NEW YORK, March 24, 2022 /PRNewswire/ -- As per Zion Market Research study, Hydrophilic Coating Market industry accumulated revenue worth about US$ 12.85 billion in 2021 and is slated to amass ROI about US$ 18.59 billion by 2028. In addition to this, Hydrophilic Coating Market is prognosis to record CAGR of almost 5.8% in 2022-2028. Apparently, expansion of hydrophilic coating market over forecasting years can be credited to large-scale use of hydrophilic coating in medical equipment, marine, optics, aerospace, and optics industries. Furthermore, massive utility of hydrophilic coating in producing medical equipment will steer hydrophilic coating market demand. Apparently, escalating need for reducing friction of surface of device as well as necessity of minimizing corrosion will embellish size of hydrophilic coating industry. In addition to this, rise in number of hospitals & clinics across globe will prop up progression of hydrophilic coating industry over ensuing years.
Zion Market Research published the latest report titled as"Hydrophilic Coating Market- By Substrate Type (Metals, Polymers, Glass/Ceramics, and Nanoparticles) and By Application (Medical Devices, Optics, Automotive, Aerospace, and Marine): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2022-2028."into their research database.
Hydrophilic Coating Market: Overview
Hydrophilic coating is a wettable coating used for surface friction reduction along with enhancing lubricity for medical equipment. Moreover, it helps in minimizing occurrence of inflammation caused in patients due to medical equipment usage. Apparently, hydrophilic coating is applied to cannulas, guide wires, and catheters. Furthermore, these products demonstrate water attracting features. Reportedly, these coatings react with water and produces hydrogel that is lubricious as well as wettable & fit to be used in biological interventions. These hydrophilic coatings are utilized in optical equipment including camera windows, outdoor displays, and outdoor surveillance. They are used in vehicle components such as rear-view mirrors and glazing mirrors due to its anti-fog features. For the record, in fourth half of 2016, Surmodics, Inc. introduced an array of hydrophilic coatings referred as serene coatings.
Get a Free Sample Report with All Related Graphs & Charts (with COVID 19 Impact Analysis): https://www.zionmarketresearch.com/sample/hydrophilic-coating-market
Our Free Sample Report Includes:
- 2022 Updated Report Introduction, Overview, and In-depth industry analysis
- COVID-19 Pandemic Outbreak Impact Analysis Included
- 214 + Pages Research Report (Inclusion of Updated Research)
- Provide Chapter-wise guidance on Request
- 2022 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
- Includes Updated List of tables & figures
- Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
- Zion Market Research methodology
Industry Dynamics:
Hydrophilic Coating Market: Growth Dynamics
Growth of hydrophilic coating market over forecast timespan is subject to large-scale use of these products in marine, medical equipment, aerospace, optics, and automotive industries. In addition to this, new product launches and expansion of production capacities will define hydrophilic coating industry surge. Apparently, technological breakthroughs and penetration of product in Asia Pacific region will steer expansion of size of hydrophilic coating industry. Thriving healthcare sector is predicted to generate new growth avenues for hydrophilic coating industry. Nonetheless, huge production costs and reduced shelf life is likely to put brakes on hydrophilic coating market expansion.
With vehicle manufacturers trying to improve safety & performance of automotive, the market for hydrophilic coating is anticipated to gain traction over ensuing years. Humungous product demand in medical applications and rise in number of customers in emerging economies will proliferate scope of growth of hydrophilic coating market in ensuing years.
Directly Purchase a Copy of the Report @ https://www.zionmarketresearch.com/buynow/su/hydrophilic-coating-market
Polymers Segment To Account Majorly Towards Overall Market Share By 2028
Growth of polymers segment over forecast timespan is subject to beneficial feature of hydrophilic polymers of offering resistance to protein absorption. In addition to this, polymers have covalent bond & are cross-linked and it promotes water particle absorption.
Medical Device Segment To Dominate Application Landscape Over 2022-2028
The segmental expansion over next six years can be attributed to rise in application of hydrophilic coatings on medical equipment. In addition to this, Japan is largest producer of medical equipment and hence has huge demand for hydrophilic coatings. Giant firms have set their bases in countries such as China as they view the country as a potential hub for manufacturing & selling hydrophilic coatings as it is viewed as a big market for medical equipment production & sales. All these aforementioned factors will boost growth of segment.
Get More Insight before Buying @: https://www.zionmarketresearch.com/inquiry/hydrophilic-coating-market
List of Key Players of Hydrophilic Coating Market:
- Henniker Plasma
- Dontech Inc.
