The global hydrophobing agents market is set to witness immense growth in the coming years owing to high product adoption across numerous application avenues such as personal care, paints & coatings, inks, concrete, and building & construction among others. Hydrophobic generally means water-hating. In coatings technology, a substrate surface is referred as hydrophobic if it is not entirely wetted by water droplets on it.
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Global hydrophobing agents market is divided into different segments in terms of product, application, and regional landscape.
With respect to product, the hydrophobing agents market is classified into fatty acid polymers, silicone polymers, hydrophobic polymers, magnesium, calcium, aluminum, zinc, and metallic stearates. Among these, aluminum product segment is likely to reach a valuation of $78.93 million by the end of the forecast time period. Likewise, magnesium product segment will grow at a CAGR of around 4.1% through the assessment time period.
Metallic stearates such as magnesium and aluminum among many others are generally long-chain fatty acids with metals of diverse valencies. The products further offer separating and lubricating properties, along with other attributes such as gelling capacity, acid scavenger, water repellence, foam inhibition, and stabilizing effect among others. In addition, magnesium and aluminum stearates are utilized as foam inhibitors for numerous suspensions.
Meanwhile, fatty acid polymers segment is expected to reach a valuation of nearly $127.75 million by the end of the analysis timeline.
In terms of application, the overall hydrophobing agents market is categorized into inks, personal care, paint & coatings, concrete, plaster & fiber boards, plastering, and building & construction. Among these, concrete application segment is expected to grow at a CAGR of more than 4.1% through the forthcoming time period.
Hydrophobic agents are mainly used on vertical surfaces of concretes which are exposed to the environment. These agents result in silicon resins which are chemically bound to the concrete bases. Some of the most used components are siloxanes oligomerics, silanes, as well as a mixture of these two components.
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From a regional frame of reference, Latin America hydrophobing agents market is expected to reach approximately $90.02 million by the end of the analysis timeline and is likely to grow at a CAGR of more than 2.6% over the forecast time period.
Meanwhile, Middle East & Africa hydrophobing agents market is anticipated to reach a valuation of approximately $51.64 million by the end of the analysis time period. The region is further expected to grow at a CAGR of 2.8% through the forthcoming time period.