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Superhydrophobic Coating Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

Category : Construction and Manufacturing | Published at : March-2024 | Delivery Format : PDF | Status: Published | Pages : 250

The Superhydrophobic Coating Market Size accounted for USD 19.6 Million in 2022 and is estimated to achieve a market size of USD 184.5 Million by 2032 growing at a CAGR of 25.3% from 2023 to 2032.

Superhydrophobic Coating Market Highlights

  • Global superhydrophobic coating market revenue is poised to garner USD 184.5 million by 2032 with a CAGR of 25.3% from 2023 to 2032
  • North America superhydrophobic coating market value occupied around 42% market share in 2022
  • Asia Pacific superhydrophobic coating market growth will record a CAGR of more than 27% from 2023 to 2032
  • Among product type, the anti-corrosion sub-segment generated notable 30% share 2022
  • Based on end-use industry the textile and footwear sub-segment generated around 43% market share in 2022
  • Expansion of the textile industry is a popular superhydophobic coating market trend creating demand in the coming years

Superhydrophobic Coating Market Dynamics

The superhydrophobic coating is produced by composite materials and has a lean surface layer. Composite materials contain two types one offers roughness and the other one offers small-surface energy. The superhydrophobic coating contains diverse applications in various industries like the textile industry, aerospace, marine applications, medical devices, nuclear reactors, automotive, sensing, and clinical diagnostics. Additionally, it contains vital properties in the Anti-icing, Anti-wetting, Anti-corrosion, and self-cleaning. Furthermore, growing awareness of sustainability, environmental regulation, and technological advancement prompted the superhydrophobic coating market.

Global Superhydrophobic Coating Market Dynamics

Market Drivers

  • Growing textile industry
  • Growing demand of electric vehicles
  • Increasing necessitate for waterproofing solutions

Market Restraints

  • Rising charge of raw materials
  • Limited adoption in certain industries
  • Challenges related to durability

Market Opportunities

  • Increasing demand for solar panels
  • Increasing environmental regulations and sustainability
  • Technological advancements

Superhydrophobic Coating Market Report Coverage

Market Superhydrophobic Coating Market
Superhydrophobic Coating Market Size 2022 USD 19.6 Billion
Superhydrophobic Coating Market Forecast 2032

USD 184.5 Billion

Superhydrophobic Coating Market CAGR During 2023 - 2032 25.3%
Superhydrophobic Coating Market Analysis Period 2020 - 2032
Superhydrophobic Coating Market Base Year
2022
Superhydrophobic Coating Market Forecast Data 2023 - 2032
Segments Covered By Product Type, By End-Use Industry, And By Geography
Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled NEI Corporation, Surfectis Technologies, P2i Ltd, Hirec Paints, Keronite, Aculon, Nanoshel LLC, Nanorh, United Protec, NASIOL NANO COATING, Hydrobead, NTT Advanced Technology Corporation, UltraTech International Inc., Henkel AG & Co, and Others.
Report Coverage
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Covid-19 Analysis, Regulation Analysis

Superhydrophobic Coating Market Insights

The superhydrophobic coating market experiencing significant growth due to the drivers like the growing textile industry, rising demand for electric vehicles, and increasing necessitate for waterproofing solutions. Superhydrophobic textiles contain superior properties such as excellent oil resistance and water repellency and are also active in secure cleaning performance. Firstly, the growing textile industry boosts the superhydrophobic coating market. New projects are developed in India regarding textile products. For instance, 7.4 million R&D projects were approved by the government of India in the year June 2023. Additionally, 44% of the rise in the textile exports in India.

Additionally, a rising charge of raw materials impedes the market’s growth. Silicon resins and fluoropolymers both are the raw materials used for the primary requirements. Additionally, urethane and fluoropolymer materials are dispersed in binders Furthermore, some nanoparticles are used in this process such as silicon dioxide, titanium dioxide, and cerium oxide. So, this is the complex process and requirement of very high-cost raw materials. Overall, this high charge of raw material restrains the market growth. Moreover, challenges related to durability and limited adoption in certain industries may hamper the market growth.

Additionally, increasing demand for solar panels also became an opportunity in the coming years. Solar electricity is continuously rising and experiencing significant growth in the market. For instance, according to the International Energy Agency (IEA), PV radiations are experiencing a steady growth between the years 2023 to 2025 which is 25 GW. Moreover, in the year 2019, Germany added 4GW solar power capacity. Overall, in the United Kingdom 4% increase in the solar power rate. Hence, the rising solar power market creates an opportunity for the superhydrophobic coating market. Furthermore, increasing environmental regulation sustainability and technological advancements further became an opportunity for the growth of the superhydrophobic coating market.

