Antimicrobial Coatings Market Size to Reach USD 8.65 Billion by 2027; Increasing Incidence of Healthcare-related Infections to Drive Market, states Fortune Business Insights™

PUNE, India, May 19, 2020 /PRNewswire/ -- The global antimicrobial coatings market size is predicted to reach USD 8.65 billion by 2027, exhibiting a CAGR of 11.5% during the forecast period. The rising awareness regarding the advantages of active ingredients found in antimicrobial coatings to prevent microbial growth in the wall, door handles and other indoor objects will accelerate the antimicrobial coatings industry growth, states Fortune Business Insights in a report, titled "Antimicrobial Coatings Market Size, Share & Industry Analysis, By Type (Metallic {Silver, Copper, and Others}, and Non-metallic {Polymeric, and Others}), By Application (Medical & Healthcare, Indoor Air/HVAC, Mold Remediation, Building & Construction, Food & Beverage, Textile, and Others), and Regional Forecast, 2020-2027" the market size stood at USD 3.69 billion in 2019. The rising prevalence of diseases will spur significant demand for antimicrobial coatings in prevention and protection against mold, fungi, and bacteria during the forecast period.

Global COVID-19 Impact Analysis:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

To Get The Short-Term and Long-Term Impact of COVID-19 on this Market,

Please Visit: https://www.fortunebusinessinsights.com/enquiry/covid19-impact/antimicrobial-coatings-market-102784

List of Major Companies in the Antimicrobial Coatings Market Research Report are;

• Akzo Nobel N.V.
• Axalta Coating Systems
• PPG Industrial Coatings
• John Desmond Limited
• BASF SE
• Nippon Paint (India) Company Limited
• The Sherwin-Williams Company
• DuPont
• Damond Vogel

Market Driver:

Strong Utilization of Antimicrobial in Disease Prevention to Improve Business Prospects

The increasing application of antimicrobial coatings in healthcare facilities can be a vital factor in inflating the demand of the market. For instance, Healthcare-related infections (HCAI), also known as nosocomial infections lead to a high rate of morbidity and mortality in patients. As per the World Health Organization, Fact Sheet, Hundreds of millions of patients are affected by healthcare-associated infections worldwide each year, leading to significant mortality and financial losses for health systems. The rising cases of HCAI in the developing nations will create opportunities for the market.

The World Health Organization, states in high-income countries, approximately 30% of patients in intensive care units (ICU) are affected by at least one healthcare-associated infection. Likewise, the European Center for Disease Prevention and Control (ECDC) estimates that about 4.1 million acute care patients develop an HCAI annually, with 37,000 deaths directly attributed to HCAI. The increasing cognizance of HCAI and pandemics such as COVID-19 will lead to the improvement in the safety and hygiene of patients in hospitals, which, in turn, will aid the expansion of the market. Also, the rising concertation to prevent the growth of microbes, which can lead to infections or cause product degradation will foster healthy growth of the market.

Browse Summary of This Research Insights with Detailed TOC: https://www.fortunebusinessinsights.com/antimicrobial-coatings-market-102784

Market Restraint:

Hazardous Effects of Antimicrobial on the Environment to Restrict Growth

The toxic agents found in antimicrobial coatings can lead to severe environmental damage, which can consequently dampen the growth of the market. Active ingredients released from the coatings end up in different locations, thus leading to microbiota exposure and potential adversities for the environment. The rising knowledge of antimicrobial coatings risk-factors is likely to dwindle the market revenue during the forecast period. The biocidal products are potentially lethal, i.e. they exhibit toxic properties to various types of cells or organisms due to inhibition of target organism proliferation such as pathogenic bacteria or microorganism biofilms.

Regional Analysis:

Favorable Laws and Policies will Strengthen Market in North America

The market size in North America stood at USD 1,383.5 million in 2019. North America and is likely to remain dominant during the forecast period. The growth in the region is attributed to the rising demand for antimicrobial coatings in indoor air / HVAC and medical applications. Favorable Healthcare Policies and laws will further promote the market in North America.

The rising demand from the food & beverages and apparel industry in the U.S. and Canada will support the growth in North America. The increasing living standards of people along with the rising healthcare spending in the U.S. will further aid the development of the market.  The growing innovation in the healthcare industry and the growing production of processed foods will contribute positively to the market in North America.

Significant Development:

January 2019: Akzo Nobel N.V., a global leader and produced of powder coatings, announced that its Interpon AM range, containing BioCote antimicrobial protection was selected to be applied on 2,350 door handles in Abu Dhabi clinic. This coating combats the growth of microbes such as bacteria and mold. 

