The global antimicrobial coating market attained a value of nearly USD 11.16 Billion in 2023. The market is further expected to grow at a CAGR of 13.60% during the forecast period of 2024-2032 to reach a value of USD 35.16 Billion by 2032.
Base Year
Historical Year
Forecast Year
Value in USD Billion
2024-2032
Antimicrobial Coating Market Outlook
*this image is indicative*
| Global Antimicrobial Coating Market Report Summary | Description | Value |
| Base Year | USD Billion | 2023 |
| Historical Period | USD Billion | 2018-2023 |
| Forecast Period | USD Billion | 2024-2032 |
| Market Size 2023 | USD Billion | 11.16 |
| Market Size 2032 | USD Billion | 35.16 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 13.6% |
| CAGR 2024-2032 - Market by Region | Asia Pacific | 15.7% |
| CAGR 2024-2032 - Market by Country | India | 18.0% |
| CAGR 2024-2032 - Market by Country | China | 15.0% |
| CAGR 2024-2032 - Market by Type | Silver Coating | 17.3% |
| CAGR 2024-2032 - Market by Product | Surface Modification Coating | 15.8% |
| Market Share by Country 2023 | France | 3.1% |
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Healthcare and food processing industries have to ensure sterile environments, and the expansion of both sectors over the years has driven the market towards growth. By 2032, the Global Antimicrobial Coating Market is expected to attain a value of USD 7.29 billion at a CAGR of 10.80%.
Increasing demand for high-quality internal air purifying products, specifically in the USA, should support the antimicrobial coating market. The medical and healthcare industry has seen the maximum application of antimicrobial coatings on surgical devices. Governments in almost all countries are enforcing regulations to reduce hospital and food acquired infections; this has provided additional impetus to the market. Growing concerns about air quality and demand for HVAC systems is also likely to give the market a boost.
The indoor air quality sector is likely to be a significant market driver in years to come, especially in nations like India and China where air pollution is fast becoming a major health concern. Antimicrobial coatings are largely non-toxic, biocompatible and bio-stable, which forms another dimension driving market growth. The key driver of the market is the prevention of infection related to surgical devices or those implanted in the patients’ body. Other major consumers include textiles, marine, and construction and building industries.
Market Breakup by Type:
Market Breakup by Product:
Market Breakup by Application:
Market Breakup by Region:
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| CAGR 2024-2032 - Market by | Country |
| India | 18.0% |
| China | 15.0% |
| UK | 12.5% |
| USA | 12.1% |
| Australia | 10.7% |
| Canada | XX% |
| Germany | XX% |
| France | XX% |
| Italy | 9.6% |
| Japan | XX% |
| Saudi Arabia | XX% |
| Brazil | XX% |
| Mexico | XX% |
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North America has been the major driver of the market owing to expanding end-user segments such as indoor air/HVAC and medical application, and government regulations. Food and beverages and textile segments in Canada and the USA would also push the market. Countries like China and India are also expected to drive the market during the period 2024-2032 due to increased consumer affordability and rising concerns about air quality.
Silver-based antimicrobial coatings have been used widely and are expected to continue to grow in market share due to silver’s toxicity to various pathogens.
The report presents a detailed analysis of the following key players covering their capacities, market share and latest turn of events such as mergers and acquisitions, capacity expansions and plant turnarounds in the market:
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global antimicrobial coating market size attained a value of USD 11.16 Billion in 2023.
The market is projected to grow at a CAGR of 13.60% during the forecast period of 2024-2032.
The market is likely to witness robust growth during the forecast period to attain a value of USD 35.16 Billion by 2032.
The major drivers for the market include the thriving demand from the end-use sectors, such as textiles, marine, construction and healthcare industries, among others.
Governments across most of the countries are enforcing regulations to reduce hospital and food acquired infections, which has significantly aided the demand for these coatings.
The major regional markets include North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The types of coatings available in the market include silver coating, copper coating, zinc coating, and chlorine coating.
The products can be divided into surface modification coating and powder coating.
The product finds wide applications in indoor air/HVAC, mould remediation in construction, medical/healthcare, foods and beverages.
The regional markets include North America, Europe, Middle East and Africa, Latin America, and Asia Pacific.
The major players in the market are Akzo Nobel N.V., The Sherwin-Williams Company, The Dow Chemical Company, Axalta Coating Systems, LLC, Nippon Paint (India) Private Limited, and koninklijke DSM N.V., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Product |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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