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Antimicrobial Additives Market Size, Share & Industry Analysis, By Type (Organic and Inorganic), By Application (Plastics, Paints & Coatings, Pulp & Paper, and Others), By End-use Industry (Healthcare, Packaging, Food & Beverage, Construction, Automotive, and Others), and Regional Forecast, 2024-2032
Report Format: PDF | Published Date: Jan, 2025 | Report ID: FBI109655 | Status : PublishedThe global antimicrobial additives market size was valued at USD 10.71 billion in 2023. The market is projected to grow from USD 11.39 billion in 2024 to USD 20.15 billion by 2032 at a CAGR of 7.4% during the forecast period of 2024-2032.
Antimicrobial additives are substances or materials that are added to products to stop the growth of microorganisms, such as bacteria, algae, fungi, and mold. These additives prevent these microorganisms from reproducing and growing on surfaces, thereby increasing the product's lifespan, preserving its appearance, and ensuring its cleanliness and safety. The product can be utilized in a variety of applications, including plastics, textiles, paints, coatings, medical devices, and construction materials, to give protection against long-lasting antimicrobial properties.
The COVID-19 pandemic has had a mixed impact on various industries, including those reliant on antimicrobial additives. This has led to disruptions in the supply chain and shifts in market demand. While product demand fluctuated during the pandemic, the heightened focus on hygiene and antimicrobial products resulted in significant growth for the market.
Antimicrobial Additives Market Trends
Technological and Product Innovation in Antimicrobial Additives To Boost Market Growth
The market is witnessing significant growth and development due to technological advancements and product innovation. The products are increasingly integrated into a wide range of products, including textiles, plastics, coatings, and healthcare supplies. Innovations in these areas are driving demand as consumers and industries recognize the benefits of enhanced hygiene and durability. For example, the use of antimicrobial treatments in textiles assists in preserving freshness and minimizing odors, which is particularly crucial in sportswear and healthcare PPE.
Antimicrobial Additives Market Growth Factors
Growing Use of Antimicrobial Additive In Healthcare Industry Drives Market Growth
In the healthcare industry, incorporating antimicrobial additives is a crucial advancement for enhancing infection control measures. These additives are added to a variety of products and materials used in healthcare settings, such as medical devices, hospital curtains, bed linens, and even paints. The integration of antimicrobial properties directly into these products aims to decrease the risk of pathogen transmission, address hospital-acquired infections, and provide an extra layer of safety for both healthcare professionals and patients. This approach contributes to better health outcomes and supplements existing hygiene and sanitation protocols.
RESTRAINING FACTORS
Toxic Nature of Antimicrobial Agents and Regulatory Constraints Limit Market Growth
The growth of the market is being limited primarily by the toxic nature of certain antimicrobial agents and regulatory constraints. Environmental and health concerns have been raised about many antimicrobial additives, especially those containing metals such as silver, copper, and zinc, due to their toxicity. These substances have the potential to seep into the environment, impacting aquatic ecosystems and posing potential risks to human health. Research has indicated that silver-based antimicrobial coatings can release significant levels of silver into water, posing risks to vulnerable organisms such as crustaceans and algae.
Additionally, stringent regulations, such as the Biocidal Products Regulation (BPR) in the EU, require extensive testing for safety and efficacy before the products can be marketed. These regulations are designed to mitigate the risks associated with toxic substances, but they can also result in delays in product development and market entry.
Antimicrobial Additives Market Segmentation Analysis
By Type Analysis
Inorganic Dominated the Market Owing to Increasing Use in Healthcare Industry
Based on type, the market is classified into organic and inorganic.
The inorganic segment held the largest share of the global market in 2023 and is expected to experience substantial growth, primarily driven by increasing demand in the healthcare sector and heightened awareness of hygiene and health-related issues. The healthcare industry is a major end-user of inorganic antimicrobial agents, which play a crucial for preventing infections and maintaining hygiene in medical settings. The COVID-19 pandemic has further accelerated the product demand due to increased focus on sanitation and infection control.
The organic segment is projected to experience significant growth in the coming years. They are commonly used in household products such as filtration systems, laundry care, and floor cleaners.
By Application Analysis
Plastic Segment to Dominate the Market Owing to Its Extensive Applications
Based on application, the market is classified into plastics, paints & coatings, pulp & paper, and others.
The plastic segment is projected to dominate the market due to its extensive applications and the inherent vulnerabilities of plastic surfaces to microbial growth. Plastics are prevalent across various industries, including healthcare, automotive, electronics, and packaging. Antimicrobial additives are increasingly incorporated into these applications to enhance product longevity and maintain cleanliness, as bacteria and fungi tend to thrive on plastic surfaces.
Antimicrobial additives in paints & coatings provide additional protective features, such as resistance to mold, mildew, and bacteria. This is crucial for maintaining the aesthetic and functional integrity of surfaces, particularly in humid environments where microbial growth is prevalent.
The pulp and paper segment is contributing to the rise of the global antimicrobial additives market share. Paper products are susceptible to microbial contamination, which can lead to spoilage, degradation, and health risks. The products are essential for enhancing the durability and hygiene of paper products, especially in applications such as tissue production and food packaging.
By End-use Industry Analysis
Healthcare Segment Dominates the Market Due to Increasing Use of Various Plastic and Polymer-based Medical Devices
In terms of end-use industry, the market is segmented into healthcare, packaging, food & beverage, construction, automotive, and others.
