Hydrophobic Coatings Market Size, Trends and Insights By Type (Polysiloxanes, Fluoro Alkylsilanes, Fluoropolymers, Others), By Application (Building & Construction, Automotive, Aerospace, Electronics, Textile, Food & Packaging, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
Study Period: | 2024-2033 |
Fastest Growing Market: | Asia-Pacific |
Largest Market: | Europe |
Major Players
- 3M
- DuPont
- Aculon Inc.
- BASF SE
- P2i
- Others
Reports Description
According to Custom Market Insights (CMI), The Global Hydrophobic Coatings Market size was estimated at USD 2.6 billion in 2021 and is expected to reach USD 2.8 billion in 2022 and is expected to hit around USD 3.56 billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 4.5% from 2022 to 2030.
Hydrophobic coatings are also identified as waterproof coatings. Generally, hydrophobic coatings are ultra-tiny layers of superhydrophobic material that help protect the painted surfaces from external factors such as dust, moisture, rain, corrosion, and others. Hydrophobic coatings possess various properties, such as resistance to water, chemical, UV, colour, and gloss. Owing to these properties, it has a wide range of applications in various end-use industries, including automotive, textile, building & construction, aerospace, medical, and others.
Growth Factors.
The growing use of hydrophobic coatings in the building & construction sectors will aid market growth.
Increasing demand from the building & construction sector is one of the key factors responsible for the global hydrophobic coatings market growth. Hydrophobic coatings are preferred over conventional coating materials due to their low volatile organic content and water retention capacity.
Hydrophobic coatings are used extensively in construction as they are resistant to corrosion, water, chemical spill, and others. For instance, according to an article published by Invest India in the year July 2022, the construction industry is expected to reach $1.4 trillion by 2025. In response, polysiloxane-based hydrophobic coatings are used predominantly in the building infrastructure to protect them against corrosion, acid rains, chemical spills, etc. These factors are anticipated to increase the demand for hydrophobic coatings in the construction sector.
Furthermore, proliferating growth of the automotive sector has witnessed significant growth in the hydrophobic coatings market. The growing adoption of automotive displays, human-machine interfaces, and automated systems are being embedded in luxurious cars by several key manufacturer players, including TATA Motors, Mahindra, Hyundai, Tesla, Ford, Audi, and others. Waterproof coatings are majorly employed for longer durability, self-healing, hardness, and self-cleaning applications. These coatings possess properties such as thermal insulation, anti-fingerprint, corrosion resistance, and others. Thus, the growth of the automotive sector will drive the demand for hydrophobic coatings in the upcoming years.
Hydrophobic coatings market segmentation.
Hydrophobic coatings Market, segmented by Type
Depending upon the types, the hydrophobic coatings market is segmented into polysiloxanes, fluoro alkylsilanes, fluoropolymers, and others.
The polysiloxanes segment dominated the market in 2021 and is expected to grow over the forecast period. Polysiloxaneshydrophobic coatings are extensively used in the building materials, automotive, electronics, medical devices, and household (primarily in the bathroom) sectors whereas, waterproof coatings are used in wooden furniture to protect the wood from fungal infections especially caused due to Aspergillus Niger.
In addition, the growing global population, change in lifestyle, and increased focus on hygienic activities have enhanced the demand for hydrophobic coatings, which are extensively used in the medical sector, household appliances, and commercial & residential sectors. These factors are escalating the demand for hydrophobic coatings during the forecast period.
Furthermore, the fluoro alkylsilanes segment will show a significant growth rate during the forecast period. The fluoro alkyl silanes hydrophobic coatings are majorly used in the medical devices sector as these hydrophobic coatings are waterproof and possess antimicrobial property, which is extensively used in research purposes in various chemical laboratories. These factors are collectively boosting the market growth in the upcoming years.
- Hydrophobic coatings Market, a segment based on the Application
Based on Application, the global hydrophobic coatings market is studied across building& construction, automotive, aerospace, electronics, textile, food & packaging, and others. It is expected that the global building & construction application segment to hold a dominant position during 2022 -2031.
