The antibacterial glass market is anticipated to be
worth USD 222.0 million by 2020. Growing number of hospital acquired and
nosocomial infections has increased the risk which is expected to propel
growth. It eliminates majority of the bacteria that may form on its surface and
also prevents spread of fungi. It is used primarily in spaces which require high
degree of hygiene and sterile environment. In addition, rising demand for
smartphones fitted with anti-microbial glass is projected to fuel demand for
anti-bacterial glass. The product offers an architectural solution for
prevention of infections which is further expected to drive product demand in
healthcare settings.
Rising demand for medical device
coatings is projected to positively impact the growth over the forecast period.
However, low consumer awareness regarding the benefits offered by these
products is expected to restrain demand over the forecast period.
Technological advancements
including the development of antibacterial glass for touch screen displays by
U.S. based Corning is expected to present growth opportunities for other
industry players, thereby propelling the growth of the overall industry.
Silver was the most dominant
active ingredient used and accounted for over 90% of market share in 2013. It
is projected to grow at a CAGR of over 6% over the forecast period making it
the fastest growing active ingredient segment. Various properties of silver including
toxicity to micro-organism and imparting anti-bacterial properties is likely to
propel demand over the next six years.
Browse full research report on Antibacterial Glass Market: http://www.grandviewresearch.com/industry-analysis/antibacterial-glass-industry
Hospitals accounted for more than
38% of the global market in 2013 and are expected to grow at a CAGR of more
than 6.5% over the forecast period. Rising need for sterile environment
particularly in vulnerable spaces such as geriatric wards and ICU’s, hospitals
are expected to be the key application areas.
Europe accounted for more than
55% of revenue in 2013. This trend is expected to continue over the forecast
period due to increasing consumer awareness regarding product benefits. It is
expected to witness substantial growth over the forecast period at a CAGR of
more than 6.5% due to presence major industry participants in the region.
Key companies in the industry
include Corning Inc., Saint Gobain, Nippon Sheet Glass, Essex Safety Glass
Ltd., Archello, Morley Glass & Glazing Ltd, Sprinz and AGC Glass Europe.
The industry is characterized by price sensitivity and is consolidated in
nature. Product innovation is expected to be key growth driving strategy ove
Grand View Research has segmented the global antibacterial
glass market on the basis of product and region:
Antibacterial Glass Active Ingredient Outlook (Revenue,
USD Million, 2012 - 2020)
• Silver
• Others
Antibacterial Glass Application Outlook (Revenue, USD Million, 2012 - 2020)
• Hospitals
• Food and Beverage
• Military Equipments
• Household
• Others
Antibacterial Glass Regional Outlook (Revenue, USD Million, 2012 - 2020)
• North America
• Europe
• Asia Pacific
• RoW
• Silver
• Others
Antibacterial Glass Application Outlook (Revenue, USD Million, 2012 - 2020)
• Hospitals
• Food and Beverage
• Military Equipments
• Household
• Others
Antibacterial Glass Regional Outlook (Revenue, USD Million, 2012 - 2020)
• North America
• Europe
• Asia Pacific
• RoW
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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