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U.S. Shows Remarkable Potential & Opportunity
The global antimicrobial coatings market is emerging with a robust growth due to the increasing number of applications in indoor air/HVAC, medical, textile, food and beverages, building & construction, etc. There is a continuous need of innovations in the applications and protect against the different microbial presence in many applications. Therefore, all major companies have created advanced application technology centers for R&D worldwide.
The rising attention towards the protection of human health and environmental risks has promoted various government regulations, which have further resulted in increased consumption of antimicrobial coatings in different industries as well as in different regions. In order to achieve this hike, innovations are being undertaken to cater to the consumers needs as per their requirements.
The U.S. medical market has tremendous opportunities for antimicrobial coatings due to their continuous improvements in innovations, more awareness within the consumers that is helping them to grow more. In the entire North America region has emerged to be the driving factor for this antimicrobial coatings market, contributing to more than two-third of the global demand. The other emerging opportunities such as China, Japan, India, Germany, and others are further lined up for the brighter future in this market.
Through organic growth strategies like geographic expansion and new product developments, the companies are opting to expand their antimicrobial coatings business worldwide. The major companies operating in this market such as AkzoNobel N.V. (The Netherlands), BASF S.E. (Germany), PPG Industries Inc. (U.S.), The Sherwin Williams Company (U.S.), and others are engaged in bringing innovations in their products as well as enhancing their penetration in the antimicrobial coatings market worldwide.
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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