Superhydrophobic coatings are extensively used in automotive industry due to its excellent water repellent and dust repellent properties. These coatings can be employed by reducing the surface energy and enhancing surface roughness, which subsequently amplify the hydrophobicity of the surface. Various surface technologies offer a wide range of high-quality treatments for the automotive industry. Superhydrophobic coatings increase service life and lead to reduced costs.
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Global Superhydrophobic Coating Market's expected to reach USD 39,649.95 thousand by 2028 from USD 19,628.81 thousand in 2020, with a CAGR of 10.1% in the forecast period of 2021 to 2028. Growing adoption of hydrophobic coating across various industrial domains, increasing utilization of hydrophobic coatings in catheters and guidewires, and increasing demand for anti-corrosive coating in the marine structures are the several factors that help to boost the demand on the market.
Increasing demand for electric vehicles across the world will drive the market's growth rate
Thermoelectric coatings take advantage of temperature differences generated all over electric cars, from the sun on the vehicle panels inside the cabin, to motor parts and electrical batteries that can generate electric current. Due to these advanced applications, coating opportunities increased about two to four times in electric vehicles as compared to conventional combustion vehicles. Thus, the increase in demand for super hydrophobic coatings for a broad range of applications in the manufacturing of electric vehicles is expected to drive the growth of the global superhydrophobic market over the forecast period.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2021 to 2028
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Base Year
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2020
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Historic Years
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2019 (Customizable to 2013 - 2018)
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Quantitative Units
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Revenue in USD Thousand, Volumes in Units, Pricing in USD
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Segments Covered
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Raw material (Silica Nanoparticles, Carbon Nanotubes, Graphene, Manganese Oxide Polystyrene, Zinc Oxide Polystyrene, Precipitated Calcium Carbonate and Others), Substrate Type (Metal, Glass, Polymer, Ceramics, Concrete, Textiles and Others), Technology (Sol-Gel process, Chemical Vapor Deposition, Phase Separation, Electrospinning and Others), Coating Layer (Single Layer and Multi-Layer), Application Method (Dip Coating, Brushing, Roll Coating, Spraying and Others), Function (Anti-Corrosion, Anti-Icing, Anti-Wetting, And Self-Cleaning and Others), Grade (Food Grade, Chemical Grade and Others), Distribution Channel (Offline and Online), End User (Automotive, Electronics, Packaging, Building & Construction, Textiles, Healthcare, Aerospace, Industrial and Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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UltraTech International, Inc. (U.S.), Henkel AG & Co (Germany), Aculon (U.S.), NTT Advanced Technology Corporation (U.S.), Keronite (U.K.), Nanoshel LLC (U.S.) and Nanorh (U.S.) among others
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand
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Segment Analysis:
Global superhydrophobic coating market is segmented into nine notable segments based on raw material, substrate type, technology, coating layer, application method, function, grade, distribution channel, end-user in the market.
- On the basis of raw material, the global superhydrophobic coating market is segmented into silica nanoparticles, carbon nanotubes, graphene, manganese oxide polystyrene, zinc oxide polystyrene, precipitated calcium carbonate and others. In 2021, the silica nanoparticles segment is expected to dominate in the global superhydrophobic coating market with 23.61% market share due to the extensive usage of silica nano particles as raw materials in coating industries increasing its demand.
- On the basis of substrate type, the global superhydrophobic coating market is segmented into metal, glass, polymer, ceramics, concrete, textiles, and others. In 2021, the metal segment is expected to dominate in the global superhydrophobic coating market with 30.20% market share due to its use in automotive and aerospace industries.
- On the basis of coating technology, the global superhydrophobic coating market is segmented into the sol-gel process, chemical vapor deposition, phase separation, electrospinning, and others. In 2021, the sol-gel process segment is expected to dominate the global superhydrophobic coating market with 31.86% market share due to its extensive usage in coating industries.
- On the basis of coating layer, the global superhydrophobic coating market segmented into single layer and multi-layer. In 2021, coating layer segment is expected to dominate in the global superhydrophobic coating market with 58.64% market share due to its unique properties.
- On the basis of application method, the global superhydrophobic coating market is segmented into Dip Coating, Brushing, Roll coating, spraying and others. In 2021, the spraying segment is expected to dominate in the global superhydrophobic coating market with 38.81% market share. In Asia-Pacific, the demand the for spraying method is more in China and India as the demand for the segment in automotive industries is more which dominate the region.
