The report on global hydrophobic coatings market provides qualitative and quantitative analysis for the period of 2016 to 2024. The report predicts the global hydrophobic coatings market to grow with a CAGR of 5.8% over the forecast period of 2018-2024. The study on hydrophobic coatings market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2016 to 2024.
The remarkable properties possessed by the hydrophobic coatings and its ability to be used on different surfaces and different material including glass, ceramics, metals, and several others , are the key factor driving the growth of the hydrophobic coating market. Hydrophobic coating are widely used in building and construction industry, the use of hydrophobic coating improves the thermal performance and increases insulation properties of buildings. Also, it vastly reduce the chances of mould appearing on internal walls of the home, the wall insulation helps to keep home hot in the winter, and cool in summer. Thus with the continual growth in the building and construction, the demand for hydrophobic coating is increasing. In addition, hydrophobic coating are used for optical applications, these coating are used for sunglasses, consumer optics, high tech optical components, lasers and precision optics, goggles, sapphire optics and several other applications. Moreover, in display applications, these coatings are used for video optical components, cellphones, smartphones, pen applications, LCD, plasma, projection displays, and OEM treatments. With increasing modernization and improved standard of living, the use of hydrophobic coatings will increase in home applications, which in turn, would drive the demand for the hydrophobic coating market. However, use of superhydrophobic coating and other similar substitutes can hamper the growth of the hydrophobic coating market. With increasing number of applications of hydrophobic coating in electronics application, mainly for inkjet repellency, antiwetting applications, microfluidic channels, stainless steel components, hard disc drives, and much more, the demand for hydrophobic coating will increase over upcoming years.
Among the geographies, the Asia Pacific region accounted for the highest market share in 2017 followed by the North America region. Asia Pacific region is expected to dominate the hydrophobic market throughout the forecast period, on account of Increasing industrialization, rapid urbanization and increasing investments in the building and construction coupled with rising disposable income among the citizens of this region. Also, increasing automotive industry and on-going innovations in aerospace industry to drive the demand for the hydrophobic coating in this region.
GKN’s Garden Grove, California, center of excellence has developed a new hydrophobic coating
In July 2018, hydrophobic coatings are majorly used in aerospace industry for cockpit windows thereby eliminating the need for windshield wipers on many applications. The coating sheds water and significantly enhances resistance to surface abrasion. Current testing of hydrophobic coatings with Airbus is exploring the effectiveness of the coating for rain protection and also for anti-icing properties. Recently, GKN Aerospace has inked a four-year agreement with Lockheed Martin to expand its production of bulkheads for the Lockheed Martin F-35 Lightning II. The bulkheads are a critical structure in both the conventional takeoff and landing version and the carrier version of the fighter. The production work will be performed at GKN facilities in Amityville, New York, and Wellington, Kansas. It is expected that on-going innovations in hydrophobic coatings are expectected to be implemented in the production of bulkheads for the Lockheed Martin F-35 Lightning II.
The report on hydrophobic coatings market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global hydrophobic coatings market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.
Porter’s five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global hydrophobic coatings market over the period of 2016 to 2024. Further, IGR- Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
The global hydrophobic coatings market is segmented on the basis of material, application and end user.
Global Hydrophobic Coatings Market by Material
• Fluoro Alkylsilanes
Global Hydrophobic Coatings Market by Application
Global Hydrophobic Coatings Market by End User
• Building & Construction
• Oerlikon Metco (US) Inc.
• AccuCoat Inc.
• NEI Corporation
• Abrisa Technologies
• BASF SE
• Aculon Inc.
• E. I. DuPont de Nemours and Company
How this report delivers?
1. Comprehensive analysis of global as well as regional markets of hydrophobic coatings market.
2. Complete coverage of all the segments in hydrophobic coatings market to analyze the trends, developments in the global market and forecast of market size up to 2024.
3. Comprehensive analysis of the companies operating in global hydrophobic coatings market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.