Global Superhydrophobic Coatings Market Analysis & Trends - Industry Forecast to 2030
Superhydrophobic Coatings: Market Size
From $38.92 million in 2024, the global Superhydrophobic Coatings market is projected to reach $125.82 million by 2030. Based on our analysis the market is expected to grow at a CAGR of 21.6% from 2024 - 2030 timeframe. Some of the prominent trends that the market is witnessing include growing demand in across various industries domain (textile & leather), technological advancements in super hydrophobic coatings and raising demand for electric vehicles.
Global Superhydrophobic Coatings Market: Market Dynamics
Superhydrophobic coatings are made of excellent materials with waterproofing capabilities and are defined by a surface that exhibits an apparent contact angle of more than 150°, a sliding angle of less than 10°, and a contact angle hysteresis of less than 10°. Owing to their non-wetting behavior, these materials have been highlighted for use in the development of biomaterial for medical devices and other applications.
On the other hand, the high price raw material is likely to obstruct the profit boundaries. In addition, implementation of stringent environment regulations will further boost for the Superhydrophobic coatings market.
Impact of COVID-19 on Superhydrophobic coatings
The rapid spread of coronavirus has had a major impact on global markets as, major economies of the world are completely lockdown due to this pandemic. Because of this major lockdown, suddenly all the consumer market has started to show zero interest towards purchasing any goods. One of the major difficulties, market is facing are the shutdown of all kinds of international transportation. Global crisis for all sectors including shipping, which was hit by slowing demand in goods’ production and exports had slowdown the market for superhydrophobic coatings.
By Type
Anti-corrosion Segment Dominate the Market in 2024
The anti-corrosion properties of epoxy composite coatings were improved by addition of functionalized fullerene C60 and graphene. Fullerene C60 has the shape of an icosahedron. It is built out of carbon atoms located at the nodes of 20 hexagons and 12 pentagons arranged in a cage lattice (diameter 0.7 nm) defined by alternating single and double bonds. The nanofillers strongly self-associate into ropes and other structures that are extremely difficult to disperse in polymers, especially graphene which forms irreversible agglomerates due to π–π stacking and van der Waals interactions.
By Geography
North America Region is Leading in the Global Market Place
It mainly due to the presence of major companies having high technological investments in the industry, economic recovery, and increasing demand for advanced consumer electronics. Some of the key factors driving this demand are the growing textile, automotive, and construction industries in the United States. Superhydrophobic coating is also used in self-cleaning. Every coated substrate exhibited super-hydrophobicity, with water contact angle is nearly 160° and sliding angle is less than 6°.
List of the Key Players Profiled in the Market Include: • Aculon
• Advanced Nanotech Lab
• Beijing Neatrition Tech Co Ltd
• Cytonix
• DryWired
• Lotus Leaf Coatings Inc.
• Nanex Co.
• Nasiol Nano Coating
• NEI corporation
• NTT Advanced Technology Corporation
• P2i Ltd
• Pearl Nano LLC
• Rust Oleum
• The Sherwin Williams Company
• UltraTech International Inc
List of the Regions/Countries Profiled in the Market Include: North America
• US
• Canada
• Mexico
Europe
• Germany
• U.K
• Italy
• France
• Spain
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Rest of Asia Pacific
Middle East
• Saudi Arabia
• UAE
• Rest of Middle East
Latin America
• Argentina
• Brazil
• Rest of Latin America
Rest of the World (RoW)
• South Africa
• Others