Global Superhydrophobic Coatings Market 2017-2021
About Superhydrophobic Coatings
Superhydrophobic coatings are advanced coatings that have the potential to replace the currently used conventional hydrophobic coatings. Superhydrophobicity, also known as the lotus leaf effect, is witnessed in nature in various forms: Leaves, wings of insects, and feathers of birds. Superhydrophobicity is defined by the water contact angle on a surface. Water contact angle of superhydrophobic surfaces is higher than 150° and hysteresis is lower than 10°.
Technavio’s analysts forecast the global superhydrophobic coatings market to grow at a CAGR of 33.31% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global superhydrophobic coatings market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Superhydrophobic Coatings Market 2017-2021
Technavio recognizes the following companies as the key players in the global superhydrophobic coatings market: RPM International, Aculon, Cytonix, NEI Corporation, and NTT Advanced Technology.
Other Prominent Vendors in the market are: DryWired, HZO, Liquipel, Lotus Leaf Coatings, NANOSTATE, P2i, and UltraTech International.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Use of PECVD. PECVD technology is gaining prominence in recent years. The technology can be used to apply superhydrophobic coatings onto the surface of plastics, glass, and metallic substrates at room temperature. The technology is employed to apply an ultrathin superhydrophobic coating on both the internal and external surface of the structure. It safeguards the personnel from exposure to the vapors of the coating composition.”
According to the report, one of the major drivers for this market is Growing demand in power electronics. The use of electronic goods has been increasing significantly over the years. These are sensitive to water and moisture, thereby creating the demand for waterproof coatings (superhydrophobic coatings). Electronics manufacturing companies are also emphasizing on the development of waterproof coatings. Sony launched waterproof Xperia Z1 Android phone in the market in 2013, earning the highest sales in the market. In recent years, many electronic manufacturing companies have been launching waterproof electronic gadgets to increase the sales of electronic products.
Further, the report states that one of the major factors hindering the growth of this market is Poor morphological properties. The currently available superhydrophobic coatings in the market are not durable, especially when subjected to harsh handling. This limits their use large-scale industrial applications. Superhydrophobic properties of the coatings depend on the morphology of the nanostructure. This nanostructure is sensitive to wear, and mechanical stress can damage the surface morphology. This can result in the loss of superhydrophobic property. Notable R&D initiatives have been implemented toward improving the wear and heat resistance properties of superhydrophobic coatings. These coatings with superior properties may be available in future, thereby mitigating the challenge.
RPM International, Aculon, Cytonix, NEI Corporation, NTT Advanced Technology, DryWired, HZO, Liquipel, Lotus Leaf Coatings, NANOSTATE, P2i, and UltraTech International.