New York, NY -- (SBWIRE) -- 11/20/2018 -- North America is the dominant regional market for the global AMC industry, followed by other popular markets such as Western Europe and Asia Pacific. The U.S. with its highest spending on health sectors is one of the most significant growth factors for its regional market. Growing aged population in nations such as Japan have led to increased spending in medical industry and are deriving the growth for the Asian region.

The global antimicrobial coatings market is generated US$ 3.3 billion in 2017 and is anticipated to grow at a CAGR of 9.4% during the forecast period.

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Antimicrobial coatings (AMC) are applied on surfaces to prevent the growth of germs and bacteria. These coatings have gained worldwide prominence very rapidly and the market is a billion-dollar sector currently. Antimicrobial coatings are the paint formulations with biocides to improve resistance towards bacteria, fungi, and other pathogens.

Antimicrobial coatings have witnessed global growth on account of intense demand in the medical sector. Healthcare-related infections have been major cause of mortality and morbidity in the current scenario and a daunting challenge for the health centers & hospitals. AMCs are the promising and potential weapon against the bacterial growth in this sector and have witnessed many different technologies and chemical strategies.

These coating have also witnessed rising growth in other end-uses such as HVAC, where these are applied on vents and other mechanical surfaces. AMC have numerous uses in food processing & packaging, where food industry manufacturers use these to increase the shelf life of the products. With the increase in disposable income, fast-paced lifestyle of consumers, and the risen demand for ready-to-consume food products, the food industry has found many applications for AMCs.

The industry is also inclusive of some constraints which might lead to growth hindrance, if not handled wisely. Besides all the beneficial effects of theses coatings, their applications together with different methods of cleaning in healthcare settings, may result in significant changes in the emission of toxic agents into the surroundings. The active ingredients from the emissions are likely to enter the environment slowly and have adverse impact.

Antimicrobials coating market is also subjected to regulatory standards for the quality of the products. The manufacturers of antimicrobial coatings have to conduct full toxicity testing, including environmental as per the Central for Disease Control (CDC) guidelines Moreover, these manufacturers have to collaborate to develop clinically significant testing methods and align marketing and sales claim with EPA (Environmental Protection Agency) FIFRA.

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Competitive Landscape and Key Vendors

North America has witnessed the highest demand for the antimicrobial coatings and holds the largest regional market share. The United States continues to spend substantially more on healthcare relative to other nations in the region and world and is the reason for the region's medical segment growth.

Key Players

The global antimicrobials coating market is highly competitive and consolidated with few players holding larger market size. Some of the major industry players for AMC include Akzo Nobel NV, BASF SE, Dow DuPont, AK Coatings, Inc., Biointeractions Ltd., PPG Industries Inc., Lonza Group Ltd., and Covalon Technologies Ltd.

Snapshot Table of content-

Chapter 1. Overview and Scope

1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders

Chapter 2. Executive Summary

2.1. Market Definition
2.2. Market Segmentation

Chapter 3. Antimicrobial Coatings Market Insights

3.1. Antimicrobial coatings industry snapshot
3.2. Antimicrobial coatings value chain & distribution analysis
3.3. Antimicrobial coatings raw material analysis
3.4. Antimicrobial coatings technology outlook
3.5. Antimicrobial coatings market dynamics
3.5.1.1. Antimicrobial coatings Market driver analysis
3.5.1.2. Antimicrobial coatings Market restraint/challenges analysis
3.5.1.3. Antimicrobial coatings Market opportunity analysis
3.6. Industry analysis - Porter's five force
3.6.1. Bargaining power of supplier
3.6.2. Bargaining power of buyer
3.6.3. Threat of substitute
3.6.4. Threat of new entrant
3.6.5. Degree of competition
3.7. Antimicrobial coatings market PEST analysis, 2017
3.8. Antimicrobial coatings industry trends
3.9. Competitive company ranking analysis

Chapter 4. Antimicrobial Coatings Market Size and Forecast by Raw Material Type

4.1. Key Findings
4.2. Inorganic
4.3. Organic
4.4. Others

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