Global Antimicrobial Coatings Market Will Reach USD 3.3 Billion Globally by 2018: Transparency Market Research

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Albany NY (April 24, 2013) (CULRAV.ORG) -

A new market report titled “Antimicrobial Coatings Market – Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth and Forecast, 2012 – 2018,” by Transparency Market Research  observes that the antimicrobial coatings demand was worth USD 1.6 billion in 2012 and is estimated to reach USD 3.3 billionin 2018, growing at a CAGR over 12% from 2012 to 2018. North America is the global revenue leader in antimicrobial coatings and dominates the demand for these products.

Browse the full report at http://www.transparencymarketresearch.com/anti-microbial-coating-market.html

Owing to ability to ward off microbial growth effectively, there is a growing demand for antimicrobial coatings in medical applications such as catheters and other medical devices. With the realization that indoor air pollution can cause more harm to health, there had also been a noticeable rise in the use of antimicrobial coatings in improvement of indoor air quality. Increased use of plastic packaging in food applications has resulted in growing demand for additives and coatings in the food packaging industry. However, factors such as questionable efficacy of coatings used in apparel, health issues associated with the use of active silver as the main ingredient and stringent regulations governing the antimicrobial coatings market are restraining growth.Transparency Market Research

Active silver has emerged as the most widely used raw material for antimicrobial coatings as it is believed to show the highest efficacy levels compared to other compounds. Antimicrobial powder coatings demand is expected to grow at a CAGR of 12.4% by volumes and at a CAGR of 9.1% by volume, from 2012 and 2018. Surface modifications and coatings account for the larger of the two product-based market shares and are expected to show steady growth rates at CAGR of 8.8% by volume and at CAGR of 12.2% by revenue from 2012 to 2018. The market has also been segmented on the basis of the microbes; the coatings offer protection against such as E. Coli, Listeria, Pseudomonas and others.

Antimicrobial coatings demand for indoor air quality is expected to grow at a CAGR of 12.8% from 2012 to 2018. Similarly hospitals and healthcare centers have a need for antimicrobial atmosphere and coatings have been adapted accordingly for exclusive use in medical locations. The medical/healthcare market demad for antimicrobial coatings is therefore expected to grow at a CAGR of 12.6% from 2012 to 2018. In case of mold formation, various coatings and products containing antimicrobial substances are being put to use as an aftercare method. Most of the buildings where mold aftercare is necessary are older than five years and hence the market is expected to grow at a high CAGR of 13.1% from  2012 to 2018.

The key market players include AkzoNobel N.V., Sherwin-Williams Company, Dow Microbial Control and Diamond Vogel Paints. There are many other market players such as BASF, E.I. du Pont de Nemours & Company (DuPont), Nippon Paint Co. Ltd., RPM International Inc., Royal DSM N.V., Sono-Tek Corporation and others that also have good market bases in antimicrobial coatings.

Related Report : 

Water Treatment Chemicals And Technology Market – Global Scenario, Trends, Industry Analysis, Size, Share And Forecast, 2011 – 2018

http://www.transparencymarketresearch.com/water-treatment-chemicals-market.html 

This report is an effort to identify factors, which will be the driving force behind the water treatment chemicals market and sub-markets in the next six years. The report provides extensive analysis of the industry, current market trends, industry drivers and challenges for better understanding of the market structure. The report has segregated the water treatment chemicals industry in terms of product and geography. We have used a combination of primary and secondary research to arrive at the market estimates, market shares and trends. We have adopted a bottom-up model to derive market size of the water treatment chemicals market and further validated market estimates with the key market participants and C-level executives.

This research is specially designed to estimate and analyze the demand and performance of water treatment products in a global scenario. The research provides in-depth analysis of water treatment product manufacturers, product sales, trend analysis by segments and demand by geography. The report covers all the major product segments of the global water treatment chemicals market and provides historical data and statistically refined forecast for the segments covered.

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Transparency Market Research (TMR) is a market intelligence company providing global business research reports and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers. Author: Transparency Market Research@ Transparency Market Research

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