Antimicrobial Coating Market

Antimicrobial coatings market size is expected to increase from USD 3,474 million in 2020 to USD 7,871 million in 2028, registering a CAGR of 10.90% over the forecast period (2021-2028), owing to the growing demand for antimicrobial coatings across food, healthcare, and medical sector.

To have an edge over the competition by knowing the market dynamics and current trends of “Antimicrobial Coating Market”, request for Sample Report here

Major Antimicrobial Coating Market Drivers

Increasing application of antimicrobial coatings on commonly touched surfaces such as glass panels, doors, walls, and counters to prevent microbial contamination is the major factor propelling the antimicrobial coating market growth. Further, the growing concerns about hygiene have surged the demand for these coatings as they are safe, less toxic, and biocompatible. Moreover, leading producers from textile, electronic manufacturers, and consumer goods industries are emphasizing on the development of antimicrobial products to cater to the changing preference of consumers, thereby, boosting the market growth.

With the increasing incidences of healthcare-associated infections, antimicrobial coatings have gained huge prominence in the medical and healthcare sector as they help reduce infection. Healthcare-associated infections are the main cause of mortality, and nearly 1 out of 25 patients suffer from these infections, according to the U.S. Department of Health and Human Services. Thus, government bodies have taken strategic initiatives to spread awareness about HAI and encourage the use of antimicrobial coatings. Another factor contributing to the market growth is their usage in the food packaging sector, owing to the growing demand for safe food products. In accordance with the world health organization, unsafe food leads to nearly 600 million cases of foodborne diseases each year, resulting in 30% of deaths among children under five years. However, the high cost of antimicrobial coatings than the traditional coating products will restrain the market growth.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

Material- Segment Analysis

Silver is projected to lead the antimicrobial coating market during the forecast period. Silver ensures the safety and sterility of the workplace by inhibiting the growth of microbes, bacteria, and viruses like COVID-19 on frequently touched surfaces. Also, the durability, endurance, and innocuous and naturally curing properties of silver increase its demand as an antimicrobial agent.

Application- Segment Analysis

Healthcare segment is forecast to expand at the highest CAGR over the forecast period because of the rising concern about healthcare-associated diseases caused by contaminated devices. With the rising incidences of viral outbreaks like coronavirus, the demand for antimicrobial coatings has increased because of the increasing initiatives by the government to protect doctors and medical workers from infection.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization her

Regional – Segment Analysis:

North America is expected to hold a larger share over the forecast period, owing to the expansion across the healthcare industry. Also, the strong presence of leading producers and increasing investment to establish a strong healthcare system has driven the regional growth. Rising cases of food infection because of microbial contamination in the developed regions like the U.S. have contributed to the market growth. According Centers for Disease Control and Prevention (CDC), the U.S. witnesses nearly 48 million cases of foodborne illness each year.

Top Market Players

Leading players in the market include, Lonza Group ltd, PPG Industries, Akzo Nobel N.V., Axalta Coating Systems, Sherwin-Williams Company, Dow, Nippon Paint Holding Co ltd, E.I. DU PONT DE NEMOURS, RPM International Inc, Sciessent LLC, among others.

Key Developments:

• • • In 2020, Biotech and Microbial control company, Zonitise introduced its antimicrobial surface coating that destroys harmful pathogen like TGEV coronaviruses up until twelve months after one application
    • In 2020, Appvion operation introduced an antimicrobial coating technology (SafeShield), which stops replication of bacteria on paper.
      In December 2020, Nippe Home Products Co., Ltd. Initiated a sale of ‘Protection Interior Wall VK-200 for DIY,’ an anti-viral and anti-bacterial water-based paint for indoor use.
    • In May 2020, PPG Industries introduced a quick-ship program for PPG SILVERSAN antibacterial powder coating formulated majorly with silver ionic technology.

Segments covered in the Report:

The global antimicrobial coating market has been segmented based on material, application, and region. Based on material, the market is segmented into silver based, copper based and other metal-based coating. Based on application, the market is segmented into construction, home appliance, healthcare, food packaging and others. 

For detailed scope of the “Antimicrobial Coating Market” report request a Sample Copy of the report

Market Segmentation

Global Antimicrobial Coating Market by Material

• • Silver based
  • Copper based
  • Other metal based

Global Antimicrobial Coating Market by Application

• • Construction
  • Home appliance
  • Healthcare
  • Food packaging
  • Others

Global Antimicrobial Coating Market by Region

• • North America Antimicrobial Coating Market (Option 1: As a part of the free 25% customization)

    • By Material
    • By Application
    • US Market All-Up
    • Canada Market All-Up

  • Europe Antimicrobial Coating Market (Option 2: As a part of the free 25% customization)

    • By Material
    • By Application
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up

  • Asia-Pacific Antimicrobial Coating Market (Option 3: As a part of the free 25% customization)

    • By Material
    • By Application
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up

  • RoW Antimicrobial Coating Market (Option 4: As a part of the free 25% customization)

    • By Material
    • By Application
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating in the Grid-Scale Energy Storage (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Akzo Nobel N.V.
  • Lonza Group ltd
  • PPG Industries
  • Axalta Coating Systems
  • Sherwin-Williams Company
  • Dow
  • I. DU PONT DE NEMOURS
  • Nippon Paint Holding Co ltd
  • RPM International Inc
  • Sciessent LLC