Antimicrobial Coatings Market Is Expected To Reach A Valuation Of US$ 12.5 Billion By 2032

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.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:https://www.factmr.com/connectus/sample?flag=S&rep_id=7972?PJ

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.

𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐒𝐭𝐮𝐝𝐲

• 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.
• Revenue through Medical Devices is projected to account for the highest projected CAGR of over 14.4%.
• In terms of region, North America accounted for the largest market, which grew at a CAGR of 9.7% during2017 - 2021.
• US is the dominant country in Antimicrobial Coating Market with an absolute dollar growth opportunity of US$ 3 Bn.

𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐜𝐞𝐧𝐭 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐀𝐧𝐭𝐢𝐦𝐢𝐜𝐫𝐨𝐛𝐢𝐚𝐥 𝐂𝐨𝐚𝐭𝐢𝐧𝐠𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞:

• 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.

• 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.

• 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.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬:https://www.factmr.com/connectus/sample?flag=RC&rep_id=7972

𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝

• 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

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐀𝐧𝐭𝐢𝐦𝐢𝐜𝐫𝐨𝐛𝐢𝐚𝐥 𝐂𝐨𝐚𝐭𝐢𝐧𝐠𝐬 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

• 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

𝐊𝐞𝐲 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐀𝐧𝐭𝐢𝐦𝐢𝐜𝐫𝐨𝐛𝐢𝐚𝐥 𝐂𝐨𝐚𝐭𝐢𝐧𝐠𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭

• 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?

𝐌𝐨𝐫𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞

Fact.MR, in its new offering, presents an unbiased analysis of the Antimicrobial Coating Market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in the Antimicrobial Coating Market in terms of by Type (Silver, Copper, Titanium Dioxide), by Application (Medical Devices, Indoor Air Quality, Construction and Other Applications), and In terms of Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

𝐆𝐞𝐭 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨:https://www.factmr.com/report/antimicrobial-coatings-market

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This release was published on openPR.