Hydrophilic Coatings Market: Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021
Hydrophilic is defined as a molecule of any solution that mixes well with the water. Scientifically, molecules forming ionic and hydrogen bond with water molecules are known as hydrophilic. The hydrophilic polymers offer resistance to protein combination. These coatings are used to develop superior and specialized regulated parts for a variety of medical devices. Hydrophilic coatings are used in specific UV-cured formulations owing to its properties. They are also applicable in medical devices such as introducer sheaths, cardiovascular and urology catheters, and in temporarily implanted devices. Hydrophilic coatings significantly reduce redundant protein absorption and cellular bond. They are used in the making of biosensors. These coatings are majorly utilized in urology catheters and Foley catheters (named for its designer Frederic Foley). They are also used in the automobile for film sensor, for wiper control, and for protections of the windshield from ice as well as in automation industrial process such as self-cleaning coatings.
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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-user, the global hydrophilic coatings market is further segmented as medical devices, optics, automotive, aerospace, and marine.
Rising applications of hydrophilic coatings for diverse end-users, technological progression, and growing demand for hydrophilic coatings are the some of the factors boosting the growth of the global hydrophilic coatings market. The major end-users of hydrophilic coatings such as medical devices, optics, automotive, aerospace are consequently driving the growth of the hydrophilic coatings market globally. Rise in geriatric population and increasing government investments in various end-user segments are other factors positively impacting the growth of the global market.
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In addition, increased awareness of surgeries in people and technologically improved medical facilities may foster the hydrophilic coatings market growth. Conversely, various protocols issued by the government may hinder the growth of hydrophilic coatings market.
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 U.S., Germany, China, and Japan, the major clients are also seen here. Asia Pacific market is anticipated to witness the highest growth.
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, PolyBioMed (Bayer). Other key players influencing the global market are Surmodics, Alcon, Bausch & Lomb, Teleflex, Abbott Medical Optics, and Hoya Medical.
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Hydrophilic Coatings Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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