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The Impact of COVID-19 is included in Antimicrobial Coating Market. Buy it today to get an advantage.

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Antimicrobial Coating Market Overview

Lucintel finds that the future of the global antimicrobial coating market looks promising with opportunities in building & construction, medical, food & beverages, and textile industries. The global antimicrobial coatings market is expected to reach an estimated $7.7 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are increasing concern about health and hygiene and growing demand of antimicrobial coatings in building and construction, medical, and food & beverages industries.

The antimicrobial coating market has experienced robust growth.The heightened awareness of infectious diseases, coupled with the need for safer and cleaner environments, has been the primary driver for the market's expansion. Antimicrobial coatings offer an effective solution to reduce the risk of cross-contamination and infection transmission, making them highly sought-after in healthcare facilities, public spaces, and other high-traffic areas.

  • Lucintel forecasts that silver biocides based antimicrobial coating will remain the largest segment due to it’s better antimicrobial properties. Quaternary ammonium compounds based antimicrobial coating is expected to witness the highest growth during the forecast period due to its organic properties, low toxic level, and wide range of applications.
  • Antimicrobial coating for building & construction will remain the largest segment due to increasing demand for antimicrobial coatings in HVAC systems and growing health concern.
  • North America will remain the largest region and it is also expected to witness the highest growth over the forecast  period due to high standards of living and increasing awareness regarding healthcare in this region


A total of 93 figures / charts and 93 tables are provided in this 211-page report to help in your business decisions. A sample figure with insights is shown below. 
 

Antimicrobial Coating Market by Resin Type, End Use Industry, and Biocides Type

North America will remain the largest region in the Antimicrobial Coating Market

  1. United States: Companies like Microban International and PPG Industries are investing in antimicrobial coating technology for various applications. Microban announced partnerships to develop antimicrobial coatings for consumer products. The US government promotes antimicrobial innovation through initiatives like the National Institutes of Health. 
  2. China: Chinese firms such as DowDuPont and Sherwin-Williams are expanding their antimicrobial coating portfolios. DowDuPont announced advancements in antimicrobial technology for healthcare facilities. The Chinese government supports antimicrobial research through initiatives like the National Key R&D Program. 
  3. Germany: Companies like BASF and AkzoNobel are developing antimicrobial coatings for industrial and healthcare sectors. BASF announced the launch of antimicrobial additives for paints and coatings. The German government promotes antimicrobial innovation through funding programs like the Federal Ministry of Education and Research.
  4. India: Indian companies like Berger Paints and Asian Paints are investing in antimicrobial coating solutions for residential and commercial buildings. Berger Paints announced collaborations for antimicrobial paint formulations. The Indian government supports antimicrobial research through initiatives like the Department of Science and Technology.

Emerging Trends in the Antimicrobial Coating Market

The COVID-19 pandemic has heightened the importance of infection control measures, leading to a surge in demand for antimicrobial coatings. Industries such as healthcare, hospitality, and transportation are actively adopting these coatings to ensure the safety of their customers and employees.

Technological advancements in coating formulations: Ongoing research and development efforts are focused on developing advanced antimicrobial coating formulations that provide longer-lasting and more effective protection. Nanotechnology and biomimetic approaches are being explored to enhance the antimicrobial properties of coatings, opening up new possibilities for the market.

Sustainability and eco-friendly coatings: With increasing environmental consciousness, there is a growing emphasis on developing sustainable and eco-friendly antimicrobial coatings. Manufacturers are striving to reduce the use of harmful chemicals and explore natural antimicrobial agents, such as silver, copper, and plant extracts, to meet the demand for greener coating solutions.

Emerging trends, which have a direct impact on the dynamics of the industry, include increasing use of layer by layer antimicrobial dip coating process and development of new technology to extract antimicrobial from natural sources.


