Antimicrobial Coatings Market Analysis 2020-2027:

An antimicrobial coating is referred to a microbe-resistant coating, which inhibit microbial contamination. These coatings are used to coat dry or smoothen surfaces. In addition, antimicrobial coatings are utilized in clinical items, gadgets, and surfaces in clinical offices to prevent the spread of diseases. The clinical application represents the largest share of the antimicrobial coatings market, and this trend is anticipated to continue throughout the forecast period. Silver has the largest intake among all antimicrobial coatings, as it has been known to be a strong antibacterial agent and is effective against germs, fungi and algae. Thus, in the past few years, the use of silver in coatings has increased at a considerable rate.

Market scope and structure analysis:

Covid-19 scenario analysis

• The market is anticipated to witness severe impact of COVID-19 pandemic, as governments have executed lockdown to flatten the curve of rising infections. Supply chain disruption, social distancing norms for laborers, limitation of development, and reduced production rates are expected to negatively influence the market growth.
• Moreover, lockdown of cafés and other restaurant chains is expected to affect the nourishment industry, which, in turn, is likely to negatively impact the development of antimicrobial coatings market.
• However, post COVID-19, this industry is projected to grow at a significant rate, as the necessity for providing hygiene and protection from viruses will increase. Furthermore, as the coronavirus can stay on any surface for a longer duration, these coatings can act as a shield for microorganisms, thus preventing from infection.

Top impacting factors: market scenario analysis, trends, drivers, and impact analysis

The governments in developed countries have mandated the use of antimicrobial coatings in hospitals, schools, public venues, and other architectures, which significantly contributes toward the growth of the global market. This is attributed to the fact that antimicrobial coatings decrease the risk of spreading infections caused mostly by viruses and bacteria. However, the efficiency of silver-coated antimicrobial medical devices, textiles, or wall paints decreases due to wear & tear, thus weakening the antimicrobial activity and increasing the risk of microbial infection. On the contrary, companies operating in the global antimicrobial market are focusing on incorporating antimicrobial compounds in toothpaste, hand soaps, and socks to prevent the growth of microbes and provide hygiene, which is anticipated to offer remunerative opportunities for the expansion of the global market during the forecast period.

New product launches to boost the market growth

In April 2020, Paint producer, Caparol reported another paint item named CapaCare Protect with antimicrobial properties that utilizes silver particles to destroy the cell layer of natural contaminants, including microscopic viruses. Silver ions prevent DNA duplication of bacteria and viruses and attack the structure and penetrability of the cell membrane. CapaCare Protect offered by the company is used in hospitals, schools, and hotels for protecting and shielding the walls.

Biointeractions, manufacturer of biocompatable coatings for medical devices, recently launched a new antimicrobial coating with no toxic effect in the infants and old people. The coating works as a contact-killing instrument.

Surge in usage in antimicrobial and industrial applications

Companies are continuously targeting the customers with guarantee of infection-free coating. With such an assurance, hospitals, hotels, and schools are increasingly adopting virus-free coatings for application on their wall and floors. These coatings are made from zinc, silver, and pyrithirone. An antimicrobial surface covering prevents degradation and decay of the coatings by giving antimicrobial assurance.

Key segments covered

Key benefits of the report

• This study presents the analytical depiction of the global antimicrobial coatings industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report further presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global antimicrobial coatings coal market share.
• The current market is quantitatively analyzed from 2020 to 2027 to highlight the global antimicrobial coatings market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed market analysis depending on the competitive intensity and how the competition will take shape in coming years.

Questions answered in the antimicrobial coatings market research report:

• Which are the leading players active in the antimicrobial coatings market?
• What the current trends that will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities that will impact the market?
• What are the projections for future that would help in taking further strategic steps?