Boston, MA -- (SBWIRE) -- 08/20/2015 -- Antimicrobial coatings assist in maintaining surface quality and prevent the formation of cracks, bubbles, rust, fungus, and algae. These coatings inhibit the growth of pathogens on surfaces. Antimicrobial coatings are used in various applications in the fields of architecture, infrastructure, automotive, healthcare, textiles, food and beverages, and consumer durables. Its manufacture involves the addition of biocides or chemicals to paints. Various bactericides, and viral and fungal inhibitors such as silver, copper, organosilanes, and quaternary compounds are commonly used in this context.

Technavio's analysts forecast the global antimicrobial coatings market to grow at a CAGR of 14.38% over the period 2014-2019.

Commenting on the report, an analyst from Technavio's team said: "The global antimicrobial coatings market is expected to witness increase in demand for water-based coatings such as, high solids, powder, and radiation-cure coatings with antimicrobial activity in the coming years. This is mainly because of increase in number of stringent environmental regulations in different geographies such as North America and Europe that has created demand for inorganic coatings."

Get More Details on this Report and a Full Table of Contents at Global Antimicrobial Coatings Market 2015-2019

According to the report, "Sick Building Syndrome is increasing at a fast pace because of the decreasing quality of air. This particular syndrome mainly occurs when air pollutants are trapped in an area giving rise to health problems. Generation of this particular problem makes the need for indoor air quality products to increase in demand. One of the most important causes of poor indoor air quality is deterioration and poor maintenance."

Further, the report states that new legislation and growing microbial resistance against metal ions and antibiotics and development of resistant strains has resulted in coating manufacturers seeking alternatives to traditional antimicrobial coatings. Development of antimicrobial agents with low toxicity and ability to inhibit microbial contamination is a key issue in the development of new coatings for healthcare, packaging and food and pharmaceutical production.

The key players in the Global Antimicrobial Coatings Market are AkzoNobel, BASF, Dow Chemical, DuPont, PPG and Sherwin-William while other prominent vendors include Agion Technologies, AK Coatings, RPM International and Troy.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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