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Antimicrobial Coatings Market by Type, Application - Global Forecast to 2021

Antimicrobial Coatings Market: Global Forecast until 2021

  • January 2017
  • 235 pages
  • ID: 4604336
In this report:
Despite the slow growth in the construction sector, high proportion of people migrating toward urban areas in China will spur the growth potential in this sector in the next five years Medical application segment accounted for ##.##% of the antimicrobial market in China in 2015 and is expected to grow at the highest CAGR of ##.##% between 2016 and 2021.


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"Global antimicrobial coatings market to witness Compound annual growth rate of 12.10 percent during forecast period"

The antimicrobial coatings market is estimated to grow ~$4.2B by 2021, at a compound annual growth rate of 12.10 percent from 2016 to 2021.

Antimicrobial coatings are a type of powder coatings that are used to prevent microbial increase on surfaces and thus prevent the spread of infections. Active ingredients and resins are the main constituents of these coatings. With the same physical and performance characteristics as standard coil coatings, antimicrobial coatings are available in polyester, urethane, epoxy, acrylic, and PVDF paint systems. Antimicrobial coatings are finding increased usage in different applications including, indoor air / HVAC, medical, mold remediation, building & construction, foods & beverages, textiles, and other applications. Growing demand from the medical application due to the increasing awareness and per capita healthcare expenditure is driving the overall antimicrobial coatings market.

Issues associated to the demonstration of the efficacy and functionality of antimicrobial coatings is a main restraining factor in the antimicrobial coatings market.

"Silver product type to register quickest rise in antimicrobial coatings market"

The use of silver antimicrobial coatings in all applications is increasing very quick. Efficient, flexible and the use of their germicidal properties against a wide variety of microbes are driving the market demand for this product type. Silver antimicrobial coatings release silver ions over a period at a slow rate, which prevents microbial increase.

"Medical is the quickest increasing application of antimicrobial coatings"

Medical is forecasted to be the quickest increasing application segment of the antimicrobial coatings from 2016 to 2021. Medical is forecasted to be the most important application, due to the increased demand for use against hospital acquired infections in the healthcare sector. Increasing awareness and growing stringent regulations requiring the use of antimicrobial coatings in healthcare applications in developed countries are expected to drive the medical application at an important rate during the outlook period.

"North America continent is the biggest and the quickest rising market for antimicrobial coatings"

The North American area is forecasted to be the most important and the quickest increasing market for antimicrobial coatings. The high increase rate in the area is due to the growing demand from the United States, which is expected to be the biggest market for antimicrobial coatings in the North American area, succeeded by Canada (CA) and Mexico (MX). The U.S.A is also projected to be the quickest developing market in the territory. Increase in the medical devices, building architecture, indoor air / HVAC systems, and other applications have increased the industry demand for antimicrobial coatings.

Extensive primary audit sessions were conducted to determine and verify the market value for various segments and sub-segments and info collected by secondary research.

The split of primary interviews is as follow:

- By Company Type - Tier 1 - 37.0 percent, Tier 2 - 47.0 percent, and 1/3 3 - 16.0 percent

- By Description - C-suite - 46.0 percent, D-level - 36.0 percent, and Others - 18.0 percent

- By area - North america (NA) - 26.0 percent, Europe - 30.0 percent, Asia-Pacific - 22.0 percent, Middle East & Africa - 9.0 percent, and South America - 13%.

The firms decribed in this research report are, AkzoNobel N.V., BASF SE, Diamond Vogel Paint Company, Axalta Coating Systems, Nippon Paint Company Ltd, PPG Industries Inc., Royal DSM, RPM International Inc., The Dow Chemical Company, and The Sherwin-Williams Company, among others.

Segment Research

This market research classifies the overall antimicrobial coatings market based on application, product class, and area. The study includes exhaustive information concerning the main factors influencing the increase of the overall antimicrobial coatings market including, drivers, industry restraints, opportunities, and possibilities. The in-depth review of main industry actors offers industry insights into business overviews, products & services, top strategies, market investments & business growths, mergers & acquisitions, and recent evolutions combined with the sector.

Reasons to Buy the Report

The analysis will facilitate industry top players/new sector entrants in this sector in these ways:

1. This document breaks down the overall antimicrobial coatings market overall, and offers the closest approximations of market sizes for the global market and sub-segments across verticals and localities.

2. The market research will facilitate partners distinguish the pulse of the sector, and offer them information on the main market drivers, market restraints, opportunities, and alternatives.

3. This industry report will facilitate partners comprehend the top players and obtain business insights to improve their positions in the business sector. The competitive outlook section includes business developments, new industry product developments, and mergers & acquisitions.

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