Global Antimicrobial CoatingsMarket is expected to reach
USD 8.43 billion by 2025, according to a new report by Grand View Research,
Inc. Increasing concern among professional industry manufactures about cleaning
and to prevent buildings against the growth of bacteria, mold and fungi are
expected to drive the overall market growth.
Recent food poisoning outbreaks coupled with high rates of
hospital-acquired infections had heightened the awareness among people.
Nowadays, people mainly insist on safe and healthy products by offering more
for such goods and services.
Silver based biocides are widely used in medical grade
applications owing to its excellent antimicrobial properties. Recently, a new
U.S. based is othiazolin-based biocide, n-butyl-1,2-benzisothiazolin-3-one is
also used as an antimicrobial agent to prevent the spread of germs. Moreover,
rising demand for implantable medical devices and increasing burden of
cardiovascular diseases is expected to aid the overall market demand over the
next eight years.
However, stringent regulations issued by both U.S. and the
European Union are anticipated to critically affect the industry over the next
eight years. Companies’ products have to be approved and registered with EPA
for their specific requirement in which they are used. Recently, manufacturers
incorporated antimicrobial agents in the bulk material, which is considered a
viable alternative for its application in antibiotics.
Full Research Report On Global Antimicrobial Coatings
Market Analysis:
Further key findings from the report suggest:
- The
global antimicrobial coatings market demand was 372.9 kilotons in 2015 and
is expected to exceed 1 million tons by 2025, growing at a CAGR of 10.4%
from 2016 to 2025
- Mold
remediation is expected to witness the highest CAGR of 11.1% over the
forecast period. The cost involved in remediating a mold-infested building
can be staggering, especially when the building has inferior coatings.
- These
coatings provide long-term protection against growth and spread of
bacteria, mold, and fungi. After Shock is an antimicrobial coating, registered
under EPA which is designed to kill mildew and residual mold.
- Air
conditioning and ventilation segment were accounted for over 25% of
the overall volume in 2015. These products help to deter the growth of
micro-organisms in heating, ventilation and air conditioning systems.
AgION coated materials inhibit the growth of different microbes.
- The
industry is characterized by the presence of multinational companies which
holds the major chunk of the total revenue. Industry participants mainly
include Diamond Vogel, Dow Microbial Control, AkzoNobel N.V and Sherwin
Williams.
View more reports of
this category by Grand View Research at: http://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks
Grand View Research
has segmented the Global Antimicrobial Coatings Market on the basis of product,
application and region:
Product Outlook (Volume, Kilo Tons; Revenue, USD Million,
2014 - 2025)
- Antimicrobial
powder coatings
- Silver
- Copper
- Other
- Surface
modifications and coatings
- E.
Coli
- Listeria
- Pseudomonas
- Others
Application Outlook (Volume, Kilo Tons; Revenue, USD
Million, 2014 - 2025)
- Sanitary
facilities and kitchen
- Air
conditioning and ventilation systems
- Food
processing and packaging
- Antimicrobial
textile
- Mold
remediation
- Construction
- Other
applications
Regional Outlook (Volume, Kilo Tons; Revenue, USD
Million, 2014 - 2025)
- North
America
- U.S.
- Europe
- Germany
- UK
- France
- Asia
Pacific
- China
- India
- Central
& South America
- Middle
East & Africa
View Press Release Of This Report by Grand View Research:
http://www.grandviewresearch.com/press-release/global-antimicrobial-coatings-market
About Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For more Information visit: www.grandviewresearch.com
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