Portland, OR, Oct. 22, 2020 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global anti-microbial coatings market generated $4.0 billion in 2019, and is estimated to garner $11.6 billion by 2027, registering a CAGR of 13.3% from 2020 to 2027. The report provides an extensive analysis of changing market trends, top winning strategies, key investment pockets, major segments, and competitive scenario.
Increase in demand for protective clothing, rise in implementation for medical applications, and application in indoor air/HVAC fuel the growth of the global anti-microbial coatings market. However, insufficient R&D activities hinder the growth of the market. On the other hand, rise in investments by market players and governments present new opportunities in the next few years.
Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/7778
Covid-19 Scenario:
- Researchers from various universities have been studying the efficacy of anti-microbial coatings in prevention of the Covid-19 spread. The University of Arizona (UA) researchers outlined that these coatings are capable of eliminating coronavirus for 90 days once applied.
- The demand for this type of coatings gained a huge momentum for application on walls, glass, floors, and railings of hospitals, schools, residential areas, commercial zones, and institutions.
- Owing to widespread rise in demand, a supply-demand gap has been created. Till the operations get back on track as the post-lockdown period arrives, the supply is expected to increase.
The report offers a detailed segmentation of the global anti-microbial coatings market based on type, coating material, application, form, and region.
By type, the anti-bacterial segment contributed to the highest market share in 2019, holding nearly two-thirds of the global anti-microbial coatings market, and is expected to continue to lead throughout the forecast period. Moreover, this segment would witness the highest CAGR of 13.6% from 2020 to 2027. The report also discusses segments such as anti-fungal, anti-viral, and others.
Get Detailed COVID-19 Impact Analysis on the Anti-Microbial Coatings Market @ https://www.alliedmarketresearch.com/request-for-customization/7778?reqfor=covid
By coating material, the silver segment accounted for the highest market share with more than one-third of the market in 2019, and is expected to maintain its lead position throughout the forecast period. However, this segment is estimated to register the highest CAGR of 13.7% during the forecast period. The research also explores segments such as graphene, titanium dioxide, copper, and others.
Geographically, North America contributed to the highest market share, accounting for more than two-fifths of the global market in 2019, and is projected to maintain its highest contribution by 2027. However, Asia-Pacific is expected to manifest the highest CAGR of 13.8% from 2020 to 2027.
Key players of the global anti-microbial coatings market include Arkema SA, PPG Industries, Inc., Nippon Paints Holdings, Co. Ltd., BASF SE, Akzo Nobel N.V., Bio-Fence, Biomerics, DuPont De Nemours, Inc., nano-Care Deutschland AG, Axalta Coating Systems, LLC, and The Sherwin-William Company.
Interested in Procuring this Report? Visit Here: https://www.alliedmarketresearch.com/anti-microbial-coatings-market/purchase-options
Avenue Basic Plan | Library Access | 1 Year Subscription |
Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.
Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter
Get more information: https://www.alliedmarketresearch.com/library-access
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.