Hydrophobic Coatings Market to See 6%+ Growth Up To 2024| AkzoNobel, BASF, PPG Industries, 3M, Groupe Prelco, DryWired and 9 Other Companies Profiled
According to new growth analysis report by Global Market Insights, Inc., hydrophobic Coatings market in polysiloxanes product segment is expected to surpass US$ 210 million by 2024.
SELBYVILLE, Del., Oct. 23, 2018 /PRNewswire-PRWeb/ -- U.S. titanium dioxide based hydrophobic coatings market will exceed USD 20 million in the projected timeframe owing to anti-smudging and easy-to-clean properties. They are very effective for developing durable and mechanically stable Coatings that can also serve as a barrier. It has extensive usage in cements, paints, window glasses & textiles application which will contribute towards regional product demand.
Global Hydrophobic Coatings Market size is set to surpass USD 2 billion by 2024 with consumption to exceed 15 kilo tons by 2024.
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China fluoropolymer based hydrophobic coatings market is expected to surpass USD 110 million in the projected timeframe owing to increasing electronic regional market. It is resistant to acids, solvents and friction. Increasing consumer preference towards high quality electronic products along with rising investment in Coatings industry braced by implementation of sustainable techniques will have a positive impact on market growth.
Hydrophobic coatings market size from aerospace application may witness significant gains up to 5% by 2024. The product would be applied to whole surface of plane and could help prevent buildup of ice deposits. The ice-building up on the exteriors of aerospace machines owing to flying higher altitudes and encountering supercooled water when flying through low-lying clouds could cause substantial problems, including drag and lift specially, accumulations of ice could result in severe transportation problem owing to imbalances of aircrafts under a high speed.
Hydrophobic coatings market from medical application is anticipated to exceed USD 60 million by 2024. With the product properties of repellency to fluids, blood, and tissue sheets which slide off easily. It keeps surgical tools clean and reduces risks of infection and contamination in patients owing to its anti-microbial, self-cleaning and antifouling properties, thus stimulating product demand.
Browse key Hydrophobic coatings market insights from the 2018 report spread across 520 pages offering 846 market data tables as well as 31 figures & charts along with the table of contents:
https://www.gminsights.com/industry-analysis/hydrophobic-coatings-market
Metal substrate segment may witness strong gains up to 6% by 2024. The product is transparent fluid resistant and durable which has been developed for corrosion mitigation. They have high concentration than traditional organic polymer Coatings and are electrically protecting, ensuring improved barrier properties to water and corrosion. Metals attract water owing to electromagnetic attraction causing corrosion. The product can be applied easily & safely without complications machinery which would boosting market growth.
Hydrophobic coatings market size from anti-microbial property may witness significant gains up to 4% by 2024. Antibacterial and water-repellent Coatings on textile surfaces are being increasingly utilized as they are healthier and more comfortable on garments in daily life. Manufacturers are using sol gel techniques which have recently attracted a wide attention to develop innovative high value-added products.
Top key players mentioned in this hydrophobic coatings market report include AkzoNobel, BASF, PPG industries, 3M, Groupe Prelco, DryWired, Nippon Paint, NEI Corporation, Abrisa Technologies, Aculon, Advanced Industrial Coatings, NeverWet, Cytonix and Surfactis Technologies.
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Partial Chapter from the table of contents (TOC):
Chapter 3: Hydrophobic Coatings Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013 – 2024
3.3 Industry ecosystem analysis
3.4 Vendor Matrix
3.4.1 Distribution channel analysis
3.4.1.1 Collaborations/Partnerships
3.4.1.2 Distributors
3.5 Regulatory landscape
3.5.1 U.S.
3.5.1.1 Environmental Protection
3.5.2 Europe
3.5.2.1 Limitation of emissions of volatile organic compounds due to the use of organic solvents in certain activities and installations
3.5.3 China
3.5.3.1 Controls and Requirements of the VOC Regulation
3.6 Raw material analysis
3.7 Technology landscape
3.7.1 Hydrophobic Coatings process
3.8 Pricing analysis
3.8.1 Regional pricing analysis
3.8.2 Cost structure analysis
3.9 Industry impact forces
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3.9.1 Hydrophobic Coatings Market Growth drivers
3.9.1.1 North America: Growing medical equipment market in the region owing to extensive presence of hospitals and public health institutions.
3.9.1.2 Europe: Growing automotive industry in the region is anticipated to fuel product demand by 2024
3.9.1.3 Asia Pacific: Growing construction sector in the region
3.9.1.3.1 Asia Pacific: Expanding upstream oil & gas sector
3.9.2 Industry pitfalls & challenges
3.9.2.1 High cost, risk of damage during application and health concern
3.10 Innovation & Sustainability
3.11 Growth potential analysis, 2017
3.12 Emerging business model
3.12.1.1 Collaborations/Joint Ventures
3.12.1.2 Acquisition
3.12.1.3 New product launch
3.12.1.4 Contract Manufacturers
3.13 Porter's analysis
3.14 Competitive landscape, 2017
3.14.1 Strategy dashboard
3.15 PESTEL analysis
Browse Related Reports:
1. Aerospace Coatings Market Size By Resin (Polyurethane , Epoxy), By Technology (Solvent Based Coatings, Water Based Coatings, Powder Coatings), By User (OEM, MRO), By Aircraft (Commercial Aircraft, Military aircraft, Helicopters, Spacecraft), By Application (Exterior, Interior), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, France, UK, Italy, Russia, Poland, Netherlands, China, Japan, India, South Korea, Singapore, Australia, Thailand, Malaysia, Taiwan, Brazil, Mexico, Argentina, Peru, Chile, Colombia, Venezuela, Saudi Arabia, Israel, Egypt, Turkey, Iran, Algeria, UAE, Syria, South Africa), Application Development, Competitive Landscape & Forecast, 2017 – 2024.
Aerospace Coatings Market size was worth over USD 680 million in 2016 and the demand is estimated to cross 16 kilo tons by 2024 at 5.4% CAGR from 2017 to 2024. Read more at
https://www.gminsights.com/industry-analysis/aerospace-coatings-market
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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