Antimicrobial Coatings Industry Trends & Opportunities, Revenue, Future Potential, 2022-2027
Research Reports
Mar 09, 2022
Antimicrobial Coatings Market – Market Overview
Increasing concerns for cleanliness in end use industries is estimated to propel market demadn for Antimicrobial Coatings Market. Owing to rising concerns in human being for acquired infections from medical equiments in hospitals, the demadn for antimicrobial coatings is bolstering medical industry. Antimicrobial coatings are nowadays replacing powerful cleaning chemicals, and disinfectants used in medical industry. Surgical equipments in healthcare is prominently driving the demadnof antimicrobial coatigs in healthcare industry. Antimicrobial coatings are used to inhibit spread of germs and bacteria among medical professionals, and patients. Growing per capita spending on healthc are is estimated to fuel antimicrobial coatings demand in healthcare industry. Increasing stringent regulation for medical device coatings is antcipated t to propel market demand for antimicrobial coating s demand in healthcare industry.
Apart from healthcare industry, food processing industry is another major end-user of the antimicrobial coatings market. Increasing production is fueling the overall demadn for antimicrobial coatings across the globe. Growing disposable income and,, food demand are tehe major factors driving global antimicrobial coatings demadn in food processing industry.
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Apart from healthcare & food processing indutries, construction, textile, and marine industry are estimated to be the end-use industry driving demand of antimicrobial coatings across the globe. Recently, there is upsurge in demand from residential and commercial buildings is observed. The antimicrobial coatins are used in residential and commercial buildings in order to minimize indoor air polution. Growing concerns for maintaining indoor air quality is catalysing market demand mainly in developed markets in Europe & North America. Need to preserve materials for prolong period during transportation, and stringent regulations are estimated to be the major driving factors for global antimicrobial coatings market
Among different materials used in antimicrobial coatings namely, silver, copper, organic, and polymeric silver materials are widely used invarious industry. Moreover, in near future the materials are antcipated to witness increased growth.
Based on geography, global market is classified as North America, Europe, Latin America, Asia-Pacific, and Middle East & Africa. Among various regions North America and Europe are the leading regions in terms of market share the high market share in the region is attributed to the high per capita spending in healthcare and food. Asia-Pacific is estimated to be th emerging market with highest growth rates.
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Covid-19 analysis
The coronavirus outbreak first started in Wuhan city, and then it rapidly spread all over the world. This covid-19 is a disease that can be spread through contact with the virus. That is why the government has advised maintaining hygienic. By following good hygienic practices, the spread of coronavirus can be reduced. The world is changing after the covid-19 pandemic as there are many businesses that are suffering due to the pandemic but it. The pandemic has bought opportunities for some businesses as well. The Anti-Microbial coating market has seen a huge demand after the covid-19 pandemic, especially in healthcare sectors. The Anti-Microbial coating has gained so much attention, and it is applied to so many sectors and facilities to prevent the further spread of the coronavirus. Apart from healthcare and sectors, other sectors are also taking safety measures, so they have adopted the Anti-Microbial coating to prevent the spread of the virus. The demand for Anti-Microbial coating will grow more in the coming years, and the key players are ready to meet the demand.
Industry/ Innovation/ Related News
Jan 2017: Kastus technologies, an Irish startup launched two antimicrobial coatings products. The irist start-up company recently attracted hige investment to produce and market its products. The product launch has highlighted the focus of stratupe on product innovation. Its relatively new entrant in the market and high focus on innovation.
Feb 2017; Foster Corporation launched a new microbial masterbatch coat for the medical device industry. The company has introduced the novel product that can be blend with medical device polymers and is marketing under brand name Combat. The development is in line with the overall market trend to focus on innovation to cater prominent end-use industry.
Sept 2016; BASF SE, one of the leading chemical company launched antimicrobial admixture for concrete protection under the brand name, ‘Masterlife AMA 100’. The development underlines the focus on the manufacturers for providing application specific products. The market leader is expected to stimulate the interests of followers for providing application specific products.
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Antimicrobial Coatings Market – Competitive Analysis
Major companies in the global antimicrobial coatings market are the leading paints & coating companies such as PPG , AkzoNoble ,and RPM international. Companies are competiting and investing in R&D for developing better, efficient, and novel products. This market has relatively low barrier for new entrants. Market entrants with major focus on innovation been observed in recent years. For instance Kastus, a Turkish manufacturer which has focus on product innovation has recently entered into the market.
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