Antimicrobial Coatings Market by Type (Silver-based, Zinc-based, Copper-based, Polymer-based, and Others) and End-Use Industry (Healthcare, Building & Construction, Food Service Packaging, Aviation, Marine, and Others): Global Opportunity Analysis and Ind

Antimicrobial Coatings Market by Type (Silver-based, Zinc-based, Copper-based, Polymer-based, and Others) and End-Use Industry (Healthcare, Building & Construction, Food Service Packaging, Aviation, Marine, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030

The global antimicrobial coatings market was valued at $3.7 billion in 2020, and is projected to reach $11.0 billion by 2030, growing at a CAGR of 11.5% from 2021 to 2030.

Antimicrobial coatings are type of coatings that are incorporated with specific chemicals used to hinder the microbes and pathogen growth through cellular membrane perturbation. These coatings increase surface durability, appearance, and improves corrosion resistance apart from serving its role of suppressing microbial growth.

The growth of the global antimicrobial coatings market is driven by increase in adoption of antimicrobial coatings in healthcare sector and increase risk of healthcare associated infections (HAIs).  According to report by European Center for Disease Prevention and Control, around 4 million people tend to acquire HAIs and around 37,000 deaths occur yearly due to risk of HAIs. Contending HAIs such as central line associated bloodstream infections (CLABSI), catheter-associated urinary tract infections (CAUTI), and surgical site infections (SSI) are problematic in the medical & healthcare sector. In western countries such as Norway, the UK, the U.S., and Canada, healthcare associated infections are considered to be causing more deaths and are ranked sixth among leading cause of death. The situation and causes of deaths related to HAIs in developing countries such as Indonesia, India, Iran, and Iraq is worsening. These all factors have increased the demand and need for surface protection technologies and products globally. The need for surface protection is not only confined to the healthcare sector, but is also crucial in other end-use industries such as building & construction, textiles, food service packaging, and others. Antimicrobial coatings tend to offer improved surface protection and prohibits the microbial colonization on treated surfaces. Thus, all these factors together are predicted to augment the demand for the global antimicrobial coatings market.

However, antimicrobial coatings pose several risks such as emission of active ingredients, release of toxic contaminants into eco-system, and others. Antimicrobial coatings tend to release active agents that further slowly enter the eco-system and in turn leads to health hazards. In addition, antimicrobial coatings based in silver, zinc, and copper tend to release toxins that are dangerous to oceanic creatures such as fish and crustaceans, which is expected to hamper the market growth.

Conversely, presence of bacteria and mildew in building products and materials leads to stains, odor, and product degradation. Building materials usually contain starch, adhesives (organic), and cellulosic sugar. These are the ideal source of nutrient that leads to growth of mold, mildews, and bacteria. This in turn increases the risk of repair, replacement of building materials, and cost associated with temporary relocation. Incorporation of antimicrobial coated building products helps to minimize the risk of bacterial growth and creates clean environmental conditions. Insulation materials, LVT flooring, ceramic tiles, PVC roofing membranes, sanitaryware, plumbing components, HVAC parts, and floor coatings are some examples that uses antimicrobial coatings during production. Growing building specifications coupled with stringent regulations have created immense growth opportunities for the growth of antimicrobial coatings in building and construction end-use industry.

The antimicrobial coatings market is segmented on the basis of type, end-use industry, and region. On the basis of type, the market is categorized into silver-based, zinc-based, copper-based, polymer-based, and others. By end-use industry, it is classified into healthcare, building & construction, food service packaging, aviation, marine, and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

The global antimicrobial coatings market profiles leading players that include Advanced Nanotech Lab (ANT Lab), Novapura AG, Axalta Coating Systems, LLC, Apogee Enterprises Inc., Akzo Nobel N.V., Sciessent LLC, Pylon Coatings, PPG Industries, Inc., The Sherwin Williams Company, and Nippon Paint Holdings.

The global antimicrobial coatings market report provides in-depth competitive analysis as well as profiles of these major players.

Key benefits for stakeholders

Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
It outlines the current trends and future estimations of the market from 2020 to 2030 to understand the prevailing opportunities and potential investment pockets.
The major countries in the region have been mapped according to their individual revenue contribution to the regional market.
The key drivers, restraints, and opportunities and their detailed impact analysis are explained in the study.
The profiles of key players and their key strategic developments are enlisted in the report.

Key market segments

By Type
Silver-based
Zinc-based
Copper-based
Polymer-based
Others
By End-Use Industry
Healthcare
Building & Construction
Food Service Packaging
Aviation
Marine
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
Italy
Spain
U.K.
Russia
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Myanmar
Malaysia
Thailand
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
UAE
South Africa
Rest of LAMEA

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