Global Antimicrobial Additives Market, By Type (Organic Antimicrobial Additive, Inorganic Antimicrobial Additive), Application (Paints and Coatings, Plastic, Pulp and Paper, Packaging, Others), End-User (Automotive, Construction, Food and Beverages, Healthcare, Agriculture, Personal Care, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Antimicrobial additives market will grow at a rate of 7.12% for the forecast period of 2021 to 2028. Rise in the numbers of fast food industries acts as a vital factor driving the growth of antimicrobial additives market.
An antimicrobial can inhibit, prevent and resist the growth of microbes including bacteria and moulds. Antimicrobial additives help to prevent the surfaces of devices, equipment from microbes and bacteria. Antimicrobial additives are also used to produce the packaging products for food, beverages and medical industries as they prevent the microbial contamination. An antimicrobial additive will work continuously when it infused into a product for making the product more hygienic.
Rise in the aging population is the vital factor escalating the market growth, also rise in the demand for antimicrobials, rise in the demand from paper packaging industry and rise in the demand from emerging economies are the major factors among others driving the antimicrobial additives market. Moreover, rise in the research and development activities in the market and increase in the technological advancements and modernization in the production techniques will further create new opportunities for the antimicrobial additives market in the forecast period of 2021- 2028.
However, volatility in raw material price and strict government regulations are the major factor among others acting as a restraint, and will further challenge the growth of antimicrobial additives market in the forecast period mentioned above.
This antimicrobial additives market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on antimicrobial additives market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Antimicrobial Additives Market Scope and Market Size
Antimicrobial additives market is segmented on the basis of type, application and end-user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on type, the antimicrobial additives market is segmented into organic antimicrobial additive and inorganic antimicrobial additive.
- Based on application, the antimicrobial additives market is segmented into paints and coatings, plastic, pulp and paper, packaging and others.
- The antimicrobial additives market is also segmented on the basis of end-user into automotive, construction, food and beverages, healthcare, agriculture, personal care and others.
Antimicrobial Additives Market Country Level Analysis
Antimicrobial additives market is analysed and market size, volume information is provided by country, product type, end-user, application and material as referenced above.
The countries covered in the antimicrobial additives market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the antimicrobial additives market due to rise in the end-use industries such as healthcare and packaging and increase in the research and development activities in this region.
The country section of the antimicrobial additives market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Antimicrobial Additives Market Share Analysis
Antimicrobial additives market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to antimicrobial additives market.
The major players covered in the antimicrobial additives market report are Bodycote, H.C. Starck GmbH, Metallisation Ltd, ASB industries Inc., Accuwright Industries, Kennametal Inc, Praxair Surface Technologies Inc, Brenntag Austria GmbH, Wilbur-Ellis Holdings,Inc, DuPont de Nemours, Inc., DOW, BASF SE, Nexeo Plastics, LLC., Polymet Corporation, BioCote Limited., King Plastic Corporation., Microban International, Ltd., A. Schulman, Inc and SANITIZED AG among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.