Hydrophobic Coatings Market Size to Increase by USD 519.19 Mn | Driven by rising demand from building and construction sector | Technavio

NEW YORK, March 1, 2022 /PRNewswire/ --

Global Hydrophobic Coatings Market: Overview

The global hydrophobic coatings market is forecasted to grow by USD 519.19 million, accelerating at a CAGR of 5% between 2021 and 2026. Technavio segments the market by end-user (automotive, building and construction, aerospace, marine, and others) and geography (APAC, North America, Europe, South America, and the Middle East and Africa). The report provides a comprehensive analysis of recent developments, new product launches, major revenue-generating segments, and market behavior across geographies.

Key points covered in the hydrophobic coatings market study:

• Market estimates and forecast 2022-2026
• Key drivers, trends, and challenges impacting market growth
• Segment-wise, region-wise, and country-wide analysis
• Analysis on market share by vendors
• Key product launches and regulatory climate
• Post-COVID-19 impact on the market landscape

Download a Free Sample Report to find out more about the report coverage

Hydrophobic Coatings Market: Growth Opportunities

Developing countries such as China and India are witnessing significant investments in infrastructure development. For instance, between 2019-2023, the Government of India is expected to invest about USD 1.4 trillion in infrastructure development. This has been fostering the growth of various end-user industries. Similarly, other countries such as Thailand, Indonesia, Taiwan, Malaysia, and Australia are also witnessing significant investments across various industries. Many such factors are creating new revenue-generating pockets for the local and global market players.

Parent Market Analysis:

Technavio categorizes the global hydrophobic coatings market as a part of the global specialty chemicals market. The parent global specialty chemicals market covers companies engaged in the manufacturing of various types of products under organic and inorganic chemicals. The parent market is driven by the shift toward specialty adhesives and sealants and the growing demand for water-soluble polymers for water treatment.

Hydrophobic Coatings Market Drivers

Growing demand from the building and construction industry

The increase in population and the rising demand for residential projects have led to a surge in construction activities globally. Besides, the factors such as rapid industrialization and the thriving manufacturing sector, especially in developing countries such as China and India have fostered the growth of the global construction industry. Hydrophobic coatings are widely used in applications such as pipes and fittings, foundations, roofing, flooring, paneling, roads, insulation, cable sheathing, and ducting. With the rise in construction activities globally, the demand for hydrophobic coatings will increase significantly during the forecast period.

"Although the growing demand for hydrophobic coatings in the automotive industry and superior properties of hydrophobic coatings will further boost the market growth, the growing adoption of bezel-less screens will reduce the growth opportunities for market players", says an analyst at Technavio.

Request for a Free Sample of this research report for additional highlights on other factors impacting the market growth.

Hydrophobic Coatings Market: APAC to Dominate with 44% Global Market Share

APAC holds 44% of the global market share and is estimated to be the largest revenue contributor during the forecast period. The increase in the disposable income of the consumers, rise in government initiatives, and the growth in the penetration of passenger cars and commercial vehicles are driving the demand for hydrophobic coatings in APAC. China, Japan, and India are the key markets for hydrophobic coatings in APAC. The market in the region will witness faster growth than in other regions.

Hydrophobic Coatings Market: Automotive segment to generate maximum revenue

The automotive segment accounted for the highest revenue generation in the market in 2021. The growth of the segment can be attributed to the self-cleaning property and visual aesthetics of hydrophobic coatings. Also, the increase in the sales of automobiles will drive the growth of the segment during the forecast period.

Explore intelligence tailored to your business needs. Identify major revenue-generating segments, regions, and key countries in the hydrophobic coatings market.
Download a Free Sample Report

Hydrophobic coatings Market: Featured Companies

New product launches, mergers and acquisitions, and increased R&D activities are the major strategies adopted by vendors in the hydrophobic coatings market. Some of the key players in the hydrophobic coatings market include:

• 3M Co.
• AccuCoat Inc.
• Aculon
• Advanced Nanotech Lab
• Anhui Sinograce Chemical Co. Ltd.
• Artekya Technology
• BASF SE
• CYTONIX
• Drywired
• Lotus Leaf Coatings Inc.
• NEI Corp.
• NeverWet LLC
• Nippon Paint Holdings Co. Ltd.
• NTT Advanced Technology Corp.
• P2i Ltd.
• Pearl Global Ltd.
• PPG Industries Inc.
• Sto SEA Pte. Ltd
• Surfactis Technologies
• The Sherwin-Williams Co.
• UltraTech International Inc.

