Global Antimicrobial Paint Market Size By Type (Anti-Microbial Powder Coatings, Surface Modifications And Coatings), By Application (Indoor Air Quality, Mold Remediation, Medical/Healthcare Market, Antimicrobial Textiles Market, Construction Industry, Food Industry), By Geographic Scope And Forecast
Report ID: 14425|No. of Pages: 202
Global Antimicrobial Paint Market Size By Type (Anti-Microbial Powder Coatings, Surface Modifications And Coatings), By Application (Indoor Air Quality, Mold Remediation, Medical/Healthcare Market, Antimicrobial Textiles Market, Construction Industry, Food Industry), By Geographic Scope And Forecast
Antimicrobial Paint Market Size And Forecast
Antimicrobial Paint Market size was valued at USD 5.53 Billion in 2023 and is projected to reach USD 14.09 Billion by 2031 growing at a CAGR of 12.40% from 2024 to 2031.
- Antimicrobial paint contains active chemicals that prevent the growth of microorganisms such as bacteria, mold, and fungi. These paints are commonly used in healthcare facilities, schools, and public spaces to preserve hygiene and limit the risk of infection by providing microbial-resistant surfaces.
- Antimicrobial paint is mostly used in hospitals to preserve sterile conditions. It is also used in kitchens and bathrooms, which are susceptible to dampness and microbial growth. Furthermore, the paint is effective in high-traffic areas, increasing overall cleanliness and surface life.
- Antimicrobial paint is predicted to become more common in residential applications, particularly in damp locations. Formulation changes may improve effectiveness against emerging diseases. Furthermore, there is an enhanced awareness of hygiene in public spaces will likely drive demand, promoting advancements in sustainable and eco-friendly antimicrobial technologies.
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Global Antimicrobial Paint Market Dynamics
The key market dynamics that are shaping the global Antimicrobial Paint Market include:
Key Market Drivers:
- Increasing Healthcare-Associated Infections (HAIs): The growing worry about HAIs in healthcare facilities is a major driving force for antimicrobial paint usage. According to the Centers for Disease Control and Prevention (CDC), approximately one in every 31 hospital patients contracts a healthcare-associated infection on a daily basis. Antimicrobial coatings can aid to prevent infection spread.
- Growing Concerns about Indoor Air Quality: An increasing focus on indoor air quality, particularly in residential and commercial structures, is boosting demand for antimicrobial paints. According to the United States Environmental Protection Agency (EPA), Americans spend around 90% of their time indoors, which frequently exposes them to greater pollutant concentrations and necessitates the usage of antimicrobial remedies.
- Expansion of the Construction Industry: The expansion of the worldwide building industry is driving up demand for antimicrobial paints, particularly in developing countries. According to Oxford Economics, construction output is expected to grow by 85% to USD 15.5 Trillion worldwide by 2030. This presents significant opportunities for antimicrobial paints in new buildings emphasizing hygiene and safety.
Key Challenges:
- High Production Prices: The formulation of antimicrobial paints frequently requires expensive raw materials and complex technology, which raises production prices. This may make these paints less affordable to budget-conscious customers and contractors, thus reducing market penetration and acceptance in cost-sensitive industries.
- Regulatory Hurdles: Antimicrobial paints are subject to stringent restrictions and standards enforced by health and safety agencies. Compliance with these requirements can be complex and time-consuming, posing challenges for manufacturers in terms of product development, marketing, and distribution, thereby slowing market growth.
- Limited Consumer Awareness: Many people are unaware of the advantages of antimicrobial paints over traditional choices. This lack of understanding might impede market demand because consumers may emphasize cost or cosmetic reasons over the hygiene benefits given by antimicrobial coatings, limiting their adoption in various settings.
Key Trends:
- Technological Advancements in Formulations: Advances in paint technology are increasing the efficacy of antibacterial compounds. New formulations are being developed to give longer-lasting protection against a wider range of bacteria, hence boosting performance in a variety of applications, including healthcare and residential settings.
- Rising Regulatory Standards: Stricter rules and standards governing indoor air quality and cleanliness are driving up demand for antimicrobial paint. Regulatory organizations are increasingly emphasizing the need of adopting microbial-reducing paints, especially in high-risk locations like hospitals, schools, and food processing plants.
- Growing Market for Residential Applications: Antimicrobial paints are gaining popularity in the residential market as homeowners become more conscious of the health risks associated with indoor settings. This trend is driving up adoption in kitchens, bathrooms, and children’s rooms, promoting cleaner and safer living spaces.
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Global Antimicrobial Paint Market Regional Analysis
Here is a more detailed regional analysis of the global Antimicrobial Paint Market:
North America:
- According to Verified Market Research, North America is expected to dominate the global Antimicrobial Paint Market.
- The North American region has seen a large increase in cattle population and a shift toward intensive animal production, increasing need for liquid feed supplements. According to the USDA’s National Agricultural Statistics Service, the inventory of cattle and calves in the United States reached 89.3 million head on January 1, 2023. This enormous animal population demands good nutrition management, which fuels the liquid feed supplement market.
- Furthermore, there is an increasing emphasis on animal health and production, leading in increasing adoption of liquid feed additives. According to the American Feed business Association, the US animal feed and pet food business will produce approximately 284 million tons of feed in 2021, with a significant percentage going to nutritional supplements. This trend demonstrates the industry’s dedication to improving animal performance and health through innovative nutrition solutions.
Asia Pacific:
- According to Verified Market Research, Asia Pacific is fastest growing region in global Antimicrobial Paint Market.
