Segments - Global Water Repellent Agent Market by Type (Polyurethane, Teflon, Silicones, and Others), Application (Building & Construction, Textile, Automotive, Leather, Furniture, Medical, and Others), and Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2022 – 2030
The global water repellent agent market size was valued at USD 886.58 million in 2021 and is projected to reach USD 1,151.85 million by 2030, expanding at a CAGR of 3.10% during the forecast period 2022-2030. The market growth is attributed to the rising demand for water repellent in various sectors including textiles and others, and moreover, increased construction activities in commercial and residential sites.
A water-repellent agent is also referred to as a water-resistant agent. Water repellent is a processing agent that coats the surface of the fiber with a nanoparticle compound to provide excellent water repellency. It has the ability to resist water penetration to some extent through the wall of any product. The implementation of water repellent agents in waterproofing solutions as well as in textiles for providing excellent results are attracting key players to adopt water repellent agents in their business.
These water-repellent agents are added to the fabric during the manufacturing process. They are used to make water-resistant products in various industries, including manufacturing, textile, construction, automotive, and others. It aids in water resistance and the preservation of the quality and durability of a product. Water repellence is an advanced form of water resistance and indicates that water cannot enter easily into the material.
Artificial intelligence has the capability to implement its functions in almost every industry. Similarly, it has an impact on water repellent agents and textile products. The fashion industry is integrating with the growing implementations of AI. Artificial intelligence is helping the industry to create more sustainable and water repellent garments. It creates fabrics that are breathable, water-resistant, and recyclable. Thus, by implementing AI in these fields, industries are welcoming new opportunities.
Increasing urbanization led to increased construction activities of residential and commercial buildings. Waterproofing is done in the construction of structures using coatings and membranes. These are added for structural integrity and content protection. Waterproofing chemicals are essential in the construction of buildings, as they form an envelope, providing a controlled environment. Waterproofing improves the durability of different surfaces in construction. This is expected to drive the water-repellent agent market during the forecast period.
The growing population has increased the demand for waterproof items and water-repellent agents. Water-repellent agents are used to make waterproof automotive engine filters, cardboard, coats, carpets, umbrellas, and other items. These products are directly used by consumers. Therefore, population growth is increasing the demand for water-repellent agents.
Various industries place a high priority on logistics and supply chains, which include the supply of raw materials and the distribution of finished goods to the end consumers. Water repellent agents are supplied to the construction and textile industries for further processing. The growing need for outsourcing logistic services is attributed to increasing manufacturing activities and global trade.
Efficient logistical procedures have an impact on supply chain capacity, price, delivery speed, and reliability. Strong supply chains and logistics are needed to cater to the increasing production of water repellent agents utilized for producing waterproof items. Roadways and waterways play a key role in facilitating the export, import, and transit of products and commodities in a nation.
GDP per capita refers to the gross domestic product divided by midyear population. GDP tracks a country’s economy, by representing the value of goods and services produced over a specific period. Revenue generated from the textile, construction, automotive, manufacturing, and other industries contribute to the global economy and GDP.
High preference towards comfortable clothing and affordable prices of water-repellant fabrics have increased the use of water-repellent technology in textile production. Many countries have tropical rainy climates. As a result, industries need to be competitive in the market and be aware of the techniques that deal with moisture damage.
Water-repellent techniques, such as Gore-Tex, are used in raincoats, umbrellas, and clothing. They provide comfortable and extremely breathable products. In areas with a lot of rain, dirty roads, and busy highways, the automobile industries have started deploying this technique in windshields. As a result, the rising adoption of water-repellent techniques in textiles and automobiles is expected to drive the market.
The addition of water repellant agents to products such as outdoor garments, suits, coats, carpets, umbrellas, surgical gowns, automotive engine filters, cardboard, and others increases the prices of these products. Water repellent is a processing agent that coats the surface of the fiber with a nanoparticle compound to provide excellent water repellence. This agent is added to the products to increase the quality and durability of the products, which in turn, increases the product prices.
Changing lifestyles and increasing the disposable income of people allow them to invest in costly products. This increases the demand for water-repellent products with a hydrophobic glaze that allows clothing to be breathable and waterproof. Increasing disposable income of people in developed and emerging economies is expected to drive the market during the forecast period.
Fluorine is a chemical substance found in rocks, coal, and other natural materials. It reacts with air and has a harmful effect on the environment. Government agencies have enacted stringent regulations to limit the use of toxic chemicals in the manufacture of water-repellent materials. Water repellent manufacturing companies are focused on the use of fluorine, which aids in the production of water repellent products.
