Antimicrobial Additives Market worth 3.95 Billion USD by 2021

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Antimicrobial Additives Market   by Type
,Application - by Region Global Forecast to
2021
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E-Coat Market by Type (Cathodic Epoxy, Cathodic
Acrylic, and Anodic), Application (Passenger
Cars, Commercial Vehicles, Automotive Parts
Accessories, Heavy-Duty Equipment, and
Appliances), and Region - Global Forecast to
2021 Antimicrobial Additives Market by Type
(Inorganic (Silver, Copper, Zinc), Organic (OBPA,
DCOIT)), Application (Plastic, Paints Coatings,
Pulp Paper), End-Use Industry (Healthcare,
Packaging, Food Beverage, Construction) -
Global Forecast to 2021

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The market is driven by the rapid growth of the
healthcare and packaging industries in the
Asia-Pacific region. In the recent times, China,
South Korea, Japan, and India are witnessing high
demand of antimicrobial additives, mainly due to
the growing urbanization, aging population, and
proliferating lifestyle diseases. This is fueling
the growth of the antimicrobial additives market
in this region. Properties such as non-toxicity,
environmental friendliness, sustainability,
flammability, and high thermal stability of
silver antimicrobial additives contribute to the
growth of the antimicrobial additives market.
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Silver-based antimicrobial additives to account
for the major share of the market till 2021 The
antimicrobial additives market is segmented by
type, namely, inorganic (silver, copper, and
zinc), and organic (OBPA, DCOIT, and Triclosan).
In 2015, silver-based antimicrobial additive
accounted for the maximum share of the overall
market and is projected to witness high growth
rate during the forecast period.
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Healthcare to be the largest industry for the
antimicrobial additives market between 2016 and
2021 The antimicrobial additives market is also
segmented on the basis of end-use industry. The
major end-use industries of antimicrobial
additives are healthcare, packaging, food
beverage, construction, automotive, and others
(agriculture, electronic goods, personal care,
and industrial). The healthcare industry
accounted for the largest share in the
antimicrobial additives market. This industry is
crucial for the antimicrobial additives market
due to the volume of additives used. The use of
antimicrobial additives in the healthcare
industry provides integrated and lasting hygienic
antimicrobial protection to products such as
breathing circuits, endoscopes, and beds.
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Asia-Pacific to be the largest market during the
forecast period The antimicrobial additives
market is broadly segmented into five regions,
namely, Asia-Pacific, North America, Europe, the
Middle East Africa, and South America.
Asia-Pacific is the largest market, followed by
North America, and is projected to be the
fastest-growing market during the forecast
period. This dominance by the Asia-Pacific region
is mainly due to the rapid economic growth,
particularly in the healthcare and packaging
industries in the region. Also, rapid
industrialization in Asia-Pacific, coupled with
improved living standard, is driving the market
for antimicrobial additives.
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The target audiences for the antimicrobial
additives market report are as follows Antimicr
obial additives manufacturers Antimicrobial
additives suppliers Raw material
suppliers Service providers End users such as
healthcare, packaging, food beverage, and other
manufacturing companies Government bodies
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Key Compotators Currently, the global
antimicrobial additives market is dominated by
various market players such as BASF SE (Germany),
The Dow Chemical Company (U.S.), Clariant AG
(Switzerland), A. Schulman, Inc. (U.S.), Polyone
Corporation (U.S.), Sanitized AG (Switzerland),
Microban International (U.S.), Biocote Limited
(U.K.), King Plastic Corporation (U.S.), and
Steritouch Ltd. (U.K.).
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