Antimicrobial Additives Market: Global Industry Analysis, Size, Trends, Growth, Forecast 2019 - 2029

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Antimicrobial Additives Market: Global Industry Analysis, Size, Trends, Growth, Forecast 2019 - 2029

Status : September, 2020 | Chemical & Materials | PPT format

Report Digest


Global Antimicrobial Additives Market: Overview

Antimicrobial additives enhance the performance of a surface by bringing about biocide treatment. Often introduced onto a surface during the manufacturing process, these can be converted into a concentrated powder, liquid suspension or masterbatch pellet depending on the target material and manufacturing process. Once added to a substance, an antimicrobial additive helps in minimizing the chances of contamination, extending product’s functional lifetime. Antimicrobial additives find application in extending the life of antimicrobial preparations across a number of varied industry verticals. 

As per TMR Research, over the period of 2019 to 2029, the global antimicrobial additives market will grow at a moderate growth rate, leading to higher valuation at the end of the stated period. Some of the factors that will have a positive influence on the market are availability of varied choices in both organic and inorganic category and increased demand arising from textile, healthcare and food and beverages industries.

Global Antimicrobial Additives Market: Competitive Landscape

The antimicrobial additives market is fragmented. Presence of a large number of players marks its vendor landscape. Varied measures are opted for by these players to chart growth. These range from key alliances to product improvement. Some of the key players in the antimicrobial additives market include:

  • NanoBioMatters Industries S.L
  • BASF SE
  • RTP Company
  • Milliken Chemical
  • BioCote Limited
  • Microban International
  • Clariant AG
  • PolyOne Corporation
  • Momentive Performance Materials Inc.
  • Life Materials Technologies Limited
  • SteriTouch Limited
  • Sanitized AG
  • Dow Inc.
  • LyondellBasell Industries Holdings B.V.
  • Plastics Color Corporation
  • Lonza

Global Antimicrobial Additives Market: Key Trends and Drivers

  • The market growth of the Antimicrobial Additives Market is primarily triggered by growing consumer awareness about infections among a growing population. Factors such as an increasing awareness about health-related issues and growth of end-use industries are also expected to drive an upward growth curve for the antimicrobial additives market during the forecast period.
  • A lot of attention in the last 20 years has focused on the environmental impact of using biocides, leading to the emergence of new legislation that restricts the use to certain extent. Some additives are no longer allowed, as is the case with phenylmercurials, while others have been subject to restrictive use, such as aromatic and halogenated derivatives. New eco-friendly materials are due to be developed to control and prevent microbial contamination to counteract the negative influence of the restraint.

Global Antimicrobial Additives Market: Regional Analysis

Asia Pacific is estimated to retain its leading position over the forecast period, expanding at a fast growth rate in the global antimicrobial additives market. The market is driven by the growth of some major end-use industries, such as automotive, healthcare, construction, food and beverage, and packaging.

Moreover, a robust manufacturing base of the automotive industry in China, Japan, and India coupled with increased sales of passenger vehicles is anticipated to augment market growth in APAC. In addition, favorable policies such as Foreign Direct Investments (FDI) and Make in India initiative, implemented by the Indian government, are expected to create ample growth opportunities for the automobile industry, increasing demand for Antimicrobial Additives. 

Industrial expansion in the region is also anticipated to augment the product demand. A growing construction industry in the emerging economies of the region and increased infrastructure spending by various governments are also expected to drive the regional market.

Antimicrobial Additives Market, by Type:

  • Inorganic Antimicrobial additives
    • Silver
    • Copper
    • Zinc
  • Organic Antimicrobial additives
    • Oxybisphenox Arsine (OBPA)
    • 4,5-Dichloro-2-(N-OCTYL)-4-Isothiazolin-3-One (DCOIT)
    • Triclosan
    • Others

Antimicrobial Additives Market, by Application:

  • Plastic
  • Paints & Coatings
  • Pulp & Paper
  • Others

Antimicrobial Additives Market, by End-use Industry:

  • Healthcare
  • Packaging
  • Food & Beverage
  • Construction
  • Automotive
  • Others (agriculture, electronic goods, personal care, and industrial)

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.