DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Antimicrobial Coatings Market - Global Forecast to 2021" report to their offering.
The antimicrobial coatings market is projected to reach USD 4.19 Billion by 2021, at a CAGR of 12.1% from 2016 to 2021. Growing demand from the medical and indoor applications in North America and Europe is expected to drive the antimicrobial coatings market.
Increasing demand from the medical application due to the growing awareness and per capita healthcare expenditure is driving the global antimicrobial coatings market. Issues related to the demonstration of the efficacy and functionality of antimicrobial coatings is a major restraining factor in the antimicrobial coatings market.
The use of silver antimicrobial coatings in all applications is growing very fast. Efficient, flexible and the use of their germicidal properties against a wide variety of microbes are driving the demand for this product type. Silver antimicrobial coatings release silver ions over a period at a slow rate, which prevents microbial growth.
Medical is estimated to be the fastest growing application segment of the antimicrobial coatings from 2016 to 2021. Medical is projected to be the largest application, owing to the increased demand for use against hospital acquired infections in the healthcare industry. Growing awareness and increasing stringent regulations requiring the use of antimicrobial coatings in healthcare applications in developed countries are projected to drive the medical application at a high rate during the forecast period.
- Axalta Coating Systems
- BASF SE
- Diamond Vogel
- Nippon Paint Company Ltd
- PPG Industries
- Royal DSM
- RPM International Inc.
- The Dow Chemical Company.
The Sherwin-Williams Company
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Antimicrobial Coatings Market Overview
6 Industry Trends
7 Antimicrobial Coatings Market, by Product Type
8 Antimicrobial Coatings Market, by Application
9 Antimicrobial Coatings Market, by Region
10 Competitive Landscape
11 Company Profiles Antimicrobial Coatings Market
For more information about this report visit http://www.researchandmarkets.com/research/w7vfcp/antimicrobial