Global Antimicrobial Powder Coatings Market, By Product Type (Natural, Organic, Inorganic), Type (Metal, Microorganism), Application (Healthcare, Food and Beverages, Textile, Air Conditioning and Ventilation System, Paints and Coatings, Building and Construction, Others), End User (Medical and Healthcare, HVAC, Appliances, Food Equipment, General Industry, Transportation, Fitness Equipment, Steel Furniture, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Antimicrobial Powder Coatings Market
Antimicrobial powder coatings market is expected to grow at a compound annual growth rate of 5.75% for the forecast period of 2021 to 2028. Data Bridge Market Research report on antimicrobial powder coatings market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Antimicrobial powder coatings are the type of dry chemical powder which is applied to the surfaces so as to stop the growth and transmission of disease causing micro-organisms. Antimicrobial powder coatings are applied on various substrates or surfaces as a free-flowing and dry powder.
The rising awareness to increase the demand from the food and beverage industry has highly influenced growth of the antimicrobial powder coatings market. In line with this, the rapid increase in demand for HVAC systems to prevent the growth of molds and other bacteria is also acting as a key determinant favoring the growth of the antimicrobial powder coatings market over the forecast period of 2021 to 2028. Also the, rising demand for antimicrobial powder coating in several sectors, such as food, air conditioning and ventilation, paints and coatings, textile, architecture, healthcare, construction, and various other industries are also positively impacting the growth of the antimicrobial powder coatings market. The major factor accountable for the growth of the market is the high demand of these coatings due to various advantages, including appearance, high strength, increased durability, aesthetics, corrosion resistance and easy application.
However, the strict governmental regulations as well as the high cost when compared to other coating products may act as key restraint towards antimicrobial powder coatings market growth rate in the forecast period of 2021 to 2028, whereas the rising concerns regarding the toxicity of nanoparticles have the potential to challenge the growth of the antimicrobial powder coatings market in the above mentioned forecast period.
Furthermore, rapidly increasing usage in novel applications counting, wheelchairs, hospital beds, handrails lifts, trolleys, medical equipment and machines as well as growing demand for a safe and hygienic environment in hospitals will further offer a variety of growth opportunities for the antimicrobial powder coatings market in the above mentioned forecast period.
This antimicrobial powder coatings market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on antimicrobial powder coatings market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Antimicrobial Powder Coatings Market Scope and Market Size
Antimicrobial powder coatings market is segmented on the basis of product type, type, application and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the antimicrobial powder coatings market is segmented into natural, organic and inorganic.
- On the basis of type, the antimicrobial powder coatings market is segmented into metal and microorganism. Metal is further segmented into silver, copper, zinc and others. Microorganism is further segmented into escherichia coli, listeria, pseudomonas and others.
- Based on application, the antimicrobial powder coatings market is segmented into healthcare, food and beverages, textile, air conditioning and ventilation system, paints and coatings, building and construction and others.
The end user segment for antimicrobial powder coatings market is segmented into medical and healthcare, HVAC, appliances, food equipment, general industry, transportation, fitness equipment, steel furniture and others.
Antimicrobial Powder Coatings Market Country Level Analysis
Antimicrobial powder coatings market is analyzed and market size, volume information is provided by country, product type, type, application and end user as referenced above.
The countries covered in the antimicrobial powder coatings market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America leads the antimicrobial powder coatings market because of the increasing awareness regarding the safety and hygiene of food and beverage products and indoor air quality amongst consumers within this particular region. Asia-Pacific is expected to expand at a significant growth of the over the forecast of 2021 to 2028 due to increase in per capita disposable incomes along with the rising concerns for healthy, hygienic and safe environment amongst the consumers in developing countries within this particular region.
The country section of the antimicrobial powder coatings market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Antimicrobial Powder Coatings Market Share Analysis
Antimicrobial powder coatings market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to antimicrobial powder coatings market.
The major players covered in the antimicrobial powder coatings market report are The Sherwin-Williams Company, Akzo Nobel N.V., Axalta Coating Systems, LLC, Berger Paints India Limited, Pulver Kimya San. ve Tic. A.S., IGP Pulvertechnik AG, Protech Powder Coatings Inc., Rapid Engineering Co. Pvt. Ltd., PPG Industries, Inc., Dow, Lonza, AK Steel Corporation, IFS Coatings, BASF SE, DSM, Dulux, Microban International Ltd., Tulip Paints, APCL, Kastus Technologies, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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