Competitive Landscape:
Players taking keen interest in the Global Antimicrobial Powder Coating Industry are Diamond Vogel (U.S.), Akzo Nobel N.V.(Netherlands), BASF SE (Germany), PPG Industries, Inc. (U.S.), Axalta Coating Systems (U.S.), RPM International Inc. (U.S.), Koninklijke DSM N.V. (Netherlands), The Sherwin-Williams Company (U.S.), The Dow Chemical Company (U.S.), Sono-Tek Corporation (U.S), and others. MRFR profiled these companies to track their latest developments and make a note of the direction in which the global market is moving.
Recently, researchers at Nanopack, an EU-funded project, revealed that they have developed a plant-based essential oils as antibacterial coating to develop an antimicrobial packaging.
Segmentation:
The market study of the Antimicrobial Powder Coating has a better scope for easier understanding with segments on diverse scale. These segments, as MRFR directs in the report, are on the basis of Type and Application.
By Type, the market for Antimicrobial Powder Coating has been segmented into microorganisms (Listeria, Pseudomonas, Escherichia Coli, and others), metal (silver, copper). The silver segment is showing potentials of growing at an unprecedented rate and probability of achieving a huge revenue.
By Applications, the market for Antimicrobial Powder Coating can be segmented into food & beverages, healthcare, building & construction, paints & coatings, textile, air conditioning & ventilation system, and others. The healthcare segment has high chance of growth in the coming years.
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Regional Analysis:
The Market for Antimicrobial Powder Coating in the Americas can be marked as the highest profit-maker. The regional market can be segmented into North and South America, of which the North part has the better growth possibilities. In the North, it is the US that would drive growth for the region. The regional market would gain much from its high inclusion in the air conditioning system. In the Europe, the market for Antimicrobial Powder Coating has significant scope for growth, especially in the healthcare sector. The region has superlative infrastructure for the healthcare industry and it would provide an easy access to the market. The market would percolate easily with in countries like the U.K., France, Germany, and Italy owing to their better infrastructural setup. This growth is also getting traction from growing health awareness and industries that can drive the demand for paint & coating industry. In the food & beverage sector, this growth would be notable. In the Asia Pacific region, growth for the market for Antimicrobial Powder Coating would be huge owing to the growing industrial setups as global players have seen the regional potential and governments showing interest in taking the growth further.
Overview:
Powder Coating can be defined as a free-flowing, dry powder applied on the surface of any substrate. This Powder Coating has an advantage over the liquid coatings as they show no demand for solvents. The powder can be thermoplastic or thermoset polymer in nature. Its application as coating of metals, such as drum hardware, aluminum extrusions, household appliances, automobile, and bicycle parts. The Antimicrobial Powder Coating Market Type has the potential to prevent growth of microorganisms like bacteria, fungi, or protozoans. The component for such powders come from the immune systems of living things that can kill bacteria and various other pathogens. The global market for Antimicrobial Powder Coating would gain better traction from the healthcare sector and air conditioning system and can register robust growth between 2016 and 2023. The time frame, as per Market Research Future (MRFR) can be considered as the forecast period.
In the healthcare sector, growing demand for prevention of contamination in various tools to provide safety and security to patients. Protection for medical instruments is gaining significant boost and with growing investment in the hospitals, this can even find further traction. In the construction industry, this growth would be substantial due to the rise in demand for cements with Antimicrobial Powder Coating.
However, the efficacy of this Antimicrobial Powder Coating may go down with time, which can be a substantial market deterrent.
COVID-19 Study in Detail:
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NOTE: Our teams of researchers are studying COVID-19 and its impact on various industry verticals and wherever required we will be considering COVID-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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