
Report ID: UCMIG15E2523
Report ID:
UCMIG15E2523 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
|Tables:
0
|Figures:
0
The global antimicrobial nanocoatings market exhibited a noteworthy value of USD 145.6 million in 2019, setting a robust foundation for its future expansion. Projections point towards a remarkable compound annual growth rate (CAGR) of 22.2% from 2020 to 2027. The surge in demand, emanating from pivotal end-use sectors like building and construction, medical and healthcare, and packaging, particularly in countries such as the U.S., India, and Germany, is expected to be a prime driver for the growth of antimicrobial nanocoatings. These advanced coatings offer the crucial advantage of curbing the spread of harmful microorganisms, aligning with increasing awareness about hygiene and health concerns across industries. As these sectors continue to evolve and the significance of antimicrobial solutions gains prominence, the market for antimicrobial nanocoatings is poised for substantial expansion over the forecast period.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Specialty Chemicals by segment aggregation, the contribution of the Specialty Chemicals in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
The Antimicrobial Nanocoatings Market is segmented by Substrate, End-use Industry, Regional. We are analyzing the market of these segments to identify which segment is the largest now and in the future, which segment has the highest growth rate, and the segment which offers the opportunity in the future.
Antimicrobial Nanocoatings Market is being analyzed by North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA) regions. Key countries including the U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, and South Africa among others were analyzed considering various micro and macro trends.
SkyQuest's expert analysts have conducted a risk analysis to understand the impact of external extremities on Antimicrobial Nanocoatings Market. We analyzed how geopolitical influence, natural disasters, climate change, legal scenario, economic impact, trade & economic policies, social & ethnic concerns, and demographic changes might affect Antimicrobial Nanocoatings Market's supply chain, distribution, and total revenue growth.
To understand the competitive landscape, we are analyzing key Antimicrobial Nanocoatings Market vendors in the market. To understand the competitive rivalry, we are comparing the revenue, expenses, resources, product portfolio, region coverage, market share, key initiatives, product launches, and any news related to the Antimicrobial Nanocoatings Market.
To validate our hypothesis and validate our findings on the market ecosystem, we are also conducting a detailed porter's five forces analysis. Competitive Rivalry, Supplier Power, Buyer Power, Threat of Substitution, and Threat of New Entry each force is analyzed by various parameters governing those forces.
The Antimicrobial Nanocoatings Market is being analyzed by SkyQuest's analysts with the help of 20+ scheduled Primary interviews from both the demand and supply sides. We have already invested more than 250 hours on this report and are still refining our date to provide authenticated data to your readers and clients. Exhaustive primary and secondary research is conducted to collect information on the market, peer market, and parent market.
Our cross-industry experts and revenue-impact consultants at SkyQuest enable our clients to convert market intelligence into actionable, quantifiable results through personalized engagement.
Report Attribute | Details |
---|---|
The base year for estimation | 2021 |
Historical data | 2016 – 2022 |
Forecast period | 2022 – 2028 |
Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis |
Segments covered |
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Regional scope | North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA) |
Country scope | U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, South Africa |
Key companies profiled |
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Customization scope | Free report customization (15% Free customization) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Reap the benefits of customized purchase options to fit your specific research requirements. |
Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Antimicrobial Nanocoatings Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Antimicrobial Nanocoatings Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Antimicrobial Nanocoatings Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Antimicrobial Nanocoatings Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
The market for Antimicrobial Nanocoatings was estimated to be valued at US$ XX Mn in 2021.
The Antimicrobial Nanocoatings Market is estimated to grow at a CAGR of XX% by 2028.
The Antimicrobial Nanocoatings Market is segmented on the basis of Substrate, End-use Industry, Regional.
Based on region, the Antimicrobial Nanocoatings Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
The key players operating in the Antimicrobial Nanocoatings Market are rview , The antimicrobial nanocoatings market size was valued at USD 145.6 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 22.2% from 2020 to 2027. Growing demand from key end-use industries including building and construction, medical and healthcare, and packaging, particularly in countries such as U.S., India, and Germany are expected to drive the market for antimicrobial nanocoatings over the forecast period. , Amid the COVID-19 pandemic situation, the demand for various pharmaceutical products, disinfectants, and sanitizers has increased. This, in turn, is driving the demand for antimicrobial nanocoatings in medical and healthcare end-use. However, the segment is expected to grow at a higher rate than consumer goods and building and construction end-use industry segments. , After the COVID-19 pandemic situation the U.S., Japan, India, and Indonesia are expected to be contributing to the growth of the construction sector in the Asia Pacific. This is owing to increasing consumer disposable income and rising government spending on large infrastructural projects in the region. Ascending demand for commercial, residential, and institutional buildings in China and India, on account of the growing population, is in turn, contributing to the growth of the market. , In the U.S., the market for antimicrobial nanocoatings is expected to witness moderate growth over the coming years. High demand for advanced healthcare products and services owing to the availability of well-developed healthcare infrastructure and reimbursement coverage is anticipated to drive the demand for medical and healthcare products in the U.S. Constantly rising old age population and an increase in the number of