Antimicrobial Coatings Market Size, Share, Growth and Industry Trends 2024 - 2030

The global antimicrobial coatings market size was estimated at USD 11.39 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 13.9% from 2024 to 2030. 

The global antimicrobial coatings market size was estimated at USD 11.39 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 13.9% from 2024 to 2030. 

Growing concern regarding cleanliness in various professional industries has led to the rapid development of this industry. These are used to protect surfaces against micro-organisms, which primarily include parasites, germs, bacteria, and unwanted micro-organisms. However, the segment is expected to grow at a higher rate than the sanitary facilities, kitchen, and air conditioning and ventilation systems application segment. Rising concerns regarding Hospital-acquired Infections (HAIs) are also boosting the overall industry growth. Doctors prefer antimicrobial coatings over disinfectants and cleaning agents.

This would also help reduce both cost and time for the hospitals in which they are prominently used. They help in curbing the spread of germs, which can otherwise cause weakened immune systems among people. Nevertheless, health concerns related to silver usage in various applications along with strict regulations in the European Union and the U.S. are presumed to create a hindrance to the overall demand.

In the recent past, the antibiotic application directly on the local surface is considered more efficient as compared to the antibiotics penetration through biofilm. The bacteria are killed instantly before the biofilm is formed. These antibiotics can be applied in bone cement that is used to fix implants associated with orthopedic and orthodontic implants.

Gather more insights about the market drivers, restrains and growth of the Antimicrobial Coatings Market

Antimicrobial Coatings Market Report Highlights

• In terms of product, the antimicrobial powder coatings segment is expected to witness the fastest CAGR of 14.2% during the forecast period due to growing awareness of hygiene and infection control across various industries, especially in food processing, healthcare and public spaces

• Based on application, the mold remediation segment is expected to witness the fastest CAGR of 16.2% during the forecast period because these products help inhibit the growth of bacteria and mold on damp surfaces

• North America region is anticipated to witness the fastest CAGR of nearly 14.8% over the forecast period. The market is growing due to factors such as strong economic development coupled with population expansion in the region

• The cost involved in remediating a mold-infested building can be staggering, especially when the building has inferior coatings, which is anticipated to be a primary reason for the high growth rate

• Increasing applications of antimicrobial coatings in healthcare settings and indoor environments, and increasing consumption of the product in emerging economies are expected to act as opportunities for the growth of the market during the forecast period

Browse through Grand View Research's Paints, Coatings & Printing Inks Industry Research Reports.

• The global ceramic coating market size was valued at USD 11.16 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 8.1% from 2024 to 2030.

• The global metallic pigments market size was valued at USD 2.16 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2030. 

Antimicrobial Coatings Market Segmentation

Grand View Research has segmented the global antimicrobial coatings marketreport based on the product, application, and region:

Antimicrobial Coatings Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Antimicrobial Powder Coatings

o Silver

o Copper

o Others

• Surface Modifications & Coatings

o Silver

o Copper

o Others

Antimicrobial Coatings Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Sanitary Facilities And Kitchen

• Air Conditioning And Ventilation Systems

• Food Processing And Packaging

• Antimicrobial Textile

• Mold Remediation

• Construction

• Medical Devices

• Others

Antimicrobial Coatings Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

• Europe

o Germany

o UK

o France

• Asia Pacific

o China

o India

• Central & South America

• Middle East & Africa

Order a free sample PDF of the Antimicrobial Coatings Market Intelligence Study, published by Grand View Research.

 

 


Manisha J

15 Blog posts

Comments