Hydrophobic Coatings Market size is estimated to reach USD 1.43 Billion by the end of 2035, growing at a CAGR of 3% during the forecast period, i.e., 2023-2035. In the year 2022, the industry 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.
Growth Drivers
Challenges
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Base Year |
2022 |
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Forecast Year |
2023-2035 |
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CAGR |
~3% |
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Base Year Market Size (2022) |
~ USD 1 Billion |
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Forecast Year Market Size (2035) |
~ USD 1.43 Billion |
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Regional Scope |
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End-user (Automotive, Electronics, Building & Construction, Healthcare, Aerospace, Oil & Gas, Food & Beverages)
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.
Function (Anti-Corrosion, Anti-Fouling, Self-Cleaning)
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 market includes the following segments:
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By Coating Layer |
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By Product |
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By Application Method |
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By Function |
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By End User |
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APAC Market Statistics
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.
North American Market Forecast
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.
Europe Market Forecast
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.
Author Credits: Rajrani Baghel
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