Antimicrobial Coatings Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Antimicrobial Coatings Market
The antimicrobial coatings market size was valued at USD 3.6900 billion in 2023, and the market is now projected to grow from USD 8.6507 billion in 2024 to USD 2.77 billion by 2032, exhibiting a CAGR of 11.5% during the forecast period of 2024-2032.
The outbreak of COVID-19 affected antimicrobial coatings market as well, in a constructive manner, by increasing its applications in all the sectors. Thanks to focused attention to hygiene and infection transmission, the demand for antimicrobial coatings in healthcare, public locations, or transportation increased. Thus a need for protective surfaces in hospitals, offices and other public places boosted the market’s growth. On the same note from the pandemic, preventive procedures were considered more crucial, thus increasing the use of antimicrobial coatings in industries like food processing, textile, and consumer products. This tendency will remain the same following the COVID-19 pandemic.
The antimicrobial coatings market is still rapidly developing with the help of the further advancements in material science and rising concerns about hygiene products. Some of the emerging trends are the environmentally friendly hard coatings by use of bioactive agents such as silver, copper, zinc. Technology is today being stretched to provide nano-thickness coatings while there is an increased concern with durability-of-coatings. Antimicrobial coatings have found application in industries such as healthcare, construction and textiles. Moreover, smart applications of self-cleaning surfaces and the utilization of coatings especially in ICU door/keys, lift buttons, and mobile phones are increasingly common. They all are creating new trends that define the future of the market. Thus, all the above mentioned factors are contributing towards the antimicrobial coatings market growth.
The business prospective of the antimicrobial coatings market stems from the rising consciousness of cleanliness and infection prevention, especially after the pandemic. Concerns for healthcare-associated infections (HAIs) and the alterations for a cleaner and safer environment inside and outside homes, vehicles, and buildings including medical institutions drive the market growth. Other factors which have positively contributed to this market include growth in technologies relative to materials like the more tough and durable surface coatings. Further, the increasing consumer focus towards green and sustainable products and services along with increasingly stringent regulatory legislation in food processing and other construction industries drive the antimicrobial coatings market.
Comprehensive Analysis Antimicrobial Coatings Market
The market is divided into type and application to meet the need of different industries.s. Metallic waxes are mainly selective types such as the silver and copper which are employed for specific uses while non-metallic waxes entails the polymeric and the organic waxes, commonly in the consumer markets. Application segmentation comprises medical and healthcare industries by means of wax coating and hygiene products, and HVAC industries by means of wax filters. Other major uses include construction and lumber processing, food and beverages for packaging, textiles, and mold mitigation, which solidifies the popular and diverse place of the market.
North America is the largest area at the present time in the antimicrobial coatings market. This is mainly as a result of very high awareness of hygiene, operation in the healthcare sector where regulatory measures are very strict, and more so pursuing high investment in research and development. The strength that the region offers in healthcare and rising need for antimicrobial products for construction companies, food processing sectors and textile industries also play the key role. The leading consumer is the United States due to its inclination toward the usage of the superior levels of antimicrobial technologies applied in commercial as well as in the residential segment, which makes North America to be ahead of other countries.
