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The global antimicrobial coatings market size reached US$ 4.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.4 Billion by 2028, exhibiting a growth rate (CAGR) of 10.1% during 2023-2028.
Antimicrobial coatings assist in maintaining the quality of a surface by obstructing the growth of microorganisms like fungi, parasites and bacteria. The usage of these coatings provides improved cleanliness and hygiene as they eliminate the requirement of frequent cleaning. As a result, they are more cost-effective and offer lasting protection against pathogens. Antimicrobial coatings are generally applied on walls, vents, counters and door handles. Moreover, as these coatings help in sterilizing medical tools, surgical masks, gloves and clothing, they find vast applications in clinics, hospitals and healthcare centers. Besides this, they are also employed in industries such as textile, automotive, healthcare, construction, and food and beverage.
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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The application of antimicrobial coatings not only improves the durability and appearance of a surface but also aids in shielding the surface from the attack of microbes. As a result, these coatings are widely used to eliminate the germination of pathogens which can cause infectious diseases such as Ebola, influenza, mumps, measles, chickenpox and rubella. Apart from this, awareness about the sick building syndrome, wherein the occupants of a building experience acute health issues due to the deteriorating air quality, is increasing worldwide. This has led to a rise in the demand for antimicrobial coatings for use in building interiors. In addition to this, manufacturers are investing in research and development activities to develop innovative products, sustain their market position and expand their overall consumer base.
IMARC Group provides an analysis of the key trends in each sub-segment of the global antimicrobial coatings market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product type and application.
Breakup by Product Type:
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Breakup by Application:
Breakup by Region:
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The report has also analysed the competitive landscape of the market with some of the key players being Akzo Nobel N.V., BASF SE, Diamond Vogel, Axalta Coating Systems, Nippon Paint Company Ltd, PPG Industries, Royal DSM, RPM International Inc., The DOW Chemical Company., The Sherwin-Williams Company, etc
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Billion |
| Segment Coverage | Product Type, Application, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Companies Covered | Akzo Nobel N.V., BASF SE, Diamond Vogel, Axalta Coating Systems, Nippon Paint Company Ltd, PPG Industries, Royal DSM, RPM International Inc., The DOW Chemical Company. and The Sherwin-Williams Company |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global antimicrobial coatings market was valued at US$ 4.6 Billion in 2022.
We expect the global antimicrobial coatings market to exhibit a CAGR of 10.1% during 2023-2028.
The rising adoption of antimicrobial coatings to eliminate the germination of pathogens that cause infectious diseases, such as Ebola, influenza, mumps, measles, etc., is primarily driving the global antimicrobial coatings market.
The sudden outbreak of the COVID-19 pandemic has led to the increasing demand for antimicrobial coatings to sterilize medical tools, surgical masks, gloves, and cloths across the healthcare sector to combat the spread of the coronavirus infection.
Based on the product type, the global antimicrobial coatings market has been categorized into silver antimicrobial coatings, copper antimicrobial coatings, and others. Currently, silver antimicrobial coatings hold the largest market share.
Based on the application, the global antimicrobial coatings market can be divided into indoor air quality, mold remediation, medical/healthcare, food and beverage, textile, and others. Among these, the medical/healthcare sector exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Middle East and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global antimicrobial coatings market include Akzo Nobel N.V., BASF SE, Diamond Vogel, Axalta Coating Systems, Nippon Paint Company Ltd, PPG Industries, Royal DSM, RPM International Inc., The DOW Chemical Company., The Sherwin-Williams Company, etc.
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