The increased automotive industry demand and growing demand in the textile industry the demand for the market.
The Global Superhydrophobic Coatings market is anticipated to reach USD 13.0 million by 2027, according to a new report by Reports and Data. One of the main issues driving the market for self-cleaning technology is the depletion of freshwater supplies. Superhydrophobic are entirely water-repellent, allow dirt to slip off the surface at even minor elevation angles, making them suitable for solar panels and similar applications.
Another main driver for market growth is the expansion of the consumer electronics industry in developing economies and the resulting increase in demand for durable products with full waterproofing properties. These are also preeminent used by leather and nonwoven textiles to provide customer comfort, thus eradicating the washing cycles.
In addition, major industries such as textiles and footwear are actively promoting and investing in superhydrophobic coatings to provide lasting waterproof properties. This, in effect, has made their products less susceptible to exposure to the moisture and subsequent corrosion degradation. In addition, the increasing need for self-cleaning technologies, especially in the solar energy sector, to impart greater energy efficiency to panels over the forecast period is likely to be a major driving force in this area.
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The report puts an emphasis on the information regarding the key players with a special focus on their company profile, business overview, recent advancements, product catalog, and strategic business plans. It provides a comprehensive overview of the strategic alliances in the market under taken by the key players such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launch, brand promotions, and corporate deals, among others.
Key companies operating in the market and profiled in the report include:
P2i International Ltd, Lotus Leaf Inc., UltraTech International Inc., NEI Corporation, Hydrobead, NTT Advanced Technology, Aculon, United Protec, Pearl Nano, and DryWired, among
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The Superhydrophobic Coatings market takes into account major geographical locations such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa to offer key insights into market growth, market size, market share, revenue growth, current and emerging trends, supply and demand ratio, import/export, consumer demand and behavior, and presence of key players in each region. The report offers an in-depth country wise analysis to impart better understanding of the market and its growth prospects.
Segments Covered in the report
Property Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Anti-Microbial
- Anti-Icing/Wetting
- Anti-Corrosion
- Others
Raw Material Type Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Carbon Nanotubes
- Silica Nanoparticles
- Graphene
- Others
End-Use Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
- Electrical Electronics
- Transportation Allied Logistics
- Medical
- Optical
- Textiles Leather
- Construction
- Others
Key Regions Analyzed in the Report includes:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
Furthermore, it consists of information about individual segment of the Superhydrophobic Coatings market based on the types and application. The report also offers insights about the key segments expected to register significant revenue growth over the forecast period and primary trends influencing their growth. It also offers CAGR and market share values for each segment to provide clear understanding of demand and trend in the global market.
Further key findings from the report suggest
- Growing demand for fully water-repellent technologies drives the growth of the consumer electronics and textile industries.
- Developments in the field of nanotechnology build durable coatings with greater resistance to corrosion under durability, which in effect boosts their demand in industrial applications.
- Carbon nanotubes were used as the leading raw materials and accounted for the bulk of the total volume. Lightweight properties, high tolerance to changes in temperature, and technical flexibility have driven growth in the segment in recent years.
- Gel-based silica is likely to be experiencing significant growth due to its economic viability and processability, owing to the high demand for waterproof consumer electronics, printed circuit boards, solar panels, flexible other electronics, Gel-based silica was highly impregnated in the electrical electronics industries.
- The market is expected to increase in a strong CAGR between 2019 and 2027 in the medical healthcare sector. The coatings make all touch surfaces extremely water-resistant, thereby reducing the risk of contamination or pathogenic agents.
- In recent years, every major player in the industry has made heavy investments in RD programs, which have helped to create many innovative products. Big companies aim to broaden their product range through fusions with small and medium-sized firms. Over the coming years, there is also an intense rivalry between the clubs.
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