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Antimicrobial Coatings Market to Witness an Impressive Growth during the Forecast Period 2020-2028 by Business Market Insights
The antimicrobial coatings market in Europe is expected to grow from US$ 616.10 million in 2020 to US$ 1,457.82 million by 2028; it is estimated to grow at a CAGR of 11.4 % from 2020 to 2028.The Europe antimicrobial coatings market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. The antimicrobial coatings market is currently growing at a double-digit annual pace.
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In case of COVID-19, in Europe, especially France, 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 European countries, i.e., Russia, UK, Italy, Spain and Germany. 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.
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Major Key players covered in this report:
• Cupron
• AK Coatings Inc.
• Microban International Ltd.
• PPG Industries Inc.
• Akzo Nobel N.V.
• DuPont de Nemours, Inc.
• Nano-Care Deutschland AG
• Axalta Coating Systems
EUROPE ANTIMICROBIAL COATINGS MARKET SEGMENTATION
Europe Antimicrobial Coatings Market, by Raw Material
• Silver
• Copper
• Titanium Dioxide
• Others
Europe Antimicrobial Coatings Market, by Application
• Medical
• HVAC
• Mold Remediation
• Building and Construction
• Foods and Beverages
• Others
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The research on the Europe Antimicrobial Coatings market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Europe Antimicrobial Coatings market on the basis of end user, product type, application, and demography for the forecast period 2020–2028. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Europe Antimicrobial Coatings market.
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Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
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