The the antiviral & antimicrobial coatings global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
The Antiviral & Antimicrobial Coatings Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The the antiviral & antimicrobial coatings market size has grown rapidly in recent years. It will grow from $4.47 billion in 2023 to $4.96 billion in 2024 at a compound annual growth rate (CAGR) of 10.8%. The growth in the historic period can be attributed to long-term durability, global pandemics, industry adoption, hospital-acquired infections (hais), consumer demand, increased hygiene awareness.
The the antiviral & antimicrobial coatings market size is expected to see rapid growth in the next few years. It will grow to $7.63 billion in 2028 at a compound annual growth rate (CAGR) of 11.4%. The growth in the forecast period can be attributed to healthcare investments, pandemic preparedness, stringent hygiene standards, industry expansion, rise in infectious diseases. Major trends in the forecast period include increasing demand in healthcare, education and awareness campaigns, research and development focus, remote and touchless technology, sustainable coating solutions.
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Scope Of The Antiviral & Antimicrobial Coatings Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
The Antiviral & Antimicrobial Coatings Market Overview
Market Drivers –
The rising prevalence of infectious diseases is expected to propel the growth of the antiviral and antimicrobial coatings market. Infectious diseases refer to illnesses caused by microorganisms or parasites that enter the body, multiply, and cause an infection. Some infectious diseases may be contagious or non-contagious. Antiviral and antimicrobial coatings have been developed to inhibit the spread of infectious diseases on contaminated surfaces. Peptides and nanomaterials have been used to create antimicrobial coatings with antiviral properties to curb infectious bacteria and viruses. For instance, in September 2022, according to Johns Hopkins University, a US-based private university, over 353,000 deaths linked to the coronavirus were reported in 2021, surpassing the 352,000 cases reported during pandemic. Therefore, the rising prevalence of infectious diseases is driving the growth of the antiviral and antimicrobial coatings market going forward.
Market Trends –
Product innovation is a key trend gaining popularity in the antiviral and antimicrobial coatings market. Major companies operating in the antiviral and antimicrobial coatings market are focused on developing innovative products to strengthen their position and gain a competitive advantage. For instance, in February 2022, Nippon Paint Co., Ltd., a Japan-based paint manufacturer, launched PROTECTON® Floor VK Clear, used for floors, and PROTECTON Interior Wall VK Coat two anti-viral and anti-bacterial water-based paint products, used for interior walls. These paints are very durable and have anti-viral and anti-bacterial effects from copper, thereby reducing viruses and bacteria on the coating surface by 99% or more and having good durability. VK Clear can also be used on porcelain tiles, whose adhesion is difficult to achieve in normal circumstances. Wall VK Coat has good durability, even after cleaning with other wipes.
The the antiviral & antimicrobial coatings market covered in this report is segmented –
1) By Type: Antimicrobial Coatings, Antiviral Coatings
2) By Material: Silver, Organic Materials, Copper, Aluminum, Silicon Dioxide
3) By Form: Liquid, Powder, Aerosol
4) By Application: Healthcare, Building And Construction, Food And Beverage, Packaging, Automotive, Protective Clothing, Air And Water Treatment
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Regional Insights –
North America was the largest region in the antiviral and antimicrobial coatings market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global antiviral and antimicrobial coatings market report during the forecast period. The regions covered in the the antiviral & antimicrobial coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the the antiviral & antimicrobial coatings market report are Akzo Nobel NV, Lonza Group AG, PPG Industries Inc., Axalta Coating Systems LLC, The Sherwin-Williams Company, Nippon Paint Holdings Co. Ltd., RPM International Inc., Sciessent LLC, Sika AG, BASF SE, Jotun AS, DuPont de Nemours Inc., NanoGraphene Inc., Koninklijke DSM NV, Microband International Ltd., Cupron Inc., Sherwin-Williams Company, Novapura AG, Dortrend International Ltd., Smart Separations Ltd., BioCote Limited, Graphene CA, Nano-Care Deutschland AG, Arkema SA, Antiviral Protection SL, TWI Technology Centre Ltd., IMBED BIOSCIENCES Inc., Nanocomposix Inc., Akita Innovations LLC, Allvivo Vascular Inc.
Table of Contents
1. Executive Summary
2. The Antiviral & Antimicrobial Coatings Market Report Structure
3. The Antiviral & Antimicrobial Coatings Market Trends And Strategies
4. The Antiviral & Antimicrobial Coatings Market – Macro Economic Scenario
5. The Antiviral & Antimicrobial Coatings Market Size And Growth
…..
27. The Antiviral & Antimicrobial Coatings Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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