Antimicrobial Coatings Industry Analysis And Segment Forecast till 2030
The global antimicrobial coatings market was valued at an estimated USD 11.39 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 13.9% from 2024 to 2030. This robust growth is driven by rising concerns over cleanliness and hygiene across various industries. Antimicrobial coatings are applied to surfaces to protect them from harmful microorganisms, including parasites, germs, bacteria, and other undesirable pathogens. These coatings are increasingly seen as a crucial solution to maintaining sanitary conditions in environments where cleanliness is critical. The application of antimicrobial coatings is expected to grow rapidly, particularly in areas such as hospitals and healthcare facilities, where cleanliness is paramount, as well as in kitchens and air conditioning and ventilation systems. One of the significant drivers of the market's growth is the rising concern over Hospital-acquired Infections (HAIs), as these infections pose seri...