Global Antimicrobial Coatings Market Outlook and Forecast 2021-2026: Silver-based, Copper-based, Zinc-based, Titanium-based
DUBLIN, May 21, 2021 / PRNewswire / – The “Antimicrobial Coatings Market – Global Outlook and Forecast 2021-2026” the report was added to ResearchAndMarkets.com from offer.
The global antimicrobial coatings market in terms of revenue is expected to grow at a CAGR of approx. 6% during 2020-2026.
The outbreak of the COVID-19 pandemic has significantly influenced the market. The healthcare industry’s demand for antimicrobial coating has increased dramatically to prevent the spread of nosocomial infections (HAIs) during the pandemic.
Over 2 million people are affected and 90,000 people die from HAIs each year, emerging as a leading cause of death worldwide. With the health sector ready to cross paths 200 billion USD brand due to the growth of smart hospitals and medical tourism, the demand for advanced medical equipment and surgical procedures is increasing, thus increasing the application at a rapid pace.
The global Antimicrobial Coatings market research report comprises detailed segmentation by material type, end user, and geography. The global silver materials market expects to reach over 3 billion USD by 2026.
Silver metals are widely used in various end user industries, which account for over 54% of the market share by value. They are used in antimicrobial coating due to the wide continuum of antibacterial, antifungal and antiviral properties, lower toxicity, high efficiency and long-lasting effect.
In addition, they exhibit low cytotoxicity and a weak immunological response. Therefore, silver nanoparticles are used in the biomedical sector on a larger scale. These materials find high applications in medical tomography, molecular diagnostics, and therapies such as the manufacture of artificial joint prostheses, dressings and surgical threads.
Antimicrobial Healthcare Coatings Market Expected To Reach Over 3 billion USD by 2026, with a CAGR of over 7%. The segment accounted for over 54% of the market share in 2020. The healthcare sector is one of the largest end users. The growing awareness of hygiene and health safety, the growth of cases of IAS and the constant increase in chronic orders are driving demand in the healthcare industry.
Highly tactile surfaces in hospitals such as surgical equipment, lift buttons, bedside railings and IV poles are coated with antimicrobial solutions to prevent the growth of microbes. Currently, North America is the main market in the application of the antimicrobial medical device coating industry; however, APAC is the fastest growing region.
Sherwin -Williams, Akzo Nobel NV, PPG Industries, RPM International and Axalta Coating Systems are the major players in the antimicrobial coatings market and constitute the maximum share of the market.
These companies are at the forefront of providing innovative and high quality solutions. Companies have started to focus on sustainability by committing to generate more value from fewer resources and turn environmental challenges and societal concerns into product innovations.
Several new players have entered the antimicrobial coatings market with the onset of the COVID-19 pandemic. They plan to expand their presence worldwide during the forecast period, especially in the rapidly developing countries of the APAC region, to gain more market share.
KEY QUESTIONS ANSWERED
1. How much will the global antimicrobial coatings market be worth by the end of 2026?
2. How has the COVID-19 pandemic affected the antimicrobial coatings market?
3. What are the major drivers influencing the growth of the Antimicrobial Coatings market?
4. Who are the major players in the coatings for antimicrobial devices market?
5. Who are the primary end users of antimicrobial coatings?
Main topics covered:
1 Research methodology
2 Research objectives
3 Research process
4 Scope and coverage
4.1 Market definition
4.2 Base year
4.3 Scope of the study
4.4 Market segments
4.4.1 Market segmentation by material
4.4.2 Market Segmentation by End User Industry
4.4.3 Market segmentation by geography
5 Report assumptions and caveats
5.1 Key caveats
5.2 Currency conversion
5.3 Market derivation
6 Market at a glance
7.1.1 Antimicrobial classification
7.1.2 Impact of COVID-19
8 Market opportunities and trends
8.1 Growing demand from the health sector
8.2 Growing demand from the construction sector
8.3 Acceleration of demand from the food industry
8.4 Growing demand from the textile industry
9 market growth factors
9.1 Emergence of new technologies
9.2 Innovation in existing and new products
9.3 Strong demand for HAI monitoring
10 Market restrictions
10.1 Health and environment
10.2 Strict government regulations
11 Market landscape
11.1 Market overview
11.2 Geographical landscape
11.2.1 North America: Key ideas
11.2.2 APAC: key information
11.2.3 Europe: Key ideas
11.2.4 Latin America: Key ideas
11.2.5 Middle East & Africa: Key ideas
11.2.6 Supplier analysis
11.2.7 Strategic movement
11.3 Market Size and Forecast
11.4 Analysis of the five forces
12.1 Market Overview and Growth Driver
12.2 Market overview
12.3 Antimicrobial silver coating
12.4 Antimicrobial copper coating
12.5 Antimicrobial zinc coating
12.6 Antimicrobial titanium coating
12.7 Other antimicrobial coatings
13 End user
13.1 Market Overview and Growth Driver
13.2 Market overview
13.3 Healthcare industry
13.4 Construction industry
13.5 Food industry
13.6 Heating, ventilation and air conditioning (HVAC) systems
13.7 Transport industry
- AkzoNobel NV
- Axalta coating system
- PPG Industries
- RPM International Inc.
Other important suppliers
- Burke industrial coating
- Fiberlock Technologies
- Flora coatings
- Aereus Technologies
- Protech-Oxyplast Group (Protech-Oxyplast powder coatings)
- IBC Coating Technologies
- Prismatic surface coating
- John Desmond Ltd.
- Innovative Chemicals Group (ICP)
- Sono -Tek Corporation
- Diamond Vogel
- Jamestown Coating Technologies
- AST Products
- Jotun Group
- Inspiraz Technology Pte Ltd
- MVX Hitech
For more information on this report, visit https://www.researchandmarkets.com/r/rc55ez
Research and markets
Laura Wood, Main director
For EST office hours, call + 1-917-300-0470
For USA / CAN toll free + 1-800-526-8630
For GMT office hours, call + 353-1-416-8900
US Fax: 646-607-1907
Fax (outside the United States): + 353-1-481-1716
SOURCE Research and markets