Hydrophobing Agents Market Analysis

Hydrophobing Agents Market Analysis

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.
 

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.
 

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.