Antibacterial Glass Market Revenue & Growth Analysis 2024 By Top Players AGC, Essex, Saint-Gobain, Glas Tr?sch Holding, Morley, Beijing JiYan-Tech,NSG, Sprinz, Vetraria Bergamasca Tecnovetro, B?FA Glas, Archello, Ishizuka and Sprinz
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As per a latest study by DecResearch Antibacterial Glass Market size will exceed over USD 270 million by 2023.
Food & beverage segment will witness a growth of over 7% over forecast timeframe. Rising demand for storing and packaging food products for longer periods of time will stimulate the antibacterial glass market share by 2023. Growing number of food displays, canteens, restaurants to maintain quality will positively impact the industry landscape.
Flat glass production requires raw materials including float glass, which requires calcium carbonate (limestone), sodium carbonate (soda), silicon dioxide (sand), among other material. Fluctuating costs of raw materials will adversely impact the antibacterial glass market size as uncertain production patterns lead to stagnated growth of the industry.
Increasing instances of nosocomial infections acquired in hospitals coupled with increasing adoption of antibacterial coatings will drive the global antibacterial glass market. Silver is the preferred active ingredient owing to its high resistance to bacteria. Zeolite, titanium, silicon and copper are other alternatives to silver. Copper is gaining popularity as the preferred material in the powder coating segment.
European antibacterial glass market size is valued over USD 95 million by 2015. Europe is regulated by strict standards to curb spread of bacteria the food and beverages industry. Some of the notable players in the business are Saint-Gobain, Nippon Sheet, AGC Glass, JiYan-Tech, Archello, Vetraria Bergamasca Tecnovetroamong, Essex and others. AGC is well integrated in business value chain, and offers end-to-end solution.
Antibacterial glass market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2012 to 2023, for the following segments:
o Antibacterial Glass Market By Ingredient
o Antibacterial Glass Market By Application
o Food and Beverage
o Military Equipment
North America antibacterial glass market is set to growth over 6% by 2023. Growing focus towards healthcare sector will positively influence the business growth. Advancement of technology coupled with favorable government policies will further complement the industry outlook. In 2015, the U.S. healthcare spending was increased to 5.8 % to reach over $3 trillion an average $9,990 per person.
Asia Pacific antibacterial glass market share is predicted to grow over 6% by 2023. Rising adoption of antimicrobial coating primarily in healthcare sector will boost the product demand. Increasing use in touchscreen displays of mobile phones, phablets and tablets to avoid contraction of infection will positively impact the business growth.
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