The Report “Europe Antimicrobial Coatings Market, By Type (Silver-based Antimicrobial Coatings, Copper-based Antimicrobial Coatings), By Application (Indoor Air/HVAC, Medical, Mold Remediation, and Others), By Geography — Forecast to 2021”, is estimated to reach $247.23 million by 2021, growing at a CAGR of 10.52% from 2016 to 2021.
Browse through the TOC of the Europe Antimicrobial Coatings Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Growing concern towards providing a healthy environment has provided limitless opportunities for antimicrobial coatings. Such coatings possess low VOC content, which makes them preferable over conventional coatings. Earlier, traditional coatings did not contain any antimicrobial property, which further resulted in the spread of infectious germs and viruses. In order to maintain a healthy and safe environment, various governmental bodies have decided to limit the use of end products with high VOC content.
Antimicrobial coatings are considered to be very effective against touch-transmitted pathogens, and also provide protection against Influenza type A virus due to their antimicrobial property. These coatings are adopted across a wide array of applications that include medical, HVAC, and food & beverages. Properties such as zero-VOC and non-toxicity to humans have made antimicrobial coatings popular in comparison to conventional coatings.
Major driving factors influencing the growth of the Europe antimicrobial coatings market include the increasing awareness for hygiene, antimicrobial property of coatings, rise in investments made in infrastructural development, and growing demand of antimicrobial coatings from food & beverage industry in this region. Additionally, rising concerns over health and wellbeing has resulted in driving key players of the antimicrobial coatings market to develop more innovative products.
The report covers the Europe antimicrobial coatings market that is segmented on basis of type, application, and region. On the basis of type, this market is classified into silver-based antimicrobial coatings and copper-based antimicrobial coatings, among others. With respect to application, the Europe antimicrobial coatings market is classified into indoor air/HVAC, medical, mold remediation, building & construction, food & beverages, and textiles, among others. On the basis of geography, this market is categorized into Germany, the U.K., France, and rest of Europe (RoE).
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