Report ID: SQMIG15E2351
Report ID:
SQMIG15E2351 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
128 |
Figures:
77
Global Antiviral and Antimicrobial Coatings Market is divided into five major regions: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa (MEA).
In 2021, Asia Pacific is estimated to dominate the Antiviral and Antimicrobial Coatings Market. The presence of a huge patient pool with chronic illnesses, as well as considerable investment to expand the healthcare system, is credited to the rise. In addition, ongoing investments in the region's healthcare sector will boost market growth. Furthermore, in response to the severe laws governing indoor air quality, HVAC system manufacturers are putting antimicrobial coatings on surfaces to maintain the appropriate air quality by limiting the growth of mould and bacteria.
The rising demand for indoor air / HVAC and medical applications is driving market expansion in North America. Policy changes and health-care enterprises are projected to drive growth in the region. The food and beverage and garment businesses in the United States and Canada are increasing, which will drive regional demand. High living standards in the United States, along with rising government healthcare spending, are expected to drive market demand. Continuous innovation in the healthcare business, as well as increased manufacturing of processed foods, are driving market expansion.
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REQUEST FREE CUSTOMIZATIONAntiviral And Antimicrobial Coatings Market size was valued at USD 3.2 billion in 2019 and is poised to grow from USD 3.44 billion in 2023 to USD 5.53 billion by 2031, growing at a CAGR of 7.5% in the forecast period (2024-2031).
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Report ID: SQMIG15E2351