The global hydrophilic coatings market size is expected to reach USD 14.74 billion by 2025, according to a new report by Grand View Research, Inc. Growing demand for hydrophilic coatings in medical and automotive application is expected to complement market growth over the forecast period.
The demand for hydrophilic coatings is high in medical devices and equipment industry as the industry consumes a significant amount of the overall coatings manufactured. The product creates a lubricious surface resulting in the reduction of medical device stiction, thereby aiding the device positioning by reducing the risk of infection. As a result, the demand for the product is expected to grow significantly over the forecast period. The surface wettability of materials plays a key role in ensuring the safety and comfort of the drivers, irrespective of the weather conditions. As a result, the hydrophilic coatings are applied on the windshields and mirrors of the vehicles. In addition, the coating generates a good water run-off which enables its use in the evaporators of automotive systems, driving its demand in automotive industry. The hydrophilic coating market is highly competitive on account of low product differentiation. The major players in the market including Biocoat Inc., Aculon Inc., Harland Medical Systems Inc. and Surmodics Incorporated are constantly undergoing strategic alliances and diverse product innovations to gain market share. Full Research Report On Global Hydrophilic Coatings Market By Grand View Research: www.grandviewresearch.com/industry-analysis/hydrophilic-coatings-market Further key findings from the report suggest:
www.grandviewresearch.com/industry/paints-coatings-and-printing-inks Grand View Research has segmented the hydrophilic coatings market on the basis of substrate, application and region: Hydrophilic Coatings Substrate Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)
www.grandviewresearch.com/press-release/global-hydrophilic-coatings-market About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. For More Information: www.grandviewresearch.com
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