Antimicrobial coatings market 2017 - 2024: Upsurge in healthcare industry coupled with increasing applications scope will drive market share.
Global antimicrobial coatings industry contributed more than 25.1% to medical and healthcare segment for 2015 in terms of size. High end residential and commercial construction projects have witnessed an increase in product application which is aimed at reducing air pollution. The products can be included into producing materials and are utilized in conserving amount of air quality over a long period that can fuel industry expansion.
Silver is the most dominant and active constituent and has substantially affected antimicrobial coatings market price trends. With higher than 60.1% of total revenue share, food packaging is main application for barrier & additive sector that converts into greater avenues for global antimicrobial coatings industry.
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Global antimicrobial coatings market is segmented into medical & healthcare application, indoor air quality application, food application, antimicrobial textile application, mold remediation application and construction.
Indoor air quality application segment produced high sales for 2015. Strict rules in European Union and U.S. have made it compulsory for hospitals and schools to use antimicrobial coatings to minimize the medical infection hazard. This has encouraged new business entrants to invest in the application segment. It is predicted to witness healthy expansion during forecast timeline.
Medical & healthcare application segment can experience substantial gains of more than 9.6%. Increase in amount of medical equipments in U.S hospitals as well as hospitals in European Union can promote product demand. Mold remediation segment can witness biggest gains and produce more than $1.1 billion by end of forecast timeline.
Browse key industry insights spread across 130 pages with 90 market data tables & 12 figures & charts from the report, “Antimicrobial Coatings Market Size By Product (Antimicrobial Powder Coatings [Silver], Surface Modifications and Coatings [E. Coli, Pseudomonas, Listeria), By Application (Indoor Air Quality, Antimicrobial Textiles, Mold Remediation, Construction, Food, Medical & Healthcare), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, Poland, China, India, Japan, South Korea, Indonesia, Malaysia, Thailand, Brazil, South Africa, Saudi Arabia, UAE), Growth Potential, Price Trend, Competitive Market Share & Forecast, 2016 – 2024” in detail along with the table of contents:
Global antimicrobial coatings industry is segmented into North America, LATAM, Asia Pacific, Europe and MEA. U.S antimicrobial coatings market produced heavy sales for 2015. Growing healthcare spending in U.S. owing to enhanced standards of living is predicted to drive regional industry growth.
Key industry players profiled in report include Nippon Paint Company Limited, Dow Microbial Control, DuPont, Troy Corporation, AzkoNobel NV, BASF SE, Royal DSM N.V., Diamond Vogel Paints, Sherwin-Williams Company, Arch Lonza, Sono-Tek Corporation, RPM International Incorporation and AK Coatings Incorporation
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