Europe Antimicrobial Coatings Market

According to a recent study from market research firm Graphical Research, the Europe Antimicrobial Coatings Market size is projected to reach a valuation $1.6 billion by 2027.
The rising prevalence of chronic infectious diseases will play a vital role in increasing Europe antimicrobial coatings market share. Antimicrobial coatings are gaining momentum among end-users as they can inhibit the growth of harmful bacteria and viruses on various surfaces. They resist corrosion, offer durability, and enhance the aesthetic appearance of surfaces.

The paints find high use in industrial & commercial buildings, textiles, and outdoor & indoor air quality systems. The COVID-19 pandemic was instrumental in driving the sales of antimicrobial coatings as the demand for disinfectant products to contain the spread of the virus skyrocketed during the initial stages of the pandemic.

Antimicrobial powder coatings gain momentum among users:

Europe market size from antimicrobial powder coatings is predicted to showcase around 9.5% CAGR through 2027. Silver ions are widely used as additives in these types of paints as they can prevent the growth of disease-causing microbes and have several applications across food, construction, and healthcare sectors. Silver-based antimicrobial powder coatings are highly durable and do not corrode even when they are regularly exposed to cleaning agents and water, thereby accelerating their adoption among end-users.

High demand for antimicrobial coatings to improve indoor air quality:

Indoor air quality applications are anticipated to capture a sizeable share of Europe antimicrobial coatings market by 2027. These coatings are finding widespread uses across high-end air handling systems that monitor the indoor air quality.

Some of the examples of the above-mentioned systems include ventilation, heating, air conditioning, and fans. The antimicrobial paints offer a protective layer to prevent the growth of molds and regrowth of bacteria and viruses on the surface of walls, ceilings, and automotive parts, which will amplify their use among clients.

Food industry increases the demand for antimicrobial coatings:

The food segment generated a revenue of more than $105 million for Europe antimicrobial coatings market in 2020. One of the main reasons for this is the growing use of antimicrobial coatings in containers, utensils, and food processing units.

These coatings are applied on surfaces that come in close contact with food items and witness robust use in food packaging products. Since the European Commission has laid down strict norms to enhance the safety of food items for human consumption, the demand for antimicrobial coatings will rise across the region.

Germany antimicrobial coatings market share shows promising growth:

Germany antimicrobial coatings industry size is set to expand at a substantial rate as the country has a massive presence of distinguished healthcare companies. The organizations produce technologically advanced medical devices for their clients. The nation also has a robust healthcare system that oversees the treatment of thousands of patients every day. Moreover, the German commission has put immense stress on hospital hygiene and infection protection and has offered valuable recommendations in this regard, thereby positively impacting the production of antimicrobial coatings.
Europe antimicrobial coatings industry revenue will greatly increase in the future due to the growing incidence of chronic infectious ailments and the rising demand for paints that prevent cross-contamination. Leading antimicrobial coatings companies across the region, including PPG Industries, Nippon Paint Company, Akzonobel, Dow Chemical Company, Sherwin Williams, Axalta Coating Systems, and BASF SE, among many others, are manufacturing antimicrobial powder coatings and surface modifications & coatings. The paints will find robust applications in textiles, indoor air quality, mold remediation, medical & healthcare, construction, and food sectors.

Source: https://www.graphicalresearch.com/industry-insights/2058/europe-antimicrobial-coatings-market