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2020
Anti-microbial Coatings Market

Anti-Microbial Coatings Market

by Type (Anti-Bacterial, Anti-Viral, Anti-Fungal, and Others), Coating Material (Silver, Copper, Graphene, Titanium Dioxide, and Others), Application (Protective Clothing, Medical, Air & Water Treatment, Packaging, Building & Construction, Mold Remediation, and Others), and Form (Spray, Powder, Liquid, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027
Update Available On-Demand

Report Code: A07413
Pages: 284
Oct 2020 | 6121 Views
Author(s) : Yamini Parihar , Eswara Prasad
Tables: 149
Charts: 80
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Anti-Microbial Coatings Market Outlook - 2027

The global anti-microbial coatings market was valued at $4.0 billion in 2019 and is anticipated to reach $11.6 billion by 2027. The market is projected to experience growth at a CAGR of 13.3% from 2020 to 2027.

Anti-microbial coatings market will witness higher paced growth owing to its effective results in curbing the micro be growth preventing hand to mouth transmission especially in the wake of COVID-19.

Viruses are a group of heterogeneous organisms that feed on the host’s body. They have no metabolic activity of their own and completely depend on the host for living. Protection from virus can be achieved only when the contact with the living host is cut off. The molecular structure of a virus contains a protein coat that protects it. However, when controlled on the surface level, the virus can be contained and further spread can be prevented. Anti-microbial coatings are used for the purpose of containing the virus on the surface. Nanoparticles attack the virus’s surface and do not allow the protein formation, which cuts the further spread. 

Anti-Microbial-Coatings-Market-2020-2027

The anti-microbial coatings market is driven by increased demand for the product during the pandemic situation. The need to prevent the spread of the virus has driven the demand for anti-microbial coatings, further fostering the market growth. Moreover, high demand from indoor air/HVAC applications has also positively impacted the market growth. However, lower R&D activities and lack of demonstration proving the effectiveness of such coatings have always restrained the anti-microbial coatings market growth. Furthermore, challenges faced during the pandemic have certainly made industries aware about the importance of such coatings and opened opportunities for the industry growth. R&D activities are being carried out at deeper level and faster pace, which can result in enhanced and more reliable solutions, thereby offering wide opportunities for the industry growth.

The key players operating in the anti-microbial coatings market are Arkema SA, Nippon Paints Holdings, Co. Ltd., PPG Industries, Inc., Akzo Nobel N.V., BASF SE, DuPont De Nemours, Inc., Biomerics, Axalta Coating Systems, LLC, nano-Care Deutschland AG, Bio-Fence, and The Sherwin-William Company. The players are continuously researching and working toward finding the impact of several anti-microbial coatings on coronavirus.

Anti-Microbial Coatings Market
By Type

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Anti-Bacterial is projected as the most lucrative segment.

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Anti-microbial coatings market, by type 

Based on type, the anti-bacterial coatings segment dominated the market owing to its wide use. However, the same segment is expected to grow at faster pace, owing to its demonstrated effectiveness against various bacteria. Moreover, the rise in demand for these coatings during the pandemic also acts as driving factor for the market growth.

Anti-Microbial Coatings Market
By Coating Material

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Silver is projected as the most lucrative segment.

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Anti-microbial coatings market, by coating material 

Depending on coating material, silver dominated the anti-microbial coatings market share, followed by copper. Silver and copper have been in use for a long time as anti-bacterial and anti-microbial as they are toxic to micro-organisms. The use of silver and copper has not demonstrated any harmful effects on human beings. Therefore, this resulted in their wide acceptance for several medical purposes. Moreover, as they are abundantly present in natural, their ease in availability in large amounts also acts as the driving factor for the anti-microbial coatings market growth.

Anti-Microbial Coatings Market
By Application

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Medical is projected as the most lucrative segment.

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Anti-microbial coatings market, by application

On the basis of application, the medical segment dominated the market share and is expected continue during the forecast period. This is attributed to the product’s wide use in medical products, surfaces, door handles, devices, and others that require regular cleaning and disinfection. Moreover, during the current pandemic outbreak, disinfection and regular sanitization of surfaces have changed the way the world is living. Therefore, anti-microbial coatings offer long and reliable solution by decreasing the number of disinfection and sanitization activities on per day basis.

