In 2022, the global antimicrobial powder coatings market reached a valuation of approximately USD 1.5 billion, and it is projected to experience a significantly higher Compound Annual Growth Rate (CAGR) of over 11% from 2023 to 2030. The driving forces behind this market expansion include an increased emphasis on hygiene in healthcare, food, and consumer industries. The growing concern over infections and compliance with regulatory requirements is fueling demand, with advanced coating technologies providing durable protection against microbes. Additionally, factors like urbanization, industrial development, and the lingering effects of pandemics are further accelerating the adoption of these coatings. Sustainability and the emergence of new markets also play pivotal roles in the market’s growth.
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Market Trends:
- Increasing awareness and concern about microbial contamination and its impact on public health: Antimicrobial powder coatings are used to protect surfaces from the growth of bacteria, fungi, and other microorganisms. This is becoming increasingly important as public awareness of the dangers of microbial contamination grows.
- Rising demand for antimicrobial powder coatings in the healthcare industry: The healthcare industry is one of the largest users of antimicrobial powder coatings. These coatings are used to protect a wide range of medical devices and equipment, such as surgical instruments, implants, and hospital furniture.
- Growing adoption of antimicrobial powder coatings in the food and beverage industry: The food and beverage industry is another major user of antimicrobial powder coatings. These coatings are used to protect food processing equipment, packaging materials, and retail display cases.
- Increasing use of antimicrobial powder coatings in other industries: Antimicrobial powder coatings are also being used in a growing range of other industries, such as construction, transportation, and consumer electronics.
According to the recent report published by RC Market Analytics, the Global Antimicrobial Powder Coatings Market is expected to provide sustainable growth opportunities during the forecast period from 2023 to 2030. This latest industry research study analyzes the antimicrobial powder coatings market by various product segments, applications, regions and countries while assessing regional performances of numerous leading market participants. The report offers a holistic view of the antimicrobial powder coatings industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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Geographically, the antimicrobial powder coatings market report comprises dedicated sections centering on the regional market revenue and trends. The antimicrobial powder coatings market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Antimicrobial powder coatings market estimates have also been provided for the historical years 2020 & 2021 along with forecast for the period from 2023 – 2030. The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, Italy, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
The Antimicrobial Powder Coatings Market Segmentation:
By Type:
- Silver-Based
- Copper-Based
- Zinc-Based
- Others
By End-Use Industry:
- Healthcare
- Food and Beverage
- HVAC
- Electronics
- Textiles
- Building and Construction
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Some of the major market players operating in the global antimicrobial powder coatings market are AkzoNobel N.V., PPG Industries, Inc., Axalta Coating Systems, Sherwin-Williams Company, PPG Industries, Inc., Nippon Paint Holdings Co., Ltd., RPM International Inc., Sono-Tek Corporation, and DuPont de Nemours, Inc.
Recent Developments:
- AkzoNobel partnered with BioCote in March 2023 to expand their Interpon brand antimicrobial powder coatings. This can be used on a variety of internal surfaces, such as window frames, ceiling tiles, metal office partitions, metal doors, and elevator doors.
- BASF partnered with membrane manufacturer Permionics Membranes in January 2022 for the application of BASF’s Ultrason E (PESU: polyethersulfone) into coated fabrics which serve as particulate and bacterial filters for face masks.
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Key Questions Answered by Antimicrobial Powder Coatings Market Report:
- Product popularity and adoption based on various country-level dynamics
- Regional presence and product development for leading market participants
- Market forecasts and trend analysis based on ongoing investments and economic growth in key countries
- Competitive landscape based on revenue, product offerings, years of presence, number of employees and market concentration, among others
- Various industry models such as SWOT analysis, Pestle Analysis, Porter’s Five Force model, Value Chain Analysis pertaining to Antimicrobial Powder Coatings market
- Analysis of the key factors driving and restraining the growth of the global, regional and country-level markets from 2020-2027
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