Asia Pacific Antimicrobial Coatings Market

Asia Pacific Antimicrobial Coatings Market Size (2023-2028):

The Asia Pacific Antimicrobial Coatings Market in the Asia Pacific was worth USD 0.45 billion in 2022 and is projected to grow at a CAGR of 15% to reach USD 0.9 billion by 2028.

The APAC region is the quickest growing in the global market. Factors such as growing applications of antimicrobial coatings rising spending on healthcare and increasing health awareness among the population are the primary factors expanding the market in this region. Growing stress-related infections associated with healthcare, particularly in developing countries, enlarge healthcare groundwork further escalating the market growth in this region.

India and China are the major contributors to the APAC antimicrobial coatings market. Market growth in this region is hiking towards occupying leading shares in the global market in the coming future. Increasing demand for anti-microbial for end-user applications, the requirement to depreciate the infections, and the cost of the treatment are augmenting the market growth in the APAC region. Quick advances in biotechnology and material sciences, rising research activities on environmental microbiology, and increasing obtainment in the healthcare sector are further driving the antimicrobial coatings market growth in the region. Growing healthcare expenditure provides profitable outcomes; increasing discretionary expenses propel the market growth in this region. An increasing number of chronic diseases, a quick rise in the elderly people population, and rising awareness of hygiene and health escalate this region's growth.

This research report on the APAC antimicrobial coatings market has been segmented and sub-segmented into the following categories:

Asia Pacific Antimicrobial Coatings Market - By Type:

• Copper
• Silver
• Polymer
• Others

Asia Pacific Antimicrobial Coatings Market - By Application:

• Healthcare

• Building and Construction

• Indoor Home Appliances

• Mould Remediation

• Food and Beverages

• Textiles

• Cosmetics

• Others

Asia Pacific Antimicrobial Coatings Market - By Country:

• India

• China

• Japan

• South Korea

• Australia

• New Zealand

• Thailand

• Malaysia

• Vietnam

• Philippines

• Indonesia

• Singapore

• Rest of APAC

Regionally, Asia Pacific is expected to be the fastest-growing market due to the increasing applications in buildings and construction, growing health awareness, and increasing healthcare expenditure.

The Indian antimicrobial coatings market is predicted to grow at a promising CAGR during the forecast period due to the growing steps taken by medical universities and medical colleges for technological advancements, increasing funds and investments and rising customer dealing power and the increasing necessity for high-quality products which target in developing living standards is likely to escalate the antimicrobial coatings market growth during the analysis period.

Major Key Players:

1. AkzoNobel
2. Nippon Paint Company
3. DOW Chemical Company
4. Damond Vogel
5. Sherwin Williams
6. BASF SE
7. Axalta Coating Systems
8. RPM International
9. Lonza Group
10. Royal DSM