Analysts’ Viewpoint on Antimicrobial Coatings Market Scenario
The increasing popularity of antimicrobial coatings in the healthcare industry is attributable to the rapid expansion of the global market. The global antimicrobial coatings manufacturers are expected to witness tremendous revenue opportunities due to increasing applications in healthcare, indoor air quality products, antimicrobial textiles, food, construction, consumer electronics, etc. Companies in the global antimicrobial coatings market should accelerate their product development and unlock revenue opportunities to obtain competitive benefits. Market stakeholders are overcoming challenges and extending their services arms to gain competitive edge. Growing health concerns and stringent regulations on using antimicrobial coatings are some of the major restraining factors associated with the antimicrobial coatings market.
The antimicrobial coatings market is booming amid the coronavirus pandemic due to increasing demand for protective coatings from various end-use industries across the globe. The increasing spread of coronavirus breakdown is responsible for the rising demand and supply of pharmaceutical products, sanitizers, disinfectants, etc. Consistent efforts of manufacturers operating in the antimicrobial coatings market to fulfill the surging demand from healthcare and pharmaceutical industries is driving the global market. Apart from healthcare, antimicrobial coatings are widely used in indoor air quality products, food, packaging, and textile industries. Antimicrobial coatings are also applied on doors, glass panels, walls, doors, HVAC tents, and counters.
There is a rising prevalence of microorganisms such as parasites, germs, and bacteria into residential as well as commercial places. Antimicrobial coatings are used for protecting surfaces against these harmful microorganisms. Increased awareness about the properties and benefits of the antimicrobial coatings in consumers is also contributable to the global market growth. Rising concerns about cleanliness in various industries have led to the increased product demand, resulting in the rapid development of the global market. The surging R&D activities by key players in antibacterial coatings is also contributing to the growth of the market.
There is an increasing demand for antimicrobial coatings from various end-use industries such as medical & healthcare, indoor air quality, mold remediation, food, construction, antimicrobial textiles, consumer electronics, etc. Increasing awareness of the benefits of antimicrobial coatings in consumers across the globe is driving the global market growth. There are tremendous growth opportunities for manufacturers operating in the antimicrobial coatings market. The global market is also driven by the rising applications of antimicrobial coatings in the packaging industry. Growth and advancement of the medical & healthcare industry are major factors contributing to the rising demand for antimicrobial coatings. Antimicrobial coatings are also used in protective masks, gloves, and carpeting.
Major players operating in the antimicrobial coatings market are investing and expanding their production capabilities in order to gain revenue benefits. There is an increasing demand for antimicrobial coatings from the healthcare industry. The tremendous growth in the healthcare industry is one of the key factors driving the global antimicrobial coatings market. Developing countries are investing in healthcare to fulfill the increasing demand for antimicrobial-protected tools. Rising concerns about infectious diseases and their negative impact on human health are major factors driving the antimicrobial coatings market. The rapidly spreading coronavirus has increased the demand for antimicrobial coatings from consumers.
Antimicrobial coatings used in medical devices help reduce the infection rates. The growing healthcare expenditure by governments, along with rising adoption of products with antimicrobial coatings is fueling the expansion of the global antimicrobial coatings market. Antimicrobial coatings are increasingly being used in surgical instruments, implantable, etc.
North America is expected to account for the largest share of the global antimicrobial coatings market. The potential growth of the healthcare industry is expected to offer tremendous opportunities for market players in the antimicrobial coatings. Advancement in technology and increasing adoption of product in various industries such as mold remediation, healthcare, consumer electronics, food, packaging, construction, etc. are boosting the antimicrobial coatings market in North America. The North America antimicrobial coatings market is also driven by the presence of manufacturers in the region, along with increase in investment in research and development activities by market players. Europe is also projected to hold significant share of the global antimicrobial coatings market.
Attribute |
Detail |
Market Size Value in 2020 (Base Year) |
US$ 3.5 Bn |
Market Forecast Value in 2031 |
US$ 6.7 Bn |
Growth Rate (CAGR) |
12.1% |
Forecast Period |
2021-2031 |
Quantitative Units |
US$ Bn for Value & Kilo Tons for Volume |
Market Analysis |
Includes cross segment analysis at global as well as regional level. Qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, supply chain analysis, and parent industry overview. |
Competition Landscape |
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Format |
Electronic (PDF) + Excel |
Market Segmentation |
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Regions Covered |
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Countries Covered |
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Companies Profiled |
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Customization Scope |
Available upon Request |
Pricing |
Available upon Request |
Antimicrobial Coatings Market – Segmentation
TMR’s research study assesses the global antimicrobial coatings market in terms of product type, application, and region. This report presents extensive market dynamics and trends associated with different segments of the market and how they are influencing growth prospects of the global antimicrobial coatings market.
