• ASSO
• 2022-08-01
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Expert Opinion: Global Anti-Microbial Coatings Market

Experts from ASSO International Consulting predict that the Anti-Microbial Coatings market will likely reach $5.2 billion by 2030.
 
An antimicrobial surface contains an antimicrobial agent that inhibits the ability of microorganisms to grow on the surface of a material. Such surfaces are becoming more widely investigated for possible use in various settings including clinics, industry, and even the home. The most common and most important use of antimicrobial coatings has been in the healthcare setting for sterilization of medical devices to prevent hospital associated infections, which have accounted for almost 100,000 deaths in the United States. In addition to medical devices, linens and clothing can provide a suitable environment for many bacteria, fungi, and viruses to grow when in contact with the human body which allows for the transmission of infectious disease. According ASSO International Consulting, the global antimicrobial coatings market is expected to reach USD 5.2 billion by 2030, Increasing concern among professional industry manufactures about cleaning and to prevent buildings against the growth of bacteria, mold and fungi are expected to drive the overall market growth.
 
Figure Anti-Microbial Coatings Product

Source: ASSO International Consulting
 
Significant demand for heat & serves, readymade and take-home packaged food owing to population growth and increasing convenience of large-scale food production should drive packaging industry growth and boost antimicrobial coatings market demand. These products kill pathogenic microbes which present the risk of foodborne illnesses, improve shelf life and food quality. Growing demand for high quality products pertaining to improving standards of living and rising consumer purchasing power should further boost market growth.
 
Growing requirement for housing in China, India, Indonesia, and Vietnam should boost construction market growth and fuel product demand. The global population is estimated to surpass 10 billion individuals by 2100 thereby creating a demand of about 2 billion homes which represents healthy growth opportunities. These products are ideal for use in door handles, floors & carpets, ceiling systems, worktops, radiators and wiring accessories pertaining to their ability to prevent material degradation and spread of illnesses. Significant economic growth, job creation, and declining interest rates should further stimulate the residential construction industry and drive antimicrobial coatings market growth. Significant health & environmental impacts of silver nanoparticles used in antimicrobial coatings are likely to hinder market growth. Exposure to soluble silver compounds can result in toxic effects such as eye irritation, kidney & liver damage, and respiratory, intestinal and skin irritation in humans. These nanoparticles can disrupt soil ecology and have toxic effects on aquatic organisms such as gill inflammation. However, significant efforts by coatings manufacturers to develop biodegradable antimicrobial coatings with significantly less toxicity and high functionality which should trigger market growth.
 
North America holds the largest market share of the global antimicrobial coatings market. Because of the environmental regulations regarding VOC emission reduction, there is a change in the coating industry from high VOC adhesives to eco-friendly coatings including antimicrobial coatings.  The demand for silver antimicrobial coatings is on the rise due to high efficacy and flexibility in the composition it offers. The US Government is imposing regulations related to hospital-acquired infections. This is likely to boost the overall growth for antimicrobial coatings in the region.
 
Figure Anti-Microbial Coatings Market Share in 2022

Source: ASSO International Consulting
 
Click to view the full report TOC, figure and tables：
 
The Global Anti-Microbial Coatings Market Research Report 2022-2030 report released by ASSO Consulting Company provides a basic overview of the Anti-Microbial Coatings industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures. The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Anti-Microbial Coatings industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.
 
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