Report Id: SNS/C&M/1797 | June 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Antimicrobial Additives Market Size was valued at USD 2.85 billion in 2022, and is expected to reach USD 4.48 billion by 2030, and grow at a CAGR of 5.8% over the forecast period 2023-2030.
Antimicrobial additives are active ingredients used in the manufacturing of a substance to prevent bacteria from surviving or growing. Bacteria, mould, fungi, algae, and viruses are among the microorganisms that make up this group. These additives are classed as bacteriostatic or bactericides, depending on the sort of microbiological effect they have. Antimicrobial additions that kill bacteria are known as bactericidal antimicrobial additives, while antimicrobial additives that prevent germs from growing are known as bacteriostatic antimicrobial additives. Depending on the material of the board and the way it is made, inorganic antimicrobial additives like silver, copper, and zinc are made in different ways, like as a concentrated powder, a liquid suspension, or a masterbatch pellet.
Patients are at risk of developing bio-resistance as a result of antibiotic use.
Antimicrobial products' use in end-use industries is growing.
Increasing consumer knowledge of health issues
Analysis of market drivers' effects on forecasting
Antimicrobial additive-containing products are subject to strict regulations.
Analysis of market restrictions' effects on forecasting
Emerging markets that are yet to be discovered
Product and technological innovation
Impact of Covid-19:
In comparison to other industries, Covid-19 had a less impact on the antimicrobial additives industry. Because of the epidemic, many countries around the world put themselves on lockdown to stop the virus from spreading. Because of this, there was a break in the supply and demand chain, which had an effect on the market. Due of the pandemic situation, industries, manufacturing units, infrastructure projects, and mining operations have been put on pause for the previous two years.
The pricing of antimicrobial additions has been hampered by the varying price of raw ingredients and the COVID-19 epidemic. On the plus side, corporations anticipate a return to normalcy and an improvement in the market in the near future. Countries such as China and the United States, among others, are resuming normal operations.
Milliken chemical, Polyone corporation (avient corporation), BASF SE, Lyondell basell, Sanitized ag, Clariant ag, Kingplastic corporation, Biocote limited, Dow inc., Microban international limited
Paints & Coatings
Pulp & Paper
By End-Use Industry
Food & Beverage
The worldwide antimicrobial additives market in North America has been growing at a breakneck pace. This is due to Canada's strong packaging sector and the United States' well-developed healthcare business. In Asia Pacific and Latin America, the market for antimicrobial additives has also grown rapidly.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 2.85 Billion|
|Market Size by 2030||US$ 4.48 Billion|
|CAGR||CAGR of 5.8% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Type (Inorganic, Organic)
• By Application (Plastic, Paints & Coatings, Pulp & Paper, Others)
• By End-Use Industry (Healthcare, Packaging, Food & Beverage, Construction, Automotive, Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Milliken chemical, Polyone corporation (avient corporation), BASF SE, Lyondell basell, Sanitized ag, Clariant ag, Kingplastic corporation, Biocote limited, Dow inc., Microban international limited|
|DRIVERS||• Patients are at risk of developing bio-resistance as a result of antibiotic use.
• Antimicrobial products' use in end-use industries is growing.
• Increasing consumer knowledge of health issues
|Restraints||• Antimicrobial additive-containing products are subject to strict regulations.
• Analysis of market restrictions' effects on forecasting
Frequently Asked Questions (FAQ) :
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Inorganic and Organic are the sub-segments of by type segment
Ans: Milliken chemical, Polyone corporation (avient corporation), BASF SE, Lyondell basell, Sanitized ag, Clariant ag, Kingplastic corporation, Biocote limited, Dow inc. And Microban international limited are the major key players of Antimicrobial Additives Market
Ans: Emerging markets that are yet to be discovered and Product and technological innovation are the opportunity for Antimicrobial Additives Market.
Ans: Antimicrobial Additives Market Size was valued at USD 2.70 billion in 2021, and expected to reach USD 4.01 billion by 2028, and grow at a CAGR of 5.8 % over the forecast period 2022-2028.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
126.96.36.199 United Kingdom
188.8.131.52 South Korea
184.108.40.206 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8.Antimicrobial Additives Market Segment, By type
9.Antimicrobial Additives Market Segment, By application
92 Paints & Coatings
9.3 Pulp & Paper
10.Antimicrobial Additives Market Segment, By end-use industry
10.3 Food & Beverage
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12 . Company Profile
12.1 Milliken chemical
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Polyone corporation (avient corporation)
12.3 BASF SE
12.4 Lyondell basell
12.5 Sanitized ag
12.6 Clariant ag
12.7 Kingplastic corporation
12.8 Biocote limited
12.9 Dow inc.
12.10 Microban international limited
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
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