openPR Logo
Press release

Anti-viral Coatings Market size is anticipated to generate $1.3 billion by 2027, growing at a CAGR of 13.3% from 2020 to 2027

03-03-2021 03:52 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Report Ocean

According to a new report published by Report Ocean titled, “Anti-viral Coatings Market by Type of Coating, Type of Material, Application, and Form: Opportunity Analysis and Industry Forecast, 2020–2027,” the global anti-viral coatings market size was valued at $0.5 billion in 2019 and is anticipated to generate $1.3 billion by 2027. The market is projected to experience growth at a CAGR of 13.3% from 2020 to 2027.

GET SAMPLE PAGES @ https://www.reportocean.com/industry-verticals/sample-request?report_id=AMR1123

There is a fast-growing need for anti-viral paints and coatings to improve quality in residential, commercial, institutional, and industrial applications so as to control the growth of mold and/or reduce the risk of healthcare-associated infections or community-acquired infections. A number of paint products on the market claim anti-viral functions. However, the current products have significant shortfalls, including weak activities, risk of resistance from virus, and difficulty in monitoring and extending the anti-viral functions once the coatings are applied.

Increased demand during COVID-19 outbreak from medical and indoor air/HVAC application acts as driving factors for the market growth. However, lack in R&D activities and few demonstrated effectiveness of the coatings hinders the market growth. Meanwhile, the current pandemic has offered opportunity for new product developments and several opportunities for the industry growth.

The global anti-viral coatings market is segmented based on type of coating, type of raw material, application, form, and region. Based on type of coatings, the market is categorized into high-performance coatings, nano coatings, and others. Nano Coatings market is expected to grow at higher CAGR during the forecast period as the nano-particles are found to be more effective. Depending on type of material, the market is further segmented into graphene, silver, silicon dioxide, copper, and others. Silver dominated the market share and is also expected to continue to do so owing to silver’s benefits in medical treatment. Based on application, the market is divided into protective clothing, medical, air & water treatment, packaging, building & construction, and others. Medical segment dominates the market share followed by protective clothing and building & construction. On the basis of form, the market was classified into spray, powder, liquid, and others. Liquid coatings dominated the market share; however, spray coatings are expected to grow faster during the forecast period. Region-wise, anti-viral coatings market analysis is done across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa).

The key players operating in the anti-viral coatings market are Arkema, Dais Corporation, Hydromer, Kobe Steel, Ltd., nano Care Deutschland AG, Nippon Paints, EnvisionSQ, Bio-Fence, Bio-Gate AG, and GrapheneCA. The players in the market have adopted several strategies to sustain the market competition. The market players are also investing largely into R&D activities for the same owing to COVID-19 outbreak that has driven the demand for such coatings.

COVID-19 Impact
North America is the most affected region during the COVID-19 outbreak. U.S. alone has the highest number of COVID-19 affected people. The outbreak has impacted the demand-supply chain as many production houses have halted operations. This is anticipated to be a driving factor for the market as it is a preventative solution which can help to curb the spread of virus. Some coatings are also proven to contain the virus spread up to 90 days.

Key findings of the study

Global anti-viral coatings market size is provided in terms of revenue
Nano coatings is projected to grow at the highest CAGR of approximately 13.7%, in terms of revenue, during the forecast period
By application, the medical segment is anticipated to grow with CAGR 13.8%, in terms of revenue, during the forecast period
The U.S. and China dominated the market with a revenue share of over 25.8% and 8.4% in 2019
A comprehensive analysis of the factors that drive and restrain the anti-viral coatings market growth is provided
The qualitative data in this report aims at the anti-viral coatings market trends, dynamics, and developments in the anti-viral coatings industry
The anti-viral coatings market forecast and estimations are based on factors impacting the market growth.

READ FULL REPORT @ https://www.reportocean.com/industry-verticals/sample-request?report_id=AMR1123

Get in Touch with Us:
Report Ocean
Email: sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, IIIinois 60611 – UNITED STATES
Tel: +1 888 212 3539 (US – TOLL FREE)
Website: https://www.reportocean.com/

We are the best market research reports provider in the industry. Report Ocean believe in providing the quality reports to clients to meet the top line and bottom line goals which will boost your market share in today’s competitive environment. Report Ocean is “one-stop solution” for individuals, organizations, and industries that are looking for innovative market research reports.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Anti-viral Coatings Market size is anticipated to generate $1.3 billion by 2027, growing at a CAGR of 13.3% from 2020 to 2027 here

News-ID: 2251667 • Views:

More Releases from Report Ocean

Japan Internet Advertising Market CAGR of 24.9%, Behind the Scenes Techniques for Deep Understanding of Consumer Behavior
Japan Internet Advertising Market CAGR of 24.9%, Behind the Scenes Techniques fo …
The Japan Internet Advertising Market has demonstrated remarkable growth, reaching a valuation of USD 29.49 Billion in 2021. With the digital landscape continually evolving, it is forecasted to soar to an impressive USD 112.04 Billion by 2027. This surge represents an anticipated compound annual growth rate (CAGR) of 24.9% over the projected period, highlighting the dynamic and rapidly expanding nature of the digital advertising sector in Japan. Internet Advertising are set
Location Analytics Market Through the Looking Glass Techniques for a Profound Understanding of Consumer Behavior
Location Analytics Market Through the Looking Glass Techniques for a Profound Un …
This comprehensive market research report offers an in-depth analysis of the global location analytics market from 2019 to 2026. Valued at USD 10,813.6 million in 2019, the market is forecasted to surge to USD 29,878.5 million by 2026, demonstrating a robust Compound Annual Growth Rate (CAGR) of 15.6% throughout the projection period. This report delves into the key drivers, restraints, opportunities, and challenges that are shaping the market, providing stakeholders
Affiliate Marketing Platform Market Eyes Wide Open Maximizing the Value of Observational Research in Consumer Behavior
Affiliate Marketing Platform Market Eyes Wide Open Maximizing the Value of Obser …
The Global Affiliate Marketing Platform Market, valued at USD 19,217.4 million in 2021, is projected to witness significant growth over the next decade, reaching an estimated value of USD 36,902.1 million by 2030. This report provides an in-depth analysis of the market dynamics, growth drivers, challenges, and opportunities that will influence the affiliate marketing landscape over the forecast period of 2021-2030. With a Compound Annual Growth Rate (CAGR) of 7.7%,
Global Clear Brine Fluids Market Growth Forecast and Trends (2022-2030)
Global Clear Brine Fluids Market Growth Forecast and Trends (2022-2030)
The global clear brine fluids market was valued at US$ 0.95 billion in 2021. It is anticipated to experience growth, reaching a valuation of US$ 1.39 billion by 2030. This growth trajectory translates to a compound annual growth rate (CAGR) of 3.1% during the forecast period from 2022 to 2030. Clear brine fluids, crucial in the oil and gas industry for drilling and completion processes, are poised for increased demand,

All 5 Releases


More Releases for CAGR

[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends. Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064 According to the report published by Allied Market Research,
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032. This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031. Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,