Antimicrobial Additives Market by Type, Application, End-User

List of Tables

[198 Pages Report] The Antimicrobial Additives Market size was estimated at USD 5.65 billion in 2023 and expected to reach USD 6.01 billion in 2024, at a CAGR 7.11% to reach USD 9.14 billion by 2030.

Antimicrobial additives are substances added to materials or products to inhibit the growth of microorganisms, such as bacteria and fungi, and protect against microbial contamination by preventing the spread of germs, mold, and mildew growth. Antimicrobial additives have become increasingly popular due to their ability to lower the risk of infection and improve product performance. Rising food industry standards and regulations have played a role, as antimicrobial additives are used to regulate the growth of microorganisms, improve storage times, and prevent food spoilage. Elevated consumer awareness and demand for products with enhanced safety and hygiene characteristics drive the demand for antimicrobial additives. However, fluctuating raw material prices significantly impede the utilization of antimicrobial additives. In addition, the emergence of organic and advanced antimicrobial additives and nanomaterials-based antimicrobial additives in the paints & coatings sector is expected to create tremendous opportunities for market development.

KEY MARKET STATISTICS
Base Year [2023]	USD 5.65 billion
Estimated Year [2024]	USD 6.01 billion
Forecast Year [2030]	USD 9.14 billion
CAGR (%)	7.11%

Regional Insights

In the Americas, particularly in the United States and Canada, there is a strong emphasis on health and hygiene in various industries, including healthcare, food & beverages, and construction, creating a need for antimicrobial additives. The manufacturing sector in the Americas is characterized by chemical and material companies investing in research and development to advance antimicrobial technology. Asia-Pacific, with emerging economies such as China and India, has witnessed rapid industrial growth and increased demand for antimicrobial additives, particularly for use in consumer products, electronics, and packaging. APAC is a hub for raw material production with the availability of manufacturing facilities and is poised to grow in its production capabilities of antimicrobial additives. Strict regulations in Europe regarding the use of antimicrobial additives have shaped their use in the region. The strong focus on environmentally friendly and sustainable additives and various laws influence the types of antimicrobial products permitted in the market. European manufacturers focus on sustainable production processes and are at the forefront of developing natural and non-toxic antimicrobial additives for various industries.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Antimicrobial Additives Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers
- Growing demand of antimicrobial additives from the automotive and construction industries
- Significant use of silver-based antimicrobial additives
- Growing awareness of health-related issues with ongoing hygiene campaigns

Market Restraints
- Fluctuating raw material prices of antimicrobial additives

Market Opportunities
- Emerging trend of antimicrobial clothing
- Use of nanomaterials-based antimicrobial additives in functional paints and coatings

Market Challenges
- Performance limitations of antimicrobial additives

Market Segmentation Analysis
- Type: Preference for inorganic antimicrobial agents due to its high-temperature resistance
- Application: Rising utility of antimicrobial additives in paints & coatings sector
- End-User: Exponential need for antimicrobial additives to ensure health and hygiene in the healthcare industry

Market Disruption Analysis
Porter's Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Antimicrobial Additives Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Antimicrobial Additives Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Avient Unveils New Cesa Withstand Antimicrobial Additives for TPU Film in Medical and Outdoor Applications

Avient Corporation expanded its Cesa Withstand series by introducing innovative antimicrobial and antifungal additives specifically designed for thermoplastic polyurethane (TPU) film-laminated applications. The latest product advancements aim to significantly improve the durability and hygiene of products in sectors that demand high-level microbial protection, such as outdoor, healthcare, aviation, marine, and industrial markets. These new Cesa Withstand grades offer a robust solution to prevent microbial proliferation, which can cause undesirable effects like odors, stains, and deterioration of material properties. [Published On: 2023-12-14]

Ampacet Launches ProVitalTM+ GermsClean, Medical-Grade Antimicrobial Masterbatch

Ampacet Corporation unveiled its latest innovation, ProVital+ GermsClean, and this medical-grade antimicrobial masterbatch is designed to enhance the hygienic properties of plastic products used within healthcare environments. ProVital+ GermsClean works by inhibiting bacterial growth and decelerating the replication of fungi on plastic surfaces, thereby preventing the development of dangerous biofilms. This significant advancement underscores Ampacet's commitment to addressing hygiene concerns in medical settings and advancing the functionality of healthcare materials. [Published On: 2023-11-01]

