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Antimicrobial Coatings Manufacturers are Consistently Focusing on Expanding Their Production Capacities
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.
Agreements, partnerships, collaborations, and joint ventures are the second-largest development strategy adopted by the companies. By following this, the companies are focusing to expand quickly and benefit from the growing demands of the antimicrobial coatings market.
Antimicrobial Coatings Market by Type (Silver, Copper, & Others), Application (Indoor air/HVAC, Medical, Mold remediation, Building & Construction, Food & Beverages, Textiles, & Others) & Geography(North America, Europe, Asia-Pacific, and ROW)–Global Trends and Forecasts to 2018
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