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Global Anti-microbial Coatings Market Insight January 4, 2022 Comments

The Anti-microbial Coatings is forecast to steady increase over the next four years. According to the World Knowledge Information (WKI) “Global Anti-microbial Coatings Professional Survey Report 2021, Forecast to 2026”, With the rapid increase in the number of people with health problems and the impact of the COVID-19, the Anti-microbial Coatings industry is developing at an incredible speed. The compound annual growth rate (CAGR) for the 2021-2026 period is projected to be 10% base on WKI regression analysis model.

Analysts’ Viewpoint:

“The health of people in the current era is being threatened.” said James Mosca, Senior analyst, Chemical & Material Market Research Center in WKI. “Because of environmental influences and raging diseases, more and more people are at health risks. In the medical field, anti-microbial coatings are urgently needed to improve the current situation.”

Market insight:

According to the World Health Organization, the number of people dying from Infectious diseases and infections is increasing, and risk of infection for physicians and nurses while treating patients is increasing, which makes people pay more and more attention to methods to reduce infections, thereby increasing the use of Anti-microbial Coatings.These coatings are used majorly on surgical devices as they help in inhibiting the spread of germs and bacteria among patients, doctors, and caretakers. In the healthcare industry, anti-microbial coatings are also used for surgical masks, gloves, bandages, wound dressing, and hospital textiles (woven and non-woven), among others, which is the main factor driving the development of the market.

There are still some factors that market participants must consider. Lack of technological awareness regarding anti-microbial coatings in developing and under-developed nations are expected to hinder the growth of the studied market. Thus, promote medical prevention standards will be one of the focuses of future Anti-microbial Coatings development.

Competition Landscape:

In April 2020, BIO-FENCE developed innovative antimicrobial coating technology for use against bacteria and viruses. This exclusive solution is offered for protecting public areas against the coronavirus. More and more market participants will participate. However, the anti-microbial coatings market is a fragmented market, with numerous players holding a small share of market demand. This WKI market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Anti-microbial Coatings companys that include Akzo Nobel NV, BASF SE, The Sherwin-Williams Company, PPG Industries Inc., and Lonza.

Segmentation of Anti-microbial Coatings Market:

According to the type, the market for Anti-microbial Coatings is divided into Polymeric and Organic. Extensive product availability and convenient access methods have promoted the growth of this market segment. In addition, The anti-microbial coating is used to stop the growth of microbes. There are two types of anti-microbial coatings, including active and passive anti-microbial coatings. Active anti-microbial coatings release antibacterial agents, including bioactive molecules and antibiotics, and passive anti-microbial coatings resist bacterial attachment by killing the bacteria after the contact, this characteristic will stimulate demand in market segments. Anti-microbial Coatings are applied to many medical devices and equipment, such as surgical instruments, surgical masks, gloves, bandages, wound dressings and hospital textiles. Using Anti-microbial Coatings will form a barrier to germs to provide stronger protection. Among the previously mentioned applications, medical materials have a maximum usage of anti-microbial coatings. In addition, Anti-microbial Coatings are applied to buildings in public and high-traffic areas to inhibit the spread of disease-causing pathogens.

Anti-microbial Coatings Market: Regional Analysis

In terms of geography, the global Anti-microbial Coatings market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. North America is currently the leading regional market for Anti-microbial Coatings due to growing concern for health and hygiene maintenance by the majority of the population in the region and considerably increase in positive cases of COVID-19 disease in the US and states in 2021. The North American region dominated the global market share, continuous innovation in the healthcare industry and increasing production of processed food have been majorly driving the region’s growth. As for other regions, Asia, due to the increasing awareness of hygiene in the most populous countries such as India and China, the aging of the population is increasing, and the incidence of chronic and communicable diseases is rising. This has led to more and more attention to methods of reducing infections.

Cagr: 10%
Region with the largest share: North America
The country with the largest share in the largest share region: the Unite States