Market Reports | Product Report

Fast Growth in Antimicrobial Coating Market to Push Value Beyond

Published: December 26, 2024
Author: TEXTILE VALUE CHAIN

The antimicrobial coatings market size is anticipated to record over 8.8% CAGR from 2024 to 2032, led by heightened awareness of hygiene and infection control across sectors like healthcare, consumer goods, and public infrastructure. In healthcare, antimicrobial coatings play a pivotal role in curbing infection spread on surfaces, including medical equipment, hospital walls, and flooring. The surge in hospital-acquired infections (HAIs) underscores the rising demand for these coatings. According to WHO, approximately 136 million individuals worldwide are affected by HAIs.

Emerging technologies, such as those harnessing silver nanoparticles, copper, and advanced polymers, are revolutionizing the market. These innovations promise enhanced effectiveness, durability, and broad-spectrum pathogen protection, aligning with industry demands for robust and lasting solutions. Furthermore, bolstered by increasing regulatory support, the adoption of antimicrobial coatings across diverse applications is on the rise.

The industry is divided into type, application, and region.

Based on type, the antimicrobial coatings market size from the antimicrobial powder coatings segment is expected to record a significant CAGR from 2024 to 2032. This is due to its versatile application and superior performance characteristics. Powder coatings, which are applied as a dry powder and then cured under heat, offer a durable, long-lasting finish with excellent adhesion and resistance to wear.

Antimicrobial coatings market share from the mold remediation application segment is projected to rise from 2024 to 2032 owing to their rising need to provide effective solutions for controlling and preventing mold growth on various surfaces. Mold remediation efforts require coatings that not only eliminate existing mold but also inhibit future fungal growth, which antimicrobial coatings are specifically designed to achieve.

Asia Pacific antimicrobial coatings industry is projected to exhibit lucrative growth between 2024 and 2032 owing to rapid urbanization and industrialization. As urban areas burgeon and infrastructure projects multiply, the demand for antimicrobial coatings intensifies, especially for high-touch surfaces, public spaces, and industrial equipment.

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