As per the report titled, ‘Europe Hydrophobic Coatings Market Size By Substrate, By Product, By Property, By Application, Research Report, Country Outlook, Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2020 - 2026’, available with Market Study Report, Europe hydrophobic coatings market is slated to cross USD 600 million by the end of the forecast period 2020-2026.
 

According to the research literature, surging demand for advanced coating technologies in aircrafts, naval vessels, and automotive is boosting Europe hydrophobic coatings market growth.
 

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Notably, hydrophobic coatings are witnessing an increased adoption owing to their applicability in boosting wear and corrosion resistance of optical surfaces. These coatings have strong demand in various dry applications including medical equipment, textiles, and vehicle windshields.
 

Based on product, the market is divided into fluoro-alkysilanes, polysiloxanes, fluoropolymers, titanium dioxide, and others. Among these, fluoropolymers segment held a coveted position in 2019 and is likely to showcase a strong growth rate over the assessment period. These coatings are recording a high demand as they are chemically inert coatings which offer hydrophobic characteristics with high corrosion and chemical resistance against bases, solvents, and acids.
 

In terms of substrate, Europe hydrophobic coatings market size from metals segment is slated to grow tremendously in the upcoming years. As metal surfaces are prone to air, solvents, and water, hydrophobic coatings will continue to witness a sustained demand for application in metal substrates across various industries including automotive, rail, aerospace, marine, and pharmaceutical.
 

With respect to the application scope, the market is fragmented into automotive, aerospace, construction, optical, medical, oil & gas, and others. Of these, aerospace segment was valued USD 50 million in 2019 and is set to record strong demand for hydrophobic coatings in the ensuing years, attributable to the necessity of warding off water and ice accumulation on aircraft windshields. Moreover, favorable government initiatives are supporting the segmental expansion.
 

On the geographical front, Germany is anticipated to contribute significantly to Europe hydrophobic coatings industry expansion due to increasing vehicle production and heightened investments by automotive giants in the country.  
 

Key players influencing the industry trends are Aculon, NeverWet LLC, Akzo Nobel N.V., 3M Co., Nippon Paint Holdings Co. Ltd., DryWired, DuPont de Nemours Inc., Surfactis Technologies, PPG Industries Inc., and BASF SE.