The global breathable antimicrobial coatings market size was valued at USD 217.5 million in 2015. Growing rate of nosocomial infections, rising awareness for better healthcare practices, and increasing prevalence of chronic diseases are anticipated to drive the demand for breathable antimicrobial coatings over the forecast period.
Rising geriatric population and ongoing technological advancements such as the growth of nanotechnology are expected to further augment the market growth in the near future. The product does not allow growth of unwanted microorganisms, which is expected to propel its utilization in homes, schools, hospitals, industrial, and commercial applications. In addition, the breathability of the coating allows it to dry fast and provides high resistance to water.
U.S. breathable antimicrobial coatings market, by application, 2014-2025 (USD Million)
Breathable antimicrobial coatings are highly used for application in indoor air quality control and mold remediation. These are used on the walls & ceilings of the residential and commercial building in order to prevent fungicidal growth and protect the surface from mold re-growth. Growing consumer awareness regarding healthcare and hygiene is expected to have a positive impact on the demand over the forecast period.
消费者愿意支付上升和增加exposure of consumers towards new healthcare trends through social media and e-commerce is expected to augment the demand for breathable antimicrobial coatings over the forecast period. In addition, increasing prevalence of chronic diseases is also expected to play a key role in rising demand for the product in hospitals, food industries, and pharmaceutical packaging
Indoor air quality control is the largest application accounting for over 27%, in terms of volume, in 2015. Over the past few years, there has been increasing focus towards the improvement of the air quality in order to reduce the risk of health problems associated with indoor pollutants. Human health is highly dependent on the building environment.
Tight building envelopes and improper ventilation leads to sick building syndrome, in which the patient experiences headaches and respiratory ailments. These factors are likely to augment the demand for the product over the forecast period.
Global breathable antimicrobial coatings market revenue, by application, 2015 (%)
The mold remediation application is likely to grow at a CAGR of over 10% from 2016 to 2025 on account of rising use of these coatings in hospital bed trays, surgical trays, medical device packaging, IV stands, medical monitoring equipment, medical carts, wall coverings, countertops, and surfaces.
These coatings not only prevent bacterial growth but also act as a barrier against other microbes present in the air. They prevent degradation of the device, thereby enhancing its life, which is expected to propel the demand over the forecast period.
Construction application is expected to grow at a considerable rate over the forecast period on account of increasing demand for bacteria and moisture prevention of residential & commercial buildings. These coatings increase the shelf life of the paint and require low maintenance which is expected to augment the demand over the next nine years.
North America is the largest market accounting for about 43% of the global volume share in 2015. Technological advancement coupled with the presence of numerous market players is expected to propel the demand over the forecast period. In addition, rapid growth in the healthcare spending coupled with increasing consumers’ willingness to pay is likely to propel growth.
Asia Pacific is expected to witness a CAGR of over 10% from 2016 to 2025. Rising population coupled with increasing prevalence of hospital-associated infection is expected to fuel growth. In addition, changing manufacturing trends is expected to propel utilization of the product inpharmaceutical packagingand food industries over the next nine years. China and India are the key markets for the product in the region.
Key industry participants include Dupont, Paradigm Labs, H.B. Fuller Construction Products, Inc., Fast Mold Removal, and JFB Hart Coatings. The breathable antimicrobial coatings market is characterized by the presence of a limited number of market players occupying the majority share. The companies have been involved in R&D in order to develop new products.
In addition, coating manufacturers work in partnership with major antimicrobial technology providers including Microban in order to impart the antimicrobial properties in their coating products. These are then utilized for application in various industries. For instance, JFB Hart Coatings work in partnership with Microban which provides antimicrobial properties to its breathable urethane and epoxy coatings.
Attribute |
Details |
Base year for estimation |
2015 |
Actual estimates/Historical data |
2014 - 2015 |
Forecast period |
2016 - 2025 |
Market representation |
Revenue in USD Million, volume in tons, and CAGR from 2016 to 2025 |
Regional scope |
North America, Europe, Asia Pacific, Latin America & MEA |
Country scope |
U.S., Germany, China, Brazil |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors and trends |
15% free customization scope (equivalent to 5 analyst working days) |
If you need specific market information, which is not currently within the scope of the report, we will provide it to you as a part of customization |
This report forecasts revenue and volume growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the breathable antimicrobial coatings market on the basis of application and region:
Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
Indoor Air Quality
Mold Remediation
Textiles
Medical & Pharmaceuticals
Construction
Food
Others
Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
North America
U.S.
Europe
Germany
Asia Pacific
China
Latin America
Brazil
Middle East & Africa
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