Hygienic Coating Market Trends and Forecast
The future of the global hygienic coating market looks promising with opportunities in the food manufacturing, brewery, pharmaceutical, and healthcare facility markets. The global hygienic coating market is expected to grow with a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are increasing focus on sanitation standards in healthcare & food industries and rising demand for antimicrobial coatings in public facilities & residential settings.
• Lucintel forecasts that water-based is expected to witness higher growth over the forecast period.
• Within this market, food manufacturing is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Hygienic Coating Market
• United States: PPG Industries has introduced a new line of hygienic coatings targeting healthcare facilities, emphasizing antimicrobial properties to meet stringent sanitation standards.
• Germany: BASF announced collaborations with hospitals to develop advanced hygienic coatings, focusing on durability and easy maintenance in healthcare environments.
• China: Nippon Paint partnered with the government to promote hygienic coatings in public spaces, supporting national hygiene improvement initiatives.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Hygienic Coating Market by Segment
The study includes a forecast for the global hygienic coating market by type, application, and region.
Hygienic Coating Market by Type [Value from 2018 to 2030]:
• Water-based
• Solvent-based
Hygienic Coating Market by Application [Value from 2018 to 2030]:
• Food Manufacturing
• Breweries
• Pharmaceutical
• Healthcare Facilities
• Others
Hygienic Coating Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Hygienic Coating Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies hygienic coating companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the hygienic coating companies profiled in this report include-
• Sika
• Teknos
• Thor
• BASF
• DuPont
• Promain
• RibbStyle
• Andrews Coatings
• AkzoNobel
• Rust-Oleum
Recent Development in the Hygienic Coating Market
• AkzoNobel: AkzoNobel has introduced advanced hygienic coatings with self-cleaning properties in Europe. These coatings reduce the need for frequent cleaning by repelling dirt and microbes, catering to high-traffic public areas and contributing to environmental sustainability.
• Sherwin-Williams: Sherwin-Williams has developed hygienic coatings with enhanced durability and chemical resistance for industrial applications globally. These coatings meet rigorous hygiene requirements in manufacturing facilities and contribute to operational efficiency and safety.
• Axalta Coating Systems: Axalta Coating Systems has innovated in hygienic coatings by introducing formulations that provide long-lasting antimicrobial protection in residential and commercial environments worldwide. This initiative addresses growing consumer demand for hygienic living spaces.
• Jotun: Jotun has expanded its portfolio of hygienic coatings with products that offer high resistance to bacteria and mold growth in marine and offshore industries. These coatings ensure hygiene compliance in critical environments where cleanliness is paramount.
Features of the Global Hygienic Coating Market
Market Size Estimates: Hygienic coating market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Hygienic coating market size by type, application, and region in terms of value ($B).
Regional Analysis: Hygienic coating market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the hygienic coating market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the hygienic coating market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for hygienic coating market?
Answer: The global hygienic coating market is expected to grow with a CAGR of 4.6% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the hygienic coating market?
Answer: The major drivers for this market are increasing focus on sanitation standards in healthcare & food industries and rising demand for antimicrobial coatings in public facilities & residential settings.
Q3. What are the major segments for hygienic coating market?
Answer: The future of the hygienic coating market looks promising with opportunities in the food manufacturing, brewery, pharmaceutical, and healthcare facility markets.
Q4. Who are the key hygienic coating market companies?
Answer: Some of the key hygienic coating companies are as follows:
• Sika
• Teknos
• Thor
• BASF
• DuPont
• Promain
• RibbStyle
• Andrews Coatings
• AkzoNobel
• Rust-Oleum
Q5. Which hygienic coating market segment will be the largest in future?
Answer: Lucintel forecasts that water-based is expected to witness higher growth over the forecast period.
Q6. In hygienic coating market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the hygienic coating market by type (water-based and solvent-based), application (food manufacturing, breweries, pharmaceutical, healthcare facilities, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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