The global Antimicrobial Coatings Market reached a valuation of over USD 3.6 billion by 2019. It is expected to witness a compound annual growth rate of 10.5% from 2020 to 2026. At this growth rate, the market is anticipated to achieve a valuation of nearly USD 7.2 billion by 2026.
Antimicrobial coatings when applied to surfaces inhibit microbial contamination. These coatings are largely utilized in medical devices while its other applications include doors, glass panels, textiles, gloves, etc.