Global 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]), By Application (Plastic, Paints & Coatings, Pulp & Paper, Others), By End-Use Industry (Healthcare, Packaging, Food & Beverage, Construction, Automotive, Others (agriculture, electronic goods, personal care, and industrial)), and opportunities and forecast 2020-2027
Antimicrobial Additives Market Overview
The global Antimicrobial Additives market is expected to rise at a significant rate in the forecast period due to advancements in the chemical industry. It is projected that the market dynamics of the global antimicrobial additives would be influenced by the developments in the end-use industries. Antimicrobial additives are in organic and inorganic nature. Both types have had great demand over the past decade. In addition, the most important application of antimicrobial additives is in the packaging industry. This crucial factor contributes largely to the market’s expansion.
Furthermore, the manufacture of medical devices and types of equipment necessary involves the use of antimicrobial additives. This fact has created huge demand within the market. Therefore, the need for better-performing products in the healthcare sector is one of the major aspects that boosts the growth of the global Antimicrobial Additives market. Additionally, the efforts of government organizations to fund the operations of the medical manufacturing industry have also highly supported the development of the global Antimicrobial Additives market. The favorable properties of antimicrobial additives are also anticipated to play an important role in the growth of the global Antimicrobial Additives market.
Market size available for years
Base year considered
Value (USD Million)
Type, Application, End-Use Industry, and Region
North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA)
The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, construction materials are facing diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end-use industries directly affected the chemical demand all around the world.
Antimicrobial Additives Market Segment Overview
Based on Type, the Inorganic Antimicrobial additives segment occupied the largest share of the global Antimicrobial Additives market. High demand for silver, copper and zinc-based additives is anticipated to propel the segment’s growth over the forecast period. Silver-based products are used as antimicrobial agents due to their properties, such as non-toxicity, continual performance for a long duration, eco-friendly nature, high thermal stability, and protection against microbial growth. Additionally, Zinc pyrithione is added to the materials that are prone to exposure to mold spores and fungi as the additive offers excellent antibacterial protection. Further, copper salts offer antimicrobial protection in preservative and sterilized applications with underlying substrates or layers being paints, coatings, and polymers.
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)
Antimicrobial Additives Regional Overview
In terms of region, the global Antimicrobial Additives market in North America has been growing at a considerable rate in the forthcoming period. This is due to the presence of a robust packaging industry in Canada, and well-developed healthcare industry in the US. Similarly, the market for antimicrobial additives in the Asia Pacific has also expanded at a significant rate in the forecast period. The market growth is mainly attributed to growing consumer awareness about health-related infections and rapid urbanization & increasing population in the Asia-Pacific region. Furthermore, the rise in the use of plastics is also contributing more to the increasing demand for antimicrobial additives in the Asia-Pacific region.
Antimicrobial Additives Market, By Geography
· North America (US & Canada) · Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe) · Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific) · LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Antimicrobial Additives Market, Key Players
· BASF SE · Clariant AG · A. Schulman, Inc. · NanoBioMatters Industries S.L. · RTP Company · Milliken Chemical · BioCote Ltd. · Microban International · PolyOne Corp. · Momentive Performance Materials, Inc. · Life Materials Technologies Ltd. · SteriTouch Ltd. · Sanitized AG · Dow, Inc. · LyondellBasell Industries Holdings B.V. · Plastics Color Corp. · Lonza
Frequently Asked Questions (FAQ) :
Q1. What is the total CAGR expected to be recorded for the Antimicrobial Additives market during the forecast period?
A. The Antimicrobial Additives market is expected to record a CAGR of ~ 7 % during the forecast period.
Q2. Which segment is projected to hold the largest share in the Antimicrobial Additives Market?
A. The Inorganic Antimicrobial additives segment is projected to hold the largest share in the Antimicrobial Additives Market.
Q3. What are the driving factors for the Antimicrobial Additives market?
A. The advancements in the chemical industry, booming packaging industry, the need for better-performing products in the healthcare sector, favourable properties of antimicrobial additives are key factors that boost the growth of the Antimicrobial Additives market progressively
Q4. Which Segments are covered in the Antimicrobial Additives market report?
A. Type, Application, End-Use Industry, and Region, these segments are covered in the Antimicrobial Additives market report.
Q5. Which are the prominent players offering Antimicrobial Additives?
A. BASF SE, Clariant AG, A. Schulman, Inc., NanoBioMatters Industries S.L., RTP CompanyMilliken Chemical, BioCote Ltd., Microban International, PolyOne Corp., Momentive Performance Materials, Inc., Life Materials Technologies Ltd., SteriTouch Ltd., Sanitized AG, Dow, Inc., LyondellBasell, Industries Holdings B.V., Plastics Color Corp., Lonza. are some of the key players offering Antimicrobial Additives.
Antimicrobial Additives Market Study Global Market Analysis, Insights and Forecast, 2020-2027
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Latest Technological Advancement
4.3. Regulatory Landscape
4.4. Industry SWOT Analysis
4.5. Porters Five Forces Analysis
5. Global Antimicrobial Additives Market Analysis (USD Billion), Insights and Forecast, 2020-2027
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Type