Hydrophilic Coatings Market, by End-Use Industry (Healthcare, Automotive, Aerospace, Marine, Optics, and Others), by Substrate (Polymers, Glass, Metal, Nanoparticles, and Others), and Region (North America, Europe, Asia-Pacific, Latin America, Africa, Middle East)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Hydrophilic coatings exhibit water attracting properties by forming hydrogen bond with water and is extensively applied to a variety of surfaces and materials, which are used in medical devices, optics, and automotive industries. These coatings are ionic in nature and have negative charge, which supports the hydrogen bonding with water. Furthermore, hydrophilic coatings on the surfaces of medical devices, produces hydrogel material having wettable and lubricious texture, which reduces the irritation caused by the insertion of a medical device into the patient body.
Market Dynamics
The wide penetration of hydrophilic coatings in the various end-use industries including healthcare, optics, aerospace, marine, and automotive is fuelling the growth of global hydrophilic market. The rising demand for hydrophilic coatings, as an anti-fog agent from the automotive industry, is driving the growth of hydrophilic coatings market, due to the extensive use of these coatings in the automotive parts, such as body for glazing and rear-view mirrors, owing to its anti-fogging property.
North America dominated the hydrophilic coatings market in 2016. This is majorly due to the increasing application of these coatings in the automobile parts. In addition to this, the steadily rising automotive industry in the region and technologically advanced medical facilities are propelling the growth of hydrophilic coatings market in North America.
Asia Pacific is expected to project the fastest growth in the global hydrophilic coatings market during the forecast period. The rapidly growing geriatric population in the region is considered as the major factor, supporting the growth of these coatings in the medical devices. Furthermore, the substantial rise in the income of middle-class population is considered as another factor contributing to the growth of this market.
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