Superhydrophobic Coatings Market

Transparency Market
Research
Superhydrophobic Coatings Market - Global Industry
Analysis, Size, Share, Growth, Trends, and Forecast
2016 - 2024
Published Date
22-July-2016
138 Page Report
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Press Release
Intense Rivalry among Players Fueling Innovation in
Superhydrophobic Coatings, reports TMR
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Superhydrophobic Coatings Market
REPORT DESCRIPTION
Superhydrophobic Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends, and
Forecast 2016 - 2024
An increasing number of players in the superhydrophobic coatings market are at various stages in their R&D
efforts while several others are expected to launch innovative and advanced products in the near future.
Transparency Market Research (TMR) observes that this has intensified the degree of competition among
international as well as domestic players and is likely to push the global superhydrophobic coatings market to
expand at a double-digit growth rate from 2016 to 2024.
P2i Limited, Cytonix, LLC, The Sherwin-Williams Company, DryWired, LLC, UltraTech International, Inc., Sto
Group, Surfactis Technologies, Nanex Company, NTT Advanced Technology Corporation, NEI Corporation,
Lotus Leaf Coatings, Inc., Rust-Oleum Corporation, Aculon, Inc., and Artekya Ltd. are some of the prominent
players in the global superhydrophobic coatings market.
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“In the past, most of the companies have focused on the electronics and telecommunication, building and
construction, and textiles and leather industries to expand their product portfolio. However, an increasing
number of vendors are also finding opportunity in the medical and healthcare, oil and gas, and automotive
sectors,” a TMR analyst has observed.
Rising Demand from Consumers for Waterproof Electronics Presents Key Opportunities
The global superhydrophobic coatings market attributes its exceptional growth to the large-scale development
of the global electronics and telecommunication industry. Superhydrophobic coatings are widely used in the
electronics and telecommunication industry as they are thermally stable and can be easily applied on the
surface. They are also highly capable of protecting sensitive electronic parts that are easily susceptible to
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water damage. “The rising demand from consumers for electronic products with water-repelling surfaces is
anticipated to present significant scope for players in the superhydrophobic coatings market in the next few
years,” the author of the report states.
“The growth of the global construction industry, coupled with the increased demand for the usage of composite
materials in the construction industry will also provide immense opportunities for vendors in the
superhydrophobic coatings market,” the TMR analyst predicts. Superhydrophobic coatings have extensive
potential in the building and construction sector as they offer the required temperature resistance and provide
effective barriers against water and microbes. Companies such as UltraTech International Inc. and The
Sherwin- Williams Company are some of the leading players manufacturing superhydrophobic coatings for the
construction industry.
In contrast, stringent government regulations pertaining to coating ingredients and formulations have been
enforced in several developed countries in North America, Europe, and Asia Pacific and this is likely to
adversely impact the superhydrophobic coatings market over the course of the forecast period.
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Unprecedented Growth in Store for Superhydrophobic Coatings Market
TMR states that the opportunity in the superhydrophobic coatings market is anticipated to rise from US$2.90
mn in 2015 to be worth US$37.1 mn by 2024 at an impressive 34.3% CAGR during the forecast period. By
volume, the superhydrophobic coatings market is likely to expand at a CAGR of 37.3% from 2016 to 2024. In
terms of demand, the electronics and telecommunication sector led the superhydrophobic coatings market in
2015, with a share of approximately 32.0%. The segment is anticipated to retain its lead throughout the
forecast period. The textile and leather segment, on the other hand, will expand at the highest CAGR from
2016 to 2024.
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By volume, North America is a key contributor to the growth of the global superhydrophobic coatings market
and in 2015, led the overall market. Asia Pacific is predicted to exhibit the fastest growth from 2016 to 2024.
This review is based on the findings of a TMR report titled “Superhydrophobic Coatings Market: Global Industry
Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”
Superhydrophobic Coatings Market, by End Use
•
Electronics & Telecommunication
•
Building & Construction
•
Textile & Leather
•
Automotive
•
Medical & Health Care
•
Others (Power Generation, Optical, etc.)
Superhydrophobic Coatings Market, by Region
North America
•
U.S.
•
Rest of North America
Europe
•
Germany
•
France
•
U.K.
