Antimicrobial Coatings Market size was valued at USD 3 Bn. in 2021 and the total Antimicrobial Coatings revenue is expected to grow by 11 % from 2022 to 2029, reaching nearly USD 6.9 Bn.
Antimicrobial Coatings Market Overview:Antimicrobial coatings contain specific chemicals that inhibit the growth of microbes and pathogens by disrupting cellular membranes. Apart from suppressing microbial growth, these coatings improve surface durability, appearance, and corrosion resistance. The antimicrobial coating is essential in the healthcare industry. Healthcare facilities are vulnerable to healthcare-associated infections (HAIs). Antimicrobial coatings aid in reducing the speed and risk of microbes and germs that are commonly found on high-touch surfaces such as keyboards. In healthcare facilities, switches, doorknobs, and other controls are used. Antimicrobial Coatings are used on catheters, surgical devices, medical instruments and trays, other medical devices, and medical electronics in order to reduce the risk of infection spread. Medical fabrics, gloves, surgical masks, bandages, and woven and nonwoven hospital textiles, for example, use antimicrobial coatings market products to reduce the risk of healthcare-associated infections. Antimicrobial coating, when combined with technological advancement, can also be used on medical implants, which is driving demand in the antimicrobial coatings market. According to the European Centre for Disease Prevention and Control, over 4.2 million people contract HAIs each year, resulting in the deaths of 37,000 people. To prevent this, disinfectants and antibiotics are used appropriately. However, the use of antimicrobial coatings in the healthcare sector and on medical equipment reduces the risk of HAI. In the healthcare industry, antimicrobial coatings are regarded as an effective and potentially useful tool against bacterial growth. All of these aspects, taken together, increase the demand for antimicrobial coating, thereby boosting the antimicrobial coatings market growth. To know about the Research Methodology :- Request Free Sample Report
Antimicrobial Coatings Market Dynamics:Market Driver Enhancing Development of the Electrical and Electronics Sector Antimicrobial coatings are made up of chemical agents such as silver, copper, quaternary ammonium salts, and others. These serve as surface coatings in a variety of electronic devices. The electrical and electronics sector is rapidly expanding as a result of factors such as strong demand for consumer electronics, a growing manufacturing base, and urbanization. According to OBERLO, total consumer electronics revenue in the United States is expected to rise 7.8% by 2023. Consumer electronic equipment production in Japan increased from US$218 million in January 2022 to US$233 million in March 2022, according to the Japan Electronics and Information Technology Industries Association (JEITA). The utility and applications of antimicrobial coatings in consumer electronics and other electrical devices are expanding as electronic device production and growth scope increase. This is propelling the global Antimicrobial Coatings market. Building and construction industry's booming growth Antimicrobial coatings are in high demand in the building and construction industry for their use indoors, on glass surfaces, and in other areas to protect against microorganisms such as microbes, germs, bacteria, and others. The construction industry is growing rapidly thanks to increased government investment in infrastructure projects, residential housing projects, and rapid industrialization. According to Oxford Economics, global construction output in 2020 was worth US$10.8 trillion and is expected to grow by 42.3% between 2020 and 2030, reaching US$15.5 trillion. Total construction spending in the United States increased from a seasonally adjusted annual rate of US$1.63 million in May 2021 to US$1.78 million in May 2022, according to the United States Census Bureau. With the building and construction sector experiencing rapid growth, the demand for antimicrobial coatings in building structures for surface modification and microbe prevention on the surface is increasing. As a result, the Antimicrobial Coatings market is growing. Growing demand from the medical and healthcare sectors The use of antimicrobial coatings in the medical and healthcare sectors drives the market in developed economies such as the United States, the United Kingdom, and other regions. Antimicrobial coatings have gained popularity in the healthcare and medical sectors around the world in recent years. This is due to increased hygiene awareness, as well as government initiatives to prevent the spread of hospital-acquired infections (HAIs). These HAls are either directly or indirectly related to the use of various medical devices that breach the skin or insert into the body, such as injections, catheters, and others. These coatings help to inhibit the growth of microorganisms and are widely used in the medical and healthcare industries. This sector's demand is expected to drive growth in the antimicrobial coatings market. Market Restraints High antimicrobial coating costs and a scarcity of skilled labor Antimicrobial coatings are more expensive than traditional coatings. Because these coatings are widely used to protect both surfaces and humans from a variety of microorganisms, traditional coatings cannot perform the same function. It's completely understandable. In developing countries, preferences are primarily determined by the price of the product. Moreover, purchasing power is limited. A lack of awareness of the Antimicrobial coatings market, as well as lower per capita income, are the primary reasons stifling market growth in developing countries. Additionally, skilled labor is required to apply antimicrobial coatings on the substrate surface. As a result, the demand for antimicrobial coatings in developing countries is lower than in developed countries.
