Antimicrobial Additives Market, By Application (Paints & Coatings, Inks, Paper, Plastics, Fabric/Textile, Silicone & Rubber, and Others), By End User (Building & Construction, Healthcare, Automotive, Electronics, Food & Beverages, and Others), and By Regi

Antimicrobial Additives Market, By Application (Paints & Coatings, Inks, Paper, Plastics, Fabric/Textile, Silicone & Rubber, and Others), By End User (Building & Construction, Healthcare, Automotive, Electronics, Food & Beverages, and Others), and By Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Antimicrobial additive is a solution that is infused into a product during the manufacturing process to prevent the growth of microbes. Antimicrobial additives can be formulated into liquid, powder, and masterbatch pellet forms. Antimicrobial additives make products more hygienic, minimizing the potential for cross-contamination and thereby extending the product’s functional lifetime.

Market Dynamics

Among application, the plastic segment is expected to account for the largest market share over the forecast period, owing to the increasing demand for antimicrobial additives in the production of packaging products to prevent microbial contamination of medicines and food & beverages.

Among end user, the food & beverage segment is expected to account for the largest market share over the forecast period. For instance, according to the Ministry of Food Processing Industries and the Government of India in 2020, consumption of the food and beverage segment in India was expected to increase from US$ 369 billion in 2020 to US$ 1.142 trillion by 2025, and output of the food processing sector (at market prices) is expected to increase to US$ 958 billion for the same period. These estimates evidence the vast market opportunity offered by the Indian food processing, food retail, transport, logistics to players in the food processing value chain.

Asia Pacific is expected to be the fastest-growing region in the market over the forecast period owing to the growth of the healthcare industry. Increasing demand for antimicrobial additives for manufacturing sterilized products such as surgical devices, tubings, etc. is expected to drive the market over the forecast period.

Key features of the study:

• This report provides an in-depth analysis of the global antimicrobial additives market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains an attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global antimicrobial additives market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include AkzoNobel N.V., BASF SE, The Dow Chemical Company, Sanitized AG, SteriTouch Ltd., BioCote Ltd., Life Material Technologies Ltd., Momentive Performance Material Inc., Clariant Chemicals India Ltd., and Nanobiomatters
• Insights from this report would allow marketers and management authorities of companies to make an informed decision regarding future product launches, technology upgrades, market expansion, and marketing tactics
• The global antimicrobial additives market report caters to various stakeholders in this industry including investors, suppliers, antimicrobial additives manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global antimicrobial additives market

Detailed Segmentation:

• Global Antimicrobial Additives Market, By Application:
• Paints & Coatings
• Inks
• Paper
• Plastics
• Fabric/Textile
• Silicone & Rubber
• Others
• Global Antimicrobial Additives Market, By End User:
• Building & Construction
• Healthcare
• Automotive
• Electronics
• Food & Beverages
• Others
• Global Antimicrobial Additives Market, By Region:
• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• Italy
• France
• Spain
• Russia
• Rest of Europe
• Latin America
• Brazil
• Argentina
• Mexico
• Rest of Latin America
• Asia Pacific
• China
• India
• Japan
• ASEAN
• South Korea
• Australia
• Rest of Asia Pacific
• Middle East & Africa
• Middle East
• Africa
• Company Profile
• AkzoNobel N.V.*
• Company Overview
• Product Portfolio
• Financial Performance
• Key Strategies
• Recent Developments
• Future Plans
• BASF SE
• The Dow Chemical Company
• Sanitized AG
• SteriTouch Ltd
• BioCote Ltd.
• Life Material Technologies Ltd.
• Momentive Performance Material Inc.
• Clariant Chemicals India Ltd
• Nanobiomatters

“*” marked represents similar segmentation in other categories in the respective section