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Antimicrobial Powder Coating Market Industry Research, Share, Trend, Size, Price, Future Analysis, Regional Outlook to 2023
Jun 10, 2019 (MarketersMedia via COMTEX) —
Global Antimicrobial Powder Coating Market by Type [Metal (Silver, Copper), Microorganisms (Escherichia Coli, Listeria, Pseudomonas, and Others)], Application (Healthcare, Food & Beverages, Textile, Air Conditioning & Ventilation System, Paints & Coatings, Building & Construction, and Others), and Region till 2023
Powder Coating is used as a dry powder on the surface of a substrate. Powder coating is different from liquid coating. Powder Coatings have become widely popular in the coatings sector for its performance which is equivalent to liquid coatings and the ecological benefits of powder make it user friendly and far superior. The Powder Coating is applied for coating of metals such as aluminum extrusions, household appliances, automobile, bicycle parts and drum hardware. The Powder Coating comes with a silver glass complex that stops cells and micro-organisms from reproducing and thus reduces the occurrence of molds, funguses and bacteria. Antimicrobial Powder Coatings have wide application in coatings and paints, sanitary facilities, indoor air conditioning systems, and in medical equipment.
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The Global Antimicrobial Powder Coating Market has key players such as BASF SE (Germany), Akzo Nobel N.V. (Netherlands), Diamond Vogel (U.S.), PPG Industries, Inc. (U.S.), RPM International Inc. (U.S.), The Dow Chemical Company (U.S.), Axalta Coating Systems (U.S.), Koninklijke DSM N.V. (Netherlands), Sono-Tek Corporation (U.S), and The Sherwin-Williams Company (U.S.) among others.
The Global Antimicrobial Powder Coating Market is segmented based on Application, Region and Type.
Based on Application, the worldwide Antimicrobial Powder Coating Market is sub-segmented into food & beverages, healthcare, air conditioning, textile, paints, coatings, ventilation system, construction, building, and others. Among them, the healthcare segment is projected to develop faster because it is the largest segment for end-use application of Antimicrobial Coatings. The Antimicrobial Powder Coatings are widely applied in the healthcare industry in equipment such as medical devices, catheters, trays and medical electronics.
The need for Antimicrobial Coatings is expected rise due to the increasing demand from Europe and North America, wherein the governments are stressing on spreading awareness about adulteration of air, drugs, and food. Global administrative bodies are trying to reduce hospital borne infections that have been a key concern currently. Additionally, the strict government regulations are being introduced to eradicate the infections, which is anticipated to stimulate the potential in this segment.
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Based on the Business Use Types, the market is segmented into microorganisms (Pseudomonas, Listeria, Escherichia Coli, and others) and metal (copper, silver). Silver is the most consumed Antimicrobial Powder Coating due to its high toxicity towards algae, fungi, germs, and other microbes attributing to its strong antibacterial properties. Furthermore, the antibacterial property of silver does not have any adversative effect on humans unless it is consumed in excess.
The Global Antimicrobial Powder Coating Market is segmented into five key regions, such as Europe, the Middle East and Africa (MEA), North America, Latin America, and Asia Pacific (APAC).
Europe holds a substantial market in the Global Antimicrobial Powder Coating Market, wherein the U.K., Germany, Italy, and France are the major upscaling markets. Growing need for the product pertaining to increasing health issues is the key factor boosting the development of the regional market.
North America market is witnessing rapid growth owing to the presence of leading industries in this province such as beverages and food processing. Growing demand for antimicrobial powder coating can be found in ventilation and air condition applications.
In Asia Pacific the growing government investment in healthcare and escalating need for novel technology in medical industry are the key factors anticipated to affect the market positively over the forecast period. Besides, the Middle East & Africa market is projected to expand at a significant rate over the forecast period. The market portrays a sizeable potential for Antimicrobial Powder Coating Market on account of surging construction & real estate industries in this region. Finally, Latin American market is expected to join the key end use industries in overcoming attributing to the pacifying political scenario in Colombia and Brazil and the growing economic affluency.
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Release ID: 521854
********************************************************************** As of Thursday, 06-06-2019 23:59, the latest Comtex SmarTrend® Alert, an automated pattern recognition system, indicated an UPTREND on 05-25-2012 for PPG @ $103.65. As of Thursda
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