Antimicrobial Coatings Market OpportunityAntimicrobial coatings used in novel applications During the COVID-19 pandemic, there was a significant increase in the demand for antimicrobial coatings in several applications such as electronic products, protective clothing, and consumer goods. In recent years, several organizations such as Droom, ZAGG Inc, and others have taken the initiative to apply antimicrobial coatings on their products. To protect against various diseases, an IIT Madras start-up began to create textiles coated with an antimicrobial material. The growing awareness of the importance of hygiene is driving the market for antimicrobial coatings market. Emerging market untapped Emerging economies are expected to drive growth in the antimicrobial coatings market. Developing countries have a large elderly population. According to the United Nations report on World Population Ageing (2019), Eastern and Southeastern Asia are expected to see a two-fold increase in the number of geriatric people, with the population aged 65 and up expected to grow from 260.6 million in 2019 to nearly 572.5 million by 2050. This demographic trend is expected to increase patient volume in a number of Asian countries, fueling demand for quality patient care and efficient medication dispensing. As a result, demand for antimicrobial coatings systems is expected to rise in several Asian countries in the forecast years.
Antimicrobial Coatings Market ChallengesConcerns about the toxicity of nanoparticles Because of the toxic nature of metal nanoparticles, there is concern about their use, particularly in the medical and healthcare sectors. In terms of biological activity and toxicity, metal nanoparticles differ from aggregates. Long-term exposure to silver and copper coatings may be hazardous to human health because they cause breathing problems and skin diseases if they get into the air. Various studies have been conducted in order to reduce the toxicity of metal nanoparticles through various modifications. The biological synthesis of metal nanoparticles has emerged as a potential solution for reducing the toxicity of metal nanoparticles. Recent Advances in Antimicrobial Coatings to boost the market
Antimicrobial Coatings Market Segment Analysis:Based on Technology, Surface modifications and coatings dominated the antimicrobial coatings market, accounting for more than 54.0% of global revenue in 2021. This high share is due to its ability to modify the surface of a material by introducing physical, chemical, or biological properties that differ from those found on the surface of a material. This modification is typically applied to solid materials, but examples of the modification to the surface of specific liquids can be found. Surface characteristics such as roughness, hydrophilicity, surface charge, surface energy, and biocompatibility can all be altered using various methods. The formation of biofilm on an orthopedic implant surface is one of the major problems for patient prognosis and raises the overall cost of patient treatment. The use of surface modifications in this manner would aid in the provision of antimicrobial benefits to implant devices. Surface modifications and coatings are expected to drive demand over the forecast period due to their unique properties such as surface adhesion prevention, antimicrobial-eluting, bactericidal, and Osseointegration promotion. The antimicrobial powder coatings market can be divided into silver, copper, and others based on product. Among all of these coatings, silver has the highest consumption. This is due to a dramatic revival in the use of silver in coatings. In the healthcare industry, inorganic silver antimicrobial coating systems based on silver salts, colloidal silver, silver zeolite or ion exchange resins, complex glasses containing metal ions, and nanosilver have been in high demand. Based on the Application, In 2021, the medical devices application segment led the antimicrobial coatings market, accounting for more than 41.0% of global revenue. This high share is due to the product's ability to protect surfaces from microbes such as fungi, parasites, bacteria, and germs. The growing number of hospitals, as well as the growing demand for healthcare facilities, creates a demand for sophisticated devices and equipment, which will drive product demand. Rising demand for biocompatible, non-toxic, and biostable antimicrobial coatings in catheters, implantable, and surgical instruments will drive industry growth over the forecast period. The presence of major medical equipment manufacturers such as GE Healthcare Technologies, Johnson & Johnson, Baxter International Inc., and Stryker Corp. is expected to increase the production of antimicrobial-coated medical devices. This is expected to drive the market during the forecast period. Because of rising healthcare expenditures in the United States, North America will experience tremendous market growth. SurModics, Inc., Hydromer, Inc., Materion Corp., Specialty Coating Systems, Inc., and Precision Coating Co., Inc. are among the coating manufacturers operating in the United States. Air conditioning and ventilation systems have been among the most common applications of antimicrobial coatings in recent years. CEFPI is collaborating with the EPA on a variety of initiatives and research studies to educate schools and colleges about air quality. Microorganism growth can be reduced by controlling moisture, temperature, and nutrient supply, which is expected to drive antimicrobial coatings market growth.
