Global Antimicrobial Powder Coatings Market Insights Forecasts to 2032
- The Global Antimicrobial Powder Coatings Market Size was valued at USD 11.4 Billion in 2022.
- The Global Antimicrobial Powder Coatings Market Size is growing at a CAGR of 15.9% from 2022 to 2032.
- The Global Antimicrobial Powder Coatings Market is expected to reach USD 30.6 Billion by 2032
- Asia Pacific is expected to grow the fastest during the forecast period
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The Global Antimicrobial Powder Coatings Market Size is expected to reach USD 30.6 Billion by 2032, at a CAGR of 15.9% during the forecast period 2022 to 2032.
Antimicrobial Powder Coatings are carefully prepared substances that are intended to prevent bacteria, fungus, and viruses from growing and spreading on a variety of surfaces. Metals, polymers, glass, fabrics, and ceramics are just a few of the many materials that can be coated. Antimicrobial Powder Coatings' main purpose is to stop microorganisms from colonising and surviving on surfaces, which lowers the risk of illnesses and the transmission of dangerous pathogens. They function by discharging antimicrobial chemicals that either poison microorganisms or obstruct their metabolic activities, which ultimately kills or inhibits them. Antimicrobial Powder Coatings' main purpose is to stop microorganisms from colonising and surviving on surfaces, which lowers the risk of illnesses and the transmission of dangerous pathogens. They function by discharging antimicrobial chemicals that either poison microorganisms or obstruct their metabolic activities, which ultimately kills or inhibits them.
Impact of COVID-19 On Global Antimicrobial Powder Coatings Market
The global pandemic increased consumer demand for Antimicrobial Powder Coatings by bringing attention to the need for cleanliness and infection prevention. To lower the danger of microbial contamination, sectors like healthcare, food processing, hospitality, and transportation have demonstrated greater interest in adding Antimicrobial Powder Coatings to their goods and facilities. Antimicrobial coating usage has significantly increased in the healthcare industry. These coatings were applied to high-touch surfaces, medical equipment, and personal protective equipment (PPE) at hospitals, clinics, and other healthcare facilities to prevent the virus from spreading and to safeguard patients and staff. Consumer behaviour was also affected by the pandemic, with a stronger emphasis being placed on cleanliness and personal hygiene. The need for Antimicrobial Powder Coatings in consumer goods like textiles, electronics, and home appliances has risen as a result. on further safeguard consumers, manufacturers have added Antimicrobial Powder Coatings on items like facemasks, clothes, and touchscreens.
Global Antimicrobial Powder Coatings Market Report Coverage
|Market Size in 2022:
|USD 11.4 Billion
|Forecast Period 2022-2032 CAGR:
|2032 Value Projection:
|USD 30.6 Billion
|Historical Data for:
|No. of Pages:
|Tables, Charts & Figures:
|By Product, By Application, By Region, and COVID-19 Impact Analysis
|AkzoNobel N.V., AK Steel Corp., Lonza, Diamond Vogel, DuPont, Axalta Coating Systems, Nippon Paint Holdings Co., Ltd., PPG Industries, Inc., RPM International Inc., Koninklijke DSM N.V., Burke Industrial Coatings, The Sherwin-Williams Company, and Troy Corporation And Other Key Venders
|Pitfalls & Challenges:
|COVID-19 has the potential to impact the global market
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Key Market Drivers
The market for Antimicrobial Powder Coatings has been significantly impacted by the increased awareness of the value of hygiene and infection control across a variety of industries, including healthcare, food processing, and consumer goods. Antimicrobial Powder Coatings are being used more frequently in buildings and products as a result of the desire to stop the spread of illnesses and provide safer settings. An important issue has been healthcare-associated infections (HAIs), which have boosted the demand for Antimicrobial Powder Coatings in hospital settings. These coatings enhance patient safety and results by lowering the microbial load on surfaces and lowering the risk of infections. The market for Antimicrobial Powder Coatings has expanded in a number of industries. Aside from the healthcare sector, other industries that have included Antimicrobial Powder Coatings in their goods and procedures include food and beverage, packaging, textiles, construction, and automotive.
