The Global Antimicrobial Coatings Market accounted for USD 3.7 billion in 2016 and projected to grow at a CAGR of 13.3% during the forecast period of 2017 to 2024.
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Global Antimicrobial Coatings Market by Product Type (Silver Antimicrobial Coatings, Copper Antimicrobial Coatings); Application (Indoor Air/HVAC, Medical, Mold remediation, Building & Construction, Food & Beverages, Textiles); Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
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The Global Antimicrobial Coatings Market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Antimicrobial coating is referred to be beneficial in reducing the risk of infected surfaces. Antimicrobial coating offers more protection than any other coating process offers.
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It has its wide application in Indoor air/HVAC, medical, mold remediation, building & construction, food & beverages, textiles, and others. Increasing healthcare sector in developing countries may act as the major driver in the growth of antimicrobial coating market.
On the other side, loose bonds between fabrics and antimicrobial coatings may hamper the market.
Major Market Competitors:
- BASF SE
Akzo Nobel N.V.
- Diamond Vogel
- Axalta Coating Systems
- RPM International Inc.
- The Dow Chemical Company
- The Sherwin-Williams Company
- Among others
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Major Market Drivers:
- Increasing healthcare sector in developing countries
- Growing demand of indoor air quality
- Helpful in stopping the spread of germs
- Loose bonds between fabrics and antimicrobial coatings
The global antimicrobial coatings market is segmented on the basis of product type into silver antimicrobial coatings, copper antimicrobial coatings, and others. The others segment is sub segmented into zinc oxide, zirconium, zinc omadine, titanium dioxide, quaternary ammonia, and others.
On the basis of application, the global antimicrobial coatings market is segmented into indoor air/HVAC, medical, mold remediation, building & construction, food & beverages, textiles and others.
On the basis of geography, the global antimicrobial coatings market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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