Reports and Data estimates the global Antimicrobial Additives competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2019-2028 as the forecast period. The report offers CAGR and market size for the global Antimicrobial Additives during the forecast period.

The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include BASF SE, BioCote Ltd, RTP Company, Inc., Clariant AG, Microban International, Ltd., Milliken Chemical Company, Avient Corporation (PolyOne Corporation), SANITIZED AG, Lyondellbasell Industries Holdings B.V., and Dow Inc.

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Antimicrobial Additives Overview :-

The global antimicrobial additives market size was USD 2.46 billion in 2020 and is expected to register a CAGR of 8.3% during the forecast period. Expansion of the healthcare and packaging industries is expected to drive market revenue growth in the near future. Growth of microbes on untreated plastic items result in polymer degradation issues, unpleasant odors, and unsightly discoloration. Rising need to resist, inhibit, and prevent the growth of microbes, including mold and bacteria is contributing to high demand for antimicrobial additives among product manufacturers. Antimicrobial additives are incorporated with plastic resins during compounding or as a masterbatch during molding in order to provide a biocide treatment to control microbes. Integrated antimicrobial technology helps in reducing the growth of microbes on a treated product throughout its expected lifecycle by working continuously, unlike disinfectants which offer a limited residual activity.

Increasing prevalence of foodborne diseases among growing population is contributing to higher utilization of antimicrobial additives in the food and beverage industry. According to estimates of the World Health Organization (WHO), 40% of the global foodborne disease burden is carried by children under 5 years of age, which leads to 125,000 deaths every year.

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For the purpose of this report Reports and Data has segmented global Antimicrobial Additives market on the basis of type, application, and region:

By Product Type Outlook            

·       Organic Antimicrobial Additives

·       Inorganic Antimicrobial Additives

By Application Channel Outlook              

·       Paints & Coatings

·       Plastics

·       Pulp & Paper

·       Others

By End-use Channel Outlook     

·       Automotive

·       Building & Construction

·       Healthcare

·       Food & Beverage

·       Packaging

·       Others

Product Outlook (Revenue, USD Million; 2019-2030)

·       Liquid

·       Solid

Application Outlook (Revenue, USD Million; 2019-2030)

·       Sunscreen

·       Deodorant

·       Perfumes

·       Others

End-use Industry Outlook (Revenue, USD Million; 2019-2030)

·       Cosmetics and Personal Care

·       Food

·       Pharmaceuticals

·       Others (Paints & Coatings, Adhesives & Sealants)

Key Regional Markets Covered in the Report:

·       North America (U.S.A., Canada, Mexico)

·       Europe (Italy, U.K., Germany, France, Rest of Europe)

·       Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)

·       Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

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 Key Questions answered by the Report:

·       What is the expected year-on-year growth of the Antimicrobial Additives during the forecast period?

·       What key trends are expected influence revenue growth of the market going ahead?

·       Which region is expected to account for largest revenue share over the forecast period?

·       Which key companies are profiled in the report?

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About Reports and Data 

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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