The global superhydrophobic coating market has been segmented by raw material, property, end-use industry, and region.
Based on raw material, the market has been sectioned into carbon nanotubes, silica nanoparticles, graphene, and others. The carbon nanotubes section is required to proceed with its strength of the superhydrophobic coating market as the item is lightweight and empty and offers extraordinary mechanical, electrical, and warm properties.
Silica nanoparticles are probably going to stay the most monetarily reasonable crude material because of their minimal expense and wide accessibility. Silica nanoparticles have ordinarily been the most preferred crude material, albeit the improvement of more feasible materials has prompted a decrease in the market share
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Based on property, the market has been sectioned into hostile to microbial, non-wetting, against erosion, and others. The counter microbial fragment is required to be the biggest because of the expanding utilization of these coatings in the medical care area by virtue of their water obstruction, impermeability, security, and biocompatibility.
Based on end-use industry, the market has been classified as electrical and electronics, transportation and allied logistics, medical and healthcare, optical, construction and building, textiles and leather, and others. The medical and healthcare segment accounted for the largest market share in 2017 owing to the increased demand for anti-microbial superhydrophobic surfaces in the medical & healthcare, as they are water resistant, impermeable, safe, and biocompatible. The segment is also expected to be the fastest-growing Superhydrophobic Coating Industry, by end-use industry.
Some of the key players in the global superhydrophobic coating market are P2i International Ltd (US), UltraTech International Inc. (US), Lotus Leaf Inc. (Mexico), Rust-Oleum (US), NEI Corporation (US), United Protective Technologies (US), Hydrobead (US), Aculon (US), NeverWet (US), Advanced NanoTech Lab (India), and Excel Coatings (India).
Based on region, the superhydrophobic coating market has been segregated into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Asia-Pacific accounted for the largest share of the superhydrophobic coating market due to rising demand for the product in major end-use industries such as automotive, electrical and electronics, and medical and healthcare.
North America is expected to be the second-largest superhydrophobic coating market due to the increasing demand for electronic gadgets. Additionally, the established apparel and textile industry with changing fashion trends and high per capita income of consumers are driving market growth. Europe is a prominent market for superhydrophobic coatings due to the increasing demand for consumer electronics and digitalization.
The markets in Latin America and the Middle East & Africa are likely to witness rising growth during the review period due to the growth of major end-use industries in the regions.
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