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By 2027, the antimicrobial coatings market will be valued $7 billion.

Published: January 6, 2023
Author: TEXTILE VALUE CHAIN
According to a new market research report, the Antimicrobial Coatings Market by Type (Sliver, Copper, Titanium Dioxide), End-user Industry (Medical & Healthcare, Building & Construction, Protective Clothing, HVAC System, Transportation), and Region – Global Forecast to 2027″, Antimicrobial coatings market size is projected to reach USD 7.0 billion by 2027 from USD 4.2 billion in 2022 growing at a CAGR of 10.8%.

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  • 194 Market data Tables
  • 38 Figures
  • 215 Pages and in-depth TOC on “Antimicrobial Coatings Market – Global Forecast to 2027″

This report also provides a comprehensive analysis of the companies listed below:

AkzoNobel N.V.(Netherlands), Axalta Coating Systems Ltd. (US), The Sherwin-Williams Company (US), BASF (Germany), PPG Industries Inc. (US), Nippon Paint Holdings Co. Ltd. (Japan), RPM International Inc. (US), Koninklijke DSM N.V.(Netherlands), Sika AG (Switzerland), Lanxess AG (Germany)

Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Antimicrobial Coatings Market.

Silver to hold the largest market share in type segment during market forecast period.

Silver-based antimicrobial coatings are widely used in various applications because of there have high efficacy against viruses, bacteria, and other eukaryotic microorganisms. Silver-based antimicrobial coatings have proven strong inhibitory properties against bacteria and viruses, such as E. coli, H1N1 influenza, and Listeria. Once silver-based antimicrobial coatings are applied to the substrate, silver coatings release silver ions in a controlled manner continuously, which inhibits microbes or pathogens growth on the surface. These all factors drove the the demand for silver type of antimicrobial coatings.

Medical & Healthcare accounted for the largest share in 2021 in application segment

In the medical & healthcare sector, the growing concern about hospital-acquired infections (HAIs) and their related impact on human health is driving the adoption of antimicrobial coatings. Similarly, to avoid the spread and growth of the COVID-19 virus and other bacteria on the surfaces, several temporary built and existing healthcare facilities are using antimicrobial coatings as a protective layer on various human contact surfaces such as door handles, trails, beds and healthcare instruments. Antimicrobial coatings have thus emerged as an effective solution in the medical & healthcare sector to fight COVID-19.

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