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Antimicrobial Coatings Market Projected to Surge as Industries Prioritize Enhanced Germ Protection

06-13-2023 07:57 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact Mr

The Antimicrobial Coating Market revenues were estimated at US$ 3.4 Bn in 2021 and is anticipated to grow at a CAGR of 12.9% from 2022-2032, according to a recently published Fact.MR report. By the end of 2032, the market is expected to reach a valuation of US$ 12.5 Bn.

The key factors propelling the Antimicrobial Coating demand are increased healthcare-associated infections (HCAI) and a rise in the number of microbes. According to the European Center for Disease Prevention and Control, 37,000 people die as a result of healthcare-associated infections (HCAI), which affect more than 4 million people annually. The global healthcare industry faces a huge problem in battling illnesses related to healthcare. HCAI infections are the sixth most common cause of death in Western nations. It is far worse in developing nations.

๐——๐—ผ๐˜„๐—ป๐—น๐—ผ๐—ฎ๐—ฑ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—–๐—ผ๐—ฝ๐˜† ๐—ผ๐—ณ ๐—ง๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜:
https://www.factmr.com/connectus/sample?flag=S&rep_id=7972

The key application for end use of antimicrobial coating includes Medical Devices where the rise is seen due to rising healthcare-related dangers, rise in healthcare-associated infections, and support from government entities.

๐—ž๐—ฒ๐˜† ๐—ง๐—ฎ๐—ธ๐—ฒ๐—ฎ๐˜„๐—ฎ๐˜†๐˜€ ๐—ณ๐—ฟ๐—ผ๐—บ ๐˜๐—ต๐—ฒ ๐—ฆ๐˜๐˜‚๐—ฑ๐˜†

โ€ข Antimicrobial Coating Market was valued at US$ 3.4 Bn in 2021. According to Fact.MR, Antimicrobial Coating Market revenue would increase 3.7X between 2022 and 2032, reaching roughly US$ 12.5 Bn in 2032.

โ€ข Revenue through Medical Devices is projected to account for the highest projected CAGR of over 14.4%.

โ€ข In terms of region, North America accounted for the largest market, which grew at a CAGR of 9.7% during2017 - 2021.

โ€ข US is the dominant country in Antimicrobial Coating Market with an absolute dollar growth opportunity of US$ 3 Bn.

๐—ฆ๐—ผ๐—บ๐—ฒ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ฟ๐—ฒ๐—ฐ๐—ฒ๐—ป๐˜ ๐—ฑ๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—บ๐—ฒ๐—ป๐˜๐˜€ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—”๐—ป๐˜๐—ถ๐—บ๐—ถ๐—ฐ๐—ฟ๐—ผ๐—ฏ๐—ถ๐—ฎ๐—น ๐—–๐—ผ๐—ฎ๐˜๐—ถ๐—ป๐—ด๐˜€ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฎ๐—ฟ๐—ฒ:

โ€ข In April 2022, the inclusion of Specialty Coating Systems (Vietnam) Co. Ltd. was announced by Specialty Coating Systems, Inc. The ISO 9001:2015-certified plant serves clients in the aerospace, medical device, consumer industrial electronics, transportation, and industries with conformal coating services. The company will benefit from increased business and goodwill in Vietnam as a result of this growth.

โ€ข In November 2021, DuPont entered into a binding agreement to pay US$ 5.2 Bn to buy Rogers Corporation. As a global multi-industrial firm focused on market-leading, high-growth, high-margin industries with complementary technological and financial traits. DuPont recently announced a number of initiatives that advance its strategy. DuPont will be able to grow its business with the assistance of Rogers Corporation owing to this breakthrough.

โ€ข In April 2020, for Personal Protective Equipment (PPE) like face masks, the Indian Institute of Technology has created spray-based antimicrobial coatings that will destroy over 99.9% of germs and viruses. To combat COVID-19, an IIT-Madras business designed clothes containing antibacterial substances in April 2020.

๐—š๐—ฒ๐˜ ๐—–๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ป ๐˜๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—ณ๐—ผ๐—ฟ ๐—ฆ๐—ฝ๐—ฒ๐—ฐ๐—ถ๐—ณ๐—ถ๐—ฐ ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต ๐—ฆ๐—ผ๐—น๐˜‚๐˜๐—ถ๐—ผ๐—ป๐˜€:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=7972

๐—ž๐—ฒ๐˜† ๐—–๐—ผ๐—บ๐—ฝ๐—ฎ๐—ป๐—ถ๐—ฒ๐˜€ ๐—–๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ฒ๐—ฑ

AkzoNobel N.V.
Nippon Paint Co. Ltd
PPG Industries, Inc
RPM International
The Sherwin Williams Company
Lonza
DuPont
RPM International Inc
Burke Industrial Coatings
Troy Corporation

๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ณ ๐—”๐—ป๐˜๐—ถ๐—บ๐—ถ๐—ฐ๐—ฟ๐—ผ๐—ฏ๐—ถ๐—ฎ๐—น ๐—–๐—ผ๐—ฎ๐˜๐—ถ๐—ป๐—ด๐˜€ ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต

By Type
Silver
Copper
Titanium Dioxide
By Application
Medical Devices
Indoor Air Quality
Construction
Other Application
By Region
North America
Latin America
Europe
APAC
MEA

๐—ž๐—ฒ๐˜† ๐—ค๐˜‚๐—ฒ๐˜€๐˜๐—ถ๐—ผ๐—ป๐˜€ ๐—–๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ฒ๐—ฑ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—”๐—ป๐˜๐—ถ๐—บ๐—ถ๐—ฐ๐—ฟ๐—ผ๐—ฏ๐—ถ๐—ฎ๐—น ๐—–๐—ผ๐—ฎ๐˜๐—ถ๐—ป๐—ด๐˜€ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜

What is the projected value of the Antimicrobial Coatings Market in 2023?
At what rate will the global Antimicrobial Coatings Market grow until 2033?
Which are the factors hampering the growth in the Antimicrobial Coatings Market?
Which region is expected to lead in the global Antimicrobial Coatings Market during 2023 to 2033?
Which are the factors driving the Antimicrobial Coatings Market during the forecast period?
What is the expected market value of the Antimicrobial Coatings Market during the forecast period?

๐—š๐—ฒ๐˜ ๐—™๐˜‚๐—น๐—น ๐—”๐—ฐ๐—ฐ๐—ฒ๐˜€๐˜€ ๐—ผ๐—ณ ๐—–๐—ผ๐—บ๐—ฝ๐—น๐—ฒ๐˜๐—ฒ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜: https://www.factmr.com/checkout/7972

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