Hydrophobic
Coating Market Analysis By Regions (North America, Europe, Asia-Pacific,
Latin America and Africa), Product, Size, Share, Trends, Growth Factors,
Revenue By Application And Segment Forecasts To 2027.
Global Hydrophobic Coating Market
is expected to reach USD 2.33 billion by 2025. Hydrophobic Coating is termed as
a coating that lessens surface free energies and wettability as contact angles
are high with dissimilar liquids like non-polar liquids and polar liquids. When
water is put onto a surface with a hydrophobic coating, it will form a droplet
with any large contact angle.
Plasma is exclusively used to
render hydrophobic coatings on several surfaces like ceramics, technical
materials, glass, and metals. The repelling of water makes difficult for
surfaces to harbor bacteria and therefore is exclusively used with regards to
surgical and medical tools. The Hydrophobic Coating Market is estimated to grow
at a significant CAGR over the forecast period as the scope and its
applications are rising enormously across the globe.
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Increasing demand from end users
like medical, automotive, aerospace, construction & building, electronics,
and marine and rising use of advanced technology are documented as the major
driving factors to Hydrophobic Coatings Market. However, growing alternatives
to Hydrophobic Coating and strict environmental policy are the factors that may
restrain overall market in the years to come. Hydrophobic Coating Market is
segmented based on substrate type, end user, and region.
Ceramics, metals, polymers,
glass, concrete, and the other substrate types could be explored in Hydrophobic
Coating in the forecast period. The concrete substrate sector is estimated to
grow at the highest CAGR in the years to come as these coatings are exclusively
used to avoid crumbling, cracking, and scaling on concrete.
The market could be categorized
based on end users like medical, automotive, electronics, aerospace, textiles,
building and construction, marine, and others could be explored in Hydrophobic
Coating in the forecast period. Automotive sector accounted for the substantial
market share of Hydrophobic Coating and is estimated to lead the overall market
in the upcoming period. This could be attributed to rising production of
vehicles.
Globally, Asia Pacific accounted
for the substantial market share of Hydrophobic Coating in 2017 and is
estimated to lead the overall market in the near future. The reason behind the
overall market growth could be high demand for vehicles among populace, growing
start-ups in the medical manufacturing sector, developing construction
industry, and rising innovation in the aerospace sector. The developing
countries like India and China are the major consumers of Hydrophobic Coating
in this region.
This research report offers a
comprehensive analysis of key elements of the Hydrophobic Coating Market such as potential top key Manufacturers
along with their strengths and weaknesses. The Hydrophobic Coating Market report also comprises some useful
strategies and scenario for the new players in the market. While forecasting
the growth of the global Hydrophobic
Coating market, various statistical tools were utilized to get an accurate
result of the Demographic data.
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