Product Type |
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Application |
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Region |
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1. Preface
1.1. Report Description
1.2. Research Scope
1.3. Research Methodology
2. Executive Summary
3. Market Overview
3.1. Introduction
3.2. Value Chain Analysis
3.3. Market Drivers
3.3.1. Growing Market for Medical Application Coatings
3.3.2. Rapidly Widening Market for Indoor Air Quality Products
3.3.3. Growing Application of Additives and Coatings in Plastic Packaging
3.3.4. Increasing Demand for Antimicrobial Clothing
3.4. Restraints
3.4.1. Health Issues Associated with the use of Silver in Antimicrobial Coatings
3.4.2. Stringent Environmental Regulations
3.4.3. Need for Efficacy and Product Innovation for Textile Applications
3.5. Opportunities
3.5.1. Huge Untapped Market in Medical/Health Care Industry
3.5.2. Huge Untapped Market in Developing Economies
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat from Substitute Products
3.6.5. Degree of Competition
3.7. Global Antimicrobial Coatings Market: Market attractiveness
3.8. Antimicrobial Coatings Market: Company Market Share Analysis
4. Antimicrobial Coatings Market, by Product Type
4.1. Antimicrobial Coatings Market, by Product Type: Overview
4.1.1. Global Antimicrobial Coatings Market Volume Share, by Product Type, 2020 - 2031
4.2. Antimicrobial Powder Coatings
4.2.1. Global Antimicrobial Powder Coatings Market Volume Share, by Product Type, 2020 - 2031
4.2.2. Global Antimicrobial Powder Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
4.2.3. Silver
4.2.3.1. Global Silver Powder Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
4.2.4. Others
4.2.4.1. Global Other Powder Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
4.3. Surface Modifications and Coatings
4.3.1. Global Antimicrobial Surface Modifications and Coatings Market Volume Share, by Type of Bacteria, 2020 – 2031
4.3.2. Global Surface Modifications and Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
4.3.3. E. Coli
4.3.3.1. Global E. Coli Surface Modifications and Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
4.3.4. Listeria
4.3.4.1. Global Listeria Surface Modifications and Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
4.3.5. Pseudomonas
4.3.5.1. Global Pseudomonas Surface Modifications and Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
4.3.6. Others
4.3.6.1. Global Others Surface Modifications and Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
5. Antimicrobial Coatings Market by Application
5.1. Antimicrobial Coatings Market, by Application: Overview
5.1.1. Global Antimicrobial Coatings Market Volume Share, by Application, 2020 - 2031
5.1.2. Indoor Air Quality
5.1.2.1. Global Antimicrobial Indoor Air Quality Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
5.1.3. Mold Remediation
5.1.3.1. Global Antimicrobial Mold Remediation Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
5.1.4. Medical/Health Care
5.1.4.1. Global Antimicrobial Medical/Health Care Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
5.1.5. Antimicrobial Textiles
5.1.5.1. Global Antimicrobial Textiles Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
5.1.6. Construction
5.1.6.1. Global Antimicrobial Construction Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
5.1.7. Food
5.1.7.1. Global Antimicrobial Food Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
5.1.8. Others
5.1.8.1. Global Antimicrobial Other Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
6. Antimicrobial Coatings Market, by Region
6.1. Antimicrobial Coatings Market, by Region: Overview
6.1.1. Global Antimicrobial Coatings Market, Volume Share, by Region, 2020 - 2031
6.2. North America
6.2.1. North America Antimicrobial Coatings Market Volume, by Product Type, 2020 – 2031 (Kilo Tons)
6.2.2. North America Antimicrobial Coatings Market Volume, by Application, 2020 – 2031(Kilo Tons)
6.2.3. North America Antimicrobial Coatings Market Revenue, by Product Type, 2020 – 2031 (US$ Bn)
6.2.4. North America Antimicrobial Coatings Market Revenue, by Application, 2020 – 2031 (US$ Bn)
6.3. Europe
6.3.1. Europe Antimicrobial Coatings Market Volume, by Product Type, 2020 – 2031 (Kilo Tons)
6.3.2. Europe Antimicrobial Coatings Market Volume, by Application, 2020 – 2031(Kilo Tons)
