PaintSquare.com
Follow us on Twitter Follow us on LinkedIn Like us on Facebook Follow us on Instagram Visit the TPC Store
Search the site

 

Advertisement

Sherwin-Williams


Coatings Industry News

Main News Page


Antimicrobial Coatings Set to Clean Up

Wednesday, May 21, 2014

More items for Coating Materials

Comment | More

Driven by escalating U.S. health and environmental concerns, the global antimicrobial coatings market is expected to surge by nearly 10 percent annually and top $4.5 billion by 2020, a new study forecasts.

Growing demand for medical device coatings is expected to remain a key market driver over the next six years, according to "Antimicrobial Coatings Market Analysis And Segment Forecasts To 2020," just released by San Francisco-based Grand View Research Inc.

Antimicrobial industrial floors
PaintersUSA Inc.

Antimicrobial industrial floor systems can kill mold, mildew, fungi, yeast, algae and bacteria.

Market penetration for products that enhance indoor air quality is also expected to grow, mainly in the United States, the report finds.

Antimicrobial coatings are used on a variety of surfaces—from industrial flooring to architectural and medical components—to protect surfaces and humans from parasites, bacteria, germs, fungi and other micro-organisms.

Key Findings and Players

Segmented by product, application and region, the report includes these highlights:

  • 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 Compound Annual Growth Rate (CAGR) of 9.8 percent.
  • Surface modification coatings are the leading product segment, accounting for 53.9 percent of total market volume in 2013.
  • Antimicrobial powder coatings will dominate the product segment, growing at a CAGR of 13.2 percent to reach $2.2 billion USD by 2020.
Foster antimicrobial coatings
Foster Products

Products that enhance indoor air quality are the leading application market for antimicrobial coatings, according to the report by Global View Research.

  • Indoor air quality is the leading application market for antimicrobial coatings, accounting for 26.9 percent 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 percent.
  • North America dominated the global market in 2013, accounting for 39 percent of total market volume. The continent is expected to remain both the largest and the fastest-growing market in the years to come, with an estimated CAGR of 10.6 percent from 2014 to 2020. European market revenue is expected to reach $1.0 billion USD by 2020.
  • Meanwhile, "huge untapped potential" lies ahead in Asia Pacific and Latin America, creating "a major opportunity for industry participants in the near future."
  • The market's top four suppliers are AkzoNobel NV, Sherwin-Williams, Dow Microbial Control and Diamond Vogel, which together controlled more than 40 percent of global demand in 2013.

Challenges Ahead

Raw materials and regulations will remain the sector's biggest challenges.

Antimicrobial Coatings
AST Products Inc.

Antimicrobial products like AST Products' RepelaCOAT, for medical devices, will remain a booming market.

Stringent regulatory scenarios are likely to continue in Europe and the U.S., due to increasing health concerns over the use of silver in the coatings and the issues and costs associated with product registration.

In addition, volatile prices of silver and other raw materials are also expected to dampen profitability, the report found.

   

Tagged categories: Antimicrobial coatings; Health and safety; Market forecasts; Market share; Market trends

Comment Join the Conversation:

Sign in to our community to add your comments.

Advertisements
 
Carboline Company
 
New product: Carbozinc® 608 HB
 
Introducing a new high build zinc-rich primer that can save you time and money by eliminating the epoxy intermediate coat!
 

 
Mitsubishi Gas Chemical America
 
Performance Amine 1,3-BAC
 
A highly reactive cycloaliphatic diamine offering superior performance. Reasonable cost and curing efficacy makes it suitable for all types of epoxy resin applications.
 

 
Tarps manufacturing, Inc.
 
QUALITY MADE IN AMERICA —Available near you!
 
CLICK to get a behind-the-scenes look at how Tarps Manufacturing makes the highest-quality tarps right here in the USA — available nationwide.
 

 
SAFE Systems, Inc.
 
Custom blast rooms
by SAFE Systems
 
Don't waste time and money "making do" with a "standard" design. Let us work with you to design and build the system that best fits your requirements.
Call 1-800-634-7278
 

 
Jotun Paints Inc.
 
Jotun Jotachar 1709
 
Mesh-free passive fire protection epoxy designed to protect against hydrocarbon pool fire scenarios for up to four hours as defined in the ANSI/UL1709 standard.
 

 
Blastox/The TDJ Group, Inc.
 
Blastox® - One Step Lead Abatement
 
Sandblast additive delivered to jobsite pre-blended to eliminate hazardous abrasive wastes. Why mix, meter or apply at the job-site? Blast with ease and
Let your painters paint!
1(800)-252-7869
 

 
NLB Corporation
 
NLB Sure Shroud: Greater Protection and Flexibility
 
NLB’s Sure Shroud’s lighter weight and flexibility reduces operator fatigue and offers unmatched protection against high pressure hose ruptures. 10k to 40k psi rated.
 

 
SABRE Autonomous Solutions
 
Repeatability
 
The ALPHA1 provides reliable results consistently allowing you to cost your next job with confidence.
 

 
HoldTight Solutions Inc.
 
NO FLASH RUST - NO CONTAMINANTS
 
Our HoldTight®102 salt remover & flash rust
preventer prevents flash
rust by removing surface contaminants. Contact us
for your nearest distributor.
(800) 319.8802 sales@holdtight.com
 

 
Graco Inc.
 
Graco EcoQuip 2: Experience the Difference
 
While others claim their equipment is the same, none of them compare to Graco’s EcoQuip 2™ Vapor Abrasive® blasting line. Visit graco.com/ecoquip to learn more.
 

 
 
 

Technology Publishing Co., 1501 Reedsdale Street, Suite 2008, Pittsburgh, PA 15233

TEL 1-412-431-8300  • FAX  1-412-431-5428  •  EMAIL webmaster@paintsquare.com


The Technology Publishing Network

Durability + Design PaintSquare the Journal of Protective Coatings & Linings Paint BidTracker

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us