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Antiviral Antimicrobial Coatings Market

Antiviral Antimicrobial Coatings Market

Antiviral Antimicrobial Coatings Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

132

Base Year:

2021

Date

Mar - 2022

Format:

PDF XLS PPT

Report Code:

VMR-1398

Segments Covered
  • By Type Silver, Copper, Titanium Dioxide
  • By Application Medical & Healthcare, Food & Beverage, Building & Construction, HVAC System, Protective Clothing, Transportation
  • By Region North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Snapshot
Forecast YearsForecast Years: 2022 - 2028
Historical YearsHistorical Years: 2016 - 2021
Revenue 2021Revenue 2021: 3.7 USD Billion
Revenue 2028Revenue 2028: 7.59 USD Billion
Revenue CAGRRevenue CAGR (2022 - 2028): 10.8%
Fastest Growing Region Fastest Growing Region (2022 - 2028) North America
Largest Region Largest Region (2021): ASia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst
Antiviral Antimicrobial Coatings Market Share

Antiviral Antimicrobial Coatings Market

Market Synopsis

Global Antiviral Antimicrobial Coatings Market is valued at 3.7 USD Billion in 2021 and is projected to attain a value of 7.59 USD Billion by 2028 at a CAGR of 10.8% during the forecast period, 2022–2028.

Antiviral Antimicrobial Coatings Market is used to protect people and surfaces from harmful bacteria, viruses, and fungi. Demand for these coatings is increasing as more people become aware of the many ways that pathogens can spread diseases. With each passing year, the global population is growing rapidly, meaning that we will eventually face an increased risk of pandemics and spread of deadly pathogen such as Ebola Virus and Zika Virus, among others. Hospitals need to be protected against this risk by limiting contamination in surgical rooms, patient rooms, and bathrooms. Antiviral antimicrobials help hospitals achieve these goals.

Antiviral Antimicrobial Coatings Market Size, 2021 To 2028 (USD 7.59 Billion)

Increasing Outbreak of Deadly Virus to Drive Growth of Antiviral Antimicrobials Coating Market

Antiviral Antimicrobial Coatings Market is used to provide a protective barrier on any surface that is in contact with skin. They can be found on everything from floors, to beds, and even to clothing. Manufacturers of antimicrobial coatings report that there has been an increase in demand for these coatings due to a greater awareness about the dangers of viruses like Ebola and Zika. Antimicrobial coatings are used in biomedical equipment, household appliances, and even food packaging. They're also increasingly being used in medical devices like ventilators, implants, and surgical gloves. One of the main reasons for this is that people are increasingly suffering from bacterial infections due to increased antibiotic resistance.

Market Segmentation

Global Antiviral Antimicrobials Coating Market is Segmented by Type (Silver, Copper, Titanium Dioxide), Application (Medical & Healthcare, Food & Beverage, Building & Construction, HVAC System, Protective Clothing, Transportation), & Region

Below tree is interactive. You can click the nodes to get more information.

Silver-based Antiviral Antimicrobial Coatings to Drive Growth of Antiviral Antimicrobials Coating Market

Silver-based Antiviral Antimicrobial Coatings have been an important component of healthcare industry for a long time. They have traditionally been used in hospitals to prevent the spread of microorganisms among patients and staff. However, there has been an increase in demand for these products due to the rise of new and emerging infections such as MRSA (Methicillin-resistant Staphylococcus aureus). These infections are difficult to treat because they are resistant to many common medicines. Silver can kill these types of bacteria before they can invade human cells.

Silver-based Antiviral Antimicrobial Coatings are used in medical, food and beverage packaging to resist bacterial growth. This technology is very popular in the medical industry due to its effectiveness in reducing hospital-acquired infections. In food and beverage packaging, it is an excellent option for controlling unwanted bacteria. The demand for this product is expected to increase in coming years with the increased emphasis on improving public health.

North America to Hold Prominent Share of the Global Antiviral Antimicrobials Coating Market

North America is the largest consumer of Antiviral Antimicrobial Coatings Market due to the high demand for these coatings in food processing and healthcare facilities. North America's higher levels of ambient humidity make them especially susceptible to microbial, fungal, and bacterial growth. As a result, many food processing facilities in US and Canada are required by law to use these substances on surfaces that come into contact with food. Another reason North America is the largest consumer of Antiviral Antimicrobial Coatings Market is because they are used in a huge range of products and items that people use every day, such as kitchen counters, electronics cases and desktops. Antiviral coatings are also applied to food packaging to reduce the risk of contamination with bacteria and viruses.

Key Players

Axalta Coating Systems (US), The Sherwin-Williams Company (US), Nippon Paint Holdings (Japan), PPG Industries (US), and DuPont de Nemours (US).

Antiviral Antimicrobial Coatings Market is segmented as follows:

Parameter Details
Segments Covered
  • Type (Silver, Copper, Titanium Dioxide)
  • Application (Medical & Healthcare, Food & Beverage, Building & Construction, HVAC System, Protective Clothing, Transportation)
  • Region (North America, Europe, Asia Pacific, Middle East & Africa, Latin America)
Regions & Countries Covered
  • North America - (U.S., Canada, Mexico)
  • Europe - (U.K., France, Germany, 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 & Africa)
Companies Covered
  • Axalta Coating Systems (US)
  • The Sherwin-Williams Company (US)
  • Nippon Paint Holdings (Japan)
  • PPG Industries (US)
  • and DuPont de Nemours (US)
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis

Antiviral Antimicrobial Coatings Market is tabulated as follows:

Antiviral Antimicrobial Coatings Market to Reach Valuation of 7.59 USD Billion by 2028 - Increasing Technological Advancements in the Healthcare Sector is Driving the Market
In terms of revenue, the Global Antiviral Antimicrobial Coatings Market is expected to reach 7.59 USD Billion by 2028, growing at a Compound Annual Growth Rate (CAGR) of 10.8% from 2022 to 2028. The increasing cases of healthcare-associated infections and government initiatives & funding for the de...
FAQ
Frequently Asked Question
  • The global Antiviral Antimicrobial Coatings valued at 3.7 USD Billion in 2020 and is expected to reach 7.59 USD Billion in 2028 growing at a CAGR of 10.8%.

  • The prominent players in the market are Axalta Coating Systems (US), The Sherwin-Williams Company (US), Nippon Paint Holdings (Japan), PPG Industries (US), and DuPont de Nemours (US).

  • The market is project to grow at a CAGR of 10.8% between 2021 and 2028.

  • The driving factors of the Antiviral Antimicrobial Coatings include

    • Growing demand in HVAC systems

  • ASia Pacific was the leading regional segment of the Antiviral Antimicrobial Coatings in 2020.