(Food-Beverage-News.Com, March 30, 2018 ) The Europe Antimicrobial Coatings Market was worth USD 0.7 billion in 2017 and is projected to grow at a CAGR of 11.4%, to reach USD 1.2 billion by 2022. Surfaces of materials are the highly prone to contamination by bacteria and other microorganisms. Antimicrobial coatings consist of antimicrobial agents which inhibit the growth of microorganisms when applied to the surface of materials. They have been extensively used in healthcare in order to prevent hospital acquired infections which are fatal.
They are used in food and beverages to prevent food poisoning and in cosmetics to prevent product degradation. Apart from these, they can be used on surfaces which are often touched by people to prevent contamination. Antimicrobial Coatings Market is growing rapidly without the realization of many of its competitors.
Rapid advances in biotechnology and material sciences, increase in research activities on environmental microbiology and growing adoption in healthcare sector are the major factors driving the market growth. Rising number of hospital acquired infections and economic benefits by using coatings in the long term are also expected to drive the market. However, availability of alternate antimicrobial products and lack of awareness regarding the coatings are hindering the market growth.
The Antimicrobial Coatings market is segmented by type, application and region. Based on the type, the market is segmented into Copper, Silver, Polymer and Others. Silver coatings segment is the largest market segment as silver is able to effectively counter several types of microorganisms. Polymers segment is the fastest growing segment due to the advances in material sciences to produce antimicrobial polymers. By Application, the market is categorized into Healthcare, Building and Construction, Indoor Home Appliances, Mold Remediation, Food and Beverages, Textiles, Cosmetics and Others. Indoor home appliances segment lead the antimicrobial coatings market due to the increasing demand in residential and institutional buildings. Healthcare segment is expected to be the fastest growing segment due to the increasing initiatives to keep hospitals and clinics free of germs and to prevent hospital acquired infections.
On the basis of region, the Europe Antimicrobial Coatings market is segmented into UK, Germany, France, Spain and Italy. UK is the largest consumer of antimicrobial coatings in Europe region. It is due to their wide usage in indoor home appliances and in construction projects.
Some of the major players in Antimicrobial Coatings market are Akzonobel, Nippon Paint Company, DOW Chemical Company, Damond Vogel, Sherwin Williams, BASF SE, Axalta Coating Systems, RPM International, Lonza Group, and Royal DSM.
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