Reportocean.com “Global Antimicrobial Coatings Market” research report has been added to its Research Database.
Antimicrobial Coatings Market, [By Raw Material (Inorganic, Organic, and Others), By Product Type (Escherichia Coli, Pseudomonas, Listeria, and Others), By End-use (HVAC, Food industry, Construction, Mold Remediation, Medical and Others), By Regions]: Market size & forecast, 2018 – 2026
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Global Antimicrobial Coatings Market size is estimated to reach USD 7.5 Billion in 2026. Antimicrobial coatings (AMC) are the paint formulations with biocides to improve resistance towards bacteria, fungi, and other pathogens. These coatings are used on numerous substrates in different end-use applications such as textiles, medical, food processing & packaging, HVAC, automotive and other consumer durables. Several biocides used in the formulation include copper, organo-silane, nano-silver, and few other quaternary products.
AMC has shown great potential in the reduction of nosocomial infections and progress towards broader utilization in clinical settings. Thus, the growth of the medical industry in tandem with the increase in the number of hospitals is a key driver for the global antimicrobial coating industry. Therapeutic advances, changing pattern of care in clinics, and high-quality services have prompted more interventions for communicable diseases, which in turn has risen the healthcare expenditures.
These coatings have also witnessed rising growth in other end-uses such as HVAC, where these are applied on vents and other mechanical surfaces. AMC have numerous uses in food processing & packaging, where food industry manufacturers use these to increase the shelf life of the products. With the increase in disposable income, the fast-paced lifestyle of consumers, and the risen demand for ready-to-consume food products, the food industry has found many applications for AMCs.
Antimicrobials coating market is also subjected to regulatory standards for the quality of the products. The manufacturers of antimicrobial coatings have to conduct full toxicity testing, including environmental as per the Central for Disease Control (CDC) guidelines. Moreover, these manufacturers have to collaborate to develop clinically significant testing methods and align marketing and sales claim with EPA (Environmental Protection Agency) FIFRA.
Technological developments have also played a crucial role in the growth of these products. The industry has seen advancements in materials such as nano-silver. Active R&D studies are also contributing significantly towards growth. Anti-Microbial Coatings Innovations (AMiCI) consortium is actively studying the regulation, development, and real-life use of AMC coatings.
North America is the dominant regional market for the global AMC industry, followed by other popular markets such as Western Europe and the Asia Pacific. The U.S. with its highest spending on health sectors is one of the most significant growth factors for its regional market. Growing aged population in nations such as Japan have led to increased spending in the medical industry and are deriving the growth for the Asian region.
The global industry constitutes a good number of multinationals and regional players. Some of the key market players include Akzo Nobel NV, BASF SE, Dow DuPont, AK Coatings, Inc., Biointeractions Ltd., PPG Industries Inc., Lonza Group Ltd., and Covalon Technologies Ltd.
Table of Contents
1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key takeaway
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Antimicrobial Coatings Market Insights
3.1. Antimicrobial coatings industry snapshot
3.2. Antimicrobial coatings value chain & distribution analysis
3.3. Antimicrobial coatings raw material analysis
3.4. Antimicrobial coatings technology outlook
3.5. Antimicrobial coatings market dynamics
3.5.1. Antimicrobial coatings Market driver analysis
3.5.2. Antimicrobial coatings Market restraint/challenges analysis
3.5.3. Antimicrobial coatings Market opportunity analysis
3.6. Industry analysis – Porter’s five force
3.6.1. Bargaining power of supplier
3.6.2. Bargaining power of buyer
3.6.3. Threat of substitute
3.6.4. Threat of new entrant
3.6.5. Degree of competition
3.7. Antimicrobial coatings market PEST analysis, 2017
3.8. Antimicrobial coatings industry trends
3.9. The competitive company ranking analysis
4. Antimicrobial Coatings Market Size and Forecast by Raw Material Type
4.1. Key Findings
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