Enjoy complimentary customisation on priority with our Enterprise License!
The hydrophobic coatings market size is forecast to increase by USD 463.9 million, at a CAGR of 4.5% between 2023 and 2028. The growth of the market is driven by several key factors. Firstly, there is a growing demand from the building and construction industry for hydrophobic coatings, which offer protection against moisture and weathering. Secondly, the automotive industry is increasingly adopting hydrophobic coatings due to their effectiveness in repelling water and improving visibility. These coatings are favored for their superior properties such as water resistance and durability, enhancing their appeal across various applications. As demand grows, manufacturers are focusing on developing advanced formulations that meet stringent industry standards and regulatory requirements. This trend underscores the importance of hydrophobic coatings in enhancing product performance and longevity, thereby fueling market expansion in both the construction and automotive sectors.
For More Highlights About this Report, Request Free Sample
The market encompasses a wide range of coatings that offer water-repellent properties to various substrates, including Polysiloxanes, Fluoropolymers, and Fluoro-Alkylsilanes. These coatings are applied to substrates such as Metals, Glass, Polymer, Ceramics, Concrete, Textiles, and others to enhance their performance in diverse industries. The Coating Layer can be applied as a Single Layer or Multi-Layer, using techniques like Dip Coating, Brushing, Roll Coating, and Spraying. Functionality of hydrophobic coatings includes Anti-Corrosion, Anti-Microbial, Anti-Fouling, Anti-Icing, Wetting, and Self-Cleaning. These coatings find extensive applications in sectors like Electronics, Building & Construction, Marine, Healthcare, Aerospace, and Oil & Gas. For instance, in the Marine industry, hydrophobic coatings are used for Anti-Fouling properties to prevent the growth of marine organisms on the hulls of ships. Similarly, in the Aerospace industry, these coatings are used for Anti-Icing properties to prevent ice formation on aircraft surfaces during flight. Overall, the market is expected to grow significantly due to the increasing demand for water-repellent and protective coatings in various industries.
Growing demand from building and construction industry is notably driving the market growth. The market is experiencing significant growth due to the increasing demand from various industries, particularly in the construction sector. These coatings, which utilize mineral undercoats and advanced technologies such as nano-particles and polysiloxanes, offer superior protective properties against abrasion, high temperature, extreme UV, and aesthetic weathering characteristics. Hydrophobic coatings are valued for their gloss retention and chalk resistance properties, making them ideal for industrial maintenance and protective coatings applications. In the construction industry, hydrophobic coatings are extensively used to protect buildings and infrastructure from corrosion, with the anti-corrosion property being a key factor driving market growth. The anti-corrosion segment is expected to dominate the market, with applications in pipelines, naval vessels, aircraft, and automotive related products.
Additionally, hydrophobic coatings are gaining popularity in consumer goods, medical & healthcare, and other industries due to their anti-microbial, anti-fouling, and building & construction applications. Raw materials used in the production of hydrophobic coatings include chemicals, and the market is expected to witness steady growth during the forecast period, driven by increasing health expenditure and logistics requirements. Thus, such factors are driving the growth of the market during the forecast period.
Rise in demand for waterborne hydrophobic coatings is the key trend in the market. The market encompasses a wide range of protective coatings, primarily utilized in various industries for their anti-corrosion, self-cleaning, and anti-microbial properties. Mineral undercoats serve as a foundation for these advanced coatings, which include nano-particles, polysiloxanes hydrophobic coatings, and chemically formulated protective coatings. Technological novelties, such as Chemical Vapor Deposition (CVD) and Thin Films created through gas phase precursors, are revolutionizing the market. Industrial maintenance, construction activities in the building sector, and protective coatings in the automobile industry are significant contributors to the market's growth. Extreme weather conditions, high temperatures, and UV exposure necessitate the use of hydrophobic coatings for pipelines, naval vessels, aircraft, and automotive related products.
Further, the anti-corrosion property of these coatings is essential in the semiconductor industry, where material fabrication methods require utmost precision and protection. The market's expansion is further fueled by the consumer goods, medical & healthcare, and logistics sectors, which prioritize the need for raw materials with high chalk resistance properties, gloss retention, and aesthetic weathering characteristics. Health expenditure and the need for anti-fouling coatings in various applications add to the market's potential. Despite the advantages of solvent-borne coatings, waterborne coatings are increasingly popular due to their eco-friendly nature, reduced toxicity, and lower flammability. Their long pot life, ease of application, and hassle-free maintenance make them a preferred choice for various industries. Thus, such trends will shape the growth of the market during the forecast period.
Stringent environmental regulations is the major challenge that affects the growth of the market. Hydrophobic coatings, including those based on polysiloxanes and nano-particles, have gained significant traction in various industries due to their protective and aesthetic properties. Mineral undercoats are often used in the automobile sector for Technological novelties such as self-cleaning, anti-microbial, and anti-fouling coatings. In industrial maintenance, these coatings offer high temperature and extreme UV resistance, as well as superior abrasion and corrosion protection. The construction industry and building sector have also embraced hydrophobic coatings for their chalk resistance properties and gloss retention. In the anti-corrosion segment, these coatings are used in pipelines, naval vessels, aircraft, and automotive related products. Ross Technology's chemical vapor deposition method for thin films and gas phase precursor technology are popular fabrication methods. The semiconductor industry uses hydrophobic coatings in the production of sensitive components due to their anti-corrosion property.
