Antimicrobial Additives Market Scope :
Data was gathered by Maximize Market Research through primary research surveys of Antimicrobial Additives producers, suppliers, and dealers. Market potential, regulatory environment, consumer behaviour, technology influence, and industry competition were all considered in the study's scope. Data has been gathered at the regional level to examine the markets at the national level. The growth potential and potential for the new entrants in the Antimicrobial Additives industry were investigated. The report provides a general overview of the Antimicrobial Additives market for stakeholders, investors, market participants, players, and new entrants.
The data has been collected by using primary and secondary research methods to obtain accurate inferences for the Antimicrobial Additives Market report. Primary Data was collected from the experts in the industry. Secondary data was collected from official databases of various organisations and government sites, industry journals, white papers, annual reports, releases of product manufacturers and suppliers in the Antimicrobial Additives industry along with paid and free databases. To estimate the segment wise, regional and Antimicrobial Additives Market size, bottom-up approach was used.
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Antimicrobial Additives Market Growth :
Antimicrobial Additives Market was valued at US$ 28.74 Bn. in 2022. The Global Antimicrobial Additives Market size is estimated to grow at a CAGR of 5.7% over the forecast period.
Antimicrobial Additives Market Segmentation
by Application
Plastic
Paints & Coatings
Pulp & Paper
Others
by Type
The Antimicrobial Additives Market is divided into four categories based on Application: ceramics, paints & coatings, textiles & fabrics, and plastic & polymers. In 2022, the plastics sector had the highest proportion, at about 36%.To offer long-lasting defence against bacteria, these antimicrobial compounds for plastics are included into the substance throughout the production process. Antimicrobial substances provide numerous advantages for ornamental, industrial, and speciality coatings. For instance, silver-based compounds can offer cost-effective protection when used with paints. The compounds added to inks and lacquers provide a durable top-coat protection when applied on paper, metal, and plastic. Because it contains speciality papers for newsprint, tissue production and currency printing as well as paperboards used in packaging, the pulp and paper industry is highly varied.
Inorganic Antimicrobial additives
Silver
Copper
Zinc
Organic Antimicrobial additives
Oxybisphenox Arsine (OBPA)
4,5-Dichloro-2-(N-OCTYL)-4-Isothiazolin-3-One (DCOIT)
Triclosan
Others
The Antimicrobial Additives Market is divided into Inorganic and Organic Antimicrobial Additives based on Types. The market share held by inorganic antibacterial additives, which accounted for 59% of sales, was the highest. The products made of moulded plastic are more likely to contain inorganic antimicrobials. These additives are based on metal ions. One of the factors that has made inorganic compounds a dominant market segment is their extra biocidal impact of killing the organism and stopping the production of the organism.
Organic antimicrobial additives provide long-lasting protection against biodegradation as well as germs that cause stains and odours when coupled with products and materials like paints and coatings. For instance, triclosan penetrates and stops the growth of germs by a chemical process.
by End-User
Healthcare
Packaging
Food & Beverage
Construction
Automotive
Others
Depending on End-Use In 2022, the global market was led by the healthcare end-use sector, which accounted for around 30% of all sales. The segment is predicted to grow at the fastest CAGR from 2022 to 2030 due to the rising demand for healthcare products as a result of the ageing population. The healthcare environment is important, especially when it comes to Healthcare-Associated Infections (HAIs). Hospital acquired infections (HAIs), which manifest while a patient is admitted and are often caused by bacteria resistant to antibiotics, can be fatal. The high growth of the food and beverage end-use segment is anticipated to be supported by the usage of additives in shelving, flooring, food processing equipment, ice makers, storage containers, and water coolers.
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Antimicrobial Additives Market Regional Insights
Region wise market dynamics have been included in the report regional scope includes country wise drivers, opportunities & limitations for the market. Country wise market size & market players are provided.
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Antimicrobial Additives Market Key Players
1.BASF SE, 2.The Dow Chemical Company, 3.Clariant AG, 4.A. Schulman, Inc., 5.Polyone Corporation, 6.Sanitized AG, 7.Microban International, 8.Biocote Limited, 9.King Plastic Corporation, 10.Steritouch Ltd., 11.Addmaster, 12.NanoBioMatters, 13.Biocote Limited, 14.Milliken Chemical, 15.Biosafe Inc., 16.RTP Company, 17.Momentive Performance Materials, Inc., 18.Life Materials Technologies Ltd., 19.LyondellBasell Industries Holdings B.V., 20.Plastics Color Corp., 21.Lonza,
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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