PUBLISHER: DataM Intelligence | PRODUCT CODE: 1446815
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1446815
Overview
Global Antimicrobial Additive market reached US$ 4.2 billion in 2023 and is expected to reach US$ 6.9 billion by 2031, growing with a CAGR of 6.5% during the forecast period 2024-2031.
The growth of the antimicrobial additive market is being driven by the increasing demand for food packaging that is both safe and fresh for extended periods of time. Consumers are becoming more aware of the benefits of using food packaging with antimicrobial additives and so the demand for such packaging is on the rise.
From mid-2022 onwards, a research team at University of California Berkeley, U.S., is working on trying out some early experiments to test a new substance that could make tiles more resistant to mold. The substance would be added to the existing additives used in the tiles and would help them stay mold-free for a longer time especially when they are drying. The goal is to find a way to improve the performance of these additives and make the tiles more durable and resistant to mold growth.
Dynamics
Growing Concern of Drug Resistance Microbial Infections
The rise of drug-resistant infections around the globe has had a direct impact on the growth of antimicrobial additives. It is because the increase in drug-resistant infections means that traditional methods of managing and treating them have become less effective and new methods, such as the use of antimicrobial additives, have become necessary.
Statistics show that antimicrobial resistance is on the rise in many countries, with almost 3 million people in U.S. alone contracting a drug-resistant infection every year. The infections are also associated with more than 35,000 deaths annually, to counter there is an ongoing demand for the use of antimicrobial additives for drug resistant microorganism.
Leveraging Antimicrobial Additives to Extend Food Shelf-Life
Demand for the use of antimicrobial additives in food packaging is rapidly growing. Microbial additives help to prolong shelf life, inhibit microbial growth and prevent food spoilage. Also, they found in many forms such as liquids, gels, powders and aerosols. One of the main benefits of using antimicrobial additives in food packaging is extending the shelf life of food.
The scientists at University in Valencia, Spain have designed triple-layer PLA-starch-PLA films for active food packaging use. New active packaging method could potentially have a major impact on the food industry. The unique combination of PLA and starch in the structure of the film can provide a number of advantages over pulverized films, include antimicrobial properties, extended shelf life and more effective than pulverized films
Environmental Problem Associated with Disposal of Antimicrobial Additives
The dumping and finishing of antimicrobial additives present a potential problem for the environmental. One of the most significant issues with the disposal of antimicrobial additives is that they can cause water contamination. When these compounds are released into water sources via runoff or accidental spills, they can cause the death of important aquatic life. It may lead to the destruction of food webs; population declines of organisms and can even cause serious human health issues.
A group of over twenty scientists, including Erica Hartmann from Northwestern University, have expressed concern regarding the widespread use of antimicrobial chemicals during the COVID-19 pandemic. The chemicals, which can have adverse impacts on the environment, are being used at levels far above what is necessary. Moreover, the long-term effects of this hazardous overuse are not yet known.
The global antimicrobial additive market is segmented based on type, application, end-user and region.
Revolutionizing Paints & Coatings with Antimicrobial Additives
The use of antimicrobial additives in the healthcare sector has become increasingly popular. Most commonly used antimicrobial additives in the healthcare sector include silver nanoparticles, iodine and quaternary ammonium compounds. Scientists are exploring the use of bacteriophage-based agents, which are viruses that can be used to target and destroy bacteria. Another area of research is focused on developing biopolymers with antimicrobial properties, which could be used to coat medical surfaces and reduce the risk of bacterial transmission. New technologies such as nano silver and nano copper are being explored in the healthcare sector, as they offer an effective and cost-efficient way to protect against microbial infections.
Scientists are drawing inspiration from the wings of dragonflies and cicadas to develop a distinctive coating specifically designed for surgical orthopedic implants. The coating, developed by researchers at University of Illinois Urbana-Champaign, U.S. combines flexible sensors with a nanostructured surface designed for antimicrobial activity.
Advancing Antimicrobial Innovations in Asia-Pacific
Governments in Asia-Pacific are implementing stricter food safety regulations, which has created a demand for more effective antimicrobial solutions. It has led to innovative developments in the antimicrobial compounds being produced and used in the region. Scientists at the Indian Institute of Technology (IIT) in Mumbai, India have recently studied and reviewed the use of natural halloysite nanotubes as functional additives for active food packaging. The nanotubes have been found to have several properties that are beneficial for food packaging.
The region also has a long history of traditional medicine and a population that is increasingly open to the use of modern medicine. The region is characterized by rapid economic growth, increased investments in healthcare and pharmaceuticals and more support for research and innovation. It has led to a wide range of products available in the region, from traditional herbal medicines to modern pharmaceuticals. Moreover, countries such as India and China have large domestic markets and can be attractive destinations for manufacturers, which makes the region attractive for antimicrobial product investments.
The COVID-19 pandemic has had a profound impact on the growth of the antimicrobial additives market. The pandemic has raised awareness about the need to protect people from illnesses and infections, thus driving demand for products containing antimicrobial additives. The need for improved hygiene protocols in the wake of the pandemic has resulted in higher demand for products containing antimicrobial additives
The industrial sector has seen an increased demand for antimicrobial additives due to the growing use of equipment and machinery in industrial production. It is due to the need to maintain hygiene and prevent the spread of illnesses and infections. The COVID-19 pandemic has pushed for the need for increased sanitization and disinfection of public spaces and homes, as access to clean spaces and protective wear became a major priority.
Russia experienced a notable reduction in the availability of certain antimicrobial additives including both low-cost and mid-priced options. The decrease can be attributed to the low profitability of production and the pricing regulations set by the state during public procurements. The situation was exacerbated by the ongoing conflict between Russia and Ukraine.
The market for a popular class of preservatives known as parabens has significantly decreased in Europe due to the conflict. In United States, prices of these preservatives have skyrocketed due to decreased imports from Russia. Also, U.S, has imposed economic sanctions on Russia, making it difficult for companies to obtain certain types of antimicrobial additives from the west.
The major global players include BASF SE, Dow, Evonik Industries AG, Clariant, AkzoNobel, Lanxess, Elementis Specialties, Aekyung, Croda International, Solvay.
The global antimicrobial additive market report would provide approximately 53 tables, 50 figures and 184 Pages.
Target Audience 2024
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