Skip to main content

New n-tech Research Report States the Market for Smart Antimicrobial Coatings and Surfaces Will Reach US $2.3 Billion

This report quantifies the market for smart antimicrobials, including antimicrobial peptides, smart polymers, silver preparations, antimicrobials based on titanium dioxide and some newer materials. It also covers emerging multifunctional materials

GLEN ALLEN, VA, December 13, 2017 /24-7PressRelease/ -- Industry analyst firm n-tech Research today announced the release of a new report titled "Markets for Smart Antimicrobial Coatings and Surfaces - 2018 -2027." According to the report the market for smart antimicrobials will grow to around $2.3 Billion by 2020.

Details about the report, including a downloadable excerpt are available at: http://ntechresearch.com/market_reports/markets-for-smart-antimicrobial-coatings-and-surfaces-2017-to-2026.

This report is the latest deliverable from n-tech's research program on smart materials. It is a follow-on report to our highly successful 2015 report covering the same topics and investigates the technology and market changes that have occurred since then.

About the report:

This report quantifies the market for "smart antimicrobials," including antimicrobial peptides, smart polymers, silver preparations, antimicrobials based on titanium dioxide and some newer materials. It also covers emerging multifunctional materials combining antimicrobial action with self-cleaning and self-healing capabilities.

The report provides ten-year revenue forecasts, by material type and application. Medical applications covered include implants, surgical tools, medical facility surfaces, medical uniforms and general medical equipment. Non-medical applications comprise clothing and textiles, consumer products, the food supply chain, buildings and construction, automotive and military.

In addition, the report discusses the business models being employed by leading firms in the smart antimicrobials space. These include direct sales to end users, sales to OEMs, of antimicrobial additives to manufacturers of other coatings firms. Companies discussed in this report include: AK Coatings, Americhem, Amicoat, AntiMicrobial Environments International, BASF, Biocote, Bio-Gate, DiFusion Technologies, DowDuPont, DSM Biomedical, Gelest, Microba, Nolla, Parker Hannefin, Parx Plastics, Polygiene, Sciessent, Specialty Coating Systems, and TiFiber

Highlights:

- The market for smart antimicrobials will remain dominated by silver-based materials. However, silver's share of the market will fall dramatically over the next few years; from 85 percent in 2018 to 72 percent in 2023. Silver antimicrobials will be replaced by an increasingly diverse range of antimicrobial offerings including composites, organosilanes, etc. In the long-run, peptides hold considerable promise for truly smart antimicrobials since they can selectively kill microbes, retaining helpful bacteria and killing harmful ones. Antimicrobials are becoming smarter through hybridization with self-cleaning and self-healing materials, but such hybrid materials are still a long way from serious commercialization.

- More than 95 percent of the smart antimicrobial market will be found in the healthcare/medical market over next decade; manufacturers continue to find it difficult to make the case for their products outside of healthcare facilities. Nonetheless, non-healthcare revenues for smart antimicrobials -- for markets such as schools, office, cell phones and food packaging -- will still reach almost $125 million by 2023

- Europe will have a marginal lead over North America for smart antimicrobial coatings spending - by 2023, European sales of smart antimicrobials will reach $870 million compared with approximately $750 million in North America. In Europe the use of smart antimicrobials is being driven by ambitious projects such as Horizon-2020, an initiative by the European Commission that supports various projects working on antimicrobial innovations. By contrast, in the US there are some reservations in applying antimicrobials and the FDA is approving new antimicrobial coatings cautiously.

About n-tech:

n-tech Research is the rebrand of NanoMarkets. Our firm is the recognized leader in industry analysis and forecasts in smart materials and advanced materials more generally. Visit http://www.ntechresearch.com for a full listing of the firm's reports and other services.

---
Press release service and press release distribution provided by http://www.24-7pressrelease.com
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.