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Breathable antimicrobial coatings are amongst simplest tools that prevent the growth of microbes such as fungi, bacteria and others on the applied surfaces. These coatings are being adopted in various end-use industries where low cost and effective prevention of germs and other microbes is expected. Breathable antimicrobial coatings are considered to be boon for healthcare and pharmaceutical industry where quality of product and health of the workers cannot be compromised. These coatings are sprayed on various personal protective equipment such as gloves, masks, clothes and other essential textiles to prohibit the propagation of diseases.
With rise in number of diseases in recent years, health well-being and prevention of diseases has become of uttermost importance in consumers worldwide. This has increased the adoption and consumption of breathable antimicrobial coatings all over the world as these coatings act as first line of defence in disease prevention by prohibiting the formation and accumulation of microbes on the applied surfaces.
Key Market Driver -
Increasing number of fungi & bacteria prone diseases are raising health concerns & awareness amongst consumers, which is driving the market for breathable antimicrobial coatings.
Key Market Restraint -
Strong presence of alternate antimicrobial and antibacterial technologies confine the market expansion.
However, there are number of equally or more effective technologies in the market that restrict the market growth. Various membrane technologies are given preferences over these breathable anti-microbial coatings in variety of industrial applications due to their effective and prolong service life. This impacts the market growth.
Based on application, the market for breathable antimicrobial coatings is further segmented into mold remediation, textile, food industry, healthcare & pharmaceutical and others.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The global breathable antimicrobial coatings market is fairly fragmented, with number of key players operating in the global & regional markets. Some of the key players in the breathable antimicrobial coatings market includes, Stahl Holdings B.V., Covalon Technologies Ltd., NIKRO Industries, Inc., Pharmaplast, H.B. Fuller Construction Products Inc., E. I. du Pont de Nemours and Company, Novapura AG, SANITIZED AG, Paradigm Labs, Inc., and others.
The breathable antimicrobial coatings market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America and Europe dominate the global market in terms of consumption and revenue on the back of high consumer awareness and strong presence of manufacturers and distributors in the region. Both the regions are anticipated to witness moderate growth over the forecast period as these are relatively mature markets. However, Central & Eastern European countries are expected to witness slight high growths as compared to western europe as health system is significantly improving in these countries. Asia-Pacific is high growth market and the market is expected to gain significant momentum in cousumption of breathable antimicrobial coatings over the mid and long term forecast.
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Currently, developed countries such as Japan and South Korea account for major share in the region as mask culture and consumer health awareness is high in these countries. However, emerging economies such as China and India are anticipated to rapidly expand and dominate the demand in the region in the upcoming years. Middle East & Africa and Latin America are small markets for breathable antimicrobial coatings market. Political and economic instability is a major growth hindrance in these regions. However, with improvement in these macro factors the region is expected to witness growth in market over the long-term forecast.
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