Antimicrobial Coatings Market to Exceed Valuation of USD 14,431.20 million at a 12.8% CAGR by 2029

 Market Analysis and Insights

The global antimicrobial coatings market is expected to gain significant growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 12.8% in the forecast period of 2022 to 2029 and is expected to reach USD 14,431.20 million by 2029. The major factor driving the growth of the global antimicrobial coatings market is the growing demand for heating, ventilation and air conditioning to improve indoor air quality.

Antimicrobial coatings assist in maintaining the quality of applied surfaces by preventing the growth of microorganisms such as fungi, parasites, and bacteria. The usage of these antimicrobial coatings provides improved cleanliness and hygiene as they end the requirement of frequent cleaning. As a result, antimicrobial coatings are more cost-effective and offer lasting protection against pathogens. These coatings are generally applied on walls, vents, counters, and door handles. Moreover, as these coatings help sterilize medical tools, surgical masks, gloves, and clothing, they find vast applications in clinics, hospitals, and healthcare centers.

The application of antimicrobial coatings improves the durability and appearance of the applied surface and aids in shielding the surface from the attack of microbes. As a result, these coatings are widely used to eliminate the germination of pathogens that can cause infectious diseases such as ebola, influenza, mumps, measles, chickenpox, and rubella. 

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Market Definition

Antimicrobial coatings are microbe's resistant coatings that include antimicrobial agents preventing microbial impurities. They have extensive application utilization in the construction, food, and healthcare industry. They are applied to the doors, glass panels, walls, doors, HVAC tents, counters, and so forth. The antimicrobial coating is an application of a chemical agent on the surface which can stop the growth of disease-causing microorganisms. Apart from this, the antimicrobial coating helps to increase the surface durability, appearance, corrosion resistance, and others. These coatings are used for medical devices to destroy or inhibit the growth of microorganisms and protect humans from getting infected by infectious diseases. The antimicrobial coating is known to be a powerful weapon against healthcare-related infections. The antimicrobial coating features a highly effective viable antimicrobial coating and modifications precisely dosed and delivered right from the surface of the medical device. Antimicrobial coating focuses on the reduction of accumulation on biomedical devices through changing interfacial features.

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Competitive Landscape and Global Antimicrobial Coatings Market Share Analysis

The global antimicrobial coatings market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies' focus related to the global antimicrobial coatings market.

Some of the prominent participants operating in the global antimicrobial coatings market are Axalta Coating Systems, LLC, Akzo Nobel N.V., PPG Industries, Inc., DSM, The Sherwin-Williams Company, Arxada AG, Microban International, Fiberlock, Burke Industrial Coatings, Aereus Technologies, Linetec, Katilac Coatings, Nano Care Deutschland AG, SANITIZED AG, Dow, Specialty Coating Systems Inc., DuPont, Flowcrete, GBneuhaus GmbH, Kastus Technologies Company Limited, among others.

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