Antimicrobial Coatings Market Size Worth $20.71 Billion By 2028 | CAGR: 13.0%
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.
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.
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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)
Silver
Copper
Titanium Dioxide
Others
Antimicrobial Coatings, End-Use Outlook (Revenue – USD Billion, 2016 – 2028)
Sanitary Facilities and Kitchen
HVAC
Food Processing and Packaging
Antimicrobial Textile
Mold Remediation
Construction
Medical Devices
Others
Antimicrobial Coatings, Regional Outlook (Revenue – USD Million, 2016 – 2028)
North America
U.S.
Canada
Europe
France
Germany
Italy
Spain
UK
Netherlands
Austria
Asia Pacific
China
India
Japan
Malaysia
Thailand
Indonesia
South Korea
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
Israel
Saudi Arabia
South Africa
UAE
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Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semiconductor.
