MRFR Press Release/- Market Research Future Published a Half Cooked Research “Global Antimicrobial Powder Coating Market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2023.
AkzoNobel N.V., BASF SE, Axalta Coatings Systems, Diamong Vogel, Nippon paint Company ltd., PPG Industruies, Royal DSM N.V., RPM International Inc., The Sherwin Williams Company, DowDuPont Inc., Sono-Tek Corporation, and troy Corporation
Antimicrobial Powder Coating Market – Market Overview
Increasing concerns for cleanliness in end use industries is estimated to propel market demadn for Antimicrobial Powder Coating Market. Owing to rising concerns in human being for acquired infections from medical equiments in hospitals, the demadn for Antimicrobial Powder Coating is bolstering medical industry. Antimicrobial Powder Coating are nowadays replacing powerful cleaning chemicals, and disinfectants used in medical industry. Surgical equipments in healthcare is prominently driving the demadnof antimicrobial coatigs in healthcare industry. Antimicrobial Powder Coating are used to inhibit spread of germs and bacteria among medical professionals, and patients. Growing per capita spending on healthc are is estimated to fuel Antimicrobial Powder Coating demand in healthcare industry. Increasing stringent regulation for medical device coatings is antcipated t to propel market demand for antimicrobial coating s demand in healthcare industry.
Apart from healthcare industry, food processing industry is another major end-user of the Antimicrobial Powder Coating market. Increasing production is fueling the overall demadn for Antimicrobial Powder Coating across the globe. Growing disposable income and,, food demand are tehe major factors driving Global Antimicrobial Powder Coating demand in food processing industry.
Apart from healthcare & food processing indutries, construction, textile, and marine industry are estimated to be the end-use industry driving demand of Antimicrobial Powder Coating across the globe. Recently, there is upsurge in demand from residential and commercial buildings is observed. The Antimicrobial Coatings are used in residential and commercial buildings in order to minimize indoor air polution. Growing concerns for maintaining indoor air quality is catalysing market demand mainly in developed markets in Europe & North America. Need to preserve materials for prolong period during transportation, and stringent regulations are estimated to be the major driving factors for Global Antimicrobial Powder Coating Market.
Among different materials used in Antimicrobial Powder Coating namely, silver, copper, organic, and polymeric silver materials are widely used invarious industry. Moreover, in near future the materials are antcipated to witness increased growth.
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Based on geography, global market is classified as North America, Europe, Latin America, Asia-Pacific, and Middle East & Africa. Among various regions North America and Europe are the leading regions in terms of market share the high market share in the region is attributed to the high per capita spending in healthcare and food. Asia-Pacific is estimated to be th emerging market with highest growth rates.
Antimicrobial Powder Coating Market – Competitive Analysis
Major companies in the Global Antimicrobial Powder Coating Market are the leading paints & coating companies such as PPG, AkzoNoble, and RPM international. Companies are competiting and investing in R&D for developing better, efficient, and novel products. This market has relatively low barrier for new entrants. Market entrants with major focus on innovation been observed in recent years. For instance Kastus, a Turkish manufacturer which has focus on product innovation has recently entered into the market.
Industry/ Innovation/ Related News
Jan 2017: Kastus technologies, an Irish startup launched two Antimicrobial Powder Coating products. The irist start-up company recently attracted hige investment to produce and market its products. The product launch has highlighted the focus of stratupe on product innovation. Its relatively new entrant in the market and high focus on innovation.
Feb 2017; Foster Corporation launched a new microbial masterbatch coat for the medical device industry. The company has introduced the novel product that can be blend with medical device polymers and is marketing under brand name Combat. The development is in line with the overall market trend to focus on innovation to cater prominent end-use industry.
Sept 2016; BASF SE, one of the leading chemical company launched antimicrobial admixture for concrete protection under the brand name, ‘Masterlife AMA 100’. The development underlines the focus on the manufacturers for providing application specific products. The market leader is expected to stimulate the interests of followers for providing application specific products.
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