Hydrophilic Coatings Market Size is Projected to Reach USD 14.74 billion by 2025: Radiant Insights, Inc
“ Asia Pacific is expected to be the fastest-growing market, growing at a CAGR of over 6 % from 2016 to 2025.”
The global hydrophilic coatings market size is projected to reach USD 14.74 billion by 2025, according to a new report by Grand View Research, Inc. The demand for the product is expected to grow significantly over the forecast period, driven by the rising application scope in industries including automotive, medical, optical and aerospace.
Rising development of medical infrastructure in developing economies in Asia Pacific is expected to drive the demand for the compound over the forecast period. The rising consumer spending capacity, along with growing geriatric population in developed countries, is expected to augment the demand for improved medical facilities and practices. In addition, increasing demand for vehicles and rising penetration of the product in other end-use industries such as aerospace and marine are expected to have a positive impact on growth.
View Full Report with TOC @ http:// www. radiantinsights. com / research / hydrophiliccoatings-market
Growing consumer awareness regarding the diversified characteristics of hydrophilic coatings, including durability, low friction coefficient and low particulate count, is expected to aid market
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