According to a 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%.
Antimicrobial coatings are used to prevent the spread of touch-transmitted pathogens through inhibiting its growth. Antimicrobial coatings are effective against a wide range of viruses and bacteria spreading chronic and acute diseases. Few viruses, such as Influenza H1N1, SARS, bird flu, common cold, and flu viruses are contagious, and these types of coatings are proven inhibitors of their infections.
Download PDF Brochure: https://www.
Browse
- 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:
The major Players in antimicrobial coatings market comprises major players such as 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.
Recent Developments
- In August 2022, PPG Industries Inc. has announced to invest of USD 11 Million to enhance the production capacity of powder coatings in Mexico.
- In July 2022, an investment has been announced by AkzoNobel N. V. to increase and improve the production of aerospace coatings and improve the production flexibility of decorative paints in Europe.
- In July 2022, AkzoNobel N. V. acquired the wheel liquid coating business of Lankwitzer Lackfabrik GmbH.
- In June 2022, AkzoNobel N. V. acquired the paints and coatings business of Kansai Paint in South Africa.
- In June 2022, Sika AG opened a new manufacturing plant of concrete admixtures in Virginia (US). Sika AG will satisfy the strong demands in the Northeast and Mid-Atlantic regions.
- In March 2022, PPG Industries, Inc. announced to open of a Research and Development Centre in Milan, Italy. This R&D Center will develop innovative technologies for powder coatings.
- In March 2022, AkzoNobel N. V. started a global research and development center in the UK.
- In February 2022, PPG Industries, Inc. acquired the powder coatings business of Arsonsisi, headquartered in Milan, Italy
- In February 2022, Nippon Paint Holdings Co. Ltd. increased its product portfolio by adding a new product Protecton Floor VK Clear, which is an antiviral and antibacterial paint used for interior and semi-exterior floors. In the same year, Nippon Paint Holdings Co. Ltd. added a new product Protecton Interior Wall VK Coat to its product portfolio. This product is used for interior walls only.
- In February 2022, The Sherwin-Williams Company signed an agreement with the state of North Carolina, Iredell County, and the city of Statesville to expand the architectural paint and coatings manufacturing capacity. This includes the 36,000-square-foot extension and addition of 4 new rail spurs and the construction of 800,000-square-foot distribution and fleet transportation center.
- In January 2022, BASF collaborated with Permionics Membranes Pvt. Ltd. to build washable and reusable face masks for India
Request Sample Pages: https://www.
Antimicrobial coatings can be used across various applications, including wall paintings of indoor and outdoor walls, surgical instruments & other medical devices, protective clothing, HVAC Systems, and others. It is mainly used in the healthcare and medical sector because these coatings have a tendency to inhibit the growth of microorganisms on substrate surfaces.
The market for antimicrobial coatings is segmented based on type as silver, copper, titanium dioxide, and others. The silver-based segment is projected to be the fastest-growing in the overall antimicrobial coatings market during the forecast period. The growth of this segment is attributed to its properties, such as high efficacy rate, long-lasting effect, durability, and strength, among others.
The antimicrobial coatings market is classified, based on application as medical & healthcare, food & beverage, building & construction, HVAC system, protective clothing, transportation, and others. The medical & healthcare segment is projected to register the fastest growth in the overall antimicrobial coatings market during the forecast period in terms of value. The growth of the segment is attributed to the increasing demand for antimicrobial coating to prevent the spread and safeguard patients and hospital staff from hospital-acquired infections (HAIs).
North America is also estimated to be the largest market for Antimicrobial coatings Market during the forecast period. The growth of the North American antimicrobial coatings market is driven by the rising demand for antimicrobial coatings from the medical & healthcare sector to inhibit the growth of bacteria and microbes causing HAIs and COVID19. Also, due to stringent rules and regulations regarding indoor air quality, HVAC system producers are using antimicrobial coatings on surfaces to maintain the required air quality by inhibiting the growth of mold and bacteria.
Inquire Now: https://www.
