Global Hydrophobic Coatings Market Analysis, 2024-2030

The hydrophobic coating is a layer that is added to various surfaces to enable them to repel water at the microscopic level. It is made through manganese oxide polystyrene, zinc oxide polystyrene, carbon nanotube structures, and fluoropolymer coatings. They are used to make surfaces of electronic phones and gadgets among others prone to water repellent

The global hydrophobic coatings market report shed light o the present market conditions by holding over 280 hours of primary and secondary research. As per the report, the global hydrophobic coatings market is increasing its geographical boundaries rapidly. The global hydrophobic coatings market is valued at US $ xxx million dollars in 2018 which is anticipated to hit US $ xxx million dollars by the end of 2023 growing at a CAGR of xx% during 2018–2023.

The hydrophobic coating is used in various areas and has a lot of applications. The hydrophobic coating is sprayed onto various objects to make them waterproof. It is widely used in the maritime industry to reduce drag friction in the water leading to higher efficiency of ships. It is also used in the automobile industry where it is used on the windshield to make it waterproof. It is added to electronics and gadgets to make them waterproof.

The major factors that drive the growth of the hydrophobic coatings market include growth in industrial, automobile, maritime and electronic sectors. The industrial and automobile sectors use these coating to make windshields and other surfaces waterproof. While the maritime industry uses the hydrophobic coating to reduce drag in the water. Electronic sectors utilize these coating to make gadgets waterproof hence making these hydrophobic coatings very demanding and useful.

Even though the hydrophobic coatings are widely used in various areas and sectors, the environmental factors impede the growth of the market. These coating could lead to contamination of water. The coatings also last around two to eight months and need to be re-coated. So, the temporary effect of the coating, is a factor that impedes the growth of the hydrophobic coatings market.

The regions that are main producers of the hydrophobic coatings market include North America, Europe, South America, Middle East, and Africa. The hydrophobic coatings market is expected to rise rapidly in North America followed by other regions due to its increasing demand and technological advancements.

The major companies that play a crucial role in manufacturing and supplying the hydrophobic coatings include NBD Nanotechnologies, GVD Corporation, Nano Terra, DropWise Technologies Corporation, Hydrobead, and NEI Corporation. Other key market players include Mayaterials, HZO, Surfatek, NanoSlic, NeverWet, Don Co. Ltd, and Nico Technologies.

Our Approach

The research method includes the global hydrophobic coatings market segmentation, growth factors identification of each market segment and conducting market forecast. The market forecasts are conducted based on the insights given by the business leaders from across the global hydrophobic coatings industry value chain. Market Krystal conducted over 45 interviews for this study, the details of the same are mentioned below:

By company type:

Manufacturers (35%), Suppliers (25%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (35%), Asia (40%), Europe (25%)

By designation:

Top level (40%), Operation level (25%), Mid-level (35%)

Contents of the report:

• Insights on the global hydrophobic coatings industry dynamics
• Estimation of the current global hydrophobic coatings market size in terms of value and volume
• Global hydrophobic coatings market breakup based on substrate (metals, concrete, glass, ceramics, polymers), end-user (aerospace, automotive, marine, textile, building & construction, medical, electronics), and geography (North America, Europe, Asia-Pacific, Middle East, Africa & Latin America)
• Substantiated global hydrophobic coatings market forecast for the next five years
• In depth analysis of the key companies working across different nodes of global hydrophobic coatings industry value chain