Antimicrobial Coatings Market Report
RA06185
Antimicrobial Coatings Market by Product (Antimicrobial Powder Coatings and Surface Modifications & Coatings), Application (Sanitary Facilities & Kitchen, Air Conditioning & Ventilation System, Antimicrobial Textile, Food Processing & Packaging, Construction, Mold Remediation, Medical Device, and Others), and Region (North America, Europe, Asia-Pacific, and LAMEA): Opportunity Analysis and Industry Forecast, 2023-2032
Antimicrobial Coatings Overview
Surface treatments known as antimicrobial coatings are used on a variety of materials and objects to prevent or stop the growth of microorganisms such bacteria, viruses, fungus, and moulds. Particularly in healthcare settings, food processing facilities, public areas, and consumer products, these coatings have grown significantly in relevance. Antimicrobial coatings are primarily used to stop the spread of illnesses and keep the environment clean. These coatings can lessen the spread of diseases and enhance general cleanliness by preventing the growth of microbes on surfaces. Multiple mechanisms are used by antimicrobial coatings to function. Some antimicrobial chemicals released by some coatings include silver, copper, zinc, or quaternary ammonium compounds, which have inherent properties that can kill or inhibit the growth of germs. Others use electrostatic forces or physical barriers to stop microbes from adhering to and colonising surfaces.
Global Antimicrobial Coatings Market Analysis
The global antimicrobial coatings market size was $10.4 billion in 2022 and is predicted to grow with a CAGR of 13.9%, by generating a revenue of $37.5 billion by 2032.
COVID-19 Impact on Global Antimicrobial Coatings Market
The COVID-19 pandemic had a profound impact on the antimicrobial coatings market. During the pandemic, the need for antimicrobial coatings has significantly increased. In addition, the desire for self-disinfecting surfaces has been spurred by concern over surface transmission. Antimicrobial coatings that provide ongoing and durable disinfection properties have drawn a lot of interest. These coatings are made to destroy microorganisms on surfaces or to prevent their growth, which eliminates the need for routine manual disinfection and adds an additional layer of pathogen defence. During the pandemic, public areas including airports, shopping centres, and schools have experienced numerous difficulties. Surfaces in these areas feature antimicrobial coatings to improve hygiene and inspire visitors' confidence. Coated surfaces such as handrails, lift buttons and doorknobs contribute to a safer environment, giving people who are concerned about surface transmission some peace of mind.
The necessity for effective and long-term infection control techniques has been highlighted by the pandemic. Antimicrobial coatings will be used in these initiatives across a wide range of industries, including healthcare, food processing, hospitality, transportation, and public spaces. Because of their durability and efficiency, antimicrobial coatings are a valuable method for preventing microbial contamination and reducing the spread of illnesses.
Increasing Focus on Hygiene and Infection Control to Drive the Market Growth
The COVID-19 pandemic has brought attention to the significance of worldwide infection control and prevention. Antimicrobial coating demand has increased because of the pandemic, especially in industries including healthcare, public transit, and high-traffic public areas. The market for antimicrobial coatings is expanding due to the requirement for resilience and readiness against infectious illnesses. By avoiding infections and their related problems, antimicrobial coatings can help save healthcare expenses. By adding antimicrobial coatings to medical devices, hospitals can reduce the occurrence of device-related infections, which can result in longer hospital stays and greater healthcare expenses. Antimicrobial coatings are becoming more popular as they are available at lower costs and increase efficiency in healthcare settings.
Development of Resistance in Bacteria to Restrain Market Growth
Antimicrobial coatings, if used frequently and continuously, may cause bacteria to become resistant. Microorganisms may be able to adapt to antimicrobial substances employed in coatings and develop resistance mechanisms, which would eventually limit the coatings' effectiveness. It is critical to monitor and control the threat of resistance by employing antimicrobial coating responsibly, replacing them properly, and doing continuing research. The resilience of antimicrobial coatings can be a great problem. Additionally, some coatings may deteriorate or lose their antimicrobial efficacy over time due to factors such as regular wear and tear, exposure to harsh cleaning agents, or surface abrasion. To make sure that these coatings retain their antibacterial efficiency over time, more research and development is still ongoing.
Expansion into Consumer Goods to Drive Excellent Opportunities
Consumer products like electronics, textiles, and home goods have already incorporated antimicrobial coatings. However, there is still room for growth into a larger assortment of consumer goods. In light of the COVID-19 pandemic in particular, consumers are becoming more interested in buying products that provide antimicrobial protection. Manufacturers can improve product safety and hygiene by adding antimicrobial coatings to common objects, luring customers who value cleanliness and germ resistance. The coatings business is placing an increasing emphasis on sustainability issues. There is an opportunity to develop antimicrobial coatings that are both environmentally friendly and less damaging to the environment. Manufacturers can focus on reducing the use of dangerous chemicals, creating coatings with biodegradable antimicrobial agents, and streamlining coating application processes to minimise waste. Antimicrobial coatings will gain a competitive edge and find new markets if they can satisfy the rising demand for eco-friendly solutions.
