North America Antimicrobial Coatings Market Size & Outlook
North America antimicrobial coatings market, 2018-2030 (US$M)
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North America antimicrobial coatings market highlights
- The North America antimicrobial coatings market generated a revenue of USD 5,087.4 million in 2023.
- The market is expected to grow at a CAGR of 14.8% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 5,087.4 million |
| Market revenue in 2030 | USD 13,386.4 million |
| Growth rate | 14.8% (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, North America region accounted for 44.7% 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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North America 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 51.86% in 2023. Horizon Databook has segmented the North America antimicrobial coatings market based on antimicrobial powder coatings, surface modifications and coatings covering the revenue growth of each sub-segment from 2018 to 2030.
Antimicrobial coatings have widespread usage in North America, particularly in healthcare facilities, food processing units, and packaging plants. These coatings are applied to medical equipment, countertops, food storage containers, etc. to effectively inhibit bacterial growth and prevent the spread of infections.
The stringent regulations and guidelines surrounding hygiene and safety in different industries in North America significantly drives the demand for antimicrobial coatings. Notably, the Environmental Protection Agency (EPA) in the U.S. has approved the incorporation of silver powder into antimicrobial coatings.
The market for antimicrobial coatings in North America is projected to grow significantly during the forecast period. The rising demand for minimally invasive surgeries and the increasing availability of advanced implants and medical devices, along with the presence of sophisticated healthcare infrastructure in the U.S., are expected to drive the demand for these coatings in the region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America antimicrobial coatings market , including forecasts for subscribers. This continent databook contains high-level insights into North America antimicrobial coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America antimicrobial coatings market size, by country, 2018-2030 (US$M)
North America Antimicrobial Coatings Market Outlook Share, 2023 & 2030 (US$M)
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