The global antimicrobial additives market size reached US$ 5.4 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 8.8 Billion by 2028, exhibiting a CAGR of 8.48% during 2022-2028.
Antimicrobial additives prevent 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 aid in minimizing unpleasant odors, discoloration, and polymer degradation issues and are utilized in the production of cleaner, robust, and long-lasting products. As a result, antimicrobial additives find extensive applications in different industry verticals, such as textile, construction, and automotive. At present, their demand is catalyzing around the world on account of the coronavirus disease (COVID-19) outbreak.
Antimicrobial additives prevent 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 aid in minimizing unpleasant odors, discoloration, and polymer degradation issues and are utilized in the production of cleaner, robust, and long-lasting products. As a result, antimicrobial additives find extensive applications in different industry verticals, such as textile, construction, and automotive. At present, their demand is catalyzing around the world on account of the coronavirus disease (COVID-19) outbreak.
Antimicrobial Additives Market Trends:
The increasing utilization of silver and its compounds as antimicrobial additives on account of their properties currently represents one of the key factors propelling the growth of the market across the globe. Moreover, antimicrobial additives are used in roofing materials, pipes, flooring, vinyl siding, windows, insulation, automotive interiors, seating, polyvinyl chloride (PVC) blinds, signage, electronic devices, toilet seats, mattresses, and cutting boards. They are also utilized in toys, sports equipment, kitchen utensils, bathroom products, footwear, duffle bags, and garbage bins. Besides this, these additives are incorporated in food packaging to inactivate microbial development, which helps extend the overall shelf life of different food products. In addition, they can be integrated into common film materials, such as polyethylene (PE), polyethylene terephthalate (PET), and polypropylene (PP). These films, in turn, are used in the manufacturing of bags, pouches, labels, lids, trays, liners, and wraps. Apart from this, antimicrobial additives are employed in the healthcare industry as they offer protection against the spread of healthcare-associated infections (HAIs). This, along with the thriving healthcare sector, is projected to impel the growth of the market in the upcoming years.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global antimicrobial additives market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, application and end use vertical.Breakup by Product Type:
- Inorganic Antimicrobial Additives
- Organic Antimicrobial Additives
Breakup by Application:
- Plastic
- Paints and Coatings
- Pulp and Paper
- Others
Breakup by End Use Vertical:
- Construction
- Automotive
- Healthcare
- Food and Beverage
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Avient Corporation, BioCote Ltd, Chroma Color Corporation, Dow Inc., King Plastic Corporation, Life Material Technologies Limited, LyondellBasell Industries Holdings B.V., Microban International Ltd., Milliken Chemical Company (Milliken & Company) and Sanitized AG.Key Questions Answered in This Report:
- How has the global antimicrobial additives market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global antimicrobial additives market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end use vertical?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global antimicrobial additives market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Antimicrobial Additives Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Inorganic Antimicrobial Additives
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Organic Antimicrobial Additives
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Application
7.1 Plastic
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Paints and Coatings
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Pulp and Paper
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by End Use Vertical
8.1 Construction
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Automotive
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Healthcare
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Food and Beverage
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Avient Corporation
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 BioCote Ltd
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Chroma Color Corporation
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Dow Inc.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 King Plastic Corporation
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Life Material Technologies Limited
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 LyondellBasell Industries Holdings B.V.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Microban International Ltd.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Milliken Chemical Company (Milliken & Company)
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 SWOT Analysis
14.3.10 Sanitized AG
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
List of Figures
Figure 1: Global: Antimicrobial Additives Market: Major Drivers and Challenges
Figure 2: Global: Antimicrobial Additives Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Antimicrobial Additives Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Antimicrobial Additives Market: Breakup by Product Type (in %), 2022
Figure 5: Global: Antimicrobial Additives Market: Breakup by Application (in %), 2022
Figure 6: Global: Antimicrobial Additives Market: Breakup by End Use Vertical (in %), 2022
Figure 7: Global: Antimicrobial Additives Market: Breakup by Region (in %), 2022
