Middle East & Africa Antimicrobial Coatings Market Size & Outlook
Middle East & Africa antimicrobial coatings market, 2018-2030 (US$M)
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MEA antimicrobial coatings market highlights
- The MEA antimicrobial coatings market generated a revenue of USD 307.2 million in 2023.
- The market is expected to grow at a CAGR of 8.7% from 2024 to 2030.
- In terms of segment, surface modifications and coatings was the largest revenue generating product in 2023.
- Antimicrobial Powder Coatings is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 307.2 million |
| Market revenue in 2030 | USD 551.2 million |
| Growth rate | 8.7% (CAGR from 2023 to 2030) |
| Largest segment | Surface modifications and coatings |
| Fastest growing segment | Antimicrobial Powder Coatings |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Antimicrobial Powder Coatings, Surface modifications and coatings |
| Key market players worldwide | Akzo Nobel NV, Lonza Group Ltd, DuPont de Nemours Inc, Axalta Coating Systems Ltd, Nippon Paint Holdings Co Ltd, PPG Industries Inc, RPM International Inc, Koninklijke DSM NV, Sherwin-Williams Co, Troy Minerals Inc Ordinary Shares |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.7% of the global antimicrobial coatings market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 13,386.4 million by 2030.
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Antimicrobial Coatings Market Scope
Antimicrobial Coatings Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa antimicrobial coatings market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to antimicrobial coatings market will help companies and investors design strategic landscapes.
Surface modifications and coatings was the largest segment with a revenue share of 53.94% in 2023. Horizon Databook has segmented the Middle East & Africa antimicrobial coatings market based on antimicrobial powder coatings, surface modifications and coatings covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for antimicrobial coatings in the Middle East & Africa is expected to be driven by the rising application of these coatings in medical devices over the forecast period. The increasing population and rising incidences of lifestyle-related disorders, coupled with ambitious healthcare infrastructure development targets in the region, are expected to fuel the demand for medical devices in the Middle East & Africa over the forecast period.
The region is characterized by unequal access to healthcare facilities and a shortage of healthcare professionals. This results in a limited demand for medical equipment leading to stunted growth of the market for antimicrobial coatings applied to them over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa antimicrobial coatings market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa antimicrobial coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa antimicrobial coatings market
Middle East & Africa Antimicrobial Coatings Market Outlook Share, 2023 & 2030 (US$M)
Middle East & Africa antimicrobial coatings market
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