•
Italy
•
Spain
•
Rest of Europe
Asia Pacific
•
China
•
India
•
ASEAN
•
Rest of Asia Pacific
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Superhydrophobic Coatings Market
Latin America
•
Brazil
•
Rest of Latin America
Middle East & Africa (MEA)
•
GCC
•
South Africa
•
Rest of Middle East & Africa (MEA)
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TABLE OF CONTENT
1. Preface
1.1. Report Description
1.2. Market Segmentation
1.3. Research Scope
1.4. Research Methodology
1.5. Assumptions
2. Executive Summary
2.1. Global Superhydrophobic Coatings Market, Volume and Revenue (Ton) (US$ Thousand), 2015–2024
2.2. Market Snapshot
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3. Superhydrophobic Coatings Market – Industry Analysis
3.1. Introduction
3.2. Value Chain Analysis
3.3. Market Drivers
3.3.1. Driver 1- Growth in Global Electronics & Telecommunication Industry
3.3.2. Driver 2- Expansion in Global Construction Industry
3.4. Market Restraints
3.4.1. Restraint 1 – Strict Government Regulations on Voc Emissions of Raw Materials
3.5. Market Opportunity
3.5.1. Opportunity 1 – Growth in Textile Industry
3.6. Porter’s Five Forces Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. Market Attractiveness Analysis
3.7.1. By End-User
3.7.2. By Country and Sub-Region
3.8. Company Mapping – Global Superhydrophobic Coatings Market
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4. Raw Material, Manufacturing, and Price Trend Analysis
4.1. Raw Material Price Trends – Superhydrophobic Coatings Market
4.2. Product Price Trends – Superhydrophobic Coatings Market
5. Market Segmentation – End-User Analysis
5.1. Global Superhydrophobic Coatings Market – End-User Overview
5.1.1. Global Superhydrophobic Coatings Market for Electronics & Telecommunication, Volume and
Revenue (Ton) (US$ Thousand), 2015–2024
5.1.2. Global Superhydrophobic Coatings Market for Building & Construction, Volume and Revenue
(Ton) (US$ Thousand), 2015–2024
5.1.3. Global Superhydrophobic Coatings Market for Textile & Leather, Volume and Revenue (Ton)
(US$ Thousand), 2015–2024
5.1.4. Global Superhydrophobic Coatings Market for Automotive, Volume and Revenue (Ton) (US$
Thousand), 2015–2024
5.1.5. Global Superhydrophobic Coatings Market for Medical & Health Care, Volume and Revenue
(Ton) (US$ Thousand), 2015–2024
5.1.6. Global Superhydrophobic Coatings Market for Other Applications, Volume and Revenue (Ton)
(US$ Thousand), 2015–2024
6. Market Segmentation – Regional Analysis
6.1. Global Superhydrophobic Coatings Market Snapshot
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6.2. North America Superhydrophobic Coatings Market Snapshot
6.2.1. North America Superhydrophobic Coatings Market – End-User Analysis, Volume and Revenue
(Ton) (US$ Thousand), 2015–2024
6.2.2. U.S. Superhydrophobic Coatings Market – End-User Analysis, Volume and Revenue (Kilogram)
(US$ Thousand), 2015–2024
6.2.3. Rest of North America Superhydrophobic Coatings Market – End-User Analysis, Volume and
Revenue (Kilogram) (US$ Thousand), 2015–2024
6.3. Europe Superhydrophobic Coatings Market Snapshot
6.3.1. Europe Superhydrophobic Coatings Market – End-User Analysis, Volume and Revenue (Ton)
(US$ Thousand), 2015–2024
6.3.2. Germany Superhydrophobic Coatings Market – End-User Analysis, Volume and Revenue
(Kilogram) (US$ Thousand), 2015–2024
6.3.3. France Superhydrophobic Coatings Market – End-User Analysis, Volume and Revenue
(Kilogram) (US$ Thousand), 2015–2024
6.3.4. U.K. Superhydrophobic Coatings Market – End-User Analysis, Volume and Revenue (Kilogram)
(US$ Thousand), 2015–2024
6.3.5. Spain Superhydrophobic Coatings Market – End-User Analysis, Volume and Revenue (Kilogram)
(US$ Thousand), 2015–2024
6.3.6. Italy Superhydrophobic Coatings Market – End-User Analysis, Volume and Revenue (Kilogram)
(US$ Thousand), 2015–2024
6.3.7. Rest of Europe Superhydrophobic Coatings Market – End-User Analysis, Volume and Revenue
(Kilogram) (US$ Thousand), 2015–2024
6.4. Asia Pacific Superhydrophobic Coatings Market Snapshot
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6.4.1. Asia Pacific Superhydrophobic Coatings Market – End-User Analysis, Volume and Revenue
(Ton) (US$ Thousand), 2015–2024
6.4.2. China Superhydrophobic Coatings Market – End-User Analysis, Volume and Revenue (Kilogram)
(US$ Thousand), 2015–2024
6.4.3. India Superhydrophobic Coatings Market – End-User Analysis, Volume and Revenue (Kilogram)
(US$ Thousand), 2015–2024
6.4.4. Asean Superhydrophobic Coatings Market – End-User Analysis, Volume and Revenue
(Kilogram) (US$ Thousand), 2015–2024
6.4.5. Rest of Asia Pacific Superhydrophobic Coatings Market – End-User Analysis, Volume and
Revenue (Kilogram) (US$ Thousand), 2015–2024
6.5. Latin America Superhydrophobic Coatings Market Snapshot
6.5.1. Latin America Superhydrophobic Coatings Market – End-User Analysis, Volume and Revenue
(Ton) (US$ Thousand), 2015–2024
6.5.2. Brazil Superhydrophobic Coatings Market – End-User Analysis, Volume and Revenue (Kilogram)
(US$ Thousand), 2015–2024
6.5.3. Rest of Latin America Superhydrophobic Coatings Market – End-User Analysis, Volume and
Revenue (Kilogram) (US$ Thousand), 2015–2024
6.6. Middle East & Africa Superhydrophobic Coatings Market Snapshot
6.6.1. Middle East & Africa Superhydrophobic Coatings Market – End-User Analysis, Volume and
Revenue (Ton) (US$ Thousand), 2015–2024
6.6.2. Gcc Superhydrophobic Coatings Market – End-User Analysis, Volume and Revenue (Kilogram)
(US$ Thousand), 2015–2024
6.6.3. South Africa Superhydrophobic Coatings Market – End-User Analysis, Volume and Revenue
(Kilogram) (US$ Thousand), 2015–2024
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6.6.4. Rest of Middle East & Africa Superhydrophobic Coatings Market – End-User Analysis, Volume
