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Antibacterial Glass Materials Market Size, Share, Analysis, Industry Report and Forecast 2021-2029
Antibacterial Glass Materials Market
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Segments-
By active ingredients, the market is segmented into silver, zinc, titanium, copper, silicon, and others. On the basis of application, the market is segregated into hospitals, clinics, food beverages, military, cleanrooms, and others. Finally, by geography, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
What does the Report Include?
The report offers a comprehensive assessment of the industry for the projection period. The report includes several sections and an analysis of the antibacterial glass material's major trends and determinants. The market's inherent elements are the drivers and restrictions, while the market's extrinsic aspects are the opportunities and challenges. The Global Antibacterial Glass Market report forecasts the market's revenue growth throughout the forecast period.
Drivers & Restraints-
Increasing Demand from F&B Sector to Augment Growth
The increasing demand for antibacterial glass to sanitize machines used in food & beverage is expected to boost the global antibacterial glass material market growth during the forecast period. Manufacturers in the food and beverage industry promote the use of antibacterial glass on food handling to reduce bacterial growth and improve the storage life of their products. Moreover, including the growing use of antibacterial glass in electronic products like smartphones and laptops and substantial research and development (R&D) operations, are expected to fuel the market even more.
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REGIONAL INSIGHTS
Europe to Remain Dominant; Increasing Demand in Healthcare Segment to Propel Growth
Europe is expected to hold the largest global antibacterial glass material market share during the forecast period. The rise is due to the stringent rules imposed on manufacturing plants and hospitals.
Asia Pacific is anticipated to hold a significant position in the market. This is due to increased demand from the healthcare industry for antibacterial glass material in the region. According to the World Health Organization (WHO), hospital-acquired infections (HAIs) affect roughly 10% of hospitalized patients in developing nations like China and India.
Competitive Landscape-
Key Players Focus on Partnerships to Strengthen their Market Position
The antibacterial glass material industry is characterized by a smaller number of producers and a smaller number of competitors along the value chain. The majority of the players tailor their products to a specific country or region. Serving all of the regional markets involves a smaller number of participants. Partnerships or joint ventures for the creation of new products are expected to present a wide range of opportunities.
Industry Development-
May 2020: Antibacterial glass with silver ions inside has been introduced by AGC Glass Europe for a variety of applications, including hospitals, health spas, and pharmacies. This solution has the power to kill 99.9% of bacteria that grow on surfaces and prevent pathogenic germs from spreading.
List of Key Players Profiled in the Global Market for Antibacterial Glass Material:
ACG Inc.
Kasstus
Morley Glass & Glazing Ltd.
Smartglass Internantional Limited
Saint-Gobain
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