- Teleflex Incorporated
- BioInteractions Ltd
- Aculon Inc.
- Pangolin Medical
- Surface Solutions Group LLC
- SurmodicsInc.
- Koninklijke DSM N.V.
- Henkel AG & Co. KGaA
- Harland Medical Systems.
Key Industry Insights & Finding of the Hydrophilic Coating Market Reports:
- As per the analysis shared by our research analyst, the Hydrophilic Coating Market is expected to grow annually at a CAGR of around 5.8% (2022-2028).
- Through the primary research, it was established that the Hydrophilic Coating Market was valued approximately USD 12.85 billion in 2021 and is projected to reach to roughly USD 18.59 billion by 2028.
- Growing use of new techniques in healthcare activities have culminated into huge requirement of hydrophobic coatings of medical equipment, thereby driving regional market trends.
Key questions answered in this report:
- What are the growth rate forecast and market size for Hydrophilic Coating Market?
- What are the key driving factors propelling the Hydrophilic Coating Market forward?
- What are the most important companies in the Hydrophilic Coating Market Industry?
- What segments does the Hydrophilic Coating Market cover?
- How can I receive a free copy of the Hydrophilic Coating Market sample report and company profiles?
Report Scope:
Report Attribute | Details |
Market size value in 2021 | USD 12.85 Billion |
Revenue forecast in 2028 | USD 18.59 Billion |
Growth Rate | CAGR of almost 5.8% 2022-2028 |
Base Year | 2020 |
Historic Years | 2016 - 2021 |
Forecast Years | 2022 - 2028 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2022 to 2028 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
Companies Covered | Henniker Plasma, Dontech, Inc., Teleflex Incorporated, BioInteractions Ltd, Aculon, Inc., Pangolin Medical, Surface Solutions Group, LLC, Surmodics, Inc., Koninklijke DSM N.V., Henkel AG & Co. KGaA, and Harland Medical Systems. |
Report Coverage | Market growth drivers, restraints, opportunities, Porter's five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Customization Scope | Avail customized purchase options to meet your exact research needs. https://www.zionmarketresearch.com/custom/1203 |
Free Brochure: https://www.zionmarketresearch.com/requestbrochure/hydrophilic-coating-market
Regional Dominance:
North American Market To Witness Skyrocket Growth Over 2022-2028
Growth of hydrophilic coating market in North America over forecasting years can be credited to rise in product demand in healthcare sector in countries such as the U.S. In addition to this, product innovations made by manufacturers in the country will further contribute to regional market surge. Apparently, growing use of new techniques in healthcare activities have culminated into huge requirement of hydrophobic coatings of medical equipment, thereby driving regional market trends.
Global Hydrophilic Coating Market is segmented as follows:
Hydrophilic Coating Market: By Substrate Type Outlook (2022-2028)
- Metals
- Polymers
- Glass/Ceramics
- Nanoparticles
Hydrophilic Coating Market: By Application Outlook (2022-2028)
- Medical Devices
- Optics
- Automotive
- Aerospace
- Marine
Hydrophilic Coating Market: By Region Outlook (2022-2028)
North America
- The U.S.
- Canada
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Press Release For Hydrophilic Coating Market: https://www.zionmarketresearch.com/news/hydrophilic-coating-market-to-record-noteworthy-growth-through
Browse Other Related Research Reports from Zion Market Research
- Terrazzo Flooring Market: The global terrazzo flooring market was valued at around $26372 million in 2021 and is projected to reach $4077.7 million by 2028 with a healthy CAGR of 5% over the forecast years.
- Nepheline Market: The global nepheline market was valued at $176 million in 2021 and is anticipated to surpass $198 million by the end of 2028. The market is projected to grow with a considerable CAGR of 2.3 % during the forecast period.
- Waterproofing Membranes Market: The global waterproofing membranes market was worth around USD 34.9 billion in 2021 and is estimated to grow to about USD 40.2 billion by 2028, with a compound annual growth rate (CAGR) of approximately 5.4 percent over the forecast period.
Browse through Zion Market Research's coverage of the Global Chemical & Materials Industry
Follow Us on LinkedIn: https://www.linkedin.com/company/zion-market-research/
Follow Us on Twitter: https://twitter.com/zion_research
Follow Us on Facebook: https://www.facebook.com/zionmarketresearch/
About Us
Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us-after all-if you do well, a little of the light shines on us.
Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com/
Blog - https://zmrblog.com/
Logo: https://mma.prnewswire.com/media/1605489/Zion_Market_Research_Logo.jpg
