Current Market Scenario:
Antimicrobial Additives find usage in various end use application such as food & beverage, healthcare, electrical & electronics, building & construction, automotive, and others. The market is predicted to witness robust growth on account of their superior properties combined with excellent usage in various end use industries specifically in automotive & transportation, building & construction, electrical & electronics, and others. Among the end use industries segment, healthcare is estimated to grow tremendously followed by automotive. The factors attributed to the segmental growth are rising disposable income, steady urbanization in developing economies, and strong industrialization. Furthermore, growing transportation sector base in developed and developing countries along with rising need for high quality antimicrobial additives is projected to drive the growth of the market over the assessment period.
Antimicrobial Additives Industry Top Key Players:
The key players of global Antimicrobial Additives market report include- BASF SE, The Dow Chemical Company, Bayer AG, A. Schulman Inc., Sanitized AG, Clariant AG, Microban International, Biocote Limited, Polyone Corporation, King Plastic Corporation, and Steritouch Ltd.
Industry/ Innovation/ Related News:
June 2017- Foster Corporation launched Combat antimicrobial master batches for blending with medical device polymers. These antimicrobial is predicted to kill many microbes including methicillin-resistant staphylococcus aureus (MRSA) and others. This product launch is estimated to strengthen their position among the antimicrobial additives manufacturers.
October 2016- BASF SE announced to launch antimicrobial admixture for concrete protection named as MasterLife AMA 100. This product is able to offer sustainable solution for construction industry. This strategic move is estimated to expand BASF portfolio and is projected to strengthen company’s position among the global manufacturers.
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The Antimicrobial Additives report has analysed the level of competition among the key operating players in antimicrobial additives market as well as sector growth and market scenario. The global antimicrobial additives market comprises of broad range of suppliers operating in the market which includes moderate scale and small scale manufacturers. The important players of antimicrobial additives and large level manufacturers which has strong hold in the market have shifted their focus towards growth association specifically by Asia Pacific as moderate level and high level suppliers belongs to this province specifically from South Korea, the Philippines, Taiwan, Japan, Australia, China, India, Malaysia, and Thailand. In addition, the key operating players of antimicrobial additives are observed to follow various strategic plans to enhance their product portfolio such as distribution agreements, strategic acquisition, joint ventures, product launches, and mergers, and exclusive agreements. Important manufacturers in this market are predicted to enhance their production capacity of antimicrobial additives to meet the increasing demand for antimicrobial additives across the globe.
Antimicrobial Additives Market Scope:
This study provides an overview of the global antimicrobial additives industry, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global antimicrobial additives market as product, application and end-use
The global antimicrobial additives market spans across the regions of Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. Asia Pacific accounted for the largest share of the market in 2017 and is expected to maintain its dominance over the forecast period. Increase in demand for antimicrobial plastics in the region, and tremendous opportunities offered by various end-use industries has positioned Asia Pacific as a highly profitable market for antimicrobial additives. Europe is the second largest market for antimicrobial additives. Stringent regulations on food packaging, substantial healthcare spending, and immense presence of medical device manufacturers are factors driving the Europe market.
The global antimicrobial additives market has been segmented based on type, application, and end-use industry. By type, the market has been segmented into inorganic and organic antimicrobial additives. The inorganic segment has been further segmented into silver ion, copper, and zinc while the organic segment has been further segmented into phenolic biocides, silane quaternary ammonium compounds (QUAT), fungicides, and others. The inorganic segment led the market in 2017 on account of their high efficiency and strong physical properties.
By application, the market has been segmented into plastics, paints and coatings, pulp and paper, ceramics, and others. The plastic segment dominated the market in 2017.
By end-use industry, the market has been segmented into healthcare, construction, packaging textile, food & beverage, automotive, and others. The healthcare segment accounted for the largest market share in 2017 due to augmenting need for minimization of biofilm formation in healthcare products.
- 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
- Raw Materials Suppliers
- Aftermarket suppliers
- Research Institute / Education Institute
- Potential Investors
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