Antimicrobial Nanocoatings Market

Antimicrobial Nanocoatings Market Size Analysis

According to a recent survey conducted by ChemView Consulting, the Global Antimicrobial Nanocoatings Market grew at a CAGR of 16.1% between 2017-2021 and is estimated to be US$ 398.5Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 22.6% and is expected to reach a valuation of US$ 3,057.3Mn by 2032 end.

Certain industrial and innovative variables, including their rapidly expanding use in the healthcare, automotive, food, beverage, and packaging sectors, are projected to impact demand for antimicrobial nanocoatings. Rising R&D expenditures and a growing corporate emphasis on sustainability are also anticipated to be positive factors for the market.

Nanotechnology-based coating methods known as antimicrobial nanocoatings are utilized to eliminate gram-positive and gram-negative bacteria. They can bind to bacterial cell membranes and disrupt bacterial metabolism to provide a pathogen-free surface.

Market Dynamic

EXPANSION OF HEALTHCARE FACILITIES IN INDIA & CHINA TO BOOST NANO COATING APPLICATIONS

Due to the continuous expansion of the industrial sector, emerging economies like China, India, and others have development potential in the antimicrobial nanocoatings market. Substantial demand for antimicrobial nanocoatings is seen in these nations due to the rapid development of the medical & healthcare, food, packaging, and building & construction industries.

Antimicrobial nanocoatings are increasingly used in the healthcare industry to sanitize hospital environments. The market for antimicrobial nanocoatings is also anticipated to be driven by rising investments made by major players in the manufacturing sectors through domestic and foreign direct investment (FDI) flows.

During the assessment period, these variables are anticipated to generate sizable business growth potential and propel the antimicrobial nanocoatings market worldwide.

RISING CONCERNS ABOUT THE ENVIRONMENT & HUMAN HEALTH MAY HINDER THE GROWTH

Antimicrobial substances, such as metal nanoparticles, can be hazardous if they enter cells and trigger lysosomes to release reactive oxygen species (ROS), which can damage DNA. As a result, the usage of antimicrobial nanocoated items is causing environmental issues and health risks.

Metallic nanoparticles, in particular nano-silver, are to blame for the toxicity of advanced molding compounds (AMCs). The environmental durability and toxicity of biocides and antimicrobial nanoparticles could pose risks to human health and the ecosystem.

Due to the diversity of antimicrobial nanocoated materials, the end product has a wide range of physical and chemical characteristics. Although organometallic antimicrobial nanocoated materials are highly effective and economical, their application has been constrained due to market and environmental concerns.

ANTIMICROBIAL COATINGS USED IN INNOVATIVE APPLICATIONS

During the COVID-19 epidemic, the need for antimicrobial coatings has considerably expanded in several industries, including electronic products, protective clothing, and consumer goods. In recent years, several companies, including Droom, ZAGG Inc., and others, have taken the initiative to apply antimicrobial coatings to their products. An IIT Madras startup started making antimicrobial-coated fabrics to protect against several diseases.

Market Segments Covered in Report

By Substrate:

• Plastics
• Ethylene Tetrafluoroethylene
• Polycarbonate
• Others
• Glass
• Soda-lime Glass
• Borosilicate
• Quartz
• Metal & Alloys
• Aluminum
• Brass
• Copper
• Steel
• Others

By Material Type:

• Nano-silver
• Nano-gold
• Metal Halides
• Organic Nanoparticles
• Nanocomposites
• Metal Nanohybrids
• Others

By End-User:

• Automotive
• Building & Construction
• Consumer Goods
• Food & Beverages
• Medical & Healthcare
• Packaging
• Textiles
• Others

By Region and Country:

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Rest of Latin America)
• Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
• Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
• Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Segment-Wise Analysis

Who is the leading end user of antimicrobial nanocoatings?

Antimicrobial substances, such as metal nanoparticles, can be hazardous if they enter cells and trigger lysosomes to release reactive oxygen species (ROS), which can damage DNA. As a result, the usage of antimicrobial nanocoated items is causing environmental issues and health risks.

Metallic nanoparticles, in particular nano-silver, are to blame for the toxicity of advanced molding compounds (AMCs). The environmental durability and toxicity of biocides and antimicrobial nanoparticles could pose risks to human health and the ecosystem.

Due to the diversity of antimicrobial nanocoated materials, the end product has a wide range of physical and chemical characteristics. Although organometallic antimicrobial nanocoated materials are highly effective and economical, their application has been constrained due to market and environmental concerns.

Which is the most preferred material type of antimicrobial nanocoatings?

The market for silver-based antimicrobial coatings is anticipated to grow most quickly during the expected timeframe. The effectiveness of these coatings against many viruses, bacteria, and other microbes is great. When silver-based antimicrobial coatings are applied to substrate surfaces, a controlled release of silver ions occurs, which prevents pathogens and bacteria from growing on the surface. The manufacturers’ efforts and technological advancements to add silver-based antimicrobial coatings to medical devices, including surgical instruments and others, boost market expansion.

Region-Wise Analysis

The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.

• With a market share of nearly 43.0%, Asia Pacific Region dominated the industry. Due to the rising demand for non-residential construction projects, including hospitals, schools, and colleges, over the forecast period, the building and construction industry in Asia Pacific is anticipated to experience significant expansion.
• In the United States of America, there will likely continue to be a high need for coatings free of microorganisms. Demand for cutting-edge healthcare goods and services is anticipated to increase in the United States due to the availability of well-developed healthcare infrastructure and insurance coverage.

Competition Analysis

Some of the leading producers in the global market for antimicrobial nanocoatings are leaning toward using different business methods, including backward and forward integration models. Businesses have improved their manufacturing capacities and prevented supply chain interruptions thanks to the growing use of various business models.

The key developments in the Global Antimicrobial Nanocoatings Market:

• In July 2022, an agreement for the coating of orthopedic implants used in human medicine was signed by Bio-Gate AG, a prominent supplier of cutting-edge health technology and one of the top makers of medical devices globally.
• In March 2022, Nanoflex L-Care is a new product from Nano Care, a pioneer in developing high-performance nanotechnology coatings. It is a fluorine-free direct spray for healthcare uniforms and bedding that destroys bacteria and starves bed bugs and high-touch upholstery. It is a wash-on treatment for leather and textiles.

A list of some of the key suppliers present in the market are:

• Bio-Gate AG
• Nilima Nanotechnologies
• Nano-Care Deutschland AG
• NANOSONO LTD.
• GBneuhaus GmbH
• nanopool GmbH
• nanopool GmbH
• NANO4LIFE EUROPE L.P.
• Vetro Sol
• Inframat Corporation
• P2i Ltd.
• Nanofilm Ltd.
• Others

Report Coverage and Highlights

• Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
• Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
• The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
• Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
• Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
• Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
• Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
• Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
• Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
• Strategic market analysis, recommendations, and future headways on crucial winning strategies.