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Antimicrobial Additives Market

Antimicrobial Additives Market by Type (Inorganic, Organic), By Application (Plastic, Paints & Coatings, Pulp & Paper, Others), By End-Use Industry (Healthcare, Packaging, Food & Beverage, Construction, Automotive, Others) , by Regions | Global Market Forecast 2022-2028

Report Id: SNS/C&M/1797 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Antimicrobial Additives Market Size was valued at USD 2.70 billion in 2021, and is expected to reach USD 4.01 billion by 2028, and grow at a CAGR of  5.8% over the forecast period 2022-2028.

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.

Antimicrobial Additives Market Revenue Graph

Market Dynamics:

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

  • Analysis of market drivers' effects on forecasting

Restraints

  • Antimicrobial additive-containing products are subject to strict regulations.

  • Analysis of market restrictions' effects on forecasting

Opportunity:

  • 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.

Key players:

Milliken chemical, Polyone corporation (avient corporation), BASF SE, Lyondell basell, Sanitized ag, Clariant ag, Kingplastic corporation, Biocote limited, Dow inc., Microban international limited

Market Segmentation:

By  Type

  • Inorganic

  • Organic

By Application

  • Plastic

  • Paints & Coatings

  • Pulp & Paper

  • Others

By End-Use Industry

  • Healthcare

  • Packaging

  • Food & Beverage

  • Construction

  • Automotive

  • Others

Antimicrobial Additives Market Segment Pie Chart

Regional Analysis:

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.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The 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

Antimicrobial Additives Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 2.70 Billion
Market Size by 2028 US$ 4.01 Billion
CAGR CAGR of 5.8% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
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. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7. PEST Analysis

 

8.Antimicrobial Additives Market Segment, By  type

8.1 Inorganic

8.2 Organic

 

9.Antimicrobial Additives Market Segment, By application

9.1 Plastic

92 Paints & Coatings

9.3 Pulp & Paper

9.4 Others

 

10.Antimicrobial Additives Market Segment, By end-use industry

10.1 Healthcare

10.2 Packaging

10.3 Food & Beverage

10.4 Construction

10.5 Automotive

10.6 Others

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

 

12 . Company Profile

12.1 Milliken chemical

12.1.1 Financial

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.Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share analysis

13.3 Recent Developments

 

14. Conclusion

 

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Secondary Research

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