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Global Antimicrobial Coatings Market

Global Antimicrobial Coatings Market

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Global Antimicrobial Coatings Market

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  1. Global Antimicrobial Coatings Market: Industry Analysis and Forecast (2020-2026) by Type, Application, and Region. Global Antimicrobial Coatings Market size was valued at US$ 2.8 Bn in 2019 and the total revenue is expected to grow at 9.2% through 2020 to 2026, reaching nearly US$ XX Bn. The global Antimicrobial Coatings market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Antimicrobial Coatings report also provides trends by market segments, technology, and investment with a competitive landscape. Global Antimicrobial Coatings Market Overview: Increasing concerns about cleanliness in many end-use industries increased product demand, resulting in the rapid growth of the global antimicrobial coatings market. Increasing adoption, growing awareness about safety and hygiene, and stringent regulations are factors that contributing to antimicrobial coatings market growth. Global Antimicrobial Coatings Market Dynamics: Antimicrobial coatings are gaining traction in the medical & healthcare industry all over the globe. This is mainly because of rising awareness and government initiatives to prevent the spread of HAIs. According to the Office of Disease Prevention and Health Promotion, over 1.7 million patients in the U.S. are affected by HAIs every year. Nearly 100,000 patients die from infections, while many patients mandatory to take medical devices. Few medical plans provide a background for bacteria and their growth, which is impossible to clean or disinfect with conventional antibiotics. Because of this, European and North American countries' governments channelized efforts to restrain the HAIs. In October 2016, the U.S. Department of Health and Human Services (HHS) publicized the National Action Plan to Prevent Health Care-Associated Infections for the national severe care hospital. The high cost of antimicrobial coatings hampers the market growth. Additionally, low purchasing power, low per capita disposable income, and low awareness about antimicrobial coatings in emerging economies act as a major restraining factor for the market growth.

  2. Global Antimicrobial Coatings Market Segment Analysis: By Type, the Antimicrobial Coatings market is segmented into Silver, Copper, Titanium dioxide. By Application, the market is segmented into Medical & Healthcare, Foods & Beverages, Building & Construction, HVAC systems, Protective Clothing, Transportation. The medical & healthcare segment accounted for more than 40% share in terms of revenue in 2019 and is expected to witness XX% growth during the forecast period 2020-2026. The segment is a major consumer of antimicrobial coatings. Rising concern about hospital-acquired infections (HAIs) and their effect on humans in the medical & healthcare industry is a major driving factor for the antimicrobial coatings market growth. Because of the COVID-19 pandemic, antimicrobial coatings demand increases in the medical & healthcare industry. Antimicrobial coatings have increased substantial attention and were applied in several temporary and standing healthcare facilities during the COVID-19 pandemic to prevent the spread of HAIs. Additionally, the government of the US and European countries has introduced HAIs action plans to reduce its spread and infection, this, in turn, supports the market growth. To know about the Research Methodology :- Request Free Sample Report Global Antimicrobial Coatings Market Regional Insights:

  3. North America Dominate the Global Antimicrobial Coatings Market North America accounted for more than 42% market share in terms of revenue in 2019. The construction industry in this region is estimated to witness significant growth thanks to the growing demand for non-residential construction projects, including hospitals, schools, and colleges, during the forecast period 2020-2026. The application of the ‘Affordable Healthcare Act’ in the U.S. has prompted the construction of healthcare units and hospitals. The increasing population is expected to grow the construction of office spaces, industrial plants, schools, and colleges, thus drives the antimicrobial coatings demand. Presence of a large patient of COVID-19 and substantial share to build the healthcare system. Moreover, the rising investments for the development of the healthcare sector in the country fuel market growth. Because of strict regulations in indoor air quality, the HVAC system producers are joining antimicrobial coatings on the surface to ensure the required air quality by inhibiting the growth of mold and bacteria. The objective of the report is to present a comprehensive analysis of the Global Antimicrobial Coatings market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

  4. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Antimicrobial Coatings market dynamics, structure by analyzing the market segments and project the Global Antimicrobial Coatings market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Antimicrobial Coatings market make the report investor’s guide. Global Antimicrobial Coatings Market Scope: Inquire before buying Global Antimicrobial Coatings Market, by Region • North America • Europe • Asia Pacific • Middle East and Africa • South America Global Antimicrobial Coatings Market Key Players • Akzo Nobel N. V.

  5. • Lonza Group Ltd • PPG Industries Inc. • Axalta Coating Systems • The Sherwin-Williams Company • DOW Chemical Company • E. I. Du Pont De Nemours • Nippon Paint Holdings Co., Ltd. • RPM International Inc. • Sciessent LLC • DSM • Sika AG • BASF SE • Jotun Group • Others Visit @: This Report Is Submitted By : Maximize Market Research Company About Us: Maximize Market Research: Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

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