Hydrophobing Agents Market - Global Industry Analysis

Hydrophobing Agents Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Technology & Media Report Format : PDF Report Code: ZMR-5904 Status : Upcoming

Description

Global Hydrophobing Agents Market: Overview

Hydrophobing agents which are also commonly known as hydrophobic agents are surface protection materials that minimize the water absorption and make sure the water-repellent effect on the cleaned surface. These agents reduce the penetration of water in concrete by increasing the angle of contact between the concrete surface and water. The hydrophobing agents have numerous applications in several sectors including construction, paints & coating, automobiles, and personal care.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Hydrophobing Agents Market: Growth Factors

The demand for hydrophobing agents is increasing at a faster pace. The rise in demand for hydrophobing agents for the coating of electronic gadgets to prevent them from moisture, chemicals, and water is propelling the growth of the global hydrophobing agents market. In addition to this, rapid growth in the personal care sector and huge investments in social & economic infrastructure are the key factors that are fostering the growth of the global market. Hydrophobing agents are been widely used in the construction sector to enhance the durability of building materials that are exposed to moisture. These agents prevent efflorescence of salts, frost damage & water absorption, protect sub-layers, maintain the appearance & functionality of the building material, extend the service life of the building as well as the period between renovation, and also save the cost of expensive raw materials. Owing to all these factors and the increase in commercial residential projects, there is a huge demand for hydrophobing agents from the construction sector which is majorly contributing to the growth of the global market. Moreover, the rapidly expanding automobile industry and the growing use of hydrophobing agents in paints & coatings as well as the healthcare sector are also the additional factors that are spurring the growth of the market. Furthermore, continuous investments in R&D for the launch of new products by the key players may create several opportunities for the growth of the global hydrophobing agents market during the forecast period. However, high initial investments and stringent regulations associated with the use of hydrophobing agents as it releases volatile organic compounds are the factors that may hamper the growth of the global hydrophobing agents market.

The Covid-19 pandemic has led to the global economic crisis. The government had to make a quick decision of complete lockdown and impose stay-at-home orders to control the spread of the virus. Due to this, the manufacturers of hydrophobing agents had to face unprecedented effects as they had to cease all their operations during the pandemic. In addition to this, the disruption of the supply chain hampered the availability of the raw material and the restriction on transport & personnel movement are also the factors that adversely affected the growth of the global hydrophobing agents market. Moreover, the decrease in demand for hydrophobing agents from its end-users has also impacted the market growth.

Global Hydrophobing Agents Market: Segmentation

The global hydrophobing agents market is categorized based on application, product, end-user, and region. Based on the application, the global hydrophobing agents market is bifurcated into inks, adhesives, paints & coatings, and others. Based on the product, the global market is classified into fatty acid polymers, hydrophobic polymers, metallic stearates, and silicone polymers. The end-user market is divided into building & construction, automotive, medical & healthcare, electronics & optical, and others.

Global Hydrophobing Agents Market: Regional Analysis

North America is projected to lead the global hydrophobing agents market in terms of revenue followed by Europe. Factors such as rise in investment for infrastructure in private & public sectors, growing need for the replacement of aged construction sites, and increase in need for water-repellent chemicals for building & construction purposes boost the growth of North America market. The market in Europe is expected to rise due to the presence of paint & coating industries and the growing demand for hydrophobing agents from electronics industries. On the other hand, Asia Pacific region is predicted to grow rapidly during the forecast period due to a rise in economic growth leading to invest majorly for the development of infrastructure, increase in demand for personal care products, and expanding cosmetic industries.

Global Hydrophobing Agents Market: Competitive Players

Some of the key manufacturers operating in the global hydrophobing agents market are Baerlocher GmbH, Zschimmer & Schwarz Holding GmbH & Co., Evonik Industries, East Leading Chemical Co., Ltd., Silcona GmbH & CO.KG, Kao Chemicals, Celanese Corporation, KG Rudolf Group, Dover Chemical Corporation, and Sika Group.

Global Hydrophobing Agents Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

The rise in demand for hydrophobing agents for the coating of electronic gadgets to prevent them from moisture, chemicals, & water is propelling the growth of the global hydrophobing agents market. Furthermore, continuous investments in R&D for the launch of new products by the key players may create several opportunities for the growth of the global hydrophobing agents market during the forecast period.

Some of the key manufacturers operating in the global hydrophobing agents market are Baerlocher GmbH, Zschimmer & Schwarz Holding GmbH & Co., Evonik Industries, East Leading Chemical Co., Ltd., Silcona GmbH & CO.KG, Kao Chemicals, Celanese Corporation, KG Rudolf Group, Dover Chemical Corporation, and Sika Group.

North America is projected to lead the global hydrophobing agents market in terms of revenue followed by Europe. Factors such as rise in investment for infrastructure in private & public sectors, growing need for the replacement of aged construction sites, and increase in need for water-repellent chemicals for building & construction purposes boost the growth of North America market.

 

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