Non-fluorine water repellent products are only waterproof, and cannot be applied to all fabrics. Additionally, non-fluorine fabrics have low PH value and impurities. These factors are restraining the growth of the market.
The Advent of environment-friendly products is one of the major factors creating a lucrative opportunity for market growth. For instance, a team of researchers from India, Switzerland, and Italy have collaborated to create a biodegradable water-repellent material inspired by lotus leaves. The new material is completely organic and biodegradable.
It is inspired by lotus leaves, which are made of cellulose as the base substance and use naturally formed wax to repel water. It is a superhydrophobic surface of leaves that traps air and provides protection against water.
This technique employs a purely organic substance that is beneficial to cars and capable of allowing cars to survive severe floods. The electric vehicle market is growing day by day, providing lucrative opportunities for the water-repellent market to grow in the near future.
The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Water Repellent Agent Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast |
Base Year |
2021 |
Historic Data |
2015-2020 |
Forecast Period |
2022–2030 |
Segmentation |
Type (Polyurethane, Teflon, Silicones, and Others) and Application (Building & Construction, Textile, Automotive, Leather, Furniture, Medical, and Others) |
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered |
Elkem ASA, 3M, Dow, BASF SE, Momentive, Solvay, Shin Etsu Chemical Co., Ltd., Wacker Chemie AG, Evonik Industries AG, and Sarex |
The global Water Repellent Agent Market is segmented on the basis of type, application, and region.
Based on type, the Global Water Repellent Agent Market is segmented into Polyurethane, Teflon, and Silicones. The Silicones segment is expected to hold a significant share of the market during the forecast period. Silicones are commonly used substances, mainly due to their mechanical properties. Silicone-based water repellent agents are made by including a long-chain fatty acid in a silicone-based material.
They have been widely used as a substitute for fluorine-based water-repellent agents as they have a stable chemical structure, no oxidation and corrosion, excellent water repellency, and washing durability. Moreover, it is used in various personal care, health care, aerospace, transportation, electronics, and construction.
Based on application, the Global Water Repellent Agent Market is segmented into Building & Construction Textile, Automotive, Leather, Furniture, Medical, and Others. The Construction segment is anticipated to hold a substantial share of the market in the year 2021. Waterproofing is one of the most important applications in a building. Waterproofing improves the durability of many different construction surfaces.
Based on region, the Water Repellent Agent Market Share is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific is projected to expand at a lucrative CAGR 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. Furthermore, rise in preference by consumers for comfortable clothing and reasonable price in the Asia Pacific are driving the demand for fabrics by using water repellent in the production of textiles.
Top players in the market include Elkem ASA, 3M, Dow, BASF SE, Momentive, Solvay, Shin etsu Chemical Co., Ltd., Wacker Chemie AG, Evonik Industries AG, and Sarex These companies are considered key manufacturers of Water Repellent Agent based on their revenue, product offerings, regional presence, and supply chain management system.
The players are adopting key strategies such as acquisition, collaborations, and geographical expansion where potential opportunities for Water Repellent Agent Market.
Additional company profiles can be provided on request
Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.
Increasing adoption of water-repellent agents in textiles and automobile and rising disposable income of people in the developed and emerging economies are expected to drive the market growth during the forecast period.
According to the Growth Market Reports, the global Water Repellent Agent Market is likely to register a CAGR of 3.10% during the forecast period 2022-2030, with an anticipated valuation of USD 1,151.85 million by the end of 2030.
The major types of Water Repellent Agent are Polyurethane, Teflon, Silicones, and Others.
Factors such as Construction industry, Growing population Logistics and Supply, and GDP are analyzed in the final report.
Major Manufacturers are Elkem ASA, 3M, Dow, BASF SE, Momentive, Solvay, Shin etsu Chemical Co., Ltd., Wacker Chemie AG, Evonik Industries AG, and Sarex.
The market is expected to witness a significant decrease in growth between 2019 and 2020 owing to the COVID 19 pandemic in the Water Repellent Agent Market.
In addition to market size (in US$ Million), company market share (in % for the base year 2021) is provided.
The base year considered for the global Water Repellent Agent Market report is 2021. The complete analysis period is 2015 to 2030, wherein, 2015 to 2020 are the historic years, and the forecast is provided from 2022 to 2030.