APAC Hydrophobic Coatings Market - Industry Trends and Forecast to 2030
The Asia-Pacific hydrophobic coatings market is expected to reach USD 1,496,694.05 thousand by 2030 from USD 998,759.28 thousand in 2022, growing at a CAGR of 5.3% in the forecast period of 2023 to 2030.
Market Segmentation
Asia-Pacific Hydrophobic Coatings Market, By Product (Polysiloxanes, Fluoropolymers, Fluoro-Alkylsilanes, Titanium Dioxide, and Others), Substrate Type (Metal, Glass, Polymer, Ceramics, Concrete, and Textiles), Coating Layer (Single Layer and Multi-Layer), Application Method (Dip Coating, Brushing, Roll Coating, Spraying, and Others), Function (Anti-Corrosion, Anti-Microbial, Anti-Fouling, Anti-Icing/Wetting, Self-Cleaning, and Others), End-User (Automotive, Electronics, Building & Construction, Marine, Textiles, Healthcare, Aerospace, Oil & Gas, Food & Beverages, and Others), Country (China, India, Japan, South Korea, Australia and New Zealand, Indonesia, Singapore, Malaysia, Thailand, Philippines, and rest of Asia-Pacific) - Industry Trends and Forecast to 2030
Overview of Asia-Pacific Hydrophobic Coatings Market Dynamics
Driver
• Usage of hydrophobic coatings in the automotive and aerospace sector
• Increase in utilization of hydrophobic coatings in guidewires
Restraint
• Volatility of raw materials and coating products cost
Opportunity
• Increase in demand for coatings in the electronics display screen
Market Players
Some of the major market players operating in the Asia-Pacific hydrophobic coatings market are:
• BASF SE
• 3M
• Nippon Paint Holdings Co., Ltd.
• Akzo Nobel N.V.
• PPG Industries, Inc.
• Aculon
• Advanced Nanotech Lab
• ALLEGIANCE NANOSOLUTIONS
• Artekya Teknoloji
• CYTONIX, LLC,
• Lotus Leaf Coatings, Inc.
• Nanokote
• NEI Corporation
• NOANIX