About Antiviral Coatings-
Antiviral coatings are acknowledged to be a subset of antimicrobial coatings. Some of these antimicrobial coatings possess the functionality to kill viruses, microorganism and different microorganisms like fungi and mold, whereas others do now not spoil viruses. Antiviral coating may want to provide ninety days of safety towards viruses and bacteria, which includes SARS-CoV-2, when it is sprayed onto often touched surfaces. It can be summarized that antiviral coating with the energetic ingredient stays on the floor after utility and it is in a position to neutralize the virus alongside with different microorganisms such as bacteria, fungi and molds. The presence of lively ingredient distinguishes the antiviral coatings as a dwelling polymer coating from the different extra conventional coatings recognised to the frequent people.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 12.5% |
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Antiviral Coatings- market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Arkema (France), Dais Corporation (United States), Hydromer (United States), Kobe Steel, Ltd., (Japan), Nano Care Deutschland AG (Germany), Nippon Paints (Japan), EnvisionSQ (Canada), BASF SE (Germany), Jotun Group (Norway) and DuPont De Nemours Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Bio-Gate AG (Germany), GrapheneCA (United States) and AkzoNobel (Netherlands).
Segmentation Overview
AMA Research has segmented the market of Global Antiviral Coatings- market by , Application (Protective Clothing, Medical, Packaging, Building & Construction and Others) and Region.
On the basis of geography, the market of Antiviral Coatings- has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2021. If we see Market by Form, the sub-segment i.e. Spray will boost the Antiviral Coatings- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Graphene will boost the Antiviral Coatings- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In 2021, AkzoNobel recently announced the launch of its new Dulux Wash & Wear Anti-Viral paint. The new range adds to Dulux's existing interior washable paint portfolio as an improved variation of the Wash & Wear range that comes with the proprietary KidProof+ Technology, and an added layer of anti-viral protection from the Silver Ion Technology™., and In 2020, Welspun Flooring launched a new range of anti-viral floorings, in which silver and titanium oxide coatings are used to give anti-viral properties. These coatings are expected to hamper the virus growth by around 99.68%.
Market Drivers
- Rising Incidence of Healthcare-associated Infections
- Government Initiatives & Funding for the Development of Antimicrobial activity Coatings
Opportunities
- Increasing focus on Developing Materials for Antimicrobial Coating specific to Aeronautics
Restraints
- High Cost of Raw Materials
- High Cost of applying Antiviral Coatings
Challenges
- Rising Concerns about the Toxicity of Nanoparticles
Key Target Audience
Manufacturers of Antiviral Coatings, Suppliers and Distributors of Antiviral Coatings, Raw Material Suppliers, Venture Capitalists and Private Equity Firms, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.