Antimicrobial Coatings Market Future Scope, Industry Insight, Key Takeaways, Revenue Analysis and Forecast to 2029


Posted January 2, 2023 by pranit10

Antimicrobial Coatings Market size was valued at USD 3 Bn. in 2021 and the total Antimicrobial Coatings revenue is expected to grow by 11 % from 2022 to 2029, reaching nearly USD 6.9 Bn.

 
Antimicrobial Coatings Market Overview

Chemical agents such as silver, copper, quaternary ammonium salts, and others are used to create antimicrobial coatings. These are used as surface coatings in a wide range of electronic devices. Because of factors such as high demand for consumer electronics, a growing manufacturing base, and urbanisation, the electrical and electronics sector is rapidly expanding. Total consumer electronics revenue in the United States is expected to rise 7.8% by 2023, according to OBERLO. According to the Japan Electronics and Information Technology Industries Association, consumer electronic equipment production in Japan increased from US$218 million in January 2022 to US$233 million in March 2022. (JEITA). Antimicrobial coatings' utility and applications in consumer electronics and other electrical devices are expanding as electronic device production and growth scope expand.

During the forecast period 2022-2029, global Antimicrobial Coatings Market is expected to grow steadily. Antimicrobial Coatings Market research provides insights on the latest trends. It outlines the key characteristics of the market, focusing not only on the major regions and applications, but also on the sectors of the major players who recorded the highest demand. It provides both qualitative and quantitative information on topics, challenges, and opportunities that will shape the growth of the market from 2022 to 2029.

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MMR Research Methodology Used for Antimicrobial Coatings market Report

This Antimicrobial Coatings Market analysis estimates the market size for value (million USD). Top-down and bottom-up approaches were used to estimate and validate the market size of the Antimicrobial Coatings market, as well as the size of several other dependent submarkets in the overall market. To identify important market participants, secondary research was utilised, and primary and secondary research were employed to determine their market shares. All percentage shares, splits, and breakdowns were calculated using secondary sources and confirmed primary sources.

Antimicrobial Coatings Market Segment Analysis

Using technology, Surface modifications and coatings were the dominant antimicrobial coatings market in 2021, accounting for more than 54.0% of global revenue. This high share is due to its ability to modify a material's surface by introducing physical, chemical, or biological properties that differ from those found on the material's surface. This modification is typically applied to solid materials, but there are examples of it being applied to the surface of specific liquids. Surface properties such as roughness, hydrophilicity, surface charge, surface energy, and biocompatibility can all be altered using a variety of techniques. The formation of biofilm on the surface of an orthopaedic implant is one of the most serious problems for patient prognosis and raises the overall cost of patient treatment.

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Antimicrobial Coatings Market Key Palyers

Axalta Coating System (US)
DuPont (US)
Hydromer (US)
PPG Industries Inc. (US)
RPM International Inc. (US)
Sciessent LLC (US)
Sono-Tek Corporation (US)
Specialty Coating Systems Inc. (US)
The Sherwin-Williams Company (US)
Covalon Technologies Ltd (Canada)
Biointeractions Ltd (UK)
DSM (Netherlands)
Akzo Nobel NV (Netherlands)
AST Products Inc. (Massachusetts)
BASF SE (Germany)
Objective of the Antimicrobial Coatings market Report

Investigate and analyse global Antimicrobial Coatings market size (value and quantity) by companies, key regions / countries, products and applications, historical data from 2017 to 2021, and forecasts by 2029.
Understand the structure of Antimicrobial Coatings. Enter the market through the classification of various sub-segments.
Share detailed information on key factors that influence market growth (industry trends, opportunities, drivers, challenges, and market risks).
Define, explain and analyse sales volume, value, market share, market competitiveness, SWOT analysis, and future growth plans with a focus on key global Antimicrobial Coatings manufacturers.
Analyse Antimicrobial Coatings in relation to specific growth trends, outlooks, and contributions to the global market.
To project the value and volume of Antimicrobial Coatings submarkets, with respect to key regions (along with their respective key countries).
To analyse the economic and political market situation in the global, regional, and country level report includes, PESTEL analysis, PORTER`s 5 forces Analysis, COST analysis, and regulatory landscape also helps to find government contribution and restriction for the Antimicrobial Coatings market.
COVID-19 Impact on the Market

COVID19 has the potential to have three major effects on the global economy: directly impacting production and demand, causing supply chain and market disruption, and having a financial impact on businesses and financial markets. Our analysts, who are monitoring the situation throughout the world, believe that the market would provide producers with lucrative opportunities following the COVID19 dilemma. The purpose of the report is to provide a more detailed representation of the current circumstances, the economic slowdown, and the influence of COVID19 on the total industry.

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Tags antimicrobial coatings market
Last Updated January 2, 2023