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Antimicrobial Additives Market Size 2020 | Analysis, Top Manufacturers, Statistics, Opportunities and Forecast to 2028

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New York, NY 11 Nov 21: The global antimicrobial additives market size is expected to reach USD 4.46 billion by 2028 according to a new study by Polaris Market Research. The report “Antimicrobial Additives Market Share, Size, Trends, Industry Analysis Report, By Type (Inorganic, Organic); By Application (Paints & Coatings, Pulp & Paper, Plastics); By End-Use (Automotive, Packaging, Healthcare, Consumer Goods, Construction, Food & Beverage); By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The adoption of antimicrobial additives in the market is expected to increase during the forecast period owing to wide applications in industries such as construction, automotive, packaging, textile, and consumer goods among others. Increasing health concerns coupled with increasing urbanization and growing demand from the healthcare sector would further support the market growth. Increasing market demand from emerging economies of Asia Pacific, technological advancements, and significant investments in research and development of antimicrobial additives further supplement the market growth. 

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Antimicrobial Additives are used in diverse industries such as automotive, packaging, healthcare, food & beverage, consumer goods, construction, and others. The healthcare market segment accounted for the highest share in 2019. However, there has been an increase in demand for antimicrobial additives from the packaging sector. The use of these products in food packaging inhibits the growth of bacteria on the outer packaging and decreases food waste.

 

Brand owners and retail stores are increasingly adopting antimicrobial packaging solutions to cater to hygiene concerns and decrease risks of bacterial cross-contamination during storage and transit of food products. Integration of these products in the packaging of meat products and baked goods prevents the growth of bacteria such as Campylobacter, E. coli, Salmonella and Listeria, molds, and yeast on the outer packaging.

 

Antimicrobial Additives are used for diverse applications such as paints & coatings, pulp & paper, plastics, and others. They are widely used in the manufacturing of plastic products such as healthcare devices, sports equipment, business machines, and household goods to inhibit the growth of bacteria, mold, and mildew. In addition, these products offer a cost-effective solution to increase the life, durability, and hygiene of plastic products. The use of antimicrobial plastic products has increased in high-traffic environments such as airports, hospitals, and schools.

 

To get Incredible Discounts on this Premium Report, Click At : https://www.polarismarketresearch.com/industry-analysis/antimicrobial-additives-market/request-for-discount-pricing

 

Some of the major market participants include BASF SE, Clariant AG, Momentive Performance Materials Inc., Milliken Chemical, Microban International, SteriTouch Limited, Dow Inc., Plastics Color Corporation, RTP Company, LyondellBasell Industries Holdings B.V.,

A. Schulman, Inc., King Plastic Corporation, BioCote Limited, Sanitized AG, AkzoNobel N.V., Life Materials Technologies Limited, NanoBioMatters Industries S.L., and PolyOne Corporation.

About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.

Contact Us:

Polaris Market Research

Phone: 1–646–568–9980

Email[email protected]

Webhttp://www.polarismarketresearch.com

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