The report "Antimicrobial Additives Market by Type (Inorganic (Silver, Copper, Zinc), Organic (OBPA, DCOIT)), Application (Plastic, Paints & Coatings, Pulp & Paper), End-Use Industry (Healthcare, Packaging, Food & Beverage, Construction) - Global Forecast to 2021", The global market size of antimicrobial additives is projected to reach USD 3.95 Billion by 2021, registering a CAGR of 6.7% between 2016 and 2021.

Browse 127 market data Tables and 64 Figures spread through 190 Pages and in-depth TOC on "Antimicrobial Additives Market by Type (Inorganic (Silver, Copper, Zinc), Organic (OBPA, DCOIT)), Application (Plastic, Paints & Coatings, Pulp & Paper), End-Use Industry (Healthcare, Packaging, Food & Beverage, Construction) - Global Forecast to 2021"

https://www.marketsandmarkets.com/Market-Reports/antimicrobial-additives-market-68703174.html

Early buyers will receive 10% customization on this report.

The market is driven by the rapid growth of the healthcare and packaging industries in the Asia-Pacific region. In the recent times, China, South Korea, Japan, and India are witnessing high demand of antimicrobial additives, mainly due to the growing urbanization, aging population, and proliferating lifestyle diseases. This is fueling the growth of the antimicrobial additives market in this region. Properties such as non-toxicity, environmental friendliness, sustainability, flammability, and high thermal stability of silver antimicrobial additives contribute to the growth of the antimicrobial additives market.

Silver-based antimicrobial additives to account for the major share of the market till 2021

The antimicrobial additives market is segmented by type, namely, inorganic (silver, copper, and zinc), and organic (OBPA, DCOIT, and Triclosan). In 2015, silver-based antimicrobial additive accounted for the maximum share of the overall market and is projected to witness high growth rate during the forecast period.
Healthcare to be the largest industry for the antimicrobial additives market between 2016 and 2021

The antimicrobial additives market is also segmented on the basis of end-use industry. The major end-use industries of antimicrobial additives are healthcare, packaging, food & beverage, construction, automotive, and others (agriculture, electronic goods, personal care, and industrial). The healthcare industry accounted for the largest share in the antimicrobial additives market. This industry is crucial for the antimicrobial additives market due to the volume of additives used. The use of antimicrobial additives in the healthcare industry provides integrated and lasting hygienic antimicrobial protection to products such as breathing circuits, endoscopes, and beds.

Asia-Pacific to be the largest market during the forecast period

The antimicrobial additives market is broadly segmented into five regions, namely, Asia-Pacific, North America, Europe, the Middle East & Africa, and South America. Asia-Pacific is the largest market, followed by North America, and is projected to be the fastest-growing market during the forecast period. This dominance by the Asia-Pacific region is mainly due to the rapid economic growth, particularly in the healthcare and packaging industries in the region. Also, rapid industrialization in Asia-Pacific, coupled with improved living standard, is driving the market for antimicrobial additives.

Currently, the global antimicrobial additives market is dominated by various market players such as BASF SE (Germany), The Dow Chemical Company (U.S.), Clariant AG (Switzerland), A. Schulman, Inc. (U.S.), Polyone Corporation (U.S.), Sanitized AG (Switzerland), Microban International (U.S.), Biocote Limited (U.K.), King Plastic Corporation (U.S.), and Steritouch Ltd. (U.K.).

Don’t miss out on business opportunities in Antimicrobial Additives Market. Speak to our analyst and gain crucial industry insights that will help your business grow.
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=68703174

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]