Press release
Antimicrobial Coatings Market Projected to Reach $12.41 Billion by 2031-Exclusive Insights from Meticulous Research®
[Redding, California, March 19, 2024] - Meticulous Research®, a leading market intelligence firm, has released a comprehensive report titled "Antimicrobial Coatings Market by Product, Form, Industry - Global Forecast to 2031," shedding light on the burgeoning antimicrobial coatings market landscape.Download Free Research PDF @ https://www.meticulousresearch.com/download-sample-report/cp_id=5077
Antimicrobial coatings serve as a shield against the growth of microorganisms, ensuring prolonged protection and hygiene across various sectors including healthcare, construction, food & beverage, automotive, and more. These coatings are pivotal in combating healthcare-associated infections and maintaining sterile environments. The global demand for antimicrobial coatings is witnessing an upward trajectory owing to factors such as increased food recalls due to contamination, escalating healthcare concerns, and growing applications in diverse industries.
In response to the surge in contaminated food recalls witnessed in regions like North America and Europe, the market is witnessing a notable upsurge. Various organizations globally are proactively investing in the development of antimicrobial coatings to mitigate food contamination risks, further augmenting the market growth.
However, challenges such as stringent regulations pertaining to VOCs and escalating raw material costs pose impediments to market expansion. Additionally, the emergence of antimicrobial resistance in microorganisms and the high costs associated with these coatings present significant hurdles.
Browse in depth @ https://www.meticulousresearch.com/product/antimicrobial-coatings-market-5077
The report segments the antimicrobial coatings market based on product type (Metal-based Coatings: Silver, Copper, Aluminum, Other Metals; Non-metal-based Coatings: Organic, Polymer), form (Liquid: Solvent Borne, Water Borne; Powder, Aerosol, Gel), industry (Building & Construction, Food & Beverages, Automotive, Medical & Life Sciences, Pharmaceutical, Machinery & Equipment, Consumer Goods, and Others), and geography.
Highlights from the Report:
Metal-based Coatings Segment Dominates: The metal-based coatings segment is anticipated to hold a significant market share in 2024, driven by increasing demand in the food & beverage industry and the inherent advantages they offer, including non-toxicity, broad antibacterial spectrum, and long-term efficacy.
Liquid Form Leads the Market: Liquid coatings are projected to dominate the market in 2024, owing to technological advancements and their preference by end-use industries due to properties such as corrosion resistance and quality finish.
Building & Construction Emerges as Key Sector: The building & construction segment is poised to command a substantial market share in 2024, fueled by initiatives to combat microbial contamination in commercial spaces and the benefits offered by antimicrobial coatings such as prolonged protection and infection control.
North America Spearheads Market Growth: North America is expected to dominate the global antimicrobial coatings market in 2024, driven by factors such as increasing healthcare-associated infections, rising contaminated food recalls, and infrastructure developments in healthcare. However, Asia-Pacific is anticipated to exhibit the highest growth rate during the forecast period.
Top 10 Companies: https://meticulousblog.org/top-10-companies-in-antimicrobial-coatings-market/
Key market players such as Akzo Nobel N.V., Lonza Group Ltd, PPG Industries Inc., and others are extensively analyzed in the report, along with insights into their growth strategies over the past few years.
Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.
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