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According to a research report titled “Antimicrobial Coatings Market, 2020-2027” by Fortune Business Insights™, the global antimicrobial coatings market size was USD 3,690.0 million in 2019 and is expected to reach USD 8,650.7 million by 2027, exhibiting a CAGR of 11.5% during the forecast period.

Information Source - https://www.fortunebusinessins....ights.com/antimicrob

The rise can be attributed to the increasing use of antimicrobial coatings by paint manufacturers to inhibit the growth of pathogens. The coatings contain additives that offer long-lasting and adequate protection against fungi, bacteria, and mold.

The market is segmented into metallic and non-metallic types. The metallic segment is fragmented into copper, silver, and others, with the silver sub-segment holding a major share in the industry. The market is also divided based on application into mold remediation, medical & healthcare, food & beverage, building & construction, textile, and others. The medical & healthcare segment is expected to record commendable growth over the estimated period due to the rising product usage in medical appliances, products, and surfaces for preventing the spread of infection.

Drivers and Restraints:

The report provides an overview of the crucial steps taken by major industry participants to sustain their industry position, after extensive research and engagements with prominent industry stakeholders. The rising awareness regarding healthcare-related infections (HCAI) and an increase in efforts toward their prevention are the major drivers of market growth. However, the use of these products can lead to substantial changes in the emission levels of toxic agents into the environment, which is anticipated to hamper market expansion to some extent.

Regional Insights:

North America is expected to emerge as a key region driven by escalating demand from medical applications, surging government healthcare expenditure, and high standards of living in the U.S. The Asia Pacific region is also anticipated to record substantial escalation over the forecast period, attributed to the expansion of the food & beverage, pharmaceuticals, and construction industries.

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Dye-Sensitized Solar Cells Market Share, Size, Future Demand, and Emerging Trends


The global dye-sensitized solar cells market generated a revenue of $28,451.4 thousand in 2017 and is predicted to reach a valuation of $60,589.4 thousand by 2023. Furthermore, the market will grow at a CAGR of 13.2% between 2018 and 2023. The increasing requirement for solar energy and the implementation of strict government regulations in several countries regarding the usage of solar modules are the main factors driving the progress of the market.


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https://www.psmarketresearch.c....om/market-analysis/d


The global demand for sustainable and clean power is rapidly increasing, on account of the rising concerns being raised over the escalating carbon emissions, energy security, and the surging abnormalities in weather conditions around the world. With the signs of climate change becoming more prevalent, many governments are increasingly preferring renewable sources of energy such as solar energy over the conventionally used fossil fuels. Dye-sensitized solar cells have the ability to boost the popularity of solar energy in the future.

Many governments are offering tax credits, subsidies, and feed-in tariff for encouraging the adoption of solar power and ensuring that the electricity produced from solar energy reaches price parity with the power generated from conventional energy sources such as fossil fuels. In addition to this, the provision of competitive bidding is promoting the usage of photovoltaics (PVs) in various countries. These factors are subsequently augmenting the sales of dye-sensitized solar cells, thereby propelling the progress of the industry.

Geographically, the dye-sensitized solar cells market would register the fastest growth in the Asia-Pacific (APAC) region in the future years, as per the estimates of P&S Intelligence, a market research company based in India. The rising implementation of strict government regulations is predicted to boost the adoption of renewable sources of energy such as solar in the developing countries such as India, China, Vietnam, and Thailand in the coming years.

Thus, it is quite clear that the market will record huge expansion across the world in the coming years, mainly because of the rising popularity of solar energy and the increasing implementation of favorable government policies regarding the usage of solar energy for power generation in several countries around the world.

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