-- According to a new research report by Global Market Insights, Inc. Hydrophobic Coatings Market size is set to surpass USD 2 billion by 2024. Global demand for water repellant surfaces has increased exponentially over the last few years, propelling the hydrophobic coatings market owing to the varied applications of such surfaces in different industrial segments.
The availability of a reliable and durable water repellant coating is of high importance as is ensures protection of the substrate material from moisture, proving to offer an efficient corrosion-resistant solution.
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Some of The Regional Structural Steel Market Growth Drivers:
1. North America: Growing medical equipment market in the region owing to extensive presence of hospitals and public health institutions.
2. Europe: Growing automotive industry in the region is anticipated to fuel product demand by 2024
3. Asia Pacific: Growing construction sector in the region
Boasting earnings of more than USD 1.5 billion in 2017, the global hydrophobic coatings market has been showing immense growth potential in sectors like construction, automobile, oil & gas, healthcare as well as aerospace manufacturing. Rising investments in oil & gas exploration and oil refineries due to the increased energy demand worldwide will create a lucrative environment for the hydrophobic coatings industry.
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Partial Chapter of the Table of Content:
Chapter 3 Hydrophobic Coatings Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013 – 2024
3.3 Industry ecosystem analysis
3.4 Vendor Matrix
3.4.1 Distribution channel analysis
3.4.1.1 Collaborations/Partnerships
3.4.1.2 Distributors
3.5 Regulatory landscape
3.5.1 U.S.
3.5.1.1 Environmental Protection
3.5.2 Europe
3.5.2.1 Limitation of emissions of volatile organic compounds due to the use of organic solvents in certain activities and installations
3.5.3 China
3.5.3.1 Controls and Requirements of the VOC Regulation
3.6 Raw material analysis
3.7 Technology landscape
3.7.1 Hydrophobic Coatings process
3.8 Pricing analysis
3.8.1 Regional pricing analysis
3.8.2 Cost structure analysis
3.9 Industry impact forces
3.9.1 Growth drivers
3.9.1.1 North America: Growing medical equipment market in the region owing to extensive presence of hospitals and public health institutions.
3.9.1.2 Europe: Growing automotive industry in the region is anticipated to fuel product demand by 2024
3.9.1.3 Asia Pacific: Growing construction sector in the region
3.9.1.3.1 Asia Pacific: Expanding upstream oil & gas sector
3.9.2 Industry pitfalls & challenges
3.9.2.1 High cost, risk of damage during application and health concern
3.10 Innovation & Sustainability
3.11 Growth potential analysis, 2017
3.12 Emerging business model
3.12.1.1 Collaborations/Joint Ventures
3.12.1.2 Acquisition
3.12.1.3 New product launch
3.12.1.4 Contract Manufacturers
3.13 Porter’s analysis
3.14 Competitive landscape, 2017
3.14.1 Strategy dashboard
3.15 PESTEL analysis
The Alberta refinery, set to produce up to 167,000 barrels per day, represents the ongoing efforts by global energy companies to build new infrastructure, boosting the oil & gas industry and invariably propagating the significance of water repellant coatings. Anticipated to exceed USD 2 billion in remunerations by 2024, the hydrophobic coatings market comprises of key players like BASF, Nippon Paint, Prelco, SilcoTek, Abrisa Technologies, 3M, Drywired and Advanced Industrial Coatings.
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About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Info:
Name: Arun Hedge
Email: Send Email
Organization: Global Market Insights, Inc.
Website: https://www.gminsights.com/industry-analysis/hydrophobic-coatings-market
Release ID: 88897570
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