Antimicrobial Additives Market 2021: Regional Forecast, Size, Share, Challenges, Opportunities, Statistics to 2027

Antimicrobial Additives Market Forecast to 2027 - Covid-19 Impact and Global Analysis - By Product (Inorganic Antimicrobial Additives, and Organic Antimicrobial Additives), Application (Plastics, Pulp & Paper, Paints & Coatings, and Others), End User (Automotive, Construction, Food & Beverages, Packaging, Healthcare, and Others), and Geography

An antimicrobial additive is a specific solution which is infused into a product during the manufacturing process to kill, inhibit and prevent the growth of microorganisms including microbes, protozoans, bacteria and fungi. The antimicrobial additives can be manufactured into a wide range of materials including paints, plastics, coatings, textiles, ceramics, paper, and rubber. These additives help to enhance the performance of a surface by permanently reducing the negative effects of microbes that enables manufacturers to offer products that are cleaner and more hygienic to use.

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The antimicrobial additives market is anticipated to grow with a significant rate in the coming years, due to rising demand from various end-use industries, such as healthcare, packaging, and food & beverage. However, increasingly used in the production of medical devices such as sheaths, guidewires, access systems, guiding catheters, diagnostic catheters, and thrombectomy devices to prevent the microbial growth is anticipated to offer more growth opportunities for the players operating in the antimicrobial additives market.

The “Global Antimicrobial Additives Market Analysis to 2027” is a specialized and in-depth study of the chemical industry with a focus on the global market trend. The report aims to provide an overview of global market with detailed market segmentation by product, application, and end user, and geography. The global antimicrobial additives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading antimicrobial additives market players and offers key trends and opportunities in the market.

The global antimicrobial additives market is segmented on the basis of product, application, and end user. On the basis of product, the antimicrobial additives market is segmented into, inorganic antimicrobial additives and organic antimicrobial additives. Based on the application, the market is classified as, plastics, pulp & paper, paints & coatings, and others. On the basis of end user, the antimicrobial additives market is categorized as, automotive, construction, food & beverages, packaging, healthcare, and others.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global antimicrobial additives market based on product, application, and end user. It also provides market size and forecast till 2027 for overall market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The antimicrobial additives market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.

North America is expected to contribute to the largest share in the antimicrobial additives market in the coming years, due to high occurrence of diseases coupled with geriatric population, sedentary lifestyle, and unhealthy dietary habits in the region. However, Asia Pacific is expected to witness significant growth in the market during the forecast period, owing to rising high demand for advanced medical services due to the availability of reimbursement coverage and actively developed in the region.

The report analyzes factors affecting antimicrobial additives market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the antimicrobial additives market in these regions.

The report also includes the profiles of key antimicrobial additives manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years. Some of the key players operating in the antimicrobial additives market include, RTP Company, BASF SE, NanoBioMatters Industries S.L, Microban International, Ltd., Milliken Chemical, Momentive, A., Schulman, Inc., STERITOUCH LTD., Akzo Nobel N.V., and Clariant among others.

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