According to the new market research report "Antimicrobial Coatings Industry by Type (Silver, Copper, Titanium Dioxide), Application (Medical Healthcare, Food Beverage, Building Construction, HVAC System, Protective Clothing, Transportation), Region – Global Forecast To 2025", published by MarketsandMarkets™, the global Antimicrobial Coatings Market size is projected to grow from USD 3.3 billion in 2020 to USD 5.6 billion by 2025, at a CAGR of 10.7% between 2020 and 2025. The growth is attributed to the growing adoption of antimicrobial coatings across several industrial applications to ensure the utmost safety from the bacteria, pathogens, and other microbes.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1297
Browse in-depth TOC on "Antimicrobial Coatings Market"
163 – Tables
44 – Figures
204 – Pages
View detailed Table of Content here: https://www.marketsandmarkets.com/Market-Reports/antimicrobial-coatings-market-1297.html
Silver segment estimated to lead the antimicrobial coatings market in 2019
By type, the silver-based segment accounted for the largest share in the overall antimicrobial coatings market. It is used widely due to its properties, such as high efficacy rate, long-lasting effect, durability, and strength, among others. Also, the higher efficiency and low toxic nature compared to other types support the growth of the market. Also, increasing penetration in the medical healthcare, protective clothing, food beverage, and HVAC system applications.
The medical healthcare sector is estimated to be leading consumer of antimicrobial coatings
The medical healthcare segment led the overall antimicrobial coatings market in 2019, both in terms of value and volume. In the medical healthcare industry, the growing concern about hospital-acquired infections (HAIs) and its related impact on humans are major driving factors for the antimicrobial coatings market. There has been a significant increase in the patient pool across the globe due to the COVID-19 pandemic. For the treatment of these patients, temporary hospitals and facilities have been established in several countries, wherein the utmost care has been taken to avoid the spread and growth of the COVID-19 virus and other bacteria on the surfaces. For the same, these temporary and existing healthcare facilities are applying antimicrobial coatings on the surfaces, such as door handles, trails, beds, healthcare instruments, and medical devices used for the treatment.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=1297
North America projected to account for the largest share of the antimicrobial coatings market during the forecast period
North America is projected to have the largest share in the global antimicrobial coatings market, in terms of both value and volume, from 2020 to 2025. The North American antimicrobial coatings market is driven by the rising demand from the medical healthcare sector to inhibit the growth of bacteria and microbes, causing HAIs. In North America, the US is severely impacted by the COVID-19 pandemic compared to Canada and Mexico. There is a significant increase in the demand from the medical healthcare application due to the COVID-19 pandemic to evade the transmission of bacteria from surface to surface. Several manufacturers supply antimicrobial coatings to these facilities to ensure the safety of patients and hospital staff. Also, due to the stringent regulations pertaining to the indoor air quality, the HVAC system manufacturers are incorporating antimicrobial coatings on surfaces to ensure the required air quality by inhibiting the growth of mold and bacteria.
Antimicrobial Packaging Market Key Players
AkzoNobel (Netherlands), The Sherwin-Williams Company (US), Axalta Coating Systems (US), PPG Industries (US), Nippon Paint Holdings (Japan), and DuPont de Nemours (US) are the key players operating in the antimicrobial coatings market. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the antimicrobial coatings market.
Inquire Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=84919936
AkzoNobel N.V. (Netherlands) AkzoNobel N.V. is involved in the production and selling of paint and coating products. It operates its business in two major segments: Decorative Paints and Performance Coatings. The company has manufacturing facilities and a sales network in more than 150 countries worldwide. The Performance Coatings segment is further sub-segmented into Marine and Protective Coatings, Automotive and Specialty Coatings, Industrial Coatings, and Powder Coatings. The company has a geographic presence in the Asia Pacific, North South America, Europe, and Middle East Africa.
The Sherwin-Williams Company (US) is involved in developing, producing, and selling of paints, coatings, and other related products to various consumers from several sectors such as industrial, commercial, residential, and retail. The company operates its business through three main divisions: Consumer Brands Group, The Americas Group, and Performance Coatings Group.
PPG Industries Inc.(US) manufactures, sells, and distributes a wide range of paints, coatings, and specialty materials. The company operates its business through two segments: Performance Coatings and Industrial Coatings. The Performance and Industrial Coatings business segments offer several types of coatings and specialty materials for various industries, including building construction, industrial equipment and components, packaging, aircraft, automotive, and marine. The company has a foothold in the Asia Pacific, US and Canada, Latin America, Europe, and Middle East Africa.
