International. The global market for antimicrobial coatings was valued at $1.5 billion in 2012 and is estimated to rise to $2.9 billion by 2018, according to a new study by MarketsandMarkets.
That is, this market will grow by 11.8% between 2013 and 2018 under normal conditions. High demand in industries such as indoor air/HVAC, medicine, mold removal, building and construction, food and beverage, textiles, will increase total consumption.
Antimicrobial coating manufacturers and research institutions are investing in research and development of new coating applications. Countries such as China, India and Japan are growing in markets for antimicrobial coatings.
North America is the largest region, followed by Asia-Pacific and Europe. According to the report, major players in the antimicrobial coatings industry include AkzoNobel, BASF, DuPont, Dow, PPG Industries, Sherwin-Williams, and Kansai. North America is also the global hub for leading manufacturers of antimicrobial coatings.
