LONDON--(EON: Enhanced Online News)--According to the latest market study released by Technavio, the global antibacterial glass market is expected to reach USD 210.03 million by 2020, growing at a CAGR of close to 7%.
“Antibacterial glass is used for storing and packaging food for a long period. There is also an increase in the use of antibacterial glass at areas, such as canteens, restaurants, and food displays”
This research report titled ‘Global Antibacterial Glass Market 2016-2020’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. To arrive at the market size, the report has considered the revenue of key end-user industries of antibacterial glass.
Materials such as silver, copper, zinc, titanium, and zeolite are used to infuse the antibacterial characteristics to the glass. The silver-type antibacterial glass market accounted for 90.76% of the global market share in 2015 and is expected to grow at a CAGR of 6.87% during the forecast period. It is the fastest antibacterial glass market by material type. The dominance of silver type is mainly due to the exceptional antibacterial property, which has application in almost all end-users of antibacterial glass.
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Technavio’s chemicals and materials analysts categorize the global antibacterial glass market into five major segments by end users. They are:
- Food and beverage
- Military equipment
The top three end-user segments for the global antibacterial glass market are:
Global antibacterial glass market in hospital sector
The global antibacterial glass market in the hospital end-user sector accounted for 42.33% of the global market share in 2015. It is the largest end-user of the antibacterial glass and is also growing at the fastest rate. One of the major reasons behind this rise in demand in hospitals is the increase in the number of hospital acquired infection (HAI) cases. Antibacterial glasses are more preferred in hospitals as there is a high chance of growth of harmful microbes in these places and diseases can be transferred to the patients, hospital staffs, and outside visitors if proper precautions are not taken.
According to Swapnil Tejveer Sharma, a lead glass and ceramics analyst from Technavio, “There is an increase in the need for sterile environments in vulnerable hospital areas, such as geriatric wards, intensive care units, oncology wards, maternity wards, hematology wards, isolation and sterilization rooms, burn units, and pharmacies.”
Global antibacterial glass market in food and beverage sector
One of the major causes of food poisoning is the lack of proper hygiene and safety at the food outlets. Materials, such as BPA, which has applications in the packaging of food and beverages, have adverse effects on the human health. Thus, to avoid these harmful materials, antibacterial glass packaging has emerged as an option. This has led to the increase in the demand for antibacterial glass in the food and beverage sector.
“Antibacterial glass is used for storing and packaging food for a long period. There is also an increase in the use of antibacterial glass at areas, such as canteens, restaurants, and food displays,” says Swapnil.
Global antibacterial glass market in military equipment sector
Volatile working conditions in the military areas have increased the susceptibility of the military equipment to microbial activities. Most of the countries have developed chemical and biological warfare. If necessary precautions are not taken, then there is a high chance of contamination and spreading of diseases while handling the military equipment.
Antibacterial hard glass is widely used in the military equipment to protect them from harmful external pathogens. In terms of revenue, the global antibacterial glass market in the military equipment end-user sector was USD 27.12 million in 2015 and is expected to reach USD 37.83 million by 2020, growing at a CAGR of 6.88%.
The top vendors highlighted by Technavio’s research analysts in this report are:
- Asahi Glass
- Glas Trösch Holding
- Nippon Sheet Glass
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