Global Antimicrobial Coatings Market Share, by Product, 2022
The surface modifications & coatings sub-segment accounted for the highest share in 2022. Surface modifications and coatings have the potential to improve the antibacterial properties of materials and surfaces. These coatings can successfully stop the growth and spread of microbes, such as bacteria, viruses, and fungi, by integrating antimicrobial chemicals or altering surface properties, including roughness or charge. The need for improved antibacterial efficacy drives the development of advanced surface modifications and coatings.
Global Antimicrobial Coatings Market Share, by Application, 2022
The medical device sub-segment accounted for the highest market size in 2022. Infections transmitted by medical devices such as catheters, implants, and surgical equipment pose a major risk to patients. Medical equipment with antimicrobial coatings helps prevent microbial colonisation and lowers the risk of infections related to healthcare. The primary driver for the medical device sub-segment of the antimicrobial coatings market is the rising need to improve infection prevention and control processes. Medical device innovation is facilitated by ongoing developments in materials science, surface modification methods, and coating technologies. To increase the efficiency and endurance of coatings on medical equipment, researchers and manufacturers are experimenting with new antimicrobial agents, coating formulas, and application techniques. These technological advancements for the design and adoption of antimicrobial coatings drive the medical device sub-segment.
Global Antimicrobial Coatings Market Share, by Region, 2022
The North America antimicrobial coatings market accounted for the highest market share in 2022. One of the biggest markets for antimicrobial coatings worldwide is North America. The region dominates the market as it possesses a robust healthcare industry, strict regulatory requirements, and high degree of cleanliness and infection control awareness. With reasons including rising healthcare costs, greater focus on infection prevention, and growing demand from sectors like food processing and hotels, the market for antimicrobial coatings in North America has been growing gradually.
Competitive Scenario in the Global Antimicrobial Coatings Market
Product development and R&D Investment are major players functioning in the highly competitive global antimicrobial coatings market. PPG Industries, Inc. Announced, in March 2022, that a research and development facility would open in Milan, Italy. This R&D facility will create cutting-edge powder coating technologies.
Some of the leading antimicrobial coatings market players are AkzoNobel N.V., Nippon Paint Holdings Co., Ltd., AK Steel Corp., Lonza, Diamond Vogel, PPG Industries, Inc., DuPont, Koninklijke DSM N.V., Axalta Coating Systems, RPM International Inc., and Burke Industrial Coatings.
Aspect | Particulars |
Historical Market Estimations | 2021 |
Base Year for Market Estimation | 2022 |
Forecast Timeline for Market Projection | 2023-2032 |
Geographical Scope | North America, Europe, Asia-Pacific, and LAMEA |
Segmentation by Product |
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Segmentation by Application |
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Key Companies Profiled |
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Q1. What is the size of the antimicrobial coatings market?
A. The size of the antimicrobial coatings market was over $10.4 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 13.9% during the forecast period.
Q2. Which are the major companies in the antimicrobial coatings market?
A. Lonza and DuPont are some of the key players in the global antimicrobial coatings market.
Q3. : Which region, among others, possesses greater investment opportunities in the near future?
A. The North America region possesses great investment opportunities for investors to witness the most promising growth in the future.
Q4. What are the strategies opted by the leading players in this market?
A. Product development and R&D Investment are the two key strategies opted by the operating companies in this market.
Q5. Which companies are investing more on R&D practices?
