The Hydrophobic Coatings Global Market Report 2023, provides comprehensive information on the hydrophobic coatings market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Hydrophobic Coatings Global Market Report 2023, the market size is expected to grow from $1.74 billion in 2022 to $1.86 billion in 2023 at a compound annual growth rate (CAGR) of 6.73%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global hydrophobic coating market size is expected to reach $2.49 billion in 2027 at a CAGR of 7.62%.
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Product innovation is the key trend gaining popularity in the hydrophobic coatings market. Major players in the hydrophobic coatings market are focusing on producing innovative products to strengthen their market position. For instance, in July 2020, PPG Industries, Inc., a US-based global supplier of paints, coatings, and specialty materials, launched PG Surface Seal Hydrophobic Coating. PPG Surface Seal Hydrophobic Coating is a rain- and water-shedding coating method for glass and anti-static-coated glass windscreens. The recently created solution is EPA and REACH certified, resistant to ultraviolet (UV) radiation, and compatible with the majority of cleaning and maintenance fluids used in aerospace. This device improves pilot sight in wet weather, and if used as a replacement for a windscreen-wiping system, Surface Seal can increase an aircraft’s fuel efficiency through weight reduction and aerodynamic enhancement.
The hydrophobic coatings market is segmented:
1) By Product: Polysiloxanes, Fluoro-Aklylsilanes, Fluoropolymers, Titanium Dioxide, Other Products
2) By Function: Anti-Microbial, Anti-Icing, Antifouling, Anti-Corrosion, Self Cleaning
3) By Fabrication Method: Chemical Vapor Deposition, Phase Separation, Sol-Gel Process, Electro Spinning And Etching
4) By Application Method: Dip-Coating, Brushing, Roll Coating, Spraying, Other Application
5) By End-User: Automotive, Electronics, Building And Construction, Marine, Textiles, Healthcare, Aerospace, Oil And Gas, Food And Beverages, Other End-Users
Asia-Pacific was the largest region in the hydrophobic coatings market in 2022.
The table of contents in TBRC’s hydrophobic coatings market report includes:
1. Executive Summary
2. Hydrophobic Coatings Market Characteristics
3. Hydrophobic Coatings Market Trends And Strategies
4. Hydrophobic Coatings Market – Macro Economic Scenario
5. Hydrophobic Coatings Market Size And Growth
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26. Africa Hydrophobic Coatings Market
27. Hydrophobic Coatings Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Hydrophobic Coatings Market
29. Hydrophobic Coatings Market Future Outlook and Potential Analysis
30. Appendix
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