Supporting Health Innovation Through Research and Development Investments

The Canadian Ministry of Industry, Energy and Technology announced an investment above USD 1.5 million in research and development grants in a significant move to bolster health technology and innovation for a trio of local enterprises. Among the beneficiaries is Polyamyna Nanotech Inc., set to launch an R&D initiative with this investment to evaluate the adherence properties and bacterial growth mitigation capabilities of their pioneering antimicrobial coating, Keep Klear, on surfaces commonly found in healthcare settings. [Published On: 2023-10-31]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Antimicrobial Additives Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Antimicrobial Additives Market, highlighting leading vendors and their innovative profiles. These include Akzo Nobel N.V., Americhem, Avient Corporation, BASF SE, Biocote Limited, Blend Colours Pvt. Ltd., BSB Nanotechnology Joint Stock Company, Clariant AG, Corning Incorporated, DuPont de Nemours, Inc., Evonik Industries AG, FiteBac, LABORATORIOS ARGENOL, S.L., LANXESS AG, LG Electronics, Life Material Technologies Limited, Lonza Group, LyondellBasell Industries Holdings B.V., Microban International, Ltd., Milliken & Company, Mitsubishi Chemical Corporation, Momentive Performance Materials Inc., NICHEM SOLUTIONS, Nouryon Chemicals Holding B.V., Novapura AG, Polygiene Group AB, Primex Plastics Corporation by ICC Industries, Inc., RTP Company, Sanitized AG, Sarex Overseas, Saudi Basic Industries Corporation, SteriTouch Ltd. by Addmaster Ltd., Tekni-Plex, Inc., The DOW Chemical Company, Tosaf Compounds Ltd., and ZeoVation.

Market Segmentation & Coverage

This research report categorizes the Antimicrobial Additives Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Inorganic
  - Copper
  - Silver
  - Zinc

Organic
- 4,5-Dichloro-2-(N-Octyl)-4-Isothiazolin-3-One (Dcoit)
- Oxybisphenox Arsine
- Triclosan

Application
- Fabric
- Paints & Coatings
- Plastic
- Pulp & Paper
- Silicon & Rubber

End-User
- Automotive
- Construction
- Food & Beverage
- Healthcare
- Packaging

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New Jersey
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

Product Code: MRR-4337585168BC

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing demand of antimicrobial additives from the automotive and construction industries
  - 5.1.1.2. Significant use of silver-based antimicrobial additives
  - 5.1.1.3. Growing awareness of health-related issues with ongoing hygiene campaigns
- 5.1.2. Restraints
  - 5.1.2.1. Fluctuating raw material prices of antimicrobial additives
- 5.1.3. Opportunities
  - 5.1.3.1. Emerging trend of antimicrobial clothing
  - 5.1.3.2. Use of nanomaterials-based antimicrobial additives in functional paints and coatings
- 5.1.4. Challenges
  - 5.1.4.1. Performance limitations of antimicrobial additives
5.2. Market Segmentation Analysis
- 5.2.1. Type: Preference for inorganic antimicrobial agents due to its high-temperature resistance
- 5.2.2. Application: Rising utility of antimicrobial additives in paints & coatings sector
- 5.2.3. End-User: Exponential need for antimicrobial additives to ensure health and hygiene in the healthcare industry
5.3. Market Trend Analysis
- 5.3.1. Burgeoning demand for antimicrobial additives in healthcare and agriculture sector in Americas region
- 5.3.2. Expansion of textile and packaging industry to propel the growth of antimicrobial additives in the APAC region
- 5.3.3. Advancing application of antimicrobial additives in the automotive sector in the EMEA region
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework Analysis

6. Antimicrobial Additives Market, by Type

6.1. Introduction
6.2. Inorganic
6.3. Organic

7. Antimicrobial Additives Market, by Application

7.1. Introduction
7.2. Fabric
7.3. Paints & Coatings
7.4. Plastic
7.5. Pulp & Paper
7.6. Silicon & Rubber

8. Antimicrobial Additives Market, by End-User

8.1. Introduction
8.2. Automotive
8.3. Construction
8.4. Food & Beverage
8.5. Healthcare
8.6. Packaging

9. Americas Antimicrobial Additives Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Antimicrobial Additives Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Antimicrobial Additives Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. Avient Unveils New Cesa Withstand Antimicrobial Additives for TPU Film in Medical and Outdoor Applications
- 12.3.2. Ampacet Launches ProVitalTM+ GermsClean, Medical-Grade Antimicrobial Masterbatch
- 12.3.3. Supporting Health Innovation Through Research and Development Investments
- 12.3.4. Microban Launches Ascera Antimicrobial Technology
- 12.3.5. IFF Announces Strategic Partnership With Grupo Drul for the Distribution of Fermasure XL in The Brazilian Market
- 12.3.6. IFF launches FermaSure antimicrobial Additive For Sugarcane in Brazil
- 12.3.7. LG Leverages Revolutionary Innovations to Accelerate Its Advanced Materials Business
- 12.3.8. Polygiene Forges Strategic Partnership With N9 World Technologies
- 12.3.9. Foresight VCTs invest Euro 5 million in Antimicrobial Technology Developer Copptech
- 12.3.10. LANXESS Completes Acquisition Of IFF's Microbial Control Business

13. Competitive Portfolio

13.1. Key Company Profiles
13.2. Key Product Portfolio