A. Lonza and DuPont are the companies investing more on R&D activities for developing new products and technologies.
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1. RESEARCH METHODOLOGY
1.1. Desk Research
1.2. Real time insights and validation
1.3. Forecast model
1.4. Assumptions and forecast parameters
1.5. Market size estimation
1.5.1. Top-down approach
1.5.2. Bottom-up approach
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2. REPORT SCOPE
2.1. Market definition
2.2. Key objectives of the study
2.3. Report overview
2.4. Market segmentation
2.5. Overview of the impact of COVID-19 on Global Antimicrobial Coatings Market
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3. EXECUTIVE SUMMARY
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4. MARKET OVERVIEW
4.1. Introduction
4.2. Growth impact forces
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.3. Market value chain analysis
4.3.1. List of raw material suppliers
4.3.2. List of manufacturers
4.3.3. List of distributors
4.4. Innovation & sustainability matrices
4.4.1. Technology matrix
4.4.2. Regulatory matrix
4.5. Porter’s five forces analysis
4.5.1. Bargaining power of suppliers
4.5.2. Bargaining power of consumers
4.5.3. Threat of substitutes
4.5.4. Threat of new entrants
4.5.5. Competitive rivalry intensity
4.6. PESTLE analysis
4.6.1. Political
4.6.2. Economical
4.6.3. Social
4.6.4. Technological
4.6.5. Environmental
4.7. Impact of COVID-19 on Antimicrobial Coatings Market
4.7.1. Pre-covid market scenario
4.7.2. Post-covid market scenario
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5. Antimicrobial Coatings Market, By Product
5.1. Overview
5.2 Antimicrobial Powder Coatings
5.2.1 Definition, key trends, growth factors, and opportunities
5.2.2 Market size analysis, by region, 2020-2027
5.2.3 Market share analysis, by country, 2020-2027
5.3 Surface Modification And Coatings
5.3.1 Definition, key trends, growth factors, and opportunities
5.3.2 Market size analysis, by region, 2020-2027
5.3.3 Market share analysis, by country, 2020-2027
5.4 Research Dive Exclusive Insights
5.4.1 Market attractiveness
5.4.2 Competition heatmap
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6. Antimicrobial Coatings Market, By Application
6.1. Overview
6.2 Sanitary Facilities And Kitchen
6.2.1 Definition, key trends, growth factors, and opportunities
6.2.2 Market size analysis, by region, 2020-2027
6.2.3 Market share analysis, by country, 2020-2027
6.3 Air Conditioning And Ventilation Systems
6.3.1 Definition, key trends, growth factors, and opportunities
6.3.2 Market size analysis, by region, 2020-2027
6.3.3 Market share analysis, by country, 2020-2027
6.4 Food Processing And Packaging
6.4.1 Definition, key trends, growth factors, and opportunities
6.4.2 Market size analysis, by region, 2020-2027
6.4.3 Market share analysis, by country, 2020-2027
6.5 Antimicrobial Textile
6.5.1 Definition, key trends, growth factors, and opportunities
6.5.2 Market size analysis, by region, 2020-2027
6.5.3 Market share analysis, by country, 2020-2027
6.6 Mold Remediation
6.6.1 Definition, key trends, growth factors, and opportunities
6.6.2 Market size analysis, by region, 2020-2027
6.6.3 Market share analysis, by country, 2020-2027
6.7 Construction
6.7.1 Definition, key trends, growth factors, and opportunities
6.7.2 Market size analysis, by region, 2020-2027
6.7.3 Market share analysis, by country, 2020-2027
6.8 Medical Devices
6.8.1 Definition, key trends, growth factors, and opportunities
6.8.2 Market size analysis, by region, 2020-2027
6.8.3 Market share analysis, by country, 2020-2027
6.9 Other
6.9.1 Definition, key trends, growth factors, and opportunities
6.9.2 Market size analysis, by region, 2020-2027
6.9.3 Market share analysis, by country, 2020-2027
6.10 Research Dive Exclusive Insights
6.10.1 Market attractiveness
6.10.2 Competition heatmap
7. Antimicrobial Coatings Market, By Region
7.1 North America
7.1.1 U.S
7.1.1.1 Market size analysis, By Product, 2020-2027
7.1.1.2 Market size analysis, By Application, 2020-2027
7.1.2 Canada
7.1.2.1 Market size analysis, By Product, 2020-2027
7.1.2.2 Market size analysis, By Application, 2020-2027
7.1.3 Mexico
7.1.3.1 Market size analysis, By Product, 2020-2027
7.1.3.2 Market size analysis, By Application, 2020-2027
7.1.4 Research Dive Exclusive Insights
7.1.4.1 Market attractiveness
7.1.4.2 Competition heatmap
7.2 Europe
