Inquire Before Buying - Southeast Asia Antimicrobial Coatings Market Grow at CAGR 12.35% by 2028

Southeast Asia Antimicrobial Coatings Market Research Report: Forecast (2023-2028)

By Material (Silver, Copper, Titanium, Others (Polymeric, Zinc, Organic, etc.)) By Form (Liquid, Solvent Borne Coatings, Water-Borne Coatings, Powder, Aerosol), By End Users (Build......ing and Construction, Food Processing, Consumer Goods, Healthcare, Automotive, Others (Marine, Textile, etc.)) By Country (Philippines, Singapore, Indonesia, Malaysia, Thailand, Vietnam, Rest of Southeast Asia), By Company (PPG Industries, Inc., Everbrite, Inc., Akzo Nobel N.V., Axalta Coating Systems, Specialty Coating Systems, Inc., Koninklijke DSM N.V., The Sherwin-Williams Company, Toyo Ink Co. Ltd, TOA Paint (Thailand) Public Company Limited, Teknos Group, Others) Read more

Chemicals
Jan 2023
Pages 163
Report Format: PDF, Excel, PPT

Market Definition

Antimicrobial Coating is a chemical-based substance applied on the surfaces such as doors, walls, food packaging, etc., to restrain the growth of disease-causing microbes.

Market Insights & Analysis: Southeast Asia Antimicrobial Coatings Market (2023-28)

The Southeast Asia Antimicrobial Coatings Market is projected to grow at a CAGR of around 12.35% during the forecast period, i.e., 2023-28. The factors, such as the rising application of antimicrobial coatings in the industries such as consumer goods, medical devices, etc., and growing awareness among people to minimize infection rates by using antimicrobial-based home paints, are widely supporting the market growth. Moreover, the spread of infection rates among the residents in 2020 & 2021, owing to the advent of the COVID-19 pandemic across the Southeast Asia region, necessitated the end-users to adopt these coatings to restrain the growth of microbes on regularly used surfaces.

Additionally, the necessity for antimicrobial coatings is more widespread in consumer goods industries, homecare products, etc., to provide germ-resistant surfaces on many household items such as refrigerators, dishwashers, stoves, and other appliances & fixtures. The demand for these also arises from consumer-related products such as food containers, owing to the growing customer awareness & surging apprehensions related to infections. Therefore, several antimicrobial manufacturing companies, such as Rubbermaid, Felli, etc., are increasingly manufacturing antimicrobial-coated packaging containers to store food for longer duration & block the generation of microbes on the surface of the containers. Hence, the requirement for such coatings is escalating owing to the greater adoption by food packaging companies to provide durable & sustainable food storage solutions.

Report Coverage	Details
Study Period	Historical Data: 2018-21
	Base Year: 2022
	Forecast Period: 2023-28
CAGR (2023-2028)	12.35%
Country Covered	Philippines, Singapore, Indonesia, Malaysia, Thailand, Vietnam, Rest of Southeast Asia
Key Companies Profiled	PPG Industries, Inc., Everbrite, Inc., Akzo Nobel N.V., Axalta Coating Systems, Specialty Coating Systems, Inc., Koninklijke DSM N.V., The Sherwin-Williams Company, Toyo Ink Co. Ltd, TOA Paint (Thailand) Public Company Limited, Teknos Group, Others
Unit Denominations	USD Million/Billion

Furthermore, the stringent rules mandated regarding the use of active packaging solutions by the government of the countries such as Malaysia, Indonesia, etc., have further encouraged the adoption of these coatings. For instance, in 2017, the government of Malaysia implemented the Malaysian Action Plan 2017-2021 for using antimicrobial resistance coating on surfaces & packaging to ensure a safe, hygienic environment & lower the risk of infection rates. Consequently, this would further encourage the food processing facilities & large-scale dairy production units to shift towards microbial coatings to provide more durability to the packaging of the products & restrain the growth of microbes on the surfaces of packaging, thereby driving the market of antimicrobial coatings in the forecast years.

Southeast Asia Antimicrobial Coatings Market Research Report (2023-2028) - Table of Contents

Market Segmentation
Introduction
1. Product Definition
2. Research Process
3. Assumptions
Executive Summary
Impact of COVID-19 on Southeast Asia Antimicrobial Coatings Market
Southeast Asia Antimicrobial Coatings Market Regulations & Policy
Southeast Asia Antimicrobial Coatings Market Trends & Developments
Southeast Asia Antimicrobial Coatings Market Dynamics
1. Growth Drivers
2. Challenges
Southeast Asia Antimicrobial Coatings Market Hotspots & Opportunities
Southeast Asia Antimicrobial Coatings Market Supply Chain Analysis
Southeast Asia Antimicrobial Coatings Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Material
    1. Silver
    2. Copper
    3. Titanium
    4. Others (Polymeric, Zinc, Organic, etc.)
  2. By Form
    1. Liquid
      1. Solvent Borne Coatings
      2. Water-Borne Coatings
    2. Powder
    3. Aerosol
  3. By End Users
    1. Building and Construction
    2. Food Processing
    3. Consumer Goods
    4. Healthcare
    5. Automotive
    6. Others (Marine, Textile, etc.)
  4. By Country
    1. Philippines
    2. Singapore
    3. Indonesia
    4. Malaysia
    5. Thailand
    6. Vietnam
    7. Rest of Southeast Asia
  5. By Company
    1. Competition Characteristics
    2. Revenue Shares
Philippines Antimicrobial Coatings Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Material
  2. By Form
  3. By End Users
Singapore Antimicrobial Coatings Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Material
  2. By Form
  3. By End Users
Indonesia Antimicrobial Coatings Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Material
  2. By Form
  3. By End Users
Malaysia Antimicrobial Coatings Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Material
  2. By Form
  3. By End Users
Thailand Antimicrobial Coatings Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Material
  2. By Form
  3. By End Users
Vietnam Antimicrobial Coatings Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Material
  2. By Form
  3. By End Users
Southeast Asia Antimicrobial Coatings Market Key Strategic Imperatives for Success & Growth
Competition Outlook
1. Competition Matrix
  1. Product Portfolio
  2. Target Markets
  3. Research & Development
  4. Strategic Alliances
  5. Strategic Initiatives
2. Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
  1. PPG Industries, Inc.
  2. Everbrite, Inc.
  3. Akzo Nobel N.V.
  4. Axalta Coating Systems
  5. Specialty Coating Systems, Inc.
  6. Koninklijke DSM N.V.
  7. The Sherwin-Williams Company
  8. Toyo Ink Co. Ltd
  9. TOA Paint (Thailand) Public Company Limited
  10. Teknos Group
  11. Others
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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