Antimicrobial Additives Market to achieve an estimation of US$ 16.18 billion by 2025.


Posted October 14, 2017 by PARESHTMR

The Global Antimicrobial Additives Market is relied upon to achieve an estimation of US$ 16.18 billion by 2025, developing at a CAGR of 7.8% amid the forecast time frame.

 
ResearchNReports brings key comprehensions on the subject of Global Antimicrobial Additives market in its latest report titled ‘Antimicrobial Additives Market by types {Organic antimicrobial additives (Triclosan, Oxybisphenox Arsine [OBPA], 4,5-Dichloro-2-[N-OCTYL]-4-Isothiazolin-3-One [DCOIT] and Others), Inorganic antimicrobial additives (Zinc, Copper, and Silver); by Application type {Paints and Coatings, Plastic, Pulp and Paper, and Others); by End Use {Automotive, Construction, Food and Beverages, Healthcare, Packaging, and Others (personal care, industrial, agriculture)}; by Regions (North America, Asia Pacific, Europe, the Middle East & Africa and Latin America) – Global Insights Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2025’.

A few critical factors driving the growth of this global market are:

Increasing consumer awareness
Growth in demand from end-use industries
Huge potential for in emerging economies
On the other hand, regulations on usage of antimicrobial additives may, to some extent restrict market growth.

The Silver type Antimicrobial Additive foreseen to dominate the market

The Triclosan segment, among other organic antimicrobial additives, stood as the largest and fastest growing market for antimicrobial additives in 2016 and is expected to retain its position during the forecast period. The Inorganic antimicrobial additives segment, Silver, accounted for the major share of the global market in 2016 and is expected to continue its dominion over the research period as well.

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All the Applications are studied in great detail in this market intelligence

Antimicrobial paints and coatings actively reduces the levels of bacteria and mold in a product, which means they are more hygienic and protected from the negative effects of microbial colonization. In terms of revenue, the plastic application segment accounted as the dominant segment in 2016. Whereas the use of additives in the pulp and paper manufacturing process has specific purpose according to their chemical properties. The process helps the food to stay fresh and preserves it by reducing water discharge, it also aids the recirculation and recovery of by-products.

The packaging segment, among other end-users, alleged the greater part of the market share

The Packaging segment was the fastest growing end-use segment for antimicrobial coatings market in 2016. The increasing requisite from various end-use industries is one of the key factors driving this global market. Agriculture is one of the new applications of antimicrobial additives usage. Fresher applications within each end-user industry are further expected to raise the requisite for antimicrobial additives.

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Asia-Pacific to touch US$ 5.42 Bn by 2025

Asia Pacific accounted for the major share of the global antimicrobial additives market and this is anticipated to increase in the near future. Other regions are also predicted to follow the upward trend and further fuel the growth of this market. The speedy expansion of the healthcare industry in emerging economies such as China, India, Brazil, Singapore, Mexico, Saudi Arabia, and Thailand among many others is projected to offer new opportunities for growth in this region.

Some of the important players operational in this market are AkzoNobel N.V., A. Schulman Inc., BASF SE, BioCote Ltd., Bayer AG, Clariant Chemicals India Ltd., King Plastic Corporation, Microban International, Nanobiomatters, Sanitized AG, SteriTouch Ltd., and The Dow Chemical Company.
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Issued By ResearchNReports
Country United States
Categories Business , Industry , Marketing
Tags antimicrobial additives demand , antimicrobial additives market , antimicrobial additives market analysis
Last Updated October 14, 2017