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Hydrophobing Agents Market Trends

  • Report ID: GMI4441
  • Published Date: Aug 2024
  • Report Format: PDF

Hydrophobing Agents Market Trends

The hydrophobing agents’ market is witnessing significant growth driven by increasing demand for water-resistant materials across various industries. These agents, used primarily in construction and textiles, enhance the durability and longevity of products by repelling water. Key market trends include a rising emphasis on sustainable and eco-friendly solutions, as consumers and industries alike seek products that reduce environmental impact. Innovations in technology are also contributing to market expansion, with advanced formulations offering improved performance and versatility.
 

Additionally, the growth of the real estate sector and infrastructure development globally is bolstering demand for hydrophobing agents. Emerging markets in Asia-Pacific and Latin America are becoming focal points for expansion due to their rapid industrialization and urbanization. Companies are focusing on strategic partnerships and product diversification to capture a larger market share and cater to evolving consumer preferences.
 

Authors: Kunal Ahuja, Manish Verma

Frequently Asked Questions (FAQ) :

Global hydrophobing agents industry size achieved USD 1,130 million in 2023 and will grow at 4.1 % CAGR from 2024 to 2032 due to rapid growth in decorative & industrial applications including automotive coatings, exterior wall paints, powder coatings, and interior wall paints.

The hydrophobing agents industry from the building and construction segment held 57.5% share in 2023, as they are crucial for enhancing the durability and water resistance of materials, such as concrete and masonry.

Asia Pacific hydrophobing agents market is projected to achieve USD 707 million by 2032 driven by rapid industrialization, urbanization, and significant infrastructure development in countries, such as China and India.

Nippon Carbide Industries Co, Shin-Etsu Chemical Co., Ltd, Fujifilm Corporation, Toyo Gosei Co., Ltd, Heraeus Holding, San-Apro Ltd, and Tokyo Ohka Kogyo Co., Ltd

Hydrophobing Agents Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 13
  • Tables & Figures: 172
  • Countries covered: 22
  • Pages: 200
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