The rapid expansion of the construction and building industry will increase demand for paints and coatings, thus driving the market for Hydrophilic Coating. Besides, the rise in the automotive sector would boost demand for products centered on Hydrophilic Coating.

The global Hydrophilic Coating Market is forecasted to reach USD 18.78 Billion by 2027, according to a new report by Reports and Data. Hydrophilic coatings are also ionic in most cases and are usually charged negatively to facilitate aqueous interaction. After being added to a substratum, such items identify a type of material that is wet-able, lubricating, and ideal for tailor-made biological activity, thereby boosting industry production. Medical coating class finds its extensive use in advanced applications such as the delivery of drugs and organic interaction. Chemical contact between drugs and surface finish is not constant and involves testing to represent functional groups, charges, and intensity among respondents.

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Top Leading Players: BioInteractions Inc., Koninklijke DSM, Surface Solution Group, Surmodics, Telefax Inc., Aculon Inc., Applied Medical Coatings, Hydromer Inc., Corning Incorporated, and Surmodics Incorporated, among others.

Further Key Finding from the Report Suggestion:

  • Based on the substrates, nanoparticle substrates generated a revenue of USD 01.82 billion in 2019 and expected to rise with a CAGR of 7.2% in the forecast period attributable to its mechanical, physical, chemical, electrical, and biomedical characteristics, the rapid growth and use of nanotechnology and nanomaterials in device industries.
  • The colloidal silica-based coatings expected to grow with a CAGR of 7.1% in the forecasted period, due to the increasing demand for other alternatives in products, including paints and coatings, fabrics, and pigment, such as silica gels and silica sols.
  • The automotive application is the major contributor to the Hydrophilic Coating Market. The automotive sectors of North America region are the major shareholder of the market and held around 30.0% of the market in the year 2019, owing to the industry's growing usage of coating on rubber, metal, and glass substrates for applying on windshield glass, vehicle mirrors.
  • North America dominated the market for Hydrophilic Coating in 2019. The persistent emphasis of the area on cost-effective and creative methods being implemented in the sector drives the business. North America region held approximately 32.7% of the market, followed by the Asia Pacific, which contains around 28.8% market in the year 2019.

Key Features of Hydrophilic Coating Market:

Hydrophilic coating refers to a thin film coating that has an affinity for water and can improve the wetting ability of the surface. It is used in various applications such as medical devices, automotive, optical, and marine coatings. Some key features of the hydrophilic coating market include:

  1. Increasing demand from the medical industry: The hydrophilic coating is extensively used in the medical industry to improve the biocompatibility and lubricity of medical devices. The rise in demand for minimally invasive surgeries and the increasing aging population is expected to drive the demand for hydrophilic coatings in the medical industry.
  2. Growing automotive industry: The automotive industry is one of the key end-users of hydrophilic coatings. The hydrophilic coating is used to improve the durability, corrosion resistance, and self-cleaning properties of automotive parts. The increasing demand for lightweight and fuel-efficient vehicles is expected to drive the demand for hydrophilic coatings in the automotive industry.
  3. Advancements in technology: The development of new hydrophilic coating technologies and formulations is expected to drive the growth of the hydrophilic coating market. The use of nanotechnology in hydrophilic coatings is expected to improve the performance and durability of the coating.

Download Summary:

The global Hydrophilic Coating market is segmented into:

Substrates Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)

  • Polymers
  • Glass
  • Metal
  • Nanoparticles
  • Others

Type Outlook (Volume, Kilotons; 2017-2027, Revenue, USD Billion; 2017-2027)

  • Resin-Based Coatings
  • Colloidal Silica Based Coatings
  • Sodium Silicate Based Coatings
  • Others

Application Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)

  • Aerospace
  • Automotive
  • Marine
  • Medical devices & equipment
  • Optical
  • Others

Regional Outlook:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Questions Addressed in the Report:

  • What are the dominating factors that are influencing the growth of the industry?
  • In the forecast period, which market segment is expected to rise the most?
  • What are the risks and challenges that the industry is facing?
  • In the coming years, which area is projected to dominate the market?
  • Who are the major players in the market?
  • What kind of strategic business plans have they made?

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