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ANTIMICROBIAL COATING MARKET PRICE 2020-2025 | INDUSTRY SIZE, SHARE, PRICE, TRENDS, REPORT & FORECAST

Aug 18, 2020 (SUPER MARKET RESEARCH via COMTEX) — The new report by Expert Market Research titled, ‘Global Antimicrobial Coating Market Size, Price, Growth, Trends, Analysis, Report and Forecast 2020-2025′, gives an in-depth analysis of the global antimicrobial coating market, assessing the market based on its segments like types, products, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2015-2025)

Forecast CAGR (2020-2025): 9.4%
Forecast Market Size (2025): 992 kilo metric tons
North America held a major market share in the historical period owing to the growing end-user segments, such as air/HVAC and medical applications, and favourable government regulations. Antimicrobial coating finds most of its utilisation in the healthcare and food processing sector. Technological advancements in the development of effective antimicrobial coating for medical implants is expected to boost the market growth. Antimicrobial coatings are becoming popular due to their properties, such as biocompatibility and non-toxicity. Silver-based antimicrobials are in high demand. The market is fuelled by the growing demand for air purifying systems and HVAC systems. The indoor air quality sector is expected to be a significant driver for the antimicrobial market in the forecast period.

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Industry Definition and Major Segments

Antimicrobial coating inhibits the ability of microorganisms to grow on the surface of a material. It is most commonly used in the healthcare setting for sterilisation of medical devices to prevent healthcare-associated infections (HAI). Antimicrobial coatings are also employed in air purifying systems and HVAC systems.

On the basis of type, the market is divided into:

Silver Coating
Copper Coating
Zinc Coating
Chlorine Coating
Based on the product, the market can be broadly categorized into:

Surface Modification Coating
Powder Coating
By application, the antimicrobial coating market can be segmented into:

Indoor Air/HVAC
Mould Remediation in Construction
Medical/Healthcare
Foods and Beverages
The major regions in the market are:

North America
Europe
Middle East and Africa
Latin America
Asia Pacific
Market Trends

In the past few years, governments across the globe have introduced strict regulations promoting the use of an antimicrobial coating to combat infections. Antimicrobial coatings are being used in the production of medical devices, catheters, and electronics in the healthcare industry. Increasing concerns about healthcare-associated infections are expected to drive the market. The rise in air pollution and awareness about the quality of air in living spaces is fuelling the usage of antimicrobial coating in indoor air and HVAC industry. The polymer-based antimicrobial coating is witnessing increased usage in textiles. Antimicrobial coatings are also showing promising potential in personal protective equipment (PPE) such as face masks, which kill over 99.9% of bacteria and viruses, thus, are witnessing a surge amidst the COVID-19 pandemic.

Key Market Players

The major players in the market are Akzo Nobel NV (AMS: AKZA), BASF SE (ETR: BAS), Diamond Vogel, Sherwin Williams Company (NYSE: SHW), DOW Chemical Company (NYSE: CTA-B), Axalta Coating Systems Limited (NYSE: AXTA), Nippon Paint Company Limited (TYO: 4612), and DSM NV (AMS: DSM). The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

Note 1: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Note 2: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally

At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture

We also provide state-of-the-art procurement intelligence through our platform, procurementresource.com Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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Contact Person: Mathew Williams, Business Consultant
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The post Antimicrobial Coating Market Price 2020-2025 | Industry Size, Share, Price, Trends, Report & Forecast appeared first on Super Market Research.

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