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Anti Microbial Additives Market - Segmented By Type (Inorganic (Silver, Copper, Zinc), Organic (OBPA, DCOIT), By Application (Plastic, Paints & Coatings, Pulp & Paper), By End-User (Healthcare, Packaging, Food & Beverage, Construction), & By Region - Global Forecast - 2027.

Published: January, 2022
ID: 2448
Pages: 175
Formats: report pdf report excel report power bi report ppt

Anti-Microbial Additives Market Size & Growth (2022 - 2027):

The anti-Microbial Additives Market was worth USD 4.4 billion in 2021 and is estimated to be growing at a CAGR of 6.30%, to reach USD 6.6 billion by 2026.

The market is showcasing evident potential in the mentioned forecasting period. Antimicrobial additives control microbes via many different means and are extremely diverse. When used in the manufacturing of products they create surfaces and materials inhospitable to microbes such as bacteria and mold. The properties of silver are non-toxicity, high thermal stability, and environmental friendliness which boost the global anti-microbial additives market. Antimicrobial additives are chemical ingredients that prevent bacterial, fungal, and algal growth in materials that are exposed to high levels of ultraviolet radiations, moisture, and unsanitary conditions. These additives are primarily used in applications such as plastics, papers, paints & coatings, textiles, inks, rubber, and fabric care to inhibit the growth of unwanted microorganisms and increase the longevity of the substrate.

Drivers and Restraints:

Anti-Microbial Additives Market is driven by the rapid growth of the healthcare and packaging industries in the Asia-Pacific region. In recent times, China, India, Japan, and South Korea are observing high demand for antimicrobial additives, majorly due to the growing urbanization, aging population, and increasing lifestyle diseases. This is fuelling the growth of the antimicrobial additives market in this region. Properties like non-toxicity, environmental friendliness, flammability, sustainability, and high thermal stability of silver antimicrobial additives contribute to the growth of the antimicrobial additives market.

The major factor restraining the growth of the antimicrobial additives market is the high cost of raw materials and stringent regulations. The basic raw materials used in the manufacturing of antimicrobial additives products are silver, copper, and zinc. The high price of silver antimicrobials restricts their use in various products, particularly in the developing regions of Asia-Pacific and South America. These issues restrain the growth of the Anti-Microbial Additives Market. The Anti-Microbial Additives Market is broadly categorized into Inorganic Anti-Microbial Additives Market (Silver, Copper, and Zinc), Organic Anti-Microbial Additives Market (OBPA, DCOIT).

ANTI-MICROBIAL ADDITIVES MARKET REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021 – 2026

Base Year

2020

Forecast Period

2022 - 2027

CAGR

6.30%

Segments Covered

By Application, By End-User, By Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

BASF SE, The Dow Chemical Company, Clariant AG, A. Schulman, Inc., Polyone Corporation, Sanitized AG, Microban International, Biocote Limited, King Plastic Corporation, and Steritouch Ltd.

Market Segmentation:

Anti-Microbial Additives Market – By Application:

  • Plastics

  • Paint and Coating
  • Pulp and Paper

Anti-Microbial Additives Market – By End-User:

  • Healthcare
  • Packaging
  • Food and Beverages
  • Construction

Silver-based antimicrobial additive accounted for the highest revenue of the overall market and is projected to witness a high growth rate during the forecast period.

Anti-Microbial Additives Market – By Region:

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

The anti-microbial additives market was dominated by Asia-Pacific, with an overall market share of over 30% globally. Asia-Pacific was followed by North America and Europe. Asia Pacific is predicted to grow at a rapid pace in the coming few years.

Key Players:

Some of the major companies dominating the Anti-Microbial Additives Market, by their products and services include BASF SE, The Dow Chemical Company, Clariant AG, A. Schulman, Inc., Polyone Corporation, Sanitized AG, Microban International, Biocote Limited, King Plastic Corporation, and Steritouch Ltd.

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