Antimicrobial Coatings Market Size to Reach $11.0 Billion by 2030 | CAGR: 11.5%: AMR

According to the report published by Allied Market Research, the global antimicrobial coatings market generated $3.7 billion in 2020, and is projected to reach $11.0 billion by 2030, growing at a CAGR of 11.5% 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.

Extensive application of antimicrobial coatings in catheters, surgical devices, medical instruments & trays, and medical electronics so as to minimize the risk of spreading infections, remarkable perks of using antimicrobial coatings such as enhanced surface durability and appearance, improved corrosion resistance, suppression of microbial growth, and significant surge in the demand for antimicrobial coatings in the healthcare industry are expected to drive the growth of the global antimicrobial coatings market. On the other hand, stringent regulations on the emission of toxic contaminants are expected to hinder the growth to some extent. However, persistent technological advancements in antimicrobial coatings are expected to create ample opportunities for the industry.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 : https://www.alliedmarketresearch.com/request-sample/A07268

The report offers a detailed segmentation on the global antimicrobial coatings market based on type, end-use industry and region.

Based on type, the copper-based segment held the largest market share in 2020, garnering two-fifths of the total market. The silver-based segment, on the other hand, is predicted to cite the fastest CAGR of 12.1% during the forecast period.

Competitive Scenario

The report offers a thorough evaluation of the competitive scenario of the market. It profiles the name of leading players of the market and the strategies adopted by them to gain one-upmanship in the market. The key players of the market include Novapura AG, Advanced Nanotech Lab (ANT Lab), Axalta Coating Systems, LLC, Akzo Nobel N.V., Apogee Enterprises Inc., Sciessent LLC, PPG Industries, Inc., Pylon Coatings, Nippon Paint Holdings, and The Sherwin Williams Company. The strategies adopted by these players are new product launches, acquisitions, mergers, and partnerships.

For instance, in March 2023, AkzoNobel N.V., a company manufacturing paints and performance coatings, launched Ecolox. It is a new range of environmentally friendly antibacterial coatings developed for the construction and building industries.

𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.alliedmarketresearch.com/purchase-enquiry/A07268

Based on end-user, the healthcare segment held the majority share in 2020, holding more than two-fifths of the total market. In addition, the same segment is anticipated to exhibit the fastest CAGR of 12.0% during the forecast period. Other segments analyzed in the report include Building & Construction, Food Service Packaging, Aviation, Marine, and Others.

Based on region, the market across Europe held the lion's share in 2020, garnering nearly two-fifths of the total market. In addition, the same segment is projected to cite the fastest CAGR of 12.4% during the forecast period. Other regions analyzed in the market include North America, Asia-Pacific and LAMEA.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐏𝐫𝐨𝐜𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐕𝐢𝐬𝐢𝐭 𝐇𝐞𝐫𝐞: https://www.alliedmarketresearch.com/antimicrobial-coatings-market/purchase-options

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