The new report by Expert Market Research titled, ‘Global Antimicrobial Coating Market Size, Price, Growth, Trends, Analysis, Report and Forecast 2020-2025′, gives an in-depth analysis of the global antimicrobial coating market, assessing the market based on its segments like types, products, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

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The key highlights of the report include:

Market Overview (2015-2025)

  • Forecast CAGR (2020-2025): 9.4%
  • Forecast Market Size (2025): 992 kilo metric tons

North America held a major market share in the historical period owing to the growing end-user segments, such as air/HVAC and medical applications, and favourable government regulations. Antimicrobial coating finds most of its utilisation in the healthcare and food processing sector. Technological advancements in the development of effective antimicrobial coating for medical implants is expected to boost the market growth. Antimicrobial coatings are becoming popular due to their properties, such as biocompatibility and non-toxicity. Silver-based antimicrobials are in high demand. The market is fuelled by the growing demand for air purifying systems and HVAC systems. The indoor air quality sector is expected to be a significant driver for the antimicrobial market in the forecast period.

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Industry Definition and Major Segments

Antimicrobial coating inhibits the ability of microorganisms to grow on the surface of a material. It is most commonly used in the healthcare setting for sterilisation of medical devices to prevent healthcare-associated infections (HAI). Antimicrobial coatings are also employed in air purifying systems and HVAC systems.

On the basis of type, the market is divided into:

  • Silver Coating
  • Copper Coating
  • Zinc Coating
  • Chlorine Coating

Based on the product, the market can be broadly categorized into:

  • Surface Modification Coating
  • Powder Coating

By application, the antimicrobial coating market can be segmented into:

  • Indoor Air/HVAC
  • Mould Remediation in Construction
  • Medical/Healthcare
  • Foods and Beverages

The major regions in the market are:

  • North America
  • Europe
  • Middle East and Africa
  • Latin America
  • Asia Pacific

Market Trends

In the past few years, governments across the globe have introduced strict regulations promoting the use of an antimicrobial coating to combat infections. Antimicrobial coatings are being used in the production of medical devices, catheters, and electronics in the healthcare industry. Increasing concerns about healthcare-associated infections are expected to drive the market. The rise in air pollution and awareness about the quality of air in living spaces is fuelling the usage of antimicrobial coating in indoor air and HVAC industry. The polymer-based antimicrobial coating is witnessing increased usage in textiles. Antimicrobial coatings are also showing promising potential in personal protective equipment (PPE) such as face masks, which kill over 99.9% of bacteria and viruses, thus, are witnessing a surge amidst the COVID-19 pandemic.

Key Market Players

The major players in the market are Akzo Nobel NV (AMS: AKZA), BASF SE (ETR: BAS), Diamond Vogel, Sherwin Williams Company (NYSE: SHW), DOW Chemical Company (NYSE: CTA-B), Axalta Coating Systems Limited (NYSE: AXTA), Nippon Paint Company Limited (TYO: 4612), and DSM NV (AMS: DSM). The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

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