The global breathable antimicrobial coatings market size is expected to experience a substantial growth during the forecast period. The growth is attributable to the increasing prevalence of tuberculosis and the growing focus on developing healthcare infrastructures that favors the demand for breathable antimicrobial coatings across the globe. This information is published by Fortune Business Insights in its upcoming report, titled, “Breathable Antimicrobial Coatings Market Size, Share & Industry Analysis, By Application (Mold Remediation, Textile, Food industry, Healthcare & Pharmaceutical, Others) and Regional Forecast, 2024-2032.”
Growing Demand for PPE amid COVID-19 to Favor Growth
The increasing number of patients has put enormous strain on healthcare services across the globe. The World Health Organization (WHO) has set up certain guidelines for medical professionals when treating the patients suffering from the novel coronavirus. These include wearing proper and fully covered personal protection equipment (PPE) and maintaining proper hygiene. The growing demand for PPE that is sprayed with breathable antimicrobial coatings to limit the growth of bacteria is expected to favor the market growth in the near future.
Breathable antimicrobial coatings are extensively adopted to arrest the growth of fungi and bacteria on any given surface. These coatings are used across several end-use industries such as construction, pharmaceutical, and healthcare. In addition to this, they are a preferred option for improving indoor air quality across the room and mold remediation.
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What does the Report Include?
The global market for breathable antimicrobial coatings report includes a detailed assessment of various growth drivers and restraints, opportunities, and challenges that the market will face during the projected horizon. Additionally, the report provides comprehensive research into the regional developments of the market that would affect its growth during the forecast period. It includes information sourced from the advice of expert professionals from the industry by our research analysts using several methodologies. The competitive landscape offers further detailed insights into strategies such as product launches, partnerships, merger and acquisition, and collaborations adopted by the companies to maintain market stronghold between 2019 and 2026.
DRIVING FACTORS
Increasing Prevalence of Tuberculosis to Aid Growth
The World Health Organization (WHO) reports that TB is among the top 10 causes of death and the major leading cause of a single infectious agent. In 2018, around 23% of the world’s population suffered from this infectious bacterial disease that claims around 1.5 million lives every year. The growing number of fungal and bacterial diseases is expected to drive the demand for breathable antimicrobial coatings that prohibit the growth of harmful microbes on the surface. In addition to this, the increasing focus on providing optimum healthcare by improving healthcare infrastructure is expected to bode well for the growth of the global breathable antimicrobial coatings market during the forecast period.
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REGIONAL INSIGHTS
North America to Dominate; Presence of Established Manufacturers to Surge Demand
Among all the regions, the market in North America is expected to hold the highest position in the global breathable antimicrobial coatings market in the forthcoming years. This is attributable to the presence of major manufacturers and distributors of breathable antimicrobial coatings across the region.
Asia-Pacific is anticipated to experience a considerable growth owing to the increasing adoption of the mask and the growing healthcare awareness amongst the consumers in countries such as South Korea and Japan between 2019 and 2026.
COMPETITIVE LANDSCAPE
Major Companies Focus on Product Launches to Strengthen Market Positions
The global breathable antimicrobial coatings market comprises of several small, medium, and large companies that are striving to consolidate their position by developing new breathable antimicrobial coatings. Additionally, the key players are adopting strategies such as merger and acquisition, collaboration, and partnership that are expected to bode well for the market growth in the forthcoming years.
Industry Development:
- August 2020 – Taf-heem Group announced the launch of first ever reusable antibacterial protective fabric masks that meet the standards set by the Dubai Municipality laboratory.
List of the Companies Profiled in the Global Market for Breathable Antimicrobial Coatings:
- Stahl Holdings B.V.
- Covalon Technologies Ltd.
- NIKRO Industries, Inc.
- Pharmaplast
- B. Fuller Construction Products Inc.
- I. du Pont de Nemours and Company
- Novapura AG
- SANITIZED AG
- Paradigm Labs, Inc.
- Others
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