Press release
Hydrophobic Coatings Market Size and Share: Projected to Reach USD 3.0 Billion by 2030, Growing at 4.2% CAGR
A new report by Allied Market Research, titled "Hydrophobic Coatings Market by Material, Fabrication Method, Application, and Region - Global Opportunity Analysis and Industry Forecast, 2021-2030", reveals that the global hydrophobic coatings market was valued at $2.0 billion in 2020 and is projected to reach $3.0 billion by 2030, growing at a CAGR of 4.2% from 2021 to 2030.Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/1726
Key Highlights:
- Building & Construction remains the largest application segment, expected to grow at a CAGR of 7.0% in terms of value.
- Asia-Pacific held the largest market share in 2015, with China and India as major contributors.
- U.S. leads the North American market, projected to grow at a 6.0% CAGR by value.
- Polysiloxane-based coatings are set to witness the highest CAGR of 6.4% during the forecast period.
Market Drivers
The demand for hydrophobic coatings is being driven by their superior properties, such as:
- Water, corrosion, and abrasion resistance
- Biofouling and pollutant resistance
- Self-cleaning capabilities
- Easy application on complex geometries across glass, metal, wood, and plastic surfaces
However, the market faces challenges related to long-term maintenance instability, which can hinder broader adoption.
Dominant Application Areas:
Building & Construction: Held 25% share in 2015; remains the top contributor due to increasing urbanization and demand for weather-resistant coatings.
Automotive: Accounted for around 20% share in 2015; continues to grow due to applications in windshield and exterior protection.
Growth Opportunity:
"The preparation process of hydrophobic coatings requires minimal technical expertise, leading to a high threat of forward integration by raw material suppliers."
Recent Market Development:
In April 2016, NEI Corporation launched NANOMYTE SAF-100, a durable anti-fog coating offering oil, scratch, and corrosion resistance. This product expanded the company's portfolio and reinforced its market standing.
Key Market Players:
- 3M
- BASF SE
- Abrisa Technologies
- Aculon
- NEI Corporation
- P2i
- DuPont
- DryWired
- Accucoat Inc.
- Nanex Company
- Oerlikon Metco Inc.
Obtain Report Details: https://www.alliedmarketresearch.com/hydrophobic-coatings-market
Contact:
David Correa
United States
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Corporation Trust Center,
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Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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