 

Antimicrobial Coating Market by Segments

Antimicrobial Coating Market by Segment

The study includes a forecast for the global antimicrobial coating market by resin type, end use industry, biocides type, and region as follows:

Antimicrobial Coating Market by Resin Type [Value ($M) and Volume (M lbs) shipment analysis for 2018 – 2030]:

Antimicrobial Coating Market by End Use Industry [Value ($M) and Volume (M lbs) shipment analysis for 2018 – 2030]:

Antimicrobial Coating Market by Biocides Type [Value ($M) and Volume (M lbs) shipment analysis for 2018 – 2030]:

Antimicrobial Coating Market by Region [Value ($M) and Volume (M lbs) analysis for 2018 – 2030]:

  • North America
    • USA
    • Mexico
    • Canada
  • Europe
    • Germany
    • Russia
    • UK
    • Italy
    • France
  • Asia Pacific  
    • China
    • India
    • Japan
    • South Korea
  • The Rest of the World
    • Turkey
    • UAE

Antimicrobial Coating Market Share

The global antimicrobial coating market is experiencing substantial growth, driven by the rising awareness of infectious diseases and the need for enhanced hygiene solutions. The market is characterized by fierce competition among key players who invest in research and development to develop innovative coatings and gain a larger market share. With emerging trends such as increased demand during pandemics, technological advancements, and a focus on sustainability, the antimicrobial coating market is poised for continued growth in the coming years. Industry stakeholders need to stay abreast of these trends and adapt their strategies to capitalize on the expanding market.

Antimicrobial Coating Manufacturers

The market for antimicrobial coatings is highly competitive, with several key players vying for market share. Companies such as AkzoNobel N.V., PPG Industries, Sherwin-Williams Company, and Axalta Coating Systems have established their presence in the market and hold a significant market share. These players invest heavily in research and development to develop innovative coating technologies, expand their product portfolios, and cater to the specific needs of end-user industries.

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies antimicrobial coating companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the antimicrobial coating companies profiled in this report includes.
  • Akzo Nobel
  • PPG
  • Sherwin-Williams
  • Axalta
  • BASF

Recent Developments in the Antimicrobial Coating Market 

  • Growing Demand for Antimicrobial Coatings in Healthcare Facilities: With the increasing focus on infection control and prevention in healthcare settings, there is a rising demand for antimicrobial coatings. Hospitals and healthcare facilities are adopting antimicrobial coatings on various surfaces to reduce the risk of healthcare-associated infections (HAIs). The antimicrobial coatings market in healthcare is expected to witness significant growth due to stringent regulations and the need for effective infection control measures. 
  • Expansion of Antimicrobial Coating Applications in Consumer Products: Antimicrobial coatings are increasingly being incorporated into consumer products such as electronics, textiles, and household appliances to inhibit the growth of bacteria and viruses. Companies are developing innovative antimicrobial coating technologies that can be applied to a wide range of consumer goods, including smartphones, kitchen appliances, and clothing, to enhance hygiene and safety for consumers. The expansion of antimicrobial coatings into consumer products is driven by growing awareness of hygiene and health concerns.
  • Focus on Research and Development for Advanced Antimicrobial Coating Solutions: Manufacturers in the antimicrobial coatings market are investing in research and development to develop advanced formulations with enhanced antimicrobial properties and longer-lasting efficacy. Companies are exploring novel antimicrobial agents, nanostructured materials, and surface modification techniques to improve the performance and durability of antimicrobial coatings. Research efforts are focused on developing coatings that can effectively combat a wide range of pathogens, including bacteria, viruses, and fungi, in various environments.
  • Regulatory Approvals and Standards for Antimicrobial Coatings: Regulatory agencies are establishing guidelines and standards for antimicrobial coatings to ensure product safety, efficacy, and environmental sustainability. Manufacturers are obtaining regulatory approvals and certifications for their antimicrobial coating products to demonstrate compliance with industry standards and regulations. Certifications such as EPA registration and FDA approval validate the effectiveness and safety of antimicrobial coatings for specific applications, such as medical devices, food contact surfaces, and public spaces. 
  • Partnerships and Collaborations to Drive Innovation: Companies in the antimicrobial coatings market are forming strategic partnerships and collaborations to leverage complementary expertise and resources for product development and commercialization. Collaborations between coating manufacturers, material suppliers, research institutions, and healthcare organizations facilitate the exchange of knowledge, technologies, and resources to accelerate innovation in antimicrobial coatings. Partnerships enable companies to access new markets, expand product portfolios, and address emerging challenges in infection control and prevention. 

