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According to a new market report, the Asia-Pacific antimicrobial coatings market is estimated to grow to $240 million by 2019 at a CAGR of 12% from 2014 to 2019.
According the consulting firm Kusumgar, Nerlfi & Growney, coating consumption in the Asia-Pacific region is projected to be 16.45 million tons in 2013, worth $48.3 billion.
According to analysis from market research firm Frost & Sullivan, environmental regulations, rising consumer awareness regarding health and the environment, and focus on sustainability have driven the Asia-Pacific water-based coatings market.
