Superhydrophobic Coating Market Growth , Global Gross Margin Analysis, Business Prospect and Industry Research Report 2030
Market Segmentation
The global Superhydrophobic
Coating Market Growth has been segmented by raw
material, property, end-use industry, and region.
Based on raw material, the market has been segmented into carbon
nanotubes, silica nanoparticles, graphene, and others. The carbon nanotubes
segment is expected to continue its dominance of the superhydrophobic coating
market as the product is lightweight and hollow and offers unique mechanical,
electrical, and thermal properties.
Silica nanoparticles are likely to remain the most economically
viable raw material on account of their low cost and wide availability. Silica
nanoparticles have conventionally been the most favored raw material, although
the development of more sustainable materials has led to a decline in the
market share
Based on property, the market has been segmented into
anti-microbial, non-wetting, anti-corrosion, and others. The anti-microbial
segment is expected to be the largest due to the increasing use of these
coatings in the healthcare sector on account of their water resistance,
impermeability, safety, and biocompatibility.
Based on end-use industry, the market has been classified as
electrical and electronics, transportation and allied logistics, medical and
healthcare, optical, construction and building, textiles and leather, and
others. The medical and healthcare segment accounted for the largest market
share in 2022 owing to the increased demand for anti-microbial superhydrophobic
surfaces in the medical & healthcare, as they are water resistant,
impermeable, safe, and biocompatible. The segment is also expected to be the
fastest-growing superhydrophobic coating market, by end-use industry.
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Regional Analysis
Based on region, the superhydrophobic coating market growth has
been segregated into North America, Europe, Asia-Pacific, Latin America, and
the Middle East & Africa.
Asia-Pacific accounted for the largest share of the
superhydrophobic coating market due to rising demand for the product in major
end-use industries such as automotive, electrical and electronics, and medical
and healthcare.
North America is expected to be the second-largest
superhydrophobic coating market due to the increasing demand for electronic
gadgets. Additionally, the established apparel and textile industry with
changing fashion trends and high per capita income of consumers are driving
market growth. Europe is a prominent market for superhydrophobic coatings due
to the increasing demand for consumer electronics and digitalization.
The markets in Latin America and the Middle East & Africa
are likely to witness rising growth during the review period due to the growth
of major end-use industries in the regions. Competitive Analysis
Some of the key players in the global superhydrophobic coating market
growth are P2i International Ltd (US), UltraTech International Inc. (US), Lotus
Leaf Inc. (Mexico), Rust-Oleum (US), NEI Corporation (US), United Protective
Technologies (US), Hydrobead (US), Aculon (US), NeverWet (US), Advanced
NanoTech Lab (India), and Excel Coatings (India).
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