International. According to the report of the market analyst company ReportsnReports.com, the global market for antimicrobial coatings will grow at a CAGR of 12.92% during the period 2012 - 2016.
The report indicates that the growth in antichrome coating applications is one of the most booming in this sector. In recent times, increasing demand in industries such as medical/healthcare has driven the growth of this market.
Since this segment is becoming competitive, manufacturers are developing new and innovative solutions and exploring new areas of application for existing product ranges in order to stay ahead of the competition.
The report also indicates that growing environmental and health concerns have led vendors to focus on developing low-toxicity paints and coatings.
