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
Frequently Asked Questions (FAQ)
Increasing demand for housing, automobiles, and plastic products are the major factors driving the market growth.
The market size of hydrophobic coatings is anticipated to attain a CAGR of 3% over the forecast period, i.e., 2023-2035.
Lack of awareness regarding coating application and difficulty in regulation compliance are estimated to be the growth hindering factors for the market expansion.
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.
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.
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.
The market is segmented by coating layer, product, application method, function, end user, and by region.
The automotive segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.