Austin, TX, USA, April 25, 2023 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Superhydrophobic Coatings Market Size, Trends, and Insights By Product Type (Anti-corrosion, Self-cleaning, Anti-icing, Anti-wetting), By End-user (Transportation, Textiles & Footwear, Medical, Construction, Electricals & Electronics, Optical, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030” in its research database.
“According to the latest research study, the demand for global Superhydrophobic Coatings Market size & share was valued at approximately USD 4.57 Million in 2022 and is expected to reach USD 19 Million in 2023 and is expected to reach a value of around USD 120 Million by 2030, at a compound annual growth rate (CAGR) of about 25% during the forecast period 2022 to 2030.”
Our research report offers a 360-degree view of the Superhydrophobic Coatings market’s drivers and restraints, coupled with the impact they have on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Superhydrophobic Coatings market.
Superhydrophobic Coatings Market: Overview
The nanoscopic water-repellent surface layers are known as superhydrophobic coatings. The most well-known naturally superhydrophobic covering is a lotus leaf. These coatings can be used on plastic, wood, glass, mineral undercoats, concrete, and fabrics and are resistant to stains, abrasions, and corrosion.
The main drivers for the expansion of the superhydrophobic coatings market are projected to be increased demand for superhydrophobic coating materials and technological developments, such as the development of ultra-transparent coatings with high optical clarity. Superhydrophobic coatings are used in the electronics and electricals, textiles and leather, automotive, building and construction, as well as medical and healthcare sectors.
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Growth Factors
Superhydrophobic coatings, which shield fragile electronic devices from water damage, are being used more frequently in the electronics industry, which is fueling the global superhydrophobic coating market growth. Superhydrophobic coatings lengthen a product’s lifespan and reduce the amount of water damage, which reduces costs. These coatings also offer anti-soiling, self-cleaning, and anti-fingerprint properties.
Due to the growing demand for gadgets around the world, it is anticipated that the use of superhydrophobic coatings will expand during the projection period. The electrical and electronics category is anticipated to experience the quickest rate of end-use industry market growth throughout the forecast period, offering lucrative opportunities for market participants.
One of the global industries with the fastest growth rate is the solar energy sector. The International Energy Agency (IEA) reports that additions to solar PV capacity worldwide reached 107 GW in 2020, representing a continuous rise from 2019.
The International Energy Agency (IEA) forecasts that after 2020, Europe’s net solar PV installations will gradually increase from 21 GW in 2021 to an average of 25 GW per year between 2023 and 2025. This development is mostly the result of increased government support for achieving the 32% renewable energy target for the European Union by 2030 set forth in the Renewable Energy Directive. This is projected to propel the superhydrophobic coatings demand over the forecast period.
(A free sample of the Superhydrophobic Coatings report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on the Request
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2022
- Includes Tables and figures have been updated
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Custom Market Insights (CMI) research methodology
(Please note that the sample of the Superhydrophobic Coatings report has been modified to include the COVID-19 impact study prior to delivery.)
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Segmental Overview
The market for Superhydrophobic Coatings is segmented into product type and end-user. Based on the end-user, the highest market share was held by textiles and footwear, which are also predicted to grow rapidly throughout the projection period. Many groups have concentrated their research efforts on creating water- and stain-resistant fabrics over the past ten years. Despite the fact that raincoats have been using these coatings for a while, there is a huge market for self-cleaning textiles.
Self-cleaning fabrics may remove a variety of stains using a catalytic mechanism and are significantly better at repelling dirt than traditional fabrics. The potential to reduce the amount of water and energy needed for cleaning has significantly grown with the use of these coatings in the textile sector. Superhydrophobic footwear uses chemicals to reduce water absorption while maintaining breathability. During any activity, these coatings prevent the surface of the footwear from becoming muddy or damp. Nowadays, the majority of tennis players, whether amateur or professional, like outside activities like footwear. Thus, the aforementioned variables fuel segment expansion.
Based on product type, in 2021, the anti-wetting market sector held the biggest market share. The world’s coatings industry and the scientific community have recently developed superhydrophobic surfaces and coatings with remarkable water repellency using oxide/polymer-based materials.
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By reducing the water drag on the hull, these coatings dramatically lower the cost of shipping products and increase the efficiency of the boat/vessel. Superhydrophobic coatings can also lessen liquid adherence on a variety of production equipment. These coatings are employed on glasses and facades in the building and automotive industries due to their exceptional anti-wetting characteristics. These are applied as protective coatings in marine vessels, oil rigs, and submarines, which are frequently covered in algae or other marine microorganisms and are continuously exposed to the harsh saltwater environment.
