ANTIMICROBIAL COATINGS MARKET ANALYSIS

Regional Analysis

Antimicrobial Coatings Market Outlook- Asia Pacific is expected to highlight potential market for the key players operating in the global antimicrobial coatings market

North America accounts for the highest demand for antimicrobial coatings owing to the booming end-user industries such as healthcare institutes, manufacturing units and others in the U.S. According to the U.S. Bureau of Labor Statistics, the healthcare industry in the country is estimated to witness a rapid growth over the following eight years. This is mainly attributed to the growing aging population coupled with increasing number of people suffering with physical and mental illness. This in turn, is expected to drive growth of the antimicrobial coatings industry.  The growth in antimicrobial coatings is driven by the increased demand from the indoor air / HVAC and medical application. Apart from medical applications, food & beverages and textiles industry especially in the U.S. and Canada also contribute to the market demand of antimicrobial coatings in North America.

APAC, led by China and India is expected to witness a significant growth during the forecast period owing to the increasing construction projects for commercial and corporate infrastructure along with residential buildings, growing food industry and expanding medical industry wherein, antimicrobial coatings are used in various applications to ensure safety and minimizing infections.