Antimicrobial Coatings Market 2020 | Global Industry Size, Forecasts, Emerging Trends, and Competitive Share to 2025
Category: #business  By Rahul Varpe  Date: 2020-02-09
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Antimicrobial Coatings Market 2020 | Global Industry Size, Forecasts, Emerging Trends, and Competitive Share to 2025

Decresearch declares the publication of its latest research report, with the title ‘Global Antimicrobial Coatings Market Market’. This report sheds light on the analysis of the industry challenges, growth opportunities, industry threats, as well as strengths. Also, the weaknesses prevalent across the industry scenario and the restraining factors of the market are also provided.

The Antimicrobial Coatings Market Market research study provides a detailed survey of the vital players – this is based on the financial highlights, company outline, SWOT Analysis, Product Portfolio, as well as major strategies and the expansion plans of industry contenders. This report is also anticipated to reflect consistent growth in years to come, since consumers are now being rather aware of product quality. This market analysis of an industry is a crucial factor that numerous stakeholders such as investors, traders, CEOs, suppliers, and more, need to be aware of.

Get sample copy of this research report @ https://www.decresearch.com/request-sample/detail/726

The competitive analysis comprising numerous market players is a rather noteworthy feature of the antimicrobial coatings market market report, as it provides details about the direct and indirect competitors in the market. The report also provides the company profile of these market players inclusive of certain specifications, technologies, and their future development plans.

Antimicrobial powder coatings are manufactured using ingredients like bronze, silver, titanium dioxide and copper. Most widely used ingredient is silver, being costlier than other ingredients, may impact the pricing trends and profit margins of manufacturers. Antimicrobial powder coatings market share accounted for over 42% of total market in 2015. It finds wide range of applications in sterilization equipment used in hospitals, shopping cart in retail outlets, escalators and elevators, kitchen ware, food processing equipment, refrigerators, steel storage cabinets, kitchen sinks and steel shelving. Widening consumption should drive the antimicrobial powder coatings market.

Rising concern about prevention of contamination risk in medical equipment should fuel the antimicrobial coatings market growth. Increasing rate of infections through medical instruments in hospitals has led to pretreat these medical devices. Currently, more than 90% of the hospital instruments are treated prior to use to prevent hospital acquired infections (HAI). Growth in medical expenditure coupled with advancement in health improving devices should boost the antimicrobial coatings market demand.

Sharp increase in medical expenditure owing to rise in per capita income coupled with growing number of geriatric populations will augment demand for healthcare services, further boosting the antimicrobial coatings market demand. According to research report , antimicrobial coatings market size will exceed USD 5.5 billion by 2025.

The regional segmentation covers:

o Europe Region (Germany, UK, France, Russia, Italy, Rest of Europe)
o North America Region (U.S., Canada, Mexico)
o South America Region (Argentina, Brazil, Columbia, Rest of South America)
o Asia-Pacific Region (China, South Korea, Japan, Southeast Asia, India, Rest of Asia-Pacific)
o The Middle East & Africa Region (UAE, Saudi Arabia, Nigeria, South Africa, Egypt, Rest of MEA)

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/antimicrobial-coatings-market-report

China has been experiencing the deterioration of air quality pertaining to the rising emissions, which has in turn fueled the proliferation of ACs and air purifiers. These antimicrobial coatings when used with these devices tend to prevent the propagation of microbes through the air. Shifting preferences toward improving indoor air quality is expected to drive the domestic demand. Apparently, China antimicrobial coatings market size from indoor air quality application segment exceeded USD 75 million in 2018.

In the U.S., stringent regulations are imposed by regulatory bodies like FDA, to reduce infection risks in food industry, which require use of these coatings. Rise in applications in food, medical and indoor air quality should fuel the demand. Medical tourism market in India exceeded USD 2 billion in 2015. This is due to rise in demand for new technologies in health care devices should boost the growth of antimicrobial coatings market.

In Brazil, mold remediation applications growth rate is expected to exceed 9% by 2023. Regulatory policies regarding control of VOCs emissions coupled with growth of construction sector is anticipated to drive the antimicrobial coating market. Advancements in tourism industries of UAE, Saudi Arabia and Qatar resulted in infrastructural development for hotels should fuel the antimicrobial coatings market growth. Increase in consumption of antimicrobial surface coating product in paint industry should fuel the demand.

Worldwide antimicrobial coatings market is fragmented. Some of the prominent companies include BASF, AzkoNobel, royal DSM, DuPont, Dow Chemicals. Other key players include RPM, Nippon Paint, Sherwin-Williams, Arch Lonza, Troy and Sono-Tek. Regional small scale suppliers and producers also witness appreciable market share. Development of distribution channels to provide regional exposure through retailers, supermarket, convenience stores and online portals will fuel the growth.

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Main Features of the Global Market Research Report:

-The report delivers the market valuation as well as the projected growth rate of the global antimicrobial coatings market spanning all years till 2026.

-The report also describes the major drivers of worldwide market by considering as well as taking calculated risks, in tandem with identifying and testing new strategies.

-The research report endorses a detailed industry chain analysis. Also, it covers the production process of antimicrobial coatings, upstream raw material supplier information, raw material costs, labor costs, manufacturing costs, marketing channels, as well as the downstream buyers of the antimicrobial coatings market.

-The report provides detailed knowledge about the competitive scenario of the global market, and also discusses the numerous marketing strategies adopted by companies to stay ahead in the competition.

-The report analyses the various market segments and also provides their contribution to the development of the global market.

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About Author

Rahul Varpe

Rahul Varpe    

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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