Strong Utilization of Antimicrobial in Disease Prevention to enhance Business Prospects

The increasing application of antimicrobial coatings in healthcare facilities are often a vital factor in inflating the demand of the market. as an example, Healthcare-related infections (HCAI), also referred to as nosocomial infections lead to a high rate of morbidity and mortality in patients.

As per the planet Health Organization, Fact Sheet, many millions of patients are affected by healthcare-associated infections worldwide each year, resulting in significant mortality and financial losses for health systems.

The rising awareness regarding the benefits of active ingredients found in antimicrobial coatings to prevent microbial growth in the wall, door handles and other indoor objects ill accelerate the antimicrobial coatings market growth states

The global antimicrobial coatings market  size is predicted to reach USD 8,650.7 Million by 2027, exhibiting a CAGR of 11.5% during the forecast period.

Fortune Business Insights during a research, titled Antimicrobial Coatings Market Size, Share & Industry Analysis, By Type (Metallic {Silver, Copper, and Others}, and Non-metallic {Polymeric, and Others}), By Application (Medical & Healthcare, Indoor Air / HVAC, Mold Remediation, Building & Construction, Food & Beverage, Textile, and Others), and Regional Forecast, 2020-2027” the market size stood at USD 3,690.0 Million in 2019.

The rising prevalence of diseases will spur significant demand for antimicrobial coatings in prevention and protection against mold, fungi, and bacteria during the forecast period.

The rising cases of HCAI within the developing nations will create opportunities for the market. the planet Health Organization, states in high-income countries, approximately 30% of patients in medical care units (ICU) are affected by at least one healthcare-associated infection.

Likewise, the ecu Center for Disease Prevention and Control (ECDC) estimates that about 4.1 million acute care patients develop an HCAI annually, with 37,000 deaths directly attributed to HCAI.

The increasing cognizance of HCAI and pandemics like COVID-19 will lead to the improvement in the safety and hygiene of patients in hospitals, which, in turn, will aid the expansion of the market.

Also, the rising concertation to stop the growth of microbes, which may lead to infections or cause product degradation will foster healthy growth of the market.

Key Players Assessment during this Research:

• The research offers detailed analysis of leading companies within the market across the globe.

• It provides details of the main vendors involved in this market

• A comprehensive overview of every company including the company profile, generated revenue, pricing of products and the manufactured products is incorporated in the research.

• The facts and figures about market competitors together with standpoints of leading market players are presented in the research.

• The recent developments, mergers and acquisitions associated with mentioned key players are provided in the market research.

Hazardous Effects of Antimicrobial on the Environment to limit Growth

The toxic agents found in antimicrobial coatings can cause severe environmental damage, which may consequently dampen the growth of the market. Active ingredients released from the coatings find yourself in different locations, thus resulting in microbiota exposure and potential adversities for the environment.

The rising knowledge of antimicrobial coatings risk-factors is probably going to dwindle the market revenue during the forecast period.

The biocidal products are potentially lethal, i.e. they exhibit toxic properties to varied types of cells or organisms due to inhibition of target organism proliferation such as pathogenic bacteria or microorganism biofilms.

The Global Market Research/Analysis Research Contains Answers to your following Questions

Which Manufacturing Technology is used? What Developments Are happening in That Technology? Which Trends Are Causing These Developments?

Who Are the worldwide Key Players in the Market? What are Their Company Profile, Their Product Information, and get in touch with Information?

What Was Global Market Status of? What Was Capacity, Production Value, Cost and PROFIT?

What Is Current Market Status? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s marketing research by Taking Applications and Types in Consideration?

Favorable Laws and Policies Will Strengthen Market in North America

The market size in North America stood at USD 1,383.5 million in 2019. North America and is probably going to remain dominant during the forecast period. the expansion in the region is attributed to the rising demand for antimicrobial coatings in indoor air / HVAC and medical applications.

Favorable Healthcare Policies and laws will further promote the market in North America. The rising demand from the food & beverages and garment industry in the U.S. and Canada will support the expansion in North America.

The increasing living standards of individuals along with the rising healthcare spending in the U.S. will further aid the event of the market.

The growing innovation within the healthcare industry and the growing production of processed foods will contribute positively to the market in North America.

January 2019: Akzo Nobel N.V., a worldwide leader and produced of powder coatings, announced that its Interpon AM range, containing BioCote antimicrobial protection was selected to be applied on 2,350 door handles in Abu Dhabi clinic. This coating combats the expansion of microbes such as bacteria and mold.

The Research Lists the most Companies in the Antimicrobial Coatings Market

Akzo Nobel N.V. Axalta Coating Systems PPG Industrial Coatings John Desmond Limited BASF SE Nippon Paint (India) Company Limited the Sherwin-Williams Company DuPont Damond Vogel

Related Articles

Back to top button