Quick Buy – Antimicrobial Coatings Market Research Report: https://www.fortunebusinessinsights.com/checkout-page/102784

Detailed Table of Content:

• Introduction
• Research Scope
• Market Segmentation
• Research Methodology
• Definitions and Assumptions
• Executive Summary
• Market Dynamics
• Market Drivers
• Market Restraints
• Market Opportunities
• Key Insights
• Key Emerging Trends – For Major Countries
• Key Developments: Mergers, Acquisition, Partnership, etc.
• Latest Technological Advancement
• Insights on Regulatory Scenario
• Porters Five Forces Analysis
• Global Antimicrobial Coatings Market Analysis, Insights and Forecast, By Type, 2016-2027
• Key Findings / Summary
• Global Antimicrobial Coatings Market Analysis, Insights and Forecast – By Type
• Metallic
• Silver
• Copper
• Others
• Non-metallic
• Polymeric
• Organic
• Global Antimicrobial Coatings Market Analysis, Insights and Forecast, By Application, 2016-2027
• Key Findings / Summary
• Global Antimicrobial Coatings Market Analysis, Insights and Forecast – By Application
• Medical & Healthcare
• Indoor Air / HVAC
• Mold Remediation
• Building & Construction
• Food & Beverage
• Textile
• Others

TOC Continued…!!!

Get your Customized Research Report: https://www.fortunebusinessinsights.com/enquiry/customization/antimicrobial-coatings-market-102784

Have a Look at Related Research Insights:

Antimicrobial Packaging Market Size, Share & Industry Analysis, By Material (Plastics, Biopolymers, Paper & Paperboard, and Others), By Antimicrobial Agents (Organic Acid, Bacteriocins, and Others), By Type (Bags, Pouches, Trays, and Others), By Application (Food & Beverages, Healthcare & Pharmaceutical, Personal Care, and Others) and Regional Forecast, 2019-2026

Antimicrobial Textiles Market Size, Share & Industry Analysis, By Agents (Synthetic Organic Compounds, Bio-Based Compounds, Metal & Metallic Salts and Others), By Fabric (Cotton, Polyester, and Others), By Application (Home, Commercial, Medical, Apparel, Industrial, and Others) and Regional Forecast, 2020-2027

Personal Protective Equipment (PPE) Market Size, Share & Industry Analysis by Product (Head Protection, Eye & Face Protection, Hearing Protection, Protective Clothing, Respiratory Protection, Fall Protection Protective Footwear, Hand Protection, and Others), By Application (Construction, Manufacturing, Oil & Gas, Chemical, Food, Pharmaceutical, Transportation, and Others) and Regional Forecast, 2019-2026

Protective Clothing Market Size, Share & Industry Analysis, By Product (Disposable and Durable), By Application (Flame Retardant Apparel, Chemical Defending Garment {Radiation Protection, Particulate Matter, and Others}, Clean Room Clothing, Mechanical Protective Clothing, and Others), By End-Use (Pharmaceutical, Oil & Gas, Chemical, Firefighters, and Others), and Regional Forecast, 2020-2027

Aluminum Curtain Wall Market Size, Share & Industry Analysis, By Product Type (Stick-built, Unitized and Others), By Application (Commercial Buildings and Residential Buildings) and Regional Forecast, 2019-2027

Flooring Market Size, Share & Industry Analysis, By Type (Non-Resilient {Ceramic, Wood, Laminate, and Others}, Resilient {Vinyl, and Others}, Carpets & Rugs, {Tufted, Woven, and Others}), By End-Use (Residential and Non-residential), and Regional Forecast, 2019-2026

Industrial Fasteners Market Size, Share & Industry Analysis, By Material (Metal Fasteners, and Plastic Fasteners), By Product (Externally Threaded, Internally Threaded, Non-Threaded, and Aerospace Grade), By Application (Automotive, Aerospace, Building & Construction, Industrial Machinery, Home Appliances, Lawns & Gardens, Motors & Pumps, Furniture, and Others), and Regional Forecast, 2019-2026

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. 

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data. 

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US: +1-424-253-0390
UK: +44-2071-939123
APAC: +91-744-740-1245
Email: [email protected]

Fortune Business Insights™ 
Linkedin | Twitter | BLogs 
Read Press Release: https://www.fortunebusinessinsights.com/press-release/antimicrobial-coatings-market-9920

SOURCE Fortune Business Insights