Hydrophilic Coatings Market Size, Share, Report, Analysis, Trends & Forecast to 2023

According to Stratistics MRC, the Hydrophilic Coatings market is expected to grow from $9.69 billion in 2016 to reach $15.04 billion by 2023 with a CAGR of 7.6%.

There has been rapid growth in the application of Hydrophillic Coating in the medical, automotive, aerospace and optical applications. These favorable applications in the market scenario are expected to drive the market. Moreover, with the properties like low friction coefficient, durability etc., and the coatings market is expected to grow its base in medical sector and find its future opportunities.

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Medical devices segment is estimated to dominate the market revenue among applications owing to thriving penetration of product among the medical device manufacturing. In addition to that polymers accounted for largest market share in substrate segment on account of its varied industry applications. Regionally, North America is estimated to command largest market share due to growing geriatric population. However, Asia Pacific is estimated to grow at highest CAGR due to vast growth in manufacturing of medical devices.

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Some of the key players in the Hydrophilic Coatings market include Abbott Laboratories Inc., Aculon, Inc., Advansource Biomaterials Corporation, Ast Products, Inc., Biocoat, Inc., BioInteractions Ltd, Corning Inc., DONTECH, INC., Harland Medical Systems Inc., Henkel AG & Co. KGaA, Henniker Plasma, Hydromer, Koninklijke DSM N.V., Pangolin Medical, Royal DSM, Surface Solutions Group, LLC, Surmodics, Inc. and Teleflex Incorporated.

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Applications Covered:
• Aerospace
• Automotive
• Marine
• Medical Devices
• Optical Devices
• Other Applications

Substrates Covered:
• Glass/ Ceramics
o Borosilicate Glass
o Porcelain
• Metals
o Aluminium
o Nickel
o Platinum
o Stainless Steel
o Titanium
o Zinc
• Nanoparticles
• Polymers
o Kevlar
o Nylon
o Polyamides
o Polycarbonate
o Polyesters
o Polysiloxanes

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Organization: Stratistics Market Research Consulting Pvt Ltd
Website: http://www.strategymrc.com/

Release ID: 218386