The global hydrophobic coatings market is growing at a good pace, owing to the increasing usage of these coatings in various industries that includes aerospace, automotive, marine, building and construction, and others. Along with that, the superior properties of the coating are also contributing to the hydrophobic coatings market growth such as self-cleaning, anti-microbial, anti-corrosion, and various others.
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On the basis of substrate type, the market is segmented into metals, glass, concrete, polymers, ceramics and others. Among all these, metals substrate category is anticipated to hold the largest share in the hydrophobic coatings market.
Based on end-use industry, the hydrophobic coatings market is categorized into automotive, aerospace, building and construction, marine, textiles, electronics, medical, and others.
The major factors driving the hydrophobic coatings market growth are the increasing adoption of these coatings in various applications and superior properties of these coatings. The adoption of these coatings is increasing in the various applications including medical, aerospace, automotive, chemical processing, which is driving its market growth.
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Asia-Pacific is expected to register the highest growth in the hydrophobic coatings market in the coming years. The region is anticipated to hold the largest share in the overall market.
Key players in the hydrophobic coatings industry are investing significantly for the development of more environmentally friendly products, aiming to strengthen their position in the market. BASF SE, Drywired, PPG Industries, The 3M Company, NEI Corporation, Nippon Paint, Aculon, Cytonix, and Surfactis Technologies are some of the key players offering hydrophobic coatings in the market.
Source: VynZ Research