Anti-Microbial Coatings Market
Global Anti-Microbial Coatings Market Size, Share & Trends Analysis Report by Type (Silver, Copper, Titanium Dioxide, and Others), by Application (Medical & Healthcare, Food & Beverage, Protective Clothing, Building and Construction, and Others [Air & Water Treatment, Transportation]) Forecast Period 2021-2027 Update Available - Forecast 2024-2030
The global anti-microbial coatings market is projected to have a considerable CAGR of 9.2% during the forecast period (2021-2027). The rising number of infectious diseases, as well as the growing use of antimicrobial coatings in healthcare facilities for sterilization of medical devices, drive the market for antimicrobial coatings. Furthermore, physicians prefer antimicrobial coatings over disinfectants and strong cleaning agents since this helps to control the spread of germs, which can cause weakened immune systems. Moreover, expanding construction and maintenance activities as a result of higher living standards and easy loan availability is also expected to boost product demand. In addition, due to the COVID-19 pandemic, there has been a considerable increase in demand for antimicrobial coatings in various applications, including protective clothing, consumer goods, and electronic products. Many existing companies and start-ups are currently developing protective clothing to fight against COVID-19 and therefore, this is creating an opportunity during the forecast period.
Impact of COVID-19 on Anti-Microbial Coatings market
The COVID-19 pandemic has had a significant impact on the market. The demand from the healthcare industry for antimicrobial coating has surged to combat the spread of hospital-acquired infections (HAIs) during the pandemic. Over 2 million people were affected, and 90,000 people die each year as a result of HAIs, making it a major reason for mortality around the globe and therefore this factor is driving the growth of the market during the COVID-19 pandemic. Even after COVID-19, the presence of antimicrobial coatings in these shared spaces can put a large majority of consumers at ease. However, a decline in overall industrial production has resulted in the cancellation of antimicrobial coatings manufacturing projects, reducing supply for antimicrobial coatings, thereby acting act as a restraining factor during the COVID-19 pandemic.
Segmental Outlook
The global anti-microbial coatings market is segmented based on type and application. Based on the types, the market is further classified into silver, copper, titanium dioxide, and others. Further, based on the application the market is classified into medical & healthcare, food & beverage, protective clothing, building and construction, and others (air & water treatment, transportation).
Global Anti-Microbial Coatings Market Share by Application, 2020 (%)
The Medical & Healthcare market is considered the dominating segment in the global anti-microbial coatings market.
Among applications, the medical & healthcare market is estimated as dominating segment during the forecast period owing to factors such as growing technological advancements in antimicrobial coatings, increased emphasis on hygiene, and rising awareness about hospital-acquired infections are driving segment demand. Moreover, the rise in research and development programs for antimicrobial coated cardiovascular devices, as well as rapid growth in the geriatric population, are also likely to be the primary drivers for the segment growth. However, factors such as limitations associated with silver coatings, unfavourable healthcare reforms in the countries such as the US, and the time and resources intensive process of approval of antimicrobial coating products are some factors restraining the growth of the segment.
Regional Outlook
Geographically, the global anti-microbial coatings market is classified into four major regions including North America (the US and Canada), Europe (UK, Germany, France, Italy, Spain, and Rest of Europe), Asia-Pacific (India, China, Japan, and Rest of Asia-Pacific), and Rest of the World (Latin America and the Middle East and Africa (MEA)). North America is projected to have a significant share in the anti-microbial coatings market. The growth is attributed to the rise and development of construction industries in the region where there is a rapid increase in demand for non-residential construction projects such as hospitals, schools, and colleges. The growing population is projected to increase these construction projects, therefore, driving the demand for antimicrobial coatings in the construction industry in North America. Furthermore, ongoing investments in the nation's healthcare sector will also encourage market growth.
Global Anti-Microbial Coatings Market Growth, by Region 2021-2027
Asia-Pacific to hold a considerable CAGR in the global anti-microbial coatings market
Geographically, Asia-Pacific is projected to hold a significant CAGR in the global anti-microbial coatings market. The factors that are contributing to the growth of the market include the expansion of major end-use sectors such as construction, healthcare, and food processing and packaging. The strong manufacturing base of the packaging goods industry in China, Japan, and India, combined with high sales of packaged food products, is expected to boost market growth over the forecast period. However, the high cost associated with antimicrobial coatings and the shortage of skilled labor for the application of antimicrobial coatings is restraining the market growth.
