What is Nano Hydrophobic Coating Market?
Nano hydrophobic coating is basically is in the form of liquid state and it is widely used for appliance paint, boat paint, building coating, car paint, among others. It offers numerous advantages of using nano hydrophobic coating products for glass surfaces such as reduces cleaning frequency saving energy, time and cost, anti-yellowing & aging and avoid the erosion of harmful substances, coating for long lasting durable layer of protection, increase transparency, make glass shine and bright, avoid the erosion of harmful substances, among others. Huge demand from different end-use industries such as building & construction, automotive, electronics, packaging, among others is propelling the growth of the market.
The market study is being classified by Type (Silicon based and Fluorine based), by Application (Appliance Paint, Building Coating, Electrical Insulating Varnish, Furniture Paint, Paper Coating, Plastic Coating, Rubber Coating, Boat Paint, Car Paint and Other) and major geographies with country level break-up.
NeverWet, LLC. (United States), NEI Corporation (United States), Lotus Leaf Coatings (United States), Ultratech (India), Hydrobead (India), Aculon, Inc (United States), DryWired (United States), UPT (United States), Nanokote Pty Ltd (Australia) and Precision Coating (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Lotus Leaf Coatings, Inc. (United States).
The nano hydrophobic coating market is highly fragmented in nature with a large number of international as well as regional players operating in the market. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Nano Hydrophobic Coating market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Nano Hydrophobic Coating market by Type, Application and Region.
On the basis of geography, the market of Nano Hydrophobic Coating has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Demand from End-Use Industries and Superior Properties of Hydrophobic Coatings
- Increasing Usage of Hydrophobic Coatings for Glass Components Used in an Automobile Industry
- Changing Consumer Demand and Increasing Disposable Income of People
Market Trend
- Technological Advancements to Implement Nanoparticles in Hydrophobic Coatings that also offers Improved Performance Characteristics as well as High Surface Area
Restraints
- Environmental Regulations regarding the manufacturing of Nano Hydrophobic Coating Products
Opportunities
- High Growth Opportunities in Emerging Economies of Asia-Pacific
- Increasing Demand in Display Screen of Electronics
- Easy Availability of Raw Materials and Immense Scope of New Product Development
Challenges
- Problems regarding of Stringent and Time-Consuming Regulatory Policies
In February 2017, the NBD Nano (United States) Company has launched InvisiPrint System for Fingerprint-free Coatings on Glass and Metal Surfaces. In addition, it contains hydrophobic properties and it is used in automotive interiors, electronic displays, kitchen appliances, and bathroom faucets. Hence, this also would help in the expansion of the product portfolio of the company.
Key Target Audience
Nanocoatings Manufacturers, Traders and Distributors of Nanocoatings, Research and Development Institutes, Potential Investors, Raw Material Suppliers and Nationalized Laboratory