The global antimicrobial powder coatings market is expected to witness significant growth over the forecast period. 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 aluminum 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 the antimicrobial type of peptides, employed by the immune system to inhibit the growth of pathogens and microbial bacteria.
The global antimicrobial powder coatings 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 of 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. The 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 healthcare as well as food processing and preserving applications. Furthermore, the 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 rates are expected to propel consumer goods demand, which in turn will have a positive impact on the market over the forecast period.
The global antimicrobial powder coatings 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 a 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.
Avail customized purchase options to meet your exact research needs:
Get your queries resolved from an industry expert.
Design an exclusive study to serve your research needs.
A testimonial for service in the form of BBB "A" Accreditation.
Your personal and confidential information is safe and secure.
"The quality of research they have done for us has been excellent..."
The prevailing pandemic situation has led to weakened demand for paints and coatings in automotive, construction, electronics, and white goods. The path to recovery of growth for the industry is highly dependent on the duration of restrictions imposed and their influence on economic activity across the globe. Contrary to the trend prevalent in the industry in general, certain segments of the market such as antimicrobial coatings are witnessing a surge in demand in healthcare and food industries. The report will account for Covid19 as a key market contributor.