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The global antimicrobial additives market revenue is expected to reach USD 15.34 billion in 2025 and register a CAGR of 7% during the forecast period from 2018 to 2025. The antimicrobial additives contain antimicrobial agents that protect the products from the growth of microbes like bacteria, fungi, and algae. These antimicrobial additives are integrated into the products during the stage of manufacturing. There are different antimicrobial additives used for different materials and production processes. The antimicrobial additives are available in different forms in the market such as in liquid, powdered, or Masterbatch Pellet form.The antimicrobial additives remain in the product for an expected period of time that actively protects the product from bacteria, fungi, algae, and other pathogens. The antimicrobial additives are built with antibacterial, anti-fungal, and antiviral properties that enhance the performance of the product and its surface. Thus, the manufacturers can provide cleaner and more hygienic products for use. This has increased the competitiveness of the manufacturers driving growth of Antimicrobial Additives Market.
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The antimicrobial additives are available in a range of materials such as rubber, ceramics, paper, textiles, coatings, paints, polymers, plastics, and more. The antimicrobial additives come in two different types including inorganic and organic antimicrobial additives. The organic antimicrobial additives are 4,5-Dichloro-2-(N-OCTYL)-4-Isothiazolin-3-One (DCOIT), Triclosan, Oxybisphenox Arsine (OBPA), and others. The inorganic antimicrobial additives are Zinc, Copper, and, Silver. These varieties have benefitted the producers and manufacturers increasing the demand for antimicrobial additives thereby spurring the Antimicrobial Additives Market.
The health related awareness among the consumers is increasing and end-use industries are increasing which have spurred the market. However, for the long-term durability and to maintain the quality of the products the appropriate set standards need to be followed. If the proper standards are not followed it causes damage to the products and financial loss for the consumer, manufacturers, and all the actors in the supply chain are affected. In many countries, the standards are not followed which may hamper the Antimicrobial Additives Market.
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The top companies providing different types of antimicrobial additives across various industries are RTP Company, Lonza, Plastics Color Corp.,LyondellBasell Industries Holdings B.V., Dow, Inc., Sanitized AG, SteriTouch Ltd., PolyOne Corp., Clariant AG, Microban International, BioCote Ltd., Milliken Chemical, BASF SE, Steritouch Ltd., King Plastic Corporation, Sanitized AG, Polyone Corporation, A. Schulman, Inc., and NanoBioMatters Industries S.L., among others. The countries like Germany, Switzerland, the U.S, the U.K are leading the Antimicrobial Additives Market. Moreover, the North American region holds the highest share in the market. These competitors provide competitive prices offering a wide range of products and following the regulatory standards and market requirements.
Key segments of the global antimicrobial additives market
Type Overview, 2015-2025 (USD million) (kilo tons)
• Organic
• Inorganic
Application Overview, 2015-2025 (USD million) (kilo tons)
• Plastics
• Paints & Coatings
• Pulp & Paper
• Others
End-Use Overview, 2015-2025 (USD million) (kilo tons)
• Healthcare
• Packaging
• Food & Beverages
• Construction
• Automotive
• Others
Regional Overview, 2015-2025 (USD million) (kilo tons)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle-East & Africa
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