Hydrophobic Coatings Market Growth Factor, Prospect, Overview, Demand, Top Players, and Current Trends with Forecast to 2024

1
Hydrophobic Coatings Market Size, Analytical
Overview, Growth and Forecast to 2024
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
2
Global Market Scenario of Hydrophobic Coatings
Industry

• Hydrophobic coatings market has increasingly
  captured the attention of scientists and
  researchers owing to their unique properties and
  a vast application potential across myriad
  industries. These coatings offer durable
  protection from liquids and abrasion and can be
  applied to a wide range of substrates, including
  metals, plastics, glass, textiles, painted
  surfaces, and 3D printed parts.
• When applied, hydrophobic coatings, which are
  otherwise called waterproof coatings or
  water-repellent coatings, can impart multiple
  advantages such as self-cleanability, lower dirt
  retention, and improved resistance to moisture.
• Universally considered to be one of the most
  profitable verticals within the polymers and
  advanced materials domain, global hydrophobic
  coatings market size is estimated to reach a
  valuation of more than US2 billion by 2024. This
  growth can be attributed to consistent demand for
  water-repellent coatings across automotive,
  aerospace, construction, and healthcare
  applications.

2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
3
Continue-

• Strong demand for architectural coatings in
  construction
• Hydrophobic coating solutions are anticipated to
  witness a substantial demand from the
  construction sector, considering upcoming
  residential and commercial expansion projects in
  the near future. Factors such as a booming world
  population and the subsequent rise in
  urbanization and industrialization has fueled the
  need for sustainable infrastructure solutions
  worldwide.
• According to the Global Construction 2030 report
  by the Global Construction Perspectives and
  Oxford Economics, the worldwide construction
  industry is slated to grow at an astounding rate
  of 85 through 2030, reaching a valuation of
  US15.5 trillion. The U.S., India, and China are
  anticipated to collectively account for more than
  57 of the overall growth. These trends will
  certainly propel the demand for functional
  architectural paints and coatings, including
  hydrophobic coatings.
• The applications of waterproof coatings can help
  enhance the aesthetic appeal of building
  exteriors while protecting them from rain and
  weather. Building exteriors are often exposed to
  environmental factors such as dirt, dust, smoke,
  and acid rain.

2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
4
Request for sample copy of this research report_at_
https//www.gminsights.com/request-sample/detail/
2919
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5
360 Industry Analysis

• Several companies have been investing in research
  and development to develop an ecofriendly
  alternative to perfluorinated compounds (PFCs)
  which are widely used in hydrophobic coatings.
  For instance, in 2018, NewerWet had launched a
  PFC-free durable water repellent coating formula.
• Favorable government initiatives and policies to
  support infrastructure development in order to
  offer affordable housing to a rapidly growing
  urban population is likely to boost the demand
  for waterproof coatings. In addition, increased
  expenditure by respective governments in
  refurbishment of existing infrastructure will
  complement the industry outlook.
•  

Request for customizationhttps//www.gminsights.
com/roc/2919
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
6

• Competitive Analysis
• BASF, PPG, 3M, Drywired, Nippon Paint, NEI
  Corporation, Abrisa Technologies, Aculon,
  Advanced Industrial Coatings are some of the key
  players operating in the Hydrophobic Coatings
  Market.
• Major growth restraining factors and COVID-19
  impact
• High costs associated with the manufacturing of
  hydrophobic coatings market may limit their
  adoption up to some extent. In addition, numerous
  health concerns and the risk of damage during
  application may encourage the adoption of
  alternative coating products. The recent
  coronavirus outbreak had forced chemicals
  manufacturing, auto production, construction
  activities, and industrial activities to come to
  a halt.

2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
7
Latest Research Report On Hydrophobic Coatings
Market_at_ https//www.gminsights.com/industry-analys
is/hydrophobic-coatings-market Request for
sample of this research report_at_
https//www.gminsights.com/request-sample/detail/
2919 Request for customization
https//www.gminsights.com/roc/2919
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
8
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
2020 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com