Hydrophilic Coatings Market Report also provides a comprehensive survey of key market players based on the various goals of an organization such as profiling, product outline, quantity of production, raw material required, and financial health of the organization. This report categorizes the production, apparent consumption, export and import of Hydrophilic Coatings from North America, Europe, China, Japan, Southeast Asia and India. This report focuses on Hydrophilic Coatings global, regional and business volume and value. This report represents, from a global perspective, the overall size of the Hydrophilic Coatings market by analyzing historical data and future prospects. This report provides an in-depth study of ” Hydrophilic Coatings market” using SWOT analysis. Stress, weakness, opportunities, and threat to organization. This report analyzes for each manufacturer covered on the global market their production sites, capacity, production, ex-factory price, revenue and market share.
Hydrophilic Coatings Market is expected to rise from its initial estimated value of USD 10.64 billion in 2018 to an estimated value of USD 18.76 billion by 2026, registering a CAGR of 7.35% in the forecast period of 2019-2026. This rise in market value can be attributed to the factors that increase the performance of the products these coatings are applied upon.
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- Biocoat Incorporated
- Harland Medical Systems
- Koninklijke DSM N.V.
- AdvanSource Biomaterials Corp.
- AST Products
- Coatings2Go LLC
- DONTECH INC.
- Henkel AG & Co. KGaA
- Surmodics Inc.
- Precision Coating Company Inc
Key Developments in the Market:
- In January 2017, AdvanSource Biomaterials Corp. announced that they had entered into collaboration with Medibrane. This collaboration is expected to enhance the product offerings and provide the consumers technologically advanced products & services.
- In October 2016, Surmodics Inc. announced that they had launched a new variant of hydrophilic coatings. Known as “Serene Solutions”, these variants are meant to be applied only as a single coating.
Market Drivers & Restraints:
- High demand from the medical devices and growth in the healthcare industry is expected to act as a driver for the market growth
- Lack of durability and shelf life of the product along with high overall cost is expected to act as a restraint to the market growth
- Medical Devices & Equipment
- North America
- South America
- Middle East and Africa
Global hydrophilic coatings market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of hydrophilic coatings market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.