In 2022, the global antimicrobial powder coatings market reached a valuation of approximately USD 1.5 billion, and it is projected to experience a significantly higher Compound Annual Growth Rate (CAGR) of over 11% from 2023 to 2030. The driving forces behind this market expansion include an increased emphasis on hygiene in healthcare, food, and consumer industries. The growing concern over infections and compliance with regulatory requirements is fueling demand, with advanced coating technologies providing durable protection against microbes. Additionally, factors like urbanization, industrial development, and the lingering effects of pandemics are further accelerating the adoption of these coatings. Sustainability and the emergence of new markets also play pivotal roles in the market’s growth.
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Market Trends:
According to the recent report published by RC Market Analytics, the Global Antimicrobial Powder Coatings Market is expected to provide sustainable growth opportunities during the forecast period from 2023 to 2030. This latest industry research study analyzes the antimicrobial powder coatings market by various product segments, applications, regions and countries while assessing regional performances of numerous leading market participants. The report offers a holistic view of the antimicrobial powder coatings industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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Geographically, the antimicrobial powder coatings market report comprises dedicated sections centering on the regional market revenue and trends. The antimicrobial powder coatings market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Antimicrobial powder coatings market estimates have also been provided for the historical years 2020 & 2021 along with forecast for the period from 2023 – 2030. The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, Italy, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
The Antimicrobial Powder Coatings Market Segmentation:
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Some of the major market players operating in the global antimicrobial powder coatings market are AkzoNobel N.V., PPG Industries, Inc., Axalta Coating Systems, Sherwin-Williams Company, PPG Industries, Inc., Nippon Paint Holdings Co., Ltd., RPM International Inc., Sono-Tek Corporation, and DuPont de Nemours, Inc.
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