6.3.3. Europe Antimicrobial Coatings Market Revenue, by Product Type, 2020 – 2031 (US$ Bn)
6.3.4. Europe Antimicrobial Coatings Market Revenue, by Application, 2020 – 2031(US$ Bn)
6.4. Asia Pacific
6.4.1. Asia Pacific Antimicrobial Coatings Market Volume, by Product Type, 2020 – 2031 (Kilo Tons)
6.4.2. Asia Pacific Antimicrobial Coatings Market Volume, by Application, 2020 – 2031(Kilo Tons)
6.4.3. Asia Pacific Antimicrobial Coatings Market Revenue, by Product Type, 2020 – 2031 (US$ Bn)
6.4.4. Asia Pacific Antimicrobial Coatings Market Revenue, by Application, 2020 – 2031(US$ Bn)
6.5. Latin America
6.5.1. Latin America Antimicrobial Coatings Market Volume, by Product Type, 2020 – 2031 (Kilo Tons)
6.5.2. Latin America Antimicrobial Coatings Market Volume, by Application, 2020 – 2031 (Kilo Tons)
6.5.3. Latin America Antimicrobial Coatings Market Revenue, by Product Type, 2020 – 2031 (US$ Bn)
6.5.4. Latin America Antimicrobial Coatings Market Revenue, by Application, 2020 – 2031 (US$ Bn)
6.6. Middle East and Africa
6.6.1. Middle East and Africa Antimicrobial Coatings Market Volume, by Product Type, 2020 – 2031 (Kilo Tons)
6.6.2. Middle East and Africa Antimicrobial Coatings Market Volume, by Application, 2020 – 2031 (Kilo Tons)
6.6.3. Middle East and Africa Antimicrobial Coatings Market Revenue, by Product Type, 2020 – 2031 (US$ Bn)
6.6.4. Middle East and Africa Antimicrobial Coatings Market Revenue, by Application, 2020 – 2031 (US$ Bn)
7. Company Profiles
7.1. AkzoNobel NV
7.1.1. Company Overview
7.1.2. Financial Overview
7.1.3. SWOT Analysis
7.1.4. Business Strategies
7.1.5. Recent Developments
7.2. BASF SE
7.2.1. Company Overview
7.2.2. Financial Overview
7.2.3. SWOT Analysis
7.2.4. Business Strategies
7.2.5. Recent Developments
7.3. Diamond Vogel Paints
7.3.1. Company Overview
7.3.2. Financial Overview
7.3.3. SWOT Analysis
7.3.4. Business Strategies
7.3.5. Recent Developments
7.4. Dow Microbial Control
7.4.1. Company Overview
7.4.2. Financial Overview
7.4.3. SWOT Analysis
7.4.4. Business Strategies
7.4.5. Recent Developments
7.5. E.I. du Pont de Nemours & Company (DuPont)
7.5.1. Company Overview
7.5.2. Financial Overview
7.5.3. SWOT Analysis
7.5.4. Business Strategies
7.5.5. Recent Developments
7.6. Nippon Paint Co. Ltd.
7.6.1. Company Overview
7.6.2. Financial Overview
7.6.3. SWOT Analysis
7.6.4. Business Strategies
7.6.5. Recent Developments
7.7. RPM International Inc.
7.7.1. Company Overview
7.7.2. Financial Overview
7.7.3. SWOT Analysis
7.7.4. Business Strategies
7.7.5. Recent Developments
7.8. Royal DSM N.V.
7.8.1. Company Overview
7.8.2. Financial Overview
7.8.3. SWOT Analysis
7.8.4. Business Strategies
7.8.5. Recent Developments
7.9. Sherwin-Williams Company
7.9.1. Company Overview
7.9.2. Financial Overview
7.9.3. SWOT Analysis
7.9.4. Business Strategies
7.9.5. Recent Developments
7.10. Sono-Tek Corporation
7.10.1. Company Overview
7.10.2. Financial Overview
7.10.3. SWOT Analysis
7.10.4. Business Strategies
7.10.5. Recent Developments
7.11. Troy Corporation
7.11.1. Company Overview
7.11.2. Financial Overview
7.11.3. SWOT Analysis
7.11.4. Business Strategies
7.11.5. Recent Developments
7.12. AK Coatings Inc.
7.12.1. Company Overview
7.12.2. Financial Overview
7.12.3. SWOT Analysis
7.12.4. Business Strategies
7.12.5. Recent Developments
7.13. Arch Lonza
7.13.1. Company Overview
7.13.2. Financial Overview
7.13.3. SWOT Analysis
7.13.4. Business Strategies
7.13.5. Recent Developments
List of Tables
Table 1: Global Antimicrobial Coatings Market Snapshot
Table 2: Drivers For Antimicrobial Coatings Market: Impact Analysis
Table 3: Restraints Of Antimicrobial Coatings Market: Impact Analysis
Table 4: Growth Potential For Antimicrobial Coatings In Medical Device Industry
Table 5: Global Per Capita Consumption And Expenditure On Antimicrobial Coatings, by Geography, 2020 (US$/Person)
Table 6: North America Antimicrobial Coatings Market Volume, by Product Type, 2020 – 2031(Kilo Tons)
Table 7: North America Antimicrobial Coatings Market Volume, by Application, 2020 – 2031 (Kilo Tons)
Table 8: North America Antimicrobial Coatings Market Revenue, by Product Type, 2020 – 2031(US$ Bn)
Table 9: North America Antimicrobial Coatings Market Revenue, by Application, 2020 – 2031 (US$ Bn)
Table 10: Europe Antimicrobial Coatings Market Volume, by Product Type, 2020 – 2031(Kilo Tons)
