Superhydrophobic Coatings Market 2016 Superhydrophobic Coatings Market - Global Industry | Page 2

ceramic floor and wall tiles, cement walls, and roofs in exterior and interior
constructions.
Textile and leather is anticipated to be the fastest-growing end user during the
forecast period, presenting lucrative options for players. The growing need for
protective, dirt-resistant clothing in the military sector and self-cleaning apparels for
daily use is likely to drive the demand for superhydrophobic coatings in the textile
and leather industry.
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Rapid Industrialization Drives Demand for Superhydrophobic Coatings in
APAC
The global market for superhydrophobic coatings comprises North America, Latin
America, Asia Pacific, Europe, and the Middle East and Africa. In terms of volume,
North America led the superhydrophobic coatings market in 2015, followed by
Europe. Robust development of the electronics and telecommunication industry and
the recovery of the building and construction sector in North America, especially in
the U.S., are the key drivers fueling the superhydrophobic coatings market in the
region.
The scenario is likely to be similar in Europe in the near future. Countries in Western
Europe such as Germany and the U.K. are projected to be the key consumers of
superhydrophobic coatings in during the forecast period.
Asia Pacific is forecast to exhibit the fastest growth from 2016 to 2024 owing to the
rapid industrialization of the consumer electronics sector and rising residential
construction and infrastructure activities in the region. This scenario is estimated to
be reflected in China, India, and several ASEAN countries during the forecast period.
Latin America and the Middle East and Africa are both anticipated to present major
opportunities for players in the superhydrophobic coatings market.
P2i Limited, Cytonix, LLC, The Sherwin-Williams Company, DryWired, LLC, UltraTech
International, Inc., Sto Group, Surfactis Technologies, Nanex Company, NTT
Advanced Technology Corporation, NEI Corporation, Lotus Leaf Coatings, Inc., Rust-
Oleum Corporation, Aculon, Inc., and Artekya Ltd. are some of the leading players in
the global superhydrophobic coatings market.
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