Antimicrobial Coatings Market is projected to reach worth 5.29 Billion by 2023, globally.


In the year 2018, Global Antimicrobial Coatings Market was valued at USD 2.99 Billion. By the year 2023, it is expected to reach USD 5.29 Billion at pace of 12.1% CAGR.

Antimicrobial coatings are used for protecting surfaces from micro-organisms like germs, fungi, parasites, and bacteria. These coatings are mainly used in the healthcare facilities. Antimicrobial coatings are applied to door handles, walls, vents, counters, and other surfaces.  These coatings are also applied on gloves, masks, clothes and carpeting.

View sample and decide:

Underlying Causes

The growth for Antimicrobial Coatings market is driven due to factors like increasing demand of antimicrobial coatings, rising prevalence of chronic diseases across the globe, growing geriatric population, increasing adoption antimicrobial agents in healthcare sector. In addition, rising advancement of biotechnology and material sciences, increasing investments in R&D activities, and rising number of hospitals across the globe are expected to drive the growth rate for Global Antimicrobial Coatings Market. However, lack of awareness and high cost associated to antimicrobial products are expected to hinder the market growth during the forecast period.

To know more read:

Geographic Segmentation:

Based on geography the Antimicrobial Coatings market has been primarily divided into Asia Pacific, Middle East and Africa, North America and Latin America. North America holds the largest market share in the global Antimicrobial Coatings market due to increasing adoption antimicrobial coatings in healthcare sector, and rising prevalence of chronic diseases are the driving factors in this region. Asia-Pacific regions like India and China are rapidly growing due to increasing population, rising geriatric population, growing demand antimicrobial products, and improving healthcare facilities are projected to witness high growth rate for Antimicrobial Coatings market during the forecast period.

Get your customized report:

Key Players:

Leading companies for Global Antimicrobial Coatings market are Akzonobel, Nippon Paint Company, DOW Chemical Company, RPM International, Lonza Group, Royal DSM, Damond Vogel, Sherwin Williams, BASF SE, and Axalta Coating Systems.

About MarketDataForecast™

Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.

Contact Information:

Name: Mr. Abhishek Shukla
Organization: MarketDataForecast™
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626

Be the first to comment

Leave a Reply

Your email address will not be published.