PUBLISHER: The Business Research Company | PRODUCT CODE: 1668645
PUBLISHER: The Business Research Company | PRODUCT CODE: 1668645
Antiviral and antimicrobial coatings pertain to materials that can be employed on surfaces to impede the transmission of viruses and bacteria. Antiviral coatings are tailored to deactivate viruses specifically, whereas antimicrobial coatings can target a broader spectrum of microorganisms, encompassing bacteria and fungi.
The primary types of antiviral and antimicrobial coatings are antimicrobial coatings and antiviral coatings. Antimicrobial coatings involve the application of a chemical substance on a surface to impede the proliferation and dissemination of bacteria and viruses. The diverse materials used include silver, organic materials, copper, aluminum, and silicon dioxide, which are available in various forms such as liquid, powder, and aerosol. These coatings find applications in healthcare, building and construction, food and beverage, packaging, automotive, protective clothing, and air and water treatment.
The antiviral & antimicrobial coatings market research report is one of a series of new reports from The Business Research Company that provides antiviral & antimicrobial coatings market statistics, including antiviral & antimicrobial coatings industry global market size, regional shares, competitors with a antiviral & antimicrobial coatings market share, detailed antiviral & antimicrobial coatings market segments, market trends and opportunities, and any further data you may need to thrive in the antiviral & antimicrobial coatings industry. The antiviral & antimicrobial coatings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The the antiviral & antimicrobial coatings market size has grown rapidly in recent years. It will grow from$4.93 billion in 2024 to $5.44 billion in 2025 at a compound annual growth rate (CAGR) of 10.4%. The growth in the historic period can be attributed to long-term durability, global pandemics, industry adoption, hospital-acquired infections (hais), consumer demand, increased hygiene awareness
The the antiviral & antimicrobial coatings market size is expected to see rapid growth in the next few years. It will grow to $8.73 billion in 2029 at a compound annual growth rate (CAGR) of 12.6%. The growth in the forecast period can be attributed to healthcare investments, pandemic preparedness, stringent hygiene standards, industry expansion, rise in infectious diseases. Major trends in the forecast period include increasing demand in healthcare, education and awareness campaigns, research and development focus, remote and touchless technology, sustainable coating solutions.
The increasing prevalence of infectious diseases is projected to drive the growth of the antiviral and antimicrobial coatings market. Infectious diseases are illnesses caused by microorganisms or parasites that invade the body, multiply, and result in infections, which can be either contagious or non-contagious. Antiviral and antimicrobial coatings have been designed to prevent the spread of infectious diseases on contaminated surfaces. These coatings often utilize peptides and nanomaterials to provide antiviral properties that combat infectious bacteria and viruses. For example, in June 2022, the National Center for Biotechnology Information, a U.S. government agency, reported that the prevalence of infectious diseases in outpatient care had nearly tripled over two decades, rising from 8 to 26 per 1,000. Thus, the growing incidence of infectious diseases is fueling the expansion of the antiviral and antimicrobial coatings market.
The growth of the food and beverage industry is anticipated to drive the expansion of the antiviral and antimicrobial coatings market in the coming years. This industry encompasses a wide range of businesses involved in various stages of the food supply chain. Foodborne infections and contamination pose significant challenges for the food and beverage sector. To address these issues, antimicrobial coatings are utilized to enhance cleanliness and safety in food packaging materials and processing equipment. For example, in October 2023, the Agriculture and Agri-Food Department of a Canadian government agency reported that exports of processed food and beverage products reached a record high of $54.3 billion in 2022, reflecting a 14.1% increase from the previous year and accounting for 34.7% of the total production value. Consequently, the growth of the food and beverage industry is driving the demand for antiviral and antimicrobial coatings.
Product innovation stands out as a significant trend gaining traction in the antiviral and antimicrobial coatings market. Major players in this market are dedicated to developing cutting-edge products to reinforce their market position and gain a competitive edge. For instance, in February 2022, Nippon Paint Co., Ltd., a Japanese paint manufacturer, introduced PROTECTON(R) Floor VK Clear and PROTECTON Interior Wall VK Coat. These water-based paint products, designed for floors and interior walls, respectively, showcase exceptional durability and incorporate anti-viral and anti-bacterial properties from copper. They achieve a reduction of viruses and bacteria on the coated surface by 99% or more while maintaining excellent durability. VK Clear even extends its application to porcelain tiles, demonstrating adhesion capabilities that are challenging to achieve under normal circumstances. Wall VK Coat retains its durability even after cleaning with other wipes.
Major companies in the antiviral and antimicrobial coatings market are strategically expanding their facilities to meet the growing demands of their customer base. The Sherwin-Williams Company, for instance, has embarked on a significant expansion of its architectural paint and coatings manufacturing capacity to cater to the increasing demand for its products. In February 2022, the company announced a $300 million investment for the expansion project, which includes the construction of an 800,000-square-foot distribution and fleet transportation center with an additional 200,000 square feet available for future expansion. Additionally, a 36,000-square-foot extension of the existing 200,000-square-foot manufacturing facility and four new rail spurs are planned. This expansion in Statesville not only showcases Sherwin-Williams' commitment to the community and customers but also reflects the strength of the public-private collaboration between the company and the state of North Carolina, Iredell County, and the city of Statesville.
In January 2022, Polygiene Group AB, a Swedish chemical company, acquired SteriTouch Ltd. in an undisclosed deal. This strategic acquisition serves to enhance Polygiene's portfolio, bringing diversity and enrichment, and positioning the company for increased market share in antimicrobial products for plastics, coatings, and paints. SteriTouch Ltd., a UK-based global provider, specializes in highly effective antimicrobial additives for plastics, paints, coatings, silicone, rubber, and textiles.
Major companies operating in the the antiviral & antimicrobial coatings market include Akzo Nobel NV, Lonza Group AG, PPG Industries Inc., Axalta Coating Systems LLC, The Sherwin-Williams Company, Nippon Paint Holdings Co. Ltd., RPM International Inc., Sciessent LLC, Sika AG, BASF SE, Jotun AS, DuPont de Nemours Inc., NanoGraphene Inc., Koninklijke DSM NV, Microband International Ltd., Cupron Inc., Novapura AG, Dortrend International Ltd., BioCote Limited, Graphene CA, Nano-Care Deutschland AG, Arkema SA, Antiviral Protection SL, TWI Technology Centre Ltd., IMBED BIOSCIENCES Inc., Nanocomposix Inc., Akita Innovations LLC, Allvivo Vascular Inc.
North America was the largest region in the antiviral and antimicrobial coatings market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global antiviral and antimicrobial coatings market report during the forecast period. The regions covered in the the antiviral & antimicrobial coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the the antiviral & antimicrobial coatings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The antiviral and antimicrobial coatings market consists of sales of surface protectants, decorative paints and lacquers. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The Antiviral & Antimicrobial Coatings Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on the antiviral & antimicrobial coatings market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for the antiviral & antimicrobial coatings ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The the antiviral & antimicrobial coatings market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.