Antimicrobial Coatings Market worth $7.0 billion by 2027- Exclusive Report by MarketsandMarkets™
The report "Antimicrobial Coatings Market by Type (Sliver, Copper, Titanium Dioxide), End-user Industry (Medical & Healthcare, Medical & Healthcare, Building & Construction, Protective Clothing, HVAC System, Transportation), and Region - Global Forecast to 2027", size is estimated to be USD 4.2 billion in 2022 and is projected to reach USD 7.0 billion by 2027, at a CAGR of 10.8 %.Growing expenditure on healthcare infrastructure, increase in government initiative to prevent the spread of COVID-19, hospital-acquired infections (HAIs) and increasing demand for medical devices, surgical instruments, and other healthcare equipment across the globe are fueling the growth of the antimicrobial coatings market. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1297 Browse and in-depth TOC on “Antimicrobial Coatings Market” 194- Tables 38 - Figures 215 – Pages
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By type, Silver accounted for the largest share in 2021 Silver-based antimicrobial coatings are widely used in various applications because of there have high efficacy against viruses, bacteria, and other eukaryotic microorganisms. Silver-based antimicrobial coatings have proven strong inhibitory properties against bacteria and viruses, such as E.coli, H1N1 influenza, and Listeria. The efficacy of silver-based antimicrobial coatings depends on the size and shape of the silver ion used during manufacturing of coatings. It is directly related to the rate of ions released on the substrate surface. Nanoparticles with a uniform crystal structure are mostly used for manufacturing antimicrobial coatings. Once silver-based antimicrobial coatings are applied to the substrate, silver coatings release silver ions in a controlled manner continuously, which inhibits microbes or pathogens growth on the surface. By End Use Industry, Antimicrobial coatings Market, Medical & Healthcare segment accounted for the largest share in 2021 In the medical & healthcare sector, the growing concern about hospital-acquired infections (HAIs) and their related impact on human health is driving the adoption of antimicrobial coatings. Similarly to avoid the spread and growth of the COVID-19 virus and other bacteria on the surfaces, several temporary built and existing healthcare facilities are using antimicrobial coatings as a protective layer on various human contact surfaces such as door handles, trails, beds and healthcare instruments. Antimicrobial coatings have thus emerged as an effective solution in the medical & healthcare sector to fight COVID-19. Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=1297
North America is accounted for the largest share of Antimicrobial coatings Market in 2021 North America is also estimated to be the largest market for Antimicrobial coatings Market during the forecast period. The growth of the North American antimicrobial coatings market is driven by the rising demand for antimicrobial coatings from the medical & healthcare sector to inhibit the growth of bacteria and microbes causing HAIs and COVID19. Also, due to stringent rules and