Antimicrobial Coatings Market Generated Around $3 6 Billion Revenue in 2020: P&S Intelligence prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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New York, May 25, 2021 (GLOBE NEWSWIRE) Reportlinker.com announces the release of the report Residential Architectural Coatings Market Research Report by Resin Type, by Technology, by Application, by Distribution Channel, by Consumer Type - Global Forecast to 2025 - Cumulative Impact of COVID-19 - https://www.reportlinker.com/p05911376/?utm source=GNW
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The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. This helps organization leaders make better decisions when currency exchange data is readily available.
1. The Global Residential Architectural Coatings Market is expected to grow from USD 31,010.54 Million in 2020 to USD 36,706.68 Million by the end of 2025.
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The global decorative coatings market by revenue is expected to grow at a CAGR of over 5% during 2021-2026.
The introduction of anti-microbial coatings is expected to boost the global decorative paints market growth. These coatings use chemicals to prevent the growth of disease-causing micro-organisms. They provide lasting and effective protection against harmful bacteria, mold, and fungi.
A growing concern for cleanliness in several surroundings has led to the continued growth of the market. Due to the outbreak of the COVID-19 pandemic and the growth of healthcare-associated infections (HAIs), the importance of anti-microbial decorative coating has grown significantly. Hospitals, schools, and food production facilities are experiencing the high application of anti-microbial paints as these places are susceptible to bacterial and microbial growth.