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.
Growth Drivers
Challenges
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
3.5% |
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Base Year Market Size (2024) |
USD 1.07 billion |
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Forecast Year Market Size (2037) |
USD 1.66 billion |
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Regional Scope |
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The market is segmented by product type into self-cleaning, anti-corrosion, anti-wetting, anti-microbial, and anti-icing, out of which, the anti-microbial segment is anticipated to witness significant growth in the hydrophobic coatings market on account of rising consumption of hydrophobic coatings in the healthcare sector for manufacturing water-resistant surgical tools and medical devices. Based on application, the textile segment is assessed to occupy the largest market share during the forecast period owing to the increasing usage of hydrophobic coatingss to create self-cleaning textiles. Moreover, the clothing industry is estimated to witness a surge in demand for water-resistant and stain-repellent clothing in the coming years as a result of their high durability, which in turn is expected to be a major growth driver for this market segment in the near future.
Our in-depth analysis of the global market includes the following segments
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By Product Type |
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By Substrate |
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By End User
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North America Market Statistics
On the basis of geographical analysis, the hydrophobic coatings market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. North America industry is predicted to account for largest revenue share by 2037, on the back of rising demand for hydrophobic coatings from end user industries in the region. Being a major developed nation, the country is a hub for commercial activities in multiple industries, ranging from small-scale to heavy-scale categories, which is evaluated to be one of the leading causes of the intensifying use of waterproof coatings in this region. Apart from these, the U.S. also has a well-established presence in the automotive and textile markets, which is foreseen to make North American region a significant shareholder in the global market over the forecast period. According to the International Trade Administration, the U.S. textile and apparel industry holds a $70 billion share in the global market in terms of industry shipments. Additionally, China is also predicted to grab a notable market share owing to the large industrial throughput of the region.
Author Credits: Rajrani Baghel
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