Further, in the consumer goods sector, hydrophobic coatings are used in various applications, including protective coatings for clothing and shoes. In the medical and healthcare sector, these coatings are used for implants and medical devices to prevent bacterial growth. The raw materials used in the production of hydrophobic coatings include various chemicals. Logistics and health expenditure are key factors driving the growth of the market. Estimations suggest that the market will continue to grow at a steady pace in the coming years. Despite the benefits, it is important to note that some hydrophobic coatings may contain Volatile Organic Compounds (VOCs), which are a major environmental concern. Regulations, such as those in the US mandating the use of VOC-free coatings, are driving the development of new technologies and dispensing systems for low- or no-VOC colorants. Hence, the above factors will impede the growth of the market during the forecast period
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Aculon - The company offers products such as hydrophobic coatings.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The automotive segment is estimated to witness significant growth during the forecast period. Hydrophobic coatings, also known as superhydrophobic coatings, offer various functionalities such as anti-corrosion, anti-microbial, anti-fouling, anti-icing, self-cleaning, and wetting properties. These coatings are applied on diverse substrates including metals, glass, polymers, ceramics, concrete, textiles, and even electronics. Polysiloxanes and fluoropolymers are commonly used in the production of hydrophobic coatings, while fluoro-alkylsilanes are another popular choice. Coating techniques include dip coating, brushing, roll coating, and spraying. The hydrophobic coating market caters to numerous industries such as building and construction, marine, healthcare, aerospace, oil & gas, and electronics.
Get a glance at the market share of various regions Download the PDF Sample
The automotive segment was the largest and was valued at USD 410.20 million in 2018. For instance, in the automotive sector, hydrophobic coatings are used for car body protection, reducing carbon emissions and contributing to the net-zero transformation. In the renewable energy sector, hydrophobic coatings on solar panels improve their efficiency by reducing water droplet formation and increasing the utilization of sunlight. Similarly, hydrophobic coatings on wood and plastic enhance their durability and resistance to weathering. Three significant technologies used in the production of hydrophobic coatings are electrophoretic dip coating, 3M's lotus leaf effect technology, and plasma-enhanced chemical vapor deposition. These technologies enable the creation of single-layer and multi-layer coatings with enhanced functionality. Hydrophobic coatings find extensive applications in various industries, including car body protection, electronics, and building and construction, offering benefits such as anti-icing, self-cleaning, and anti-corrosion properties.
For more insights on the market share of various regions Download PDF Sample now!
APAC is estimated to contribute 49% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Hydrophobic coatings, also known as superhydrophobic coatings, offer exceptional water-repellent properties to various substrates, including Polysiloxanes, Fluoropolymers, and Fluoro-Alkylsilanes. These coatings are applied to metals, glass, polymers, ceramics, concrete, textiles, and other materials to create a coating layer that can be single or multi-layer. Application methods include dip coating, brushing, roll coating, and spraying. The functions of hydrophobic coatings extend beyond water repellency. They provide anti-corrosion, anti-microbial, anti-fouling, anti-icing, and self-cleaning properties. In electronics, they enhance performance and protect against moisture. In building and construction, they offer car body protection, reduce carbon emissions, and contribute to net-zero transformation.
In marine applications, they prevent fouling and icing. In healthcare, they ensure cleanliness and hygiene. In aerospace and oil & gas industries, they provide durability and resistance to harsh environments. Companies like 3M have made significant strides in hydrophobic coatings technology, with innovations like electrophoretic dip coating. These advancements are crucial in various sectors, including renewable energy utilization, where hydrophobic coatings on wood and plastic improve efficiency and longevity. Hydrophobic coatings continue to play a vital role in various industries, addressing diverse needs and driving technological progress.
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD million" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.
You may also interested in below market reports:
Hydrophobic coatings, also known as superhydrophobic coatings, are specialized coatings that provide exceptional water-repellent properties. These coatings find extensive applications in various industries such as electronics, building, construction, marine, healthcare, aerospace, oil & gas, and more. The primary materials used in hydrophobic coatings include Polysiloxanes, Fluoropolymers, and Fluoro-Alkylsilanes. The substrate for these coatings can be metals, glass, polymers, ceramics, concrete, textiles, and even wood and plastic. A single layer or multi-layer application is used depending on the required level of protection. Techniques used for application include dip coating, brushing, roll coating, and spraying.
In addition, hydrophobic coatings serve multiple functions such as anti-corrosion, anti-microbial, anti-fouling, anti-icing, wetting, and self-cleaning. In the automotive industry, hydrophobic coatings are used for car body protection, reducing carbon emissions and contributing to the net-zero transformation. In renewable energy utilization, these coatings improve the efficiency of solar panels by reducing water absorption and improving their self-cleaning properties. Major players in the market include 3M, with its Electrophoretic dip coating technology, and various other companies offering hydrophobic solutions for different industries. The market for hydrophobic coatings is expected to grow significantly due to the increasing demand for water-repellent and protective coatings in various industries.
Market Scope |
|
Report Coverage |
Details |
Page number |
140 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.5% |
Market growth 2024-2028 |
USD 463.9 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
4.23 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 49% |
Key countries |
US, China, Japan, Germany, and India |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
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., and UltraTech International Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, Market growth and Forecasting, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for market forecast period |
Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Get the report (PDF) sent to your email within minutes.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.