Press release
Sales Of Hydrophobic Coatings Are Projected To Rise At A CAGR Of Over 5% During 2021 - 2031
Fact.MR's projections on the global hydrophobic coatings market reveal a positive albeit modest outlook, with an anticipated CAGR of above 5% across the 2021-2031 forecast period.Increased demand for waterproof automobile coatings as well as technological advancements that allow nanoparticles to be incorporated into hydrophobic coatings because of their superior durability and huge surface area will boost the industry's size.
The Asia Pacific region is a significant shareholder in the global market, accounting for around 1/3 of overall market revenue in 2020. Due to rising usage in marine, aerospace, automotive, and building & construction industries, as well as abrasion, water resistant, corrosion resistant, organic and inorganic pollutant defiant properties, hydrophobic coatings are witnessing growth in terms of adoption rate, especially in in developing regions.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐:
https://www.factmr.com/connectus/sample?flag=S&rep_id=6394
๐๐ฒ๐ ๐ง๐ฎ๐ธ๐ฒ๐ฎ๐๐ฎ๐๐ ๐ณ๐ฟ๐ผ๐บ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐๐๐ฑ๐
โข Sales of hydrophobic coatings to reach 14 thousand tons by 2031
โข The market in the U.S. is estimated to witness sales of 2.9 thousand tons in 2021
โข Competitive intelligence of leading manufacturers and distributors highlights the competitive scenario across geographies.
โข The concrete segment, under classification, is projected to record above 4% CAGR through 2031
โข The market in Asia Pacific is forecast to witness sales of 2 thousand tons by 2031
"Hydrophobic coatings are used in a variety of industries, including construction, aerospace, automotive, and medicine. The market will expand steadily over the years as construction and automotive industries in developing economies increase output in parallel to the expansion and growth of various sectors," says a Fact.MR analyst.
๐ช๐ต๐ถ๐ฐ๐ต ๐๐ฎ๐ฐ๐๐ผ๐ฟ๐ ๐ฎ๐ฟ๐ฒ ๐ฆ๐๐ถ๐บ๐๐น๐ฎ๐๐ถ๐ป๐ด ๐๐ฒ๐บ๐ฎ๐ป๐ฑ ๐ณ๐ผ๐ฟ ๐๐๐ฑ๐ฟ๐ผ๐ฝ๐ต๐ผ๐ฏ๐ถ๐ฐ ๐๐ผ๐ฎ๐๐ถ๐ป๐ด๐?
Biocompatible, lubricious, nonchromogenic, and abrasion-resistant, hydrophobic coatings are used in a variety of applications. As medical devices are polluted with tissue waste or fluids, these materials are employed in diagnostic equipment, surgical tools, and appliances to keep them safe for extended periods of time, as such, increasing demand for the product.
The unique properties of hydrophobic coatings, such as low ice adhesion, low wettability, high strength, and UV resistance, are likely to drive market expansion over the forecast period.
๐๐ฒ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ ๐๐ผ๐๐ฒ๐ฟ๐ฒ๐ฑ ๐ถ๐ป ๐๐๐ฑ๐ฟ๐ผ๐ฝ๐ต๐ผ๐ฏ๐ถ๐ฐ ๐๐ผ๐ฎ๐๐ถ๐ป๐ด๐ ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐๐ป๐ฎ๐น๐๐๐ถ๐
Classification
โข Metal Hydrophobic Coatings
โข Glass Hydrophobic Coatings
โข Concrete Hydrophobic Coatings
โข Polymer Hydrophobic Coatings
Application
โข Automotive Hydrophobic Coatings
โข Aerospace Hydrophobic Coatings
โข Medical Hydrophobic Coatings
โข Building & Construction Hydrophobic Coatings
โข Marine Hydrophobic Coatings
โข Textiles Hydrophobic Coatings
๐ช๐ต๐ฎ๐ ๐ฎ๐ฟ๐ฒ ๐๐ต๐ฒ ๐ข๐ฝ๐ฝ๐ผ๐ฟ๐๐๐ป๐ถ๐๐ถ๐ฒ๐ ๐ณ๐ผ๐ฟ ๐๐๐ฑ๐ฟ๐ผ๐ฝ๐ต๐ผ๐ฏ๐ถ๐ฐ ๐๐ผ๐ฎ๐๐ถ๐ป๐ด ๐ ๐ฎ๐ป๐๐ณ๐ฎ๐ฐ๐๐๐ฟ๐ฒ๐ฟ๐ ๐ถ๐ป ๐๐ต๐ฒ ๐จ๐ป๐ถ๐๐ฒ๐ฑ ๐ฆ๐๐ฎ๐๐ฒ๐?
The United States accounted for around 20% of worldwide market share due to enormous manufacturing levels of end-user products such as aircraft, auto, and medical equipment. Emerging technology has had a big impact in the country. As a result, hydrophobic coatings position in market is expected to be robust, positively impacting the industry.
๐๐ฎ๐๐ฒ๐ด๐ผ๐ฟ๐-๐๐ถ๐๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐๐
๐ช๐ต๐ ๐ฎ๐ฟ๐ฒ ๐๐ผ๐ป๐ฐ๐ฟ๐ฒ๐๐ฒ ๐ฆ๐๐ฏ๐๐๐ฟ๐ฎ๐๐ฒ๐ ๐ผ๐ณ ๐๐๐ฑ๐ฟ๐ผ๐ฝ๐ต๐ผ๐ฏ๐ถ๐ฐ ๐๐ผ๐ฎ๐๐ถ๐ป๐ด๐ ๐๐ต๐ฒ ๐ ๐ผ๐๐ ๐ฆ๐ผ๐๐ด๐ต๐-๐ฎ๐ณ๐๐ฒ๐ฟ?
