Lucintel’s latest market report analyzed that antimicrobial coating provides attractive opportunities in building and construction, medical, food and beverages, and textile industries. The antimicrobial coating market is expected to reach $5 billion by 2025 with a CAGR of 6.2%. In this market, silver is the largest segment by biocides type, whereas building and construction is largest by end use industry. Dynamics of the industry include increasing use of layer by layer antimicrobial dip coating process and development of new technology to extract antimicrobial from natural sources provides strategic growth path in this market.
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Based on biocides type, the antimicrobial coatingmarket is segmented into silver, copper, zinc, quaternary ammonium compounds, octylisothiazolinone and others. The silver biocides segment accounted for the largest share of the market in 2020.
Browse in-depth TOC on “Antimicrobial Coating Market”
132 – Tables
157 – Figures
The antimicrobial coating market is marked by the presence of several big and small players. Some of the prominent players offering smart home include Akzo Nobel, Sherwin-Williams, PPG, Axalta and BASF, and others.
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