Home > Chemicals & Materials > Hydrophobing Agents Market
Global Hydrophobing Agents Market size was over USD 950 million in 2019 and is estimated to grow at over 4% CAGR between 2020 and 2026. Increasing growth in decorative & industrial applications including automotive coatings, exterior wall paints, powder coatings, and interior wall paints will have a positive impact on the industry growth.
The hydrophobing agents market is anticipated to witness significant gains owing to the rising investments in the restoration activities of aging residential, commercial & industrial infrastructures. The product also has applications in other industries including paints & coatings, cosmetics, detergents, and medical & textile products.
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Innovations and new product launches in the personal care sector utilizing silicone polymers may stimulate product demand. The global cosmetics market has witnessed steady growth over the past few years. Increasing investments in the personal care sector owing to the increasing proclivity for personal grooming among consumers will have a positive impact on the hydrophobing agents market growth.
Report Attribute | Details |
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Base Year: | 2019 |
Hydrophobing Agents Market Size in 2019: | 987.7 Million |
Forecast Period: | 2020 to 2026 |
Historical Data for: | 2015 to 2019 |
No. of Pages: | 300 |
Tables, Charts & Figures: | 326 |
Segments covered: | Application & Product |
Growth Drivers: |
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Pitfalls & Challenges: |
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Companies have been investing in capacity expansions to enhance their product portfolio and to cater to a wider customer base. Such strategies and investments will foster the hydrophobing agents market share. Coronavirus spread has led to value chain disruptions throughout the globe. This has impacted the supply of raw materials used for manufacturing hydrophobing agents.
Asian countries including India and China are the major countries impacted by the pandemic. These countries have a large number of consumers and manufacturers. Supply shortage of natural as well as synthetic raw materials due to the lack of transportation facilities in this region may impact the supply chain of the hydrophobing agents market.
Supply chain restrictions are forecast to ease up over the short term. There is a shortage of manpower to supply the goods on account of quarantines and lockdowns imposed in several regions. This may lead to shortage of people in the transportation and logistics sector, thus impacting the supply chain network. Increasing number of coronavirus cases throughout the globe will lead to labor shortage for transporting goods from one place to other, which may impact hydrophobing agents market revenue.
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Metallic stearates generated over USD 400 million in revenue in 2019. Metallic stearates are complexes of fatty acids with metals of variant valencies. The most important metallic stearates are the metallic stearates of calcium, aluminum, magnesium, and zinc. These products offer lubricating, separating, anti-water absorption properties. Metallic stearates are widely used in manufacturing of shampoos, medicated ointments, eyeliners, lipsticks, and foot & body powders. They are added in small dosages from 0.05 to 1% in personal care applications. The hydrophobic properties of metallic stearates help prevent absorption of water in powdered cosmetics.
Other products including hydrophobic polymers, silicone polymers, and fatty acid polymers. These products are produced through bio-synthesis and by chemical synthesis. Hydrophobing agents are prominently used to minimize water absorption and ensure a water-repellent effect on cleaned surfaces. These compounds find uses across a wide range of applications, from surface protection of critical infrastructure to the designing of stain-repellant textiles.
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Rebounding economic growth after the pandemic will support the expansion of the construction sector in developed as well as developing countries leading to rising demand for efficient hydrophobing construction additives. The growth of the construction sector is a key factor in the advancement of both emerging & developed economies owing to its impacts on GDP and economic development. Building and construction segments is rising with a CAGR of 4.4% by 2026. The global construction sector has garnered a market size of USD 8 trillion being widely driven by China, the U.S., and India.
Hydrophobing agents are predominantly used in mineral & pasty plasters to prevent moisture deterioration. Plastering segment accounted for a market revenue of USD 106.99 in 2019. The rising demand for plastering in applications including protective, decorative coatings of walls & ceilings, and for casting & molding decorative elements will drive the hydrophobing agents market.
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North America dominated the global hydrophobing agents market share in 2019 with a market size of over USD 200 million; the regional market is slated to grow at around 3.5% CAGR during the forecast period. Emerging infrastructure in the U.S. with heavy investments in public & private sectors will support the market trends. In the U.S. and Canada, large investments to upgrade and replace the aging infrastructure will drive the market demand.
Infrastructure investments in the U.S. with heavy investments in public & private sectors will support the hydrophobing agents market trends. In the U.S. and Canada, large investments to upgrade and replace the aging infrastructure will drive the market demand. The rise in infrastructural development supported by government initiatives for the construction of new buildings & the renovation of existing old structures has developed the need for waterproofing and water-repellent chemicals. Rapid investments in restoration activities of aging residential, commercial, and industrial infrastructures will propel the business growth of hydrophobing agents.
Some of the leading players in the hydrophobing agents industry are:
In March 2020, Celanese Corporation announced the acquisition of Nouryon’s Elotex dedispersible polymer powders business. Through this acquisition, the company will be able to expand its product portfolio and attain a strong market position.
The global hydrophobing agents market report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Tons & revenue in USD Million from 2015 to 2026 for the following segments:
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