Building & construction dominates the hydrophobic coatings market and is expected to remain the dominant segment during the forecast period. Hydrophobic coatings are considered high-performance materials widely employed in construction to protect the infrastructure from UV radiation, sunlight, corrosion, and other factors. Mainly photocatalytic and hydrophobic coatings are used in buildings & exteriors to protect the substrate from UV radiations and moisture. These factors are escalating the growth of the hydrophobic coatings market.
Furthermore, the automotive and aerospace segment is expected to create the most lucrative Application for the hydrophobic coatings market. The demand for hydrophobic coatings is increasing owing to consumers increasing demand for various car and auto components requirements. Hydrophobic coatings are increasingly implemented to mass-produce electronic devices and auto components.
Report Scope
Feature of the Report | Details |
Market Size in 2021 | USD 2.6 Billion |
Projected Market Size in 2030 | USD 3.56 Billion |
CAGR Growth Rate | 4.5% CAGR (2022-2030) |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Prominent Players | 3M, DuPont, Aculon Inc., BASF SE, P2i, ABRISA TECHNOLOGIES, NEI Corporation, DRYWIRED, ACCUCOAT INC., OerlikonMetco (US) Inc, NANEX COMPANY, NeverWet, Hdromer Inc, Corning Incorporated, Applied Medical Coatings, and Others |
Key Segment | By Type, Application, and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfill your requirements for research. |
Regional Insights
Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is the dominant region in the hydrophobic coatings market. Hydrophobic coatings have increased in sectors such as building & construction, automotive, electronics, and other key market trends in the Asia-Pacific region.
The building & construction sector is one of the booming sectors in the Asia-Pacific region. For instance, according to an article published by Invest India in August 2022, the construction Industry in India is expected to reach $1.4 Tn by 2025 due to a robust increase in the urban population which will significantly enhance the demand for hydrophobic coatings, where it gives protection to infrastructure during the uncertain weather conditions. It is also used for protecting the windows & doors; floor slab surfaces from rain, moisture, UV radiation, and others.
Moreover, China is the world’s topmost producer of electric vehicles, where hydrophobic coatings are widely employed in sealing systems, interior roof panels, and other automotive parts as a glassifying agent and anti-corrosion agent, which propel the market growth.
In addition, countries such as Japan and Taiwan are constantly engaged in expanding their electrical & automation manufacturing output, where hydrophobic coatings are widely employed as a protecting material in various electrical & electronic products. For instance, according to a report published by Hennessy Funds, Japan accounts for around 30% market for supplying factory automation products in the world. These factors are escalating the demand for hydrophobic coatings in the Asia-Pacific region.
Also, the region has well established in the medical sector, where demand for hydrophobic coatings has increased in the manufacturing sector of medical devices and especially in the research field, where waterproof coating is used extensively.
The Europe region has shown considerable growth due to the strong presence of top automobile manufacturers such as BMW, Mercedes-Benz, Porsche, Audi, and Volkswagen that are consistently adding value by producing desirable and attractive cars where anti-corrosion and conductive hydrophobic coatings are used in sealing systems to enhance the aerodynamics of vehicles.
This North American region is also anticipated to maintain its dominance throughout the forecast period. Countries such as the U.S., Canada, and Mexico have significantly contributed to the growth of the hydrophobic coatings market in the region.
Key factors for the growth in the North American region are growing nuclear power plants, automotive, electronics, medical, army, defence sectors, and other end-use industries where hydrophobic coatings are used as antimicrobial, self-cleaning, antifouling, anti-corrosion, and others.
Key Players
- 3M
- DuPont
- Aculon Inc.
- BASF SE
- P2i
- ABRISA TECHNOLOGIES
- NEI Corporation
- DRYWIRED
- ACCUCOAT INC.
- OerlikonMetco (US) Inc
- NANEX COMPANY
- NeverWet
- Hdromer Inc
- Corning Incorporated
- Applied Medical Coatings
Recent Development
- 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.
- July 2018 – GKN Aerospace established a new hydrophobic coating for cockpit glass at its transparencies centre of excellence in Garden Grove, California. Rain shedding in-flight/ground activity is provided by a permanent surface treatment that significantly enhances resistance to surface abrasion.
- March 2018 – NEI Corporation introduced the UV-Protect (UVP) technology to develop upgraded versions of its successful NANOMYTE® 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 NANOMYTE® line of surface treatment protective coatings.
