Silver Segment to Dominate Middle East & Africa Antimicrobial Coatings Market during 2020-2028

According to a new market research study on “Middle East & Africa Antimicrobial Coatings Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast – by Raw Material, Application, and Country,” is expected to reach US$ 473.42 million by 2028 from US$ 219.30 million in 2020. The market is estimated to grow at a CAGR of 10.1% from 2020 to 2028. The report provides trends prevailing in the Middle East & Africa antimicrobial coatings market along with the drivers and restraints pertaining to the market growth. Escalation in the instances of hospital-acquired infections (HAIs) and widespread usage of antimicrobial coatings in diversified application bases are the major factors driving the growth of the Middle East & Africa antimicrobial coatings market. However, harmful effects caused by antimicrobial coatings may hinder the growth of Middle East & Africa antimicrobial coatings market.

In case of COVID-19, in Middle East & Africa, especially South Africa, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of coatings manufacturing activities. Other chemical and materials manufacturing sector has subsequently impacted the demand for antimicrobial coatings during the early months of 2020. Moreover, decline in the overall manufacturing activities has led to discontinuation of antimicrobial coatings manufacturing projects, thereby reducing the demand for antimicrobial coatings. Similar trend was witnessed in other Middle East & African countries, i.e., UAE and Saudi Arabia. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.

The market for Middle East & Africa antimicrobial coatings is segmented into raw material, application, and country. Based on raw material, the market is segmented into silver, copper, titanium oxide, and others. In 2019, the silver segment held the largest share in Middle East & Africa antimicrobial coatings market. Based on application, the Middle East & Africa antimicrobial coatings is bifurcated into medical, HVAC, mold remediation, building and construction, foods and beverages, others. The mold remediation segment is expected to be the fastest growing segment over the forecast period. Furthermore, in this present scenario of COVID 19 pandemic, the Middle East & Africa antimicrobial coatings market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the Middle East & African countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for antimicrobial coatings.

Cupron, PPG Industries Inc., Akzo Nobel N.V., DuPont de Nemours, Inc., Nano-Care Deutschland AG, and Axalta Coating Systems are some of the leading companies in the Middle East & Africa antimicrobial coatings market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.

The report segments the Middle East & Africa Antimicrobial Coatings market as follows:

• Silver
• Copper
• Titanium Dioxide
• Others

• Medical
• HVAC
• Mold Remediation
• Building and Construction
• Foods and Beverages
• Others

• South Africa
• Saudi Arabia
• UAE
• Rest of Middle East & Africa