21-Mar-2023 | Facts and Factors
According to Facts and Factors, the global hydrophobic coatings market size was worth around USD 1.92 billion in 2022 and is predicted to grow to around USD 3.05 billion by 2030 with a compound annual growth rate (CAGR) of roughly 6.1% between 2023 and 2030.
Hydrophobic coatings are specially designed materials that are applied on surfaces to impart water-repellent properties. They are applied on surfaces including glass, metals, plastics, and ceramics. With the application, hydrophobic coatings form a top layer on the surface which prevents any type of liquid from sticking to it for a long time. The word hydro means water and phobia refer to aversion. The words together mean an aversion to water. These coatings are used in different types of industrial settings and have a wide range of end-user applications including the automotive, aerospace, marine, and construction industry.
Browse the full “Hydrophobic Coatings Market Size, Share, Growth Analysis Report By Substrate Type (Polymer, Metal, Textile, Glass, Concrete, and Others), By Product (Titanium Dioxide, Polysiloxanes, Fluoropolymers, Fluoro-Alkylsilanes, and Others), By Application (Spraying, Dip Coating, Roll Coating, Brushing, and Others), By Coating Layer (Multi-Layer and Single Layer), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2023 – 2030" report at https://www.fnfresearch.com/hydrophobic-coatings-market
In the marine sector, they are used as anti-fouling coatings whereas, in the electronics industry, the application includes protecting electronic devices against water damage. In recent years, the industry has gained huge momentum and is expected to continue the trend in the coming years.
The global hydrophobic coatings market is projected to grow owing to the increasing awareness about the advantages of hydrophobic coatings application. For instance, they not only provide water repulsion properties but perform other roles as well. Since they repel other types of liquid as well resulting in an improved and longer lifestyle for the product. They also assist in improving surface durability and protect them against corrosion or wear and tear over the years.
Hydrophobic coatings are used to reduce friction on the surface providing them with a smooth texture which is extremely critical in the automotive and the aerospace industry. The global sales volume can further benefit due to the growing investments directed toward advancements surrounding coating technology. Market players and researchers are developing advanced versions of hydrophobic coating material. For instance, the development of self-healing coatings can be monumental in changing the dynamics of the sector. Moreover, the industry is registering a high rate of investments toward research & development for new coating materials and techniques which may assist in further growth.
Even though hydrophobic coatings are durable, the scope is limited as compared to alternative materials. This acts as great restraint for global industry growth as users may prefer other options that offer better durability. Furthermore, the product has shown compatibility issues with certain types of material thus limiting its application. To improve this factor, researchers are currently working on developing all-around capability hydrophobic coatings but until then the market remains highly restrained.
The unexplored potential in emerging markets may provide excellent growth opportunities whereas the lack of standardization could act as a challenge.
Segmental Overview:
The global hydrophobic coatings market is segmented based on substrate type, product, application, coating layer, and region.
Based on substrate type, the global market segments are polymer, metal, textile, glass, concrete, and others.
Based on product, the global market is segmented into titanium dioxide, polysiloxanes, fluoropolymers, fluoro-alkylsilanes, and others.
- The demand for polysiloxanes is increasing due to several advantages of using the product. They offer better durability along with excellent water-repellent properties and stability at high temperatures
- Fluoro-alkylsilanes are popular due to low surface energy and chemical stability whereas titanium oxide has photocatalytic and hydrophobic properties. This assists in reducing pollution since it allows the breaking down of organic matter
- Fluoropolymers offer chemical resistance, high temperature stability, and non-stick properties
- Most Fluoropolymers have thermal resistance up to 200°C
Based on application, the global market segments are spraying, dip coating, roll coating, brushing, and others.
Based on the coating layer, the global market segments are multi-layer and single layer.
- The global market is dominated by the multi-layer segment since the effect of dual or more layers is better than single layer coating
- Multi-layer coatings offer improved adhesion, increased chemical resistance, enhanced hydrophobic properties, and improved durability
- Some coatings require reapplication every 6 to 12 months while some can last more than 5 years
Regional Overview:
Asia-Pacific is projected to register the highest growth in global hydrophobic coatings due to the growing use of paints, varnishes, and coating material. The increasing investment in the construction sector to meet the growing demand or increasing population along with the rapid urbanization rate is a critical factor for regional demand.
Furthermore, India, China, and Japan are recording surging revenue in the automotive sector. Growing investments in the segment have allowed vehicle manufacturers to improve the quality of their products. Since hydrophobic coatings play a significant role in the automotive industry, the growing CAGR rate of the sector will assist in the high demand for protective coatings. North America is expected to emerge as a significant player due to the presence of some of the largest manufacturers of coating materials and increasing applications.
Report Scope
Report Attribute |
Details |
Market Size in 2022 |
USD 1.92 Billion |
Projected Market Size in 2030 |
USD 3.05 Billion |
CAGR Growth Rate |
6.1% CAGR |
Base Year |
2022 |
Forecast Years |
2023-2030 |
Key Market Players |
DryWired LLC, 3M Company, Wacker Chemie AG, RPM International Inc., Andercoat Technologies LLC, BASF SE, NeverWet LLC, Liquipel LLC, Nippon Paint Holdings Co. Ltd., AkzoNobel NV, Cytonix LLC, Hempel A/S, The Sherwin-Williams Company, DowDuPont Inc., Axalta Coating Systems LLC, Ultratech International Inc., PPG Industries Inc., ACG Materials, Rust-Oleum Corporation, Aculon Inc., and others. |
Key Segment |
By Substrate Type, Product, Application, Coating Layer, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options |
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Competitive Landscape:
The global hydrophobic coatings market is led by players like DryWired LLC, 3M Company, Wacker Chemie AG, RPM International Inc., Andercoat Technologies LLC, BASF SE, NeverWet LLC, Liquipel LLC, Nippon Paint Holdings Co. Ltd., AkzoNobel NV, Cytonix LLC, Hempel A/S, The Sherwin-Williams Company, DowDuPont Inc., Axalta Coating Systems LLC, Ultratech International Inc., PPG Industries Inc., ACG Materials, Rust-Oleum Corporation, and Aculon Inc.
Recent Developments:
- In January 2021, Nippon Paint Marine announced the launch of next-generation nanotechnology-based hydrolysis antifouling paint called FASTAR. The product is one-of-its-kind and provides excellent results
- In January 2020, BioPowder.com announced the launch of liquid-repellent matting agents to be used in paints and coatings
The global hydrophobic coatings market is segmented as follows:
By Substrate Type
- Polymer
- Metal
- Textile
- Glass
- Concrete
- Others
By Product
- Titanium Dioxide
- Polysiloxanes
- Fluoropolymers
- Fluoro-Alkylsilanes
- Others
By Application
- Spraying
- Dip Coating
- Roll Coating
- Brushing
- Others
By Coating Layer
By Region
- North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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