Europe hydrophobic coatings market share is poised for a considerable expansion with increasing use across dry surface applications like medical equipment and surgery tools, automotive windshields, textile products and marine applications. The compounds are applied on surfaces to give them waterproof characteristics, fight corrosion and prevent organism growth. Consumption in aerospace, O&G, medical, optical and construction sector will bolster hydrophobic coatings demand to a great extent.
Industrialization across Europe has fueled the demand for various coating products. Industrial tools, equipment and other metal surfaces are subject to harsh conditions and could be prone to corrosion or other structurally damaging issues. Hydrophobic coatings protect these surfaces which are usually exposed to moisture, water and polluted air. Growing chemical production and component manufacturing activities will expand the use of these coatings.
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Europe hydrophobic coatings market share is expected to cross $610 million in valuation by 2026. The industry trends will be driven by the presence of major auto makers and aerospace companies in the region, as well as a strong oil and gas sector. O&G piping and other components require intense protection from corrosion. Below factors are augmenting the consumption of hydrophobic coatings across various industry verticals in Europe.
Promising terms across European aerospace sector
On aircrafts, eliminating the risk of water and ice adhesion on windshields during rains and snowy weather are key functions of hydrophobic coatings. The compounds are also used on metal surfaces across the airplane for avoiding the contact of the with liquid or air, to prevent corrosive action. Europe hydrophobic coatings market share from the aerospace segment had reached $50 million during 2019.
The COVID-19 virus outbreak slowed down aircraft manufacturing and aerospace developments worldwide. For example, the deliveries form Airbus went down by 34% in 2020, although the company made sure to support small and medium manufacturers associated with it, via the continuation of production activities as much as possible. European aerospace sector suffered too, but gradual increased in aircraft manufacturing in the region to meet global delivery targets over the coming years will bolster the regional Europe hydrophobic coatings market.
Demand for fluoropolymer hydrophobic coatings
Since marine applications and aerospace components are among the key areas of investment for coating producers, fluoropolymer hydrophobic coatings are witnessing strong demand in Europe. Fluoropolymer based coating can help to avoid damage caused by water, especially during rain. Aircraft makers are using fluoropolymer hydrophobic coatings for windshield surfaces to reduce the dependency on wipers and ensure greater visibility in harsh weather. Europe fluoropolymer hydrophobic coatings market share will grow with higher use in maritime and aerospace applications.
Automotive applications to drive Germany Market
Germany is a major automotive manufacturing hub for both OEMs and aftermarket players. Auto components are subject to severe conditions and are exposed to water, air and other chemicals. Waterproof characteristics are a boon for vehicle owners to avoid corrosion related costs and maintenance issues. Germany hydrophobic coatings industry size from automotive applications is expected to witness considerable growth over the coming years.
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DuPont de Nemours, BASF SE, PPG Industries, 3M, Nippon Paint Holdings, Akzo Nobel and Surfactis Technologies are just some of the major Europe hydrophobic coatings market. These firms are offering different products suited to distinct application areas like oil and gas, medical, construction and aerospace. Titanium dioxide, fluoro-Alkylsilanes and polysiloxanes are also garnering significant demand across industries for providing reliable and lasting hydrophobic properties to various metal, glass, ceramic and polymer substrates.
Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.1 Market definitions
1.2 Market assumptions & forecast parameters
1.4 Data Sources
Chapter 2 Executive Summary
2.1 Europe Hydrophobic Coatings market summary, 2015 - 2026
2.1.1 Business trends
2.1.2 Product trends
2.1.4 Property trends
2.1.5 Application trends
2.1.6 Country trends
Chapter 3 Europe Hydrophobic Coatings Industry Insights
3.1 Industry segmentation
3.2 Industry outlook, 2015 - 2026
3.3 Value Chain
3.4 Regulatory overview
3.5 Market factor analysis
3.5.1 Growth drivers
3.5.2 Growth restraints
3.6 Competition review
3.7 Porter’s analysis
3.8 PESTEL analysis
3.9 Impact of COVID-19 on hydrophobic coatings demand by application
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