Market Players Outlook
The key players in the anti-microbial coatings market contributing significantly by providing different types of products and increasing their geographical presence across the globe. The key players of the market include BASF SE, Nippon Paints Holdings, Co. Ltd, RPM International Inc, Lonza Group Ltd, PPG Industries, Inc, among others. These market players adopt various strategies such as product launches, partnerships, collaborations, mergers, and acquisitions to sustain a strong position in the market. In May 2020, PPG Industries, Inc. introduced its fast-shipping program for PPG SILVERSAN antibacterial-protected powder coating, specifically developed with silver ionic technology. PPG SILVERSAN powder technology gradually releases silver ions, which are known to destroy bacteria growth on powder-coated surfaces. Due to the current rise in demand, PPG has engaged in two-day shipping on orders of PPG SILVERSAN coating in the top 30 RAL colors. With this launch, the company was able to offer creative solutions to its customers to meet their demands particularly in these unexpected times of the COVID-19 pandemic.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global anti-microbial coatings market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying 'who-stands-where in the market.
1. Report Summary
1.1. Research Methods and Tools
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Anti-Microbial Coatings Industry
• Recovery Scenario of Global Anti-Microbial Coatings Industry
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Share Analysis
3.2. Key Company Analysis
3.2.1. BASF SE
3.2.1.1. Overview
3.2.1.2. Financial Analysis
3.2.1.3. SWOT Analysis
3.2.1.4. Recent Developments
3.2.2. Nippon Paints Holdings, Co. Ltd.
3.2.2.1. Overview
3.2.2.2. Financial Analysis
3.2.2.3. SWOT Analysis
3.2.2.4. Recent Developments
3.2.3. RPM International, Inc.
3.2.3.1. Overview
3.2.3.2. Financial Analysis
3.2.3.3. SWOT Analysis
3.2.3.4. Recent Developments
3.2.4. Lonza Group, Ltd.
3.2.4.1. Overview
3.2.4.2. Financial Analysis
3.2.4.3. SWOT Analysis
3.2.4.4. Recent Developments
3.2.5. PPG Industries, Inc.
3.2.5.1. Overview
3.2.5.2. Financial Analysis
3.2.5.3. SWOT Analysis
3.2.5.4. Recent Developments
3.3. Impact of COVID-19 on Key Players
3.4. Key Strategy Analysis
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Anti-Microbial Coatings Market by Type
5.1.1. Silver
5.1.2. Copper
5.1.3. Titanium Dioxide
5.1.4. Others
5.2. Global Anti-Microbial Coatings Market by Application
5.2.1. Medical & Healthcare
5.2.2. Food & Beverage
5.2.3. Protective Clothing
5.2.4. Building and Construction
5.2.5. Others (Air & Water Treatment, Transportation)
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. A.K Steel Corp.
