BASF SE, 3M and NIPPON PAINT HOLDINGS CO. LTD. are Dominating the Global Hydrophobic Coatings Market in 2021

Global Hydrophobic Coatings Market is expected to grow with the CAGR of 5.4% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Global hydrophobic coatings market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global hydrophobic coatings market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.

For instance,

  • In 2021 June, PPG Industries announced to provide aerospace sealants, coatings, and adhesives to United Launch Alliance (ULA) for ATLAS V 541 rocket. Rocket protectants such as PPG DESOTHANE CA8200 Series HS Polyurethane topcoat, PPG PR-2001 Class B, PERMAPOL P-3.1 polyether compound and PPG PR-1665 were also provided. By launching new products company enhanced its portfolio, which helps to expand its footprint in the market.
  • In 2021 March, NEI Corporation introduced NANOMYTE SR-200 EC, a liquid coating product free of fluorinated materials. It is environmentally sustainable and has a functionality that is relatively thin and easy to clean. It is highly repellent to water and oils and could enhance lubricity. After launching the new production company has enhanced its product portfolio and expand its business in the market.

BASF SE is the dominating player in the hydrophobic coatings market. Other player includes BASF SE, 3M, Nippon Paint Holdings Co., Ltd., GVD Corporation, P2i Ltd., PPG Industries, Inc., Aculon, Akzo Nobel N.V., NeverWet, LLC, NEI Corporation, Pearl Global Ltd, NanoSlic Smart Coatings, CYTONIX, Artekya Teknoloji, Lotus Leaf Coatings, Inc., HZO, Inc., ALLEGIANCE NANOSOLUTIONS, Nanokote, NOANIX, and NTT Advanced Technology Corporation among others.

 Hydrophobic Coatings MarketBASF SE

BASF SE is headquartered in Ludwigshafen, Germany which was founded in 1865 as public ownership. The company is engaged in manufacturing and commercializing wide range of products including agriculture, automotive & transportation, chemicals and coatings solutions across the world. The company have business segment which are materials, industrial solutions, chemicals, surface technologies, nutrition & care, agricultural solutions and others under which surface technologies is our market focus category. The company have wide product category automotive & transportation, agriculture, plastics & rubber, electronics & electric, construction, energy & resources, pharmaceuticals, textile, leather & footwear, furniture & wood, packaging & print, pulp & paper, home care and I&I cleaning, paints & coatings, personal care & hygiene, chemicals, nutrition out of which our focused product category is paints & coatings.

For instance,

  • In 2019 November, BASF SE has decided to launch a new MasterProtect 9000, designed for offshore wind turbines. The coating is based on hard wearing, high-build hydrophobic PU membrane. This development helped the company to increase revenue and product portfolio.

The company has wide global presence across the Americas, Asia-Pacific, Europe, and Middle East and Africa.

3M

3M is headquartered in Minnesota, U.S. and it was founded in year 1902 as public ownership. The company is engaged in manufacturing and commercialization of wide range of product in various sectors including healthcare, automotive, electronics and others. The company have business segment which are automotive, commercial solutions, consumer markets, design & construction, electronics, energy, government, health care, manufacturing, safety, transportation under which consumer markets are the market focus category. The company offers wide range of product categories such as abrasives, adhesives, sealants, filters, advanced materials, automotive, building materials, cleaning supplies, coatings, compounds and polishes, dental & orthopedics, electrical, films and sheeting, filtration and separation, home, insulation, lab supplies and testing, labels, lubricants, medical, office supplies, personal protective equipment, signage and marking, tapes, tools and equipment under which coatings is market focused category.

For instance,

  • In 2021 May, 3M decided to enter in a partnership with Ray for delivering coating solutions of highways by examining the design and development of public highways. This development has helped the company to increase revenue.

The company has presence in Americas, Europe, Middle East and Africa, and Asia-Pacific.

NIPPON PAINT HOLDINGS CO. LTD.

Nippon Paint Holdings Co. Ltd. is headquartered in Osaka, Japan as public ownership. The company is engaged in manufacturing and commercializing of paints and coatings for different sectors. The company have business segment which are paint and coatings, paint peripheral under which paint and coatings is our market focus category. The company has product category which are paints for home use, paints for architectural structures, automotive coatings, industrial coatings, surface treatments, marine coatings out of which marine coatings is market focused segment.

For instance,

  • In 2021 January, Nippon Paint Holdings Co. Ltd. has developed a FASTAR Next Generation Nanotechnology eco-friendly marine coating for the maritime and ship-building industry. The development has helped the company to expand the product portfolio and increase revenue.

The company has wide global presence in Asia-Pacific, Oceania, and Americas.