Antimicrobial Coatings Market for Improved Hygiene Beyond Clean: A Look at the Expanding

Antimicrobial Coatings Market to reach over USD 13.47 billion by the year 2031- Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Antimicrobial Coatings Market Size, Share & Trends Analysis Report By Type (Silver, Copper And Titanium Dioxide) And End-Use Industry (Medical & Healthcare, Building & Construction, Protective Clothing, HVAC System, And Transportation Automotive)- Market Outlook And Industry Analysis 2031"

The global antimicrobial coatings market is estimated to reach over USD 13.47 billion by 2031, exhibiting a CAGR of 6.15% during the forecast period.

Get a free sample copy of the report: https://www.insightaceanalytic.com/request-sample/1515

Antimicrobial coatings are revolutionizing surface treatments by offering a chemical solution to combat harmful germs. These coatings significantly suppress the growth of various bacteria that can cause a range of illnesses. Their application is not only endorsed by organizations for its health benefits but also because they enhance the aesthetic appeal of surfaces.
Beyond their germ-fighting abilities, antimicrobial coatings offer additional advantages.

They increase surface durability, prevent corrosion, and can be applied to various materials, with effectiveness lasting up to 90 days. These coatings are not just easy to clean but are also waterproof and stain-resistant, catering to the growing demand for cleanliness across diverse industries.
The market for antimicrobial coatings is expected to experience significant growth, particularly in high-traffic buildings like workplaces, medical facilities, and educational institutions. This paints a promising future for the industry as the demand for these coatings continues to rise.

The effectiveness of antimicrobial coatings is further reinforced by recent discoveries. For instance, studies show that locally applied antibiotics, delivered directly to the surface through these coatings, are more effective than traditional methods. This approach eliminates bacteria before biofilm formation, offering a valuable tool in the healthcare industry, particularly for treating bone cement used in orthopedic and orthodontic implants.
This report delves into the expanding antimicrobial coatings market, exploring its impact on various industries and its potential to shape the future of surface hygiene.

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List of Prominent Players in the Antimicrobial Coatings Market:
• PPG Industries, Inc.
• Pylon Coatings
• RPM International Inc.
• Sciessent Llc
• Sika AG
• The Sherwin-Williams Company
• Troy Corporation
• Advanced Nanotech Lab (Ant Lab)
• AK Steel Corp.
• AkzoNobel N.V.
• Apogee Enterprises, Inc
• Axalta Coating Systems
• Burke Industrial Coatings
• Diamond Vogel
• Dow Chemical Company
• E. I. Du Pont De Nemours
• Jotun Group
• Koninklijke DSM N.V.
• Lonza
• Nippon Paint Holdings Co., Ltd.
• Novapura Ag
• Antimicrobial Coatings Market Report Scope

Report Attribute Specifications
Market Size value in 2022 USD 8.03 billion
Revenue Forecast in 2031 USD 13.47 billion
Growth Rate in CAGR CAGR of 6.15% from 2023 to 2031

Quantitative Units Representation of revenue in US$ Million, Volume in Ton and CAGR from 2023 to 2031
Historic Year 2019 to 2022
Forecast Year 2023-2031

Report Coverage The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends
Regional Scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country scope U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; South East Asia

Market Dynamics:
Drivers-
Over the past several days, antimicrobial coatings have become more and more common in the medical and healthcare industries globally. This may be a result of increased sanitary awareness and government initiatives to halt the spread of infections contracted in hospitals (HAIs). These HAIs are connected, either directly or indirectly, to injections, catheters, and other medical equipment that frequently pierce the skin or implant into the body. These coatings, which help prevent microbial growth, are widely used in the healthcare and medical sectors. The demand from this sector is anticipated to drive growth in the antimicrobial coatings market.

Challenges:
Concerns have been expressed concerning the moulded nanoparticles' possible use, particularly in the medical and healthcare sectors, due to their dangerous characteristics. Metal nanoparticles have a different biological activity and poisonousness than their aggregate form. Since breathing in copper and silver coatings encourages skin disease, prolonged contact with these materials may be hazardous to human health. A potential strategy for reducing the toxicity of these particles is the biological synthesis of metal nanoparticles.

Regional Trends:
During the projection period, the North American region will lead the market. One of the factors driving the expansion of the market in this area is the existence of numerous producers of antimicrobial coatings. The demand for antimicrobial coatings is anticipated to increase since the number of schools, colleges, and hospitals being built in the North American region has remained the same.

The number of hospitals and healthcare facilities being built in the United States has increased. The market will be dominated during the forecast period by the region's growing population and rising disease rates. On the other hand, due to an increase in demand for antimicrobial coatings in both the construction and pharmaceutical industries, the Asia Pacific region is also anticipated to grow strongly over the forecast period. The market in this area will develop as a result of an increase in patients and frequent hospital visits.

The pandemic epidemic has also increased demand for antimicrobial coatings in the Asia Pacific region's poorer countries.

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Recent Developments:

• In Oct 2022, BASF and Hannong Chemicals intended to establish a strategic production alliance called "BASF Hannong Chemicals Solutions Ltd." The joint venture will combine BASF's robust technology and product innovation capabilities with Hannong's highly efficient production capabilities to supply best-in-class non-ionic surfactant products to BASF and Hannong Chemicals, both of which have their own sales and distribution networks, allowing the two companies to meet rising market demand.

• In May 2020, in consideration of the pandemic, AkzoNobel re-released the Interpon D1000 and 2000 architectural powder coatings.

• In May 2020, PPG Industries introduced a quick-ship program for PPG SILVERSAN antibacterial powder coating. This coating was created with specific silver ionic technology.

• In April 2020, Axalta stated that it would supply E&R Powder Coating with over 7,000 pounds of its Alesta AM powder coatings for bed frames for a temporary hospital at McCormick Place in Chicago, IL, for coronavirus patients. The company will offer 7,000 pounds of its Alesta® AM proprietary powder to aid in the inhibition of microbial development.

Segmentation of Antimicrobial Coatings Market-
By Type-

• Silver
• Copper
• Titanium Dioxide

By End use industry-

• Medical & Healthcare
• Building & Construction
• Protective Clothing
• HVAC System
• Transportation Automotive

By Region-
North America-

• The US
• Canada
• Mexico

Europe-

• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe

Asia-Pacific-

• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific

Latin America-

• Brazil
• Argentina
• Rest of Latin America

Middle East & Africa-

• GCC Countries
• South Africa
• Rest of Middle East and Africa

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This release was published on openPR.