TechNavio recognizes the following companies as the key players in the Global Antimicrobial Coatings Market: AkzoNobel N.V., BASF SE, E. I. du Pont de Nemours and Co., PPG Industries Inc., Sherwin-Williams Co., and The Dow Chemical Co.
Commenting on the report, an analyst from TechNavio’s team said: “Since the Global Antimicrobial Coatings market is highly competitive, manufacturers are providing new and innovative solutions and exploring new application areas for the existing range of products to stay ahead in the competition. Moreover, growing environmental and health concerns have led vendors to focus on the development of low toxicity paints and coatings. The market for antimicrobial coatings is witnessing increased expenditure on R&D of new products and services. More research is being undertaken on up-gradation and optimizing the performance of various antimicrobial additives in Indoor Air Quality, Mold Remediation, and Medical/Healthcare application segments.”
According to the report, the increase in applications of antimicrobial coatings is one of the major growth drivers for this market. In recent times the increase in usage of antimicrobial coatings in Medical/Healthcare, and Mold Remediation segments has boosted the growth of this market.
Further, the report states that a major challenge in the market is the increase in competition among various vendors. The need for continuous support and service is another challenge in the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-antimicrobial-coatings-market-201…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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TechNavio Announces the Publication of its Research Report -Global Antimicrobial Coatings Market 2012-2016
