The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

 

Market Overview

Rapid Growth in Recent Years

• 2023 Market Size: $4.47 billion
• 2024 Market Size: $4.96 billion
• CAGR: 10.8%
• Drivers:
  • Long-term durability
  • Global pandemics
  • Industry adoption
  • Hospital-acquired infections (HAIs)
  • Consumer demand
  • Increased hygiene awareness

 

Projected Future Growth

• 2028 Market Size: $7.63 billion
• CAGR: 11.4%
• Drivers:
  • Healthcare investments
  • Pandemic preparedness
  • Stringent hygiene standards
  • Industry expansion
  • Rise in infectious diseases

 

Read The Full The Antiviral & Antimicrobial Coatings Market Report Here:

https://www.thebusinessresearchcompany.com/report/the-antiviral-and-antimicrobial-coatings-global-market-report

 

Key Trends and Market Dynamics

Increasing Demand in Key Sectors

• Healthcare: Growing adoption in medical facilities for infection control.
• Education and Awareness Campaigns: Promoting hygiene and safety practices.
• Research and Development Focus: Innovations driving new product developments.
• Remote and Touchless Technology: Demand for coatings that reduce surface transmission.
• Sustainable Coating Solutions: Emphasis on eco-friendly antimicrobial solutions.

 

Synergistic Growth with Food and Beverage Industry

Foodborne Safety and Market Expansion

• Food and Beverage Industry: Enhancing cleanliness in food processing and packaging.
• Market Impact: Antimicrobial coatings mitigate foodborne infections and contamination.

 

Market Insights

• National Restaurant Association (2021): Predicts significant growth in food and beverage sales, reinforcing market expansion.

 

Major Market Players and Innovations

Leading Companies

• 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

 

Innovations in Product Development

• Nippon Paint’s Breakthrough: Launch of PROTECTON® Floor VK Clear and Interior Wall VK Coat with antiviral and antibacterial properties.
• Market Impact: Enhances durability and cleanliness across interior spaces and surfaces.

 

Strategic Acquisitions

• Polygiene Group AB’s Acquisition of SteriTouch Ltd.: Strengthens antimicrobial portfolio across multiple applications.
• Synergy: Broadens market reach in plastics, coatings, and paints industries.

 

Market Segmentation

By Type

• Antimicrobial Coatings
• Antiviral Coatings

By Material

• Silver
• Organic Materials
• Copper
• Aluminum
• Silicon Dioxide

By Form

• Liquid
• Powder
• Aerosol

By Application

• Healthcare
• Building And Construction
• Food And Beverage
• Packaging
• Automotive
• Protective Clothing
• Air And Water Treatment

 

Regional Insights

Leading Regions

• North America: Largest market in 2023
• Asia-Pacific: Fastest-growing region during the forecast period

The antiviral and antimicrobial coatings market continues to expand driven by technological advancements, increased hygiene awareness, and the need for infection control across various sectors. Innovations in product development and strategic acquisitions further propel market growth, positioning key players for success in an evolving landscape.

 

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The Antiviral & Antimicrobial Coatings Global Market Report 2024  provides an overview of the antiviral & antimicrobial coatings market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The the antiviral & antimicrobial coatings market forecast analyzes the antiviral & antimicrobial coatings market size, the antiviral & antimicrobial coatings market share, leading competitor and their market positions.

 

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