Antimicrobial Powder Coatings Market Report

Antimicrobial Powder Coatings Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2025

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  • Report ID: GVR2132
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Antimicrobial powder coatings is applied on numerous substrates or surfaces as a free flowing, dry powder. These are different from liquid coatings as they do not require a solvent to keep the filler parts and the binders in a liquid suspension form. These powders can be either thermoset or a thermoplast polymer-based. These products are used to coat a wide range of substrates, including aluminium extrusions, household appliances, automobile & bicycle parts and drum hardware. These coatings exhibit the ability to hinder the growth of microorganisms, including protozoans, fungi, and bacteria. Furthermore, these are highly engineered materials that are manufactured to mimic antimicrobial type of peptides, employed by the immune system to inhibit the growth of pathogens and microbial bacteria.

The global antimicrobial powder coating market can be segmented on the basis of product, application, and region. On the basis of product, the market is segmented into organic, inorganic, and natural. In terms of application, the market is segmented into healthcare, textiles, food & beverages, air conditioning & ventilation systems, building & construction, paints & coatings, and others, including furniture, electronics, and mold remediation. Inorganic products have dominated the market over the past few years and this trend is expected to continue over the forecast period on account its higher efficiency as compared to organic and natural products. The inorganic materials segment comprises products such as copper, silver, and heavy metals. Silver is the most used inorganic material on account of its biocompatibility.

These coatings are primarily employed on products that come in human contact frequently, in order to aid in protection from diseases and infections. Among the aforementioned applications, air conditioning & ventilation systems dominated the market over the past few years owing to rising consumer concerns related to air pollution and related hazards. This application segment is also expected to be the fastest-growing from 2018 to 2025. Rising use of the product in the construction industry is expected to open new market avenues for the product over the forecast period.

North America dominated the product industry on account of its rising use, particularly in the healthcare as well as food processing and preserving applications. Furthermore, growth of the antimicrobial coating industry is also dependent on consumer goods demand, including tableware, storage bins, and sanitary ware, among others. Rising disposable incomes as well as GDP growth rate are expected to propel consumer goods demand, which in turn will have a positive impact on the market over the forecast period.

The global market is moderately concentrated in terms of market players, and is characterized by high competition within the industry. Major companies focus on innovation as well as research & development in order to gain higher share in the market. Key companies operating within the industry space include Diamond Vogel Paints, PPG Industries Inc., Dow Microbial Control, Nippon Paint Co. Ltd., and AkzoNobel NV.

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