Hydrophobic Coatings Market Size & Share, by Product (Polysiloxanes, Fluoropolymers, Fluoro-Alkylsilanes, Titanium Oxide); Coating Layer (Single Layer, Multi-Layer); Application Method (Dip Coating, Brushing, Roll Coating, Spraying); Function (Anti-Corrosion, Anti-Fouling, Self-Cleaning); End-user (Automotive, Electronics, Building & Construction, Healthcare, Aerospace, Oil & Gas, Food & Beverages) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4888
  • Published Date: May 01, 2023
  • Report Format: PDF, PPT

Global Hydrophobic Coatings Market Size, Forecast, and Trend Highlights Over 2023 - 2035

Hydrophobic Coatings Market size is estimated to reach ~USD 1.43 Billion by the end of 2035 by growing at a CAGR of ~3% over the forecast period, i.e., 2023 – 2035. In addition to this, in the year 2022, the market size of hydrophobic coatings was ~USD 1 Billion. The growth of the market can be attributed to the growing need for consumer electric appliances. The long-lasting hydrophobic coatings can be applied to the metallic surfaces of household appliances to provide anti-fouling and easy-to-clean qualities. In 2023, each person is expected to buy approximately one piece of consumer electronics. Furthermore, demand for domestic air conditioning in the United States is expected to increase by 59% during the next 30 years. Furthermore, by 2022, approximately 88% of American homes will have air conditioning.

In addition to these, factors that are believed to fuel the market growth of hydrophobic coatings include the rising demand for automobiles. In 2023, the number of automobiles produced in the United States is expected to exceed 15 million, a rise of over 1 million vehicles. In addition, retail sales of new cars are expected to rise by 4% to over 1 million in December from a year ago, while inventories continue to rise. Hydrophobic coatings, such as ceramic coatings, are used to offer a seal or top layer to the car, which helps to maintain the paintwork. Furthermore, permanent hydrophobic coatings can diminish wettability and prevent water from freezing on the aluminum body of the aircrafts as well.


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Global Hydrophobic Coatings Market: Key Insights

Base Year

2022

Forecast Year

2023-2035

CAGR

~3%

Base Year Market Size (2022)

~ USD 1 Billion

Forecast Year Market Size (2035)

~ USD 1.43 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Global Hydrophobic Coatings Market: Growth Drivers and Challenges

Market-Growth-Drivers

Growth Drivers

  • Growing Constructional Activities– Hydrophobic coatings keep the walls dry and protect the home from the impacts of weather. As per the statistics of the US Census Bureau and the US Department of Housing and Urban Development, in February 2023, there were 1,524,000 building permits were issued. Out of which, 1,45,000 house construction was commenced and 1,557,000 house constructions were completed.
  • Rising Production of Automobiles – A hydrophobic coating can shield a vehicle from UV rays, acid rain, snow and ice, grime, dirt and grease. In 2021, roughly 80 million vehicles were produced worldwide, representing a 1% increase over 2020.
  • Growing Cases of Surgical Procedures – Hydrophobic coatings keep surgical tools cleaner overall and for longer periods of time when devices, surgical tools, and equipment become clogged with fluids or tissue debris. Moreover, the hydrophilic coating is intended to reduce friction while the catheter is introduced, lowering the risk of urethral injury and preventing bacterial growth. Therefore, rising instances of surgical operations are likely to increase the market growth. According to the World Health Organization, every year, millions of people get surgical treatment, with surgical treatments accounting for an estimated 13% of total disability-adjusted life years worldwide.
  • Rising Demand for Plastic– Hydrophobic coatings are used in biomedical plastic and other plastic products as the coating adheres well to the plastic surface.  According to the UN Environment Programme plastic manufacture has increased at a quicker rate than any other material. If current growth rates continue, worldwide primary plastic production is expected to reach 1,100 million tons by 2050.
  • Increasing Demand for Electronics–To make electronic and smart devices objects waterproof, the coating can be sprayed over them. The sales of refrigerator revived starting in 2021 and attain annual sales of over 236 million units by 2025. Furthermore, each year, around 215 million refrigerators are sold worldwide.

Challenges

  • Strict regulatory constraints and the possibility of product replacement- The regulation for products that are not easily degradable and chemically tested has become more stringent than ever. Since these products have the potential to generate hazards especially when produced in proximity to human dwellings. Manufacturers are forced to adhere to the new regulation by changing the composition, the substrate, and the raw material or by switching to different products. Therefore, the difficulty faced by manufacturers in keeping up with the legal standards is likely to hamper the market growth.
  • Low awareness about selecting the correct substrate for applying hydrophobic coatings
  • Risk of degradation of the coating


Global Hydrophobic Coatings Market Segmentation

The global market is segmented and analyzed for demand and supply by end-user into automotive, electronics, building & construction, marine, textiles, healthcare, aerospace, oil & gas, food & beverages, and others. Out of these nine end user of hydrophobic coatings, the automotive segment is estimated to gain the largest market share of about ~25% in the year 2035. The growth of the segment can be attributed to the increasing production of automobiles. Automobile hydrophobic coatings are a type of protective layer that is placed to the paint or other exterior surfaces of a vehicle. Hydrophobic coatings on vehicles create a waterproof seal. They add a seal or covering to your car, similar to a ceramic coating, which helps to protect your paintwork. They're wonderful for repelling water and sludge, which can make washing your automobile easier. Over 67 million cars were sold globally in 2021, with over 66 million sold in 2022. Furthermore, by the end of 2023, car sales are predicted to reach around 70 million.

