Press release
Antibacterial Glass Market manufacturers & industry share 2016–2023
Global Market Insights has a new study based report titled " Antibacterial Glass Market Size, By Application (Hospitals, Food & Beverage, Military Equipment, Household/Residential), By Active Ingredient (Silver), Industry Analysis Report, Regional Outlook, Price Trends, Growth Potential, Competitive Market Share & Forecast, 2016 – 2023".
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The report offers all-inclusive analysis of:
1 Market structure
2 Factors restraining market growth
3 Market growth drivers
4 Opportunities and challenges
5 Market estimations and forecast for projected period
Antibacterial glass market size from hospitals segment was valued more than USD 60 million in 2015. Burn units, isolation rooms, oncology and hematology units are notable adoption areas. New entrants in the industry will target hospitals as the favored end user industry owing to high demand estimations. Household applications will witness handsome growth as it finds adoption on a wide variety of surfaces including wall coverings, vision glazing and mirrors. Such innovative solutions can be used to maintain a sterile environment is for instance in hotels and hospitals.
Food & beverage segment will witness a growth of over 7% over forecast timeframe. Rising demand for storing and packaging food products for longer periods of time will stimulate the antibacterial glass market share by 2023. Growing number of food displays, canteens, restaurants to maintain quality will positively impact the industry landscape.
The Antibacterial Glass Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. Antibacterial Glass Market Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2016 - 2024
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
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https://www.gminsights.com/industry-analysis/antibacterial-glass-market-report
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends
4. Antibacterial Glass Market Product Insights
5. Antibacterial Glass Market Application Insights
The global revenue generated from healthcare application is expected to witness growth at over 7% CAGR by 2023. Increasing adoption and implementation of antimicrobial products in oncology units, burn units and hematology units, as they require sanitation is expected to positively encourage the antibacterial glass market during forecast period. Food and beverage for 2015 was over USD 20 million. Growing antimicrobial packaging demand to store food for longer period will stimulate the business growth. Increasing adoption in restaurants and canteens to maintain the food quality may also responsible to positively influence industry growth.
6. Antibacterial Glass Market Regional Insights
U.S. antibacterial glass market share is expected to witness growth over 6% CAGR over forecast timeframe. Increasing focus towards hospital sector is expected to drive the industry growth.
Europe is expected to reach USD 150 million by 2023.Introduction of various standards including EN 1650, EN 13697 and EN 1276 in food industry to evaluate the fungicidal and bactericidal properties of chemical disinfectants may propel the antibacterial glass market size. Presence of major companies in this region is also expected to influence the business growth.
Rising consumer awareness regarding health benefits of functional food, growing needs of aging society and government intervention to promote better nutritional practice will drive the Asia Pacific antibacterial glass market share. It has been analyzed that in Australia approximately 44.2% of population regularly consume supplements, minerals or vitamins from most widely consumed brands including Nature’s Own, Blackmores and Berocca.
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7. Competitor Profiles
Key players in the antibacterial glass market are Corning, AGC, Essex, Saint-Gobain, Glas Trösch Holding, Morley, Beijing JiYan-Tech,NSG, Sprinz, Vetraria Bergamasca Tecnovetro, BÜFA Glas, Archello, Ishizuka and Sprinz.
Companies are focusing towards research and development sector to enhance its technical expertise of producing products and improve the manufacturing processes. AGC has introduced antibacterial glass for various application including health spas, hospitals, pharmacies. This product has ability to destroy 99.9% of bacteria that forms on surface and prevent the spread of microbial germs i.e. fungi.
About Global Market Insights, Inc.:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com/
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