Hydrophobic Coating Market To Reach $3.02 Billion By 2030

Hydrophobic Coating Market Growth & Trends

The global hydrophobic coating market is projected to reach USD 3.02 billion by 2030, expanding at a CAGR of 5.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The demand for hydrophobic coatings is expected to grow on account of the increasing utilization in various application industries including automotive and construction. The growing emphasis on infrastructure development coupled rising standard of living in developing economies is expected to have a positive impact on the automotive and construction industry growth. As a result, the demand for the compounds is expected to witness significant growth over the next nine years.

The increasing investment in research & development by key players in the market to enhance the product characteristics is expected to be a key strategy in increasing their market share. However, high cost of the technology attributed to the product is expected to restrain growth over the forecast period.

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Hydrophobic Coating Market Report Highlights

• Anti-corrosion dominated the market and accounted for the largest revenue share of 25.4% in 2023. The anti-corrosion properties of hydrophobic coatings have significantly contributed to their market growth.

• Automotive applications led the market and accounted for the largest revenue share of 24.7% in 2023. These coatings are extensively used on various exterior and interior components, such as windshields, windows, paint, and upholstery.

• North America hydrophobic coating market dominated the global market and accounted for the largest revenue share of 37.9% in 2023.

Hydrophobic Coating Market Segmentation

Grand View Research has segmented the global hydrophobic coating market on the basis of product, application, and region:

Hydrophobic Coating Property Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

• Anti-microbial

• Anti-icing/wetting

• Anti-fouling

• Anti-corrosion

• Self-cleaning

• Others

Hydrophobic Coating Application Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

• Aerospace

• Automotive

• Construction

• Medical

• Optical

• Others

Hydrophobic Coating Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

• Europe

  • UK

  • Germany

  • France

• Asia Pacific

  • China

  • Japan

  • India

• Latin America

  • Brazil

List of Key Players of Hydrophobic Coating Market

• BASF SE

• 3M

• Nippon Paint Private Limited.

• Akzo Nobel N.V.

• PPG Industries, Inc.

• Artekya Teknoloji

• ALLEGIANCE NANOSOLUTIONS

• HZO, INC.

• Aculon.

• Cytonix

• P2i Ltd.

• GVD Corporation

• Nanokote

• SilcoTek Corporation

• NanoSlic Smart Coatings

• NAONIX srl

• NEI Corporation