Key players in this sector include Akzo Nobel N.V. (Netherlands), Axalta Coating Systems (USA), PPG Industrial Coatings (USA), John Desmond Limited (UK), BASF SE (Germany), Nippon Paint (India) Company Limited (India), The Sherwin-Williams Company (USA), DuPont (USA), Diamond Vogel (USA), DSM (Netherlands), Other Key Players
For the year 2024, the growth of the antimicrobial coatings market has featured exchange of nano-silver-based coatings by some of the key players. These coatings apply nanotechnology to improve the lifespan of antimicrobial features for complete protection against bacteria, viruses, and fungi. The novelty of this solution is that it was created using nano-silver particles that have been described as remaining efficiently infectious for long periods without compromising their effectiveness. This product is often used in hospitals and other health care organizations, as well in businesses and other facilities with heavy foot traffic.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2016-2027
Base Year 2019
Forecast Period 2020-2027
Historical Period 2016-2018
Unit Value (USD Million) and Volume (Tons)
SegmentationBy Type
Metallic
Silver
Copper
Others
Non-metallic
Polymeric
Organic
By Application
Medical & Healthcare
Indoor Air / HVAC
Mold Remediation
Building & Construction
Food & Beverage
Textile
Others
By Geography
North America (U.S., and Canada)
Europe (Germany, UK, France, Italy, Spain, Russia & CIS, and Rest of Europe)
Asia Pacific (China, India, Japan, ASEAN, and Rest of Asia Pacific)
Latin America (Brazil, Mexico, and Rest of Latin America)
Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)
Please Note: It will take 5-6 business days to complete the report upon order confirmation.
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Key Developments: Mergers, Acquisition, Partnership, etc.
- 4.3. Latest Technological Advancement
- 4.4. Insights on Regulatory Scenario
- 4.5. Porters Five Forces Analysis
- 5. Global Antimicrobial Coatings Market Analysis, Insights and Forecast, By Type, 2016-2027
- 5.1. Key Findings / Summary
- 5.2. Global Antimicrobial Coatings Market Analysis, Insights and Forecast – By Type
- 5.2.1. Metallic
- 5.2.1.1. Silver
- 5.2.1.2. Copper
- 5.2.1.3. Others
- 5.2.2. Non-metallic
- 5.2.2.1. Polymeric
- 5.2.2.2. Organic
- 6. Global Antimicrobial Coatings Market Analysis, Insights and Forecast, By Application, 2016-2027
- 6.1. Key Findings / Summary
- 6.2. Global Antimicrobial Coatings Market Analysis, Insights and Forecast – By Application
- 6.2.1. Medical & Healthcare
- 6.2.2. Indoor Air / HVAC
- 6.2.3. Mold Remediation
- 6.2.4. Building & Construction
- 6.2.5. Food & Beverage
- 6.2.6. Textile
- 6.2.7. Others
- 7. Global Antimicrobial Coatings Market Analysis, Insights and Forecast, By Region, 2016-2027
- 7.1. Key Findings / Summary
- 7.2. Global Antimicrobial Coatings Market Analysis, Insights and Forecast – By Region
- 7.2.1. North America
- 7.2.2. Europe
- 7.2.3. Asia pacific
- 7.2.4. Latin America
- 7.2.5. Middle East & Africa
- 8. North America Antimicrobial Coatings Market Analysis, Insights and Forecast, 2016-2027
- 8.1. Key Findings / Summary
- 8.2. North America Antimicrobial Coatings Market Analysis, Insights and Forecast – By Type
- 8.2.1. Metallic
- 8.2.1.1. Silver
- 8.2.1.2. Copper
- 8.2.1.3. Others
- 8.2.2. Non-metallic
- 8.2.2.1. Polymeric
- 8.2.2.2. Organic
- 8.3. North America Antimicrobial Coatings Market Analysis, Insights and Forecast – By Application
- 8.3.1. Medical & Healthcare
- 8.3.2. Indoor Air / HVAC
- 8.3.3. Mold Remediation
- 8.3.4. Building & Construction
- 8.3.5. Food & Beverage
- 8.3.6. Textile
- 8.3.7. Others
- 8.4. North America Antimicrobial Coatings Market Analysis, Insights and Forecast – By Country
- 8.4.1. U.S.
