The global antimicrobial coatings market size is expected to reach USD 20.71 billion by 2028 according to a new study by Polaris Market Research. The report “Antimicrobial Coatings Market Size, Share, Trends & Industry Analysis Report By Product (Silver, Copper, Titanium Dioxide, Others); By End-Use; By Region, Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The antimicrobial coatings industry is subjected to rigorous quality checks, including complete testing for potential lethalness and harmful environmental effects per Central for Disease Control (CDC) guidelines. Furthermore, the manufacturers of AMCs must develop a clinical standard for testing methods and line with the sales pitch for Environmental Protection Agency (EPA) FIFRA.
The coating is applied on numerous substrates in different end-use applications such as textiles, medical, food processing and packaging, HVAC, automotive, and other consumer durables. Several biocides used in the formulation include copper, organo-silane, Nano sliver, and few other quaternary products.
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AMCs are used regularly in medical/healthcare settings for applications such as catheters, medical devices, medical electronics, trays, and others. The demand for AMCs is increasing because of healthy demand from North America and Europe, where concerns regarding AMCs in healthcare industries are voiced strong.
North America leads the regional growth in the AMCs industry. US spending on the health sector is relatively high, contributing to increased growth factors for the regions. Japan has a rising geriatric population, leading to increased spending in the medical industry, thus contributing to high growth for the Asia Pacific region.
The global industry constitutes a sizeable number of multinationals and local players. The key industry players include BASF SAE, Covalon Technologies Ltd., Akzo Novel NV, AK Coatings, Inc., BioInteractions Ltd., Dow DuPont, PPG Industries Inc., Lonza Group Ltd., and others.
Polaris Market Research has segmented the antimicrobial coatings market report on the basis of product, end-use, and region:
Antimicrobial Coatings, Product Outlook (Revenue – USD Billion, 2016 – 2028)
- Titanium Dioxide
Antimicrobial Coatings, End-Use Outlook (Revenue – USD Billion, 2016 – 2028)
- Sanitary Facilities and Kitchen
- Food Processing and Packaging
- Antimicrobial Textile
- Mold Remediation
- Medical Devices
Antimicrobial Coatings, Regional Outlook (Revenue – USD Million, 2016 – 2028)
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa