Industry Analysis

THE ANTIMICROBIAL MARKET

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TRENDS INFLUENCING THE ANTIMICROBIAL MARKET

1. Increasing Adoption in Healthcare

2. COVID-19 Outbreak

3. Rising World Population

INSIGHTS INTO HOW THE MARKET WILL CHANGE IN THE FUTURE

1. Silver-based Antimicrobial Coatings to Dominate

  • Various factors are anticipated to have a significant impact on the antimicrobial market, including technological advancement, new product development, and continued adoption among several industrial applications.
  • Importantly, research by Globe Newswire predicts that in the future, silver-based antimicrobial coatings will witness the highest compound annual growth rate (CAGR) from 2020 to 2025.
  • According to research, the silver-based antimicrobial coatings market is anticipated to experience the fastest growth during the forecast period, both in terms of value and volume.
  • Importantly, the increase in this segment is being influenced by the “high efficacy rate, long-lasting effect, low toxicity, and suitability with the industrial application” attributes of silver-based microbial

2. North America to Account for the Biggest Market Share

GLENN TREVOR
Glenn is the Lead Operations Research Analyst at Simple Manifestation with experience in research, statistical data analysis and interview techniques. A holder of degree in Economics. A true specialist in quantitative and qualitative research.

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