Hydrophilic Coatings Market

Global Hydrophilic Coatings Market is valued at USD 12.37 Billion in 2021 and is expected to reach USD 18.85 Billion by 2028 with a CAGR of 6.2% over the forecast period.

Global Hydrophilic Coatings Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2028- Increasing ddemand from medical device and building construction sectors and rising demand for lightweight materials in the automotive industry are some of the major factors expected to accelerate the growth of Global Hydrophilic Coatings market.

Scope of Global Hydrophilic Coatings Market Report-

Hydrophilic coatings readily spread water around the object when exposed to moisture, thus enhancing its lubricity and significantly reducing surface friction. Manufacturers can make a surface of a material hydrophilic by plasma coating. The easiest way to make a surface temporarily hydrophilic is using plasma activation. This high surface energy condition is temporary due to the water vapor or humidity in the air. Currently, hydrophilic coatings can distinguish between purposeful and nonfunctional devices, especially in the medical field. With the use of hydrophilic coatings, the surface properties and technology consistency of the medical device can be achieved. Manufacturers can make a surface permanently hydrophilic by plasma coating with polyacrylic acid or vinyl acetate acid as the plasma feed stock. This is an option for manufacturing in certain applications.

Covid-19 has also impacted the growth of the hydrophilic coatings market owing to the disturbance in the supply chain network which affected the raw material supply, production, and manufacturing of the hydrophilic coatings industry.

The hydrophilic coatings market is segmented based on substrate, end-user and geography. Based on substrate, the hydrophilic coatings market is segmented into powder polymers, glass/ceramics, metals, nanoparticles and others. Based on end user, the hydrophilic coatings market is segmented into medical devices, optics, automotive, aerospace, marine and others. 

The regions covered in this Hydrophilic Coatings market report are Asia-Pacific, North America, Europe, and the Rest of the World. Based on a country level, the market of Hydrophilic Coatings is subdivided into the U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, Southeast Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.

Key Players for Hydrophilic Coatings Market Report–

• 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
• Harland Medical Systems
• Others

Global Hydrophilic Coatings Market Segmentation:

By Substrate

Polymers

Glass/Ceramics

Metals

Nanoparticles

Others

By End-User

Medical Devices

Optics

Automotive

Aerospace

Marine

Others 

Global Hydrophilic Coatings Market Dynamics–

The use of coating on polymer, metal and glass layers is high in the automotive industry. Increasing growth of automotive industry is supplementing the market growth. For example; China is the world’s largest producer of vehicles, manufacturing over 21 million cars and 4.36 million commercial vehicles in 2019. Passenger vehicle sales in the largest car markets in the world contracted by around 4% in 2019. Combined worldwide car sales of 65.5 million vehicles were the lowest number in four years.  In addition, in the recent years, the increasing urban population is changing the perspective of standard of lifestyle. Similarly, increased overall vehicle demand, aging vehicles, environmental concerns, and increased infrastructure these are some factors that are supplementing the demand of hydrophilic coatings in automotive industries. Additionally, hydrophilic coating are applied on the several part in automotive like, automobile display devices, heads up displays, rooftop windows, interior lighting, interior decorative parts, onboard cameras and sensors and headlights, fog lights & rear headlights. 

Its increasing application in the medical sector is also supplementing the demand for hydrophilic coatings. Hydrophilic coating technologies make polymeric devices susceptible to fluids by grafting polymers into covalent bonds to create water-attracting surfaces. The lubricity and water retention characteristics reduce the force required to manipulate intravascular medical devices during interventional procedures. Hydrophilic coatings have expanded the range of treatment sites for procedures such as balloon catheter angioplasty, neurological interventions, lesion crossing, and site-delivered drug therapies while reducing thrombogenicity. Reduced friction between therapy and support catheters has improved outcomes and reduced procedure time and cost.

However, the development of cheaper equipment for coatings might further create obstructions for the growth of the hydrophilic Coatings market. In spite of that, the emergence of new technologies in this field will create more opportunities for the further growth of the global hydrophilic coatings market. 

News- 

Surmodics Acquired Thrombectomy Technology Assets from Embolitech, Strengthening Peripheral Vascular Whole-Product Solutions Portfolio 

On September 17th, 2019; Surmodics, Inc. a leading provider of medical device and in vitro diagnostic technologies to the healthcare industry, announced it has reached an agreement with Embolitech to acquire an innovative thrombectomy platform technology and related intellectual property with broad potential peripheral vascular applications. The company  design, development, hydrophilic coating technology and manufacturing capabilities will advance innovative platform technology.

Global Hydrophilic Coatings Market Regional Analysis -

Asia Pacific market for hydrophilic coatings is expected to foster by the rising demand for building and infrastructure and automotive industry. Rapid industrialization and urbanization in the region, improvements in public infrastructure, growing demand for consumer goods such as China, India and South Korea are factors that are expected to have a positive impact on market growth over the forecast period. For example; According to data published by the United Nations Statistics Division, China accounted for 28.7 percent of global manufacturing output in 2019. In the Asia pacific, India is a major country that highly manufactured, increasing construction industry and automotive sector that highly propagated manufacturing plants. 

Europe is expected to show a significant growth in the global hydrophilic coatings market owing to the increasing consumption and growing investment in this field. Germany dominates this area, which is the focal point of the automotive industry, due to the increasing demand in the market to prevent various automotive components from friction and damage and repair.

On Special Requirement Hydrophilic Coatings Market Report is also available for the below Regions and Country:

North America

• U.S.
• Canada

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Switzerland
• Belgium
• Rest of Europe

Asia-Pacific

• South Korea
• Japan
• China
• India
• Australia
• Philippines
• Singapore
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Colombia
• Brazil
• Argentina
• Peru
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Report Analysis	Details
Historical data	2018 - 2021
Forecast Period	2022 - 2028
Market Size in 2021:	USD 12.37 Billion
Base year considered	2021
Forecast Period CAGR %:	6.2%
Market Size Expected in 2028:	USD 18.85 Billion
Tables, Charts & Figures:	175
Pages	200
Hydrophilic Coatings Companies	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 and others.
Segments Covered	By Substrate, By End-User
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa

Key Benefits of Global Hydrophilic Coatings Market Report–

• Global Hydrophilic Coatings market report covers in-depth historical and forecasts analysis.
• Global Hydrophilic Coatings market research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
• Global Hydrophilic Coatings market report helps to identify opportunities in the marketplace.
• Global Hydrophilic Coatings market report covers extensive analysis of emerging trends and competitive landscape.