Superhydrophobic Coating Market Segmentation

The worldwide market for superhydrophobic coating is split based on product type, end-use industry, and geography.

Superhydrophobic Coating Product Types

  • Anti-Corrosion
  • Anti-Icing
  • Self Cleaning
  • Anti-Wetting

According to superhydrophobic coating industry analysis, based on the product types, the market is segmented into anti-corrosion, anti-icing, self-cleaning, and anti-wetting. Anti-corrosion product type dominates the superhydrophobic coating market. Anti-corrosion is a technique used for the removal of the negative effects of corrosion. Additionally, this technique is required for succession and to resist the occurrence of corrosion. Furthermore, epoxy coatings are commonly used for corrosion resistance. Epoxy/graphene has power over moisture resistance properties, extremely hydrophobic surfaces, and water contact angle. Epoxy polymer contains improved toughness, heat stability, chemical resistivity, and adhesiveness.

Superhydrophobic Coating end-use industry

  • Textile And Footwear
  • Automotive
  • Building And Construction
  • Upcoming End-User Industries

According to the superhydrophobic coating industry analysis, based on the end-use industry, the market is segmented into textile and footwear. Automotive, building and construction, and upcoming end-user industries. The textile and footwear segment dominates the superhydrophobic coating market. Firstly, China is the leading country in the production and exports of textiles. For instance, exports of 316 billion garments and textiles and retail of 672 billion in the year 2022 in China. So, China has been at the forefront of the production and exports of textiles since the year 2010. Furthermore, the growing footwear industry in the U.S. also boosts the market. For instance, the footwear industry in the U.S. contains the highest revenue in the year 2024.

Superhydrophobic Coating Market Regional Outlook

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • Germany
  • France
  • Spain
  • Rest of Europe

Asia-Pacific

  • India
  • Japan
  • China
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

The Middle East & Africa

  • South Africa
  • GCC Countries
  • Rest of the Middle East & Africa (ME&A)

Superhydrophobic Coating Market Drivers

Superhydrophobic Coating Market Regional Analysis

Based on regional analysis, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East, and Africa. North America dominates the superhydrophobic coating market due to the expansion of the textile industry. Firstly, the Textile industry in the U.S. contains the second-largest number globally in exports of textile products. Additionally, robust research and development in this country propel the growth of the textile industry. For instance, in the year 2012 to 2021, the textile industry of the U.S. invested 20.9 billion in innovative equipment and plants. Furthermore, according to the National Council of Textile Organization, 8000 textile products were supplied by the textile industry of the U.S. to the U.S military. Moreover, Countries like Canada and Mexico also have the presence of robust key players which plays an important role in the market’s trajectory.

Additionally, Asia-Pacific is the fastest-growing region in the superhydrophobic coating market. Countries like China, India, Japan, Australia, and South Korea contain a robust presence of key players. Furthermore, China is the leading country in the production and exports of the textile market. China has the largest economy in terms of GDP. Moreover, increasing the residential sector and construction industry due to growing urbanization further propel the growth superhydrophobic coating market.

Superhydrophobic Coating Market Players

Some of the top superhydrophobic coating companies offered in our report includes NEI Corporation, Surfectis Technologies, P2i Ltd, Hirec Paints, Keronite, Aculon, Nanoshel LLC, Nanorh, United Protec, NASIOL NANO COATING, Hydrobead, NTT Advanced Technology Corporation, UltraTech International Inc., Henkel AG & Co, and Others.

Frequently Asked Questions

The superhydrophobic coating market size was valued at USD 19.6 million in 2022.

The CAGR of superhydrophobic coating is 25.3% during the analysis period of 2023 to 2032.

The key players operating in the global market are including NEI Corporation, Surfectis Technologies, P2i Ltd, Hirec Paints, Keronite, Aculon, Nanoshel LLC, Nanorh, United Protec, NASIOL NANO COATING, Hydrobead, NTT Advanced Technology Corporation, UltraTech International Inc., Henkel AG & Co, and Others.

North America held the dominating position in superhydrophobic coating industry during the analysis period of 2023 to 2032.

Asia-Pacific region exhibited fastest growing CAGR for market of superhydrophobic coating during the analysis period of 2023 to 2032.

The current trends and dynamics in the superhydrophobic coating market are rising demand of textile industry, growing demand of electric vehicles, and increasing necessitate for waterproofing solutions.

Anti-corrosion type held the maximum share of the superhydrophobic coating industry.


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