According to the MarkNtel Advisors research report, “The Middle East & Africa Antimicrobial Coatings Market Analysis, 2021,” the market shall grow at a CAGR of 8% in the forecast period of 2021-26. It prominently owes to the rapidly rising healthcare-associated infections and the increasing use of antimicrobial coatings to sterilize medical devices. Furthermore, factors like a rising instance of infectious diseases, augmenting urbanization, and the lifestyle shift of consumers are also propelling the market growth.
Key questions answered in the study
1. What are the current and future trends in the Middle East & Africa Antimicrobial Coatings Market?
2. How has the market been evolving in terms of end-user demand and application areas?
3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the Middle East & Africa Antimicrobial Coatings Market?
5. What is the customer orientation, purchase behavior, and expectations from the Middle East & Africa Antimicrobial Coatings Market service provider across various countries?
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Impact of Covid-19
The outbreak of the Covid-19 pandemic is unfavorably affecting multiple economies & industries as the governments inflict lockdown across countries. It also brought in several challenges like travel bans and business shutdowns. Of all end-users, the chemical & materials sector suffered severe disruptions like breaks in the supply chain, cancellation, or delays of technology events, etc., reducing the usual market growth rate. However, with the progressive upliftment of lockdown and other restrictions, the market shall witness a robust growth rate in the forecast years.
Copper to Attain the Fastest Market Growth
Among different coating types, Copper is likely to attain the fastest market growth in the forecast years. It owes to the number of benefits like its potency & chemical stability being an active ingredient. These copper ions enter the organism by splitting down the cell membrane of bacteria or the coat of a virus. It binds essential protein enzymes in the body, leading them to malfunction and eventually destroy the disease-causing organism. Hence, the Copper segment is likely to witness a flooding demand and fuel the overall market growth in the forecast years.
“The Middle East & Africa Antimicrobial Coatings Market Analysis, 2021” provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Antimicrobial Coatings providers across the countries. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.
According to MarkNtel Advisors, the leading players in the Middle East & Africa Antimicrobial Coatings Market are AkzoNobel, Nippon Paint Dow Chemical, BASF SE, Lonza Group, Axalta Coating Systems, Diamond Vogel, Sherwin-Williams, RPM International Inc., Royal DSM.
Market Segmentation:
1. By Type (Silver, Copper, Titanium Oxide, Others (Zinc, Quaternary Ammonium Biocides, etc.))
2. By Application(Medical & Healthcare, HVAC System, Building & Construction, Textile, Food & Beverage, Others (Transportation, Home Appliance, etc.))
3. By Country (Saudi Arabia, UAE, Qatar, Oman, South Africa, Nigeria, Algeria, Morocco, Others)
4. By Competitors (AkzoNobel, Nippon Paint Dow Chemical, BASF SE, Lonza Group, Axalta Coating Systems, Diamond Vogel, Sherwin-Williams, RPM International Inc., Royal DSM)