The market for superhydrophobic coating was valued at USD 8.6 million in 2020 and is anticipated to reach USD 100.3 million by 2028, rising at a CAGR of 25.1% between 2021 and 2028.
A thin coating that repels water is known as a superhydrophobic coating. Contact with these coatings’ surfaces causes drops to completely rebound. In applications involving extremely dry surfaces, they are widely used. Given the lack of hydrophobic organisms and plants, nature served as the inspiration. Hydrophobic coats make some organisms water-repellents, such as the leaves of the lotus plant and several insects. Superhydrophobic coatings, which fall into two categories, were developed by humans using this idea. Both a) long-lasting water repellent, which is used to shield clothing from the elements, and b) rain repellent, which is applied to car windscreens in order to keep the road clear of water when it rains. The anti-fog coating, anti-freeze surfaces, oil and water separation, anti-bacterial surfaces, and medicinal applications are only a few of the industrial uses for superhydrophobic coatings.
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The rising demand in the automotive industry is another crucial element. Superhydrophobic coating, which repels water while remaining scratch and abrasion resistant, distinguishes this nanomaterial. These coatings are appropriate for the automotive industry since they shield glass while also giving them a shining appearance.
Another factor promoting growth is higher textile sector demand. Due to their repelling characteristics, these nanocoatings have substantial advantages over conventional fabrics. The manufacturing of cleaning products could require less energy, water, and chemicals if these coatings are employed. As a result of the decreased use of chemicals, textiles are more durable and have a greater gloss.
Superhydrophobic Coatings Market Analysis:
The market for superhydrophobic coatings is predicted to be worth roughly USD 8.6 million in 2020, with a CAGR of less than 25.1% during the forecast period (2022-2027).
The primary drivers driving the market’s growth are the rising demand for electric vehicles and the rising demand from the textile sector. The covid pandemic had a significant impact on the sector, but it has recently recovered to pre-pandemic levels.
On the other hand, contamination of surfaces with chemical substances and biological wastes is projected to stymie market expansion.
The textile and footwear industries dominated the market and are likely to expand over the forecast period due to rising demand for sophisticated textile and high-end footwear.
The Competitive Landscape and Key Market Participants:
Some of the key players in the superhydrophobic coating market include Aculon, Inc., Exceletech Coating and Applications, P2i Limited., Rust-Oleum Corp., Lotus Leaf Coatings Inc., Advanced NanoTech Lab (ANT Lab), NEI Corporation, NeverWet LLC, UltraTech International Inc., and United Protective Technologies.
Market businesses are adopting technologies such as mergers, partnerships, mergers and acquisitions, as well as regional growth, to become the industry leader. These companies are also working on research and development in order to extend their market presence and provide superior products and technologies.
The global superhydrophobic coating market is segmented as follows:
By End User
Textile and Footwear
Building and Construction
Upcoming End-user Industries
Electrical and Electronics
Rest of Europe
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