Antimicrobial Coatings Market was worth USD 2.99 billion in 2018
They are used in food and beverages to prevent food poisoning and in cosmetics to prevent product degradation. Apart from these, they can be used on surfaces which are often touched by people to prevent contamination.
(EMAILWIRE.COM, November 19, 2018 ) Antimicrobial Coatings Market By Type (Copper, Silver, Polymer and Others), By Application (Healthcare, Building and Construction, Indoor Home Appliances, Mold Remediation, Food and Beverages, Textiles, Cosmetics and Others) and By Region
Antimicrobial Coatings Market Overview
Surfaces of materials are the highly prone to contamination by bacteria and other microorganisms. Antimicrobial coatings consist of antimicrobial agents which inhibit the growth of microorganisms when applied to the surface of materials. They have been extensively used in healthcare in order to prevent hospital acquired infections which are fatal.
They are used in food and beverages to prevent food poisoning and in cosmetics to prevent product degradation. Apart from these, they can be used on surfaces which are often touched by people to prevent contamination. Antimicrobial Coatings Market is growing rapidly without the realization of many of its competitors.
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Rapid advances in biotechnology and material sciences, increase in research activities on environmental microbiology and growing adoption in healthcare sector are the major factors driving the market growth. Rising number of hospital acquired infections and economic benefits by using coatings in the long term are also expected to drive the market. However, availability of alternate antimicrobial products and lack of awareness regarding the coatings are hindering the market growth.
Antimicrobial Coatings Market Forecast Report (2018-2023)
Antimicrobial Coatings Market was worth USD 2.99 billion in 2018 and is projected to grow at a CAGR of 12.1%, to reach USD 5.29 billion by 2023.
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Advanced Wound Care Market Segmentation
The Antimicrobial Coatings market is segmented by type, application and region. Based on the type, the market is segmented into Copper, Silver, Polymer and Others. Silver coatings segment is the largest market segment as silver is able to effectively counter several types of microorganisms. Polymers segment is the fastest growing segment due to the advances in material sciences to produce antimicrobial polymers. By Application, the market is categorized into Healthcare, Building and Construction, Indoor Home Appliances, Mold Remediation, Food and Beverages, Textiles, Cosmetics and Others. Indoor home appliances segment lead the antimicrobial coatings market due to the increasing demand in residential and institutional buildings. Healthcare segment is expected to be the fastest growing segment due to the increasing initiatives to keep hospitals and clinics free of germs and to prevent hospital acquired infections.
On the basis of region, the global Antimicrobial Coatings market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America leads the antimicrobial coatings market due to the high adoption rate of antimicrobial coatings in healthcare sector as this region witness high mortality due to hospital acquired infections. Asia Pacific is expected to be the fastest growing market due to the increasing applications in buildings and construction, growing health awareness and increasing healthcare expenditure
Major Players:
The major companies dominating this market for its products and services are
Akzonobel,
Nippon Paint Company,
DOW Chemical Company,
Damond Vogel,
Sherwin Williams,
BASF SE,
Axalta Coating Systems,
RPM International,
Lonza Group,
Royal DSM.
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About Us
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.
Antimicrobial Coatings Market Overview
Surfaces of materials are the highly prone to contamination by bacteria and other microorganisms. Antimicrobial coatings consist of antimicrobial agents which inhibit the growth of microorganisms when applied to the surface of materials. They have been extensively used in healthcare in order to prevent hospital acquired infections which are fatal.
They are used in food and beverages to prevent food poisoning and in cosmetics to prevent product degradation. Apart from these, they can be used on surfaces which are often touched by people to prevent contamination. Antimicrobial Coatings Market is growing rapidly without the realization of many of its competitors.
Request for Sample @ https://www.marketdataforecast.com/market-reports/antimicrobial-coatings-market-6441/request-sample
Rapid advances in biotechnology and material sciences, increase in research activities on environmental microbiology and growing adoption in healthcare sector are the major factors driving the market growth. Rising number of hospital acquired infections and economic benefits by using coatings in the long term are also expected to drive the market. However, availability of alternate antimicrobial products and lack of awareness regarding the coatings are hindering the market growth.
Antimicrobial Coatings Market Forecast Report (2018-2023)
Antimicrobial Coatings Market was worth USD 2.99 billion in 2018 and is projected to grow at a CAGR of 12.1%, to reach USD 5.29 billion by 2023.
Browse Report Brief and TOC @ https://www.marketdataforecast.com/market-reports/antimicrobial-coatings-market-6441/
Advanced Wound Care Market Segmentation
The Antimicrobial Coatings market is segmented by type, application and region. Based on the type, the market is segmented into Copper, Silver, Polymer and Others. Silver coatings segment is the largest market segment as silver is able to effectively counter several types of microorganisms. Polymers segment is the fastest growing segment due to the advances in material sciences to produce antimicrobial polymers. By Application, the market is categorized into Healthcare, Building and Construction, Indoor Home Appliances, Mold Remediation, Food and Beverages, Textiles, Cosmetics and Others. Indoor home appliances segment lead the antimicrobial coatings market due to the increasing demand in residential and institutional buildings. Healthcare segment is expected to be the fastest growing segment due to the increasing initiatives to keep hospitals and clinics free of germs and to prevent hospital acquired infections.
On the basis of region, the global Antimicrobial Coatings market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America leads the antimicrobial coatings market due to the high adoption rate of antimicrobial coatings in healthcare sector as this region witness high mortality due to hospital acquired infections. Asia Pacific is expected to be the fastest growing market due to the increasing applications in buildings and construction, growing health awareness and increasing healthcare expenditure
Major Players:
The major companies dominating this market for its products and services are
Akzonobel,
Nippon Paint Company,
DOW Chemical Company,
Damond Vogel,
Sherwin Williams,
BASF SE,
Axalta Coating Systems,
RPM International,
Lonza Group,
Royal DSM.
Buy now @ https://www.marketdataforecast.com/cart/buy-now/antimicrobial-coatings-market-6441/
Customize Report @ https://www.marketdataforecast.com/market-reports/antimicrobial-coatings-market-6441/customize-report
About Us
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
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Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results