Antimicrobial Coatings Business is Growing. Research Claims Revenue can Reach $3.1 Billion by 2020

Due to the usage of Antimicrobial Coatings in wide range of industries and uses like: protect HVAC products, electronic appliances; food processing facilities, medical packaging and others, the Global AntimicrobialCoatings Market is set to generate revenue of a whopping $3.1 Billion by 2020. There has been witnessed an increased need to suppress the growth of microbes formed on their respective surfaces. An Antimicrobial surface basically contains an antimicrobial agent that inhibits or reduces the ability of microorganisms to grow on the surface of a material.

F&B, Lifesciences & Medical Healthcare and HVAC Market Segment are noted to be the top three sectors that account as the major drivers or catalysts for the market in terms of sales and revenue.

•          Food safety and quality has been growing worldwide and has revolutionized the Food and Beverage Industry.
•          Increasing shelf life of products has always been a challenge to producers. Use of Antimicrobial Coatings in this industry will perform a critical role in overcoming this challenge.
•          Antimicrobial Coatings are widely used in HVAC industry also. The equipment used in this industry is coated with these chemicals to ensure the air that they let out is free of any foreign agents in order to prevent corruption of the air being inhaled.
•          Medical and Healthcare Industry has also been a potential driver for this market. Prevention of infection and spread of contagious diseases is the main need in Healthcare Industry, for which Antimicrobial Coatings are used.

Geographically, the Antimicrobial Coatings Market has been divided into Americas, Europe, Asia-Pacific and Rest of the World.

United States leads the Market in the Americas Region with huge potential for Antimicrobial Coatings in Construction, Medical and Electronics Sector.

China leads the Asia-Pacific region with its expanding industries and economy, which will offer further flourishing opportunities for the market.

Leading Vendors of the Antimicrobial Coatings Market:              

•          Diamond Vogel Paints
•          Sherwin-Williams Company
•          Kansai Paint Co. Ltd.
•          Akzonobel NV
•          BASF SE

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