The Anti-microbial Coatings Market size is estimated at USD 4.43 billion in 2024, and is expected to reach USD 6.42 billion by 2029, growing at a CAGR of greater than 7.5% during the forecast period (2024-2029).
The market was positively impacted by COVID-19 in 2020. Owing to the pandemic scenario, the usage of anti-microbial coatings in medical products and devices, including surgical masks, gloves, wound dressings, hospital textiles, and surgical devices, significantly increased to curb the growth of new COVID-19 cases.
The anti-microbial coatings market is a fragmented market, with numerous players holding a small share of market demand. Some of these major players include (not in any particular order) Akzo Nobel N.V., BASF SE, The Sherwin-Williams Company, PPG Industries Inc., and Lonza, among others.
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