Antimicrobial Additives Market 2016–2026 Global Analysis, Size, Share, Incredible Growth, Detailed Industry Analysis and Business Prospects | FMI

Future Market Insights (FMI) delivers key insights on the Global Antimicrobial Additives Market in its upcoming report titled “Antimicrobial Additives Market: Global Industry Analysis and Opportunity Assessment 2015–2025”.The global antimicrobial additives market is projected to expand at a healthy CAGR of 8.0% during the forecast period due to various factors, regarding which FMI offers vital insights in detail in its report.

Antimicrobial additives or agents are chemical ingredients typically utilized in definite proportions to prevent fungal, bacterial and algal growth in materials exposed to high levels of moisture, ultra violet radiation or unsanitary conditions. In order to improve hygiene standards and durability of products, these additives have gained substantial traction among product manufacturers in the recent past.

Request a Sample of this Report in PDF: https://www.futuremarketinsights.com/reports/sample/rep-gb-94

The benefits offered by antimicrobial products include quality enhancement of equipment/materials in terms of resistance towards microbial growth, improved product performance, and durability. Preference towards hygienic and disposable products and increasing health awareness are other key factors fueling demand.

Some antimicrobial additives are hazardous to the environment when disposed. Research initiatives by environmental institutions suggest that anti-bacterial chemicals constitute a significant portion of soil and water contaminants. The issue of safe disposal and harmful effects of these additives on the eco-system is identified as a restraining factor for the growth of the global antimicrobial additives market.

Use of antimicrobial additives in healthcare products, such as medical devices and disposable hygiene products is identified as one of the key trends in the market. Stringent environment regulations have prompted antimicrobial additives manufacturers to innovate and launch new compositions in order to meet the safe disposal and anti-bacterial properties criterion.

On the basis of applications, the antimicrobial additives market is segmented into paints and coatings, inks, paper, plastics, fabric/textile, silicone and rubber, and other applications. On the basis of the end use industry, the antimicrobial additives market is segmented into building and construction, healthcare, automotive, electronics, food and beverages and other end-use industries. On the basis of regions, the global antimicrobial additives market is segmented into seven key regions, including Asia Pacific, North America, Western Europe, Eastern Europe, Latin America, the Middle East and Africa and Japan.

As of 2014, the plastics application was the largest segment in the global antimicrobial additives market, followed by paints and coatings, and textile. The plastics application segment is projected to remain the largest segment throughout the forecast period, corresponding to incremental $ opportunity of US$ 2,954 Mn between 2015 and 2025.

Request a Complete TOC of this Report with figures: https://www.futuremarketinsights.com/toc/rep-gb-94

As of 2014, food and beverages was the largest end-use industry segment in the global antimicrobial additives market, followed by healthcare. Both these segments are expected to offer similar incremental $ opportunity for the antimicrobial additive manufacturers during the forecast period.

As of 2014, Asia Pacific excluding Japan (APEJ) accounted for the largest market value share of the global antimicrobial additives market, followed by Western Europe, North America and other regions. Developing regions including APEJ, Eastern Europe, Latin America and the Middle East & Africa collectively accounted for more than 50% share of the overall market in 2014 and are further expected to gain market share by 2025. The BRICS antimicrobial additives market is projected to account for a significant share of the overall market by the end of forecast period and is anticipated to expand at a promising CAGR of more than 9% during the forecast period.

Some of the key players in the antimicrobial additives market that have been covered in this study include

AkzoNobel N.V.,

BASF SE,

The Dow Chemical Company,

Sanitized AG,

SteriTouch Ltd.,

BioCote Ltd.,

Life Material Technologies Ltd.,

Momentive Performance Material Inc.,

Clariant Chemicals India Ltd. and

Nanobiomatters Industries S.L.

Key Segments Covered

On the basis of applications, the antimicrobial additives market is segmented into:

  • Paints and coatings
  • Inks
  • Paper
  • Plastics
  • Fabric / textile
  • Silicone and rubber
  • Other applications

On the basis of end use industry, the antimicrobial additives market is segmented into:

  • Building and construction
  • Healthcare
  • Automotive
  • Electronics
  • Food and beverages
  • Other end use industries

On the basis of regions, the global antimicrobial additives market is segmented into:

  • Asia Pacific
  • North America
  • Western Europe
  • Eastern Europe
  • Latin America
  • Middle East and Africa
  • Japan

Frequently Asked Questions About This Report

  • How big is the antimicrobial additives market?

The global antimicrobial additives market size was estimated at US$ 2,954 Mn between 2015 and 2025.

  • Which type of antimicrobial additives segment led the market?

The inorganic type segment led the global antimicrobial additives market and accounted for more than 52% share of the global revenue in 2020.

  • Which application segment dominated the antimicrobial additives market?

The plastics application segment led the global antimicrobial additives market and accounted for more than 33% share of the global revenue in 2020.

  • Which region held the largest share in the antimicrobial additives market?

Asia Pacific dominated the global antimicrobial additives market and accounted for over 37% share of the global revenue in 2020.

  • Which end-use segment accounted for the largest antimicrobial additives market share?

Healthcare dominated the antimicrobial additives market with a share of 25% owing to their increasing utilization for Healthcare-Associated Infections (HAIs) and medical devices.

  • Who are the key companies/players in the antimicrobial additives market?

Some key players operating in the antimicrobial additives market include BASF SE; Lyondell Basell Industries Holdings B.V.; Nano Bio Matters S.L.; Bio Cote Limited; RTP Company; Clariant AG; Micro ban International; PolyOne Corporation; and Sanitized AG.

  • What are the factors driving the antimicrobial additives market?

Key factors that are driving the market growth include increasing the use of antimicrobial additives in the manufacturing process of medical devices such as guidewires, guiding catheters, access systems, and sheaths to prevent microbial growth.

Posted on

Leave a Reply

Your email address will not be published. Required fields are marked *