Features of Antimicrobial Coating Market

  • Market Size Estimates: Antimicrobial coating market size estimation in terms of value ($M) and volume (M lbs)
  • Trend and Forecast Analysis: Market trends (2018-2023) and forecast (2024-2030) by various segments and regions.
  • Segmentation Analysis: Market size by resin type, end use industry, and biocides type.
  • Regional Analysis: Antimicrobial coating market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different resin type, end use industry, biocides type, and regions for the antimicrobial coating market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the antimicrobial coating market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

Frequently Asked Questions (FAQ)

Q1. How big is the antimicrobial coating market?
Answer: The global antimicrobial coating market is expected to reach an estimated $7.7 billion by 2030  
Q2. What is the antimicrobial coatings market growth?
Answer: The antimicrobial coating market is expected to grow at a CAGR of 6.5% from 2024 to 2030.           
Q3. What are the major drivers influencing the growth of the antimicrobial coating market?
Answer: The major drivers for this market are increasing concern about health and hygiene and growing demand of antimicrobial coatings in building and construction, medical, and food & beverages industries
Q4. What are the major applications or end use industries for antimicrobial coating?
Answer: Building and construction are the major end use industries for antimicrobial coating.  
Q5. What are the emerging trends in antimicrobial coating market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include increasing use of layer by layer antimicrobial dip coating process and development of new technology to extract antimicrobial from natural sources.
Q6. Who are the key antimicrobial coating companies?
Answer: Some of the key antimicrobial coating companies are as follows:

  • Akzo Nobel
  • Sherwin-Williams
  • PPG
  • Axalta
  • BASF

Q7. Which antimicrobial coating biocides type segment will be the largest in future?
Answer: Lucintel forecasts that silver biocides based antimicrobial coating will remain the largest segment due to it’s better antimicrobial properties
Q8. In antimicrobial coating market, which region is expected to be the largest in next 5 years?
Answer: North Amerca is expected to remain the largest region and witness the good growth over next 5 years 
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

Q.1 What are some of the most promising potential, high growth opportunities for the global antimicrobial coating market by resin type (acrylic, polyester, polyurethane, epoxy and others), end use industry (building & construction, medical, food & beverages, textile and others), biocides type (silver, copper, zinc, quaternary ammonium compounds, octylisothiazolinone and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?

For any questions related to antimicrobial coating market or related to antimicrobial coating companies, antimicrobial coating market size, antimicrobial coating market share, antimicrobial coating  analysis, write Lucintel analyst at email: 
helpdesk@lucintel.com. We will be glad to get back to you soon.


Table of Contents

1. Executive Summary
 
2.  Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Value Chain Analysis
2.3: Industry Drivers and Challenges
2.4: Regulations
2.5: Coating Application Mapping
 
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1: Macroeconomic Trends (2018-2023) and Forecasts (2024-2030)
3.2:  Global Antimicrobial Coatings Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Antimicrobial Coating Market by End Use Industry
3.3.1: Building and Construction
3.3.1.1: Global Building and Construction Antimicrobial Coatings Market by Type
3.3.1.2: Global Building and Construction Antimicrobial Coatings Market by Application
3.3.2: Medical
3.3.2.1: Global Medical Antimicrobial Coatings Market by Type
3.3.3: Food and Beverages
3.3.3.1: Global Food and Beverages Antimicrobial Coatings Market by Type
3.3.4: Textiles
3.3.4.1: Global Textiles Antimicrobial Coatings Market by Type
3.3.5: Others 
3.4: Global Antimicrobial Coatings Market by Biocides Type:
3.3.1: Silver
3.3.2: Copper
3.3.3: Zinc
3.3.4: Quaternary ammonium compounds
3.3.5: Octylisothiazolinone
3.3.6: Others 
3.5: Global Antimicrobial Coatings Market by Resin:
3.5.1: Acrylic
3.5.2: Polyester
3.5.3: Polyurethane
3.5.4: Epoxy
3.5.5: Others 
 
