What is the global market size of Antiviral And Antimicrobial Coatings Market?

Global Antiviral and Antimicrobial Coatings Market was valued at USD 3.57 billion in 2021, and it is expected to reach a value of USD 7.59 billion by 2028, at a CAGR of 10.8% over the forecast period (2022-2028). Read More

Global Antiviral And Antimicrobial Coatings Market Size, Share, Growth Analysis, By Type(Antiviral Coatings, Antimicrobial Coatings), By Material(Silver, Organic Material), By Form(Liquid (Solvent-Borne Coatings, Water-Borne Coating)), By Application(Healthcare, Building) - Industry Forecast 2024-2031

Report ID: SQMIG15E2351 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 128 | Figures: 77

Global Antiviral And Antimicrobial Coatings Market News

In July 2022, G6 Materials Corp. ("G6" or the "Company"), a high-tech company specializing in advanced materials and developing innovative composites for a variety of industrial applications, has announced the launch and immediate availability of the Breathe+ Pro Advanced Antimicrobial Graphene Air Filtration System.
In August 2022, PPG announced that two of its industry-leading antimicrobial and antiviral products, COPPER ARMORTM antimicrobial paint by PPG with Corning® Guardiant® technology and COMEX® VINIMEX® TOTAL antiviral and antibacterial paint, have received 2022 R&D® 100 Awards in the Mechanical/Materials category.

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Antiviral And Antimicrobial Coatings Market size was valued at USD 3.2 billion in 2019 and is poised to grow from USD 3.44 billion in 2023 to USD 5.53 billion by 2031, growing at a CAGR of 7.5% in the forecast period (2024-2031).

Major market competitors are conducting research and development to provide better quality colours with increased characteristics. Furthermore, the corporations are currently pushing strategic collaborations in order to boost the R&D efforts of the organisation. Businesses place a high value on expanding their service offerings in order to increase their market share and income. Companies are committed to create new products to meet the changing customer trends. 'Akzo Nobel N.V.', 'BASF SE', 'Bio-Gate AG', 'BioCote Limited', 'DuPont de Nemours, Inc.', 'Koninklijke DSM N.V.', 'Microban International Ltd.', 'Nanobiomatters Industries S.L.', 'Nippon Paint Holdings Co., Ltd.', 'PPG Industries, Inc.', 'RPM International Inc.', 'Sono-Tek Corporation', 'Sherwin-Williams Company', 'Speciality Coating Systems, Inc.', 'The Dow Chemical Company', 'The Lubrizol Corporation', 'Toto Ltd.', 'Troy Corporation', 'Weilburger Coatings GmbH', 'Zhejiang Hisun Biomaterials Co., Ltd.'

Government Concerns about Preventing New Diseases are Growing

The key driving force for the business is the rising need for antimicrobial surfaces as the number of diseases rises, as does the demand for indoor air quality goods such as HVAC. The growing number of ailments caused by microorganisms is a major source of concern in modern society. Coating producers are becoming more cognizant of the developing microbiological resistance to metal ions, antibiotics, and resistant strain proliferation. Manufacturers to explore with non-traditional coatings to create novel coatings with varied compositions, including antibacterial and antimicrobial properties, the majority of enterprises comply with the regulatory standards established by the Environmental Protection Agency (EPA) and other environmental organisations. Increased demand for such coatings as the number of diseases rises would push up the price.

Global Antiviral and Antimicrobial Coatings Market is divided into five major regions: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa (MEA).

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Global Antiviral And Antimicrobial Coatings Market News

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