coatings Market
Introduction
11.1.2.
Hydrophobic Coatings Market Size
Estimates and Forecast (US$ Million & Tons) (2019 to 2033)
11.1.2.1.
By Product
11.1.2.2.
By Substrate Type
11.1.2.3.
Bu Function
11.1.2.4.
By Application Method
11.1.2.5.
By Coating Layer
11.1.2.6.
By End-user
11.1.2.7.
By Country
11.1.2.7.1. Italy
11.1.2.7.2. Germany
11.1.2.7.3. U.K.
11.1.2.7.4. France
11.1.2.7.5. Spain
11.1.2.7.6. Rest of Europe
12. Asia Pacific Hydrophobic Coatings Market:
Estimates & Forecast Trend Analysis
12.1. Asia Pacific Market Assessments & Key Findings
12.1.1.
Hydrophobic Coatings Market
Introduction
12.1.2.
Hydrophobic Coatings Market Size
and Volume Estimates and Forecast (US$ Million & Tons) (2019 to 2033)
12.1.2.1.
By Product
12.1.2.2.
By Substrate Type
12.1.2.3.
Bu Function
12.1.2.4.
By Application Method
12.1.2.5.
By Coating Layer
12.1.2.6.
By End-user
12.1.2.7.
By Country
12.1.2.7.1. China
12.1.2.7.2. Japan
12.1.2.7.3. India
12.1.2.7.4. Australia
12.1.2.7.5. South Korea
12.1.2.7.6. ASEAN
12.1.2.7.7. Rest of Asia Pacific
13. Middle East & Africa Hydrophobic Coatings Market: Estimates & Forecast Trend Analysis
13.1. Middle East & Africa Market Assessments & Key Findings
13.1.1.
Hydrophobic Coatings Market
Introduction
13.1.2.
Hydrophobic Coatings Market Size
and Volume Estimates and Forecast (US$ Million & Tons) (2019 to 2033)
13.1.2.1.
By Product
13.1.2.2.
By Substrate Type
13.1.2.3.
Bu Function
13.1.2.4.
By Application Method
13.1.2.5.
By Coating Layer
13.1.2.6.
By End-user
13.1.2.7.
By Country
13.1.2.7.1. U.A.E.
13.1.2.7.2. Saudi Arabia
13.1.2.7.3. Egypt
13.1.2.7.4. South Africa
13.1.2.7.5. Rest of Middle East & Africa
14. South America Hydrophobic Coatings Market:
Estimates & Forecast Trend Analysis
14.1. South America Market Assessments & Key Findings
14.1.1.
Hydrophobic Coatings Market
Introduction
14.1.2.
Hydrophobic Coatings Market Size
and Volume Estimates and Forecast (US$ Million & Tons) (2019 to 2033)
14.1.2.1.
By Product
14.1.2.2.
By Substrate Type
14.1.2.3.
Bu Function
14.1.2.4.
By Application Method
14.1.2.5.
By Coating Layer
14.1.2.6.
By End-user
14.1.2.7.
By Country
14.1.2.7.1. Brazil
14.1.2.7.2. Argentina
14.1.2.7.3. Colombia
14.1.2.7.4. Rest of South America
15.
Competition Landscape
15.1. Hydrophobic Coatings Market Competition Matrix & Benchmarking,
by Leading Players / Innovators / Emerging Players / New Entrants
15.2. Hydrophobic Coatings Market Competition Regional Intensity Map Analysis,
By Geographies Served
15.3. Hydrophobic Coatings Market Concentration & Company Market
Shares (%) Analysis, 2022
16.
Company Profiles
16.1.
BASF SE
16.1.1.
Company Overview & Key
Stats
16.1.2.
Financial Performance &
KPIs
16.1.3.
Product Portfolio
16.1.4.
Business Strategy & Recent
Developments
*
Similar details would be provided for all the players mentioned below
16.2.
3M
16.3.
Nippon
Paint Holdings Co., Ltd.
16.4.
Akzo Nobel
N.V.
16.5.
PPG
Industries, Inc.
16.6.
Aculon
16.7.
Advanced
Nanotech Lab
16.8.
ALLEGIANCE
NANOSOLUTIONS
16.9.
Artekya
Teknoloji
16.10.
CYTONIX,
LLC
16.11.
Lotus Leaf
Coatings, Inc.
16.12.
Nanokote
16.13.
NEI
Corporation
16.14.
NOANIX
16.15.
Others**
17.
Research Methodology
17.1.
External Power
Outputs / Databases
17.2.
Internal
Proprietary Database
17.3.
Primary
Research
17.4.
Secondary
Research
17.5.
Assumptions
17.6.
Limitations
17.7.
Report
FAQs
18. Research Findings & Conclusion
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Global Hydrophobic Coatings market was valued at USD 2,042.6 Million in 2022 and is estimated to reach value of 3,877.6 million by 2033.
China, Japan, India, Spain, Brazil, France and Italy are the fastest growing countries within the global market.
AkzoNobel, PPG Industries, and BASF are the top 3 companies in the market.
Only Four Thousand Two Hundred Fifty US dollar
Only Five Thousand Two Hundred Fifty US dollar
Only Six Thousand Two Hundred Fifty US dollar