Global Antibacterial Coatings Market 2024–2033

Reports Description

According to Custom Market Insights (CMI), The Global Antibacterial Coatings Market size was estimated at 280 Million in 2021 and is expected to reach USD 363 million in 2022 and is expected to hit around 1.8 Billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 16.45 % from 2022 to 2030.

Antibacterial coatings are a type of coatings that are primarily made up of silicone, zinc, copper, polymers, and others. It helps in the prevention of microbial growth on surfaces. In addition, these coatings increase surface durability, appearance, resistance to corrosion, and others. 

The global antibacterial coatings market is evolving, and companies are now focusing more on strengthening and consolidating R&D activities, thereby increasing the production capacity of antibacterial coatings thus, driving the market growth by catering to the need for antibacterial coatings in various end-use industries. 

Growth Factors

The growing use of antibacterial coatings in the healthcare, building, and construction sectors will aid market growth.

The growth of antibacterial coatings is driven by the rapidly growing healthcare sector; government support and investment in the healthcare sector have spurred market growth during the forecast period. In addition, healthcare workers tend to get infected by several microbes, such as Healthcare-Acquired Infections (HAIs), surgical site infections, and others. Bacterial coatings are used on surgical instruments, switches, devices, floors, walls, and many others to get rid of these infections. These factors are expected to drive the market in the upcoming years.

The growth of the antibacterial coatings market is driven by rising urbanization, an increase in disposable income, growing demand for vehicles, and well-established auto-component manufacturing plants. For instance, Ford Motor Co. uses antibacterial coating to manufacture auto-components and auto fibres. This has surged the demand for antibacterial coatings in the growing automotive industry.

Furthermore, the food packaging industry is overgrowing owing to the global population rise, the busy schedule of people, and the increase in disposable income among people. Surged ready-to-eat packaged food has enhanced the antibacterial coating where it is used in meat packages. This factor is anticipated to increase the potential sales of antibacterial coatings, thus, offering the most lucrative opportunities to the market.

Antibacterial Coatings Market Segmentation

Antibacterial coatings Market, segmented by Type

Depending upon the type, the antibacterial coatings market is segmented into silver-based, copper-based, zinc-based, polymer-based, and others.

The copper-based antibacterial coatings segment dominated the market in 2021 and grew at a CAGR of 12.4%. Copper-based antibacterial coatings are widely used in the healthcare sector where HIA infections possibly infect healthcare workers, due to which copper-based antibacterial coatings are widely used on floors, highly infected areas such as surgical units, the emergency department of the hospital, and others. This is anticipated to increase the demand for antibacterial coatings in the healthcare sector. In addition, the growing demand for kiln furnaces from the building and construction sector and the manufacturing industry has witnessed significant growth for the copper-based antibacterial coatings market during the forecast period.

Furthermore, the polymer-based antibacterial coatings segment is expected to show a significant growth rate during the forecast period. This is attributed to its wide range of applications in various industries, such as manufacturing sensors, catalysts, building materials, cosmetic products, fuel additives, etc. This is expected to create new opportunities for the growth of the market.

Antibacterial coatings Market, a segment based on the Application

Based on application, the global antibacterial coatings market is studied across the building and construction, healthcare, automotive, food service packaging, marine, aviation, and others. It is expected that the global healthcare industry segment to hold a dominant position during 2022 -2031 and account for 42% of the total market share.

According to an article published by India Brand Equity Foundation in October 2022, the healthcare market in India is expected to reach US$ 372 billion by 2022, driven by rising income, better health awareness, lifestyle diseases, and increasing access to insurance. This factor is driving the overall market growth in healthcare sectors. It is extensively applied on highly infected areas, surgical instruments, surfaces, walls, doors, switches, and others. This is projected to grow in the market in the upcoming years. 

Another segment, such as aviation, automotive, healthcare, and others, shows positive growth during the forecast period due to the growing demand for antibacterial coatings in healthcare, lubricating agents in automotive, and formulation of drugs and vaccines in the medical industry has surged the overall demand for antibacterial coatings market. 

Furthermore, the increase in population and building and construction activity has enhanced the overall demand for antibacterial coatings, which will spur the market’s overall growth. Antibacterial coatings such as zinc, copper, polymer, and others are extensively used in modified construction materials such as concrete, bricks, timber, and others. For instance, according to an article published by India Brand Equity Foundation in March 2022, Almost 52% of all construction activity is already taking place in emerging markets, reaching 63% by 2025. This is projected to enhance the demand for antibacterial coatings in the building and construction industry.

