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The antimicrobial coatings market size is estimated to reach USD 5,549.6 million by 2025, at a CAGR of 10.7% between 2020 and 2025.
The major players in this market are AkzoNobel N.V. (Netherlands), DuPont de Nemours, Inc. (US), Axalta Coating Systems (US.), PPG Industries (US), Nippon Paint Holdings Co., Ltd. (Japan) and The Sherwin Williams Company (US).
Stringent regulations and growing adoption among end-users are projected to drive the antimicrobial coatings market.
The global market has witnessed growth primarily due to stringent government regulations to prevent the spread of healthcare-acquired infections (HAIs) and to ensure paramount safety & hygiene in the medical and healthcare sector. Due to the COVID-19 pandemic, the demand for antimicrobial coatings has been increasing drastically in the medical & healthcare industry. Factors such as technological advancement, new product development, and