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European Hydrophobic Coatings Market revenue to hit $610 Mn by 2026
Published Date: 2021-03-19
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European Hydrophobic Coatings Market size is anticipated to cross USD 610 million by 2026, according to a latest forecast report by Graphical Research.
Increasing adoption of advance coating technologies for automotive, aircraft, and naval vessels should accelerate the Europe market growth. Growing utilization of hydrophobic coatings for increasing wear resistance and corrosion resistance of optical products, pipelines, and industrial machineries is expected to drive the market demand.
Based on products, the fluoro alkylsilanes segment held the second largest share in the Europe hydrophobic coatings market in 2019. Fluoro alkylsilane based coatings are obtained by modification of silica and are widely utilized for hydrophobization of surfaces. Fluoro alkylsilane coatings are appliable in self-cleaning and hydrophobic applications owing to their low surface energy properties. Use of fluoro alkylsilane coatings in industrial applications may rise pertaining to growing utilization for anti-corrosive and anti-wetting coatings in process manufacturing industry.
Use of coatings for protecting industrial products, tools and machineries has increased due to rising focus on increasing product life by avoiding product exposure to environmental factors. This rise in the use of coatings should trigger the demand for fluoro alkylsilanes hydrophobic coatings in Europe.
Hydrophobic coatings are primarily applied on metal surfaces for protecting metal surfaces from being exposed to water, air, and solvents. Hydrophobic coatings are used on pipelines, automotive surfaces, machine surfaces, and medical instruments where surface contamination is a high priority. Utilization of hydrophobic coatings in Europe may be triggered by rising manufacturing and chemical industry growth. Rise in the production output of chemical and manufacturing may trigger the use of hydrophobic coatings on metal surfaces for avoiding corrosion and adding wettability properties to the surface.
Browse detailed statistical insights from the report, “Europe Hydrophobic Coatings Market Size By Substrate (Metals, Glass, Concrete, Ceramics, Polymers, Textile/leather, Others), By Product (Polysiloxanes, Fluoro-Alkylsilanes, Fluoropolymers, Titanium Dioxide, Others), By Property (Anti-Microbial, Anti-Icing/Wetting, Antifouling, Anti-Corrosion, Self-Cleaning, Others), By Application (Aerospace, Automotive, Construction, Medical, Optical, Oil & Gas, Others), Research Report, Country Outlook, Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2020 – 2026” along with the table of contents (ToC) @
Use of hydrophobic coatings for metal substrates in industries like rail, marine, automotive, pharmaceutical, and aerospace may increase owing increasing focus of manufacturer on increasing product quality. Such trends in Europe should trigger the market growth for metal substrate segment in the market.
The aerospace segment was worth USD 50 million in 2019. Hydrophobic coatings are mainly applied on aircrafts for preventing the water and ice adhesion on aircraft windshields for enhancing visibility during rains and snowfall. Hydrophobic coatings are also utilized on metal surfaces of aircrafts for preventing contact between metal surface and air, water, and liquid which prevents corrosion.
The aerospace industry in Europe has experienced a significant growth in recent years owing rising government investment in space exploration and expanding defense capabilities. Such growth in the aerospace industry should drive the use of hydrophobic coatings for aircraft manufacturing.
Rising in the use of air travel for leisure and business purposes has also stimulate the aircraft sector in the region and this is likely to drive the demand for commercial aircrafts. Such rise in the demand for commercial and defense aircrafts is anticipated to create new avenues for the hydrophobic coatings market in aerospace industry.
Major players in the market include BASF SE, PPG Industries, Surfactis Technologies, DuPont de Nemours, Inc., DryWired, Nippon Paint Holdings Co. Ltd., 3M Group, Akzo Nobel, NeverWet, LLC, and Aculon.
The European hydrophobic coatings market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in Tons and revenue in USD from 2015 to 2026, for the following segments:
Europe Market, By Product
- Titanium dioxide
Europe Market, By Substrate
Europe Market, By Properties
Europe Market, By Application
- Oil & Gas
The above information has been provided for the following countries: