Registering a CAGR of 4.2% over the forecast period, the market value of Hydrophobing Agents is expected to reach US$ 1000.70 million in the year 2027.
Hydrophobic agents are primarily used to protect fabrics, metals, glass, textiles, and plastics from water, moisture, and dirt. In coatings or adhesives, a hydrophobic agent is also used as a water repellent substrate.
The hydrophobing agents’ market is expected to grow significantly as a result of rising investments in the restoration of aging residential, commercial, and industrial infrastructures. Other industries that use the product include paints and coatings, cosmetics, detergents, and medical and textile products.
One of the major factors driving the growth of the hydrophobic agent market is the increase in demand for hydrophobic agents for use in protective and performance coatings. The rise in decorative and industrial applications such as exterior wall paints, interior wall paints, automotive coatings, and powder coatings, as well as an increase in investments in commercial, industrial, and aging residential infrastructure restoration activities, drive market growth. Investment in capacity expansions to improve their product portfolio and cater to a wider customer base, as well as an increase in consumer proclivity for personal grooming, all have an impact on the market. Furthermore, infrastructure expansion, an increase in demand for hydrophobic coatings from the healthcare industry, and an increase in demand for water-repellent coatings in several end-use industries all benefit the hydrophobic agent’s market.
The report aspects discussed the profile of the top manufacturers of the global Hydrophobing Agents market. These aspects include the financial status of major companies, trending advancements, and the entire market scenario. Growth of the report has examined Hydrophobing Agents Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.
The global Hydrophobing Agents includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Wacker (ETR: WCH), Elotex, Baerlocher, Peter Greven, FACI S.P.A, Dover Chemical, Sunace, DowDuPont (NYSE: DD), Evonik, Shanxi Sanwei, Shandong Xindadi, Graf & Co. GmbH, Kao Chemicals and others.
Celanese Completes Elotex® Acquisition
April 1, 2020 –Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, announced the completion of its acquisition of Nouryon's redispersible polymer powders business, known as Elotex®.
Celanese now owns Nouryon's global production facilities for redispersible polymer powders across Europe and Asia, as well as all products in the Elotex® portfolio and all customer agreements, technology, and commercial facilities worldwide, following the completion of the acquisition – having cleared all necessary closing conditions, regulatory, and works council requirements.
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
By Application, it is segmented into
During the forecast period, Asia Pacific is expected to dominate the global hydrophobic agent market. The region's market is expected to be fueled by the high growth potential of the automotive, medical, and construction industries during the forecast period. The demand for hydrophobic agents in China is expected to rise significantly in the near future, owing to the country's growing industrial sector and increased production of adhesives and coatings.
Because of the presence of a well-established paints and coatings industry in these regions, North America and Europe are expected to hold a significant share of the global hydrophobic agent market during the forecast period. The demand for hydrophobic agents in Latin America, the Middle East, and Africa is expected to rise between 2022 and 2027, owing to improved economic conditions and infrastructure development in these regions.
The Hydrophobing Agents Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Hydrophobing Agents Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Hydrophobing Agents Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Hydrophobing Agents Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Report Title | Hydrophobing Agents Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: Wacker (ETR: WCH), Elotex, Baerlocher, Peter Greven, FACI S.P.A, Dover Chemical, Sunace, DowDuPont (NYSE: DD) |
Forecast Period 2022 to 2027 CAGR | CAGR of 4.2% over the forecast period (2022-2027) |
By Type |
|
By Application |
|
By Companies | Wacker, Elotex, Baerlocher, Peter Greven, FACI S.P.A, Dover Chemical, Sunace, DowDuPont, Evonik, Shanxi Sanwei, Shandong Xindadi, Graf & Co. GmbH, Kao Chemicals |
Regions Covered |
|
Countries Covered |
|
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 103 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Hydrophobing Agents Market is studied from 2017 - 2027.
What is the growth rate of the Hydrophobing Agents Market?
The Hydrophobing Agents Market is growing at a CAGR of 4.2% over the next 5 years.
Who are the key players in Hydrophobing Agents Market?
Wacker, Elotex, Baerlocher, Peter Greven, FACI S.P.A, Dover Chemical, Sunace, DowDuPont, Evonik, Shanxi Sanwei, Shandong Xindadi, Graf & Co. GmbH, Kao Chemicals
What regions does this Hydrophobing Agents Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Hydrophobing Agents Market?
Metallic Stearates, Hydrophobic Polymers, Silicone Based Product, Fatty Acid Type Product
What are the major end-use applications of Hydrophobing Agents Market?
Mortar, Concrete, Gypsum Board, Others
All our reports are custom-made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
Reach us with your research requirements and we shall provide the optimum solution to suit your needs.
Discounts available for multiple report purchases.