and Revenue (Kilogram) (US$ Thousand), 2015–2024
7. Company Profiles
7.1. Aculon, Inc.
7.1.1. Company Details (Headquarter, Foundation Year)
7.1.2. Business Overview
7.1.3. Product/ Services/Coating Substrate, Key Competitors, Key End-User Industries
7.1.4. Business Strategy
7.1.5. Recent Developments
7.2. Artekya Ltd
7.2.1. Company Details (Headquarter, Foundation Year)
7.2.2. Business Overview
7.2.3. Product/ Services/Coating Substrate, Key Brands, Key Competitors, Key End-User Industries
7.2.4. Business Strategy
7.3. Cytonix, Llc
7.3.1. Company Details (Headquarter, Foundation Year)
7.3.2. Business Overview
7.3.3. Product/ Services/Coating Substrate, Key Brands, Key Competitors, Key End-User Industries
7.3.4. Business Strategy
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7.3.5. Recent Developments
7.4. Drywired, Llc
7.4.1. Company Details (Headquarter, Foundation Year)
7.4.2. Business Overview
7.4.3. Product/ Services/Coating Substrate, Key Brands, Key Competitors, Key End-User Industries
7.4.4. Business Strategy
7.5. Lotus Leaf Coatings, Inc.
7.5.1. Company Details (Headquarter, Foundation Year)
7.5.2. Business Overview
7.5.3. Product/ Services/Coating Substrate, Key Brands, Key Competitors, Key End-User Industries
7.5.4. Business Strategy
7.6. Nanex Company
7.6.1. Company Details (Headquarter, Foundation Year)
7.6.2. Business Overview
7.6.3. Product/ Services/Coating Substrate, Key Brands, Key Competitors, Key End-User Industries
7.6.4. Business Strategy
7.6.5. Recent Developments
7.7. Nei Corporation
7.7.1. Company Details (Headquarter, Foundation Year)
7.7.2. Business Overview
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7.7.3. Product/ Services/Coating Substrate, Key Brands, Key Competitors, Key End-User Industries
7.7.4. Business Strategy
7.7.5. Recent Developments
7.8. NTT Advanced Technology Corporation
7.8.1. Company Details (Headquarter, Foundation Year, Revenue, Employee Strength)
7.8.2. Business Overview
7.8.3. Product/ Services/Coating Substrate, Key Brands, Key Competitors, Key End-User Industries
7.8.4. Business Strategy
7.8.5. Recent Developments
7.9. P2i Limited
7.9.1. Company Details (Headquarter, Foundation Year)
7.9.2. Business Overview
7.9.3. Product/ Services/Coating Substrate, Key Brands, Key Competitors, Key End-User Industries
7.9.4. Business Strategy
7.9.5. Recent Developments
7.10. Rust-Oleum Corporation
7.10.1. Company Details (Headquarter, Foundation Year)
7.10.2. Business Overview
7.10.3. Product/ Services/Coating Substrate, Key Brands, Key Competitors, Key End-User Industries
7.10.4. Business Strategy
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7.10.5. Recent Developments
7.11. Sto Group
7.11.1. Company Details (Headquarter, Foundation Year, Revenue, Employee Strength)
7.11.2. Business Overview
7.11.3. Product/ Services/Coating Substrate, Key Brands, Key Competitors, Key End-User Industries
7.11.4. Business Strategy
7.11.5. Recent Developments
7.11.6. Financial Details by Segment &/Or Region
7.12. Surfactis Technologies
7.12.1. Company Details (Headquarter, Foundation Year)
7.12.2. Business Overview
7.12.3. Product/ Services/Coating Substrate, Key Competitors, Key End-User Industries
7.12.4. Business Strategy
7.13. The Sherwin-Williams Company
7.13.1. Company Details (Headquarter, Foundation Year, Revenue, Employee Strength)
7.13.2. Business Overview
7.13.3. Product/ Services/Coating Substrate, Key Brands, Key Competitors, Key End-User Industries
7.13.4. Business Strategy
7.13.5. Recent Developments
7.13.6. Financial Details by Segment &/Or Region
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7.14. Ultratech International, Inc.
7.14.1. Company Details (Headquarter, Foundation Year)
7.14.2. Business Overview
7.14.3. Product/ Services/Coating Substrate, Key Brands, Key Competitors, Key End-User Industries
7.14.4. Business Strategy
7.14.5. Recent Developments
8. Primary Research – Key Findings
9. List of Key Customers
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