Antimicrobial Additives Market 2017-2021
- Published: May 2017
- Pages: 70
- SKU: IRTNTR13198
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This market research study identifies A. Schulman, BASF, BioCote, Clariant, and Dow Chemical as the leading players in the global antimicrobial additives market . A comprehensive analysis of this market is also presented by the type (organic and inorganic), by application (plastics, paints and coatings, pulp and paper, and others), and by geography (APAC, Europe, North America, and ROW).
Overview of the global antimicrobial additives market
According to Technavio’s market research report, the global antimicrobial additives market will grow at a steady rate and post a CAGR of more than 7% during the forecast period. The increasing consumption of silver-based products as antimicrobial additives will drive the growth prospects for the global antimicrobial additives market during the projected period. Silver is characterized by its high biocompatibility and is the most dominant antimicrobial agent. This antimicrobial agent is very effective in preventing the growth of various types of microbes as they exhibit low toxicity to humans and animals. This will drive the popularity of antimicrobial additives in the forthcoming years. The market is experiencing a high adoption rate of silver antimicrobial agents against a wide range of microorganisms such as fungi, algae, molds, and bacteria since they cause cell wall lysis and inhibit the growth of microbes. The use of antimicrobial agents in various applications such as plastics and paints and coatings, will also drive the growth prospects of the antimicrobial additives market in the coming years.
APAC was the leading revenue contributing region during 2016 and is likely to witness a high demand for antimicrobial products from various end-user industries such as paints and coatings, packaging, and healthcare. Factors such as the use of hygienic products and healthy lifestyle and the rising awareness among people, will fuel the demand for antimicrobial products in the region, which in turn, will stimulate the growth of the antimicrobial additives market.
Competitive landscape and key vendors
The global antimicrobial additives market is characterized by presence of a large number of global, regional, and local players and is highly-competitive. These international players are increasingly focusing on expanding their geographical presence and they have huge production facilities located across the world. Several vendors are increasingly competing against each other based on factors such as innovations, price, and quality of the product. Vendors with better financial and technological other resources can withstand changes in different market conditions when compared to their competitors.
Key vendors in this market are -
- Dow Chemical
Other prominent vendors in the market include LIFE Material Technologies, RTP, Sanitized, and SteriTouch.
Segmentation by type and analysis of the antimicrobial additives market
The organic antimicrobial additives segment dominated the antimicrobial additives market during 2016. However, the inorganic antimicrobial additives segment is likely to gain the majority of market shares by the end of the projected period and this is mainly due to the bans and prohibitions for organic antimicrobial additives in several developed markets such as Europe and the US due to the toxicity of OBPA and triclosan. The use of inorganic antimicrobial coating additives such as silver, copper, and zinc to reduce the deteriorating effects such as discoloration, staining, odor, and material damage, will also drive the market segment’s growth.
Segmentation by application and analysis of the antimicrobial additives market
- Paints and coatings
- Pulp and paper
The plastics segment dominated the global antimicrobial additives market during 2016 and is likely to experience a high growth rate during the projected period. The growth of microorganisms such as yeasts, mold fungi, mildew fungi, bacteria, and algae cause degradation and discoloration of plastics and polymers. To prevent microbial growth and protect plastics, manufacturers are increasingly incorporating antimicrobial additives into polymer compounds that inhibit and control the growth of microbes.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global antimicrobial additives market?
- What are the key market trends impacting the growth of the global antimicrobial additives market?
- What are the challenges to market growth?
- Who are the key vendors in the global antimicrobial additives market?
- What are the market opportunities and threats faced by the vendors in the global antimicrobial additives market?
- What are the trending factors influencing the market shares of APAC, Europe, North America, and ROW?
- What are the key outcomes of the five forces analysis of the global antimicrobial additives market?
Technavio also offers customization on reports based on specific client requirement.
Antimicrobial is an agent that stops or kills microorganisms from their growth. As per our market experts, the antimicrobial additives market is expected to grow due to the rising demand for the products from different end-use sectors. This upcoming report on the global antimicrobial additives market is an essential part of the additives, adhesives, and sealants industry and provides a wide analysis of fast-growing markets like specialty chemicals. Besides, to help clients achieve a competitive edge over their peers, Technavio also offers knowledge on various parameters including the shifting customer preferences, market drivers, and challenges faced by the vendors in the chemicals and materials industry.
Technavio’s market research authorities conduct a triangulated approach of primary and secondary research methods and carry out an in-depth analysis of multiple factors, including technological developments and the demand-supply shifts in various markets across the globe to accurately forecast the additives, adhesives, and sealants industry’s growth possibilities. To assist clients to frame effective tactics for growth, our upcoming market research report on the global antimicrobial additives market for the period of 2017 to 2021 offers market insights from the statistics gathered from reliable market informants such as manufacturers, channel partners, decision makers, and regulatory bodies. Based on various client’s stipulations, Technavio also produces customized reports, which will help local vendors and global players cement their position in the chemicals and materials market.
This upcoming industry research report on the global antimicrobial additives market also considers the growth of related market such as roofing adhesive, which is expected to grow at a CAGR of above 6% by 2021. The upcoming industry research report on the global antimicrobial additives market also identifies the key drivers, emerging market trends, and the hurdles currently experienced by the additives, adhesives, and sealants industry and also presents insights into glass and ceramics.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
- Key market highlights
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by type
- Global antimicrobial additives market by type
- Global organic antimicrobial additives market
- Global inorganic antimicrobial additives market
PART 07: Market segmentation by application
- Global antimicrobial additives market by application
- Global antimicrobial additives market in plastics segment
- Global antimicrobial additives market in paints and coatings segment
- Global antimicrobial additives market in pulp and paper segment
- Global antimicrobial additives market in others segment
PART 08: Geographical segmentation
- Global antimicrobial additives market by geography
- Antimicrobial additives market in APAC
- Antimicrobial additives market in North America
- Antimicrobial additives market in Europe
- Antimicrobial additives market in ROW
PART 09: Decision framework
PART 10: Drivers and challenges
- Market drivers
- Impact of drivers on key regions
- Market challenges
- Impact of challenges on key regions
PART 11: Market trends
- Increasing consumption of antimicrobial additives in healthcare industry
- Growing construction encouraging antimicrobial additives market
- Fusion of nanotechnology into antimicrobial additives
PART 12: Vendor landscape
- Competitive scenario
- Other prominent vendors
PART 13: Key vendor analysis
- Dow Chemical
PART 14: Appendix
- List of abbreviations
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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