Market Size of Antiviral Coatings Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 14.00 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Asia-Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Antiviral Coatings Market Analysis
The global antiviral coatings market is projected to register a CAGR of more than 14% during the forecast period.
- COVID-19 negatively impacted the market in 2020. However, the market reached pre-pandemic levels in 2022 and is expected to grow steadily in the future.
- High demand from the construction sector and the increasing development of antiviral coating products are expected to drive the market. The high cost of raw materials and the high cost of applying antiviral coatings are expected to hinder the market's growth.
- The Asia-Pacific region dominates the global market, with the largest consumption from countries such as China, India, and Japan.
