Mon, 18 Oct 2021

According to the new market research report "Antimicrobial Coatings Market by Type (Silver, Copper, Titanium Dioxide), Application (Medical & Healthcare, Food & Beverage, Building & Construction, HVAC System, Protective Clothing, Transportation), & Region – Global Forecast To 2025", The global antimicrobial coatings market size is projected to grow from USD 3.3 billion in 2020 to USD 5.6 billion by 2025, at a CAGR of 10.7% between 2020 and 2025. The growth is attributed to the growing adoption of antimicrobial coatings across several industrial applications to ensure the utmost safety from the bacteria, pathogens, and other microbes.

Don't miss out on business opportunities in Antimicrobial Coatings Market

Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1297

By type, the silver-based segment accounted for the largest share in the overall antimicrobial coatings market. It is used widely due to its properties, such as high efficacy rate, long-lasting effect, durability, and strength, among others. Also, the higher efficiency and low toxic nature compared to other types support the growth of the market. Also, increasing penetration in the medical & healthcare, protective clothing, food & beverage, and HVAC system applications.

The medical & healthcare segment led the overall antimicrobial coatings market in 2019, both in terms of value and volume. In the medical & healthcare industry, the growing concern about hospital-acquired infections (HAIs) and its related impact on humans are major driving factors for the antimicrobial coatings market. There has been a significant increase in the patient pool across the globe due to the COVID-19 pandemic. For the treatment of these patients, temporary hospitals and facilities have been established in several countries, wherein the utmost care has been taken to avoid the spread and growth of the COVID-19 virus and other bacteria on the surfaces. For the same, these temporary and existing healthcare facilities are applying antimicrobial coatings on the surfaces, such as door handles, trails, beds, healthcare instruments, and medical devices used for the treatment.

Browse and in-depth TOC on "Antimicrobial Coatings Market – Global Forecast to 2025"

163 – Tables 44 – Figures 204 – Pages

View more detailed TOC @ https://www.marketsandmarkets.com/Market-Reports/antimicrobial-coatings-market-1297.html

The global market size for antimicrobial additives was USD 2.67 Billion in 2015 and is projected to reach USD 3.95 Billion by 2021, registering a CAGR of 6.7% between 2016 and 2021. New product launches, expansions, and contracts & agreements are the strategies adopted by the key players to strengthen their foothold in the global antimicrobial additives market. The maximum number of strategic developments undertaken between 2011 and 2016 took place in North America, followed by Asia-Pacific and Europe.

The key players operating in the global antimicrobial additives market are BASF SE (Germany), The Dow Chemical Company (U.S.), Clariant AG (Switzerland), A. Schulman, Inc. (U.S.), Polyone Corporation (U.S.), Sanitized AG (Switzerland), Microban International (U.S.), Biocote Limited (U.K.), King Plastic Corporation (U.S.), and Steritouch Ltd. (U.K.) among others.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1297

The Dow Chemical Company (U.S.) is one of the leading antimicrobial additives manufacturers, globally. The company has been focusing on new product launches to maintain its leading position in the market. For instance, in May 2015 Dow Microbial control, a business group of The Dow Chemical Company, launched a product-KATHON Antimicrobial. This new product helps to control microbial biofilms, bacteria, fungi, and algae. This helps the company to strengthen its position in the global antimicrobial additives market. The company also launched Silvadur Antimicrobial in the same month. The product is a patented polymer technology that utilizes silver ions to kill odor-causing bacteria.

BASF SE (Germany) is another major player in the global antimicrobial additives market. The company has been focusing on new product launches and joint ventures as part of its strategic development activities. In April 2016, the company added MasterTop TC 417W to its Master Builders Solutions brand. The new product is a clear, transparent, water-based polyurethane topcoat. The product has antibacterial activity in accordance with ISO 22196:2011. The product is mainly used in applications such as hospitals, schools, cafeterias, offices, or exhibition centers.

Browse Adjacent Markets @ Chemicals Market Research Reports & Consulting

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441 Email: newsletter@marketsandmarkets.com Research Insights: https://www.marketsandmarkets.com/ResearchInsight/antimicrobial-coatings-market.asp

Tags: , , , , , , , , ,

See Campaign: http://www.marketsandmarkets.com/Market-Reports/antimicrobial-coatings-market-1297.htmlContact Information:Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: newsletter@marketsandmarkets.com

Research Insights: https://www.marketsandmarkets.com/ResearchInsight/antimicrobial-coatings-market.aspTags:PR-Wirein, Reportedtimes, Menafn, Extended Distribution, Research Newswire, English

More Boston News

Access More

Sign up for Boston News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!