- 8.4.2. Canada
- 9. Europe Antimicrobial Coatings Market Analysis, Insights and Forecast, 2016-2027
- 9.1. Key Findings / Summary
- 9.2. Europe Antimicrobial Coatings Market Analysis, Insights and Forecast – By Type
- 9.2.1. Metallic
- 9.2.1.1. Silver
- 9.2.1.2. Copper
- 9.2.1.3. Others
- 9.2.2. Non-metallic
- 9.2.2.1. Polymeric
- 9.2.2.2. Organic
- 9.3. Europe Antimicrobial Coatings Market Analysis, Insights and Forecast – By Application
- 9.3.1. Medical & Healthcare
- 9.3.2. Indoor Air / HVAC
- 9.3.3. Mold Remediation
- 9.3.4. Building & Construction
- 9.3.5. Food & Beverage
- 9.3.6. Textile
- 9.3.7. Others
- 9.4. Europe Antimicrobial Coatings Market Analysis – By Country
- 9.4.1. Germany
- 9.4.2. U.K
- 9.4.3. France
- 9.4.4. Italy
- 9.4.5. Spain
- 9.4.6. Russia & CIS
- 9.4.7. Rest of Europe
- 10. Asia Pacific Antimicrobial Coatings Market Analysis, Insights and Forecast, 2016-2027
- 10.1. Key Findings / Summary
- 10.2. Asia Pacific Antimicrobial Coatings Market Analysis, Insights and Forecast – By Type
- 10.2.1. Metallic
- 10.2.1.1. Silver
- 10.2.1.2. Copper
- 10.2.1.3. Others
- 10.2.2. Non-metallic
- 10.2.2.1. Polymeric
- 10.2.2.2. Organic
- 10.3. Asia Pacific Antimicrobial Coatings Market Analysis, Insights and Forecast – By Application
- 10.3.1. Medical & Healthcare
- 10.3.2. Indoor Air / HVAC
- 10.3.3. Mold Remediation
- 10.3.4. Building & Construction
- 10.3.5. Food & Beverage
- 10.3.6. Textile
- 10.3.7. Others
- 10.4. Asia Pacific Antimicrobial Coatings Market Analysis – By Country
- 10.4.1. China
- 10.4.2. India
- 10.4.3. Japan
- 10.4.4. ASEAN
- 10.4.5. Rest of Asia Pacific
- 11. Latin America Antimicrobial Coatings Market Analysis, Insights and Forecast, 2016-2027
- 11.1. Key Findings / Summary
- 11.2. Latin America Antimicrobial Coatings Market Analysis, Insights and Forecast – By Type
- 11.2.1. Metallic
- 11.2.1.1. Silver
- 11.2.1.2. Copper
- 11.2.1.3. Others
- 11.2.2. Non-metallic
- 11.2.2.1. Polymeric
- 11.2.2.2. Organic
- 11.3. Latin America Antimicrobial Coatings Market Analysis, Insights and Forecast – By Application
- 11.3.1. Medical & Healthcare
- 11.3.2. Indoor Air / HVAC
- 11.3.3. Mold Remediation
- 11.3.4. Building & Construction
- 11.3.5. Food & Beverage
- 11.3.6. Textile
- 11.3.7. Others
- 11.4. Latin America Antimicrobial Coatings Market Analysis – By Country
- 11.4.1. Brazil
- 11.4.2. Mexico
- 11.4.3. Rest of Latin America
- 12. Middle East & Africa Antimicrobial Coatings Market Analysis, Insights and Forecast, 2016-2027
- 12.1. Key Findings / Summary
- 12.2. Middle East & Africa Antimicrobial Coatings Market Analysis, Insights and Forecast – By Type
- 12.2.1. Metallic
- 12.2.1.1. Silver
- 12.2.1.2. Copper
- 12.2.1.3. Others
- 12.2.2. Non-metallic
- 12.2.2.1. Polymeric
- 12.2.2.2. Organic
- 12.3. Middle East & Africa Antimicrobial Coatings Market Analysis, Insights and Forecast – By Application
- 12.3.1. Medical & Healthcare
- 12.3.2. Indoor Air / HVAC
- 12.3.3. Mold Remediation
- 12.3.4. Building & Construction
- 12.3.5. Food & Beverage
- 12.3.6. Textile
- 12.3.7. Others
- 12.4. Middle East & Africa Antimicrobial Coatings Market Analysis – By Country
- 12.4.1. South Africa
- 12.4.2. GCC
- 12.4.3. Rest of Middle East & Africa
- 13. Competitive Analysis
- 13.1. Company Market Share Analysis, By Key Players, 2019
- 13.2. Company Profiles (Overview, Products & services, SWOT analysis, Recent developments, strategies, financials (based on availability))
- 13.2.1. Akzo Nobel N.V.
