Hydrophilic Coatings Market: Industry Perspective, Comprehensive Analysis and Forecast, 2015 - 2021
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A molecule of any solution that mixes well with water is said to be hydrophilic. To be more scientific, the molecules that form ionic and hydrogen bond with water molecules are said to be as hydrophilic; they are resistant to the protein combination. Hydrophilic coatings are used in different medical devices and in specific UV-cured formulations due to its properties. Some of the medical devices where they are used include cardiovascular and urology catheters, introducer sheaths, and in temporarily implanted devices. The redundant protein absorption and cellular bond are reduced significantly by using hydrophilic coatings. Hydrophilic coatings are used in the making of the biosensors; in automobiles for film sensor, for the windshield to protect them from ice, and for wiper control. They are also used in automation industrial processes such as self-cleaning coatings and are used in urology catheters and Foley catheters.
Some of the factors that have led to the growth of the hydrophilic coatings market are its rising demand, technological progression, various applications of the hydrophilic coatings for varied end-users. The hydrophilic coatings market is growing globally majorly because of the end-users such as medical devices, automotive, aerospace, optics, and others. Rising geriatric population and increasing investments by government in the different end-user segments are some other reasons that are positively impacting the growth of the market. Conversely, various protocols issued by the government can hamper the growth of hydrophilic coatings market.
The hydrophilic market is segmented on the basis of applications, substrate, and end-user. On the basis of types of applications, the global hydrophilic coatings market is segmented as medical devices, consumer goods, industrial applications, display applications, and optical treatment. Based on the substrate, the global market is segmented as polymers, glass/ceramics, metals, and nanoparticles. On the basis of end-users, the global hydrophilic coatings market is further segmented as medical devices, optics, automotive, aerospace, and marine.
North America is estimated as the largest market for hydrophilic coatings market. The European market is anticipated to experience slight growth followed by North America. As the main hubs of medical industries are based in nations such as the USA, Germany, China, and Japan, the major clients are also seen here. Asia Pacific market is anticipated to witness the highest growth in future.
Some of the major players dominating the global hydrophilic coatings market are Aculon Inc., AST Products, Biocoat, Advansource Biomaterials, Coatings2Go, Harland Medical Systems, DSM, Hydromer, Surface Solutions Group, and PolyBioMed (Bayer). Other key players influencing the global market are Surmodics, Alcon, Bausch & Lomb, Teleflex, Abbott Medical Optics, and Hoya Medical.
Hydrophilic Coatings Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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