Press release
Superhydrophobic Coating Market Research Report 2020 | Top key Players - Aculon, CYTONIX, LLC, NEI Corporation, NTT Advanced Technology Corporation, UltraTech International Inc., Rust-Oleum
Growing infrastructure sector across the world will render a positive impact on superhydrophobic coatings market in the near future. Hydrophobic substance is essentially defined as a water repellent or a substance that fails to mix with water. Coatings which provide a hydrophobic or superhydrophobic surface tend to offer various advantages on substrates that they are applied to.Superhydrophobic coatings exhibit properties like self-cleanability, corrosion resistance, high dirt retention, enhanced moisture and an extended life expectancy of both coatings and substrates. The hydrophobicity of the coatings enables easy cleaning of deposits and residual left by water wherein oil or even dirt cannot smudge or stick to the surface.
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The coatings offer double benefits as they are known to be oleophobic which will only require an absorbent paper or a pass of clean cloth to merely clean a surface. Superhydrophobic surfaces tend to act largely as a corrosion barrier as corrosion usually results in shutting down of industrial plants, reduces efficiency, contaminates product and causes waste of valuable resources.
Globally, superhydrophobic coating market size is poised to garner substantial growth owing to rising construction activities across the globe with the growing urban population. These coatings are used in several materials used for building. Concrete depicts an intrinsic porous structure and can be damaged by freeze-thaw cycles and corrosion, leading to a deterioration of concrete strength and durability as well as bring about safety issues.
Top key Players -
o Aculon,
o CYTONIX
o LLC
o NEI Corporation
o NTT Advanced Technology Corporation
o UltraTech International Inc.
o Rust-Oleum
Engineers have largely been opting for superhydrophobic coatings for construction activities as well as transmission lines wherein the deposition of snow, ice, pollution and their mixtures on outdoor insulators that shall affect the performance, leading to mechanical and electrical failures.
Growing infrastructure sector in the Middle East will be key driver expanding the consumption og superhydrophobic coatings. For instance, Kuwait had introduced the New Kuwait 2035 Development Plan that aims to move towards increased private participation within the real-estate as well as construction market to contribute to the diversified economy.
Kuwait will be investing about $39 billion in energy projects while 36% of it shall be directed to infrastructure sectors like regional and causeway roads, highway projects and airport expansion. Different companies have also been making investments in the infrastructure sector that will benefit superhydrophobic coating industry players substantially.
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Asian countries like China, India, Thailand and Singapore have also become key areas for construction investments. Superhydrophobic coatings are largely applied to plastic, paint, metal and any other hard substrate to form a protective barrier. They are used in cars as they form abrasion resistance with high bonding properties and generates a thin and transparent coating that exhibits high impact strength and flexibility.
The European Union had produced about 19.2 million motor vehicles in 2018, accounting for nearly 20% of the 98.1 million produced across the world. The demand for automobiles has only been increasing over the years which has been creating a positive scenario for superhydrophobic coatings consumption.
Hydrophobicity has been considered as an important factor to be used in any automotive sealant. Rain carries chemical, environmental and industrial contaminants that tend to stick to automotive surfaces. Superhydrophobic coatings helps water roll away and makes washing easier while leaving surfaces less contaminated.
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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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