Key questions answered in this report:
- What is the size of the Superhydrophobic Coatings market and what is its expected growth rate?
- What are the primary driving factors that push the Superhydrophobic Coatings market forward?
- What are the Superhydrophobic Coatings Industry's top companies?
- What are the different categories that the Superhydrophobic Coatings Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Superhydrophobic Coatings market sample report and company profiles?
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Key Offerings:
- Market Share, Size & Forecast by Revenue | 2022−2030
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by Regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Regional Overview
Due to significant businesses making significant technological investments in the sector, North America dominated the global market for superhydrophobic coatings. Furthermore, the regional market is also being driven by economic recovery and rising demand for cutting-edge consumer gadgets.
In the coming years, the electronics sector is expected to grow at the fastest rate, with a CAGR of over 10% in Asia Pacific. This is due to the region’s access to cheap raw materials of the highest quality. Another aspect influencing the market is a rise in customer awareness of the advantages of these coatings in clothing, textiles, and food packaging.
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Report Scope
Feature of the Report | Details |
Market Size in 2023 | USD 19 Million |
Projected Market Size in 2030 | USD 120 Million |
Market Size in 2022 | USD 4.57 Million |
CAGR Growth Rate | 25% CAGR |
Base Year | 2022 |
Forecast Period | 2022-2030 |
Key Segment | By Product Type, End-user, and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Competitive Landscape
Our market analysis includes a section specifically devoted to key players operating in the Superhydrophobic Coatings Market Growth. Our analysts give an overview of each player’s financial statements, along with product benchmarking and SWOT analysis. The competitive landscape section includes key development strategies, market share analysis, and market positioning analysis of the mentioned competitors globally.
- 2022: For one of the biggest Asian makers of automotive lubricants, Advanced Nanotech Lab has announced private label production of 9H ceramic coating, 10H ceramic coating, and a few hybrid variations.
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Prominent Players
- P2i Limited
- Aculon
- Beijing Neatrition Tech Co. Ltd
- NTT Advanced Technology Corporation
- Pearl Nano LLC
- Advanced Nanotech Lab
- Nasiol Nano Coating
- DryWired
- Cytonix
- Lotus Leaf Coatings Inc
- Nanex Co.
- The Sherwin Williams Company
- NEI Corporation
- Rust-Oleum
- UltraTech International Inc
- Others
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The global Superhydrophobic Coatings market is segmented as follows:
By Product Type
- Anti-corrosion
- Self-cleaning
- Anti-icing
- Anti-wetting
By End-user
- Transportation
- Textiles & Footwear
- Medical
- Construction
- Electricals & Electronics
- Optical
- Others
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By Region
North America
- The U.S.
- Canada
- Mexico
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
This Superhydrophobic Coatings Market Research/Analysis Report Contains Answers to the following Questions.
- Which Manufacturing Technology is used for Superhydrophobic Coatings? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Superhydrophobic Coatings Market? What are Their Company Profile, Product Information, and Contact Information?
- What Was the Global Market Status of the Superhydrophobic Coatings Market? What Was the Capacity, Production Value, Cost and PROFIT of the Superhydrophobic Coatings Market?
- What Is the Current Market Status of the Superhydrophobic Coatings Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Superhydrophobic Coatings Market by Considering Applications and Types?
- What Are Projections of the Global Superhydrophobic Coatings Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
- What Is Superhydrophobic Coatings Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is the Economic Impact On Superhydrophobic Coatings Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Superhydrophobic Coatings Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Superhydrophobic Coatings Industry?
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Reasons to Purchase Superhydrophobic Coatings Market Report
- Superhydrophobic Coatings Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
- Superhydrophobic Coatings Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- Superhydrophobic Coatings Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
- Superhydrophobic Coatings Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.
Reasons for the Research Report
- The study provides a thorough overview of the global Superhydrophobic Coatings market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established key players fuel market growth.
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What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Superhydrophobic Coatings market analysis.
- The competitive environment of current and potential participants in the Superhydrophobic Coatings market is covered in the report, as well as those companies' strategic product development ambitions.
- According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
- For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
- Participants and stakeholders worldwide Superhydrophobic Coatings market should find this report useful. The research will be useful to all market participants in the Superhydrophobic Coatings industry.
- Managers in the Superhydrophobic Coatings sector are interested in publishing up-to-date and projected data about the worldwide Superhydrophobic Coatings market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Superhydrophobic Coatings products' market trends.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
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