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

PaintSquare


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
 
Fireproofing Solutions
 
Pyroclad® X1 Thermo-Lag® Pyrocrete® – protecting against hydrocarbon and jet fires, explosions, and cryogenic spills.
 

 
Jotun Paints Inc.
 
Jotachar JF750 - The Time Saving Solution
 
The only mesh free solution for jet fire scenarios. Jotachar saves installation time and material costs - the next generation of epoxy passive fire protection.
 

 
PPG Protective and Marine Coatings Group
 
We Protect and Beautify the World
 
PPG is widely recognized as a world leader in protective and marine coatings, developing innovative, cutting-edge products and services.
 

 
Industrial Vacuum Equipment Corp.
 
Hurricane Vacuums
& Dust Collectors
 
Vacuum and dust collector hose, filters and related accessories.
IndustrialVacuum.com
 

 
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
 

 
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.
 

 
Novatek Corporation
 
Novatek Corporation, Dustless Coatings Removal
 
Strip, clean and profile all dust free! Comply with new lead standards. Contact today: (866) 563-7800
 

 
BASF
 
New resins from BASF will have metals loving water!
 
Excellent corrosion resistance, low VOC, high gloss, thin films www.basf.us/industrialcoatings dpsolutions@basf.com 800-231-7868
 

 
Detail Masters
 
Overspray Removal
 
We offer professional, turnkey service and unparalleled quality!
Our process can save hundreds— even thousands of dollars. It's fast, environmentally safe and 100% guaranteed.
 

 
Sherwin-Williams
 
Sherwin-Williams Oil & Gas App
 
Our coatings and linings expertise available 24/7, allowing you to explore the best Sherwin-Williams solutions for oil refineries, shale drilling sites, and offshore. Android users
click here. Download today!
 

 
 
 

Technology Publishing Co., 2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951

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