7.2. Aereus Technologies, Inc.
7.3. Akzo Nobel N.V.
7.4. Axalta Coating Systems, LLC
7.5. BASF SE
7.6. Bio-Fence, Ltd.
7.7. BioCote, Ltd.
7.8. BioInteractions, Ltd.
7.9. Biomerics LLC
7.10. Burke Industrial Coatings LLC
7.11. Diamond Vogel Paint Co.
7.12. DuPont de Nemours, Inc.
7.13. Fiberlock Technologies, Inc.
7.14. Flora Coatings LLC
7.15. Hydromer Inc.
7.16. Kastus Technologies
7.17. Koninklijke DSM N.V.
7.18. Lonza Group AG
7.19. Medivators, Inc.
7.20. Nano-Care Deutschland AG
7.21. Nippon Paint Holdings Co., Ltd.
7.22. Novapura AG
7.23. PPG Industries, Inc.
7.24. Protech-Oxyplast Group
7.25. RPM International, Inc.
7.26. Shanghai Huzheng Nano Technology Co., Ltd.
7.27. Specialty Coating Systems Inc.
7.28. The Sherwin-William Co.
7.29. Troy Corp.
1. GLOBAL ANTI-MICROBIAL COATINGS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
2. GLOBAL ANTI-MICROBIAL SILVER COATINGS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL ANTI-MICROBIAL COPPER COATINGS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL ANTI-MICROBIAL TITANIUM DIOXIDE COATINGS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL OTHER TYPE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL ANTI-MICROBIAL COATINGS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
7. GLOBAL ANTI-MICROBIAL COATINGS FOR MEDICAL & HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL ANTI-MICROBIAL COATINGS FOR FOOD & BEVERAGE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL ANTI-MICROBIAL COATINGS FOR PROTECTIVE CLOTHING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL ANTI-MICROBIAL COATINGS FOR BUILDING AND CONSTRUCTION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
11. GLOBAL ANTI-MICROBIAL COATINGS FOR OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL ANTI-MICROBIAL COATING MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
13. NORTH AMERICAN ANTI-MICROBIAL COATING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
14. NORTH AMERICAN ANTI-MICROBIAL COATING MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
15. NORTH AMERICAN ANTI-MICROBIAL COATING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
16. EUROPEAN ANTI-MICROBIAL COATING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
17. EUROPEAN ANTI-MICROBIAL COATING MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
18. EUROPEAN ANTI-MICROBIAL COATING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
19. ASIA-PACIFIC ANTI-MICROBIAL COATING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
20. ASIA-PACIFIC ANTI-MICROBIAL COATING MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
21. ASIA-PACIFIC ANTI-MICROBIAL COATING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
22. REST OF THE WORLD ANTI-MICROBIAL COATING MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
23. REST OF THE WORLD ANTI-MICROBIAL COATING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL ANTI-MICROBIAL COATINGS MARKET, 2020-2027 (% MILLION)
2. IMPACT OF COVID-19 ON GLOBAL ANTI-MICROBIAL COATINGS MARKET BY SEGMENT, 2020-2027 (% MILLION)
3. RECOVERY OF GLOBAL ANTI-MICROBIAL COATINGS MARKET, 2020-2027 (%)
4. GLOBAL ANTI-MICROBIAL COATING MARKET SHARE BY TYPE, 2020 VS 2027 (%)
5. GLOBAL ANTI-MICROBIAL COATING MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)
6. GLOBAL ANTI-MICROBIAL COATING MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
7. GLOBAL ANTI-MICROBIAL SILVER COATINGS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL ANTI-MICROBIAL COPPER COATINGS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
9. GLOBAL ANTI-MICROBIAL TITANIUM DIOXIDE COATINGS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
10. GLOBAL OTHER TYPE MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
11. GLOBAL ANTI-MICROBIAL COATINGS FOR MEDICAL & HEALTHCARE MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
12. GLOBAL ANTI-MICROBIAL COATINGS FOR FOOD & BEVERAGE MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
13. GLOBAL ANTI-MICROBIAL COATINGS FOR PROTECTIVE CLOTHING MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
14. GLOBAL ANTI-MICROBIAL COATINGS FOR BUILDING AND CONSTRUCTION MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
15. GLOBAL ANTI-MICROBIAL COATINGS FOR OTHER MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
16. US ANTI-MICROBIAL COATING MARKET SIZE, 2020-2027 ($ MILLION)
17. CANADA ANTI-MICROBIAL COATING MARKET SIZE, 2020-2027 ($ MILLION)
18. UK ANTI-MICROBIAL COATING MARKET SIZE, 2020-2027 ($ MILLION)
19. FRANCE ANTI-MICROBIAL COATING MARKET SIZE, 2020-2027 ($ MILLION)
20. GERMANY ANTI-MICROBIAL COATING MARKET SIZE, 2020-2027 ($ MILLION)
21. ITALY ANTI-MICROBIAL COATING MARKET SIZE, 2020-2027 ($ MILLION)
22. SPAIN ANTI-MICROBIAL COATING MARKET SIZE, 2020-2027 ($ MILLION)
23. ROE ANTI-MICROBIAL COATING MARKET SIZE, 2020-2027 ($ MILLION)
24. INDIA ANTI-MICROBIAL COATING MARKET SIZE, 2020-2027 ($ MILLION)
25. CHINA ANTI-MICROBIAL COATING MARKET SIZE, 2020-2027 ($ MILLION)
26. JAPAN ANTI-MICROBIAL COATING MARKET SIZE, 2020-2027 ($ MILLION)
27. SOUTH KOREA ANTI-MICROBIAL COATING MARKET SIZE, 2020-2027 ($ MILLION)
28. REST OF ASIA-PACIFIC ANTI-MICROBIAL COATING MARKET SIZE, 2020-2027 ($ MILLION)
29. REST OF THE WORLD ANTI-MICROBIAL COATING MARKET SIZE, 2020-2027 ($ MILLION)
