Hydrophobic Coatings Market Its Competitive Analysis Between 2018 – 2024
Hydrophobic coatings market size from aerospace application
may witness significant gains up to 5% by 2024. The product would be applied to
whole surface of plane and could help prevent buildup of ice deposits. The
ice-building up on the exteriors of aerospace machines owing to flying higher
altitudes and encountering supercooled water when flying through low-lying
clouds could cause substantial problems, including drag and lift specially,
accumulations of ice could result in severe transportation problem owing to
imbalances of aircrafts under a high speed.
Increasing development of water-repellent materials has
recently attracted a lot of attention due to wide range of applications that
these surfaces offer hence, expecting favorable hydrophobic coatings market
growth. Self-cleaning surfaces, stain resistant textiles or anti-icing Coatings,
anti-fouling materials, are just some examples that show the potential of these
materials. Additionally, the development of paints and Coatings for outdoor use
will further propel product demand.
Hydrophobic Coatings Market size is set to surpass USD 2
billion by 2024; according to a new research report by Global Market Insights,
Inc.
Heavy capital expenses in infrastructure capabilities,
expensive treatment and corrosion in contrast to easily available substitute
including hard-wax will restrict industry profitability, thus affecting
hydrophobic coatings market price trends. Emissions released by overheated PTFE
are toxic to humans & animals and does not provide same resistance to
deterioration which may bound industry growth.
Hydrophobic coatings market size from medical application is
anticipated to exceed USD 60 million by 2024. With the product properties of
repellency to fluids, blood, and tissue sheets which slide off easily. It keeps
surgical tools clean and reduces risks of infection and contamination in
patients owing to its anti-microbial, self-cleaning and antifouling properties,
thus stimulating product demand.
Metal substrate segment may witness strong gains up to 6% by
2024. The product is transparent fluid resistant and durable which has been
developed for corrosion mitigation. They have high concentration than
traditional organic polymer Coatings and are electrically protecting, ensuring
improved barrier properties to water and corrosion. Metals attract water owing
to electromagnetic attraction causing corrosion. The product can be applied
easily & safely without complications machinery which would boosting market
growth.
Browse Complete Summary of
this report @
https://www.gminsights.com/industry-analysis/hydrophobic-coatings-market
https://www.gminsights.com/industry-analysis/hydrophobic-coatings-market
U.S. titanium dioxide based hydrophobic coatings market size
is anticipated to exceed USD 20 million in the projected timeframe owing to
anti-smudging and easy-to-clean properties. They are very effective for
developing durable and mechanically stable Coatings that can also serve as a
barrier. It has extensive usage in
cements, paints, window glasses & textiles application which will
contribute towards regional product demand.
China fluoropolymer based hydrophobic coatings market size
is expected to surpass USD 110 million in the projected timeframe owing to
increasing electronic regional market. It is resistant to acids, solvents and
friction. Increasing consumer preference towards high quality electronic
products along with rising investment in Coatings industry braced by
implementation of sustainable techniques will have a positive impact on market
growth.
Hydrophobic coatings market size from anti-microbial
property may witness significant gains up to 4% by 2024. Antibacterial and
water-repellent Coatings on textile surfaces are being increasingly utilized as
they are healthier and more comfortable on garments in daily life.
Manufacturers are using sol gel techniques which have recently attracted a wide
attention to develop innovative high value-added products.
Global hydrophobic coatings market share is fragmented and
competitive with major players including DryWired, NeverWet, 3M, Aculon, PPG,
NEI Corporation, AkzoNovel, Cytonix, and Nippon Paint.
Hydrophobic Coatings Market Its Competitive Analysis Between 2018 – 2024
Reviewed by GMI
on
October 26, 2018
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