Antimicrobial Coatings Market Size, Share, Trends & Industry Analysis Report 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, Segments & Forecast, 2019 – 2026
The Global Antimicrobial Coatings Market is estimated to grow at a CAGR of 12.4% during the forecast period 2019-2026. As per the analysis, the global market was valued $2,917 million in the year 2018. The primary application of antimicrobial coatings is to restrict the growth of microorganisms and avoid infection with bacteria and germs on applied surfaces. Antimicrobial coatings are used in various industries and healthcare settings—workplaces that demand sanitization primarily. The demand for antimicrobial coatings is witnessing high growth in the market owing to increasing importance by the government bodies to Antimicrobial Coatings in healthcare and medical settings.
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Antimicrobial coating is germ-killing technology that is used in various alloys such as zinc omadine, titanium oxide, silver, copper and zinc oxide prevent bacterial and fungal infection. Also, with the wide application of antimicrobial coating in various industries such as food processing, automotive, industrial and medical offer some lucrative opportunities for the market growth.
Global antimicrobial coatings market witness technological changes and product development in the marketplace. Some of the product developments include water treatment on coated reactors, new generation antimicrobial coated ceramics, antimicrobial coated polymers and antimicrobial photocatalytic coatings.
Segmentation Overview of the Global Antimicrobial Coatings Market
The Antimicrobial Coatings Market is segmented on the basis of Raw Material, Product Type and End-Use. These market segments are further categorized into various sub-segments to study the market in detail.
The Raw Material Segment of the Global Antimicrobial Coatings Market is Sub-Segmented into:
The Product Type Segment of the Global Antimicrobial Coatings Market is Sub-Segmented into:
- Escherichia Coli
The End-Use Segment of the Global Antimicrobial Coatings Market is Sub-Segmented into:
- Food Industry
- Mold Remediation
Geographical Overview of the Global Antimicrobial Coatings Market
On the basis of geographical segmentation, the global Antimicrobial Coatings market was studied across North America (U.S., Canada); Europe (Germany, UK, France); Asia Pacific (China, India, Japan); Latin America (Brazil, Mexico); Middle East & Africa. As per the analysis, the North American region hold the largest market share in the global market. The regional growth is due to high healthcare spending by the United States, for instance: as per the government websites, the United States spent over $3 trillion in hospital care segment. The government focus towards decreasing the impact of various infections and diseases such as hospital acquired infections and other boost the demand of Antimicrobial Coatings. Also, Strict rules and regulations by the healthcare agencies and government bodies also contribute in the regional growth, considering the global market. Moreover, antimicrobial coatings are increasingly demanded by the textile and food and beverages industry in Canada and the United States.
On the other hand, the APAC region and Western Europe also recorded significant growth considering the global antimicrobial coatings market following North America, the fast-paced growth of the food industry and the HVAC sector that significantly boost the demand of AMC products in Europe. While, the APAC region hold a significant market share, due to large-scale population base and economic growth in some of the developing countries of the region.
Key Players Insight
Covalon Technologies Ltd., Lonza Group Ltd., PPG Industries Inc., Biointeractions Ltd., AK Coatings, Inc., Dow DuPont, BASF SE and Akzo Nobel NV are some major players included under the company profile chapter of the global Antimicrobials Coatings market research study. The global market is analyzed to be highly competitive from nature and is consolidated with a few market players.
Key Topics Covered
3.1. Antimicrobial coatings industry snapshot
8.6.4. Recent Developments
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