Antimicrobial Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

Antimicrobial Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

  • June 2019 •
  • 105 pages •
  • Report ID: 5783219 •
  • Format: PDF
The global antimicrobial coatings market reached a value of US$ 2.8 Billion in 2018. Antimicrobial coatings assist in maintaining the quality of a surface by obstructing the growth of microorganisms like fungi, parasites and bacteria. The usage of these coatings provides improved cleanliness and hygiene as they eliminate the requirement of frequent cleaning. As a result, they are more cost-effective and offer lasting protection against pathogens. Antimicrobial coatings are generally applied on walls, vents, counters and door handles. Moreover, as these coatings help in sterilizing medical tools, surgical masks, gloves and clothing, they find vast applications in clinics, hospitals and healthcare centers. Besides this, they are also employed in industries such as textile, automotive, healthcare, construction, and food and beverage.

The application of antimicrobial coatings not only improves the durability and appearance of a surface but also aids in shielding the surface from the attack of microbes. As a result, these coatings are widely used to eliminate the germination of pathogens which can cause infectious diseases such as Ebola, influenza, mumps, measles, chickenpox and rubella. Apart from this, awareness about the sick building syndrome, wherein the occupants of a building experience acute health issues due to the deteriorating air quality, is increasing worldwide. This has led to a rise in the demand for antimicrobial coatings for use in building interiors. In addition to this, manufacturers are investing in research and development activities to develop innovative products, sustain their market position and expand their overall consumer base. According to the analyst, the market is projected to reach a value of US$ 5.4 Billion by 2024, at a CAGR of 11.5% during 2019-2024.

Report Coverage:
Historical, Current and Future Market Trends

Market Breakup by Product Type:
Silver Antimicrobial Coatings
Copper Antimicrobial Coatings
Others

Market Breakup by Application:
Indoor Air Quality
Mold Remediation
Medical/Healthcare
Food and Beverage
Textile
Others

Market Breakup by Region:
North America
Asia Pacific
Europe
Middle East and Africa
Latin America

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Akzonobeln.V., BASF SE, Diamond Vogel, Axalta Coating Systems, Nippon Paint Company Ltd, PPG Industries, Royal Dsm, RPM International Inc., The DOW Chemical Company., The Sherwin-Williams Company, Axalta Coating Systems, etc

Key Questions Answered in This Report:
How has the global antimicrobial coatings market performed so far and how will it perform in the coming years?
What are the key regional markets in the global antimicrobial coatings industry?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the global antimicrobial coatings industry?
What are the key driving factors and challenges in the global antimicrobial coatings industry?
What is the structure of the global antimicrobial coatings industry and who are the key players?
What is the degree of competition in the global antimicrobial coatings industry?
What are the profit margins in the global antimicrobial coatings industry?