29 September 2021

---

Technavio: Global antimicrobial coatings market to see double-digit growth

Katherine E. Pfaff

---

Market research analysts, Technavio, suggest in their latest report, that the global market for antimicrobial coatings is to reach 12% CAGR growth in the next 4 years. The market is up by 10.50% in 2021 alone, while the forecast period of 2021 to 2025 projects continued to increase.  

The increased growth is expected based on interest in antimicrobial defenses, largely following the COVID-19 outbreak’s highlighting of infection control. The market includes packaging for food and drink products, air quality management, and medical, including dental sectors. 

While the COVID-19 pandemic led to disruptions in the materials and supply portion of the market, the overall impact is purported to be neutral in the antimicrobial coatings market as a whole, which is segmented by powder and surface modification coatings in the report. The report points to the importance of diversification for companies within the market as some segments see faster growth. 

Across the market, the value globally is expected to increase by $2.46 billion in 2025 when compared to the market’s 2020 value. At the same time, the market will continue to become more fragmented from its already large number of companies operating in the sector.  

Source: https://www.prnewswire.com/news-releases/-2-46-bn-growth-expected-in-global-antimicrobial-coatings-market-2021-2025--17-000-technavio-research-reports-301376754.html