Global Hydrophobic Coatings Market is expected to reach USD 15.92 billion by 2025, growing at a CAGR of 6.0% during the forecast period of 2019 to 2026.
Hydrophobic Coatings are the ones that offers super hydrophobic surface which can impart multiple advantages to its coating surface and substrate on which they are applied. These coatings have various advantages such as they may include dirt retention, self-clean ability and higher moisture retention. The hydrophobic coatings are water repellent and hence they prevent corrosion. The major application of these coatings is in marine and automotive industry. Moreover these coatings are also largely used in medical devices and optics.
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Major Key players profiled in this report are:
- Abbott Laboratories Inc.
- Corning Inc.
- Harland Medical Systems Inc
The other players in the market are Surmodics Incorporated, Royal DSM, Biocoat, Inc, Aculon, Inc, Ast Products, Inc., Advansource Biomaterials Corporation, Coatings2go, Surface Solutions Group, LLC, TST Engineered Coating Solutions, Surmodics, Inc., Hemotec AG, Sono-Tek Corporation, Precision Coating Company Incorporated, Biointeractions Ltd, Applied Medical Coatings, LLC, Formacoat, LLC, Medi-Solve Coatings and many more
Major Market Drivers:
- High growth in the medical device market
- Increasing adoption of hydrophobic coatings in several application segments such as building & construction and automotive verticals.
- Various R&D done by the key players
- Low Shelf Life
- High Cost
Table of Contents:
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- Global, By Component
- Product Type
- Industry Type
- Company Landscape
- Company Profiles
- Related Reports
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Segmentation: Global Hydrophobic Coatings Market
By End User
- Medical Devices
- North America
- South America
- Middle East & Africa
The global hydrophobic 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 hydrophobic coatings market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Hydrophobic Coatings report offers a thorough research report that contains an official synopsis, definition, and extent of the market. Specialists have contemplated the chronicled information and contrasted it with the present market circumstance to look through the changes this market will take in the imminent years. Different research approaches have been taken to comprehend the crucial highlights of the market so as to give the readers a total perspective on the worldwide market. The report helps a new entrant to comprehend the essential thought process of the buyers in picking its items.
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