Antimicrobial Coating Market: Trends, Opportunities and Competitive Analysis [2022-2027]

Antimicrobial Coating Market Trends and Forecast

The future of the global antimicrobial coating market looks promising with opportunities in building & construction, medical, food & beverages, and textile industries. The antimicrobial coating market is expected to reach an estimated $6.5 billion by 2027 with a CAGR of 8.5% from 2021 to 2027. 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.

Emerging Trends in the Antimicrobial Coating Market

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.
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 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 2016 – 2027]:

• Acrylic
• Polyester
• Polyurethane
• Epoxy
• Others

Antimicrobial Coating Market by End Use Industry [Value ($M) and Volume (M lbs) shipment analysis for 2016 – 2027]:

• Building and Construction
• Medical
• Food and Beverages
• Textile
• Others

Antimicrobial Coating Market by Biocides Type [Value ($M) and Volume (M lbs) shipment analysis for 2016 – 2027]:

• Silver
• Copper
• Zinc
• Quaternary Ammonium Compounds
• Octylisothiazolinone
• Others

Antimicrobial Coating Market by Region [Value ($M) and Volume (M lbs) analysis for 2016 – 2027]:

• 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

List of Antimicrobial Coating Companies

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

Antimicrobial Coating Market Insight

• 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.

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 (2016-2021) and forecast (2022-2027) 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.

FAQ 

Q1. How big is the antimicrobial coating market?
Answer: The global antimicrobial coating market is expected to reach an estimated $6.5 billion by 2027  
Q2. What is the antimicrobial coatings market growth?
Answer: The antimicrobial coating market is expected to grow at a CAGR of 8.5% from 2021 to 2027.           
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?