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Last updated on April 16, 2014 at 11:09 EDT

Antimicrobial Coatings Market Is Expected To Reach USD 3.3 Billion Globally by 2018: Transparency Market Research

January 15, 2013

ALBANY, New York, January 15, 2013 /PRNewswire/ –

A new market report titled “Antimicrobial Coatings Market – Global Industry Analysis,
Market Size, Share, Trends, Analysis, Growth and Forecast, 2012 – 2018,” by Transparency
Market Research (http://www.transparencymarketresearch.com) observes that the
antimicrobial coatings demand was worth USD 1.6 billion in 2012 and is estimated to reach
USD 3.3 billion in 2018, growing at a CAGR over 12% from 2012 to 2018. North America is
the global revenue leader in antimicrobial coatings and dominates the demand for these
products.

Browse the full report at

http://www.transparencymarketresearch.com/anti-microbial-coating-market.html

Owing to ability to ward off microbial growth effectively, there is a growing demand
for antimicrobial coatings
[http://www.transparencymarketresearch.com/anti-microbial-coating-market.html ] in medical
applications such as catheters and other medical devices. With the realization that indoor
air pollution can cause more harm to health, there had also been a noticeable rise in the
use of antimicrobial coatings in improvement of indoor air quality. Increased use of
plastic packaging in food applications has resulted in growing demand for additives and
coatings in the food packaging industry. However, factors such as questionable efficacy of
coatings used in apparel, health issues associated with the use of active silver as the
main ingredient and stringent regulations governing the antimicrobial coatings market are
restraining growth.

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Active silver has emerged as the most widely used raw material for antimicrobial
coatings as it is believed to show the highest efficacy levels compared to other
compounds. Antimicrobial powder coatings demand is expected to grow at a CAGR of 12.4% by
volumes and at a CAGR of 9.1% by volume, from 2012 and 2018. Surface modifications and
coatings account for the larger of the two product-based market shares and are expected to
show steady growth rates at CAGR of 8.8% by volume and at CAGR of 12.2% by revenue from
2012 to 2018. The market has also been segmented on the basis of the microbes; the
coatings offer protection against such as E. Coli, Listeria, Pseudomonas and others.

Antimicrobial coatings demand for indoor air quality is expected to grow at a CAGR of
12.8% from 2012 to 2018. Similarly hospitals and healthcare centers have a need for
antimicrobial atmosphere and coatings have been adapted accordingly for exclusive use in
medical locations. The medical/healthcare market demad for antimicrobial coatings is
therefore expected to grow at a CAGR of 12.6% from 2012 to 2018. In case of mold
formation, various coatings and products containing antimicrobial substances are being put
to use as an aftercare method. Most of the buildings where mold aftercare is necessary are
older than five years and hence the market is expected to grow at a high CAGR of 13.1%
from 2012 to 2018.

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The key market players include AkzoNobel N.V., Sherwin-Williams Company, Dow Microbial
Control and Diamond Vogel Paints. There are many other market players such as 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 that also have good market bases in
antimicrobial coatings.

This market study provides in-depth and exhaustive nanlysis of the global
antimicrobial coatings market. The market has been segmented on three different levels,
which are described below:

        - Antimicrobial coatings market, by product type
             - Antimicrobial powder coatings
                - Silver
                - Others
             - Surface modifications and coatings
                - E. Coli
                - Listeria
                - Pseudomonas
                - Others
        - Antimicrobial coatings market, by application
             - Indoor air quality
             - Mold remediation
             - Medical/healthcare
             - Antimicrobial textiles
             - Construction
             - Food
             - Others

In addition the report provides a cross-sectional analysis of the application
sub-segments with respect to the following geographical markets

        - Antimicrobial coatings market, by geography
             - North America
             - Europe
             - Asia-Pacific
             - Rest of the World (RoW)

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