As per the latest research report titled ‘Europe Antimicrobial Coatings Market Forecast 2027 By Type, By Application, Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’, available with MarketStudyReport, Europe antimicrobial coatings industry is estimated to amass USD 1.6 billion by the year 2027.

The outbreak of COVID-19 pandemic has led to the rise in Europe antimicrobial coatings industry due to the widespread product usage in the healthcare sector. Advancements in production process of antimicrobial coatings are elemental for minimizing bacterial transmission among the populace amidst the pandemic.

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Moreover, the constant developments in medical equipment and utilization of antimicrobial coatings for multiple medical devices are contributing to the growth of market. The keen R&D efforts of public and private organizations to improve the biocompatibility of coatings are propelling their use across different sectors for coating various surfaces, adding to the industry share.

Based on the coating type, the industry is segmented into antimicrobial powder coatings (copper, silver, others), and surface modifications & coatings (listeria, pseudomonas, E. coli, others). 

Speaking of application scope, Europe antimicrobial coatings market is classified into indoor air quality, mold remediation, medical & healthcare, food, antimicrobial textiles, construction, and others. As per the report, usage of antimicrobial coatings in construction, food, healthcare, and other sectors will help preventing transmission and assist in sustainable recovery around the world during the pandemic, thereby impelling the industry growth.

Also, the medical & healthcare segment is estimated to garner significant growth through 2027, due to the upgraded biocompatibility and enhanced safety approaches allowing these coatings to be applied on multiple surfaces. 

Meanwhile, the food application segment is accounted for USD 105 million worth sales in 2027, due to an increased usage of antimicrobial food packaging. Consumer preference for packaged & delivered food will bolster the product demand for packaging to ensure food safety.

Speaking of the competitive landscape, RPM International Inc., Royal DSM, BASF SE, PPG Industries Inc., Nippon Paint Holdings Co. Ltd., Akzo Nobel N.V., Dow Chemical Company, Sherwin-Williams Company, Lonza Group AG, and Axalta Coating Systems Ltd. are the eminent players in Europe antimicrobial coatings industry sphere. These organizations are focusing on serving the increased demand from food, healthcare, air quality, and construction sectors by increasing their product capabilities and diversifying their product offerings.