Ghaziabad Online

Top Market Leader – Antimicrobial Coatings Market

 Breaking News
  • No posts were found

Top Market Leader – Antimicrobial Coatings Market

May 31
20:11 2022
Top Market Leader - Antimicrobial Coatings Market
Browse 203 market data Tables and 44 Figures spread through 204 Pages and in-depth TOC on “Antimicrobial Coatings Market “
Antimicrobial Coatings Market by Type (Silver, Copper, Titanium Dioxide), Application (Medical & Healthcare, Food & Beverage, Building & Construction, HVAC System, Protective Clothing, Transportation), & Region

The global antimicrobial coatings market size is projected to grow from USD 3.9 billion in 2021 to USD 6.4 billion by 2026, at a CAGR of 10.5% during the forecast year. The growth of this market is attributed to growing adoption in the medical and healthcare sectors to prevent the spread of healthcare-acquired infections (HAIs) and ensure the safety of patients and hospital staff.

The antimicrobial coatings market is dominated by large players, such as AkzoNobel (Netherlands), The Sherwin-Williams Company (US), Axalta Coating Systems (US), PPG Industries (US), Nippon Paint Holdings (Japan), and DuPont de Nemours (US). These players have adopted various growth strategies, such as expansions, new product developments, and acquisitions, and agreements, to enhance their market footprint and improve their product portfolios.  

To know about the assumptions considered for the study download the pdf brochure

Due to the COVID-19 pandemic, AkzoNobel has started aggressive marketing and sales of antimicrobial coating products and targeted its products as major revenue contributors for the second and later quarters in 2020. In May 2020, the company relaunched Interpon D1000 and 2000 architectural powder coatings, with additional microbial properties with the same purpose. This product finds application in hospitals, clinics, residential & commercial buildings, schools, and public transport, among other areas.

Due to the COVID-19 pandemic, there has been a spike in demand for protective gear products, such as PPE kits, face masks, sanitizers, and coatings, among others. Since January 2020, several new manufacturers have ventured into the antimicrobial coatings market to cater to the rising demand from the healthcare & medical, commercial, and industrial sectors. In December 2020, Nippe Home Products Co., Ltd. started sale of ‘Protection Interior Wall VK-200 for DIY,’ which is an anti-viral and anti-bacterial water-based paint for indoor use.

Several start-ups have emerged recently and are offering services related to the antimicrobial coatings. These companies are emphasizing on the aggressive marketing strategy to reduce the lead time to customers. In March 2020, GrapheneCA (Nano Graphene Inc.) launched antimicrobial coating products. Also, in April 2020, the company launched products on the online portal to optimize customer reach and reduce the lead time to customers.

Other companies have initiated the following developments:

  • In November 2020, PPG Industries’ JOHNSTONE’S brand launched an antibacterialmatt paint for wall application in homes.
  • In May 2020, PPG Industries launched a quick-ship program for PPG SILVERSAN antibacterial powder coating, which is formulated specially with silver ionic technology.
  • In June 2018, Nippon Paint Holdings launched a new product, Antivirus Kids Paint, for the niche segment, i.e., interior wall paint for kids’ rooms.
  • In January 2020, ZAGG, Inc. (US) had a partnership with the antimicrobial coatings provider Kastus Technologies (Ireland) to develop antimicrobial screen protection for tablets, smartphones, and other electronic devices, which find applications at malls and public places, among others.

Request for Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=1297

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/antimicrobial-coatings-market-1297.html