The antimicrobial coatings market by product type focuses on antimicrobial powder coatings such as silver and other materials as well as on surface modifications and coatings. The market has also been segmented on the basis of microbes such as E. Coli, Listeria, Pseudomonas and others.
Albany, NY -- (SBWIRE) -- 02/11/2016 -- Antimicrobial coatings by definition kill, prevent, discourage or perform as a combination of the actions to inhibit the growth of micro-organisms such as germs, viruses, bacteria, fungi & molds and parasites. Antimicrobial coatings were devised with the aim to protect the surfaces to which they were applied. With increasing health concerns, the same coatings have been modified to perform a dual role. The primary role of an antimicrobial coating is to protect human beings from diseases causing micro-organisms and reduce risk of infections as well as protecting the application surfaces at the same time.
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The major applications of antimicrobial coatings are in indoor air quality, medical/healthcare, mold remediation, textiles, construction, food and other such instances where there is a need for microbe-free conditions. Antimicrobial coatings can be applied to a surface by different methods such as spraying, draw-down process, thin-film coatings and spin coating process.
Growth in the antimicrobial coatings market can be attributed to factors such as the growing demand in medical application coatings, indoor air quality, antimicrobial clothing and in plastic packaging in the form of additives and coatings. However, health issues associated with active silver, stringent quality regulations and questionable efficacy in the textiles market are major factors acting as barriers for market growth.
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North America has traditionally been the most accepting region for newer technologies and practices which enhance human health and quality of living. With the huge importance given to medical and healthcare in general, the demand for antimicrobial coatings has been and will be the highest in North America. Not surprisingly, it is also the fastest growing market both from the supply and demand perspectives and thus is expected to grow at a CAGR of 13.2% between 2012 and 2018. In view of the recent economic boom in Asia-Pacific and the slight stagnation in the Europe market, Asia-Pacific is already the second largest market for antimicrobial coatings and is expected to grow at a CAGR of 12.3% between 2012 and 2018 followed by Europe which is expected to grow at CAGR of 10.6% between 2012 and 2018.
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Some of the market players include AkzoNobel N.V., Sherwin-Williams Company, Dow Microbial Control, Diamond Vogel Paints, BASF, E.I. du Pont de Nemours & Company (DuPont), Nippon Paint Co. Ltd., RPM International Inc., Royal DSM N.V., Sono-Tek Corporation and others.
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