COVID-19 Analysis
The novel coronavirus is an incomparable global pandemic that has spread to over 180 countries and caused huge losses of lives and the economy around the globe. The guidelines and policies of the logistics and supply chain of the hydrophobic coatings products were affected remarkably.
In addition, the falling income of customers has led to a contraction in the demand for hydrophobic coatings products from the construction, textile, automotive, electronics, aerospace, and other end-use industries during the COVID-19 period. The COVID-19 pandemic has negatively affected the overall market and supply chain. In the first quarter of COVID-19, there is a complete shutdown of transportation, logistics & supply chain activity, and manufacturing activities hampered the hydrophobic coatings market growth in April 2020. Moreover, declining sales in the automotive sector during 2020 have halted the growth of the hydrophobic coatings market. However, the vaccination programs and lifting of lockdowns are expected to propel the hydrophobic coatings market growth in 2021.
In addition, as the restrictions imposed due to lockdowns are being lifted in the fourth quarter of the pandemic, the building & construction, automotive, aerospace, electronics, and, the manufacturing sector is expected to recover soon owing to the record of hydrophobic coatings production unit in both developed and developing economies.
Segments covered in the report
By Type
- Polysiloxanes
- Fluoro Alkylsilanes
- Fluoropolymers
- Others
By Application
- Building & Construction
- Automotive
- Aerospace
- Electronics
- Textile
- Food & Packaging
- Others
On the basis of Geography
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Hydrophobic Coatings Market, (2022 – 2030) (USD Billion)
- 2.2 Global Hydrophobic Coatings Market : snapshot
- Chapter 3. Global Hydrophobic Coatings Market – Industry Analysis
- 3.1 Hydrophobic Coatings Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Use Of Hydrophobic Coatings In The Building & Construction Sectors
- 3.2.2 Increasing Demand From The Building & Construction Sector
- 3.2.3 Proliferating Growth Of The Automotive Sector
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Type
- 3.7.2 Market attractiveness analysis By Application
- Chapter 4. Global Hydrophobic Coatings Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Hydrophobic Coatings Market: company market share, 2021
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Hydrophobic Coatings Market – Type Analysis
- 5.1 Global Hydrophobic Coatings Market overview: By Type
- 5.1.1 Global Hydrophobic Coatings Market share, By Type, 2021 and 2030
- 5.2 Polysiloxanes
- 5.2.1 Global Hydrophobic Coatings Market by Polysiloxanes, 2022 – 2030 (USD Billion)
- 5.3 Fluoro Alkylsilanes
- 5.3.1 Global Hydrophobic Coatings Market by Fluoro Alkylsilanes, 2022 – 2030 (USD Billion)
- 5.4 Fluoropolymers
- 5.4.1 Global Hydrophobic Coatings Market by Fluoropolymers, 2022 – 2030 (USD Billion)
- 5.1 Global Hydrophobic Coatings Market overview: By Type
- Chapter 6. Global Hydrophobic Coatings Market – Application Analysis
- 6.1 Global Hydrophobic Coatings Market overview: By Application
- 6.1.1 Global Hydrophobic Coatings Market share, By Application, 2021 and 2030
- 6.2 Building & Construction
- 6.2.1 Global Hydrophobic Coatings Market by Building & Construction, 2022 – 2030 (USD Billion)
- 6.3 Automotive
- 6.3.1 Global Hydrophobic Coatings Market by Automotive, 2022 – 2030 (USD Billion)
- 6.4 Aerospace
- 6.4.1 Global Hydrophobic Coatings Market by Aerospace, 2022 – 2030 (USD Billion)
- 6.5 Electronics
- 6.5.1 Global Hydrophobic Coatings Market by Electronics, 2022 – 2030 (USD Billion)
- 6.6 Textile
