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GLOBAL INDUSTRY INSIGHT: Antimicrobial Coatings Market Size, Share, Development, Growth and Demand Forecast to 2020

Global Antimicrobial Coatings Market, Size, Share, Development, Growth and Demand Forecast to 2020

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The antimicrobial coatings market is growing due to expansion of the global medical device coatings market, and increasing application of coatings and additives in plastic packaging. Massive unexplored market in medical industry of developing economies is creating ample opportunities for the antimicrobial coatings market to grow at a considerable rate in the coming years. The advanced research and development facilities and new product developments by the companies are supporting to address the demand for antimicrobial coatings in the developing countries of Asia-Pacific and Latin America.

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GLOBAL INDUSTRY INSIGHT: Antimicrobial Coatings Market Size, Share, Development, Growth and Demand Forecast to 2020 P&S Market Research. All rights reserved 2 GlobalAntimicrobialCoatingsMarketSize,Share,Development, Growth and Demand Forecast to 2020 The antimicrobial coatings market is growing due to expansion of the global medical device coatings market, and increasingapplicationofcoatingsandadditivesinplasticpackaging.Massiveunexploredmarketinmedical industry of developing economies is creating ample opportunities for the antimicrobial coatings market to grow at aconsiderablerateinthecomingyears.Theadvancedresearchanddevelopmentfacilitiesandnewproduct developmentsbythecompaniesaresupportingtoaddressthedemandforantimicrobialcoatingsinthe developing countries of Asia-Pacific and Latin America. ExploremoreaboutAntimi crobialCoatingsMarket:https://www.psmarketresearch.com/market-analysis/antimicrobial-coatings-market The massive globalproblem in the modern societyis theincreasingdiseases, which are causeddue tomicro organisms such as fungi, bacteria and viruses representing major threats to our hygienic lifestyle. The growing microbial resistance against antibiotics, metal ions, and development of resistant strains has forced the coating manufacturerstoseekalternativestotraditionalantimicrobialcoatings.Todevelopnewcoatingswithdifferent formulations such has antibacterial and anti odor properties, the companies are following the regulatory standards defined by REACH, EPA and other environment care agencies. Antimicrobial coatings are used for protecting surfaces from micro-organisms such as bacteria, parasites, fungi and germs. Primarily antimicrobial coatings were introduced just to restrain the effect of micro organisms in the surfaces,butwithincreasinghealthconcernsduetotheeffectofsuchmicroorganismsonhumanhealth; antimicrobial applications now cover both surfaces and human. Onthebasisofproducttypes,theantimicrobialcoatingsmarketcanbecategorizedasantimicrobialpowder coatings,andsurfacemodificationsandcoatings.Antimicrobialcoatingsconsistofsilverandcopper,whereas surface modifications and coatings consist of listeria, E coli and pseudomonas. Surface modification and coatings dominates the global antimicrobial coatings market, whereas antimicrobial powder coating is the fastest growing product category of antimicrobial coatings.The antimicrobial coatings market can be categorized on the basis of applications as medical applications, indoor airquality,buildingsandconstruction,textiles,moldremediation,cosmeticsandpersonalcare,foodand beverages,andagriculturalproducts.Indoorairqualityleadstheantimicrobialcoatingsmarketandisalso growingwiththehighestrateundertheapplicationsoftheantimicrobialcoatingsmarket,duetothefactthat major cause of disease in human beings is the bad quality of indoor air. Some of the factors driving the growth of the antimicrobial coatings market are increasing demand of antimicrobial coatings and increasing market penetration for indoor air quality products. However, health issues associated with theuseofsilverinantimicrobialcoatings,increasingneedforefficacyandproductinnovationfortextile P&S Market Research. All rights reserved 3 GlobalAntimicrobialCoatingsMarketSize,Share,Development, Growth and Demand Forecast to 2020 applications and stringent regulatory scenario are some of the factors restraining the growth of the antimicrobial coatings market to some extent.North America is leading the antimicrobial coatings market and is expected to be the fastest growing antimicrobial coatingsmarketinthecomingyears.Themajorreasonsforthefastestgrowthintheregionareincreasing healthcare expenditure and high standards of living of the consumers in the region. Moreover, the antimicrobial coatingsmarketisgrowingduetoincreaseoftheantimicrobialcoatingsapplicationssuchasconstruction, medical and food in the emerging countries such as India and China of Asia-Pacific region. Some of the competitors in the antimicrobial coatings market are The Dow Chemical Company, BASF SE, Nippon PaintCompanyLtd.,AkzonobelN.V.,TheSherwin-WilliamsCompany,EIduPontdeNemours&Co.,PPG Industries Inc., RPM International Inc., Diamond Vogel, Koninklijke DSM N.V., and AK Coatings Inc. BrowsemorereportsonChemicalMaterial sandEnergy:https://www.psmarketresearch.com/industry-report/chemicals-materials-and-energy About P&S Market Research P&S Market Research is a global market research and consulting company. We provide market research reports, industry reports, business intelligence and research based consulting services across a range of industries.With the help of our professional corporate relations with various companies, our market research offers the most accuratemarketforecasting.Ouranalystsandconsultantsinteractwithleadingcompaniesoftheconcerned domaintosubstantiateeverysingledatapresentedinourpublication.Ourresearchassistsourclientin identifying new and different windows of opportunity and frame informed and customized strategies for expansion in different regions. Contact: Ms Somya Manager Client Partner 347, 5th Ave. #1402 New York City, NY - 10016 Toll-free: +1-888-778-7886 (USA/Canada) Email: [email protected] Web: https://www.psmarketresearch.com