Antimicrobial Coatings Market Rising With Growth In New Technology Trends Research By 2025



The global antimicrobial coatings market is expected to reach USD 8.43 billion by 2025, according to a new report by Grand View Research, Inc. Increasing concern among professional industry manufactures about cleaning and to prevent buildings against the growth of bacteria, mold and fungi are expected to drive the overall market growth.
Recent food poisoning outbreaks coupled with high rates of hospital-acquired infections had heightened the awareness among people. Nowadays, people mainly insist on safe and healthy products by offering more for such goods and services.
Silver based biocides are widely used in medical grade applications owing to its excellent antimicrobial properties. Recently, a new U.S. based is othiazolin-based biocide, n-butyl-1,2-benzisothiazolin-3-one is also used as an antimicrobial agent to prevent the spread of germs. Moreover, rising demand for implantable medical devices and increasing burden of cardiovascular diseases is expected to aid the overall market demand over the next eight years.
The industry is reasonably concentrated with top three to four companies catering to over 40% of global demand in 2015. The industry displays oligopolistic features with a few gig companies holding a major share of the total revenue generated by the overall market. Some of the leading companies operating in the global industry include AkzoNobel NV, Damond Vogel, Dow Microbial Control and Sherwin-Williams among some other companies.
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Rising concern regarding the growth of hospital-acquired infections among human beings is also an important factor to boost the overall industry growth. Nowadays, doctors prefer using these products as compared to disinfectants and powerful cleaning agents. This would also help to reduce both coat and time for the hospitals in which they are increasingly used. They help in stopping the spread of germs, which can otherwise cause weakened immune systems among people.
Further key findings from the report suggest:
·         The global antimicrobial coatings market demand was 372.9 kilotons in 2015 and is expected to exceed 1 million tons by 2025, growing at a CAGR of 10.4% from 2016 to 2025
·         Mold remediation is expected to witness the highest CAGR of 11.1% over the forecast period. The cost involved in remediating a mold-infested building can be staggering, especially when the building has inferior coatings.
·         These coatings provide long-term protection against growth and spread of bacteria, mold, and fungi. After Shock is an antimicrobial coating, registered under EPA which is designed to kill mildew and residual mold.
·         Air conditioning and ventilation segment were accounted for over 25% of the overall volume in 2015. These products help to deter the growth of micro-organisms in heating, ventilation and air conditioning systems. AgION coated materials inhibit the growth of different microbes.
·         The industry is characterized by the presence of multinational companies which holds the major chunk of the total revenue. Industry participants mainly include Diamond Vogel, Dow Microbial Control, AkzoNobel N.V and Sherwin Williams.
Never the less, health concerns related silver usage in various applications along with strict regulations in the European Union and the U.S. is presumed to create the hindrance for the overall demand. The SHER-NAR coating which primarily consists of three coat finishing process is required to meet the standards of the American Architectural Manufacturers Association’s specification. AAMA 2605-13 is considered the most stringent solution used mainly in architectural applications.
In recent past, the FDA began considering drug-device combinations as a separate regulatory class. They meet the safety and efficacy part based on specified requirements. Moreover, the guideline has also been established for urological devices with antimicrobial claims.
In recent past, the antibiotic local application directly on the local surface is considered more efficient as compared to antibiotics penetration through biofilm. The bacteria is killed instantly before the biofilm is formed. These antibiotics can be applied in bone cement that is used to fix implants associated with orthopedic and orthodontic implants.
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Biodegradable surface type containing antibiotics can also be implemented for the same application with the similar strategy. The antibiotics can be slowly released directly to the surface-tissue interface. The use of poly(D, L-lactide) which contains gentamycin on orthopedic implants has reduced the infection rates drastically and also an improvement in recovery after infection.
Grand View Research has segmented the antimicrobial coatings market on the basis of product, application:
Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·         Antimicrobial powder coatings
o    Silver
o    Copper
o    Other
·         Surface modifications and coatings
o    E. Coli
o    Listeria
o    Pseudomonas
o    Others
Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·         Sanitary facilities and kitchen
·         Air conditioning and ventilation systems
·         Food processing and packaging
·         Antimicrobial textile
·         Mold remediation
·         Construction
·         Other applications
Key product segments analyzed and reported in the study include surface modification and antimicrobial powder coatings. Surface modification and coatings dominated the product segment and accounted for 55.7% of total volume in 2015.
The application of silver nanoparticles directly on medical devices has been used recently to avoid bacterial adhesion and also from the formation of biofilm. The silver is released in bacteria that help in killing the bacteria near the surface.
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.




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