- 13.2.1.1. Overview,
- 13.2.1.2. Products & services,
- 13.2.1.3. SWOT analysis,
- 13.2.1.4. Recent developments,
- 13.2.1.5. bstrategies,
- 13.2.1.6. financials (based on availability)
- 13.2.2. Axalta Coating Systems
- 13.2.2.1. Overview,
- 13.2.2.2. Products & services,
- 13.2.2.3. SWOT analysis,
- 13.2.2.4. Recent developments,
- 13.2.2.5. bstrategies,
- 13.2.2.6. financials (based on availability)
- 13.2.3. PPG Industrial Coatings
- 13.2.3.1. Overview,
- 13.2.3.2. Products & services,
- 13.2.3.3. SWOT analysis,
- 13.2.3.4. Recent developments,
- 13.2.3.5. bstrategies,
- 13.2.3.6. financials (based on availability)
- 13.2.4. John Desmond Limited
- 13.2.4.1. Overview,
- 13.2.4.2. Products & services,
- 13.2.4.3. SWOT analysis,
- 13.2.4.4. Recent developments,
- 13.2.4.5. bstrategies,
- 13.2.4.6. financials (based on availability)
- 13.2.5. BASF SE
- 13.2.5.1. Overview,
- 13.2.5.2. Products & services,
- 13.2.5.3. SWOT analysis,
- 13.2.5.4. Recent developments,
- 13.2.5.5. bstrategies,
- 13.2.5.6. financials (based on availability)
- 13.2.6. Nippon Paint (India) Company Limited
- 13.2.6.1. Overview,
- 13.2.6.2. Products & services,
- 13.2.6.3. SWOT analysis,
- 13.2.6.4. Recent developments,
- 13.2.6.5. bstrategies,
- 13.2.6.6. financials (based on availability)
- 13.2.7. The Sherwin-Williams Company
- 13.2.7.1. Overview,
- 13.2.7.2. Products & services,
- 13.2.7.3. SWOT analysis,
- 13.2.7.4. Recent developments,
- 13.2.7.5. bstrategies,
- 13.2.7.6. financials (based on availability)
- 13.2.8. DuPont
- 13.2.8.1. Overview,
- 13.2.8.2. Products & services,
- 13.2.8.3. SWOT analysis,
- 13.2.8.4. Recent developments,
- 13.2.8.5. bstrategies,
- 13.2.8.6. financials (based on availability)
- 13.2.9. Damond Vogel
- 13.2.9.1. Overview,
- 13.2.9.2. Products & services,
- 13.2.9.3. SWOT analysis,
- 13.2.9.4. Recent developments,
- 13.2.9.5. bstrategies,
- 13.2.9.6. financials (based on availability)
- 13.2.10. DSM
- 13.2.10.1. Overview,
- 13.2.10.2. Products & services,
- 13.2.10.3. SWOT analysis,
- 13.2.10.4. Recent developments,
- 13.2.10.5. bstrategies,
- 13.2.10.6. financials (based on availability)
- 13.2.11. Others
- 13.2.11.1. Overview,
- 13.2.11.2. Products & services,
- 13.2.11.3. SWOT analysis,
- 13.2.11.4. Recent developments,
- 13.2.11.5. bstrategies,
- 13.2.11.6. financials (based on availability)
- 14. Strategic Recommendations
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook