Antimicrobial Coatings Market to be Worth $12.41 Billion by 2031
Antimicrobial Coatings Market by Product (Silver, Copper, Aluminum, Organic, Polymer), Form (Liquid [Solvent, Water Borne], Powder, Aerosol, Gel), Industry (Construction, Food, Medical, Pharmaceutical, Automotive, Machinery) – Global Forecast to 2031
The Antimicrobial Coatings Market is projected to reach $12.41 billion by 2031, at a CAGR of 10.8% from 2024 to 2031. The antimicrobial coatings help to keep surfaces pathogen-free by obstructing the growth of fungi, bacteria, and other parasites. Antimicrobial coatings provide long-lasting protection against these pathogens and help to keep hygiene in the environment. Moreover, antimicrobial coatings are used as sterilizers on medical devices such as catheters, urological tools, and medical electronics to reduce healthcare-associated infections. Furthermore, the growing adoption of antimicrobial coatings by various end users, such as food and beverage industries, material manufacturers, and aerospace industries, contributes to the market’s growth.
The growth of this market is driven by rising applications of antimicrobial coatings to reduce healthcare-associated infections, the increase in contaminated food recalls in North America and Europe, initiatives and funding for advancements in antimicrobial coatings, and rising demand for antimicrobial coatings in the food & beverage industry. Additionally, emerging economies, the introduction of antimicrobial coatings in the retail food marketplace, and rising space programs across the world are expected to offer significant market growth opportunities.
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