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Venkat Reddy
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Restricting infectious diseases are fuelling demand for the Antimicrobial Coatings Market
The antimicrobial coatings market is projected to reach $4.3 billion by 2023 and is set to grow at a CAGR of 10.7% during the forecast period 2018-2023.

Antimicrobial Market, 9/19/2019 - Rapid growth in the antimicrobial coating industry is witnessed to inhibit the development of bacteria and germs on contact point surfaces. A growing need for for microbial control has led to increased utilization of antimicrobial technologies, which avoid microorganisms from multiplying, and provide hygienic surfaces in hospitals, within the food industry and also help preserve the film in paints. These coatings are generally used to protect electronic appliances, HVAC products, food processing facilities, and medical packaging by suppressing the growth of microbes.

As, absence of these antimicrobial coatings on air conditioning systems, textiles, construction applications such as corporate offices, residential building and in commercial areas are increasing the spread of adverse health effects among human beings. Furthermore, growing incidences of Hospital Acquired Infections (HAIs), increase in the geriatric population and growing awareness among end users is positively impacting the antimicrobial coatings demand. MyCroFence, developed by Croda, uses a novel surface active antimicrobial technology to create antimicrobial coatings. This innovative technology has been helpful for paint and coatings formulators to satisfy the stringent regulations brought about by new European Biocide Product legislations, along with increasing focus towards eco-friendly products which are safer for human health.

The antimicrobial coatings are commonly applied to walls, door handles, counters, and on mechanical surfaces. They are also sprayed onto gloves, masks, carpets, and textiles. These coatings are majorly used by paint manufacturers for application on primer products and as wall paint, to limit the growth of pathogens in their respective facilities. The Antimicrobial Coatings Market is projected to reach $4.3 billion by 2023 and is set to grow at a CAGR of 10.7% during the forecast period 2018-2023.

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The Major Players in this Market Include:

Major players in the antimicrobial coatings market include Akzo Nobel N.V., E. I. du Pont de Nemours and Company, BASF SE, PPG Industries, Inc., RPM International Inc., and Sherwin-Williams Company. Akzonobel is well known for its business divisions, Dow Chemicals has a well-established geographical presence, and BASF is one of the key players in the chemicals industry.

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