Hydrophobic Coatings Market |Key Players are Nanex Company, 3M, BASF SE, Abrisa Technologies

Hydrophobic coatings are thin sheets of waterproof constituents on substrates and are also called water-repellent coatings, as they offer superior resistance to water. Hydrophobic coatings find wide applications across various sectors such as building and construction, aerospace, automotive, and medical. Automotive and building & construction sectors are the major growth engines of the market.

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Hydrophobic coatings offer excellent physical attributes such as abrasion, corrosion and water resistance, stability against inorganic, and organic pollutants, bio-fouling, and ability of self-cleanliness. This increases their adoption across various industries. Moreover, they are easy to apply to any kind of substrate, widening their applications across a wide range of diverse industries such as automotive, marine, building & construction, and aerospace.

Hydrophobic coatings offer great water resistance for glass components during heavy rains and hence, they are likely to gain an increasing traction for application in car displays and windows thereby, boosting growth of the global hydrophobic coatings market. Medical devices used in vascular, endovascular and neurological procedures usually have a hydrophobic coating applied, so as to reduce friction between the device and blood vessels. Increasing number of surgeries worldwide, supported by growing production of medical devices, is further augmenting growth of the market.

The geographical coverage for global hydrophobic coatings market includes North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Asia-Pacific accounted for the maximum share in the global market in 2015 and is expected to retain its dominance throughout the forecast period. This is mainly attributed to rampant growth of various end user industries such as building & construction and automotive in the region, backed by supportive government initiatives such as tax rebates part of the Make in India campaign by the Indian government.

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The major players operating in global hydrophobic coatings market include Nanex Company, 3M, BASF SE, Abrisa Technologies, Aculon, NEI Corporation, P2I, DuPont, DryWired, Accucoat Inc., Nanex Company, and Oerlikon Metco Inc.

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