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Antimicrobial coatings market from antimicrobial powder coating segment was valued at over USD 2 billion in 2022. Antimicrobial powder coatings have broad-spectrum applications including construction, healthcare, and automobiles. These coatings help prevent the growth of microbes on the surfaces of finished products. Right from laboratories, childcare facilities, and schools to public transit, and fitness equipment, antimicrobial powder coatings have emerged as a key tool to ensure safety and hygiene.
Innovation and development in the field of antimicrobial coatings have introduced novel patented technologies. For instance, in April 2022, Pison Stream Solutions received a US Utility Patent from the USPTO for innovation in antimicrobial powder coating applications. Pison’s patented technology, called Misurfacute™ can effectively eliminate various pathogens.
Antimicrobial coatings market share from the indoor air quality application is projected to expand at over 8.5% between 2023-2032. Growing emphasis on maintaining optimum air quality at home can be attributed to increasing awareness among parents regarding the impact of pollution on the health of their children. Antimicrobial coatings help individuals address these concerns by preventing the growth of mold or fungus on residential walls and ceilings.
A robust surge in polyclinics for primary care is expected to propel the demand for antimicrobial coatings. According to the Ministry of Health (MOH), Singapore provides primary healthcare services such as outpatient treatment, immunization, and diagnostic services across 23 polyclinics. These facilities typically apply antimicrobial coatings to cooling coils in air conditions to prevent viruses, bacteria, and pathogens from getting into the air supply.
Asia Pacific antimicrobial coatings market is poised to reach USD 2.5 billion by 2032. Increasing construction activities focusing on the development of public infrastructure will propel the adoption of antimicrobial coatings across the region. Antimicrobial coatings are used to paint schools and daycare centers to achieve sanitary and hygiene standards and prevent bacterial infections. Over the last decade, the developing economies of APAC have reported a dynamic growth in the construction of schools across rural areas pertaining to growing emphasis on literacy rates in countries such as India.