© 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Antimicrobial Coatings Market Size, Share and Forecast 2016-2024 Antimicrobial Coatings.

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Presentation transcript:

© 2016 Global Market Insights. All Rights Reserved Antimicrobial Coatings Market Size, Share and Forecast 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

© 2016 Global Market Insights. All Rights Reserved  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 Positive indicators for ready acceptance of health improving devices coupled with growth in medical expenditures should drive regional demand. Global Market Scenario of Antimicrobial Coatings Industry

© 2016 Global Market Insights. All Rights Reserved  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. Continue..... Latest Research Report On Antimicrobial Coatings

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© 2016 Global Market Insights. All Rights Reserved 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 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 Rising health hazards of active silver used may hinder industry growth. 360° Analysis Request for customization:

© 2016 Global Market Insights. All Rights Reserved Regional 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.

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