M&As/Product Launches:

• Aculon – The company offers hydrophobic coatings that includes hydrofoe, hydrophil, which provides superior water repellency and protection for all surface.
• AccuCoat Inc. - The company offers a wide range of thin film optical coatings such as anti-reflective, beamsplitters, dichroic and metal mirrors, filters, and ITO coatings for global customers.

Buy our full report to explore successful business strategies adopted by key players.

Make an inquiry before purchasing our full report

Didn't find what you are looking for? Our analysts can help you customize this report based on your business requirements. The industry experts at Technavio will work directly with you to understand your needs and provide you with customized data in a short time. Speak to our Analyst Now

Related Reports:

High Performance Ceramic Coatings Market by Product and Geography - Forecast and Analysis 2022-2026

Waterborne Coatings Market by Product, End-user, and Geography - Forecast and Analysis 2021-2025

Table of Contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

•  3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition
• 3.2 Market segment analysis
• Exhibit 12: Market segments
•  3.3 Market size 2021
• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

•  4.1 Five forces summary
•  Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
• 4.2 Bargaining power of buyers
• Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
•  4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
•  4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
•  4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

•  5.1 Market segments
• Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
• Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
•  5.2 Comparison by End-user
•  Exhibit 26: Chart on Comparison by End-user
• Exhibit 27: Data Table on Comparison by End-user
• 5.3 Automotive - Market size and forecast 2021-2026
• Exhibit 28: Chart on Automotive - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Automotive - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Automotive - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Automotive - Year-over-year growth 2021-2026 (%)
•  5.4 Building and construction - Market size and forecast 2021-2026
• Exhibit 32: Chart on Building and construction - Market size and forecast 2021-2026 ($ million)
•  Exhibit 33: Data Table on Building and construction - Market size and forecast 2021-2026 ($ million)
•  Exhibit 34: Chart on Building and construction - Year-over-year growth 2021-2026 (%)
•  Exhibit 35: Data Table on Building and construction - Year-over-year growth 2021-2026 (%)
• 5.5 Aerospace - Market size and forecast 2021-2026
• Exhibit 36: Chart on Aerospace - Market size and forecast 2021-2026 ($ million)
•  Exhibit 37: Data Table on Aerospace - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Aerospace - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Aerospace - Year-over-year growth 2021-2026 (%)
• 5.6 Marine - Market size and forecast 2021-2026
•  Exhibit 40: Chart on Marine - Market size and forecast 2021-2026 ($ million)
•  Exhibit 41: Data Table on Marine - Market size and forecast 2021-2026 ($ million)
•  Exhibit 42: Chart on Marine - Year-over-year growth 2021-2026 (%)
• Exhibit 43: Data Table on Marine - Year-over-year growth 2021-2026 (%)
•  5.7 Others - Market size and forecast 2021-2026
• Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
•  Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
•  Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
•  Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)
•  5.8 Market opportunity by End-user
• Exhibit 48: Market opportunity by End-user ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

•  7.1 Geographic segmentation
• Exhibit 50: Chart on Market share by geography 2021-2026 (%)
• Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
• 7.2 Geographic comparison
• Exhibit 52: Chart on Geographic comparison
•  Exhibit 53: Data Table on Geographic comparison
• 7.3 APAC - Market size and forecast 2021-2026
•  Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
•  Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
• 7.4 North America - Market size and forecast 2021-2026
• Exhibit 58: Chart on North America - Market size and forecast 2021-2026 ($ million)
•  Exhibit 59: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on North America - Year-over-year growth 2021-2026 (%)
•  Exhibit 61: Data Table on North America - Year-over-year growth 2021-2026 (%)
• 7.5 Europe - Market size and forecast 2021-2026
• Exhibit 62: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Europe - Year-over-year growth 2021-2026 (%)
• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)
• 7.7 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
•  Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
•  Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
•  7.8 US - Market size and forecast 2021-2026
• Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)
• 7.9 China - Market size and forecast 2021-2026
•  Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
•  Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)
•  7.10 Japan - Market size and forecast 2021-2026
• Exhibit 82: Chart on Japan - Market size and forecast 2021-2026 ($ million)
•  Exhibit 83: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
•  Exhibit 84: Chart on Japan - Year-over-year growth 2021-2026 (%)
•  Exhibit 85: Data Table on Japan - Year-over-year growth 2021-2026 (%)
• 7.11 Germany - Market size and forecast 2021-2026
•  Exhibit 86: Chart on Germany - Market size and forecast 2021-2026 ($ million)
•  Exhibit 87: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
•  Exhibit 88: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 89: Data Table on Germany - Year-over-year growth 2021-2026 (%)
• 7.12 India - Market size and forecast 2021-2026
• Exhibit 90: Chart on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 91: Data Table on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 92: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 93: Data Table on India - Year-over-year growth 2021-2026 (%)
•  7.13 Market opportunity by geography
•  Exhibit 94: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

