Global Superhydrophobic Coatings Market to Exhibit a CAGR of 34% During 2018-2023 - Increasing Demand for Waterproof Electronics from Consumers - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Mar 28, 2019--The “Global Superhydrophobic Coatings Market - Segmented by Product Type, Application, and Geography - Growth, Trends and Forecasts (2019 - 2024)” report has been added to ResearchAndMarkets.com’s offering.
The global superhydrophobic coatings market is estimated to witness a CAGR of 34% during the forecast period, 2018-2023.
By region, Asia-Pacific is expected to lead the market, owing to the presence of inexpensive raw materials of optimum quality and expanding electronics industry. By product type, carbon nanotube-based coatings are to dominate the market.
Increasing Demand for Waterproof Electronics from Consumers
The usage of superhydrophobic coatings in the electronics industry is increasing due to their capability to protect sensitive electronics’ parts from water damage. The application of superhydrophobic coatings results in fewer returns, less rework, cost savings, and flexibility for the consumers.
These coatings are known for imparting anti-fingerprint, anti-fouling, self-cleaning, anti-corrosion, and anti-soil properties to the gadgets. With the increasing demand for gadgets across the globe, the usage of superhydrophobic coatings is expected to increase.
Carbon Nanotube-based Coatings to Own Higher Share
Carbon nanotube-based superhydrophobic coatings are expected to dominate the market due to their superior mechanical, electrical, and thermal properties. A superhydrophobic surface is created with the functionalization of hydrophobic polytetrafluroethylene (PTFE) with nanotubes.
These PTFE-coated carbon nanotubes impersonate nature’s design. The coatings based on carbon nanotube are environmentally stable, thermally robust, conductive coatings that can withstand high thermal shocks and high temperature.
Asia-Pacific to Lead among Other Regions
Asia-Pacific is expected to lead the market supported by the presence of low-cost raw materials of fine quality and a growing electronics industry. The growing awareness among the consumers in the region is also to act as a driver in increasing the demand for superhydrophobic coatings.
The usage of these coatings in the automotive, textiles, and food packaging industries is going to be the other factor to drive the market in the region.
Key Topics Covered
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness - Porter’s Five Force Analysis
4. Market Dynamics
4.1.1 Growing construction industry in Asia-Pacific region
4.1.2 Growth in the Adoption of Self-cleaning Surfaces
4.2.1 Complex Production Process and High Investment Cost
4.2.2 Other Restraints
4.3.1 Increasing Novel Application in Various Industries, like Textile, Electronics, etc.
5. Market Segmentation and Analysis
5.1 By Product type
5.1.2 Carbon Nanotube-based
5.1.4 Metal Oxide-based
5.2 By Application
5.2.7 Others (Textiles, etc.)
6. Regional Market Analysis (Market Size, Growth & Forecast)
6.2 North America
6.4 South America
6.5 Middle East & Africa
7. Competitive Landscape
7.1 Mergers & Acquisitions, Joint Ventures, Collaborations and Agreements
7.2 Market Share Analysis
7.3 Strategies Adopted by Leading Players
8. Company Profiles (Overview, Financials, Products & Services and Recent Developments)
8.3 Lotus Leaf Coatings Inc.
8.4 Nanex Company
8.5 Aculon Inc.
8.6 Artekya Ltd
8.7 BASF SE
8.9 DryWired LLC
8.10 Nanotech LLC
8.11 NEI corporation
8.12 NeverWet LLC
8.13 NTT Advanced Technology
8.14 P2i Limited
8.15 RPM International
8.16 Rust-Oleum Corporation
8.17 The Sherwin-Williams Company
8.18 Pearl Nano LLC
8.19 UltraTech International Inc.
List Not Exhaustive
For more information about this report visit https://www.researchandmarkets.com/r/q5x7z
View source version on businesswire.com:https://www.businesswire.com/news/home/20190328005819/en/
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Related Topics:Paints and Coatings
INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING
SOURCE: Research and Markets
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PUB: 03/28/2019 02:19 PM/DISC: 03/28/2019 02:19 PM