Global Antimicrobial Agent Market, By Product (Antibacterial Agent, Antifungal Agent, Antiviral Agent, Anti-parasitic Agent), Type (Organic, Inorganic), Form (Dry, Liquid), Application (Plastics, Paint and Coatings, Pulp and Paper, Personal Care and Cosmetics, Others), End-User (Healthcare, Packaging, Food and Beverages, Construction, Automotive, 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.
The antimicrobial agent market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 5180.6 million by 2028 and grow at a CAGR of 9.00% in the above-mentioned forecast period.
Antimicrobial agents are the compounds which are used as disinfectant chemicals to destroy, restrict or slow down the spread of microorganisms such as viruses, bacteria, fungi and protozoans. They are used in several applications and are organic as well as inorganic.
The factors such as increasing usage of these agents for personal care and cosmetics manufacturing and surging demand for antimicrobial packaging are the root cause fueling up the antimicrobial agent market growth rate. Additionally, the increasing prevalence of individuals suffering from allergies and growing areas of applications due to the growth of medical devices consumption will also directly and positively impact the growth rate of the antimicrobial agent market. However, high costs associated with these products and their usage in different applications derail growth of the antimicrobial agent market.
The availability of various policies and regulations regarding the usage of these agents in different applications pose as a major challenge to the growth of the antimicrobial agent market. Stringent regulatory procedures in the developed countries pose as challenge for the market’s growth.
This antimicrobial agent market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized 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 agent market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Antimicrobial Agent Market Scope and Market Size
The antimicrobial agent market is segmented on the basis of product, type, form, application and distribution channel. 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 market.
- On the basis of product, the antimicrobial agent market is segmented into antibacterial agent, antifungal agent, antiviral agent and anti-parasitic agent.
- On the basis of type, the market is segmented into organic and inorganic.
- On the basis of form, the antimicrobial agent market is segmented into dry and liquid.
- On the basis of application, the market is segmented into plastics, paint and coatings, pulp and paper, personal care and cosmetics and others. The personal care and cosmetics is further sub-segmented into skin care product, hair care products, oral care products, make-up products and others.
- On the basis of end user, the antimicrobial agent market is segmented into healthcare, packaging, food and beverages, construction, automotive and others.
Antimicrobial Agent Market Country Level Analysis
The antimicrobial agent market is analysed and market size, volume information is provided by product, type, form, application and distribution channel as referenced above.
The countries covered in the antimicrobial agent 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 is estimated to dominate the antimicrobial agent market owing to the increasing demand from major end-use industries, such as automotive, construction, healthcare, food and beverage, and packaging. within the region. North America will continue to however show lucrative growth within the forecast period owing to the high demand for antimicrobial agent for fruit and vegetable production.
The country section of the antimicrobial agent 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 Agent Market Share Analysis
The antimicrobial agent 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 agent market.
The major players covered in the antimicrobial agent market report are BASF SE, RTP Company, Microban International, Ltd., Clariant, Momentive, Life Material Technologies Limited, Radical Materials Ltd., SANITIZED AG, Akzo Nobel N.V., DuPont, BioCote Limited, Ampacet Corporation, Lonza, Croda International Plc, Goulston, Foster Corporation, Solvay, Geocon Products, Wacker Chemie 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.
Customization Available : Global Antimicrobial Agent Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.