Latin America Antimicrobial Coatings Market

Latin America Antimicrobial Coatings Market Size (2023-2028):

Latin America Antimicrobial Coatings Market was worth USD 0.34 billion in 2022 and is projected to grow at a CAGR of 13.2% to reach USD 0.62 billion by 2028.

Surfaces of materials are highly prone to contamination by bacteria and other microorganisms. Antimicrobial coatings consist of antimicrobial agents that inhibit the growth of microorganisms when applied to the surface of materials. They have been extensively used in healthcare to prevent fatal hospital-acquired infections.

They are used in food and beverages to prevent food poisoning and in cosmetics to prevent product degradation. Apart from these, they can be used on surfaces that are often touched by people to prevent contamination. Antimicrobial Coatings Market is overgrowing without the realization of many of its competitors.

Rapid advances in biotechnology and material sciences, an increase in research activities on environmental microbiology, and growing adoption in the healthcare sector are the major factors driving the market growth. The rising number of hospital-acquired infections and the economic benefits by using coatings in the long term is also expected to drive the market. However, the availability of alternative antimicrobial products and lack of awareness regarding the coatings are hindering the market growth.

Regionally, due to the increase in government initiatives in several countries, healthcare expenditure in the Latin America region is increased. Hence, the antimicrobial coatings market is expected to grow significantly.

Prominent companies leading in the Latin America Antimicrobial Coatings Market profiled in the report are AkzoNobel, Nippon Paint Company, DOW Chemical Company, Damond Vogel, Sherwin Williams, BASF SE, Axalta Coating Systems, RPM International, Lonza Group, and Royal DSM.

This research report has been segmented and sub-segmented into the following categories:

Latin America Antimicrobial Coatings Market By Type:

• Copper

• Silver

• Polymer

• Others

Latin America Antimicrobial Coatings Market By Application:

• Healthcare

• Building and Construction

• Indoor Home Appliances

• Mould Remediation

• Food and Beverages

• Textiles

• Cosmetics

• Others

Latin America Antimicrobial Coatings Market By Country:

• Mexico

• Brazil

• Argentina

• Chile

• Rest of Latin America

Latin America Antimicrobial Coatings Market 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