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[English Market Research Report] Global Market for Hydrophobic Coatings

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The global market for hydrophobic coatings is expected to grow from 1.74 billion USD in 2022 to 1.86 billion USD in 2023, with a CAGR of 6.73%. The war between Russia and Ukraine has disrupted the potential for a global economic recovery from the COVID-19 pandemic, at least in the short term. This war between the two countries has led to economic sanctions against multiple nations, soaring commodity prices, and supply chain disruptions, causing inflation across goods and services and impacting many markets worldwide. The hydrophobic coatings market is projected to reach 2.49 billion USD by 2027, with a CAGR of 7.62%.

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