Technological Advancements to Influence Anti-Microbial Nanocoatings Market Growth 2015 - 2025
Bacterial infection that are caused due to medical devices, accounts for a major number of deaths and diseases that leads to high medical costs. To overcome these issues, various strategies have now come into practice to reduce the medical devices incidents. The application of antimicrobial agents as surface coatings or incorporation of antimicrobial agents in a bulk material is considered to be feasible alternative for application of antibiotics. Antimicrobial nanocoatings have wide scope and applications in the medical, healthcare, packaging and food manufacturing, electronics, building and construction, automotive and end user industries among others.
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The factors such as growing automotive industry and increasing demand for antimicrobial coatings from the medical industry coupled with rising environmental benefits are expected to drive the anti-microbial nanocoatings market. Huge demand from the medical, water treatment, healthcare and food packaging sector accounted for increasing demand for anti-microbial nanocoatings in the market. The largest end user of the anti-microbial nanocoatingsincludes medical and healthcare sector as these coatings are used on a large scale in medical devices and implants. Automotive industries is expected to be the second largest market for anti-microbial nanocoatings and are expected to experience significant growth as that of the medical and healthcare sector, in the near future.
The restraining factors for the market are the health and environmental concerns that are associated with the nanocoatings market. However, growing demand for smart coatings in the market and increasing demand for nanocoatings in the automotive and electronics industry is expected to open opportunities for the anti-microbial nanocoatings market.Cosmetic industry is expected to show strong market potential for temporary, functional and decorative coatings.
The key segments for anti-microbial coatings include the North America, Asia Pacific, Europe and Rest of the World (RoW).North America is expected to dominate the global nanocoatings market. Owing to the growing healthcare and medical industry, Europe accounts for second largest economy to capture the market. Asia Pacific is the fastest growing region in the near future, owing to increasing number of automotive and electronic industries in China and India.
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The key market players profiled in the anti-microbial nanocoatings market include: Buhler Partec GmbH, Bio-Gate AG, Eikos Inc., CimaNanoTechInc, Integran Technologies Inc., Inframat Corporation, Nanogate AG, Nanofilm Ltd., Nanovere Technologies LLC, Nanophase Technologies Corporation, P2i Ltd and more. A growing opportunity for upstream suppliers is expected who can provide/ supply innovative nanotechnology coatings. Growth opportunities are also experienced for coatings manufacturers that may partner with the technology providers to tender wide range of solutions afforded by nanoscale.
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