accidents is projected to propel the need for surgeries. Thus, the country is anticipated to maintain its demand for antimicrobial nanocoatings in the medical and healthcare end-use industry throughout the forecast period. , Substrate Insights , The plastics substrate segment led the market and accounted for more than 45.0% share of the revenue in 2019. This high share is attributable to extensive utilization in the production of soap dispensers, food containers, surgical products, and breathing devices owing to the adaptable nature of plastics. , Plastic is susceptible to microbial growth including bacteria and mold, which is expected to negatively impact the functional lifetime of a product. Antimicrobial nanocoatings are incorporated during the production process of plastics and offer resistance against various microbes, thus, resulting in the long-term durability of plastic products. , Antimicrobial nanocoatings find their application in all the types of metals and alloys products including medical equipment, kitchen appliances, and automotive components. Medical and healthcare products are considerably benefitted from antimicrobial nanocoatings. For instance, it provides cost-effective microbial protection solutions when applied above the layer of paints. The nanocoatings used with paints and lacquers impart durable top-coat protection when applied on metals and alloys, and plastics surfaces. , End-use Industry Insights , The medical and healthcare end-use industry segment led the market and accounted for more than 23.0% share of the revenue in 2019. Antimicrobial nanocoatings minimize the risk of microbes such as MRSA, Legionella, and E. coli, thus, they play a significant role in infection control protocols. Antimicrobial nanocoatings find application in hospitals, care homes, home care, surgical rooms, and drop-in centers, with products including floors, handles, beds, wall and ceiling paints, case note holder, cubicle curtains, pull cords, and nurse call system. , Rising demand for antimicrobial nanocoatings for manufacturing sterilized and infection preventing products like surgical cables, tubing, and orthopedic sutures is expected to drive product demand in the medical and healthcare industry. Increasing demand for biocompatible non-corrosive and sterile products in the medical and healthcare industry in order to replace metal is projected to drive the antimicrobial nanocoatings market. , Antimicrobial nanocoatings are used in flooring, shelving, and food processing, kitchen mats, storage containers, water coolers, and water hydration systems in the food and beverage industry. Growth of the food and beverage industry on account of the increasing population and changing lifestyle of consumers is expected to drive the demand for antimicrobial nanocoatings in the food and beverage industry over the forecast period. , Advancements in the production technology coupled with growing consumption of alcoholic drinks such as wine and beer in Europe, North America, and Asia Pacific are expected to further increase the demand for antimicrobial nanocoatings induced water-soluble polymers in the food and beverage industry. The rise in demand of water-soluble polymers owing to properties such as high-viscosity and rising concerns regarding cross-contamination in processing plants are expected to drive the market for antimicrobial nanocoatings in food and beverages end-use industry. , Regional Insights , North America dominated the market and accounted for over 43.0% share of revenue in 2019. North America building and construction industry is expected to witness considerable growth owing to increasing demand for non-residential construction projects such as hospitals, schools, and colleges over the forecast period. The implementation of the “Affordable Healthcare Act” in the U.S. has triggered the construction of healthcare units and hospitals. The growing population is expected to further boost the construction of office spaces, industrial plants, schools, and colleges, thereby, driving the demand for antimicrobial nanocoatings in building and construction end-use industries. , The growing construction sector in various countries including the U.K., Netherlands, Germany, Hungary, Poland, Sweden, and Ireland is expected to propel the product demand in Europe over the forecast period. Increased funding from the EU coupled with the supportive measures (such as subsidies, tax breaks, and incentives) taken by various governments is anticipated to augment the growth of the construction sector in the region. Moreover, the planning of various Public-Private Partnership (PPP) projects in the region for the construction of roads, hospitals, schools, and airports is expected to boost the product demand in the above-mentioned end-use. These factors are expected to drive the market for antimicrobial nanocoatings in Europe over the forecast period. , However, the recent outbreak of highly contagious COVID-19 pandemic is anticipated to hamper the demand majorly in building and construction, automotive, textile, and consumer goods applications. The outbreak has also resulted in the slowdown and halt in manufacturing operations, restriction on supply and transport, and infrastructure slowdown, which is further expected to impact the demand for antimicrobial nanocoatings in the aforementioned end-use in the region for the next two quarters of 2020. , Key Companies & Market Share Insights , Companies in the market for antimicrobial nanocoatings compete on the basis of product quality offered and technology used for the production of antimicrobial nanocoatings. Major players are involved in the expansion of their manufacturing facilities, infrastructural development, investing in research and development facilities, and seeking opportunities to vertically integrate across the value chain. , These initiatives help them cater to the increasing demand, ensure competitive effectiveness, enhance their sales and operations planning, develop innovative products and technologies, bring down their production costs, and expand their customer base. , KEY MARKET SEGMENTS:, By Substrate, Plastics , Glass , Metal & Alloys , By End-use Industry, Automotive , Building & Construction , Consumer Goods , Food & Beverages , Medical & Healthcare , Packaging , Textiles , Others , By Regional, North America , The U.S. , Canada , Mexico , Europe , Germany , The U.K. , France , Italy , Asia Pacific , China , India , Japan , South Korea , Central & South America , Brazil , Argentina , Middle East & Africa , Saudi Arabia , South Africa , KEY MARKET PLAYERS, Bio-Gate AG , Nilima Nanotechnologies , nano Care Deutschland AG , NANO SONO COOPERATION LTD , GBneuhaus GmbH , NANOPOOL GmbH , nanoComposix , Cerion, LLC , NANO4LIFE EUROPE L.P.".
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