growth for the coatings in the medical industry . As a result , the demand for the product is expected to rise over the next nine years .
Further key findings from the report suggest :
Polymers accounted for the largest market in 2015 , which was valued at over USD 3 billion in 2015 . The increasing utilization of polymers in manufacturing automotive parts and medical equipment , including catheters and guidewires , is expected to drive the industry demand .
The utilization of hydrophilic coatings for metal and glass substrates is expected to grow owing to the increasing application of the metal in end-use industries , including aerospace and automotive . The increasing utilization of glass substrates in construction and automotive industries is expected to aid market growth over the forecast period .
Related reports by Radiant Insights : http :// www . radiantinsights . com / catalog / automotive
The demand for hydrophilic coatings in medical devices & equipment is expected to witness significant growth owing to the increasing application in catheters , guidewires and other medical devices .
Asia Pacific is expected to be the fastest-growing market , growing at a CAGR of over 6 % from 2016 to 2025 . Increasing production of medical devices in the region , coupled with rising investments in medical infrastructure expansion , is expected to propel demand .
High production volume in China and Japan is expected to drive industry growth for the coatings over the next nine years . The rising number of infrastructure development projects and the growing manufacturing industry are expected to aid the growth for the product in India .
Table of Contents
Chapter 1 . Methodology and Scope 1.1 . Research Methodology 1.2 . Research Scope & Assumptions 1.3 . List of Data Sources 1.4 . List of Abbreviations
Chapter 2 . Executive Summary 2.1 . Market Snapshot
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