Breathable Antimicrobial Coatings Market Size, Share & Trends Analysis Report By Application (Indoor Air Quality, Mold Remediation, Textiles), By Region, And Segment Forecasts, 2024 - 2030

Market Size & Trends

The global breathable antimicrobial coatings market size was estimated at USD 557.9 million in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 13.6% from 2024 to 2030.The growing rate of nosocomial infections, rising awareness for better healthcare practices, and increasing prevalence of chronic diseases are anticipated to drive the demand for breathable antimicrobial coatings over the forecast period. The rising geriatric population and ongoing technological advancements (such as developments in nanotechnology) are expected to further augment the market growth shortly. The product restricts unwanted microorganisms from growing, which is expected to propel its utilization in homes, schools, hospitals, industrial, and commercial applications. In addition, the breathability of the coating allows it to dry fast and provides high resistance to water.

Breathable antimicrobial coatings are highly applied in indoor air quality control and mold remediation. These are used on the walls and ceilings of residential and commercial buildings to prevent fungicidal growth and protect the surface from mold regrowth. Growing consumer awareness regarding healthcare and hygiene is expected to have a positive impact on the demand over the forecast period.

The demand for breathable antimicrobial coatings is expected to augment over the forecast period, owing to rising consumer willingness to pay and their increasing exposure toward new healthcare trends through social media and e-commerce. In addition, the increasing prevalence of chronic diseases is also expected to play a key role in the product’s rising demand in hospitals, food industries, and pharmaceutical packaging.

Application Insights

The indoor air quality segment accounted for the largest revenue share of 27.40% in 2023. Over the past few years, there has been increasing focus on the improvement of air quality to reduce the risk of health problems associated with indoor pollutants. Human health is highly dependent on the building environment. Tight building envelopes and improper ventilation lead to sick building syndrome, in which the patient experiences headaches and respiratory ailments. These factors are likely to elevate the demand for the product over the forecast period.

The mold remediation segment, estimated to have a 14.3% CAGR in the forecast period, is also a significant application for breathable antimicrobial coatings due to the rising use of these coatings in hospital bed trays, surgical trays, medical device packaging, IV stands, medical monitoring equipment, medical carts, wall coverings, countertops, and surfaces. These coatings not only prevent bacterial growth but also act as a barrier against other microbes present in the air. They prevent the device from degradation and enhance its life, which is expected to propel the demand over the forecast period.

Furthermore, from 2020 to 2030, the construction segment is expected to emerge as a prominent market for breathable antimicrobial coatings on account of the increasing demand for bacteria and moisture prevention in residential and commercial buildings. These coatings increase the shelf life of the paint and require low maintenance, which is expected to augment the demand over the next eight years.

Regional Insights

North America dominated the global breathable antimicrobial coatings market and accounted for the largest revenue share 41.36% in 2023. Technological advancement, coupled with the presence of numerous market players, is expected to propel the demand over the forecast period. Additionally, rapid growth in healthcare spending and consumers’ increasing willingness to pay are likely to propel growth.

The Asia Pacific region has accounted for a significant chunk of consumption for breathable antimicrobial coatings. This is due to its rising population coupled with increasing prevalence of hospital-associated infection is expected to fuel growth. Moreover, changing manufacturing trends are expected to propel the utilization of the product in the pharmaceutical packaging and food industries over the next eight years. China and India are the key for this product in the region.

Europe is expected to emerge as another major market with rigorous regulations governing indoor air quality to ensure the health and well-being of its population. Breathable antimicrobial coatings are used in the region to inhibit the growth of harmful microorganisms. These coatings find application in diverse settings, from residential buildings and healthcare facilities to commercial spaces and educational institutions.

Key Companies & Market Share Insights

The market is characterized by the presence of a limited number of market players occupying the majority share. The companies have been involved in R&D in order to develop new products. Moreover, coating manufacturers work in partnership with major antimicrobial technology providers and suppliers to impart antimicrobial properties in their coating products that are then utilized for application in varied industries.

Recent Developments

• In August 2023, SANITIZED AG and Bodo Moller Chemie GmbH expanded their cooperative agreement under which Bodo Moller Chemie GmbH will act as the distributor of SANITIZED AG products in Austria, Germany, Sweden, Finland, Norway, Iceland, and Denmark.

Breathable Antimicrobial Coatings Market Report Scope

Global Breathable Antimicrobial Coatings Market Report Segmentation

This report forecasts volume and revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global breathable antimicrobial coatings market report based on application and region:

• Application Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

  • Indoor Air Quality

  • Mold Remediation

  • Textiles

  • Medical & Pharmaceutical

  • Construction

  • Food

  • Others

• Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

  • Asia Pacific

    • China

    • Japan

    • India

    • South Korea

  • Central & South America

    • Argentina

    • Brazil

  • Middle East & Africa

    • South Africa

    • Saudi Arabia