Antimicrobial Coatings Market to Exceed Market Valuation of USD 9.83 Billion by 2031, Driven by Growing Need to Maintain Cleanliness in Different Professional Settings

Antimicrobial Coatings Market to Exceed Market Valuation of USD 9.83 Billion by 2031, Driven by Growing Need to Maintain Cleanliness in Different Professional Settings
Skyquest Technology
Antimicrobial Coatings Market Size, Share, Growth Analysis, By Type (Silver, Copper), By Application (Medical and healthcare, HVAC Systems), By Region – Industry Forecast 2024-2031

Antimicrobial coatings market size was valued at USD 4.10 billion in 2022 and is poised to grow from USD 4.52 billion in 2023 to USD 9.83 billion by 2031, growing at a CAGR of 10.20% during the forecast period (2024-2031).

Antimicrobial coatings market has witnessed remarkable growth in recent years owing to wide applications in industries like healthcare, construction, and food and beverages. There has been a great rise in the number of cases of HAIs (hospital-acquired infections) in hospitals, which fueled the demand for antimicrobial coatings in medical devices, surgical instruments, and surfaces of hospitals for best hygiene. Also, governments are taking initiatives to prevent the spread of diseases by human touch or contact, mainly in healthcare and clinical settings. This ultimately fueled the use of antimicrobial coatings in these settings.

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Top Player’s Company Profiles

  • AkzoNobel N.V. (Netherlands)
  • Axalta Coating Systems LLC (US)
  • BASF SE (Germany)
  • Carboline Company (US)
  • Diamond Vogel (US)
  • Drywood Coatings BV (Netherlands)
  • Hempel A/S (Denmark)
  • Kansai Paint Co., Ltd. (Japan)
  • Lonza Group AG (Switzerland)
  • Nippon Paint Holdings Co., Ltd. (Japan)
  • PPG Industries, Inc. (US)
  • RPM International Inc. (US)
  • Sono-Tek Corporation (US)
  • Sherwin-Williams Company (US)
  • Specialty Coating Systems, Inc. (US)
  • Zschimmer & Schwarz Holding GmbH & Co KG (Germany)
  • Sika AG (Switzerland)
  • Lanxess AG. (Germany)
  • Cleveland-cliffs Inc. (US)
  • Allied Bioscience Inc. (US)
  • H.B. FUller Construction Products Inc. (US)
  • Flora Coatings Llc (US)
  • Hydromer Inc. (US)
  • IFS Coatings Inc. (US)
  • Nano-care Deutschland Ag. (Germany)
  • Protech-oxyplast Group (Canada)
  • Aereus Technologies Inc (Canada)

 

Nanotechnology is one of the key research domains with its implicit use in different industries like electrical engineering, agriculture, medicine, and pharmacy. The antimicrobial characteristics of nanoparticles are the most interesting area of scientific examination and potential applications. The antimicrobial effect of nanoparticles is currently under investigation and connected in relation to antibiotic multi-resistant bacterial classes, demonstrating favorable solution to this issue. Despite several benefits of nanoparticles, their negative effect on surroundings is also being examined owing to their possible ease of dispersion in the environment. This could impact in consequent amassing impacting the reactive oxygen species formation or natural environment microbiota that have negatively impact living organisms. Hence, extensive research in this area of nanotechnology is essential for more careful and responsible use considering its pros and cons.

Segments covered

Type

Silver, Copper, Titanium Dioxide, Others

Application

Medical and healthcare, Food and Beverage, Building Construction, Protective Clothing, Transportation, HVAC Systems, Others

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Growth of Antimicrobial Coatings Usage and Standards

A notable rise is seen in the number of companies that develop, produce, and supply antimicrobial coatings, especially after COVID-19. Today, antimicrobial coatings are actively used in the food and beverages industry, in the dairy sector, and in large-scale manufacturing, andcontainers and vessels used in these activities. Lately, antimicrobial coatings are being used in prepared food deli meat packaging. As observed by the regulatory community, antimicrobial surfaces and antimicrobial coatings have been presented in the retail food packaging market. These products are used in food production and public areas as an assistant to standard sanitation rules, with small guidance, no background details, and exclusion of product labelling.

  • In April 2022, Avient Corporation signed a contract with Royal DSM to buy the DSM Protective Materials company including the “Dyneema brand. In combination with this proposed procurement, Avient also declared that it aims to discover sale choices for its Avient Distribution company.
  • In February 2024, AkzoNobel partnered with BioCote® to increase their top-class Interpon product to make Interpon AM: a product line of antimicrobial coatings (powder).
  • In February 2022, Nippon Paint Co., Ltd., a prominent building paints provider, introduced 2 anti-bacterial and anti-viral water-based paint brands, ‘PROTECTON Interior Wall VK Coat’, specially designed for interior walls and ‘PROTECTON Floor VK Clear’, specially designed for floors.
  • In June 2024, NEI Corporation released ‘NANOMYTE® AM-100EC’ coating solution. The novel micron-thick coatings are specially manufactured to impart both antimicrobial and easy-to-clean properties to a wide range of surfaces.

 

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Growing Need for Exhaustive Assessments for Commercial Use of Nanoparticles

The use of nanoparticles demonstrates assertive innovations in improving the safety and quality of antimicrobial coatings embedded with metal oxide and metal nanoparticles. These superior materials are poised to change the scenario of antimicrobial elements in the future. However, the rising public exposure to antimicrobial nanoparticles aided by growing nanoparticles and contaminants is happening without proper awareness and strict rules concerning their toxicity. Hence, several institutes are focusing on the serious need for comprehensive assessments for the nanoparticle’s commercial use.

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