Water repellent agent Market by Type, by Application, and by Region: Size, Share, Trends and Opportunity Analysis, 2022-2030”, the market was valued at US$ 886.58 Million in 2021.

Water repellent is a processing agent that coats the surface of the fiber with a nanoparticle compound to provide excellent water repellency. This agent has the ability to resist water penetration to some extent through the wall of any product. These water-repellent agents are added to the fabric during the manufacturing process.

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The water-repellent agent market has been fragmented based on type and application. by type, the water-repellent agent market is categorized as Polyurethane, Teflon, Silicones, and Others. In terms of application, the market is categorized into building & Construction, Textile, Automotive, Leather, Furniture, Medical, and Others. Considering regions, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

The Coronavirus disease 2019 (COVID-19) pandemic highlighted economic disparities, global interdependence, and governance challenges in various nations. The spread of the disease halted a huge number of manufacturing and supply chains in the construction industry across the globe. Further, manufacturers of water-repellent agents were affected during the pandemic, due to restrictions and closure of global industries. Import and export facilities were affected due to transport restrictions. The pandemic led to disruptions in the supply chain, exports, large-scale manufacturing, transportation, and the closing of manufacturing plants. This, in turn, hampered the water-repellent agent market. In addition, R&D of innovative technology was halted, due to social distancing laws imposed during the pandemic. COVID-19 impeded the R&D activities in the water-repellent agent market, due to social distancing and declining access to research centers. Therefore, these factors are estimated to impede the growth of the water repellent agents market during the forecast period.

As per growth market reports by industry analyst Akash Vedpathak, the increasing adoption of water-repellent agents in textiles and automobiles and the rising disposable income of people in developed and emerging economies are anticipated to boost market growth during the forecast period. Conversely, government regulations have restricted the use of toxic chemicals in the manufacture of water-repellent agents, which is expected to hinder market growth. Furthermore, the emergence of innovative techniques in the automotive industry is anticipated to lucrative opportunities for the water-repellent market to grow in the near future.

Key Takeaways from the Study:

  • The players in the Water repellent agent market include Elkem ASA, 3M, Dow, BASF SE, Momentive, Solvay, Shin etsu Chemical Co., Ltd., Wacker Chemie AG, Evonik Industries AG, and Sarex. Momentive held a major market share of the Water repellent agent market in the year 2021.
  • Based on type, the global water repellent agent market is segmented into polyurethane, teflon, silicones, and others. The silicon segment holds a significant share of the market during the forecast period. Silicones are commonly used substances, mainly due to their mechanical properties. It is used in various personal care, health care, aerospace, transportation, electronics, and construction.
  • On the basis of application, the global water repellent agent market is segmented into textiles, construction, automotive, leather, furniture, medical, and others. The building and construction segment holds a dominant share of the market during the forecast. Waterproofing is one of the most important applications in a building. Waterproofing improves the durability of many different construction surfaces.
  • Based on region, the global water repellent agent market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific is estimated to grow fastest during the forecast period, owing to the presence of various industries such as construction, textile, and automotive in developing economies including China, India, and others.

Report Scope:

Report Metric

Details

Market Value in 2021

US$ 886.58 Million

Historical Data

2015 & 2030

Base Year

2021

Forecast Period

2022 – 2030

Units Considered

Value (US$ Million

Market Segments

By Type, By Application, and By Region

Key Companies Profiled

Elkem ASA, 3M, Dow, BASF SE, Momentive, Solvay, Shin etsu Chemical Co., Ltd., Wacker Chemie AG, Evonik Industries AG, and Sarex.

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail of tailor-made purchase options to meet your research requirements.

Target Audience:

  • Supply Side: Manufacturers and OEMs
  • Demand Side: Textile industry, construction, automobile, and leather
  • Regulatory Side: Concerned government authorities, and other approved regulatory bodies.