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The global antibacterial glass market will be witnessing a tremendous growth prospect over the years to come. Mounting the worldwide population will positively influence the demand for healthcare infrastructure materials such as antibacterial glass. Also, strict regulations mandated by authorities to check the environment inside food & beverage companies will be complementing market growth.
An increasing number of infections due to antibiotic-resistant bacteria, for example, MRSA and E Coli together with nosocomial infections or hospital-acquired infections are anticipated to drive the antibacterial glass market growth.
Antibacterial glass offers a shield against antibiotic-resistant pathogens and helps in averting several fatal diseases, comprising pneumonia and infections in the urinary tract and bloodstream. This, in tandem with the rising awareness concerning the importance of retaining sanitation and hygiene in healthcare clinics and centers, is markedly fuelling market growth.
The growing demand for antibacterial glass to sanitize equipment and machines utilized in the food and beverage (F&B) sector is acting as another development-inducing aspect. Players in the F&B sector are stressing on employing antibacterial glass on food contact surfaces to lessen spoilage from microbial contamination and expanding the food products' shelf-life.
Primarily, silver is utilized for manufacturing antibacterial glass because of its superior antibacterial attributes and capacity to interrupt chemical bonds amid bacteria cells. This has also created a tremendous prospect based on providing antibacterial glass in touchscreen displays of several handheld devices, for instance, tablets, smartphones, and others.
The high cost associated with the antibacterial glass, low awareness among consumers together with low market penetration plays spoilsport in the rapidly growing antibacterial glass market over the assessment period. A strict environmental regulation with regards to the production of antibacterial glass is one of the prominent constraining factors.
The COVID-19 pandemic has exposed unnoted weaknesses in the world’s infectious disease observations and response capabilities. Government and market players remain focused on steering the current crisis; however smart investments now can both quicken COVID-19 response and fortify public-health systems to diminish the chance of future pandemics.
Antibacterial glass market will have a crucial role to play as well as witness a positive demand, as several countries lack appropriate healthcare infrastructure to face the COVID-19 pandemic.
Europe remains the epicenter of development prospects in the global antibacterial glass market mainly owing to stringent regulations imposed on hospitals and several manufacturing facilities. The presence of prominent manufacturers such as AGC Glass and Saint-Gobain SA further inflates the market scope and continues the market growth.
The Asian region is witnessing rapid growth due to surging demand from the healthcare industry. According to WHO, about 10% of hospitalized patients suffer from Hospital Acquired Infections(HAI’s) in developing countries, such as China and India.
Antibacterial glass is widely employed in geriatric oncology units, maternity wards, and burn units. Healthcare professionals are focusing on to counter infections and diseases that have contributed to the need for antibacterial glass products in the region.
The global market is fragmented by the existence of fewer market players. Major players active in the global antibacterial glass market include Kastus, AGC Inc., Smartglass International Limited, Morley Glass & Glazing Ltd., Ishizuka Glass Co., Ltd., and Joh. Sprinz GmbH & Co. KG. Players are focusing on research & development activities to improve the technical expertise of manufacturing products as well as processes. For instance,
ZetaDisplay AB has entered into a joint venture with Kastus to offer its patented antimicrobial surface coating technology. The novel technology has been proven (up to 99.9%) to be efficient against surface fungi and bacteria incorporating antibiotic-resistant superbugs such as E. coli and MRSA were blocked on the treated surface.
ACG has launched antibacterial glasses for several applications such as pharmacies, hospitals, and health spas. It destroys 99.9% of bacteria which forms on a surface and inhibit the microbial germs spread.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
