Global Anti-Viral Coatings Market: Industry Analysis and Forecast (2020-2026)

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Global Anti-Viral Coatings Market size was valued at US$ 0.5 Bn in 2019 and the total revenue is expected to grow at 13.3% through 2020 to 2026, reaching nearly US$ XX Bn.

The global Anti-Viral Coatings market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Anti-Viral Coatings report also provides trends by market segments, technology, and investment with a competitive landscape.
Global Anti-Viral Coatings Market Overview:

Anti-viral coatings are extensively used for the purpose that containing the virus on the surface. The nanoparticles attack the virus surface and do not allow protein formation, which reduces the spread of the virus. These factors contributing to the anti-viral coatings market growth.
Global Anti-Viral Coatings Market Dynamics:

Increasing demand for protective clothing during the COVID-19 pandemic and rising application in the medical sector are key factors driving the global anti-viral coatings market growth. Rising product demand from the coating sector is further propels the market demand. The rising population coupled with changing and improving lifestyle as well as rising preference towards hygiene is expected to grow the market during the forecast period. Rising demand for HVAC applications is another key factor that fuels the market growth.

Lack of research and development activities is the major factor restrain the market growth. On the other hand, increasing investment by the government and from major players is expected to create opportunities for the global anti-viral coatings market growth during the forecast period.
Global Anti-Viral Coatings Market Segment Analysis:

By Type of Coating, the anti-viral coatings market is segmented into high-performance coatings, nano coatings, and others. The high-performance coatings segment led the market in 2019 because of its wide applications.

The Nano coatings segment is expected to grow at a rapid pace during the forecast period thanks to their proven effectiveness against viruses. Also, the ease of incorporating nanoparticles into the coatings material also a propelling factor for anti-viral coatings market growth.

Global Anti-Viral Coatings Market

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By Application, the anti-viral coatings market is segmented into protective clothing, medical, air & water treatment, packaging, building & construction, and others. The medical segment is expected to register a significant CAGR of around 13.8% during the forecast period. Also, the segment accounted for the largest share in 2019, contributing to more than one-third of the global anti-viral coatings market, thanks to extensive usage in medical products, surfaces, door handles, as well as devices that require regular cleaning and disinfection purposes.

By Form, the market is segmented into spray, powder, liquid, and others. Spray coatings are estimated to boost the market growth attributed to the rise in use and demand from commercial and residential industries.

Global Anti-Viral Coatings Market

By Type of Material, Silver and copper are used as anti-bacterial and anti-viral as they are harmful to micro-organisms. The usage of silver and copper are doesn’t show any harmful effects on human beings and hence, they are extensively utilized for several medical purposes. However, as they both abundant natural occurrences, thereby, simplicity in availability in large amounts. This factor drives the global anti-viral coatings market growth.

                          Market value of Anti-Viral Coatings worldwide in 2019 and 2027

Global Anti-Viral Coatings Market
Global Anti-Viral Coatings Market Regional Insights:

Asia Pacific is dominating the Global Anti-Viral Coatings Market

Asia Pacific is majorly affected by the COVID-19 pandemic. As of May 2021, India had more than 22.7 million COVID-19 cases and observed more than 246,000 deaths. Other economies including India, China, Bangladesh, Indonesia, and the Philippines are also majorly affected by coronavirus. With the rise in COVID-19 cases, there has an increasing focus on developing new measures in the region. Some Asian companies are developing anti-viral coatings to reduce the growth of coronavirus cases.

For instance, in April 2020, scientists at the Hong Kong University of Science and Technology proclaimed that they established an anti-viral coating called MAP-1, which is utilized on frequently used surfaces including elevator buttons and handrails.

Global Anti-Viral Coatings Market

The objective of the report is to present a comprehensive analysis of the Global Anti-Viral Coatings market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Global Anti-Viral Coatings market dynamics, structure by analyzing the market segments and project the Global Anti-Viral Coatings market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Anti-Viral Coatings market make the report investor’s guide.
Recent Development:

In March 2020, Nova Surface-Care Centre Pvt. Ltd, an India-based company, proclaimed the development of NANOVA HYGIENE+TM, an anti-microbial coating for surfaces like fabrics, plastics, metals, and concrete, which is expected to reduce the spread of coronavirus by touch.

In June 2020, NIPSEA Group, Asia's largest paints, and coatings manufacturer proclaimed that it established an anti-virus coil coating product to support China and the world's fight against infectious diseases.

In May 2020, Nanoveu, an Australia-based company, established a nano shield anti-viral coating that is used on a range of touchscreens and displays, including those used in tablets and phones.

In August 2020, Muse Nanobots, a Chennai-based company, launched nanotech coatings for textiles. These coatings are expected to inactivate the coronavirus within 5 minutes of contact, according to the study conducted by Muse Nanobots in partnership with Situ Biosciences, a Chicago-based product test laboratory.
Global Anti-Viral Coatings Market Scope: Inquire before buying

Global Anti-Viral Coatings Market
Global Anti-Viral Coatings Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Global Anti-Viral Coatings Market Key Players

• Dais Corporation
• Arkema
• Kobe Steel, Ltd.
• Hydromer
• Nippon Paints
• Nano Care Deutschland AG
• Bio-Fence
• EnvisionSQ
• GrapheneCA
• Bromoco International
• Muse Nanobots
• Kastus
• Integricote
• Nano Came Co. Ltd.
• Bio-Gate AG.
• Others

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