Global Antimicrobial Nanocoatings Market by End Use Industry (Building & Construction, Automotive), by Substrate (Glass, Plastics, Metal & Alloys) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global antimicrobial nanocoatings markets were valued at USD 145.6 millions in 2019. They are expected to grow at a compound annually growth rate (CAGR), of 22.2% between 2020 and 2027. The market for antimicrobial microcoatings is expected to grow due to increased demand from key industries such as building and construction and medical and healthcare.

The demand for pharmaceutical products, disinfectants and sanitizers has increased in the context of the COVID-19 global pandemic. This is driving demand for antimicrobial microcoatings in healthcare and medical end-use. The segment is expected to grow faster than the consumer goods and building and construction segments.

The U.S., Japan and India are expected to contribute to the Asia Pacific's construction sector growth following the COVID-19 pandemic. This is due to rising consumer disposable income and increased government spending on large infrastructure projects in the region. The growing demand for residential, commercial, and institutional buildings in China, India and China is contributing to the market's growth.

The market for antimicrobial microcoatings in the United States is expected to grow moderately over the next few years. The U.S. is expected to see a high demand for healthcare products and services due to its well-developed healthcare infrastructure. Surgery demand is expected to rise due to an increasing number of accidents and an ever-increasing old age population. The country will continue to demand antimicrobial nanocoatings for its healthcare and medical end-use industries throughout the forecast period.

Substrate insights

Plastics substrate dominated the market, accounting for over 45.0% of global revenue in 2019. The flexible nature of plastics allows for extensive use in the production of food containers, soap dispensers, and breathing apparatus.

Plastic is vulnerable to mold and bacteria growth, which can have a negative impact on the product's functional life span. The production of plastics is aided by antimicrobial nanocoatings. These coatings provide resistance to various microbes and increase the durability of plastic products.

All types of metals and alloys products can use antimicrobial nanocoatings, including medical equipment, kitchen appliance, as well as automotive components. Antimicrobial nanocoatings are greatly beneficial for healthcare and medical products. It can be used above paint to provide cost-effective antimicrobial protection. When used with paints or lacquers, the Nanocoatings provide durable top-coat protection for metals, alloys, and plastics.

Industry insights for the end-use industry

The market's largest segment, the medical and healthcare industry segment, accounted for over 23.0% of global revenue in 2019. They reduce the risk of microbes like MRSA, Legionella and E.coli. Antimicrobial nanocoatings are used in hospitals, care homes and home care. They can be found in surgical rooms, drop-in centers, hospitals, and care homes. Products include floors, handles and walls, ceiling paints, case notes holder, cubicle curtains and pull cords and nurse calling system.

The medical and healthcare industries will see a rise in demand for antimicrobial coatings to manufacture sterilized products such as surgical cables, tubing and orthopedic sutures. The market for antimicrobial nanocoatings is expected to grow because of the rising demand for non-corrosive, biocompatible and sterile products in healthcare and medical industries to replace metal.

Antimicrobial nanocoatings can be used in flooring, shelving, food processing, kitchen mats and storage containers. They also make it possible to hydrate water in the food and beverages industry. The forecast period will see an increase in demand for antimicrobial coatings in the food- and beverage industries due to the changing lifestyle of consumers and the growing population.

The demand for antimicrobial nanocoatings-induced water-soluble polymers is expected to rise due to technological advances and growing consumption of alcohol in Europe, North America and Asia Pacific. Market demand for water-soluble polymers in the food and beverage end-use market is expected to rise due to their high-viscosity properties and growing concerns about cross-contamination.

Regional Insights

North America was the dominant market, accounting for more than 43.0% of global revenue in 2019. The North American building and construction industry will experience significant growth due to increased demand for non-residential projects like schools, hospitals, and colleges. The "Affordable Health Care Act" has led to the construction of hospitals and healthcare units in the United States. The increasing population will drive the demand for antimicrobial microcoatings in the building and construction industry.

Over the forecast period, the growth of the construction sector in many countries, including the U.K. and the Netherlands, Germany. Hungary, Poland. Sweden. The region's construction industry is expected to grow due to increased funding from the EU and supportive measures such as tax breaks, subsidies, and incentives. The region is also expected to see increased product demand for these end-uses through the implementation of several Public-Private Partnerships (PPP) projects. These factors will drive Europe's market for antimicrobial microcoatings over the forecast period.

The recent COVID-19 pandemic, which is highly contagious, has caused a slowdown in demand for building and construction, automotive, textile and consumer goods applications. The recent outbreak also caused a halt to manufacturing operations, restrictions on supply, transport and infrastructure slowdowns. This is expected to further impact the demand in 2020 for antimicrobial nanocoatings for these end-uses.

Market Share Insights & Key Companies

The market for antimicrobial microcoatings is competitive on the basis the quality of the products and the technology used to produce them. Major players are involved with the expansion of manufacturing facilities, infrastructural developments, investment in research and development facilities and looking for opportunities to vertically integrate throughout the value chain.

These initiatives allow them to meet the growing global demand, increase their competitive effectiveness, improve their sales and operations planning and develop innovative products and technology, reduce their production costs and expand their customer base. The following are some of the major players in the market for antimicrobial nanocoatings:

• Bio-Gate AG

• Nilima Nanotechnologies

• nano Care Deutschland AG

• NANO SONO COOPERATION LTD

• GBneuhaus GmbH

• NANOPOOL GmbH

• nanoComposix

• Cerion, LLC

• NANO4LIFE EUROPE L.P.

Up Market Research published a new report titled “Antimicrobial Nanocoatings Market research report which is segmented by End Use Industry (Building & Construction, Automotive), by Substrate (Glass, Plastics, Metal & Alloys), By Players/Companies Bio-Gate AG, NANO4LIFE EUROPE LP, Nilima Nanotechnologies, GBneuhaus GmbH, NANOPOOL GmbH, Cerion LLC, nano Care Deutschland AG, nanoComposix, NANO SONO COOPERATION LTD”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Antimicrobial Nanocoatings Market Report Segments:

The market is segmented by End Use Industry (Building & Construction, Automotive), by Substrate (Glass, Plastics, Metal & Alloys).

Antimicrobial Nanocoatings Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Antimicrobial Nanocoatings Market

Overview of the regional outlook of the Antimicrobial Nanocoatings Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Antimicrobial Nanocoatings Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Antimicrobial Nanocoatings Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Building & Construction

                2. Automotive

                1. Glass

                2. Plastics

                3. Metal & Alloys

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Antimicrobial Nanocoatings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Antimicrobial Nanocoatings Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.