The healthcare end-use industry dominates the market, with antimicrobial additives commonly incorporated into various plastic and polymer-based medical devices, such as catheters, surgical instruments, and personal protective equipment (PPE). These applications are essential for maintaining hygiene standards and improving patient safety.
The packaging segment is also experiencing favorable growth over the projected period. The increasing global demand for packaged food products is boosting the demand for antimicrobial additives in food packaging. These additives help preserve food ingredients, prevent microbial growth, and minimize the risk of foodborne illnesses, making them essential for food safety and shelf life extension.
The construction and automotive segments are also registering positive growth in the market. The products are being utilized in a variety of automotive applications, including interior materials, upholstery, and certain exterior coatings. This versatility is contributing to steady growth in the segment.
REGIONAL INSIGHTS
By region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Asia Pacific dominates the market and is projected to register the highest CAGR over the forecast period. The rapid expansion of industries such as packaging, healthcare, food & beverages in countries such as China, India, Thailand, and Singapore is a significant factor driving this growth. Government initiatives aimed at improving healthcare facilities further contribute to market expansion in this region.
The North American antimicrobial additives market is witnessing growth due to increasing consumer awareness about hygiene and safety, particularly in healthcare and food packaging. Innovations in antimicrobial technologies and materials are expected to bolster antimicrobial additives market growth in this region.
Europe is also a positive contributor to the market, with stricter regulations regarding hygiene and safety in construction and healthcare industries driving the demand for antimicrobial solutions in various applications.
The forecast period is expected to see a positive pace of growth in the market in the Middle East & Africa, and Latin America, driven by increased awareness of hygiene issues, which is likely to drive future growth.
KEY INDUSTRY PLAYERS
Key Players Adopted Expansion Growth Strategies to Maintain Their Dominance in the Market
In terms of the competitive landscape, the market represents the presence of emerging and established companies. BASF SE, Dupont, Microban International, Sanitized AG, and Avient Corporation are the major players in this market. These companies possess substantial production capabilities and manufacture products for industry-specific applications. They are also expanding their manufacturing capacity and sales and distribution network across the globe.
List of Top Antimicrobial Additives Companies:
- BASF SE (Germany)
- Dupont (U.S.)
- Microban International (U.S.)
- Sanitized AG (Switzerland)
- Avient Corporation (U.S.)
- BioCote Limited (U.K.)
- Milliken Chemical (U.S.)
- King Plastic Corporation (U.S.)
- RTP Company (U.S.)
- Addmaster Limited (U.K.)
KEY INDUSTRY DEVELOPMENTS:
- July 2023: BioCote Limited formed a strategic alliance with Eco Finish to utilize BioCote technology for creating antimicrobial surfaces in both residential and commercial pools. The antimicrobial components in the solution are designed to prevent the proliferation of bacteria, algae, viruses, and other microorganisms, providing enhanced safety and protection for individuals swimming in the pool.
- April 2023: Microban International entered a collaboration with Berry Global to launch Color Scents scented trash bags that incorporate antimicrobial technology. The objective of this collaboration was to merge Berry Global’s production expertise with Microban’s strong position in the market for antimicrobial technology solutions.
- May 2021: Avient revealed the introduction of GLS thermoplastic elastomer mixes that incorporate antimicrobial technology to provide defense against microbial proliferation. The antimicrobial agents help protect molded plastic parts by inhibiting 99.9% of bacterial growth and preventing the development of mold and fungi.
- January 2021: NovaGARD NR 100-G was launched by DuPont Nutrition & Biosciences in the Middle East and Africa. This antimicrobial solution is among the most efficient and environmentally friendly options for processed meat processors. Throughout the Middle East and Africa, DuPont introduced NovaGARD NR 100-G to bring this effective and label-friendly antimicrobial solution to processed meat packers in the region.
REPORT COVERAGE
The report provides a detailed analysis of the market. It focuses on key aspects, such as leading companies, types, compositions used to produce these product types, and product End-use Industry. Besides this, it offers insights into the market and current industry trends and highlights key industry developments. In addition to the factors mentioned above, it encompasses several factors contributing to the market's growth.
Report Scope & Segmentation
ATTRIBUTE | DETAILS |
Study Period | 2019-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2019-2022 |
Unit | Value (USD Billion) and Volume (Kiloton) |
Growth Rate | CAGR of 7.4% from 2024 to 2032 |
Segmentation | By Type
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By Application
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By End-use Industry
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By Region
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Frequently Asked Questions
How much is the worth of the global antimicrobial additives market?
Fortune Business Insights says that the global market size was valued at USD 10.71 billion in 2023 and is projected to record a valuation of USD 20.15 billion by 2032.
What was the value of the antimicrobial additives market in Asia Pacific in 2023?
In 2023, the Asia Pacific market value stood at USD 4.24 billion.
At what CAGR is the market projected to grow during the forecast period of 2024-2032?
Recording a CAGR of 7.4%, the market will exhibit steady growth during the forecast period of 2024-2032.
What is the leading segment in the market by end-use industry?
In 2023, Healthcare is the leading segment in the market by end-use industry.
What is the key factor driving the market?
Growing demand from the healthcare industry is a key factor driving the growth of the market.
Which region is likely to hold the highest market share?
Asia Pacific is poised to capture the highest market share during the forecast period.
- Global
- 2023
- 2019-2022
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