Antimicrobial Coatings Market Regional Insights:North America region dominated the antimicrobial coating market and is expected to do so in the forecast period. Continuous healthcare industry innovation and increased processed food production have been major drivers of the region's growth. The United States has a high demand for anti-microbial coatings among North American countries, as it is one of the most affected by COVID-19. The construction and healthcare industries account for the majority of demand. There were approximately 28,659,490 confirmed cases in the country as of March 2021. The pandemic has also had a significant negative impact on Canada and Mexico. As of March 2021, Canada and Mexico had confirmed 884,096 and 2,125,966 cases, respectively. The United States has one of the world's most robust healthcare systems. The COVID-19 outbreak has resulted in a surge in healthcare investment in the country. This expenditure is expected to rise in the coming days as the country looks for ways to reduce hospital contamination. This is a significant driver in the studied US market. The United States has the world's largest medical device market, with the strongest and most advanced research and development medical facilities driving the market growth. The preference for anti-microbial coated medical equipment is growing in the United States as a result of various initiatives undertaken by the government and hospitals in the country to prevent nosocomial infections. The total value of new healthcare construction put in place in the United States in 2019 was approximately USD 45.76 billion and is expected to reach approximately USD 47.67 billion in 2020, with a growth rate of approximately 5.5%, resulting in an increase in demand for medical devices and equipment, which in turn has increased demand for the anti-microbial coatings market. The country's demand for medical devices and products has been increasing due to an aging population as well as an increase in the number of patients suffering from chronic diseases such as cardiovascular disease and diabetes. As a result, hospitals must take extra precautions for hygiene and infection control, which increases the demand for and use of anti-microbial coatings in the healthcare industry. The United States health expenditure was valued at USD 3.8 trillion in 2020, representing a 4.6% increase over the previous year, stimulating the market under consideration. There is also an increase in the use of anti-microbial coatings in public and high-traffic areas to prevent the spread of pathogens that can cause disease, which adds to the country's demand for anti-microbial coatings. As of early October 2020, Canada's COVID-19 pandemic-related health funding totaled approximately USD 29.2 billion, according to federal, provincial, and territorial levels of government, which is expected to boost market demand. As a result, the factors listed above are expected to have a significant impact on the market in the forecast years.
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Antimicrobial Coatings Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 3 Bn. Forecast Period 2022 to 2029 CAGR: 11% Market Size in 2029: US $ 6.9 Bn. Segments Covered: by Product • Antimicrobial Powder Coatings
o Silver o Copper o Others• Surface Modifications & Coatings
o E. Coli o Listeria o Pseudomonas o Others
by Application • Sanitary Facilities & Kitchen • Air Conditioning & Ventilation Systems • Food processing & packaging • Antimicrobial Textiles • Mold Remediation • Construction • Medical Devices • Others
Antimicrobial Coatings Market, by Region• North America • Europe • Asia Pacific • South America • Middle East and Africa
Top Key Companies in the Antimicrobial Coatings Market are:• AK Steel Corporation (US) • Axalta Coating System (US) • DuPont (US) • Hydromer (US) • PPG Industries Inc. (US) • RPM International Inc. (US) • Sciessent LLC (US) • Sono-Tek Corporation (US) • Specialty Coating Systems Inc. (US) • The Sherwin-Williams Company (US) • Covalon Technologies Ltd (Canada) • Biointeractions Ltd (UK) • DSM (Netherlands) • Akzo Nobel NV (Netherlands) • AST Products Inc. (Massachusetts) • BASF SE (Germany) • Mankiewicz Gebr. & Co. (GmbH & Co. KG) (Germany) • Lonza (Switzerland) Frequently Asked Questions: 1] What are antimicrobial coatings made of? Ans. Dendrimers: Due to their ability to cross the cellular membrane, dendrimers are used in antimicrobial coatings. Copper and its alloys: Copper and its alloys, such as bronze, brass, copper-nickel-zinc, and cupronickel, are known to be natural antimicrobial elements. 2] Do antimicrobial surface coatings work? Ans. The Centers for Disease Control and Prevention (CDC) in the United States "has found no evidence to suggest that [antimicrobial coatings] offer any enhanced protection against the spread of bacteria and germs and that proper cleaning and handwashing are the best ways to prevent infection." 3] What is antimicrobial coating used for? Ans. The antimicrobial coating is a chemical agent that inhibits the growth of the disease-causing microbe. While other coatings provide corrosion resistance, antimicrobial coatings protect against a wide range of bacteria, mold, and mildew. Most IFS powder paint coatings can be anti-microbially formulated. Silver ions are used in these clever coatings to help inhibit the growth of mildew and spoilage-causing microbes on the powder coating. 4] How do antimicrobials work? Ans. Antimicrobials work at the cellular level to disrupt and prevent microorganism growth. Antimicrobials protect everyday products such as countertops, toys, surface coatings, textiles, and hospital equipment by creating an inhospitable environment for microorganisms such as bacteria, mold, and mildew. 5] How to make an antimicrobial surface? Ans. Rather than directly doping a surface, antimicrobial activity can be imparted by applying a coating containing antimicrobial agents such as biocides or silver nanoparticles. 6] How to clean antimicrobial material? Ans. To remove soils or stains from medical fabrics, such as mattress fabrics, pillow fabrics, or shower curtain fabrics, use a sponge dipped in lukewarm water. Neutral soaps do not contain lye (NaOH) or potash (KOH) and are thus gentler on skin and medical fabrics.
