Global Hydrophilic Coating Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027

MarketResearch.biz delivers in-depth insights on the global hydrophilic coating market in its upcoming report titled, “Global Hydrophilic Coating Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global hydrophilic coating market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global hydrophilic coating market report has been segmented on the basis of substrate, end-use industries, and region.

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Hydrophilic coatings are wet and low friction coating used on the medical devices such as catheters, cannulas, and guide wires. It reduces occurrences of damage and inflammation caused by medical devices, when they are utilized for patient treatment. Hydrophilic coatings exhibit water appealing characteristics. In addition, hydrophilic coatings react with water and produces hydrogel material, which are wettable and lubricious suitable for the biological interactions. These coatings are also utilized in optical devices such as outdoor surveillance, camera windows, outdoor display, and others. Hydrophilic coatings are utilized in automotive parts including rear-view mirrors as an anti-fog agent and body for glazing.

Increasing application of hydrophilic coating in medical devices used in clinical areas such as coronary, peripheral, and neurovascular, increasing adoption of hydrophilic coatings from end-use industries, such as healthcare, aerospace, automotive, and marine. In addition, increasing demand for lightweight materials in automotive industry is estimated to drive growth of the target market over the forecast period. However, high production cost of hydrophilic coatings coupled with lower shelf life of hydrophilic coatings products are the major factors hindering growth of the global hydrophilic coatings market.

North America hydrophilic coating market is estimated to account for major share in terms of revenue in the global hydrophilic coating market. Asia Pacific hydrophilic coating market is anticipated to witness fastest growth in terms of revenue over the next 5 years, owing to increasing demand from the medical, aerospace, and automotive industries in countries in this region. China hydrophilic coating market is anticipated to account for significant share in terms of revenue in the Asia Pacific. Continuously changing lifestyle and rising disposable income of people and rapid growth in urban regions in this region are various other factors fueling growth of automotive and medical, which in turn is expected to fuel growth of hydrophilic coating in this region.

Global Hydrophilic Coating Market Segmentation:

Segmentation by substrate:

• Polymers
• Glass
• Nanoparticles
• Metals

Segmentation by end-use industries:

• Aerospace
• Automotive
• Medical Devices
• Optics
• Marine

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa