The global antimicrobial additives market size is expected to reach USD 3.6 billion
by 2025, according to a new report by Grand View Research, Inc. It is projected
to expand at a revenue-based CAGR of 8.2% over the forecast period. Demand for
additives is ascending at a prominent rate owing to their increasing
consumption in medical devices and equipment and other end-use industries such
as packaging, food and beverage, healthcare, personal care, and electronic
goods. Additives are majorly utilized in order to enhance the physical as well
as chemical properties of materials, increasing their shelf life, improve
aesthetic value, and minimize the risk of microbes such as MRSA and legionella.
According to the research conducted by the
Centers for Disease Control and Prevention in 2017, approximately 4% inpatients
in acute care hospitals across U.S. contract at least one health-related
infection. Medical devices such as urinary catheters, vascular access devices
or enteral feeding tubes are particularly susceptible to colonization of
bacteria, which can enter the bloodstream. Thus, as a solution companies
engaged in manufacturing medical devices are increasingly focusing on using
antimicrobial additives for blending with medical device polymers as these
additives are highly successful in preventing colonization on the surface of
medical device components.
The global market is segmented based on
type of antimicrobial additive into organic and inorganic. Organic was the
prominent segment and accounted for 50.6% of the global revenue in 2018.
Organic antimicrobial additives when utilized with products and materials in
paints and coatings, provide long-lasting protection against stain and
odor-causing microbes as well as biodegradation.
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https://www.grandviewresearch.com/industry-analysis/antimicrobial-additives-market
Further key findings from the report suggest:
· Key raw materials utilized in the
production of additives include inorganic materials such as zinc, copper, and
silver and organic materials such as dichloro isothiazolin, oxybisphenox
arsine, and triclosan
· The organic segment accounted for prominent
share in the market by the end of 2018 and is further expected to witness
prominent growth over the forecast period
· The healthcare end-use segment dominated
the global market and accounted for more than 20% of the market revenue in 2018
· Antimicrobial additives minimize the risk
of microbes such as MRSA, Legionella, and E.coli and hence they play a
prominent role in infection control protocols
· As of 2018, Asia Pacific accounted for more
than 36% share in the overall market. Robust manufacturing base of automotive
and textile industry across China, India, and Japan is anticipated to augment
market growth in near future
· The antimicrobial additives market is
fragmented in nature with presence of various key players such as BASF SE, RTP
Company, Clariant AG, LyondellBasell Industries N.V., and NanoBioMatters
Industries S.L.
Grand View Research has segmented the
global antimicrobial additives market report on the basis of type, application,
end use, and region:
Antimicrobial Additives Type Outlook
(Volume, Tons; Revenue, USD Million, 2014 - 2025)
·
Organic
·
Inorganic
Antimicrobial Additives Application Outlook
(Volume, Tons; Revenue, USD Million, 2014 - 2025)
·
Plastics
·
Paints & Coatings
·
Pulp & Paper
·
Others
Antimicrobial Additives End-use Outlook
(Volume, Tons; Revenue, USD Million, 2014 - 2025)
·
Healthcare
o
Minimally Invasive Medical Products
o
Endotracheal Tubes
o
Wound dressing
o
Surgical drapes
o
Syringes
o
Re-usable Medical items
o
Hospital Bedding
o
Dental trays
o
Beds
o
Hospital gowns
o
Orthopedic devices
o
Laparoscopic Instruments
o
Medical Scrubs
·
Packaging
o
Food Packaging
o
Active Packaging
o
Controlled Release Packaging
o
Non-food Packaging
·
Food & Beverage
o
Bakery Food
o
Beverages
o
Dairy
o
Meat Processing
·
Building & Construction
o
Insulation
o
Faucets & Fixtures
o
Door Hardware
o
Sealants & Grouts
o
Carpet
o
Paints
o
OSB
o
Melamine
o
Others
·
Automotive & Transportation
o
Passenger Cars
o
Light Commercial Vehicles
o
Heavy Commercial Vehicles
o
Train
o
Aeroplanes
·
Textile
o
Apparels
o
Home Textiles
o
Footwear
o
Sport Textiles
o
Non-woven
o
Others
·
Consumer Goods
o
Cleaning Products
o
Cosmetics
o
Toys
·
Others
Antimicrobial Additives Regional Outlook
(Volume, Tons; Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S.
o
Canada
o
Mexico
·
Europe
o
Germany
o
U.K.
o
France
o
Italy
·
Asia Pacific
o
China
o
India
o
Japan
·
Central & South America
o
Brazil
o
Argentina
·
Middle East & Africa
o
GCC Countries
o
South Africa
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting services.
To help clients make informed business decisions, we offer market intelligence
studies ensuring relevant and fact-based research across a range of industries,
from technology to chemicals, materials and healthcare.
