Antimicrobial Additives Market: Asia Pacific Is Estimated To Register The Fastest CAGR From 2022 To 2030

 Antimicrobial Additives Industry Overview

The global antimicrobial additives market size was valued at USD 2.65 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 5.6% from 2022 to 2030. The rising population and rapid urbanization in emerging economies of Asia Pacific are likely to boost the growth of the end-use industries, which, in turn, is expected to escalate the product demand over the forecast period. The product demand is expected to increase majorly in the healthcare and packaging application industries. Rising demand for healthcare and packaging products, due to the growing number of COVID-19 cases around the world, is projected to support the market growth. The Asia Pacific is expected to dominate the global market on account of the strong presence of the major healthcare product manufacturers.

After the pandemic, Japan, India, and Indonesia are expected to contribute to the growth of the construction sector in the Asia Pacific region owing to increasing consumer disposable income and rising government spending on large infrastructural projects. Ascending demand for commercial, residential, and institutional buildings in China, on account of a growing population, is in turn, contributing to the growth of the market.

Gather more insights about the market drivers, restrains and growth of the Global Antimicrobial Additives market

 

The market in the U.S. is expected to witness moderate growth over the coming years. The high demand for advanced healthcare services owing to the well-developed healthcare infrastructure and reimbursement coverage plans is anticipated to drive the growth of the medical devices industry in the country. A constantly growing target population and rise in the number of car accidents are projected to propel the demand for surgeries. This, in turn, will drive the product demand in the country in the years to come.

However, stringent regulations have made the antimicrobial additives suppliers introduce and set up new compositions to meet the safe administration and anti-bacterial properties standards, such as Biocidal Products Regulation (BPR) EU 528/2012 and Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA). Thus, such stringent regulations are expected to hamper the market growth during the forecast period.


Browse through Grand View Research's Plastics, Polymers & Resins Industry Research Reports.

  • Water Soluble Packaging Market - Water soluble packaging refers to a packaging made from bio-based products that can dissolve in cold or hot water leaving behind non-toxic and harmless aqueous solution. Thus, the better solubility with minimal harmful residue makes them favorable packaging material for both industrial and residential use.

 

  • Single-Use Packaging Market - Single-use packaging is designed to be used only once and then discarded. This type of products is commonly used for food and beverage products, as well as for personal care and household items. Some of the single-use wrapping include plastic bags used to hold groceries or other items, plastic water bottles, disposable coffee cups and lids, Styrofoam takeout containers, plastic utensils and straws, snack and candy wrappers, paper towels and napkins.

 

Antimicrobial Additives Market Segmentation

For this report, Grand View Research has segmented the global antimicrobial additives market based on type, application, end-use, and region:

Antimicrobial Additive Type Outlook (Volume, Tons, Revenue, USD Million, 2017 - 2030)

  • Organic
  • Inorganic
    • Silver
    • Copper
    • Zinc

Antimicrobial Additive Application Outlook (Volume, Tons, Revenue, USD Million, 2017 - 2030)

  • Plastics
  • Paints & Coatings
  • Pulp & Paper
  • Others

Antimicrobial Additive End-use Outlook (Volume, Tons, Revenue, USD Million, 2017 - 2030)

  • Healthcare
    • Minimally Invasive Medical Products
    • Endotracheal Tubes
    • Wound Dressing
    • Surgical Drapes
    • Syringes
    • Re-usable Medical Items
      • Hospital Bedding
      • Dental Trays
      • Beds
      • Hospital Gowns
      • Orthopedic Devices
      • Laparoscopic Instruments
      • Medical Scrubs
    • Packaging
      • Food Packaging
        • Active Packaging
        • Controlled Release Packaging
      • Non-food Packaging
    • Food & Beverage
      • Bakery Food
      • Beverages
      • Dairy
      • Meat Processing
    • Building & Construction
      • Insulation
      • Faucets & Fixtures
      • Door Hardware
      • Sealants & Grouts
      • Carpet
      • Paints
      • OSB
      • Melamine
      • Others
    • Automotive & Transportation
      • Passenger Cars
      • Light Commercial Vehicles
      • Heavy Commercial Vehicles
      • Train
      • Aeroplanes
    • Textile
      • Apparels
      • Home Textiles
      • Footwear
      • Sport Textiles
      • Non-woven
      • Others
    • Consumer Goods
      • Cleaning Products
      • Cosmetics
      • Toys
    • Others

Antimicrobial Additive Regional Outlook (Volume, Tons, Revenue, USD Million, 2017 - 2030)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

 

Key Companies profiled:

Some prominent players in the global antimicrobial additives market include:

  • NanoBioMatters Industries S.L.
  • BASF SE
  • RTP Company
  • Milliken Chemical
  • BioCote Ltd.
  • Microban International
  • Clariant AG
  • 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

 

Order a free sample PDF of the Antimicrobial Additives Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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