Report Scope

Regional Analysis

Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. 

Asia-Pacific is the dominant region in the antibacterial coatings market and accounts for 38.56% of the total market share. This region is also anticipated to maintain its dominance throughout the forecast period. Countries such as China, Japan, India, and others have significantly contributed to the growth of the antibacterial coatings market in the region. In addition, the demand for antibacterial coatings has surged critical factors for the growing pharmaceutical, automotive, medical sectors, and other end-use industries. 

Furthermore, the healthcare sector is one of the booming sectors in India. For instance, according to a report published by NITI Aayog in March 2021, India’s healthcare industry has been growing at a Compound Annual Growth Rate (CAGR) of around 22% since 2016. This rate is expected to reach USD 372 billion in 2022. These factors together increase the usage of antibacterial coatings, especially copper-based and polymer-based, in the growing healthcare industry.

In addition, countries such as Japan and Taiwan are constantly engaged in expanding their electrical & automation manufacturing output, where antibacterial coatings are widely employed as a protecting material in various auto component products. For instance, according to a report published by Hennessy Funds, Japan accounts for around 30% market for supplying factory automation products in the world. These factors are escalating the demand for antibacterial coatings in the Asia-Pacific region. 

North America and Europe show considerable growth during the forecast period. The U.S. and Canada account for a significant share of the cosmetics and skin care products sector. In addition, several manufacturing industries in Germany, the UK, and other countries in Europe have increased their production capacities for antibacterial coatings used in various end-use industries, including textile, cosmetics, electronics, paint, and coatings.

Key Players

• AkzoNobel N.V.
• AK Steel Corp.
• Lonza
• Diamond Vogel
• DuPont
• Axalta Coating Systems
• Nippon Paint Holdings Co. Ltd.
• PPG Industries Inc.
• RPM International Inc.
• Koninklijke DSM N.V.
• Burke Industrial Coatings
• The Sherwin-Williams Company
• Troy Corporation

Key Insights: 

• The copper-based type segment is growing at a CAGR of 12.4% during the forecast period.
• The healthcare application segment will hold a dominant position from 2022 -2031 and grow at a CAGR of 42% during the forecast period. 
• Asia-Pacific is the dominant region in the antibacterial coatings market and growing at a CAGR of 38.56%. 

Recent Developments:

In February 2022: Nippon paints launched antiviral and antibacterial coatings named PROTECTION for architectural use. This strategic product launch has enhanced Nippon’s antibacterial coatings business. 

In December 2020: a British company called International Iberian Nanotechnology Laboratory (INL) and Surrey Research Park, Guildford, launched a fast-acting antimicrobial coating that destroys coronavirus. This strategic product launch has strengthened the antibacterial coatings market. 

COVID-19 Analysis

The novel coronavirus is an incomparable global pandemic that has spread to over 180 countries and caused considerable losses to lives and the economy around the globe. 

The antibacterial coatings market has had little impact due to the wake of the COVID-19 pandemic; owing to the rise in cases of COVID-19, implementation of emergency protocols and shutdown of various operations and facilities have been observed during 2020.

Due to the spread of the coronavirus pandemic, the manufacturer has faced challenges in terms of operation and supply chain due to government restrictions during the lockdown.  

However, the antibacterial coatings market faced several difficulties with material supply chain disruptions, and labor shortages, in 2020. 

Furthermore, to control the surge of novel coronavirus cases, there is a drastic shift of investments from other sectors toward the cosmetics sector. Also, several antibacterial coatings-based product manufacturing companies have shut down or shrunk their operations due to the risk of infection among the workforce. 

This has temporarily hampered the demand and supply chain of the antibacterial coating market. In addition, the falling income of customers has led contraction in demand for glasses, refractory materials, and others during the COVID-19 period.  

In the first quarter of 2021, the market for antibacterial coatings experienced an increase in the demand for antibacterial coatings chemicals in pharmaceutical, healthcare, and other end-use industry worldwide, compared to 2020.  

Segments covered in the report

By Type

• Silver-based
• Copper-based
• Zinc-based
• Polymer-based

By End Use

• Building and Construction
• Healthcare
• Automotive
• Food packaging service
• Marine
• Aviation
• Others

On the basis of Geography

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America