Hydrophobic Coatings Market Poised to Grow at a CAGR of 5.8% by 2024

Hydrophobic Coatings Market Poised to Grow at a CAGR of 5.8% by 2024


Infinium Global Research has added a new report on Hydrophobic Coatings Market. The report presents analysis of global as well as regional markets of hydrophobic coatings market over the period of 2016 to 2024. The remarkable properties possessed by the hydrophobic coatings and its ability to be used on different surfaces and different material including glass, ceramics, metals, and several others , are the key factor driving the growth of the hydrophobic coating market. Hydrophobic coating are widely used in building and construction industry, the use of hydrophobic coating improves the thermal performance and increases insulation properties of buildings. Also, it vastly reduce the chances of  appearing on internal walls of the home, the wall insulation helps to keep home hot in the winter, and cool in summer.  Thus with the continual growth in the building and construction, the demand for hydrophobic coating is increasing. In addition, hydrophobic coating are used for optical applications, these coating are used for sunglasses, consumer optics, high tech optical components, lasers and precision optics, goggles, sapphire optics and several other applications. Moreover, in display applications, these coatings are used for video optical components, cellphones, smartphones, pen applications, LCD, plasma, projection displays, and OEM treatments. With increasing modernization and improved standard of living, the use of hydrophobic coatings will increase in home applications, which in turn, would drive the demand for the hydrophobic coating market. However, use of superhydrophobic coating and other similar substitutes can hamper the growth of the hydrophobic coating market.  With increasing number of applications of hydrophobic coating in electronics application, mainly for inkjet repellency, antiwetting applications, microfluidic channels, stainless steel components, hard disc drives, and much more, the demand for hydrophobic coating will increase over upcoming years.

 

Among the geographies, the Asia Pacific region accounted for the highest market share in 2017 followed by the North America region.  Asia Pacific region is expected to dominate the hydrophobic market throughout the forecast period, on account of Increasing industrialization, rapid urbanization and increasing investments in the building and construction coupled with rising disposable income among the citizens of this region. Also, increasing automotive industry and on-going innovations in aerospace industry to drive the demand for the hydrophobic coating in this region. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global hydrophobic coatings market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global hydrophobic coatings market report by clicking the following link, Use code IGRD15 to request the discount in the given form

 

https://www.infiniumglobalresearch.com/reports/request-discount/1505

 

The recent report identified that Asia-Pacific dominated the global hydrophobic coatings market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the hydrophobic coatings market worldwide.

 

The report segments the global hydrophobic coatings market on the basis of Material, Application  and End User.

 

Global Hydrophobic Coatings Market by Material

·         Polysiloxanes

·         Fluoro Alkylsilanes

·         Fluoropolymers

·         Others

 

Global Hydrophobic Coatings Market by Application 

·         Anti-Microbial

·         Anti-Icing/Wetting

·         Anti-Fouling

·          Anti-Corrosion

·         Self-Cleaning

 

Global Hydrophobic Coatings Market by End User

·         Building & Construction

·         Automotive

·         Aerospace

·         Marine

·          Others

 

Companies Profiled in the Report

·         Oerlikon Metco (US) Inc.

·         AccuCoat Inc.

·         Drywired

·         NEI Corporation

·         Abrisa Technologies

·         P2i

·         BASF SE

·         Aculon Inc.

·          E. I. DuPont de Nemours and Company

·         3M

 

About Infinium Global Research

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