Figure 8: Global: Antimicrobial Additives (Inorganic Antimicrobial Additives) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Antimicrobial Additives (Inorganic Antimicrobial Additives) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Antimicrobial Additives (Organic Antimicrobial Additives) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Antimicrobial Additives (Organic Antimicrobial Additives) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Antimicrobial Additives (Plastic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Antimicrobial Additives (Plastic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Antimicrobial Additives (Paints and Coatings) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Antimicrobial Additives (Paints and Coatings) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Antimicrobial Additives (Pulp and Paper) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Antimicrobial Additives (Pulp and Paper) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Antimicrobial Additives (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Antimicrobial Additives (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Antimicrobial Additives (Construction) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Antimicrobial Additives (Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Antimicrobial Additives (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Antimicrobial Additives (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Antimicrobial Additives (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Antimicrobial Additives (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Antimicrobial Additives (Food and Beverage) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Antimicrobial Additives (Food and Beverage) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Antimicrobial Additives (Other End Use Verticals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Antimicrobial Additives (Other End Use Verticals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: North America: Antimicrobial Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: North America: Antimicrobial Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: United States: Antimicrobial Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: United States: Antimicrobial Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Canada: Antimicrobial Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Canada: Antimicrobial Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Asia-Pacific: Antimicrobial Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Asia-Pacific: Antimicrobial Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: China: Antimicrobial Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: China: Antimicrobial Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Japan: Antimicrobial Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Japan: Antimicrobial Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: India: Antimicrobial Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: India: Antimicrobial Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: South Korea: Antimicrobial Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: South Korea: Antimicrobial Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Australia: Antimicrobial Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Australia: Antimicrobial Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Indonesia: Antimicrobial Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Indonesia: Antimicrobial Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Others: Antimicrobial Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Others: Antimicrobial Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Europe: Antimicrobial Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Europe: Antimicrobial Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Germany: Antimicrobial Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Germany: Antimicrobial Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: France: Antimicrobial Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: France: Antimicrobial Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: United Kingdom: Antimicrobial Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: United Kingdom: Antimicrobial Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Italy: Antimicrobial Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Italy: Antimicrobial Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Spain: Antimicrobial Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Spain: Antimicrobial Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Russia: Antimicrobial Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Russia: Antimicrobial Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Others: Antimicrobial Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Others: Antimicrobial Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Latin America: Antimicrobial Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Latin America: Antimicrobial Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Brazil: Antimicrobial Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Brazil: Antimicrobial Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Mexico: Antimicrobial Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Mexico: Antimicrobial Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Others: Antimicrobial Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Others: Antimicrobial Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Middle East and Africa: Antimicrobial Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Middle East and Africa: Antimicrobial Additives Market: Breakup by Country (in %), 2022
Figure 78: Middle East and Africa: Antimicrobial Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Global: Antimicrobial Additives Industry: SWOT Analysis
Figure 80: Global: Antimicrobial Additives Industry: Value Chain Analysis
Figure 81: Global: Antimicrobial Additives Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Antimicrobial Additives Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Antimicrobial Additives Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Antimicrobial Additives Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Antimicrobial Additives Market Forecast: Breakup by End Use Vertical (in Million US$), 2023-2028
Table 5: Global: Antimicrobial Additives Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Antimicrobial Additives Market: Competitive Structure
Table 7: Global: Antimicrobial Additives Market: Key Players
Companies Mentioned
- Avient Corporation
- BioCote Ltd
- Chroma Color Corporation
- Dow Inc.
- King Plastic Corporation
- Life Material Technologies Limited
- LyondellBasell Industries Holdings B.V.
- Microban International Ltd.
- Milliken Chemical Company (Milliken & Company)
- Sanitized AG.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 145 |
| Published | January 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 5.4 Billion |
| Forecasted Market Value ( USD | $ 8.8 Billion |
| Compound Annual Growth Rate | 8.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
