Hydrophobic Coatings Market Size

Hydrophobic Coatings Market size was over USD 1.07 billion in 2024 and is anticipated to exceed USD 1.66 billion by the end of 2037, witnessing over 3.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of hydrophobic coatings is evaluated at USD 1.1 billion.

The growth of the market can be attributed to the increasing scope of application of hydrophobic coatings in aerospace, textile and construction industries. Growing automobile sales is also predicted to drive market growth in the future. It is calculated that a total of approximately 70 million units of automotive will be sold by the end of 2021. Along with this, rising technological advancements to develop effective underwater and wearable electronics is anticipated to boost the demand for these protective coatings, which in turn is expected to drive market growth in the coming years. Furthermore, growing innovations to formulate hydrophobic coatingss with nano-particles is a crucial factor projected to offer lucrative opportunities for the expansion of market during the forecast period.