Dublin–(business telegram)–“Antimicrobial Additives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s Visit.
The global antimicrobial additives market size to reach US$ 4.96 billion in 2021. Looking ahead, the publisher expects the market to reach US$ 7.84 billion by 2027, exhibiting a CAGR of 7.93% during 2021-2027.
mentioned companies
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Aviant Corporation
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Biocoat Limited
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Chroma Color Corporation
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Dow Inc.
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Raja Plastics Corporation
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Life Material Technologies Limited
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LyondellBasell Industries Holdings B.V.
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Microban International Limited
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Milliken Chemical Company (Milliken & Company)
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clean ag
Keeping in mind the uncertainties of COVID-19, we are continuously monitoring and evaluating the direct and indirect impact of the pandemic on various end-use industries. These insights are included in the report as a major market contributor.
Antimicrobial additives inhibit the growth of harmful microbes, such as algae, yeast, mold and mildew. They offer high chemical and dimensional stability and heat and chemical resistance. They help reduce issues of unpleasant odors, discoloration, and polymer degradation and are used in the production of cleaner, stronger, and longer-lasting products.
As a result, antimicrobial additives find wide application in various industry verticals, such as textiles, construction and automotive. Currently, their demand is getting catalyzed across the world due to the outbreak of the coronavirus disease (COVID-19).
The growing use of silver and its compounds as antimicrobial additives due to their properties currently represents one of the major factors driving the growth of the worldwide market. In addition, antimicrobial additives are used in roofing materials, pipes, floors, vinyl siding, windows, insulation, automotive interiors, seating, polyvinyl chloride (PVC) blinds, signage, electronic equipment, toilet seats, mattresses, and cutting boards. .
They are also used in toys, sports equipment, kitchen utensils, bathroom products, shoes, duffle bags, and trash cans. Furthermore, these additives are included in food packaging to inactivate microbial growth, which helps in increasing the overall shelf life of various food products.
Furthermore, they can be integrated into common film materials, such as polyethylene (PE), polyethylene terephthalate (PET), and polypropylene (PP). In turn, these films are used in the manufacture of bags, pouches, labels, lids, trays, liners and wraps.
In addition, antimicrobial additives are employed in the healthcare industry because they provide protection against the spread of healthcare-associated infections (HAIs). This, along with the thriving healthcare sector, is anticipated to drive the growth of the market in the upcoming years.
Major Market Segmentation:
The publisher provides an analysis of key trends in each sub-segment of the global Antimicrobial Additives market along with forecasts at the global, regional and country level from 2022-2027. Our report has classified the market on the basis of product type, application and end use vertical.
Breakdown by Product Type:
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inorganic antimicrobial additive
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organic antimicrobial additive
Breakup by Application:
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plastic
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Paints & Coatings
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pulp and paper
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other
Breakup by End Use Vertical:
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Construction
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motor vehicle
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Health care
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Food and Beverages
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other
Breakdown by Region:
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North America
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United States of america
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Canada
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Asia Pacific
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China
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Japan
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India
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South Korea
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Australia
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Indonesia
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other
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europe
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Germany
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France
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United Kingdom
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Italy
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spain
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Russia
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other
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latin america
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Brazil
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Mexico
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other
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middle east and africa
Key questions answered in this report:
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How has the global Antimicrobial Additives market performed so far and how it will perform in the coming years?
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What has been the impact of COVID-19 on the global Antimicrobial Additives market?
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What are the major regional markets?
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What is the breakup of the market on the basis of product type?
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What is the breakup of the market on the basis of application?
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What is the breakup of the market on the basis of vertical and use?
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What are the different stages in the value chain of the industry?
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What are the key driving factors and challenges in the industry?
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What is the structure of the global Antimicrobial Additives market and who are the key players?
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What is the degree of competition in the industry?
For more information about this report visit https://www.researchandmarkets.com/r/aid473
