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Allied Market Research

Antibacterial Glass Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

A06898
Pages: NA
Dec 2020 | 109 Views
 
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Antibacterial Glass Market Analysis 2020-2027:

Antibacterial glass has been known to prevent transmission of fungi and bacteria. It will prove efficacious against bacteria, including Escherichia Coli, Staphylococcus Aureus, and Pseudomonas Aeruginosa. It can be produced by using silver or by combining both zinc and copper. Owing to the superior antibacterial properties and ability to interrupt chemical bond among bacteria cells, silver is used for the production of antibacterial glass. The silver which is used in microbial inhibition can be applicable in various forms, including silver salt, silver nanoparticles, and silver zeolite. Antibacterial glass finds its application in hospital, defense equipment, mirrors, wall covering, and touchscreen electronic goods. Processes such as coatings and infusions are used to manufacture antibacterial glass. They are particularly used in environments that require a high degree of sterility. Rise in need for sterile environment particularly in vulnerable spaces such as ICUs, geriatric wards, and hospitals is a key factor that contributes toward the growth of the global antibacterial glass market.

Market scope and structure analysis

                          Report Metric

                                Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast unit

  Value (USD)

  Segments covered

  Active Ingredient, Application and Region

  Regions covered

North America (U.S., Mexico, and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia and the Rest of LAMEA)

  Companies covered

AGC, Archello, Beijing JiYan-Tech Co. Ltd, BÜFA Glas GmbH, Corning Inc., Essex Safety Glass Ltd., Ishizuka Glass Company Limited, Morley Glass & Glazing, Nippon Sheet Glass, and Saint-Gobain

 

Key drivers of global antibacterial glass market

Increase in demand for antibacterial coating from several end-user industries such as hospital and food & beverage is anticipated to augment the growth of global antibacterial glass. Its functionality to curb the transmission of microbes makes its favorable when compared to other alternatives, thereby boosting its demand, globally. In addition, increase in pervasiveness of nosocomial infections, which cause urine tract infections, bloodstream infections, and pneumonia is projected to positively influence the growth of the antibacterial glass market. Moreover, this glass is efficient against extended spectrum beta lactamase (ESBL), therefore, offer a higher level of hygiene and sanitation in medical institution.

Market scenario: opportunities and challenges

Increase in need for antimicrobial glasses in consumer electronics such as phablets, tablets, and phones is expected to act as an opportunity in the near future, which will positively encourage the antibacterial glass market growth during the projected timeframe. In addition, hospitals are susceptible for bacterial growth, thus they require a pathogen-free environment. Hospital departments such as burn units, maternity wards, geriatric units, oncology, and various other surgery departments utilize antibacterial glass, which augment the growth of the global market. In addition, owing to rise in health concerns, the healthcare sector has witnessed significant development in in the recent past, and is expected to continue a similar trend over the next few years. This trend is projected to benefit the global antibacterial glass market growth. However, low market penetration along with high product price is expected to restrain the market growth. 

COVID-19 scenario analysis

Owing to the outbreak of the COVID-19 pandemic, the global antibacterial glass market is expected to witness a slowdown during the next couple of years. Governments of various countries have implemented lockdown, which has led to shutdown of factories in scores of cities and provinces across the world, thus leading to predictions of a sharp slowdown in the output from commercial to industrial sector. Declining growth of the oil exploration activities is one of the key factors that is likely to negatively impact the growth of antibacterial glass market. Moreover, companies are dealing with missing sales and disrupted supply chains as production activities are shutdown. However, rise in focus of the medical sector toward new product development to counter infections and diseases is anticipated to further promote the growth of the antibacterial glass market.

Key segments covered

                                   Segment

                               Sub-segment

  Active Ingredient

  • Silver
  • Others

  Application

  • Hospitals
  • Food and Beverage
  • Military Equipment
  • Household
  • Others

 

Key benefits of the report

  • This study presents the analytical depiction of the global antibacterial glass industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global antibacterial glass market share.
  • The current market is quantitatively analyzed from 2019 to 2027 to highlight the global antibacterial glass market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the global antibacterial glass market research report:

  • Which are the leading market players active in the antibacterial glass market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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