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Antimicrobial Coatings Market by Region
4.2: North American Antimicrobial Coatings Market
4.2.1: Market by End Use Industry: Building and Construction, Medical, Food and Beverages, Textile and Others
4.2.2: Market by Biocides Type: Silver, Copper, Zinc, Quaternary Ammonium Compound, Octylisothiazolinone and Others
4.2.3: Market by Resin: Acrylic, Polyester, Polyurethane, Epoxy and Others
4.2.4: United States Antimicrobial Coatings Market
4.2.5: Canadian Antimicrobial Coatings Market
4.2.6: Mexican Antimicrobial Coatings Market
4.3: European Antimicrobial Coatings Market
4.3.1: Market by End Use Industry: Building and Construction, Medical, Food and Beverages, Textile and Others
4.3.2: Market by Biocides Type: Silver, Copper, Zinc, Quaternary Ammonium Compound, Octylisothiazolinone and Others
4.3.3: Market by Resin: Acrylic, Polyester, Polyurethane, Epoxy and Others
4.3.4: German Antimicrobial Coatings Market 
4.3.5: Russian Antimicrobial Coatings Market
4.3.6: United Kingdom Antimicrobial Coatings Market
4.3.7: Italian Antimicrobial Coatings Market
4.3.8: French Antimicrobial Coatings Market
4.4: APAC Antimicrobial Coatings Market
4.4.1: Market by End Use Industry: Building and Construction, Medical, Food and Beverages, Textile and Others
4.4.2: Market by Biocides Type: Silver, Copper, Zinc, Quaternary Ammonium Compound, Octylisothiazolinone and Others
4.4.3: Market by Resin: Acrylic, Polyester, Polyurethane, Epoxy and Others
4.4.4: Chinese Antimicrobial Coatings Market
4.4.5: Indian Antimicrobial Coatings Market 
4.4.6: Japanese Antimicrobial Coatings Market
4.4.7: South Korean Antimicrobial Coatings Market
4.5: ROW Antimicrobial Coatings Market
4.5.1: Market by End Use Industry: Building and Construction, Medical, Food and Beverages, Textile and Others
4.5.2: Market by Biocides Type: Silver, Copper, Zinc, Quaternary Ammonium Compound, Octylisothiazolinone and Others
4.5.3: Market by Resin: Acrylic, Polyester, Polyurethane, Epoxy and Others
4.5.4: Turkish Antimicrobial Coatings Market
4.5.5: UAE Antimicrobial Coatings Market
 
5. Competitors Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis
 
6. Cost Structure Analysis
6.1: Cost of Goods Sold
6.2: SG&A
6.3: EBITDA Margin
 
7. Growth Opportunities and Strategic Analysis
7.1: Growth Opportunity Analysis
7.1.1: Growth Opportunities for the Global Antimicrobial Coatings Market by End Use Industry
7.1.2: Growth Opportunities for the Global Antimicrobial Coatings Market by Biocides Type 
7.1.3: Growth Opportunities for the Global Antimicrobial Coatings Market by Resin
7.1.4: Growth Opportunities for the Global Antimicrobial Coatings Market by Region 
7.2: Emerging Trends in the Global Antimicrobial Coatings Market
7.3: Strategic Analysis
7.3.1: New Product Development
7.3.2: Capacity Expansion
7.3.3: Mergers, Acquisitions, and Joint Ventures
 
8. Company Profiles of Leading Players 
8.1: AkzoNobel
8.2: Axalta Coating System
8.3: PPG Industries Inc
8.4: Sherwin-Williams
8.5: BASF
.

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94 figures/charts and 93 tables are provided in this 211 - page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
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Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.