Global Antiviral Coatings Market Size By Type Of Coating, By Type of Material, By Geographic Scope And Forecast

Antiviral Coatings Market Size And Forecast

Antiviral Coatings Market size was valued at USD 609.5189 Million in 2020 and is projected to reach USD 1693.473 Million by 2028, growing at a CAGR of 13.63% from 2021 to 2028.

Due to the present pandemic crisis around the world, the antiviral coatings market has been on the rise. The Global Antiviral Coatings Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Antiviral Coatings Market Definition

So, what are antiviral coatings? Basically, they're like a protective shield we put on a virus to keep it from spreading. Now, viruses are tricky little things – they need a host to survive because they can't do their own thing, metabolically speaking. The key is to cut them off from that host. If we can do that, we can protect ourselves! That's where these coatings come in. They work by attacking the virus's surface with tiny nanoparticles, stopping it from making proteins and spreading further. Think of it this wayantiviral coatings are just one type of antimicrobial coating – kind of like how a square is a rectangle, but not all rectangles are squares.

Antiviral coatings? They're not just for walls! Think about how they protect flooring and furniture, too. Basically, they help lower the amount of virus hanging around in places like gyms, nursing homes, hospitals—you name it, any public space. In construction, you'll find these coatings on everything from doorknobs to countertops, handrails, and even flooring and wall surfaces, zapping those nasty viruses. Some paint companies are even adding microbe-killing chemicals to their paint and primers. Others are getting fancy with coatings that work in different ways. Take organosilanes, for example. These silicon-based nanocoatings create a super rough surface that literally tears apart viruses and bacteria.

Meanwhile, quaternary ammonium, a chemical component commonly employed in disinfectants, induces cell permeability and microorganism death. Photocatalytic and superhydrophobic coatings, for example, both have self-cleaning properties. Welspun Flooring also announced a new anti-viral flooring line in November 2020, with silver and titanium oxide coatings providing anti-viral qualities. The virus’s growth is projected to be slowed by 99.68 percent using these coatings. Furthermore, the COVID-19 outbreak has boosted demand for anti-viral coatings in the construction industry, as there has been a significant increase in the number of cases.

Global Antiviral Coatings Market Overview

With the current global pandemic, it's no surprise the market for antiviral coatings is booming. Because of how easily the virus spreads, everyone wants these coatings! One big reason for the jump? More and more people need them for HVAC systems. We're realizing just how important surfaces are in fighting COVID, which is also pushing the antiviral coating market up. Ultimately, this increased demand to stop the virus from spreading is what's really driving the market, and the need for them in indoor air and HVAC applications is only making it grow faster.

Lately, we've seen a bigger demand for antiviral coatings. But here's the thingthe market's a bit held back because there isn't enough research and development going on. Less R&D, and not enough proof that these coatings actually work, has always made it tough for the market to really take off. On the bright side, everything that happened during the pandemic definitely made more people realize we need these coatings, which opens up some exciting business opportunities. Still, keep in mind that the ROI can be impacted by expensive raw materials and the cost of actually putting these coatings on stuff, which could slow down the market's growth.

The use of antiviral coating enables non-toxic and ecologically friendly increased anti-microbial, anti-viral, mould-reduction, and TVOC degrading processes, allowing for superior hygiene standards in all areas of work and life. As a result, a healthier living and working environment can be created, as well as holistic solutions for persons with weakened immune systems. Significant market opportunities will be created as a result of large-scale investment by large corporations and governments. There has been a spike in academic application-focused research, in addition to tremendous growth in industrial demand.

Global Antiviral Coatings MarketSegmentation Analysis

The Global Antiviral Coatings Market is segmented on the basis of Type Of Coating, Type of Material and Geography.

Antiviral Coatings Market, By Type of Coating

• High-Performance Coatings• Nanocoatings• Others

Based on Type of Coating, the market is bifurcated into High-Performance Coatings, Nanocoatings and Others. Because of its widespread application, the high-performance coatings segment dominated the market. However, due to their established efficiency against viruses, the nanocoatings market is likely to increase at a quicker rate. Furthermore, the ease with which nanoparticles can be included in coatings materials propels the anti-viral coatings industry forward.

Antiviral Coatings Market, By Type of Material

• Graphene• Silver• Copper• Silicon Dioxide• Others

Based on Type of Material, the market is bifurcated into Graphene, Silver, Copper, Silicon Dioxide and Others. Silver, followed by copper, dominated the market share depending on the type of material. Because silver and copper are harmful to microorganisms, they have been employed as antibacterial and antiviral agents for a long time. Because silver and copper have been demonstrated to have no negative effects on humans, they are commonly employed for a variety of medical purposes.

Antiviral Coatings Market, By Geography

• North America• Europe• Asia Pacific• Rest of the World

On the basis of Regional Analysis, the Global Antiviral Coatings Market is bifurcated into North America, Europe, Asia-Pacific, Middle East and Rest of the World. In 2019, North America dominated the market share. However, due to the COVID-19 outbreak, an increase in demand from all over the world is projected. Anti-viral coatings are effective in stopping the spread of virus and are expected to increase in demand in the world’s most impacted locations.

Key Players

The “Global Antiviral Coatings Market” study report will provide valuable insight with an emphasis on the global market. The major players in the Market are Arkema, Dais Corporation, Hydromer, Kobe Steel, Ltd., nano Care Deutschland AG, Nippon Paints, EnvisionSQ, Bio-Fence, Bio-Gate AG, and GrapheneCA. The competitive landscape section also includes key development strategies, Market share, and Market ranking analysis of the above-mentioned players globally.

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Reasons to Purchase this Report

We dive deep into the market, looking at it from all angles – not just the money side (economic factors), but also things like trends and preferences (non-economic factors), using segmentation to understand it all. You'll get the market value in USD Billion for every little piece (segment and sub-segment) of the pie. We'll pinpoint which region and segment we think will be the rocket ship, showing the fastest growth and becoming the biggest piece. Our geographic analysis breaks down product/service consumption, highlighting what's impacting the market region by region. We map out the competitive landscape, ranking the major players and detailing their new service/product launches, partnerships, business expansions, and acquisitions over the last five years. For key companies, you’ll find extensive profiles with overviews, insights, product benchmarking, and even SWOT analyses. We give you both the current and future outlook, considering recent developments, growth opportunities, drivers, challenges, and restraints in both emerging and developed areas. We also include an in-depth look using Porter's five forces. To further understand the market, we provide a Value Chain analysis, and highlight market dynamics alongside future growth opportunities. Finally, you get 6 months of analyst support after you buy the report!

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