A new report by Allied Market Research, titled "Hydrophobic Coatings Market by Material, Fabrication Method, Application, and Region - Global Opportunity Analysis and Industry Forecast, 2021-2030", reveals that the global hydrophobic coatings market was valued at $2.0 billion in 2020 and is projected to reach $3.0 billion by 2030, growing at a CAGR of 4.2% from 2021 to 2030.

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Key Highlights:

- Building & Construction remains the largest application segment, expected to grow at a CAGR of 7.0% in terms of value.

- Asia-Pacific held the largest market share in 2015, with China and India as major contributors.

- U.S. leads the North American market, projected to grow at a 6.0% CAGR by value.

- Polysiloxane-based coatings are set to witness the highest CAGR of 6.4% during the forecast period.

Market Drivers

The demand for hydrophobic coatings is being driven by their superior properties, such as:

- Water, corrosion, and abrasion resistance
- Biofouling and pollutant resistance
- Self-cleaning capabilities
- Easy application on complex geometries across glass, metal, wood, and plastic surfaces

However, the market faces challenges related to long-term maintenance instability, which can hinder broader adoption.

Dominant Application Areas:

Building & Construction: Held 25% share in 2015; remains the top contributor due to increasing urbanization and demand for weather-resistant coatings.

Automotive: Accounted for around 20% share in 2015; continues to grow due to applications in windshield and exterior protection.

Growth Opportunity:

"The preparation process of hydrophobic coatings requires minimal technical expertise, leading to a high threat of forward integration by raw material suppliers."

Recent Market Development:

In April 2016, NEI Corporation launched NANOMYTE SAF-100, a durable anti-fog coating offering oil, scratch, and corrosion resistance. This product expanded the company's portfolio and reinforced its market standing.

Key Market Players:

- 3M
- BASF SE
- Abrisa Technologies
- Aculon
- NEI Corporation
- P2i
- DuPont
- DryWired
- Accucoat Inc.
- Nanex Company
- Oerlikon Metco Inc.