Global Antimicrobial Coatings (Silver, Copper, Titanium dioxide) Market, 2020-2025: Becton, Dickinson, and Co, Rohm and Haas Company & Dow, Argenlab, Ethicon are the Top Patent Applicants
DUBLIN, March 1, 2021 /PRNewswire/ -- The "Antimicrobial Coatings Market by Type (Silver, Copper, Titanium dioxide), Application (Medical & Healthcare, Foods & Beverages, Building & Construction, HVAC system, Protective Clothing, Transportation), & Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The antimicrobial coatings market size is estimated to reach USD 5,549.6 million by 2025, at a CAGR of 10.7% between 2020 and 2025.
The major players in this market are AkzoNobel N.V. (Netherlands), DuPont de Nemours, Inc. (US), Axalta Coating Systems (US.), PPG Industries (US), Nippon Paint Holdings Co., Ltd. (Japan) and The Sherwin Williams Company (US).
Stringent regulations and growing adoption among end-users are projected to drive the antimicrobial coatings market.
The global market has witnessed growth primarily due to stringent government regulations to prevent the spread of healthcare-acquired infections (HAIs) and to ensure paramount safety & hygiene in the medical and healthcare sector. Due to the COVID-19 pandemic, the demand for antimicrobial coatings has been increasing drastically in the medical & healthcare industry. Factors such as technological advancement, new product development, and growing adoption among several industrial applications are supporting the growth of the antimicrobial coatings market.
Silver-based antimicrobial coatings are projected to witness the highest CAGR during the forecast period.
Silver-based antimicrobial coatings market is projected to witness the highest growth during the forecast period, both in terms of value and volume. The increase in this segment is attributed to its high efficacy rate, long-lasting effect, low toxicity, and suitability with the industrial application.
The medical & healthcare segment projected to lead the antimicrobial coatings market from 2020 to 2025.
The medical & healthcare segment is the largest and fastest-growing application. Stringent government regulation pertaining to the HAIs in the medical and healthcare sector supports the growth of the market. During the COVID-19 pandemic, the antimicrobial coatings have gained significant attention to prevent the spread of viruses and to safeguard the patient and Hospital staff at temporary built and existing healthcare facilities. With the growing adoption and development of the new medical devices and implants, incorporating antimicrobial coatings provides a boost for market growth.
North America projected to account for the maximum share of the global antimicrobial coatings market during the forecast period.
North America is projected to lead the global antimicrobial coatings market from 2020 to 2025. The North American antimicrobial coatings market is driven by the rising demand from the medical & healthcare sector to inhibit the growth of bacteria and microbes, causing HAIs. Due to the COVID-19 pandemic, the US is severely impacted and had the highest number of infected people.
As a preventive measure, the touch surfaces, such as beds, handles, medical devices, instruments, and protective gear, were coated with antimicrobial coatings to ensure the utmost safety of people at healthcare facilities. Also, due to the stringent regulations pertaining to the indoor air quality, the HVAC system manufacturers are incorporating antimicrobial coatings on surfaces to ensure the required air quality by inhibiting the growth of mold and bacteria.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Significant Opportunities in the Antimicrobial Coatings Market
4.2 APAC Antimicrobial Coatings Market, by Type and Country, 2019
4.3 Antimicrobial Coatings Market, by Key Countries
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Medical & Healthcare Sector Will Lead the Market Growth During and Post-Covid-19 Pandemic
5.2.1.2 Growing Demand in HVAC Systems
5.2.1.3 Increasing Demand from the Food & Beverage Industry
5.2.2 Restraints
5.2.2.1 High Cost of Products and Highly Skilled Labor Requirement
5.2.2.2 Stringent Governmental Regulations
5.2.3 Industry Trend
5.2.3.1 Highly Integrated Supply Chain
5.2.4 Opportunities
5.2.4.1 Growing USage in Novel Applications
5.2.5 Challenges
5.2.5.1 Growing Concerns About the Toxicity of Nanoparticles
5.3 Porter's Five Forces Analysis
5.4 Supply Chain
5.5 Pricing Analysis
5.6 YC and Ycc Shift
5.6.1 YC Shift
5.6.2 YCC Shift
5.7 Antimicrobial Products Ecosystem
5.8 Forecasting Factors and Covid-19 Pandemic Impact
5.9 Market Attractiveness, by Application
5.9.1 Product Selection Criteria
5.10 Antimicrobial Coatings - Patent Analysis
5.10.1 Methodology
5.10.2 Document Type
5.10.3 Insights
5.10.4 Top Applicants
- List of Patents by Becton, Dickinson, and Company
- List of Patents by Rohm and Haas Company & Dow Global Technologies LLC.
- List of Patents by Argenlab Global Ltd.
- List of Patents by Ethicon Inc.
Companies Mentioned
- Aereus Technologies Inc.
- Ak Steel Holding Corporation
- AkzoNobel N.V.
- Allied Bioscience, Inc.
- Axalta Coating Systems Ltd
- Basf Se
- Burke Industrial Coatings LLC
- Diamond Vogel Paint Company
- Dupont De Nemours, Inc.
- Fiberlock Technologies, Inc.
- Flora Coatings LLC
- H.B. Fuller Construction Products Inc.
- Hydromer Inc.
- IFS Coatings Inc.
- Koninklijke Dsm N.V.
- Lonza Group AG
- Medivators Inc.
- Nano-Care Deutschland AG
- Nippon Paint Holdings Co. Ltd.
- Ppg Industries, Inc.
- Protech-Oxyplast Group
- Rpm International Inc.
- Specialty Coating Systems Inc.
- The Sherwin-Williams Company
- Troy Corporation
For more information about this report visit https://www.researchandmarkets.com/r/361cg9
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