The Global Antimicrobial Coatings Market is expected to grow with a CAGR of 12.8% in the forecast period of 2022 to 2029. The years considered for the study are as mentioned below.

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The global antimicrobial coatings market is a highly consolidated market, which includes a specific number of key players and local players. The market has witnessed increased strategic developments owing to a favorable market scenario.

The major players in the global antimicrobial coatings market are introducing a strong range of product portfolios. This helped companies to maximize sales with an enhanced product portfolio.

For instance,

• In February 2021, The Sherwin-Williams Company signed a purchase agreement with global coatings company Hempel A/S to divest Wattyl, an Australian and New Zealand manufacturer and seller of architectural and protective paint coatings with annual revenue of approximately USD 200 Million and 750 employees. The divestment will help the company focus on its other businesses and raise funds.

The Sherwin-Williams Company dominates the global antimicrobial coatings market. Some of the other prominent participants operating in the global antimicrobial coatings market are Axalta Coating Systems, LLC, Akzo Nobel N.V., PPG Industries, Inc., DSM, Arxada AG, Microban International, Fiberlock, Burke Industrial Coatings, Aereus Technologies, Linetec, Katilac Coatings, Nano Care Deutschland AG, SANITIZED AG, Dow, Specialty Coating Systems Inc., DuPont, Flowcrete, GBneuhaus GmbH, Kastus Technologies Company Limited, among others.

The Sherwin-Williams Company

The Sherwin-Williams Company is headquartered in Ohio, U.S., as public ownership. It was founded in 1866. The company is engaged in the manufacturing of paints and coating products. The company has several business segments, which are The American Group, Consumer Brands Group, and Performance Coatings Group, out of which Performance Coatings Group is the market-focused business segment. The company has product categories which are products in Interior Paints & Coatings, Exterior Paints & Coatings, Painting Tools & Supplies, Wallpapers, out of which Interior Paints & Coatings is the market-focused category.

• In February 2022, The Sherwin-Williams Company agreed with the state of North Carolina, Iredell County, and the city of Statesville. The agreement was to expand architectural paint and coatings manufacturing capacity and establish a larger distribution facility in Statesville, North Carolina. Sherwin-Williams had planned an amount of USD 300 Million in the project and added more than 180 full-time jobs at the site. This will enhance the company’s production capacity.

The company has a wide global presence in North America, South America, Asia-Pacific, Europe. The company has subsidiaries which are Valspar (U.S.), Sayerlack (Italy), Ronseal (U.K.), Pinturas Condor S.A. (U.S.), Productos Quimicos Y Pinturas S.A. de C.V. (Mexico), among others.

Dow

Dow is headquartered in Michigan, U.S., as public ownership and was founded in 1897. The company focuses on providing innovative solutions for packaging, consumer solutions, polyurethanes, and industrial solutions. The company has several business segments, which are Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings, out of which Industrial Intermediates & Infrastructure and Performance Materials & Coatings are the market-focused business segments. The company offers a wide range of product categories such as Agriculture, Feed and Animal Care, Beauty and Personal Care, Building, Construction and Infrastructure, Chemical Manufacturing and Industrial, Consumer Goods and Appliances, Electronics, Films, Tapes, and Release Liners, Food and Beverage, Healthcare and Hygiene, Home Care, Industrial, and Institutional Cleaning, Mobility, Oil, Gas and Mining, Packaging, Paints, Inks and Coatings, Power, Water and Telecommunications, Pulp and Paper, Textiles, Leather and Nonwovens, out of which Paints, Inks and Coatings are the market-focused categories.

• In May 2021, Dow was named 2021 Manufacturer of the Year, Large Enterprise, by the Manufacturing Leadership Council (MLC), a National Association of Manufacturers (NAM) division. The Manufacturer of the Year Award is basically given to the company, showing best-in-class achievement. This is the third time Dow has won this award in recent years (2015 and 2017). This development helped the company to improve its brand image and attract more customers.

The company has a presence in Asia-Pacific, Europe, the Americas, the Middle East and Africa. The company has several subsidiaries, which are Dow Corning (U.S.), Rohm and Haas (U.S.), Dow Global Technologies Inc (U.S.), Mycogen Seeds (U.S.), Dow Chemical (Australia) Ltd (Australia), among others.

DSM

DSM is headquartered in Heerlen, Netherlands, as public ownership and was founded in 1902. The company is engaged in fields such as nutrition, health, and bioscience. The company has several business segments, which are nutrition, and materials, out of which nutrition is the market-focused business segment. The company has product categories which are Animal Nutrition & Health, Human Nutrition, Care & Health, Food & Beverages, and Materials, out of which Care & Health is the market-focused category.

• In February 2021, DSM organized the MD&M conference at Anaheim Convention Center in Anaheim, California. This conference is one of the largest medical design and manufacturing events organized in the world and is dedicated to providing expert insights and innovations for every stage of device development.

The company has a wide global presence across Latin America, Europe, Asia-Pacific, the Middle East and Africa. The company has subsidiaries which are Fortitech, inc.(U.S.), First Choice Ingredients, Inc. (U.S.), ERBER Group (Germany), Vitatene S.A. (Spain), Twilmij B.V. (U.K.), among others.