The global hydrophobic coatings market is also segmented and analyzed for demand and supply by function into anti-corrosion, anti-microbial, anti-fouling, anti-icing/wetting, self-cleaning, and others. Amongst these six segments, the anti-icing/segment is expected to garner a significant share of around ~30% in the year 2035. Ice often forms when tiny cloud droplets collide and freeze on the vehicle and plane's leading edges, or front surfaces. In airplanes, ice affects airflow over the wing and tail, reducing lift force and potentially producing loss of control. Ice deposition on the surfaces of the vehicle is one of the serious causes of accidents. Since surface icing can cause massive losses in human life and property, novel anti-icing solutions must be used immediately. The growth of the segment is attributed rising production of aircraft and automobiles. Moreover, superhydrophobic materials have been discovered to have significant application value in the field of anti-icing, and numerous processes for preparing superhydrophobic coatings have been successfully developed.

Our in-depth analysis of the global hydrophobic coatings market includes the following segments:

    By Coating Layer

  • Single Layer
  • Multi-Layer

    By Product

  • Polysiloxanes
  • Fluoropolymers
  • Fluoro-Alkylsilanes
  • Titanium Oxide
  • Others

    By Application Method

  • Dip Coating
  • Brushing
  • Roll Coating
  • Spraying
  • Others

 

 

   By Function

  • Anti-Corrosion
  • Anti-Microbial
  • Anti-Fouling
  • Anti-Icing/Wetting
  • Self-Cleaning
  • Others

   By End User

  • Automotive
  • Electronics
  • Building & Construction
  • Marine
  • Textiles
  • Healthcare
  • Aerospace
  • Oil & Gas
  • Food & Beverages
  • Others
 

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Global Hydrophobic Coatings Market Regional Synopsis

The market share of hydrophobic coatings in Asia Pacific, amongst the market in all the other regions, is projected to be the largest with a share of about ~35% by the end of 2035. The growth of the market can be attributed majorly to the growing demand for housing and rise in the construction activities. The overall number of new homes starting in Japan in 2021 is expected to be around 870,000 units, a 7% increase over 2020. Furthermore, the development of around 404 thousand detached dwellings in Japan commenced in 2022. Furthermore, India has a high need for housing, and residential launches have been relatively high in recent years.  In the Indian residential sector in 2022, around 328 thousand housing units were launched. On the other hand, market growth in the region is expected on the account of growing production of the vehicles.

The North American hydrophobic coatings market is estimated to be the second largest, registering a share of about ~25% by the end of 2035. The growth of the market can be attributed majorly to the growing demand for consumer electronics. Every year, 40-50 million vacuums are sold in the United States, with upright vacuums accounting for the vast majority. Furthermore, it was expected in 2018 that approximately 14 million residents in the United States would have robotic vacuum cleaners. In addition to this, with around 298 million smartphone users as of 2021, the United States has one of the world's largest smartphone marketplaces. Furthermore, the market growth is also attributed to the rising demand for vehicles. In March 2023, new car sales in the United States were about 1 million units, a 19% increase from February 2023 and a nearly 9% increase from March 2022.

Further, the market in the Europe, amongst the market in all the other regions, is projected to hold a majority of the share by the end of 2035. The growth of the market can be attributed majorly to the growing production of automobiles. Between 2010 and 2021, the production of automobiles dramatically increased in the EU and each of its 27 member countries. In 2021, the European Union produced around 10 million passenger automobiles Moreover, the registration of passenger car increased by approximately 11% in January 2023. Moreover, the growth of the market in Europe is expected on the account of the rising demand for consumer electronics.

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Top Featured Companies Dominating the Global Hydrophobic Coatings Market

top-features-companies
    • BASF SE
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • AkzoNobel N.V.
    • PPG Industries
    • 3M
    • Nippon Paint Holdings Co., Ltd.
    • DuPont de Nemours, Inc.
    • Corning Incorporated
    • GVD Limited
    • Coat-X SA
    • NEI Corporation

In-the-news

In The News

  • Nippon Paint Holdings Co., Ltd. announced the launch of FASTAR, the industry’s first next-generation hydrolysis antifouling paint based on the nanotechnology. It includes a hydrophilic and hydrophobic nanodomain structure for the first time utilising a novel nanotechnology.
  • Coat-X SA announced the launch of new superhydrophobic nanolayer that increases the performance of the community mask and commercially available mask. These mask are more environmentally friendly. The newly discovered silicon-based conformal coating can be utilised to create extremely hydrophobic complex 3D surfaces.

Author Credits:  Smruti Ranjan, Rajrani Baghel


  • Report ID: 4888
  • Published Date: May 01, 2023
  • Report Format: PDF, PPT

Key Questions Answered in the Report

1) What are the major factors driving the growth of the hydrophobic coatings market?

Ans: Increasing demand for housing, automobiles, and plastic products are the major factors driving the market growth.

2) What would be the CAGR of hydrophobic coatings market over the forecast period?

Ans: The market size of hydrophobic coatings is anticipated to attain a CAGR of ~3% over the forecast period, i.e., 2023 – 2035.

3) What are the challenges affecting the hydrophobic coatings market growth?

Ans: Lack of awareness regarding coating application and difficulty in regulation compliance are estimated to be the growth hindering factors for the market expansion.

4) Which region will provide more business opportunities for growth of hydrophobic coatings market in future?

Ans: The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

5) Who are the major players dominating the hydrophobic coatings market?

Ans: The major players in the market are BASF SE, AkzoNobel N.V., PPG Industries, 3M, Nippon Paint Holdings Co., Ltd., DuPont de Nemours, Inc., Corning Incorporated, GVD Limited, NEI Corporation, and Coat-X SA.

6) How are the company profiles selected?

Ans: The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

7) What are the segments in the hydrophobic coatings market?

Ans: The market is segmented by coating layer, product, application method, function, end user, and by region.

8) Which segment captures the largest market size in the end user segment in the hydrophobic coatings market?

Ans: The automotive segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

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