Hydrophilic Coatings Market- Global Industry Analysis & Growth | 2025
Global Hydrophilic Coatings Market: Snapshot
Hydrophilic
coatings are coatings that exhibit water attracting properties by
participating in hydrogen bonding with water. Hydrophilic coatings are
wettable and lubricious and can be applied to a variety of surfaces and
materials. These coatings are generally ionic and negatively charged
which aides in the formation of hydrogen bonds with water. In medical
devices, hydrophilic coatings are used to create lubricious surfaces
which reduce the trauma and irritation caused by the insertion of a
medical device into the body. Hydrophilic coatings also help prevent
bacterial colonization of the medical device and thus help to reduce the
possibility of infections.
This
211 page report gives readers a comprehensive overview of the
Hydrophilic Coatings Market. Browse through to unlock the hidden
opportunities in this market @
Apart
from the extensive usage in the medical industry, applications of
hydrophilic coatings are also vast in fields such as automotive,
aerospace, and construction. Thriving growth of these industries across
key regional markets is expected to have a significant positive impact
on the global demand for hydrophilic coatings in the next few years.
Transparency
Market Research estimates that the market will exhibit a promising 8.8%
CAGR over the period between 2017 and 2025, rising from a valuation of
at US$481.6 mn in 2016 to US$1,026.6 mn in 2025.
Rising Scope of Use in Construction Sector to Provide Promising Growth Avenues
On
the basis of application, the market for hydrophilic coatings has been
classified in the report into automotive, aerospace, medical devices,
optical, and building construction. Of these, the segments of medical
devices and building construction are presently the key contributors of
revenue to the global market, with the medical devices segment leading
with a large margin in 2016. The medical devices segment is expected to
continue its strong run over the report’s forecast period as well,
chiefly owing to the vast rise in expenditure on high-end medical
devices, rising disposable incomes in emerging economies and the
consecutive rise in demand for better medical and healthcare facilities.
The
application segments of automotive and aerospace, which presently hold
nominal shares in the overall revenue collected by the global
hydrophilic coatings market in 2016, are expanding at promising pace.
These segments are expected to present promising growth opportunities
before the global hydrophilic coatings market over the forecast period
owing to the impending commercialization of several hydrophilic coating
products used for windshields and windows.
Thanks to Well-established Healthcare Sector, North America to Retain Dominance
In
terms of geography, the market for hydrophilic coatings in North
America held the dominant share of over 35% in the global market in
2016. Demand for medical device coatings in North America is estimated
to remain stable by the end of 2025 owing to technological developments
in the recent past, providing vast scope for the development of the
hydrophilic coatings market. Europe was the second-largest market for
hydrophilic coatings in 2016. Europe is the leading consumer of flat
glass products accounting for over a third of the global market. Use of
self-cleaning coatings using hydrophilic constituents has been
commercialized in this region since 2001. However, stringent
governmental regulations and high material & labor costs are likely
to impede growth of this market.
Asia
Pacific is anticipated to witness the expansion of the hydrophilic
coatings market at an excellent pace in the near future. China, Japan,
and South Korea are expected to dominate the demand for hydrophilic
coatings in Asia Pacific. Increasing urbanization and industrialization
in several emerging countries in Asia pacific are expected to boost
demand for hydrophilic coatings in this region.
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Some
of the leading vendors operating in the global hydrophilic coatings
market are Surmodics, Inc., Royal DSM N.V., Hydromer, Inc., AdvanSource
Biomaterials Corp., Covalon Technologies Ltd., BioCoat, Inc., and
Harland Medical Devices.

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