- On the basis of function, the global superhydrophobic coating market is segmented into anti-corrosion, anti-icing, anti-wetting, and self-cleaning, and others. In 2021, the anti-corrosion segment is expected to dominate in the global superhydrophobic coating market with a 35.72% market share. In Asia-Pacific, the demand the for the anti-corrosion function is more in China and India as the demand for the industrial coatings is more which dominate the region.
- On the basis of grade, the global hydrophobic market is segmented into food-grade, chemical grade, and others. In 2021, the chemical-grade segment is expected to dominate in the global superhydrophobic coating market with a 62.17% market share. In Asia-Pacific, the demand the for the chemical grade is more in China and India as the demand for the industrial coatings is more which dominate the region.
- On the basis of distribution channel, the global superhydrophobic coating market is segmented into offline and online. In 2021, the offline segment is expected to dominate in the global superhydrophobic coating market with 61.72% market share. In Asia-Pacific, the demand the for the Offline segment is more in China and India as the demand for the industrial coatings is more which dominate the region.
The offline segment will dominate the distribution channel segment of the superhydrophobic coating market
The offline segment will emerge as the dominating segment under distribution channel segment. This is because of the growing territory of the offline market especially in the developing economies. Further, growth and expansion of research development services on a global scale will further bolster the growth of this segment.
- On the basis of end-user, the global superhydrophobic coating market is segmented into automotive, electronics, buildings & construction, packaging, textiles, healthcare, aerospace, industrial and others. IN 2021, the industrial segment is expected to dominate in the global superhydrophobic coating market with 21.87% market share. In Asia-Pacific, the demand the for the industrial segment is more in China and India as the demand for the industrial coatings is more which dominate the region.
The industrial segment will dominate the end-user segment of the superhydrophobic coating market
The industrial segment will emerge as the dominating segment under end-user with approximately 22% market share. This is because of the growing number of infrastructural development activities in the market especially in the developing economies. Further, growth and expansion of the chemicals and industry all around the globe will further bolster the growth of this segment.
Major Players
Data Bridge Market Research recognizes the following companies as the market players in power plant boiler market: UltraTech International, Inc. (U.S.), Henkel AG & Co (Germany), Aculon (U.S.), NTT Advanced Technology Corporation (U.S.), Keronite (U.K.), Nanoshel LLC (U.S.) and Nanorh (U.S.).
Market Development
- A collaboration deal between P2i and Samsung for the deployment of its Barrier nano coating technology across a number of smartphone designs from 2019 and the extension of water and liquid protection to the interior components of specific Samsung Galaxy devices was announced in March 2020.
- Extra Horizon was included in Henkel AG & Co.'s ecosystem of partners in 2021. With the help of this new partnership, the company will be able to significantly speed up innovation in the digitization of healthcare by fusing Henkel's knowledge of cutting-edge material solutions with Extra Horizon's unmatched technological and medical experience.
- The new ultra-surfcleaner technology from UltraTech International, Inc. was unveiled in 2020 and is used to separate water spills. This technology is used to prevent and clean up oil spills in oceans, which constitute a major threat to contamination from accidents and other causes.
- In March 2020, Advanced Nanotech Lab developed a durable antimicrobial Nano coating. This coating was branded as 'Hydraguard plus.' These coatings protect surfaces from the virus. This coating launch into market will increase the company's market growth.
Regional Analysis
Geographically, the countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
North America is the dominant region in superhydrophobic coating market during the forecast period 2021 to 2028
The largest market for superhydrophobic coatings is in North America. North America collectively holds the largest market share for superhydrophobic coatings. The massive demand from the North American market for manufacturers is a result of the sector's explosive growth in information and communication technologies.
Asia-Pacific is estimated to be the fastest-growing region in superhydrophobic coating market the forecast period 2021 to 2028
As a result of rising demand in nations such as China and India, the need for coatings is growing throughout the Asia-Pacific region because the automotive industry uses superhydrophobic coating so extensively, demand for the coating is rising.
COVID-19 Impact
Consumers, businesses, and governments all over the world have experienced financial hardship because of COVID-19. The market for superhydrophobic coatings is being impacted by COVID-19. Labor-intensive sectors are still in danger since they will not be able to meet demand because of the possibility of an infected workforce. Furthermore, by the first quarter of 2021, the market for superhydrophobic coatings would have experienced a significant recovery because to continually improving workplace safety procedures.
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