Title: Antimicrobial Coatings Market Detailed methodology, scope, assumptions and data sources between 2016 – 2024
1Antimicrobial Coatings Market Price, Trends,
Industry Outlook Forecast 2016-2024
2Global Market Scenario of Antimicrobial Coatings
Industry
- Antimicrobial Coatings Market size is poised to
cross USD 7 billion by 2024 according to a new
research report by Global Market Insights, Inc. - Rising concern about prevention of contamination
risk in medical equipment should fuel the
antimicrobial coatings market growth. Increasing
rate of infections through medical instruments in
hospitals has led to pretreat these medical
devices. - Currently, more than 90 of the hospital
instruments are treated prior to use to prevent
hospital acquired infections (HAI). Growth in
medical expenditure coupled with advancement in
health improving devices should boost the
antimicrobial coatings market demand.
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- The differentiating factor of Antimicrobial
Coatings Market report by Global Market Insights,
Inc. when compared with other, similar syndicated
research studies includes a 360-degree synopsis
of trends for a period of more than 10 years
including historic information as well as future
outlook. - Reasons to Buy This Report
- 1. Antimicrobial Coatings Market size
share forecast by product application,
2016-2024 - 2. Growth drivers, pitfalls industry
challenges - 3. Key Antimicrobial Coatings Market
growth opportunities emerging business models - 4. Competitive benchmarking with market
share analysis and company profiles - Antimicrobial powder coatings are manufactured
using ingredients like bronze, silver, titanium
dioxide and copper. Most widely used ingredient
is silver, being costlier than other ingredients,
may impact the pricing trends and profit margins
of manufacturers. Antimicrobial powder coatings
market share accounted for over 42 of total
market in 2015. - It finds wide range of applications in
sterilization equipment used in hospitals,
shopping cart in retail outlets, escalators and
elevators, kitchen ware, food processing
equipment, refrigerators, steel storage cabinets,
kitchen sinks and steel shelving. Widening
consumption should drive the antimicrobial powder
coatings market.
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5Regional Insights
- North America, led by the U.S. antimicrobial
coatings market will witness growth over 10 from
2016 to 2024. - APAC led by China and India will witness gains at
over 9 by 2024. Rising construction, medical and
food beverages industry expansion, owing to
increasing consumer affordability will open new
avenues for regional industry growth. - Europe antimicrobial coatings market will
generate over USD 1 billion business by 2024,
owing to the food retail industry expansion
particularly in the UK, France, Germany and Italy - LATAM, led by Brazil antimicrobial coatings
market will generate over USD 70 million revenue
by 2023 in mold remediation applications.
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6Competitive Insights
- Other prominent participants are
- Sherwin-Williams, Diamond Vogel Paints, Arch
Lonza, Nippon Paint, RPM, AK, Sono-Tek
Corporation and Troy Corporation. BASF,
AzkoNobel, DSM, DuPont and Dow Microbial
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