1. Global Antimicrobial Coatings Market: Research Methodology 2. Global Antimicrobial Coatings Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Antimicrobial Coatings Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Antimicrobial Coatings Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Antimicrobial Coatings Market Segmentation 4.1. Global Antimicrobial Coatings Market, by Product (2021-2029) • Antimicrobial Powder Coatings o Silver o Copper o Other • Surface Modifications & Coatings o E. Coli o Listeria o Pseudomonas o Others 4.2. Global Antimicrobial Coatings Market, by Application (2021-2029) • Medical Devices • Sanitary Facilities & Kitchen • Air Conditioning & Ventilation Systems • Food processing & packaging • Antimicrobial Textiles • Mold Remediation • Construction • Others 5. North America Antimicrobial Coatings Market(2021-2029) 5.1 North American Antimicrobial Coatings Market, By Product (2021-2029) • Antimicrobial Powder Coatings o Silver o Copper o Other • Surface Modifications & Coatings o E. Coli o Listeria o Pseudomonas o Others 5.2 North America Antimicrobial Coatings Market, By Application (2021-2029) • Medical Devices • Sanitary Facilities & Kitchen • Air Conditioning & Ventilation Systems • Food processing & packaging • Antimicrobial Textiles • Mold Remediation • Construction • Others 5.3 North America Antimicrobial Coatings Market, by Country (2021-2029) • United States • Canada • Mexico 6. European Antimicrobial Coatings Market (2021-2029) 6.1. European Antimicrobial Coatings Market, By Product (2021-2029) 6.2. European Antimicrobial Coatings Market, By Application (2021-2029) 6.3 European Antimicrobial Coatings Market, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Antimicrobial Coatings Market (2021-2029) 7.1. Asia Pacific Antimicrobial Coatings Market, By Product (2021-2029) 7.2. Asia Pacific Antimicrobial Coatings Market, By Application (2021-2029) 7.3. Asia Pacific Antimicrobial Coatings Market, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Antimicrobial Coatings Market (2021-2029) 8.1. Middle East and Africa Antimicrobial Coatings Market, By Product (2021-2029) 8.2. Middle East and Africa Antimicrobial Coatings Market, By Application (2021-2029) 8.3. Middle East and Africa Antimicrobial Coatings Market, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Antimicrobial Coatings Market (2021-2029) 9.1. South America Antimicrobial Coatings Market, By Product (2021-2029) 9.2. South America Antimicrobial Coatings Market, By Application (2021-2029) 9.3 South America Antimicrobial Coatings Market, by Country (2021-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 AK Steel Corporation (US) 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Axalta Coating System (US) 10.3. DuPont (US) 10.4. Hydromer (US) 10.5. PPG Industries Inc. (US) 10.6. RPM International Inc. (US) 10.7. Sciessent LLC (US) 10.8. Sono-Tek Corporation (US) 10.9. Specialty Coating Systems Inc. (US) 10.10. The Sherwin-Williams Company (US) 10.11. Covalon Technologies Ltd (Canada) 10.12. Biointeractions Ltd (UK) 10.13. DSM (Netherlands) 10.14. Akzo Nobel NV (Netherlands) 10.15. AST Products Inc. (Massachusetts) 10.16. BASF SE (Germany) 10.17. Mankiewicz Gebr. & Co. (GmbH & Co. KG) (Germany) 10.18. Lonza (Switzerland)any 10.20 Troy Corporation