Global Antimicrobial Coatings Market size is estimated to reach USD 7.5 Billion By 2026 says a new report by Polaris Market Research. The report “Antimicrobial Coatings Market By Raw Material (Inorganic, Organic, and Others), By Product Type (Escherichia Coli, Pseudomonas, Listeria, and Others), By End-use (HVAC, Food industry, Construction, Mold Remediation, Medical and Others), By Regions, Segments & Forecast, 2018 – 2026”. provides an extensive analysis of present market dynamics and predicted future trends.
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Antimicrobial coatings (AMC) are the paint formulations with biocides to improve resistance towards bacteria, fungi, and other pathogens. These coatings are used on numerous substrates in different end-use applications such as textiles, medical, food processing & packaging, HVAC, automotive and other consumer durables. Several biocides used in the formulation include copper, organo-silane, nano-silver, and few other quaternary products.
AMC have shown great potential in the reduction of nosocomial infections and progress towards broader utilization in clinical settings. Thus, the growth of medical industry in tandem with the increase in number of hospitals is a key driver for the global antimicrobial coating industry. Therapeutic advances, changing pattern of care in clinics, and high-quality services have prompted more interventions for communicable diseases, which in turn has risen the healthcare expenditures.
These coating have also witnessed rising growth in other end-uses such as HVAC, where these are applied on vents and other mechanical surfaces. AMC have numerous uses in food processing & packaging, where food industry manufacturers use these to increase the shelf life of the products. With the increase in disposable income, fast-paced lifestyle of consumers, and the risen demand for ready-to-consume food products, the food industry has found many applications for AMCs.
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Antimicrobials coating market is also subjected to regulatory standards for the quality of the products. The manufacturers of antimicrobial coatings have to conduct full toxicity testing, including environmental as per the Central for Disease Control (CDC) guidelines. Moreover, these manufacturers have to collaborate to develop clinically significant testing methods and align marketing and sales claim with EPA (Environmental Protection Agency) FIFRA.
Technological developments have also played a crucial role in the growth of these products. The industry has seen advancements in materials such as nano-silver. Active R&D studies are also contributing significantly towards the growth. Anti-Microbial Coatings Innovations (AMiCI) consortium is actively studying the regulation, development, and real life use of AMC coatings.
North America is the dominant regional market for the global AMC industry, followed by other popular markets such as Western Europe and Asia Pacific. The U.S. with its highest spending on health sectors is one of the most significant growth factors for its regional market. Growing aged population in nations such as Japan have led to increased spending in medical industry and are deriving the growth for the Asian region.
The global industry constitutes of good number of multinationals and regional players. Some of the key market players include Akzo Nobel NV, BASF SE, Dow DuPont, AK Coatings, Inc., Biointeractions Ltd., PPG Industries Inc., Lonza Group Ltd., and Covalon Technologies Ltd.
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Polaris Market Research has segmented the global Antimicrobial Coatings Market on the basis of Raw material type, product type, end-use, and region:
Antimicrobial Coatings Raw Material Type Outlook (Market Revenue in USD Billion, 2017 – 2026)
- Inorganic
- Organic
- Others
Antimicrobial Coatings Product Type Outlook (Market Revenue in USD Billion, 2017 – 2026)
- Escherichia Coli
- Pseudomonas
- Listeria
- Others
Antimicrobial Coatings End-Use Type Outlook (Market Revenue in USD Billion, 2017 – 2026)
- HVAC
- Food Industry
- Construction
- Mold Remediation
- Medical
- Others
Antimicrobial Coatings Regional Outlook (Market Revenue in USD Billion, 2017 – 2026)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Middle East & Africa
Leading Key Players of Antimicrobial Coatings Market
- PPG Industries, Inc,
- BASF SE
- Axalta Coatings,
- DowDupont
- Sherwin-Williams Company
- RPM International
- Kansai Paint Company Ltd.
- The Valspar Corporation
- Jotun Group
- Akzonobel NV
About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavour to deliver value-added business solutions to our customers.
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