Breathable Antimicrobial Coatings (BAC) Market size will experience a substantial growth in North America owing to its application in the indoor disinfectant industry in the forecast timeframe.
— Breathable antimicrobial coatings (BAC) market is divided on the basis of organic and inorganic microbial coatings. Inorganic type is made from inorganic compound which contain a metal or metal ion, including, silver, copper, zinc, and other. Breathable coatings are generally used for external application in construction industry where a certain amount of moisture is allowed to pass through object. On the other hand, the organic based BAC are low or high molecular weight compounds which chiefly contains sulfur, nitrogen, and phosphorus etc. Some of the natural antimicrobial agents found are chitosan, chitin; antimicrobial peptides such as nisin and lysozymes etc.
Breathable Antimicrobial Coatings (BAC) Market size will experience a substantial growth in North America owing to its application in the indoor disinfectant industry in the forecast timeframe. BAC are an advanced antimicrobial coatings introduced in the market in which the moisture is easily passed through the coatings. It consists of antimicrobial biocides depending on its applications which prevents the propagation of diseases to living organism. Molds on wall surfaces are most common source of infections which can affect the health of people in contact or living in surroundings.
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Product finds wide-ranging applications in the medical devices for coating, which will propel its demand and thus will result in driving the overall Breathable antimicrobial coatings (BAC) market size by 2025. Mitigation of diseases emanating from microbial infections from medical devices be the key product application in the near future. The medical device industry and overall investment on healthcare is increasing significantly in North America, especially, in the U.S.
According to the U.S. Department of Commerce, the U.S. medical device market was valued at USD 156 billion in 2017 and is expected to reach USD 208 billion by 2023. The aforementioned trends signify the rapid growth in the medical device market in the region, which in turn will propel the overall breathable antimicrobial coatings market size in the forthcoming years.
The underdeveloped commercial nature of the BAC may become a major restraint for the product market. However, the growing demand for moisture passing antimicrobial coatings and growing investment in R&D by the key players will generate substantial growth potential for the overall breathable antimicrobial coatings market size in the coming years.
Furthermore, one out of six Europeans are residing in unhealthy buildings which includes, high degree of dampness and in turn, mold presence. Rising product awareness to prevent the formation of biofilms and cross contamination is anticipated to drive the overall BAC market size by 2025. Additionally, it is widely applicable to evade infections in medical devices such as catheters.
Asia Pacific and North America will be the prime demand driving markets for Breathable antimicrobial coatings (BAC) market in the forecast timeframe. North American government is making significant investment in healthcare industry to consistently improve and develop innovative products. These trends are likely to have positive impact on the BAC demand for coating medical devices. In Asia Pacific, the construction industry is growing at substantial rates, with increased emphasis on standards similar to developed economies.
Partial Chapter of the Table of Content:
Breathable Antimicrobial Coatings (BAC) Market, By Type, 2014-2025 (Tons) (USD Million)
Breathable Antimicrobial Coatings Market, By Application, 2014-2025 (Tons) (USD Million)
• Mold remediation
• Medical devices
• Food industry
The above information has been provided for the following regions and countries:
o North America
o Latin America
o IAQM, LLC
o Paradigm Labs, Inc.
o H.B. Fuller Construction Inc.
o Fast Mold Removal
o JFB Hart Coatings
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Additionally, new construction activity in nations such as Thailand, China, and India is poised to significantly rise in the coming years. Augmented individual spending has stimulated new residential construction in the region which in turn will drive BAC demand in the region, over the forecast period. The companies functioning in breathable antimicrobial coatings business are IAQM, LLC, Paradigm Labs, Inc., H.B. Fuller Construction Inc., Fast Mold Removal, and JFB Hart Coatings.
Name: Arun Hedge
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Organization: Global Market Insights, Inc.
Release ID: 88912161