The superhydrophobic coatings market is expected to grow significantly in the next 5 years with the construction sector playing an increasingly important role because of increasing need to extend life of concrete structures and reduce maintenance costs associated with high rise glass buildings.
Rapid growth in urbanization mainly in emerging economies of Asia and Africa expected to drive growth in building and construction industry, which will provide the impetus for growth in adoption of innovative superhydrophobic coatings and surface treatment technologies. However, the coating integrity and spreading rate of these new coating technologies have to be within desirable limits to encourage cost-effective implementation across regions. Presently, the key research focus is on the development of low-cost eco- friendly coatings formulations that comply with emission standards and contain high solid content.
The capabilities offered by ultra-hydrophobic and oleophobic formulations are driving the construction industry toward a new class of functional possibilities that can redefine performance and durability of building materials.
It also provides a detailed study on the innovation ecosystem, top products catering to the construction industry, and regional trends in North America, Europe, and Asia-Pacific along with key innovations and their technology readiness levels across three application segments within construction industry.