Table 11: Europe Antimicrobial Coatings Market Volume, by Application, 2020 – 2031 (Kilo Tons)
Table 12: Europe Antimicrobial Coatings Market Revenue, by Product Type, 2020 – 2031(US$ Bn)
Table 13: Europe Antimicrobial Coatings Market Revenue, by Application, 2020 – 2031 (US$ Bn)
Table 14: Asia Pacific Antimicrobial Coatings Market Volume, by Product Type, 2020 – 2031(Kilo Tons)
Table 15: Asia Pacific Antimicrobial Coatings Market Volume, by Application, 2020 – 2031 (Kilo Tons)
Table 16: Asia Pacific Antimicrobial Coatings Market Revenue, by Product Type, 2020 – 2031(US$ Bn)
Table 17: Asia Pacific Antimicrobial Coatings Market Revenue, by Application, 2020 – 2031 (US$ Bn)
Table 18: Latin America Antimicrobial Coatings Market Volume, by Product Type, 2020 – 2031(Kilo Tons)
Table 19: Latin America Antimicrobial Coatings Market Volume, by Application, 2020 – 2031 (Kilo Tons)
Table 20: Latin America Antimicrobial Coatings Market Revenue, by Product Type, 2020 – 2031(US$ Bn)
Table 21: Latin America Antimicrobial Coatings Market Revenue, by Application, 2020 – 2031 (US$ Bn)
Table 22: Middle East & Africa Antimicrobial Coatings Market Volume, by Product Type, 2020 – 2031(Kilo Tons)
Table 23: Middle East & Africa Antimicrobial Coatings Market Volume, by Application, 2020 – 2031 (Kilo Tons)
Table 24: Middle East & Africa Antimicrobial Coatings Market Revenue, by Product Type, 2020 – 2031(US$ Bn)
Table 25: Middle East & Africa Antimicrobial Coatings Market Revenue, by Application, 2020 – 2031 (US$ Bn)
List of Figures
Figure 1: Global Antimicrobial Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
Figure 2: Value Chain Analysis of Global Antimicrobial Coatings
Figure 3: Global Medical Device Coatings Market, by Region, 2020 - 2031 (US$ Bn)
Figure 4: U.S. Indoor Air Quality Products Market, by Segment, 2020 - 2031 (US$ Bn)
Figure 5: Global Functional Additives And Barrier Coatings for Plastic Packaging, 2020 - 2031 (US$ Bn)
Figure 6: Global Functional Additives And Barrier Coatings Revenue Market Share, by Application, 2020
Figure 7: Global Antimicrobial Work-Wear Market, 2020 - 2031 (US$ Bn)
Figure 8: Porter’s Five Force Analysis for Antimicrobial Coatings Market
Figure 9: Global Antimicrobial Coatings Market Attractiveness, by Application, 2020
Figure 10: Global Antimicrobial Coatings Market Revenue Share, by Company, 2020
Figure 11: Global Antimicrobial Coatings Market Volume Share, by Product Type, 2020 - 2031
Figure 12: Global Antimicrobial Powder Coatings Market Volume Share, by Product Type, 2020 - 2031
Figure 13: Global Antimicrobial Powder Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
Figure 14: Global Silver Powder Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
Figure 15: Global Other Powder Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
Figure 16: Global Antimicrobial Surface Modifications and Coatings Market Volume Share, by Type of Bacteria,2020 – 2031
Figure 17: Global Surface Modifications And Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
Figure 18: Global E. Coli Surface Modifications And Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
Figure 19: Global Listeria Surface Modifications And Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
Figure 20: Global Pseudomonas Surface Modifications And Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
Figure 21: Global Others Surface Modifications And Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
Figure 22: Global Antimicrobial Coatings Market Volume Share, by Application, 2020 - 2031
Figure 23: Global Antimicrobial Indoor Air Quality Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
Figure 24: Global Antimicrobial Mold Remediation Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
Figure 25: Global Antimicrobial Medical/Health Care Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
Figure 26: Global Antimicrobial Textiles Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
Figure 27: Global Antimicrobial Construction Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
Figure 28: Global Antimicrobial Food Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
Figure 29: Global Antimicrobial Other Coatings Market, 2020 – 2031 (Kilo Tons) (US$ Bn)
Figure 30: Global Antimicrobial Coatings Market, Volume Share by Region, 2020 - 2031