Title: Antimicrobial Coatings Market size worth $7.2 billion by 2024: Global Market Insights, Inc.
1Antimicrobial Coatings Market Size, Share and
Forecast 2016-2024
Antimicrobial Coatings Market size to reach USD
7.2 billion by 2024
Market size USD 2.4 billion in 2015 Market size
Projected USD 7.2 billion by 2024 Gain rate
expected 10 CAGR
2Global Market Scenario of Antimicrobial Coatings
Industry
- Antimicrobial Coatings Market size may reach USD
7.2 billion by 2024 according to a new research
report by Global Market Insights, Inc. - Steady rise for non-toxic medical equipment
demand to counter infection risk from various
microorganisms should drive global antimicrobial
coatings market size. Over 90 of the medical
devices currently make use of pretreatment
products to counter hospital acquired infections
(HAI). - Prevention from microbe growth including
bacteria, parasites, viruses and fungi in order
to reduce infection risk and protect surface area
are key performance metrics for using these
coatings residential commercial buildings,
medical equipment, and automotive surfaces. - U.S. antimicrobial coatings market size generated
sales of over USD 650 million in 2015. Positive
indicators for ready acceptance of health
improving devices coupled with growth in medical
expenditures should drive regional demand.
3Continue.....
- Antimicrobial powder coatings market size
accounted for over 45 of the total share. They
are employed in refrigerators, sterilization
equipment beds in hospitals, kitchenware,
shopping carts, kitchen sinks, food processing
equipment, steel shelving, steel storage
cabinets, escalators and elevators. - These products can be manufactured using active
ingredients such as silver, bronze, copper and
titanium dioxide. Silver being the most common
active ingredient may affect manufacturer profit
margins and impact antimicrobial coatings market
price. -
- The industry is closely monitored due to myriad
applications in food packaging and healthcare
industry. U.S. and EU have imposed strict
regulations for antimicrobial coating use in
hospitals, buildings and institutions to reduce
infection risks.
Latest Research Report On Antimicrobial Coatings
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is/antimicrobial-coatings-market
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5360 Analysis
Product Analysis- Surface modifications
coatings are constantly being developed for
certain surfaces to combat the presence of E.
Coli and other bacteria. This segment generated
revenue of over USD 650 million in 2015.
Performance metrics such as long-term stability
and adhesion properties will stimulate
antimicrobial coatings market demand. Harmful
bacteria thrive on untreated surfaces and when in
close proximity to food production sites can
cause large-scale health problems. E. Coli is one
such bacteria type and has been the bane of
infectious diseases in human beings.
Antimicrobial powder coating market size should
observe 9 growth. Application in medical care,
sanitation, steel furniture industry and domestic
appliances may drive product demand. Silver may
witness significant gains and surpass USD 2
billion by 2024. Rising health hazards of active
silver used may hinder industry growth.
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6Regional Analysis The industry is closely
monitored due to myriad applications in food
packaging and healthcare industry. U.S. and EU
have imposed strict regulations for antimicrobial
coating use in hospitals, buildings and
institutions to reduce infection risks. Asia
Pacific, particularly China and India,
antimicrobial coatings market may achieve over
9.5 growth. Strong construction outlook in
China, Malaysia, India, South Korea, Thailand and
Indonesia may drive regional industry growth.
Growing medical tourism in India, worth over USD
2 billion in 2015, should drive healthcare
devices demand. Mold remediation applications
in Brazil may observe significant gains over 9
CAGR. Improvement in healthcare facilities in
Saudi Arabia, UAE and Qatar along with rise in
construction spending for hotels and other
commercial units may drive growth. Competitive
Analysis Global antimicrobial coatings market
share is fragmented. Major companies include
AzkoNobel, BASF, DuPont, Royal DSM and Dow. Other
key industry participants are Nippon Paint, RPM,
Troy, Sherwin-Williams, Sono-Tek and Arch Lonza.
Industry also includes small scale manufacturers
and suppliers operating regionally. Multiple
distribution channel development may provide
manufacturer better coverage by product sale
through convenience stores, retailers, online
portal, and supermarkets.
7 Latest Research Report On Antimicrobial Coatings
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is/antimicrobial-coatings-market Download
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