- The Asia Pacific area is seeing significant urbanization and infrastructural development, resulting in increasing demand for antimicrobial paints in construction and restoration projects. According to the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), the region’s urban population is expected to grow from 2.3 billion in 2019 to 3.5 billion in 2050. This expansion generates a sizable market for antimicrobial paints in residential, commercial, and institutional settings, guaranteeing that cleanliness standards are met.
- Higher expenditures in healthcare infrastructure are pushing up demand for antimicrobial paints in hospitals and medical facilities. The Asian Development Bank emphasizes that emerging countries in the region must invest USD 71 Billion annually in healthcare infrastructure from 2016 to 2030 to accommodate the expanding population needs. This investment trend will likely accelerate the adoption of antimicrobial paints, fostering safer healthcare environments.
Global Antimicrobial Paint Market: Segmentation Analysis
The Global Antimicrobial Paint Market is segmented on the basis of Type, Application, and Geography.
Antimicrobial Paint Market, By Type
- Anti-Microbial Powder Coatings
- Silver
- Copper
- Surface Modifications and Coatings
- Coli
- Listeria
- Pseudomonas
Based on Type, The market is segmented into Anti-Microbial Powder Coatings and Surface Modifications and Coatings. Anti-microbial powder coatings dominate the global Antimicrobial Paint Market, with silver-based coatings being the most popular due to their broad-spectrum antimicrobial capabilities, long-term benefits and extensive use in a variety of applications.
Antimicrobial Paint Market, By Application
- Indoor Air Quality
- Mold Remediation
- Medical/Healthcare Market
- Antimicrobial Textiles Market
- Construction Industry
- Food Industry
Based on Application, The market is segmented into Indoor Air Quality, Mold Remediation, Medical/Healthcare Market, Antimicrobial Textiles Market, Construction Industry, and Food Industry. The Medical/Healthcare Market dominates the global Antimicrobial Paint Market because of strict hygiene requirements, broad use in hospitals and clinics and the crucial necessity to prevent infections in healthcare settings.
Key Players
The “Global Antimicrobial Paint Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are 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.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis.
Global Antimicrobial Paint Market Recent Developments
- In February 2024, Nippon Paint Co., Ltd. introduced PROTECTON® Floor VK Clear and PROTECTON® Interior Wall VK Coat, two new anti-viral and anti-bacterial water-based paints.
- In January 2022, BASF collaborated with Indian membrane producer Permionics Membranes to expand the use of its Ultrason® E into coated fabrics that work as both a particulate and bacterial filter for face mask.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2020-2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Period | 2020-2022 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | 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 |
| Segments Covered |
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| Customization Scope | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Verified Market Research:
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Customization of the Report
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Frequently Asked Questions
1 INTRODUCTION OF GLOBAL ANTIMICROBIAL PAINT MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL ANTIMICROBIAL PAINT MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL ANTIMICROBIAL PAINT MARKET, BY TYPE
5.1 Overview
5.2 Anti-Microbial Powder Coatings
5.2.1 Silver
5.2.2 Copper
5.3 Surface Modifications and Coatings
5.3.1 E. Coli
5.3.2 Listeria
5.4 Pseudomonas
6 GLOBAL ANTIMICROBIAL PAINT MARKET, BY APPLICATION
6.1 Overview
6.2 Indoor Air Quality
6.3 Mold Remediation
6.4 Medical/Healthcare Market
6.5 Antimicrobial Textiles Market
6.6 Construction Industry
6.7 Food Industry
7 GLOBAL ANTIMICROBIAL PAINT MARKET, BY GEOGRAPHY
7.1 Overview
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 U.K.
7.3.3 France
7.3.4 Rest of Europe
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest of Asia Pacific
7.5 Rest of the World
7.5.1 Middle East and Africa
7.5.2 South America
8 GLOBAL ANTIMICROBIAL PAINT MARKET COMPETITIVE LANDSCAPE
8.1 Overview
8.2 Company Market Ranking
8.3 Key Development Strategies
9 COMPANY PROFILES
9.1 AkzoNobel N.V.
9.1.1 Overview
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments
9.2 AK Steel Corp.
9.2.1 Overview
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments
9.3 Lonza
9.3.1 Overview
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments
9.4 Diamond Vogel
9.4.1 Overview
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments
9.5 DuPont
9.5.1 Overview
9.5.2 Financial Performance
9.5.3 Product Outlook
9.5.4 Key Developments
9.6 Axalta Coating Systems
9.6.1 Overview
9.6.2 Financial Performance
9.6.3 Product Outlook
9.6.4 Key Developments
9.7 Nippon Paint Holdings Co., Ltd.
9.7.1 Overview
9.7.2 Financial Performance
9.7.3 Product Outlook
9.7.4 Key Developments
9.8 PPG Industries, Inc.
9.8.1 Overview
9.8.2 Financial Performance
9.8.3 Product Outlook
9.8.4 Key Developments
9.9 RPM International, Inc.
9.9.1 Overview
9.9.2 Financial Performance
9.9.3 Product Outlook
9.9.4 Key Developments
9.10 Koninklijke DSM N.V.
9.10.1 Overview
9.10.2 Financial Performance
9.10.3 Product Outlook
9.10.4 Key Developments
10 APPENDIX
10.1 Related Research
Report Research Methodology
Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.
This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.
We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:
Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.
Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
|---|---|---|
| Supplier side |
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| Demand side |
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Econometrics and data visualization model
Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
All the research models are customized to the prerequisites shared by the global clients.
The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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