The antimicrobial powder coatings market is projected to register a CAGR of 12.0%, in terms of value, between 2020 and 2025.
The antimicrobial powder coatings market is projected to grow from USD 1.5 billion in 2020 to USD 2.7 billion by 2025, at a CAGR of 12.0%, between 2020 and 2025. The market is majorly driven by increased demand from the medical & healthcare industry. This is mainly attributed to the growing awareness and government initiatives to prevent the spread of HAIs. As a precautionary measure, several medical device manufacturers and healthcare facilities have started applying antimicrobial powder coatings on their product.
The silver additive type segment is expected to hold the largest share of the overall antimicrobial powder coatings market during the forecast period.
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