The Business Research Company’s report on the The Antiviral & Antimicrobial Coatings Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the the antiviral & antimicrobial coatings market’s growth in recent years?
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 June 2022, according to the National Center for Biotechnology Information, a US-based government agency, in two decades the prevalence of infectious diseases in outpatient care has increased almost three times, from 8 to 26 per 1,000. Therefore, the rising prevalence of infectious diseases is driving the growth of the antiviral and antimicrobial coatings market going forward.
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How does the future projection of the the antiviral & antimicrobial coatings market size compare to its historical growth?
The the antiviral & antimicrobial coatings market size has grown rapidly in recent years. It will grow from$4.93 billion in 2024 to $5.44 billion in 2025 at a compound annual growth rate (CAGR) of 10.4%. 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 “$8.73 billion in 2029 at a compound annual growth rate (CAGR) of 12.6%. 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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Which key players are shaping the future of the the antiviral & antimicrobial coatings market?
Major companies operating in the the antiviral & antimicrobial coatings market include 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., Novapura AG, Dortrend International 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.
What trends will propel the growth and evolution of the the antiviral & antimicrobial coatings market?
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.
Which regions are expected to become dominant players in the the antiviral & antimicrobial coatings market?
North America was the largest region in the antiviral and antimicrobial coatings market in 2024.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 antiviral & antimicrobial coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What are the emerging key segments in the the antiviral & antimicrobial coatings market, and how are they evolving?
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
Subsegments:
1) By Antimicrobial Coatings: Silver-Based Coatings, Copper-Based Coatings, Zinc-based Coatings, Organic Coatings, Other Antimicrobial Coatings
2) By Antiviral Coatings: Coatings With Antiviral Agents, Coatings With Surfactants, Nanoparticle-Based Coatings, Other Antiviral Coatings
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What defines the structure and scope of the the antiviral & antimicrobial coatings market?
Antiviral and antimicrobial coatings refer to the materials that can be applied to surfaces to prevent the spread of viruses and bacteria. Antiviral coatings are specifically designed to inactivate viruses, while antimicrobial coatings can target a broader range of microorganisms, including bacteria and fungi.
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