The traditional coatings that initially catered to a wide range of applications did not contain any antimicrobial property. With increasing concerns over maintaining a healthy environment and healthy lifestyle, most of the governmental bodies have introduced effective antimicrobial coatings in their respective countries.
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Antimicrobial coatings are adopted across a wide array of applications, including medical, HVAC, and food & beverages. Properties such as zero-VOC and non-toxicity to humans have made antimicrobial coatings popular in comparison with conventional coatings.
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The European antimicrobial coatings market is expected to reach a value of $203.2 million by 2019, at a CAGR of 10.3% from 2014 to 2019. The rising demand for antimicrobial coatings in the construction industry, rapid industrialization, and rising concerns towards health lifestyles are among the key factors contributing towards the growth of the European antimicrobial coatings market. The markets for antimicrobial coatings in major countries, such as Germany, the U.K., and France, among others, have been discussed in detail, in this report. The market in Germany dominates the Europe antimicrobial coatings market, having accounted for the largest share in 2014.
BASF SE, AkzoNobel N.V., Sherwin-Williams Company, PPG Industries Inc., and RPM International Inc., among others, are the major companies operating in this market. The report also presents a competitive landscape covering different strategies and developments, such as joint ventures, expansions, product developments, mergers & acquisitions, agreements, and collaborations undertaken by the leading market players over the past few years.
