Current Market Scenario:
Hygiene issues have become more and more relevant in the last few years due to the increasing population and difficulty in finding a solution to reduce the problems with microbial contaminations. Antimicrobial are used to control the growth of bacteria in surfaces, such as plastics and other materials. The market for antimicrobial additives has been developing steadily, with the largest market share for the healthcare industry.
Apart from healthcare it also used in food & beverages, construction, automotive, electronics, among others. In healthcare, it is used in integrated and lasting hygienic antimicrobial protection to products such as breathing circuits, endoscopes, etc. In food & beverages industry it is used to avoid infection from packaged and processed food. The increasing awareness about hygiene and safety has augmented the market for such additives.
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Antimicrobial Additives Industry Top Key Players:
The Dow Chemical Company
A. Schulman Inc
King Plastic Corporation
Regional Analysis of Global Antimicrobial Additives Market:
The global antimicrobial additives market has been segmented into five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Asia-Pacific dominated the global antimicrobial additives market in 2017 due to rapid industrialization and urbanization in countries such as China, India, Japan, and South Korea. The regional market is expected to remain the largest during the forecast period.
North America and Europe are also major markets for antimicrobial additives; these regional markets are expected to grow significantly during the forecast period. High consumer awareness of health and hygiene is expected to influence product demand in various end-use industries.
The Latin American market is expected to grow during the forecast period due to rapid industrialization in emerging economies such as Brazil, Mexico, Argentina, and Venezuela.
The market in the Middle East & Africa held the least share of the global antimicrobial additives market in 2017 and is likely to grow at a moderate rate during the forecast period. This growth can be mainly attributed to the growing construction and food & beverage industries in the region.
- Profiling of 10 key market players
- In-depth analysis including SWOT analysis, and strategy information of related to report title
- Competitive landscape including emerging trends adopted by major companies
- Regulatory Landscape
- Pricing Analysis
- Macroeconomic Indicators
- Product matrix which gives a detailed comparison of the market for different recycled product types
Study Objectives of Antimicrobial Additives Market :
- To provide detailed analysis of the market structure along with forecast for the next 6 years of various segments and sub-segments of the Global Antimicrobial Additives Market
- To provide insights about factors affecting the market growth
- To analyze the Global Antimicrobial Additives Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (RoW)
- Raw Materials Suppliers
- Aftermarket suppliers
- Research Institute / Education Institute
- Potential Investors
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