Antimicrobial Coatings Market, By Type, Forecast 2022-2028
A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that global antimicrobial coatings market was worth USD 3.3 billion in the year 2020. According to the study, the market is estimated to grow at a CAGR of 10.5%, earning revenue of around USD 6.6 billion by the end of 2027. The global antimicrobial coatings market is gaining significant traction because of its prominent use in healthcare, HVAC systems, construction, and other industries. Increasing hospital-acquired infections (HAIs, and using antimicrobial coatings to sterilize medical devices are also driving growth in the antimicrobial coatings market. Antimicrobial coatings are used to kill microbial attacks and prevent their growth and spread. During the forecast period, demand for antimicrobial coatings is likely to expand due to the increased construction of hospitals and other healthcare facilities, residential buildings, offices, and o...