Antimicrobial Powder Coatings Market Size to Reach $3.35 Billion by 2029 | Growth at 11.9% CAGR Forecast

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What is the Projected Market Size of the Antimicrobial Powder Coatings Industry?
There has been a swift expansion in the market size of antimicrobial powder coatings in the previous years. It is forecasted to increase from $1.93 billion in 2024 to $2.13 billion in 2025, indicating a compound annual growth rate (CAGR) of 10.4%. The escalation recorded during the historic phase is attributed to the increasing cognizance towards hygiene norms, strict regulatory prerequisites, health apprehensions, preparedness for pandemics, demand in the consumer goods sector, and the need to inhibit microbial growth.

What Will Be the Size of the Antimicrobial Powder Coatings Market by 2029?
The market for antimicrobial powder coatings is predicted to experience a swift expansion over the coming years, reaching a size of $3.35 billion in 2029, with an annual growth rate of 11.9%. The projected growth during this period is influenced by factors such as the development of healthcare infrastructure, the growth of the food and beverage sector, increasing demand in the residential construction sector, public space preventive measures and higher usage in transportation. Expect significant trends during this forecast period, such as the incorporation in building and construction materials, use in consumer goods and household applications, interior surfaces and components of automobiles, improvements in formulations for extended effectiveness, and compliance with regulatory and certification standards.

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What Are the Key Drivers Accelerating Growth in the Antimicrobial Powder Coatings Market?
The escalating apprehension regarding the mitigation of contamination dangers in medical equipment is a key factor propelling the expansion of the antimicrobial powder coating market. Contamination of medical tools pertains to the unsought or accidental insertion of infectious substances such as bacteria, yeast, mold, fungi, virus, prions, protozoa, or their toxins and residuals on medical equipment that possess detrimental consequences on human well-being. Medical facilities like hospitals, surgery centers, and dental clinics recurrently use antimicrobial powder coating to guard medical appliances like hospital beds, wheelchairs, handrails, lifts, trolleys, and others, that come into direct contact with patients susceptible to bacteria, viruses, parasites, as well as mold or mildew to inhibit hospital-induced contagions. For instance, the World Health Organization (WHO), a globally recognized Swiss agency of the United Nations assigned for global public health, predicted in 2022 that for every 100 patients globally, approximately 7 patients in high-income countries and 15 patients in middle and low-income countries are afflicted by at least one healthcare-associated contagion (HAI), and statistically, 1 in every 10 patients infected succumbs owing to HAI. Thus, the increasing alarm regarding the prevention of contamination risks in medical tools is anticipated to give a significant boost to the antimicrobial powder coating market in the consequent years.

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How Is the Antimicrobial Powder Coatings Market Segmented by Type, Application, and Region?
The antimicrobial powder coatings market covered in this report is segmented -

1) By Product: Natural, Organic, Inorganic
2) By Additive: Silver, Zinc, Copper, Other Additive Type
3) By End-Use Industries: Healthcare, Textiles, Electrical and Electronics, Food and Beverages, Building and Construction, Other End-User Industries

Subsegments:
1) By Natural: Plant-Based Antimicrobial Coatings, Biopolymer-Based Coatings
2) By Organic: Organic Compound-Based Antimicrobial Coatings, Synthetic Organic Antimicrobial Coatings
3) By Inorganic: Metal-Based Antimicrobial Coatings, Metal Oxide-Based Coatings

What Are the Key Trends Driving Growth in the Antimicrobial Powder Coatings Market?
The primary trend gaining traction in the antimicrobial powder coating market is product innovation. Market-leading companies are honing their focus on research and development to pioneer new products, thereby cementing their competitive standing in the market. In line with this, Microban, an American business known for its ground-breaking antimicrobial technologies and odor control solutions, introduced Ascera in September 2023. This eco-friendly, patent-pending innovation is inspired by nature and promises lifelong protection for solvent-based coatings and olefinic polymers. Its optimized processing, ease of implementation, and long-lasting antimicrobial protection without the use of heavy metals sets Ascera up to be a game-changer in the antimicrobial powder coating market by offering an effective and green solution for the industry.

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Who Are the Leading Companies Driving Growth in the Antimicrobial Powder Coatings Market?
Major companies operating in the antimicrobial powder coatings market include BASF SE, The Sherwin-Williams Company, PPG Industries Inc., Royal DSM N.V., Akzo Nobel N.V., ICL Advanced Additives Ltd., Nippon Paint Holdings Co. Ltd., RPM International Inc., Axalta Coating Systems LLC, Troy Corporation, Berger Paints Ltd., IFS Coatings, IGP Pulvertechnik AG, Teknos Group Oy, DuPont Microbial Control, Gebr. Mankiewicz & Co. GmbH & Co. KG, Diamond Vogel, Aerowood Powder Coating Limited, Microban International Ltd., Protech Group, Sono-Tek Corporation, Rapid Engineering Co Pvt. Ltd., Cupron Inc., Lonza Group AG, Tulip Paints, Pulver Kimya San. ve Tic. A.S., Kastus Technologies Ltd., Topo Powder Coating Co. Ltd., Thermaset Ltd., BioCote Ltd., SANITIZED AG, Hydromer Inc.

Which Is the Leading Region in the Global Antimicrobial Powder Coatings Market?
North America was the largest region in the antimicrobial powder coatings market share in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the antimicrobial powder coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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This release was published on openPR.