 8.1 Market drivers

•  8.2 Market challenges
• 8.3 Impact of drivers and challenges
• Exhibit 95: Impact of drivers and challenges in 2021 and 2026
• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview
•  9.2 Vendor landscape
• Exhibit 96: Overview on Criticality of inputs and Factors of differentiation
•  9.3 Landscape disruption
• Exhibit 97: Overview on factors of disruption
•  9.4 Industry risks
• Exhibit 98: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 99: Vendors covered
• 10.2 Market positioning of vendors
•  Exhibit 100: Matrix on vendor position and classification
• 10.3 Aculon
• Exhibit 101: Aculon - Overview
• Exhibit 102: Aculon - Product / Service
•  Exhibit 103: Aculon - Key offerings
• 10.4 Artekya Technology
• Exhibit 104: Artekya Technology - Overview
• Exhibit 105: Artekya Technology - Product / Service
•  Exhibit 106: Artekya Technology - Key offerings
• 10.5 CYTONIX
• Exhibit 107: CYTONIX - Overview
•  Exhibit 108: CYTONIX - Product / Service
• Exhibit 109: CYTONIX - Key offerings
•  10.6 Lotus Leaf Coatings Inc.
• Exhibit 110: Lotus Leaf Coatings Inc. - Overview
• Exhibit 111: Lotus Leaf Coatings Inc. - Product / Service
• Exhibit 112: Lotus Leaf Coatings Inc. - Key offerings
• 10.7 NEI Corp.
• Exhibit 113: NEI Corp. - Overview
• Exhibit 114: NEI Corp. - Product / Service
• Exhibit 115: NEI Corp. - Key offerings
•  10.8 NeverWet LLC
•  Exhibit 116: NeverWet LLC - Overview
• Exhibit 117: NeverWet LLC - Product / Service
• Exhibit 118: NeverWet LLC - Key offerings
• 10.9 Nippon Paint Holdings Co. Ltd.
• Exhibit 119: Nippon Paint Holdings Co. Ltd. - Overview
• Exhibit 120: Nippon Paint Holdings Co. Ltd. - Business segments
• Exhibit 121: Nippon Paint Holdings Co. Ltd. - Key offerings
• Exhibit 122: Nippon Paint Holdings Co. Ltd. - Segment focus
•  10.10 PPG Industries Inc.
•  Exhibit 123: PPG Industries Inc. - Overview
•  Exhibit 124: PPG Industries Inc. - Business segments
• Exhibit 125: PPG Industries Inc. - Key news
• Exhibit 126: PPG Industries Inc. - Key offerings
• Exhibit 127: PPG Industries Inc. - Segment focus
• 10.11 Surfactis Technologies
• Exhibit 128: Surfactis Technologies - Overview
• Exhibit 129: Surfactis Technologies - Product / Service
• Exhibit 130: Surfactis Technologies - Key offerings
• 10.12 UltraTech International Inc.
•  Exhibit 131: UltraTech International Inc. - Overview
• Exhibit 132: UltraTech International Inc. - Product / Service
• Exhibit 133: UltraTech International Inc. - Key offerings

11 Appendix

• 11.1 Scope of the report
• 11.2 Inclusions and exclusions checklist
• Exhibit 134: Inclusions checklist
• Exhibit 135: Exclusions checklist
• 11.3 Currency conversion rates for US$
• Exhibit 136: Currency conversion rates for US$
• 11.4 Research methodology
•  Exhibit 137: Research methodology
• Exhibit 138: Validation techniques employed for market sizing
•  Exhibit 139: Information sources
• 11.5 List of abbreviations
• Exhibit 140: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio