The latest report published by Reports and Data is a work of meticulous research on the global Antimicrobial Coatings industry. It delves into the core structure of the industry to highlight its key segments and various micro-economic and macro-economic factors that influence industry growth. The report elucidates the key market dynamics such as market size, market share, market growth drivers, restraints, threats, and opportunities using advanced analytical methods including SWOT analysis and Porter’s Five Forces analysis. It further offers market revenue growth in terms of gross profits, regional market revenues, industry revenue growth rate, sales statistics, manufacturing costs, production & consumption, supply & demand, and key market players’ financial standing.
The Antimicrobial Coatings market report offers latest updates on the COVID-19 situation of the market, as well as the profound changes that followed the outbreak. In the COVID-19 Impact Analysis section of the report, major focus has been laid on the severe effects of the pandemic on the industry’s functioning. Moreover, market experts at Reports and Data offer research-backed insights into the Antimicrobial Coatings industry and identify the key barriers to industry growth. The aim of this report is to enable businesses to optimize their growth strategies and capitalize on the emerging opportunities.
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Further key findings from the report suggest
- The antimicrobial powder coatings are expected to grow with a high CAGR due to the stringent regulations in the foodservice industry. A rise in the prevalence of bacterial infection coupled with cross-contamination of ingredients, will drive the demand. The antimicrobial coating is useful against spores, viruses, and bacteria. Moreover, their compatibility with surfaces such as containers, plastics, metals, and walls will boost the market share.
- Antimicrobial coatings are used in several end-use industries, and air conditioning and ventilation systems are among them. The antimicrobial is used in vents, mechanicals, and related surfaces. With an increase in public attention for odor-causing mold and mildew, bacteria, users are finding unique ways to address the concern.
- North America is forecasted to hold a large market share in the year 2027. The region is the fastest-growing sector due to technological advancements, continuous research, and development. Similarly, Europe, due to the increased awareness about hygiene, has been growing at a CAGR of 10.9%. Large investments for research and development have been put to use in the above-mentioned regions.
- Key participants include AkzoNobel N.V., BASF SE, Diamond Vogel, Axalta Coating Systems, Nippon Paint Company Ltd., PPG Industries Inc., Royal DSM, RPM International Inc., DuPont, and The Sherwin-Williams Company, among others.
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For the purpose of this report, Reports and Data have segmented the global Antimicrobial Coatings Market on the basis of type, application, distribution channel, and region:
Type Outlook (Revenue, USD Billion; 2017-2027)
- Antimicrobial powder coatings
- Surface modifications and coatings
Application Outlook (Revenue, USD Billion; 2017-2027)
- Sanitary Facilities and Kitchen
- Air Conditioning and Ventilation Systems
- Food Processing and Packaging
- Antimicrobial Textile market
- Mold Remediation
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Saudi Arabia
- Rest of MEA
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Reasons to purchase this report:
- The industry analysis report offers actionable insights into the global Antimicrobial Coatings industry and discusses the major growth propellers, limitations, opportunities, and challenges existing in the market.
- The report closely investigates the present and historical market scenarios to help readers predict the market situation over the next seven years.
- The report systematically profiles the leading companies operating in the Antimicrobial Coatings market, and, at the same time, highlights their long-term business expansion strategies.
- In-depth scrutiny of the Antimicrobial Coatings business landscape with accurate market projections for the forecast period.
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