Aug 22, 2017   SOURCE: BusinessWire

Demand From Textiles Industry to Boost the Superhydrophobic Coatings Market: Technavio

Technavio market research analysts forecast the global superhydrophobic coatings market to grow at a CAGR of more than 33% during the forecast period, according to their latest report.

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Technavio has published a new report on the global superhydrophobic coatings market from 2017-2021. ...

Technavio has published a new report on the global superhydrophobic coatings market from 2017-2021. (Graphic: Business Wire)

The market study covers the present scenario and growth prospects of the global superhydrophobic coating market for 2017-2021. The report also lists fluoropolymers, silica, metal oxides, and carbon nanomaterials as the four major product segments.

According to Kurva Samba Sivudu, a lead analyst at Technavio for paints, coatings, and pigments research, “The market for superhydrophobic coatings is emerging with a wide scope for applications in the electronics, textile and leather, automotive, building and construction, and other industries. The market is projected to grow significantly in the future owing to the increasing demand from the end-user industries.”

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Technavio analysts highlight the following three market drivers that are contributing to the growth of the global superhydrophobic coatings market:

  • Growing demand in power electronics
  • Increase in adoption in textiles
  • Rising demand for energy-efficient solar cells

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Growing demand in power electronics

The use of electronic goods has been increasing significantly over the years. These are sensitive to water and moisture, thereby creating the demand for waterproof coatings (superhydrophobic coatings). Electronics manufacturing companies are also emphasizing on the development of waterproof coatings. For instance, Sony launched waterproof Xperia Z1 Android phone in the market in 2013, earning the highest sales in the market. In recent years, many electronic manufacturing companies have been launching waterproof electronic gadgets to increase the sales of electronic products. The electronics industry is expected to post high growth rate in APAC and the Americas. This will influence the consumption of superhydrophobic coatings during the forecast period.

Increase in adoption in textiles

Superhydrophobic coatings have gained significant scientific and industrial interest owing to their potential applications in outdoor wear and protective textiles. Superhydrophobic textiles exhibit not only excellent water, stain, and oil repellence but also possess self-cleaning properties that reduce the frequency of washing. The reduced need for laundering maintains the functionality and durability of textiles and reduces the consumption of resources, detergents, and water.

“Superhydrophobic and self-cleaning properties are being developed for textiles by lowering the surface energy of the textile fibers using materials such as carbon nanotubes, titanium dioxide, zinc oxide, and silica. The superhydrophobic property is attained by the 3D nanostructures, and self-cleaning titanium dioxide imparts antibacterial property and acts as a photocatalyst that treats organic compounds,” says Kurva.

Rising demand for energy-efficient solar cells

Many countries have been working toward the development of clean and green energy due to the greenhouse effect and lack of availability of non-renewable power resources such as fossil fuels. Fuel cells, wind turbines, and solar cells are among the potential technologies that can aid in harnessing energy from renewable sources.

Among these, the cost of solar power is significantly low, and this creates the demand for solar cells throughout the globe. As sunlight is the main resource for solar cells, deposition of dust on the glass of solar panels can reduce the efficiency of the panel by 10%-20% depending on the thickness of dust accumulated. Cleaning the solar panels is a dangerous and costly process. Applying superhydrophobic coatings on solar panels can easily clean the dust by rain or manually spraying water. The rise in the demand for solar cells will consequently increase the consumption of superhydrophobic coatings in the coming years.

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