The antimicrobial coatings market in North America is expected to grow from $1,318. 96 million in 2020 to US$3,050. 91 million in 2028; it is estimated at a CAGR of 11.1% from 2020 to 2028. North America is the largest market for antimicrobial coatings as many major antimicrobial coating manufacturers are located in the region.
New York, Aug. 30, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “North America Antimicrobial Coatings Market Forecast to 2028 – COVID-19 Impact and Regional Analysis By Raw Material, Application” – https://www.reportlinker.com/p06103247/?utm_source=GNW
In addition, substantial investments in strengthening the health care system are the main factors contributing to the market growth in this region. Furthermore, rising demand for non-residential construction projects, such as hospitals, schools and colleges, is supporting the growth of the antimicrobial coatings market in North America. HVAC system manufacturers apply antimicrobial coatings to the surfaces of their products to ensure the necessary air quality by inhibiting the growth of mold and bacteria, thereby meeting stringent indoor air quality regulations. In addition, the introduction of the “Affordable Healthcare Act” in the US has encouraged the construction of health services and hospitals. In addition, increasing customer awareness of the benefits of antimicrobial textiles in wound healing and first aid kits is increasing the demand for these coatings.
In North America, the US has witnessed an unprecedented rise in the number of COVID-19 cases, which has led to the cessation of production of antimicrobial coatings. months of 2020.
A similar trend was observed in other North American countries, namely Mexico, Canada, Panama and Costa Rica. However, North America is likely to recover from the ill effects of the COVID-19 pandemic, and economic activity has gradually resumed since early 2021.
Based on application, the antimicrobial coatings market in North America is segmented into medical, HVAC, mold remediation, building and construction, food and beverage, and others. The medical segment led the antimicrobial coatings market in North America in 2019.
Antimicrobial coatings are used in medical devices to stop the growth of microorganisms. In addition, the growing need for healthcare services generates the demand for advanced technologies and equipment.
In addition, increasing traction on biocompatible, non-toxic and biostable antimicrobial coatings in catheters, implantable and surgical instruments would drive market growth in the coming years. The COVID-19 pandemic is expected to drive demand for medical devices with antimicrobial coatings.
Bacteria are the cause of most infections associated with medical device implantation. Pathogens that cause hospital infections are a major threat to clinics and hospitals. To prevent these infections, medical devices are treated with antimicrobials.
The market size of antimicrobial coatings in North America has been derived using both primary and secondary sources. To begin the research process, extensive secondary research was conducted using internal and external sources to obtain qualitative and quantitative information related to the market.
The process also serves to provide an overview and forecast for the North American antimicrobial coatings market across all segments related to the region. Multiple primary interviews were also conducted with industry participants and commentators to validate the data. to gain more analytical insight into the subject.
The participants in this process include industry experts such as VPs, business development managers, market intelligence managers and national sales managers – along with outside consultants such as valuation experts, research analysts and key opinion leaders – who specialize in the North American antimicrobial coatings market. Some of the major companies operating in the market include Cupron, Alistaten Corporation; AK Coatings Inc.; Optical fiber; Microban International Ltd.; PPG Industries Inc.; Akzo Nobel NV; DuPont de Nemours, Inc.; Nano-Care Deutschland AG and Axalta Coating Systems.
Read the full report: https://www.reportlinker.com/p06103247/?utm_source=GNW
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