Key Market Challenges
Antimicrobial Powder Coatings can be more expensive than conventional coatings, which may put off some potential customers. The advantages of antimicrobial qualities must be weighed against the higher cost by manufacturers and end users, particularly in markets with price-sensitive customers or sectors with limited budgets. Antimicrobial Powder Coatings can operate differently over time depending on the type of coating, how it is applied, and the climate. For long-term protection against microbial development, coating antimicrobial efficacy must be maintained. The problem of creating long-lasting coatings that can endure varied environments and regular cleaning continues. Even though consumers and businesses are becoming more aware of the advantages of Antimicrobial Powder Coatings, there is still a need for education and awareness efforts to help them understand the correct application, restrictions, and advantages of these coatings. Lack of knowledge and false assumptions might impede business expansion and consumer adoption. While consumer and industry understanding of the advantages of Antimicrobial Powder Coatings is growing, there is still a need for education and awareness campaigns to guide them through the proper application, restrictions, and advantages of these coatings. Lack of understanding and false assumptions might prevent market adoption and growth.
The surface modifications & Coatings segment accounted for the largest market share
On the basis of product, the global antimicrobial powder coatings market is segmented into Antimicrobial Powder Coatings and Surface Modifications & Coatings. Among these, the surface modifications and coatings segment dominates the market with the largest market share over the forecast period. The benefits of a high-quality, long-lasting antibacterial coating are well-known. Surface alterations and coatings are essential in this market segment for improving antimicrobial efficacy and extending the spectrum of applications. The necessity for ongoing antimicrobial efficacy, particularly in high-traffic areas or workplaces requiring frequent cleaning, has raised the market for such coatings. Healthcare and food processing sectors place a high priority on coatings that can endure cleaning procedures while preserving their antibacterial qualities for protracted periods of time.
Medical devices segment dominates the market over the forecast period
Based on the application, the global antimicrobial powder coatings market is segmented into Sanitary facilities and kitchen, Air conditioning and ventilation systems, Food processing and packaging, Antimicrobial textile, Mold remediation, Construction, Medical Devices, and Others. Among these, the medical devices segment dominates the market over the forecast period. Antimicrobial powder coatings can be used on a variety of objects, not just medical equipment. They can be found in a variety of medical products, including as surgical instruments, orthopaedic implants, breathing equipment, catheters, and wound care items. Antimicrobial powder coatings can be used on a variety of medical device types thanks to their adaptability, which is boosting market growth.
North America dominates the market with the largest market share
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Among all other regions, North America dominates the market with the largest market share over the forecast period. In North America, the emphasis on infection control is expanding across a number of industries, including healthcare, food manufacturing, and public areas. The risk of infections can be decreased by using antimicrobial powder coatings, which are an efficient way to stop pathogen growth on surfaces. The need for antimicrobial powder coatings has expanded in the area as a result of the growing emphasis on hygiene and infection control.
Asia Pacific region is witnessing the fastest market growth over the forecast period. The Asia Pacific area is rapidly urbanising and industrialising, which is increasing demand for antimicrobial powder coatings across a variety of industries. Antimicrobial Powder Coatings are being used in sectors like electronics, automotive, and construction to improve product performance and offer additional defence against microbial contamination.
Recent Market Developments
- In May 2021, PureSafe was created and released thanks to a collaboration between Addmaster (UK) Ltd and Pulse Roll Label Products Ltd, a specialist in printing inks.
List of Key Companies
- AkzoNobel N.V.
- AK Steel Corp.
- Diamond Vogel
- Axalta Coating Systems
- Nippon Paint Holdings Co., Ltd.
- PPG Industries, Inc.
- RPM International Inc.
- Koninklijke DSM N.V.
- Burke Industrial Coatings
- The Sherwin-Williams Company
- Troy Corporation
This study forecasts revenue at global, regional, and country levels from 2019 to 2032. Spherical Insights has segmented the global Antimicrobial Powder Coatings Market based on the below-mentioned segments:
Antimicrobial Powder Coatings Market, Type Analysis
- Antimicrobial Powder Coatings
- Surface Modifications & Coatings
Antimicrobial Powder Coatings Market, Application Analysis
- Sanitary facilities and kitchen
- Air conditioning and ventilation systems
- Food processing and packaging
- Antimicrobial textile
- Mold remediation
- Medical Devices
Antimicrobial Powder Coatings Market, Regional Analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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