7.2.1 Germany
7.2.1.1 Market size analysis, By Product, 2020-2027
7.2.1.2 Market size analysis, By Application, 2020-2027
7.2.2 UK
7.2.2.1 Market size analysis, By Product, 2020-2027
7.2.2.2 Market size analysis, By Application, 2020-2027
7.2.3 France
7.2.3.1 Market size analysis, By Product, 2020-2027
7.2.3.2 Market size analysis, By Application, 2020-2027
7.2.4 Spain
7.2.4.1 Market size analysis, By Product, 2020-2027
7.2.4.2 Market size analysis, By Application, 2020-2027
7.2.5 Italy
7.2.5.1 Market size analysis, By Product, 2020-2027
7.2.5.2 Market size analysis, By Application, 2020-2027
7.2.6 Rest of Europe
7.2.6.1 Market size analysis, By Product, 2020-2027
7.2.6.2 Market size analysis, By Application, 2020-2027
7.2.7 Research Dive Exclusive Insights
7.2.7.1 Market attractiveness
7.2.7.2 Competition heatmap
7.3 Asia-Pacific
7.3.1 China
7.3.1.1 Market size analysis, By Product, 2020-2027
7.3.1.2 Market size analysis, By Application, 2020-2027
7.3.2 Japan
7.3.2.1 Market size analysis, By Product, 2020-2027
7.3.2.2 Market size analysis, By Application, 2020-2027
7.3.3 India
7.3.3.1 Market size analysis, By Product, 2020-2027
7.3.3.2 Market size analysis, By Application, 2020-2027
7.3.4 Australia
7.3.4.1 Market size analysis, By Product, 2020-2027
7.3.4.2 Market size analysis, By Application, 2020-2027
7.3.5 South Korea
7.3.5.1 Market size analysis, By Product, 2020-2027
7.3.5.2 Market size analysis, By Application, 2020-2027
7.3.6 Rest of Asia-Pacific
7.3.6.1 Market size analysis, By Product, 2020-2027
7.3.6.2 Market size analysis, By Application, 2020-2027
7.3.7 Research Dive Exclusive Insights
7.3.7.1 Market attractiveness
7.3.7.2 Competition heatmap
7.4 LAMEA
7.4.1 Brazil
7.4.1.1 Market size analysis, By Product, 2020-2027
7.4.1.2 Market size analysis, By Application, 2020-2027
7.4.2 Saudi Arabia
7.4.2.1 Market size analysis, By Product, 2020-2027
7.4.2.2 Market size analysis, By Application, 2020-2027
7.4.3 UAE
7.4.3.1 Market size analysis, By Product, 2020-2027
7.4.3.2 Market size analysis, By Application, 2020-2027
7.4.4 South Africa
7.4.4.1 Market size analysis, By Product, 2020-2027
7.4.4.2 Market size analysis, By Application, 2020-2027
7.4.5 Rest of LAMEA
7.4.5.1 Market size analysis, By Product, 2020-2027
7.4.5.2 Market size analysis, By Application, 2020-2027
7.4.6 Research Dive Exclusive Insights
7.4.6.1 Market attractiveness
7.4.6.2 Competition heatmap
8. Competitive Landscape
8.1 Top winning strategies, 2020-2027
8.1.1 By strategy
8.1.2 By year
8.2 Strategic overview
8.3 Market share analysis, 2020-2027
9. Company Profiles
9.1 Arkema Sa
9.1.1 Overview
9.1.2 Business segments
9.1.3 Product portfolio
9.1.4 Financial performance
9.1.5 Recent developments
9.1.6 SWOT analysis
9.2 Nippon Paints Holdings, Co. Ltd
9.2.1 Overview
9.2.2 Business segments
9.2.3 Product portfolio
9.2.4 Financial performance
9.2.5 Recent developments
9.2.6 SWOT analysis
9.3 Ppg Industries, Inc.
9.3.1 Overview
9.3.2 Business segments
9.3.3 Product portfolio
9.3.4 Financial performance
9.3.5 Recent developments
9.3.6 SWOT analysis
9.4 Akzo Nobel N.V.
9.4.1 Overview
9.4.2 Business segments
9.4.3 Product portfolio
9.4.4 Financial performance
9.4.5 Recent developments
9.4.6 SWOT analysis
9.5 Basf Se
9.5.1 Overview
9.5.2 Business segments
9.5.3 Product portfolio
9.5.4 Financial performance
9.5.5 Recent developments
9.5.6 SWOT analysis
9.6 Dupont De Nemours, Inc.
9.6.1 Overview
9.6.2 Business segments
9.6.3 Product portfolio
9.6.4 Financial performance
9.6.5 Recent developments
9.6.6 SWOT analysis
9.7 Biomerics
9.7.1 Overview
9.7.2 Business segments
9.7.3 Product portfolio
9.7.4 Financial performance
9.7.5 Recent developments
9.7.6 SWOT analysis
9.8 Axalta Coating Systems, Llc
9.8.1 Overview
9.8.2 Business segments
9.8.3 Product portfolio
9.8.4 Financial performance
9.8.5 Recent developments
9.8.6 SWOT analysis
9.9 Nano-Care Deutschland Ag
9.9.1 Overview
9.9.2 Business segments
9.9.3 Product portfolio
9.9.4 Financial performance
9.9.5 Recent developments
9.9.6 SWOT analysis
9.10 Bio-Fence
9.10.1 Overview
9.10.2 Business segments
9.10.3 Product portfolio
9.10.4 Financial performance
9.10.5 Recent developments
9.10.6 SWOT analysis
9.11 The Sherwin-William Company
9.11.1 Overview
9.11.2 Business segments
9.11.3 Product portfolio
9.11.4 Financial performance
9.11.5 Recent developments
9.11.6 SWOT analysis
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