Anti-Microbial Coatings Market
By Form

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Liquid is projected as the most lucrative segment.

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Anti-microbial coatings market, by form

Based on form, liquid coatings dominated the market share. However, spray coatings are expected to drive the market growth, owing to ease of use and increase in demand from the commercial and residential sectors. 

Anti-Microbial Coatings Market
By Region

2027
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific is projected as the most lucrative market.

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Anti-microbial coatings market, by region

North America dominated the market share in 2019. However, rise in product demand from across the globe is expected, owing to the COVID-19 outbreak. The most affected areas in the world are anticipated to boost the demand for anti-microbial coatings as they are effective in preventing the spread of the virus. Asia-Pacific is expected to grow at higher CAGR, owing to rise in demand for the product and improved healthcare systems.

Key benefits for stakeholders

  • The report provides in-depth analysis of the anti-microbial coatings market forecast along with the current and future market trends.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis during the forecast period.
  • Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the anti-microbial coatings industry for strategy building.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The qualitative data in this report aims at the anti-microbial coatings market trends, dynamics, and developments.
  • The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable anti-microbial coatings market share.

Anti-Microbial Coatings Market Report Highlights

Aspects Details
BY TYPE
  • Anti-Bacterial
  • Anti-Viral
  • Anti-Fungal
  • Others
BY COATING MATERIAL
  • Silver
  • Copper
  • Graphene
  • Titanium Dioxide
  • Others
BY APPLICATIONS
  • Protective Clothing
  • Medical
  • Air & Water Treatment
  • Packaging
  • Building & Construction
  • Mold Remediation
  • Others
BY FORM
  • Spray
  • Powder
  • Liquid
  • Others
BY REGION
  • North America  (U.S, Canada, Mexico)
  • Europe  (Germany, UK, France, Italy, Spain, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Key Market Players Akzo Nobel N.V, Axalta Coating Systems, Ltd, ARKEMA SA, BASF SE, Biomerics, LLC, DuPont De Nemours, Inc, NANO-CARE DEUTSCHLAND AG, NIPPON PAINT HOLDINGS CO., LTD, The Sherwin-Williams Company
 

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Anti-microbial coatings are used to prevent the spread of microbes on surfaces. The COVID-19 outbreak has increased the demand for disinfection of surfaces on a regular basis. However, regular cleaning activities and deep level sanitization can be costly and rigorous & tiring activity. Anti-microbial coating offer protection for longer time period as it prevents surface spread of microbes. It has also proven effective to prevent the spread of hospital-acquired infections (HAI). Therefore, rise in demand for anti-microbial coatings from the medical industry as well as commercial & residential sectors, owing to the COVID-19 outbreak drives the anti-microbial coatings market growth. In addition, demand from indoor air/HVAC application also drives the anti-microbial coatings market growth. However, lack of R&D activities in the sector restrains the market growth. Furthermore, the COVID-19 outbreak has provided new opportunities for the market growth as market players are investing huge amounts in R&D activities.

 

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FREQUENTLY ASKED QUESTIONS?

A. The total market size of global Anti-microbial Coatings Market is $4.0 billion in 2019.

A. are Arkema SA, Nippon Paints Holdings, Co. Ltd., PPG Industries, Inc., Akzo Nobel N.V., BASF SE, DuPont De Nemours, Inc., Biomerics., Axalta Coating Systems. LLC, nano-Care Deutschland AG, Bio-Fence, and The Sherwin-William Company are the emerging players in the industry.

A. Anti-bacterial and anti-viral clothing is the major are of development in the industry followed by anti-fungal.

A. Medical, packaging, air & water treatment, aviation, transportation, and building & construction industry is projected to increase demand for anti-microbial coatings market.

A. Anti-microbial coatings market is driven by increased demand during the pandemic situation. The need for preventing the spread and infection has driven the demand for anti-microbial coatings further fostering the market growth.

A. The most influencing segment is liquid coatings in term of form of coatings.

A. North America holds the maximum market share of the Anti-microbial Coatings market.

A. Medical device coatings, protective clothing coatings, package coatings, and air & water treatment are expected to drive the adoption of Anti-microbial Coatings.

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