Industry Insight
The global antimicrobial coating market was worth USD 2.44 billion in 2015. Indian pharmaceutical companies are driving into antimicrobial market to be in line with the regulatory standards. The effect of micro-organisms on people improves health concerns owing to boost the market over the forecast period.
Industries such as food and beverages, pharmaceuticals, packaging, hospitality and private & public water treatments drive the market positively over the coming years. Hygiene and cleanliness in various manufacturing and process industries have led the rapid advancement of this industry. Micro-organisms such as parasites, germs, and microorganism which are primarily developed on the surfaces can be restricted.
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Antimicrobial coatings are developed to limit the growth of micro organisms on the surface. With the advancements in health care sectors and rising concern for the increase in infection due to the environment boost the overall market growth. With the greater impact on microorganism development and survival, it is mostly used in disinfectants and cleaning agents. The market is cost effective and time efficient which are the key drivers for the industry growth. With the ever degrading immune system of today’s human species, antimicrobial coatings help in stopping the spread of germs.
Antimicrobial coatings have been in the healthcare industry for sterilization of medical instruments to hospital associated infections, which have accounted for around 100,000 deaths in the U.S. With the application of these over children toys to everything increases, the chances of taking out even the ecological microorganism are of a concern. U.S. FDA and MHRA have raised the concern on the usage of silver in the product which can be a key hindrance for the overall demand. Copper and alloys (bronze, copper copper-nickel-zinc, and others) are an innovation as they are natural antimicrobial materials in antimicrobial surfaces as they can destroy a variety of microorganisms due to their intrinsic properties.
U.S. FDA has provided certain regulations for drug-device combinations which except to boost the market over the forecast period. They meet the safety and efficacy part based on specified requirements. In recent past, the application directly on the local surface is considered more.
Product Insights
Surface modification and coatings dominated the product segment accounting for a market share of around 55.7% of total volume in 2015. Modification and antimicrobial powder coatings are the key product segments in this market. The main concern of paint process segment is protection of the dry film against fungal and algae growth. So, biocides are used to maintain the product’s usage period and to preserve the desired look of the painted surface for a longer period.
Medical and surgical devices use the coating of silver nanoparticles which destroys the microorganism cell membranes that are used to avoid bacterial adhesion and formation of bio-film. The extended release of silver nano particles helps in killing the bacteria near the surface with low toxicity.
Application Insights
The use of antimicrobial coatings can be found in water treatment, medical and commercial purposes. Key applications include food and beverage processing, packaging, sanitary facilities and kitchen, air conditioning and ventilation systems, antimicrobial textile, construction, mold remediation and others segment.
With the most chances of contamination and infection through the air in any process industry, AHU and ventilation systems were the market leaders with 26.8% of total volume in 2015. Rising initiatives and research by health & safety department and few private NGO to educate schools about air quality and its cleanliness taken by government is projected to boost the market over the forecast period.
Regional Insights
With over 35% of market share North American market dominated the overall regional segment. The region is expected to grow at a CAGR of 11.1% from 2016 to 2025. High living standards coupled with growing healthcare and facility expenditure in the U.S. are the major driving forces. The growth of major industries such as medical, construction, paint, automobile and food mainly in Asia Pacific region will serve as major opportunities for investment in this region.
Competitive Insights
The industry displays oligopolistic features with a few large enterprises holding a significant share of the total revenue generated by the overall market. Some of the key companies include Pertinax Pharma, HeIQ Materials, AkzoNobel NV, Damond Vogel, Kastus, Nanograde, Dow Microbial Control and Sherwin-Williams among others.
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Market Segment:
Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
• Antimicrobial powder coatings
• Silver
• Copper
• Other
• Surface modifications and coatings
• E. Coli
• Listeria
• Pseudomonas
• Others
Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
• Sanitary facilities and kitchen
• Air conditioning and ventilation systems
• Food processing and packaging
• Antimicrobial textile
• Mold remediation
• Construction
• Other applications
Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
• North America
• U.S.
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• India
• Central & South America
• Middle East & Africa
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Industry InsightThe Global Antimicrobial Coating Market was worth USD 2.44 billion in 2015.
The effect of micro-organisms on people improves health concerns owing to boost the market over the forecast period.Industries such as food and beverages, pharmaceuticals, packaging, hospitality and private & public water treatments drive the market positively over the coming years.
Micro-organisms such as parasites, germs, and microorganism which are primarily developed on the surfaces can be restricted.Antimicrobial coatings are developed to limit the growth of microorganisms on the surface.
With the ever degrading immune system of today’s human species, antimicrobial coatings help in stopping the spread of germs.Antimicrobial coatings have been in the healthcare industry for sterilization of medical instruments to hospital associated infections, which have accounted for around 100,000 deaths in the U.S. With the application of these over children toys to everything increases, the chances of taking out even the ecological microorganism are of a concern.
The main concern of paint process segment is protection of the dry film against fungal and algae growth.
With the most chances of contamination and infection through the air in any process industry, AHU and ventilation systems were the market leaders with 26.8% of total volume in 2015.
The global Material Handling Equipment Market size is anticipated to reach $41.1 billion by 2025.
The market is projected to witness the high growth owing to the increasing manufacturing activities in the pharmaceuticals, chemical, food & beverages and automotive industries paired with safety concerns over the workplace.
started an evolution in the industries which efficiently perform tasks with error free and time & cost saving manufacturing processes, may fuel the market growth.
Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/materials-handling-equipment-market/request-sample Market Synopsis of Material Handling Equipment Market: The increasing demand for retrieval systems and automated storage in pharmaceutical, food & beverages, chemical, and automotive industries are expected to be a key driving factor of the market growth due to the adoption of equipment by manufacturers in warehouses as well as the distribution & production centers.
Trucks are the dominating segment of handling equipment and had the highest market share in 2015.
However, retrieval systems & automated storage is likely to acquire significant market share over the forecast period owing to increased adoption of the automation systems across the APAC.
Feb 26, 2021: Global High Purity Alumina Market is anticipated to reach USD 6.41 billion by 2024.
High Purity Alumina (HPA) is a high margin, high-value, and is in great demand as it is the critical ingredient essential to produce synthetic sapphire.
The factors that propel the growth of the high purity alumina market include growing end-user applications such as sapphire, semiconductors, LEDs, and phosphor, growing technological developments, and increasing saturation of LEDs in the lighting market.
On the other hand, there are factors that may hamper the growth of the market including higher cost of production.
High purity alumina industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.Download sample Copy of This Report at: https://www.millioninsights.com/industry-reports/high-purity-alumina-market/request-sampleHigh purity alumina market could be explored by type, technology, application, and geography.
The key factors that could be attributed to the growth of market include increasing use, lower manufacturing costs, low impurity clay feedstock, and easy accessibility of smelter grade alumina.Based on technology, the high purity alumina industry could span Hydrochloric acid leaching and Hydrolysis.
The scope of the global Soup Market was prized by US$ 16.1 billion in 2018 and is estimated to reach USD 19.8 billion by 2025, with a CAGR of 3.0% during the period of forecast.
The soup is a liquid nourishment usually served as a speedy meal in hot condition.
By Product, it can be classified as UTH, Canned, Dried, Instant, Dehydrated, Preserved, Canned, Frozen, Canned and Others.
The state posted profit of US$ 6.4 billion in 2018.
Some of the important companies for soup market are Baxter’s Food Group Limited, Bear Creek Country Kitchens LLC, TSC Foods, Nestlé, Campbell Soup Company, and Associated British Foods PLC.
Additional notable companies are Kraft Heinz Canada, Unilever Food Solutions, CSC BRANDS LP, General Mills Inc., Con Agra Brands Inc., Symington's Ltd., Premier Foods, Hain Celestial, Kettle Cuisine LLC, The Original Soup man, The Kroger Co., AMY's Kitchen Inc., Maruchan Inc., and others.
Rising acceptance, particularly in Latin America, Asia Pacific, and the Middle East, are anticipated to drive the growth of the market.
Numerous benefits together with longer stability along with reliability are also expected to help the growth of the industry over the coming yearsGrowing disposable income of the consumer, predominantly in countries such as China, Brazil along with India coupled with the increasing need for faster transportation facilities may elevate the demand for the elevator.
The elevator industry is hovering for growth owing to superior control of elevator traffic and the growing requirement for improved energy efficiency worldwide.Request a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/smart-elevator-marketExpansion of products that utilize renewable energy sources is likely to offer new development avenues in the upcoming years.
Extensive usage in different sector like industrial, commercial as well as residential areas is further liable to drive the growth of the market.
Elevator access control & security market helped in accounting more than 35% of the overall share in 2014, but this proportion may decrease over the coming years.Maintenance segment is estimated to demonstrate considerable development in upcoming few years which may credit to increasing maintenance related activities of already installed products in mature markets such as North America along with Europe.Application InsightsResidential segment has for over 20% of the total revenue share in 2014 which is anticipated to rise over the forecast period.
Industrial segment is probable to appear as the fastest growing application in next few years owing to the mounting demand for energy-efficient solutions which results in increasing acceptance.The commercial segment may observe significant development over the given forecast period due to advantages such as reduced operational cost, low power consumption, and cost savings.View Full Report with TOC @ https://www.millioninsights.com/industry-reports/smart-elevator-market/request-sampleRegional InsightsIn 2014 North America smart elevator market was a leading regional segment as well as accounted for more than 40% of the revenue.
Industry InsightsThe global rice protein market size was estimated over 11 kilo tons in 2015.
The unique amino acid profile of these additives is driving their application in end-use industries such as pharmaceuticals and cosmetics.Rice protein finds its application in the manufacturing of functional foods, dietary supplements, energy bars, and sports & energy drinks, owing to which the demand is expected to grow rapidly over the forecast period.
The growing demand for sports nutrition products is expected to further augment demand for concentrates over the forecast period.Application InsightsMajor applications of rice protein include pharmaceuticals, cosmetics, food & beverages, and animal feed.
Growing demand for products such as supplements, dairy alternatives, and sports drinks is anticipated to act as a major driver.Growing awareness regarding benefits of plant-based medicines is likely to act as a major driver for growing demand in pharmaceuticals.
The presence of a large number of manufacturers coupled with the high adoption rate of new products is expected to boost market growth.Asia Pacific is expected to be the fastest growing region due to growing disposable incomes in emerging economies of China and India.
Increasing awareness regarding healthy lifestyles coupled with growing demand for protein-based nutritional foods is likely to fuel market growth over the forecast period.The report “Rice Protein Market Size & Forecast Report 2014 - 2025” is available now at https://www.millioninsights.com/industry-reports/rice-protein-marketCompetitive InsightsThe key players in the market are Nutrition Resource Inc., Axiom Foods Inc., AIDP Inc., and RiceBran Technologies.
