The Antimicrobial Powder Coatings Global Market Report 2023, provides comprehensive information on the antimicrobial powder coatings market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global antimicrobial powder coatings market size is expected to grow from $1.56 billion in 2022 to $1.75 billion in 2023 at a compound annual growth rate (CAGR) of 12.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global antimicrobial powder coatings market is expected to grow to $2.71 billion in 2027 at a CAGR of 11.4%.
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Product innovation is the key trend that is gaining popularity in the antimicrobial powder coating market going forward. Major companies operating in the market are focused on research and development for product innovations to gain a competitive edge in the market. For instance, in May 2020, Akzo Nobel N.V, a Netherlands-based multinational company operating in paints and performance coatings for both industry and consumers applications, launched the D1000 and 2000 range of architectural powder coating with patented BioCote antimicrobial technology that can be used in building interiors to improve hygiene with increased protection against microbes such as bacteria and mold causing bad odors, staining or material degradation. Interpon D1000 and 2000 can be used in a range of interior surfaces such as metal doors, elevator doors, metal office partitions, window frames, and ceiling tiles in hospitals, clinics, locker rooms, schools, and public transportation which requires a hygienic environment.
The antimicrobial powder coatings market is segmented:
1) By Product: Natural, Organic, Inorganic
2) By Additive: Silver, Zinc, Copper, Other Additive Type
3) By End-Use Industries: Healthcare, Textiles, Electrical and Electronics, Food and Beverages, Building and Construction, Other End-User Industries
North America was the largest region in the antimicrobial powder coatings market in 2022.
The table of contents in TBRC’s antimicrobial powder coatings market report includes:
- Executive Summary
- Antimicrobial Powder Coatings Market Characteristics
- Antimicrobial Powder Coatings Market Trends And Strategies
- Antimicrobial Powder Coatings Market – Macro Economic Scenario
- Antimicrobial Powder Coatings Market Size And Growth
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- Africa Antimicrobial Powder Coatings Market
- Antimicrobial Powder Coatings Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Antimicrobial Powder Coatings Market
- Antimicrobial Powder Coatings Market Future Outlook and Potential Analysis
- Appendix
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