Report ID: SQMIG15E2351
Report ID:
SQMIG15E2351 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
128 |
Figures:
77
Antiviral And Antimicrobial Coatings Market Driver
Over the last century, the problem of microbial infection has been largely met, and the need to maintain proper hygiene and limit the spread of infectious agents persists. As seen by the global COVID-19 pandemic, new viruses may infiltrate the human population through animal reservoirs, and resistance to antimicrobial medicines develops, particularly in microorganisms such as bacteria, where genetic determinants are rapidly shared between pathogens. Healthcare facilities and government agencies are major places for illness transmission. Their users are frequently immunocompromised and more vulnerable to infection than the general population.
Antiviral And Antimicrobial Coatings Market Restraint
As compared to typical coating solutions, the expense of antiviral and antimicrobial coating is enormous. Consumer preferences in underdeveloped nations are mostly determined by the price of the product. Furthermore, low purchasing power, low per capita income, and limited knowledge of antimicrobial coatings in developing nations compared to industrialised countries resulted in the market's rapid expansion. Furthermore, the need for specialised labour to apply antimicrobial coatings is impeding the growth of the Antiviral and Antimicrobial Coatings Market.
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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