Dallas, TX -- (ReleaseWire) -- 01/29/2014 -- The "Antimicrobial Coatings Market by Type (Silver, Copper, and others such as Zinc Oxide, Titanium Dioxide, and Zinc Omadine), Application (Indoor air/HVAC, Medical, Mold remediation, Building & Construction, Food & Beverages, Textiles, and others), & Geography (North America, Europe, Asia-Pacific, and ROW) - Global Trends and Forecasts to 2018", analyzes the antimicrobial coatings market with respect to market drivers, opportunities, and trends in the diverse geographical regions.
Browse 49 market data tables and 32 figures spread through 201 pages and in-depth TOC on “Antimicrobial Coatings Market”
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The major global companies operating in the antimicrobial coatings market are U.S.-based Dow Chemical Company, E. I. du Pont de Nemours & Company, PPG, RPM International, Sherwin-Williams, and others. The companies are consistently focusing on expanding their production capacity to achieve a competitive advantage and thereby serve the customers more effectively in different regions. Even though the companies are observing many hurdles and challenges in this region, the companies also observe the business opportunities that will help them grow in the segment in this region.
The global antimicrobial coatings market is highly diversified with most companies offering coatings manufactured with silver, copper, and others such as zinc oxide, titanium dioxide, and zinc omadine with a wide range of usage in different applications. The silver antimicrobial coatings are the most commercialized and are extensively used in medical, indoor air, and textile market. The companies engaged in the production of these antimicrobial coatings are AkzoNobel N.V. (The Netherlands), BASF S.E. (Germany), E. I. du Pont de Nemours & Company (U.S.), Nippon Paint (Japan), PPG Industries Inc. (U.S.), Royal DSM (The Netherlands), RPM International Inc. (U.S.), The Dow Chemical Company (U.S.), The Sherwin-Williams Company (U.S.), and others. The antimicrobial coatings market is fragmented and today, the top five players in this industry account for less than half of total antimicrobial coatings sales in the world. The copper antimicrobial coating is gaining market share in the applications such as medical, and Heating Ventilation, and Air conditioning (HVAC) systems also due to their versatile properties and low price; thus, gaining an advantage over high-performance segment silver antimicrobial coatings.
The global Antimicrobial Coatings Market’s worth in 2012 is $1.5 billion and is estimated to reach $2.9 billion by 2018, growing at a CAGR of 11.8% from 2013 to 2018 under normal conditions. The high demand across the industries such as indoor air/HVAC, medical, mold remediation, building & construction, food & beverages, and textiles will increase the overall materials consumption.
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