Antimicrobial Coatings Market was expected to be worth USD 4.99 billion in 2021. This market is growing at a CAGR of 14.1% to reach USD 7.29 billion by 2026.

Antimicrobial Coatings is an application of a chemical agent on a surface that can stop the growth of disease-causing micro-organisms. Apart from increasing the surface's durability, appearance, corrosion resistance, etc., these coatings also protect from harmful disease-causing microbes; these are the main factors that have considerably increased the demand for the Antimicrobial Coatings in the market, thereby driving the huge growth of the Antimicrobial Coatings market in the upcoming years

Market Drivers and Restrains:

The main factors that have considerably increased the demand for the Antimicrobial Coatings in the market is mainly due to the help to minimize the spread and risk of microbes and germs that are usually present on high touch surface areas such as switches, doorknobs, and others, in healthcare facilities. In addition, antimicrobial coatings are used on catheters, surgical devices, medical instruments & trays, and medical electronics in order to minimize the risk of spreading infections. Other examples such as medical fabrics, gloves, surgical masks, bandages, and woven & non-woven hospital textiles, use antimicrobial coating products for minimizing the risk of healthcare associated infections. Coupled with technological advancement, antimicrobial coatings can also be used on medical implants, which are driving their demand in the global market. For instance, according to the European Centre for Disease prevention and Control, over 4 million people are acquiring HAIs, which in turn has led to death of 37,000 people annually; these are the main factors that have considerably increased the demand for the Antimicrobial Coatings in the market, thereby driving the huge growth of the Antimicrobial Coatings market in the upcoming years

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Report is segmented as:

Antimicrobial Coatings Market is segmented on the basis of by:

By Type

Copper
Silver
Polymer
Others
By application

Healthcare
Textiles
Building
Construction
Meld remediation
Indoor house applications, food
Geographical Segmentation:

Antimicrobial Coatings Market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa and rest of world. North America has the dominant share in the Antimicrobial Coatings is due to the increases the tendency of microbial growth such as microorganisms and algae that in turn leads to bio fouling of these vessels and equipment these are the main factors that have considerably increased the demand for the Antimicrobial Coatings in the North America, followed by Europe, Asia Pacific, Latin America and Middle East & Africa will register a slower increase in the Antimicrobial Coatings Market

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Impact of COVID-19 on Market

Covid -19 pandemic has affected almost every industry, and the long-term effects are projected to impact the Antimicrobial Coatings growth during the forecast period. Covid-19 pandemic has impacted huge on the sales revenue of Antimicrobial Coatings market .The restrictions and lockdown imposed by the government in several countries has slow down the market and decrease the demand for Antimicrobial Coatings, In recent days relaxation in restrictions by the government and people are getting vaccinated to stop the spread of corona virus are expecting to raise the Antimicrobial Coatings market growth

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