Global Antimicrobial Coatings Market Size, Share & COVID-19 Impact Analysis, By Type, Application, By Region Forecasts, 2024 – 2032

Global Antimicrobial Coatings Market Size, Share & COVID-19 Impact Analysis, By Type, Application, By Region Forecasts, 2024 – 2032

Antimicrobial Coatings Market was valued at US $ 3.69 billion in 2023 and is expected to reach US $ 8,650.7 million by 2032 growing at a CAGR of 11.5% during the forecast period 2024 – 2032.

Antimicrobial coatings are essential in healthcare environments. Healthcare facilities are frequently threatened by infections related to healthcare. The transmission of dangerous microorganisms and germs that are typically found on regularly touched surfaces, such as light switches and doorknobs, is reduced in healthcare facilities by the use of antimicrobials. In order to stop the spread of infectious microorganisms, antimicrobial compounds are also applied to medical electronics, catheters, surgical tools, medical instruments, and containers. In an effort to reduce illnesses linked to healthcare, hospital textiles, medical fabric, mittens, surgical masks, and bandages that are both woven and non-woven use antimicrobial coatings. Furthermore, with the help of modern medical technology, antimicrobial coatings could be applied to many medical implants, enabling the use of medical prostheses worldwide. For instance, there are approximately 37,000 fatalities and over 4 million HAI infections per year. Appropriate procedures for applying antibiotics and disinfectants are offered in order to prevent that. However, implementing antimicrobial coatings and equipment in the healthcare environment aids in the management of healthcare-associated infections. Antimicrobial coatings, as a new technique to microbe management in the health industry, demonstrate this. The necessity for antibacterial coating is increased by all of the above-mentioned issues, which in turn grows the worldwide market.

However, there are a number of hazards associated with antimicrobial coatings, including the release of active substances and environmental contamination by dangerous chemicals. Active ingredients in antimicrobial coatings are frequently dispersed gradually into the environment, raising potential health risks. Furthermore, antimicrobial coatings made of zinc, copper, and silver oxides have the potential to leak a toxic material into the water, which is bad for fish and sea crabs that live in the ocean. When antimicrobial coatings are applied, there is space for slow-inflowing, active nanoparticle emissions, which makes conditions more favourable for drug-resistant bacteria and adaptable microorganisms.

“Silver (metallic) segment, by type, to be dominating market from 2023 to 2030.”

The market sector with the biggest share belonged to silver. With their low toxicity and long-lasting antimicrobial efficacy against both Gram-positive and Gram-negative bacteria, fungi, protozoa, and certain viruses, silver antimicrobial coatings find widespread application. The compound silver (Ag) has attracted a lot of attention from researchers because of its antibacterial properties. Ag+, the oxidised form of it, has potent antibacterial properties and works best at concentrations between 10 nM and 10 μM.

“Medical & Healthcare segment, by application, to be dominating market from 2023 to 2030.”

The medical and health care industry accounted for the majority of the market. coatings for medical equipment intended to stop the spread of infectious pathogens in hospital environments. Growing public awareness of the COVID-19 pandemic is predicted to generate market demands for the healthcare sector. Recently, IIT Guwahati scientists developed a low-cost antibacterial spray-based layer for personal protective equipment. This coating works by preventing and eliminating bacteria from adhering to a PPE-coated surface. Over the course of the anticipated period, there would also be a significant boom in indoor air quality and HVAC systems. Since antimicrobial paint has been shown to be effective and safe against bacteria that cause odours, the US EPA has approved its use in food processing facilities, hospitals, water filters, medical equipment, HVAC systems, and consumable goods. In order to further educate students on the issue of air quality, the US EPA has been collaborating with CEFPI and a number of other organisations. The EPA has worked with CEFPI to conduct in-depth research and initiatives focused at educating schools about air quality. Controlling nutrition, temperature, and humidity can stop microorganisms from multiplying.

“North America to be largest region in Antimicrobial Coatings market.”

North America held the highest market share going into the projection period and is anticipated to maintain its position as the leader. Increased demand for indoor air quality/HVAC and medical applications in North America is the primary driver of regional growth. It is expected that the healthcare industry and policy laws will stimulate this market in this area. The expansion of the fashion and food & beverage markets in the US and Canada will also fuel regional demand. The US is predicted to have relatively high living standards and increased government spending on health care, which will fuel market demand. The manufacturing of processed foods and healthcare innovations drive market development. The US is one of the largest overseas markets for medical equipment, and a sizeable portion of US investments in R&D centres fuels the sector's expansion. The United States employs more antimicrobial-coated medical instruments as a result of the growing number of government regulations and hospital procedures aimed at reducing nosocomial infections.

Antimicrobial Coatings Competitive Landscape

The competitive landscape of the Antimicrobial Coatings market involves assessing the competitive landscape to understand the strengths, weaknesses, opportunities, and threats of the industry. Key industry players have recognized that the adoption of Antimicrobial Coatings technology holds the potential for further growth. The growing desire among producers to optimize their production costs has spurred collaborative efforts among companies to scale up their production capacity. This strategic collaboration not only aims to increase revenue but also seeks to establish dominance in the market.

The Antimicrobial Coatings market is highly competitive, with numerous companies vying for market share. Prominent companies in the Antimicrobial Coatings Market include:

Major Players:

Akzo Nobel N.V., PPG Industrial Coatings, Axalta Coating Systems, BASF SE, John Desmond Limited, The Sherwin-Williams Company, Nippon Paint (India) Company Limited, Diamond Vogel, DuPont, DSM and Other Key Players.

Recent Developments:

In May 2021, pure safe, a distinctive line of antibacterial varnishes and coatings was made possible by the collaboration between Addamaster (UK) and pulse roll labble goods. The latest PureSafe varnishes, which incorporate Biomaster, are intended for packaging uses that do not involve direct contact with food. They also make effective antimicrobials for food packaging and printed labels. Furthermore, independent ISO 22196 testing demonstrated the great adhesion, excellent printability, fast cure, and strong chemical resistance of Pure Safe UV Flexo blockable & OPV foil matte and gloss foil varnish.

November 2020: Zonitise introduced an antibacterial surface layer that continuously eliminates unwanted germs. They employed an antibacterial method known as Zonitis, which eliminated innumerable microorganisms, including bacteria and viruses, including the TGEV Coronavirus (which they refer to as a model virus for Sars Cov 1). Protection is maintained for a year following a single administration.