Global Antimicrobial Coatings Industry: Rising Demand from Healthcare Sector to Drive Production, says TMR

The global antimicrobial coatings market is dominated by companies such as Dow Microbial Control, BASF SE, AkzoNobel N.V., Royal DSM N.V., Nippon Paint Co. Ltd., Sherwin-Williams Company, and Arch Lonza. According to Transparency Market Research (TMR), the leading players in the antimicrobial coatings market are AkzoNobel N.V., Dow Microbial Control, and Sherwin-Williams Company, which collectively accounted for 30.5% of the global market in 2012.

The total volume of the global antimicrobial coatings market is expected to reach 387.5 kilo tons by the end of 2016 and further rise to 459.2 kilo tons by the end of 2018.

Download or Get Research Report PDF on Antimicrobial Coatings Industry: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=707

Indoor Air Quality Control to Remain Leading Application of Antimicrobial Coatings

By application, the global antimicrobial coatings market is segmented into indoor air quality, mold remediation, healthcare, construction, antimicrobial textiles, and food. Of these, indoor air quality, mold remediation, and healthcare applications of antimicrobial coatings collectively dominated the global antimicrobial coatings market and are likely to remain the leading revenue generators in the coming years. Indoor air quality leads the global antimicrobial coatings market and is expected to account for 27.9% of the market by the end of 2018.

Geographically, North America is the leading contributor to the global antimicrobial coatings market and is likely to remain in the lead in the coming years, with the region expected to account for 40.1% of the volume of the global market by the end of 2018. “Asia Pacific is another key market for antimicrobial coatings and is exhibiting smooth growth thanks to the booming consumer electronics industry in the region and the steady growth of the healthcare sector, which is resulting in a progressive incorporation of technological advances including antimicrobial coatings,” said TMR’s lead analyst.

Rising Use of Medical Antimicrobial Coatings Crucial for Global Industry

While antimicrobial coatings are a relatively recent development, they have been adopted smoothly in the healthcare sector in most developed countries. Products that come in contact with patients and especially products that are inserted into the patient, such as catheters, are the prime application areas of antimicrobial coatings. The expanding healthcare sector in developing countries is thus a crucial driver for the antimicrobial coatings industry in the coming years.

The increasing demand for indoor air quality devices is another key driver for the global antimicrobial coatings market. Indoor air pollution is becoming a mounting concern in the industrial as well as residential sector, with the construction industry’s smooth growth increasing the potential impact of this factor on the development of the antimicrobial coatings market in the coming years.

Lack of Suitable Textile Coatings Hampers Antimicrobial Coatings Market

One of the prime restraints on the global antimicrobial coatings market is the need for antimicrobial coatings that can be viably used in textiles. While antimicrobial coatings are commonly applied on medical and sports clothing, the bonding between most existing fabrics and antimicrobial coatings is quite loose, which can result in the coatings wearing out. The development of suitable coatings has thus emerged as a key opportunity for leading players in the global antimicrobial coatings market.

Browse Market Research Report with ToC & Free Analysis: http://www.transparencymarketresearch.com/anti-microbial-coating-market.html

Apart from this, the possible side effects of the silver used in many antimicrobial coatings have made consumers wary of antimicrobial coatings. Silver nanoparticles can sometimes have an inhibitory effect on wound healing and can also cause cytotoxicity. Developing silver-free antimicrobial coatings is thus another key opportunity for the industry.

The information in this preview comes from a Transparency Market Research report titled ‘Antimicrobial Coatings Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth And Forecast, 2012 - 2018.’

The global antimicrobial coatings market is segmented as follows:

Antimicrobial coatings Market: Product Segment Analysis
Antimicrobial powder coatings
Silver
Others

Surface modifications and coatings
Coli
Listeria
Pseudomonas
Others

Antimicrobial coatings market, by application
Indoor air quality
Mold remediation
Medical/healthcare
Antimicrobial textiles
Construction
Food
Others Transparency Market Research

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
Visit Blog : http://globalresearchanalysis.blogspot.in/

This release was published on openPR.