Antimicrobial Additives Industry Overview

The global antimicrobial additives market size was valued at USD 3.11 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2030.

Swiftly growing population and urbanization coupled with the increasing awareness regarding health-issues in emerging economies of Asia-Pacific are likely to assist end-use industries, which in turn is expected to escalate the demand for antimicrobial additives over the forecast period. The demand for antimicrobial additives is expected to increase majorly in the healthcare and packaging application industry owing to the increase in demand to tackle the COVID-19 pandemic situation around the world. The continuously rising demand of healthcare and packaging products for COVID-19 will positively impact the antimicrobial additives for plastics market. Asia Pacific is expected to dominate the rinsing demand of antimicrobial additives as the region has major healthcare products manufacturer.

Gather more insights about the market drivers, restrains and growth of the Antimicrobial Additives Market

Japan, India and Indonesia are expected to contribute towards the growth of construction sector in the Asia-Pacific owing to increasing consumer disposable income and rising government spending on large infrastructural projects. Ascending demand for commercial, residential and institutional buildings in China, on account of growing population, is in turn, contributing to the growth of market.

U.S. antimicrobial additives industry is expected to witness moderate growth over the coming years. High demand for advanced healthcare services owing to the availability of well-developed healthcare infrastructure and reimbursement coverage is anticipated to drive the growth of medical devices industry in U.S. Constantly rising patient population on account of aging and an increase in the number of car accidents is projected to propel the need for surgeries. Thus, the country is anticipated to maintain its demand for healthcare antimicrobial additives throughout the forecast period.

However, stringent regulations have made antimicrobial additives suppliers introduce and set up new compositions in order to meet the safe administration and anti-bacterial properties standards such as Biocidal Products Regulation (BPR) EU 528/2012 and Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA). Thus, the presence of stringent regulation is expected to hamper the growth of antimicrobial additive in food science market over the forecast period.

Healthcare segment witnessed high penetration and accounts for a majority of the revenue share in the antimicrobial additives market. This can be attributed to extensive demand for antimicrobial additives for developing infection preventing & sterilized products like surgical tubing, cables, and orthopedic sutures. In addition, growing health awareness among consumers, increasing old age population in countries such as Japan, China, & the U.S., and rising demand for high quality medical equipment is expected to drive the market of antimicrobials additives market.

Browse through Grand View Research's Plastics, Polymers & Resins Industry Research Reports.

• The global paints and coatings market size was estimated at USD 200.3 billion in 2023 and is expected to grow at a CAGR of 4.8% from 2024 to 2030.
• The global plastic market size was estimated at USD 624.8 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2030.

Antimicrobial Additives Market Segmentation

Grand View Research has segmented the global Antimicrobial Additives market on the basis type, application, end-use, and region:

Antimicrobial Additives Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Organic
  • Silver
  • Copper
  • Zinc
• Inorganic
  • OBPA
  • DCOIT
  • Triclosan

Antimicrobial Additives Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Plastics
• Paints & coatings
• Pulp & paper
• Others

Antimicrobial Additives End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Healthcare
• Food & beverage
• Packaging
• Building & construction
• Automotive & transportation
• Textile
• Consumer goods
• Others

Antimicrobial Additives Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

• North America
  • S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Singapore
  • Malaysia
  • Indonesia
  • Thailand
  • Vietnam
  • Australia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • United Arab Emirates (UAE)
  • South Africa

Antimicrobial Additives Regional Outlook (Volume, Tons; Revenue, USD Million; 2018 - 2030)

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • GCC Countries
  • South Africa

Key Companies profiled:

• NanoBioMatters Industries S.L
• BASF SE
• RTP Company
• Milliken Chemical
• BioCote Limited
• Microban International
• Clariant AG
• PolyOne Corporation
• Momentive Performance Materials Inc.
• Life Materials Technologies Limited
• SteriTouch Limited
• Sanitized AG
• Dow Inc.
• LyondellBasell Industries Holdings B.V.
• Plastics Color Corporation
• Lonza

Key Antimicrobial Additives Company Insights

Key companies are adopting several organic and inorganic growth strategies, such as capacity expansion, mergers & acquisitions, and joint ventures, to maintain and expand their market share.

• In March 2023, IFF, a food & beverage product manufacturer announced its strategic partnership with Grupo Drul for the distribution of FermaSure XL across the Brazilian market.

Recent Developments

• In July 2023, BioCote Limited entered into a strategic partnership with Eco Finish to leverage BioCote technology for antimicrobial surfaces in residential & commercial pools. Antimicrobial additives in the solution are purposed to inhibit the growth of bacteria, algae, viruses, and other microbes, delivering additional safety and protection for swimmers.
• In April 2023, Microban International announced its partnership with Berry Global for introducing Color Scents scented trash bags featuring antimicrobial technology. The partnership was aimed at combining Berry Global’s manufacturing capabilities with Microban’s robust market leadership in antimicrobial technology solutions.
• In April 2022, Momentive Performance Materials Inc. announced plans to relocate its Tarrytown, New York location and commence a Global Innovation Center (GIC). This new center was planned to feature an advanced R&D lab and office space for fostering better exchange & collaboration of ideas and a development facility for innovative, trend-centric solutions to support the proliferating Performance Additives business.
• In January 2022, Polygiene AB announced an agreement to acquire SteriTouch. This transaction was aimed at aligning with Polygiene’s new strategy of growth and to leverage Biomaster’s antimicrobial business. 

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Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.