Hydrophilic Coatings Market 2017 Share, Trend and Forecast Hydrophilic Coatings Market - Global Industry Anal

Hydrophilic Coatings Market - Global Industry
Analysis, Size, Share, Growth, Trends and
Forecast 2017 - 2025
Global Hydrophilic Coatings Market: Snapshot
Hydrophilic coatings are coatings that exhibit water attracting properties by
participating in hydrogen bonding with water. Hydrophilic coatings are wettable and
lubricious and can be applied to a variety of surfaces and materials. These coatings
are generally ionic and negatively charged which aides in the formation of hydrogen
bonds with water. In medical devices, hydrophilic coatings are used to create
lubricious surfaces which reduce the trauma and irritation caused by the insertion of
a medical device into the body. Hydrophilic coatings also help prevent bacterial
colonization of the medical device and thus help to reduce the possibility of
infections.
Apart from the extensive usage in the medical industry, applications of hydrophilic
coatings are also vast in fields such as automotive, aerospace, and construction.
Thriving growth of these industries across key regional markets is expected to have
a significant positive impact on the global demand for hydrophilic coatings in the
next few years.
Transparency Market Research estimates that the market will exhibit a promising
8.8% CAGR over the period between 2017 and 2025, rising from a valuation of at
US$481.6 mn in 2016 to US$1,026.6 mn in 2025.
View Report @ http://www.transparencymarketresearch.com/hydrophilic-
coatings-market.html
Rising Scope of Use in Construction Sector to Provide Promising Growth
Avenues
On the basis of application, the market for hydrophilic coatings has been classified
in the report into automotive, aerospace, medical devices, optical, and building
construction. Of these, the segments of medical devices and building construction
are presently the key contributors of revenue to the global market, with the medical
devices segment leading with a large margin in 2016. The medical devices segment
is expected to continue its strong run over the report’s forecast period as well,
chiefly owing to the vast rise in expenditure on high-end medical devices, rising