- 6.6.1 Global Hydrophobic Coatings Market by Textile, 2022 – 2030 (USD Billion)
- 6.7 Food & Packaging
- 6.7.1 Global Hydrophobic Coatings Market by Food & Packaging, 2022 – 2030 (USD Billion)
- 6.1 Global Hydrophobic Coatings Market overview: By Application
- Chapter 7. Hydrophobic Coatings Market – Regional Analysis
- 7.1 Global Hydrophobic Coatings Market Regional Overview
- 7.2 Global Hydrophobic Coatings Market Share, by Region, 2021 & 2030 (USD Billion)
- 7.3. North America
- 7.3.1 North America Hydrophobic Coatings Market, 2022 – 2030 (USD Billion)
- 7.3.1.1 North America Hydrophobic Coatings Market, by Country, 2022 – 2030 (USD Billion)
- 7.3.1 North America Hydrophobic Coatings Market, 2022 – 2030 (USD Billion)
- 7.4 North America Hydrophobic Coatings Market, by Type, 2022 – 2030
- 7.4.1 North America Hydrophobic Coatings Market, by Type, 2022 – 2030 (USD Billion)
- 7.5 North America Hydrophobic Coatings Market, by Application, 2022 – 2030
- 7.5.1 North America Hydrophobic Coatings Market, by Application, 2022 – 2030 (USD Billion)
- 7.6. Europe
- 7.6.1 Europe Hydrophobic Coatings Market, 2022 – 2030 (USD Billion)
- 7.6.1.1 Europe Hydrophobic Coatings Market, by Country, 2022 – 2030 (USD Billion)
- 7.6.1 Europe Hydrophobic Coatings Market, 2022 – 2030 (USD Billion)
- 7.7 Europe Hydrophobic Coatings Market, by Type, 2022 – 2030
- 7.7.1 Europe Hydrophobic Coatings Market, by Type, 2022 – 2030 (USD Billion)
- 7.8 Europe Hydrophobic Coatings Market, by Application, 2022 – 2030
- 7.8.1 Europe Hydrophobic Coatings Market, by Application, 2022 – 2030 (USD Billion)
- 7.9. Asia Pacific
- 7.9.1 Asia Pacific Hydrophobic Coatings Market, 2022 – 2030 (USD Billion)
- 7.9.1.1 Asia Pacific Hydrophobic Coatings Market, by Country, 2022 – 2030 (USD Billion)
- 7.9.1 Asia Pacific Hydrophobic Coatings Market, 2022 – 2030 (USD Billion)
- 7.10 Asia Pacific Hydrophobic Coatings Market, by Type, 2022 – 2030
- 7.10.1 Asia Pacific Hydrophobic Coatings Market, by Type, 2022 – 2030 (USD Billion)
- 7.11 Asia Pacific Hydrophobic Coatings Market, by Application, 2022 – 2030
- 7.11.1 Asia Pacific Hydrophobic Coatings Market, by Application, 2022 – 2030 (USD Billion)
- 7.12. Latin America
- 7.12.1 Latin America Hydrophobic Coatings Market, 2022 – 2030 (USD Billion)
- 7.12.1.1 Latin America Hydrophobic Coatings Market, by Country, 2022 – 2030 (USD Billion)
- 7.12.1 Latin America Hydrophobic Coatings Market, 2022 – 2030 (USD Billion)
- 7.13 Latin America Hydrophobic Coatings Market, by Type, 2022 – 2030
- 7.13.1 Latin America Hydrophobic Coatings Market, by Type, 2022 – 2030 (USD Billion)
- 7.14 Latin America Hydrophobic Coatings Market, by Application, 2022 – 2030
- 7.14.1 Latin America Hydrophobic Coatings Market, by Application, 2022 – 2030 (USD Billion)
- 7.15. The Middle-East and Africa
- 7.15.1 The Middle-East and Africa Hydrophobic Coatings Market, 2022 – 2030 (USD Billion)
- 7.15.1.1 The Middle-East and Africa Hydrophobic Coatings Market, by Country, 2022 – 2030 (USD Billion)
- 7.15.1 The Middle-East and Africa Hydrophobic Coatings Market, 2022 – 2030 (USD Billion)
- 7.16 The Middle-East and Africa Hydrophobic Coatings Market, by Type, 2022 – 2030
- 7.16.1 The Middle-East and Africa Hydrophobic Coatings Market, by Type, 2022 – 2030 (USD Billion)
- 7.17 The Middle-East and Africa Hydrophobic Coatings Market, by Application, 2022 – 2030
- 7.17.1 The Middle-East and Africa Hydrophobic Coatings Market, by Application, 2022 – 2030 (USD Billion)
- Chapter 8. Company Profiles
- 8.1 3M
- 8.1.1 Overview
- 8.1.2 Financials
- 8.1.3 Product Portfolio
- 8.1.4 Business Strategy
- 8.1.5 Recent Developments
- 8.2 DuPont
- 8.2.1 Overview
- 8.2.2 Financials
- 8.2.3 Product Portfolio
- 8.2.4 Business Strategy
- 8.2.5 Recent Developments
- 8.3 Aculon Inc.