Due to rise of the building & construction sector, the concrete substrate segment is expected to experience the highest CAGR of around 6% throughout the forecast period. Concrete is coated with hydrophobic coatings to prevent expansion, cracking, scaling, and crumbling.
By increasing the angle of contact between water droplets and the concrete surface, these hydrophobic coatings preserve the concrete surface for longer periods of time.
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=6394
๐ช๐ต๐ ๐๐ผ ๐๐๐ฑ๐ฟ๐ผ๐ฝ๐ต๐ผ๐ฏ๐ถ๐ฐ ๐๐ผ๐ฎ๐๐ถ๐ป๐ด๐ ๐ช๐ถ๐๐ป๐ฒ๐๐ ๐๐ถ๐ด๐ต ๐๐ฒ๐บ๐ฎ๐ป๐ฑ ๐ณ๐ฟ๐ผ๐บ ๐๐ต๐ฒ ๐ ๐ฒ๐ฑ๐ถ๐ฐ๐ฎ๐น ๐๐ป๐ฑ๐๐๐๐ฟ๐?
Medical device manufacturers are prominent users of hydrophilic coatings. This is due to the fact that hydrophilic coatings on medical equipment result in a uniformly moist and lubricated surface. In comparison to an uncoated device surface, the coating also aids in the decrease of surface friction.
Demand for catheters and guidewires has been steadily expanding due to continued medical device innovation and technological advancements. As a result, the need for hydrophilic coatings has surged in the medical sector, giving the industry a boost.
As a result of increased manufacturing of medical devices, demand for hydrophilic coatings in the medical device industry is expected to rise significantly throughout the forecast period.
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ
The hydrophobic coatings landscape witnessing numerous mergers and acquisitions. Many new market competitors have entered the business in addition to organizations that are already operating in this space. R&D spending is being done to introduce new technologies into the mainstream market. Presence of a multitude of players renders the landscape quite fragmented.
Fact.MR's hydrophobic coatings industry research includes the profiles of key manufacturers such as BASF SE, 3M, PPG Industries, Abrisa Technologies, Advanced Industrial Coatings, NEI Corporation, Prelco, Nippon Paint, Aculon, and Drywired.
โข In 2017, NBD Nanotechnologies launched a new coating solution, InvisiPrint, which makes fingerprints invisible on metal and glass surfaces. The product will assist manufacturers in meeting consumer demand for a solution to lessen the look of fingerprints on electronic displays, car interiors, bathroom faucets, and kitchen appliances. InvisiPrint is a coating that is both, oleophilic and hydrophobic in nature.
โข In July 2018, GKN Aerospace established a new hydrophobic coating for cockpit glass at its transparencies center of excellence in Garden Grove, California. Rain shedding in-flight/ground activity is provided by a permanent surface treatment that greatly enhances resistance to surface abrasion.
โข In March 2018, NEI Corporation introduced the UV-Protect (UVP) technology to develop upgraded versions of its successful NANOMYTEยฎ coating products, to deliver unique features in coatings with unrivalled endurance. Hydrophobicity, oleophobicity, self-healing, fog resistance, scratch resistance, anti-icing, self-cleaning, and anti-corrosion are all features of the NANOMYTEยฎ line of surface treatments and protective coatings.
โข In March 2019, PPG announced that it had completed the acquisition of Whitford Worldwide Business, an international supplier of low-friction and non-stick coatings for industrial and consumer items.
โข Aculon Inc. and Henkel Company struck a strategic collaboration agreement in October 2018 to bring NanoProofยฎ PCB Waterproof Technologies to key mobile device manufacturers.
๐๐ฒ๐ ๐ฃ๐ผ๐ถ๐ป๐๐ ๐๐ผ๐๐ฒ๐ฟ๐ฒ๐ฑ ๐ถ๐ป ๐๐๐ฑ๐ฟ๐ผ๐ฝ๐ต๐ผ๐ฏ๐ถ๐ฐ ๐๐ผ๐ฎ๐๐ถ๐ป๐ด๐ ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ฆ๐๐ฟ๐๐ฒ๐:
โข Market Estimates and Forecasts (2016-2031)
โข Key Drivers and Restraints Shaping Market Growth
โข Segment-wise, Country-wise, and Region-wise Analysis
โข Competition Mapping and Benchmarking
โข Brand Share and Market Share Analysis
โข Key Product Innovations and Regulatory Climate
โข COVID-19 Impact on Hydrophobic Coatings and How to Navigate
โข Recommendation on Key Winning Strategies
๐๐ผ๐ฟ ๐ ๐ผ๐ฟ๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐๐:
http://www.prnewswire.com/news-releases/veterinary-ophthalmic-equipment-market-growth-banking-on-cataract--glaucoma-treatment-advances-for-animals-factmr-301244594.html
https://www.prnewswire.com/news-releases/blood-collection-tubes-for-liquid-biopsy-sales-set-to-grow-at-12-through-2021-factmr-301245568.html
http://www.prnewswire.com/news-releases/what-does-construction-recovery-mean-for-polyaspartic-coatings-demand-factmr-study-reveals-301246372.html
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