Middle East & Africa Antimicrobial Coatings Market Size & Outlook
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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 |
|---|---|---|---|---|
| Troy Minerals Inc Ordinary Shares | View profile | - | c/o 750 West Pender Street, Suite 1200, Vancouver, BC, Canada, V6C 2T8 | https://www.troyminerals.com |
| Nippon Paint Holdings Co Ltd | View profile | 42423 | 2-1-2 Oyodo Kita, Kita-ku, Osaka, Japan, 531-8511 | http://www.nipponpaint-holdings.com |
| Axalta Coating Systems Ltd | View profile | 12000 | 50 Applied Bank Boulevard, Suite 300, Glen Mills, PA, United States, 19342 | https://www.axalta.com |
| RPM International Inc | View profile | 17274 | 2628 Pearl Road, P.O. Box 777, Medina, OH, United States, 44256 | https://www.rpminc.com |
| Sherwin-Williams Co | View profile | 64088 | 101 West Prospect Avenue, Cleveland, OH, United States, 44115-1075 | https://www.sherwin-williams.com |
| PPG Industries Inc | View profile | 53000 | One PPG Place, Pittsburgh, PA, United States, 15272 | https://www.ppg.com |
| Akzo Nobel NV | View profile | 35500 | Christian Neefestraat 2, Amsterdam, NH, Netherlands, 1077 WW | https://www.akzonobel.com |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
| Lonza Group Ltd | View profile | 18000 | Muenchensteinerstrasse 38, Basel, Switzerland, CH-4002 | https://www.lonza.com |
| Koninklijke DSM NV | View profile | 20682 | Het Overloon 1, P.O. Box 6500, Heerlen, LI, Netherlands, 6411 TE | https://www.dsm.com |
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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Our clientele includes a mix of antimicrobial coatings market companies, investment firms, advisory firms & academic institutions.
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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 Outlook Share, 2023 & 2030 (US$M)
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