Global Antimicrobial Coating Market

The global Antimicrobial Coating Market is predicted to witness a surge of 13.1% over the forecast period, i.e., 2021-2028. This is because of their increasing application to prevent surfaces from microbes, including germs and bacteria.

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Antimicrobial Coating Market Dynamics

The increasing prominence of antimicrobial coating in the medical, healthcare, and food packaging industry has stimulated the growth of the global antimicrobial coating market. The stringent norms to impede foodborne contagious diseases have raised the demand for organic and pesticide-free food items. Antimicrobial packaging is a subcategory of active packaging in on-the-go food producers. Moreover, following the World Health Organisation, toxic food results in 600 million cases of foodborne diseases with 4,20,000 deaths. Nearly 30% of foodborne deaths occur under five years of age, which can offer various opportunities to the market players. The intensified initiatives by the government to impede the transmission of "Healthcare-Associated Infections" across healthcare facilities have elevated the market growth. Healthcare-associated infections stand to be the major reason for deaths. As per the U.S Department of Health and Human Services, almost 1 out of 25 patients experience health-related infections. However, the excessive cost of antimicrobial coating over conventional coating products due to the high raw materials prices will restrain the market growth.

Material Segment Drivers

Based on the material, the silver segment is projected to seize the largest share over the forecast period. The robust demand for the silver-based material as a disinfectant because of their features such as harmlessness, uninterrupted performance for a longer time span, and more thermal strength will compel the market growth. Furthermore, factors such as certifying safety and cleanliness at the workplaces to evade the spread of the coronavirus and other microorganisms on normally touched surfaces will propel the market growth. In accordance with the National Centre for Biotechnology Information, silver nanotechnology gained massive attention for uncommon antimicrobial agents.  

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