Antimicrobial Coatings Market by Product, Application, and Geography - Forecast and Analysis 2021-2025

  • Published: May 2021
  • Pages: 120
  • SKU: IRTNTR43327
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The antimicrobial coatings market has the potential to grow by USD 2.46 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 11.60%.

This antimicrobial coatings market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (powder coatings and surface modification coatings), application (indoor air quality system, mold remediation, medical, food and beverage, and textiles and others), and geography (APAC, Europe, North America, MEA, and South America). The antimicrobial coatings market report also offers information on several market vendors, including Akzo Nobel NV, Axalta Coating Systems Ltd., BASF SE, Dow Inc., Koninklijke DSM NV, Lonza Group Ltd., OC Oerlikon Corp. AG, PPG Industries Inc., RPM International Inc., and The Sherwin Williams Co. among others.

What will the Antimicrobial Coatings Market Size be in 2021?

Antimicrobial-Coatings-Market-Market-Size-2020-2025

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Antimicrobial Coatings Market: Key Drivers and Trends

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The concerns regarding nosocomial infections are notably driving the antimicrobial coatings market growth, although factors such as increasing competition among vendors may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the antimicrobial coatings industry get your FREE report sample now.

This antimicrobial coatings market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Antimicrobial Coatings Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Akzo Nobel NV
  • Axalta Coating Systems Ltd.
  • BASF SE
  • Dow Inc.
  • Koninklijke DSM NV
  • Lonza Group Ltd.
  • OC Oerlikon Corp. AG
  • PPG Industries Inc.
  • RPM International Inc.
  • The Sherwin Williams Co.

 

The antimicrobial coatings market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the antimicrobial coatings market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Antimicrobial Coatings Market?

Antimicrobial-Coatings-Market-Market-Share-by-Region-2020-2025

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48% of the market’s growth will originate from APAC during the forecast period. China, India, and Japan are the key markets for antimicrobial coatings in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

The rising awareness regarding antimicrobial coatings will facilitate the antimicrobial coatings market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Antimicrobial Coatings Market?

Antimicrobial-Coatings-Market-Market-Share-by-Product-2020-2025

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The antimicrobial coatings market share growth by the powder coatings segment will be significant during the forecast period. Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the antimicrobial coatings market size.

 

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What are the Key Factors Covered in this Antimicrobial Coatings Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive antimicrobial coatings market growth during the next five years
  • Precise estimation of the antimicrobial coatings market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the antimicrobial coatings industry across APAC, Europe, North America, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of antimicrobial coatings market vendors

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Antimicrobial Coatings Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 12%

Market growth 2021-2025

$ 2.46 billion

Market structure

Fragmented

YoY growth (%)

10.50

Regional analysis

APAC, Europe, North America, MEA, and South America

Performing market contribution

APAC at 48%

Key consumer countries

China, US, UK, India, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Akzo Nobel NV, Axalta Coating Systems Ltd., BASF SE, Dow Inc., Koninklijke DSM NV, Lonza Group Ltd., OC Oerlikon Corp. AG, PPG Industries Inc., RPM International Inc., and The Sherwin Williams Co.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five Forces Summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Powder coatings - Market size and forecast 2020-2025
    • Surface modification coatings - Market size and forecast 2020-2025
    • Market opportunity by Product

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Indoor air quality system - Market size and forecast 2020-2025
    • Mold remediation - Market size and forecast 2020-2025
    • Medical - Market size and forecast 2020-2025
    • Food and beverage - Market size and forecast 2020-2025
    • Textiles and others - Market size and forecast 2020-2025
    • Market opportunity by Application

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Akzo Nobel NV
      • Axalta Coating Systems Ltd.
      • BASF SE
      • Dow Inc.
      • Koninklijke DSM NV
      • Lonza Group Ltd.
      • OC Oerlikon Corp. AG
      • PPG Industries Inc.
      • RPM International Inc.
      • The Sherwin Williams Co.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The antimicrobial coatings market growth will increase by $682.06 million during 2019-2024.
      The antimicrobial coatings market is expected to grow at a CAGR of 11.02% during 2019-2024.
      Technavio has segmented the antimicrobial coatings market by product (Powder coatings and Surface modification coatings) and geographic (North America, Europe, APAC, South America, and MEA).
      Akzo Nobel NV, Axalta Coating Systems Ltd., BASF SE, DuPont de Nemours Inc., Koninklijke DSM NV, Lonza Group Ltd., OC Oerlikon Corp. AG, PPG Industries Inc., RPM International Inc., The Sherwin-Williams Co. are a few of the key vendors in the antimicrobial coatings market.
      North America will register the highest growth rate of 47.55% among the other regions. Therefore, the antimicrobial coatings market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the antimicrobial coatings market growth are:
      • Concerns regarding nosocomial infections
      The antimicrobial coatings market vendors should focus on grabbing business opportunities from the powder coatings segment as it accounted for the largest market share in the base year.
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