Global Antimicrobial Coatings Market: Trends & Forecasts to 2018 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-18 06:37:02
In 2013, the global antimicrobial coatings demand is estimated to be worth nearly $1.5 billion and is expected to reach $2.9 billion by 2018 at a CAGR of 11.8% from 2013 to 2018. Indoor air/HVAC and Medical are the current major growth drivers within the applications segment for the antimicrobial coatings market, and also the growth of some countries in Asia-Pacific is driving the demand for antimicrobial coatings.
The dominance of North America is expected to be maintained over the next five years due to more number of investments and expansions by the major players in this region. In terms of the revenue, the medical coatings application is expected to show the highest growth followed by indoor air and mold remediation coatings in the next five years. The applications of antimicrobial coatings are expected to increase their market in Asia-Pacific and ROW. The market is also analyzed by drivers, restraints, and opportunities with their market attractiveness.
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