- 8.3.1 Overview
- 8.3.2 Financials
- 8.3.3 Product Portfolio
- 8.3.4 Business Strategy
- 8.3.5 Recent Developments
- 8.4 BASF SE
- 8.4.1 Overview
- 8.4.2 Financials
- 8.4.3 Product Portfolio
- 8.4.4 Business Strategy
- 8.4.5 Recent Developments
- 8.5 P2i
- 8.5.1 Overview
- 8.5.2 Financials
- 8.5.3 Product Portfolio
- 8.5.4 Business Strategy
- 8.5.5 Recent Developments
- 8.6 ABRISA TECHNOLOGIES
- 8.6.1 Overview
- 8.6.2 Financials
- 8.6.3 Product Portfolio
- 8.6.4 Business Strategy
- 8.6.5 Recent Developments
- 8.7 NEI Corporation
- 8.7.1 Overview
- 8.7.2 Financials
- 8.7.3 Product Portfolio
- 8.7.4 Business Strategy
- 8.7.5 Recent Developments
- 8.8 DRYWIRED
- 8.8.1 Overview
- 8.8.2 Financials
- 8.8.3 Product Portfolio
- 8.8.4 Business Strategy
- 8.8.5 Recent Developments
- 8.9 ACCUCOAT INC.
- 8.9.1 Overview
- 8.9.2 Financials
- 8.9.3 Product Portfolio
- 8.9.4 Business Strategy
- 8.9.5 Recent Developments
- 8.10 OerlikonMetco (US) Inc
- 8.10.1 Overview
- 8.10.2 Financials
- 8.10.3 Product Portfolio
- 8.10.4 Business Strategy
- 8.10.5 Recent Developments
- 8.11 NANEX COMPANY
- 8.11.1 Overview
- 8.11.2 Financials
- 8.11.3 Product Portfolio
- 8.11.4 Business Strategy
- 8.11.5 Recent Developments
- 8.12 NeverWet
- 8.12.1 Overview
- 8.12.2 Financials
- 8.12.3 Product Portfolio
- 8.12.4 Business Strategy
- 8.12.5 Recent Developments
- 8.13 Hdromer Inc
- 8.13.1 Overview
- 8.13.2 Financials
- 8.13.3 Product Portfolio
- 8.13.4 Business Strategy
- 8.13.5 Recent Developments
- 8.14 Corning Incorporated
- 8.14.1 Overview
- 8.14.2 Financials
- 8.14.3 Product Portfolio
- 8.14.4 Business Strategy
- 8.14.5 Recent Developments
- 8.15 Applied Medical Coatings
- 8.15.1 Overview
- 8.15.2 Financials
- 8.15.3 Product Portfolio
- 8.15.4 Business Strategy
- 8.15.5 Recent Developments
- 8.1 3M
List Of Figures
Figures No 1 to 23
List Of Tables
Tables No 1 to 52
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
Perspective | Primary research | Secondary research |
Supply-side |
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Demand-side |
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Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
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FAQs
“Asia-Pacific” region will lead the global Hydrophobic Coatings market during the forecast period 2022 to 2030.
The key factors driving the market are the Use Of Hydrophobic Coatings In The Building & Construction Sectors, Increasing Demand From The Building & Construction Sector, and Proliferating Growth Of The Automotive Sector.
The key players operating in the Hydrophobic Coatings market are 3M, DuPont, Aculon Inc., BASF SE, P2i, ABRISA TECHNOLOGIES, NEI Corporation, DRYWIRED, ACCUCOAT INC., OerlikonMetco (US) Inc, NANEX COMPANY, NeverWet, Hdromer Inc, Corning Incorporated , Applied Medical Coatings.
The global Hydrophobic Coatings market is expanding growth with a CAGR of approximately 4.5% during the forecast period (2022 to 2030).
The global Hydrophobic Coatings market size was valued at USD 2.6 Billion in 2021 and it is projected to reach around USD 3.56 Billion by 2030.