Global Antimicrobial Powder Coatings Market Growth 2023-2029
Powder coatings has gained widespread acceptance in the coatings industry for its performance characteristics which is equal to liquid coatings and the environmental benefits (free of VOCs) of powder make it far superior and user friendly. However there are increasing demands for new product developments and the major driving force for new product developments come from the market requirements combined with environmental compliance. End users are more concern to know about the technological improvements and about the value added products. Marpol is continuously striving to offer value added products to the customers. One of such requirement is Antibacterial powder coatings. End users are more concern about the coatings surface which inhibits the bacterial growth so coatings that repel microorganism are always in demand. Antibacterial powder coatings fulfill these needs. Antibacterial and anti mould properties are required when powder coatings are used to such applications that coated objects are contacted with number of people and in the fields of foods, medical care and sanitation etc. Antibacterial powder helps to fight against disease and infection; the system also stops the growth of bacteria and fungi.
LPI (LP Information)' newest research report, the “Antimicrobial Powder Coatings Industry Forecast” looks at past sales and reviews total world Antimicrobial Powder Coatings sales in 2022, providing a comprehensive analysis by region and market sector of projected Antimicrobial Powder Coatings sales for 2023 through 2029. With Antimicrobial Powder Coatings sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Antimicrobial Powder Coatings industry.
This Insight Report provides a comprehensive analysis of the global Antimicrobial Powder Coatings landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Antimicrobial Powder Coatings portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Antimicrobial Powder Coatings market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Antimicrobial Powder Coatings and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Antimicrobial Powder Coatings.
The global Antimicrobial Powder Coatings market size is projected to grow from US$ 10160 million in 2022 to US$ 14660 million in 2029; it is expected to grow at a CAGR of 14660 from 2023 to 2029.
North America dominated the product industry on account of its rising use, particularly in the healthcare as well as food processing and preserving applications. Furthermore, growth of the antimicrobial coating industry is also dependent on consumer goods demand, including tableware, storage bins, and sanitary ware, among others. Rising disposable incomes as well as GDP growth rate are expected to propel consumer goods demand, which in turn will have a positive impact on the market over the forecast period.
This report presents a comprehensive overview, market shares, and growth opportunities of Antimicrobial Powder Coatings market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Polyethylene Powder Coating
Polypropylene Powder Coating
PVC Powder Coating
Polypropylene Powder Coating
Polyphenylene Sulfide Powder Coating
Others
Segmentation by application
Medical Appliances
Food Processing Industry
Aviation
Railroad
Automotive
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Diamond Vogel Paints
PPG Industries Inc.
Dow Microbial Control
Nippon Paint Co. Ltd.
AkzoNobel NV
Key Questions Addressed in this Report
What is the 10-year outlook for the global Antimicrobial Powder Coatings market?
What factors are driving Antimicrobial Powder Coatings market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Antimicrobial Powder Coatings market opportunities vary by end market size?
How does Antimicrobial Powder Coatings break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.