Press release
The Antiviral & Antimicrobial Coatings Market Size, Trends, Growth And Overview By 2024-2033
The Antiviral & Antimicrobial Coatings Market
The the antiviral & antimicrobial coatings market size is expected to see rapid growth in the next few years. It will grow to $7.63 billion in 2028 at a compound annual growth rate (CAGR) of 11.4%. The growth in the forecast period can be attributed to healthcare investments, pandemic preparedness, stringent hygiene standards, industry expansion, rise in infectious diseases. Major trends in the forecast period include increasing demand in healthcare, education and awareness campaigns, research and development focus, remote and touchless technology, sustainable coating solutions.
Market Overview -
Antiviral and antimicrobial coatings refer to the materials that can be applied to surfaces to prevent the spread of viruses and bacteria. Antiviral coatings are specifically designed to inactivate viruses, while antimicrobial coatings can target a broader range of microorganisms, including bacteria and fungi.
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Surging Prevalence Of Infectious Diseases Fuels Growth In Antiviral And Antimicrobial Coatings Market
The rising prevalence of infectious diseases is expected to propel the growth of the antiviral and antimicrobial coatings market. Infectious diseases refer to illnesses caused by microorganisms or parasites that enter the body, multiply, and cause an infection. Some infectious diseases may be contagious or non-contagious. Antiviral and antimicrobial coatings have been developed to inhibit the spread of infectious diseases on contaminated surfaces. Peptides and nanomaterials have been used to create antimicrobial coatings with antiviral properties to curb infectious bacteria and viruses. For instance, in September 2022, according to Johns Hopkins University, a US-based private university, over 353,000 deaths linked to the coronavirus were reported in 2021, surpassing the 352,000 cases reported during pandemic. Therefore, the rising prevalence of infectious diseases is driving the growth of the antiviral and antimicrobial coatings market going forward.
Competitive Landscape -
Major companies operating in the the antiviral & antimicrobial coatings market report are Akzo Nobel NV, Lonza Group AG, PPG Industries Inc., Axalta Coating Systems LLC, The Sherwin-Williams Company, Nippon Paint Holdings Co. Ltd., RPM International Inc., Sciessent LLC, Sika AG, BASF SE, Jotun AS, DuPont de Nemours Inc., NanoGraphene Inc., Koninklijke DSM NV, Microband International Ltd., Cupron Inc., Sherwin-Williams Company, Novapura AG, Dortrend International Ltd., Smart Separations Ltd., BioCote Limited, Graphene CA, Nano-Care Deutschland AG, Arkema SA, Antiviral Protection SL, TWI Technology Centre Ltd., IMBED BIOSCIENCES Inc., Nanocomposix Inc., Akita Innovations LLC, Allvivo Vascular Inc.
Innovative Solutions For A Healthier Environment Nippon Paint's Breakthrough In Antiviral And Antimicrobial Coatings
Product innovation is a key trend gaining popularity in the antiviral and antimicrobial coatings market. Major companies operating in the antiviral and antimicrobial coatings market are focused on developing innovative products to strengthen their position and gain a competitive advantage. For instance, in February 2022, Nippon Paint Co., Ltd., a Japan-based paint manufacturer, launched PROTECTON® Floor VK Clear, used for floors, and PROTECTON Interior Wall VK Coat two anti-viral and anti-bacterial water-based paint products, used for interior walls. These paints are very durable and have anti-viral and anti-bacterial effects from copper, thereby reducing viruses and bacteria on the coating surface by 99% or more and having good durability. VK Clear can also be used on porcelain tiles, whose adhesion is difficult to achieve in normal circumstances. Wall VK Coat has good durability, even after cleaning with other wipes.
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Key Segments -
The the antiviral & antimicrobial coatings market covered in this report is segmented -
1) By Type: Antimicrobial Coatings, Antiviral Coatings
2) By Material: Silver, Organic Materials, Copper, Aluminum, Silicon Dioxide
3) By Form: Liquid, Powder, Aerosol
4) By Application: Healthcare, Building And Construction, Food And Beverage, Packaging, Automotive, Protective Clothing, Air And Water Treatment
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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