MARKET OVERVIEW
Superhydrophobic coatings are made of high-quality waterproofing materials and have a surface with an apparent contact angle of more than 150°, a sliding angle of less than 10°, and a contact angle hysteresis of less than 10°. These materials have been highlighted for use in the development of biomaterials for medical devices and other applications due to their non-wetting behavior.
MARKET SCOPE
The "Global Superhydrophobic Coating Market Analysis to 2028" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the superhydrophobic coating market with detailed market segmentation by type, application and geography. The report provides key statistics on the market status of the leading superhydrophobic coating market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on end use industry, the global superhydrophobic coating market is segmented into electricals and electronics, transportation and allied logistics, medical and healthcare, optical, building and construction, textiles and leather, and others.
MARKET DYNAMICS
Drivers:
- The growing demand in automotive sector is significantly driving the market growth.
- The implementation of stringent environment regulations significantly contributing to the expansion of the superhydrophobic coating market.
- Increase in awareness and surge in number of R&D activities will create lucrative growth opportunities for superhydrophobic coating manufacturers.
- Rising product applications in end-use industries such as automotive, solar, and buildings & construction and others is also propelling the demand of superhydrophobic coating market.
Restraints:
- High price raw material is hampering the superhydrophobic coating market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The superhydrophobic coating market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the superhydrophobic coating market in these regions.
IMPACT OF COVID-19 ON SUPERHYDROPHOBIC COATING MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 pandemic has affected major chemicals and material industries, including superhydrophobic coating. Owing to the current pandemic situation, many companies in the superhydrophobic coating industry are experiencing limitations in manufacturing and production activities, as well as logistical problems as a result of ongoing trade restrictions. However, with opening several markets across the globe, vaccination development, and initiatives taken by various governments to support economic and industrial growth, the future demand of the superhydrophobic coating market is anticipated to grow at a positive and steady pace in the coming years.
MARKET PLAYERS
The report covers key developments in the superhydrophobic coating market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from superhydrophobic coating market are anticipated to lucrative growth opportunities in the future with the rising demand for superhydrophobic coating in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the superhydrophobic coating market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Aculon, Inc.
- Advanced NanoTech Lab (ANT Lab)
- DryWired
- Hirec Paints
- Hydrobead
- NTT Advanced Technology
- Pearl Nano
- Surfectis Technologies
- UltraTech International, Inc.
- United Protective Technologies, LLC
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.