Antibacterial Glass Industry is Expected to go Beyond USD 270 Million by 2024

October 5, 2017 | Author: | Posted in Business

The Global Antibacterial Glass Market size was USD 160 million in 2015 and it is expected to go beyond USD 270 million by 2024. Growing number of Hospital Acquired Infections (HAIs) is said to spur the demand during the forecast period (from 2016 to 2024). Growing demands for antimicrobial coatings along with the rapid technological improvements is projected to positively impact the market growth.

However, strict rules & regulations about the antimicrobial coatings production are said to negatively affect the demand over the next few years. On the other hand, the extensive product implementations in different consumer electronics like phablets, tablets, etc. are expected to fuel the revenue. The global market is divided into applications and regions.

Browse Details of Report @ –  https://www.hexaresearch.com/research-report/antibacterial-glass-industry

The applications sector of the antibacterial glass market comprises food & beverages, hospitals, military equipment, and residential /household. The hospital sector is anticipated to be the leading sector over the estimated years. The sector is expected to grow at a CAGR of over 7 % over the forecast period. This can be attributed to the rising product implementations in isolation rooms including oncology units, burn units, and hematology units as these dedicated critical facilities need 100 % germ-free environment and significant sanitation.

Author:

This author has published 88 articles so far. More info about the author is coming soon.

Leave a Reply

Facebook
Twitter
Google+
Pinterest
LinkedIn
RSS