Global Antimicrobial Coating Market Report and Forecast 2024-2032

Global Antimicrobial Coating Market Outlook

Antimicrobial coatings inhibit the growth of pathogens such as virus and bacteria on surfaces due to which they are consumed in large quantities by healthcare and food processing industries.

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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.

Global Antimicrobial Coating Market Segmentation

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By Material

• Metallic: (silver, copper, other)
• Non-metallic: (polymeric and organic)

By Type

• Orthopaedic implants
• Cardiac implants
• Neurovascular implants
• Dental implants

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East
• Africa

By Application

• Medical and healthcare
• Mould remediation
• Indoor air quality
• Water treatment
• Construction
• Textiles

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Global Antimicrobial Coating Market Analysis

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.

Competitive Landscape

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:

• Akzo Nobel N.V.
• The Sherwin-Williams Company
• The Dow Chemical Company
• Axalta Coating Systems, LLC
• Nippon Paint (India) Private Limited
• Koninklijke DSM N.V.
• Others

Key Highlights of the Report