Asia Pacific Antimicrobial Coatings Market Size, Share & Trends Analysis Report By Product (Antimicrobial Powder Coatings, Surface Modifications and Coatings), By Application (Sanitary Facilities and Kitchen, Air Conditioning and Ventilation Systems, Food Processing and Packaging, Antimicrobial Textiles, Mold Remediation, Medical Devices, Construction) and By Country(China, Korea, Japan, India, Australia, Taiwan, South East Asia, Rest of Asia-Pacific) Forecasts, 2022-2030

Market Overview

The Asia Pacific antimicrobial coatings market size is expected to reach a valuation of USD 7130 million by 2030, growing at a CAGR of 13.8% during the forecast period (2022–2030).

Antimicrobial coatings are microbe-resistant coatings containing antimicrobial agents that inhibit microbial contamination. They are widely used in the construction, food, and healthcare industries. They are used on doors, glass panels, walls, doors, HVAC tents, and counters, among other things. Antimicrobial coatings are also applied to masks, textiles, gloves, and carpeting. The growing demand for high-quality, quick-response coatings against a wide range of pathogens is expected to drive the antimicrobial coatings market. Moreover, the COVID-19 pandemic has brought to light how critical it is to take measures to avoid the spread of microbial contamination across a variety of different surfaces. As a direct consequence of this, antimicrobial coatings and the benefits that they can provide have gained extensive attention during the COVID-19 pandemic, which has had a positive impact on the market.

Market Dynamics

Market Drivers

High use of antimicrobial coatings in the medical & healthcare sector

Medical and healthcare applications generated a revenue of more than $240 million in the Asia Pacific antimicrobial coatings market in 2019. Many medical equipment manufacturing companies extensively use antimicrobial paints to protect their products from dangerous pathogens. In addition, catheter coating with antimicrobial protection is heavily used to enhance the hygiene level in healthcare facilities. Moreover, the demand for healthcare instruments that contain antimicrobial features is growing at a commendable pace, which will bolster the use of antimicrobial coatings in the region.

Antimicrobial powder coatings are gaining popularity among end users

Powder coatings are made up of copper and silver films, both of which have antimicrobial properties.

There are many surfaces that copper can effectively cover and protect from harmful pathogens. Silver can also kill several dangerous microbes, including E. coli, streptococcus mutant, mycobacterium tuberculosis, salmonella enteric, and chlamydia pneumonia.

A large number of healthcare facilities are now using these powder coatings to prevent infection because of the above-mentioned advantages. Their use in food packaging, surgical instruments and walls and construction and electrical appliances will increase their appeal to end-users as well.

Antimicrobial coatings are increasingly being used in food packaging

The size of the antimicrobial coatings market in Asia Pacific is expanding at a rapid rate. A significant portion of the regional population is increasing their consumption of packaged foods and ready-to-eat snacks. One of the primary reasons for this is the dramatic shifts that have taken place in their lifestyle. These shifts include things like an unpredictable sleep schedule, a hectic work schedule, and a high disposable income, all of which give them the freedom to splurge on processed foods.

Antimicrobial coatings are heavily used in packaging factories to protect food from contamination by various microbes, fungi, bacteria, and pathogens. These characteristics will increase the demand for antimicrobial coatings in the food packaging industry.

Market Restraints

• There are a number of factors that are working against the expansion of the antibacterial coatings market in Asia Pacific. These factors include the protracted regulatory approval process for the coatings as well as the high cost of acquiring the raw materials needed to produce the coatings.
• Increasing environmental awareness among the users is also a restraint for not enough growth in Asia pacific.

Regional Analysis

During the forecast period, the Asia-Pacific region is expected to grow rapidly. The growth in this region can primarily be attributed to several factors, including an increase in the burden of healthcare-associated infections in developing countries, an increase in the number of food recalls caused by microbial contamination, the expansion of healthcare infrastructure, and an increase in the number of transport-associated infections. Furthermore, the region is segmented on the basis of countries which include Australia, China, India, Japan, South Korea and rest of Asia Pacific.

As a result of COVID-19, coronavirus cases soared in Asia Pacific and in particular India, resulting in the shutdown of coatings manufacturing activities. In turn, this has had an effect on the demand for antimicrobial coatings during the first few months of 2020 in the other chemical and materials manufacturing sector. There has been a decrease in the demand for antimicrobial coatings due to a decrease in overall manufacturing activities. A similar pattern was observed in other Asia Pacific countries, including Japan, China, and Australia.

Segmental Analysis

Asia pacific Antimicrobial Coatings Market is segmented on the basis of Raw material and applications. In 2019, the silver segment of the antimicrobial coatings market held the largest share of the overall market in Asia Pacific based on the raw material used. 2019 saw a larger share of the Asia Pacific mould remediation market for antimicrobial coatings than in previous years. To keep homeowners and residents safe, mould remediation detects and removes large-scale mould from the home. Antimicrobial coatings are increasingly being used in healthcare settings to sterilise medical devices. But antimicrobial coatings aren't just used in the medical field. Their use has been growing in a wide range of industries, including indoor air/HVAC, building and construction, food and beverage, mould remediation, and packaging. Antimicrobial coatings are used in building and construction to protect the walls and surfaces of manufacturing facilities, factories, and stations from the spread of microbes. Furthermore, these coatings are used in residential and commercial buildings, indoor handles, flooring and roofing systems, workstations, and other places. To prevent food from becoming contaminated by pathogens, antimicrobial edible films and coatings are used in the food and beverage industry to protect the food from spoilage. These coatings are also used to wrap fish, meat, and fruit and vegetable products.

Impact of covid-19

COVID Impact: During COVID-19, supply chain interruptions hampered the trade, causing a lack of raw materials for producers and a delay in delivering finished items in the form of blind bolts to customers. As official prohibitions around the world have been lifted, demand for blind bolts has already begun to rebound to pre-pandemic levels.

Recent Developments

• April 2022, PPG has just made the announcement that it will be debuting its PPG ENVIROCRONTM P8 Series Anti-Graffiti coating at PaintExpo 2022, which will take place from April 26-29 in Karlsruhe, Germany, at the Exhibition Centre.
• On Wednesday, March 23, 2022, in Indianapolis, Indiana – SCS is pleased to announce that its Japanese subsidiary, Parylene Japan, LLC, has received an award from the Japan Aerospace Exploration Agency (JAXA).