Global antimicrobial coatings market by product (powder coatings, surface modification) 2014 to 2020
1. Global Antimicrobial Coatings Market By
Product (Powder Coatings, Surface Modification)
2014 to 2020
GrandViewResearch.com has announced the addition of "Global Antimicrobial Coatings
Market Analysis And Segment Forecasts To 2020" Market Research report to their
Database.
San Francisco, CA, April 04, 2014 -- Global antimicrobial coatings market is
expected to reach USD 4,520.3 million by 2020, according to a new study by Grand
View Research Inc. Growing demand for medical device coatings is expected to remain a
key market driver over the next six years. In addition increasing market penetration of
indoor air quality products, mainly in the U.S. is also expected to have a positive impact
on the market over the forecast period.
Stringent regulatory scenario, primarily in Europe and U.S. on account of increasing
health concerns and the issues and costs associated with product registration is expected
to remain a key challenge for the industry participants over the next six years.
Additionally, volatile prices of silver and other raw materials are also expected to have a
dampening effect on market profitability.
The report “Antimicrobial Coatings Market Analysis And Segment Forecasts To 2020,”
is available now to Grand View Research customers at
http://www.grandviewresearch.com/industry-analysis/antimicrobial-coatings-
market
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Further key findings from the study suggest:
• Global antimicrobial coating market volume was estimated at 310.3 kilo tons in 2013
and is expected to reach 589.8 kilo tons by 2020, growing at a CAGR of 9.8% from 2014
to 2020.
• Surface modification coatings dominated the global market and as the leading product
segment, accounted for 53.9% of total market volume in 2013. Global revenue for
2. antimicrobial powder coatings is expected to reach USD 2,213.2 million by 2020,
growing at a CAGR of 13.2% from 2014 to 2020.
• Indoor air quality emerged as the leading application market for antimicrobial coatings
and accounted for 26.9% of total volume in 2013. Global antimicrobial coating demand
for medical applications is expected to reach 151.6 kilo tons by 2020, growing at a
CAGR of 10.2% from 2014 to 2020.
• North America dominated the global market and accounted for 39% of total market
volume in 2013. North America along with being the largest market is also expected to be
the fastest growing market for antimicrobial coatings, at an estimated CAGR of 10.6%
from 2014 to 2020. European market revenue, on the other hand is expected to reach
USD 1,043.9 million by 2020.
• The global antimicrobial coatings market is moderately concentrated with top four
participants including AkzoNobel NV, Sherwin-Williams, Dow Microbial Control and
Diamond Vogel accounting for over 40% of global demand in 2013.
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For the purpose of this study, Grand View Research has segmented the antimicrobial
coatings market on the basis of product, application and region:
• Global Antimicrobial Coatings Product Outlook (Volume, Kilo tons; Revenue,
USD Million, 2012 - 2020)
- Antimicrobial Powder Coatings
- Silver
- Others
- Surface Modifications and Coatings
- E.Coli
- Listeria
- Pseudomonas
- Others
• Global Antimicrobial Coatings Application Outlook (Volume, Kilo tons; Revenue,
USD Million, 2012 - 2020)
- Indoor Air Quality
- Mold Remediation
- Medical
- Antimicrobial Textiles
- Construction
- Food
- Others
3. • Antimicrobial Coatings Regional Outlook (Volume, Kilo tons; Revenue, USD
Million, 2012 - 2020)
- North America
- Europe
- Asia Pacific
- RoW
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