Global Antimicrobial Additives Market; By Type (Organic and Inorganic); By Application (Plastics, Paints & Coatings, and Other Applications); By End-Use (Packaging, Healthcare, and Other End-Uses); as well as By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast: 2023-2032

Report Overview

The Global Antimicrobial Additives Market size is expected to be worth around USD 4.73 Billion by 2032 from USD 2.69 Billion in 2022, growing at a CAGR of 5.8% during the forecast period 2022 to 2032.

Booming population figures and rapid urbanization levels of emerging economies in the Asia Pacific are expected to boost the market for antimicrobial products. This is slated to lead to an increase in product demand over the projected timeline. Product demand is likely to increase in the healthcare and packaging industries.

Due to the rising number of COVID-19 cases worldwide, there is projected to be an increase in demand for both healthcare and packaging products. A strong presence by top healthcare product manufacturers in the Asia Pacific is anticipated to account for the majority of the market share.

Market Dynamics:

Japan, India, Indonesia, and Thailand are all expected to be a part of the Asia Pacific region’s construction boom following the pandemic. These countries have higher consumer disposable incomes and increased government spending on large-scale infrastructure projects. This growing market is contributing to increasing demand for commercial, residential, institutional, and other infrastructure in China.

The U.S. market is slated to experience modest growth over the next several years. Due to the high demand for premium healthcare services and the availability of reimbursement plans, it is expected that the medical device industry will also expand in the United States. The demand for surgery is expected to increase on account of continually increasing target populations and the increase in vehicle accident rates. This is anticipated to lead to a rise in product demand in the future.

To meet strict regulations, suppliers of antimicrobial Adhesives ingredients have created new compositions and introduced them to meet the safety administration and antibacterial properties standards. Accordingly, market growth is expected to be limited by these stringent regulations.

Global Antimicrobial Additives Market Scope:

Type analysis

The inorganic segment accounted for 53.4% of this global market in terms of revenue in 2021. The forecast period is expected to index a strong demand for zinc, silver, and copper-based additives. Antimicrobial agents made from silver are popular because of their non-toxicity, long-lasting performance, eco-friendly nature, high-temperature stability, as well as protection against microbe growth. Zincpyrithione, which is an excellent antibacterial additive, is often added to materials that are more susceptible to mold growth. Preservative and sterilized applications containing copper salts can provide antimicrobial protection. These include coatings, paints, polymers, and coatings.

Organic antimicrobial agents are used in paints & coatings to provide protection against odor- and stain-causing bacteria as well as biodegradation. Triclosan, for example, prevents the growth of microbes by way of a chemical reaction. This causes their cells to become damaged and penetrable. Because the cell wall is perforated and excludes metabolites, it also damages other cell functions, which stops microbes from replicating. The ban on the sales of Oxybisphenox Arsine (OBPA), triclosan and other toxic substances will cause a slowdown in the organic segment’s growth over the forecast period.

Application analysis

The plastics application market segment dominated this market & represented 35.6% of global revenues in 2021. This is due to plastic’s versatility, which makes it a popular material for food containers, soap dispensers, & breathing devices. Plastic is susceptible to microbial growth such as bacteria and mold. This can negatively impact a product’s lifespan. In order to provide protection against microbes in plastic products, antimicrobial ingredients are used during their production. All types of coatings or paints (water, oil, solvent, and powder-based) can be used with antimicrobial ingredients.

Antimicrobial agents are greatly beneficial for decorative, industrial, and specialty coatings. Silver-based product protection additives are cost-effective when combined with paints. When used on paper, metal, or plastic, the additives in inks, and lacquers, provide durable top coat protection. Pulp & papers is a broad industry. There are specialized papers used in tissue production, currency printing, newspaper printing, as well paperboards used for packaging. Paper is very susceptible to the accumulation of dirt. Therefore, all paper products must be microbe-resistant in order to be used in various end-use situations.

End-Use analysis

The market leader in the global healthcare segment accounted for approximately 27.6% of total revenues. The growing demand for healthcare products, as well as the steady increase in aging populations, are anticipated to drive this segment’s growth at an impressive CAGR of 6.5% between 2023-2032. The healthcare environment plays a key role, especially in Healthcare-Associated Infections (HAIs). Additional infections, that can occur during a patient’s stay in a hospital, can prove fatal. These infections are generally caused by antibiotic-resistant bacteria.

The U.S. Department of Health and Human Services reports that one in 25 patients suffers from HAIs each year. HAIs can lead patients to spend more money, as well as have longer hospital stays and readmissions. This has led to a greater interest & the development of products and strategies to lower the risk of HAIs. This is one step towards reducing the risk of HAIs by incorporating antimicrobial ingredients in healthcare sector furnishings and medical equipment.

Due to the constant use of water hydration and additives in the food & beverage industry, this end-use segment is expected to index significant growth over the forecast period. This projected growth in product demand in the food & beverage industry is slated to be driven by changing lifestyles of consumers and by ever-increasing populations.

Кеу Маrkеt Ѕеgmеntation:

By Type

• Organic
• Inorganic
• Copper
• Zinc
• Silver

By Application

• Pulp & Paper
• Plastics
• Paints & Coatings
• Other Applications

By End-Use

• Healthcare
• Surgical Drapes
• Syringes
• Minimally Invasive Medical Products
• Endotracheal Tubes
• Wound Dressing
• Re-usable Medical Items
• Hospital Bedding
• Dental Trays
• Orthopedic Devices
• Beds
• Medical Scrubs
• Hospital Gowns
• Laparoscopic Instruments
• Packaging
• Food Packaging
• Controlled Release Packaging
• Active Packaging
• Non-food Packaging
• Food & Beverage
• Bakery Food
• Beverages
• Dairy
• Meat Processing
• Building & Construction
• Insulation
• Faucets & Fixtures
• Door Hardware
• Carpet
• Paints
• OSB
• Sealants & Grouts
• Melamine
• Others
• Automotive & Transportation
• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Trains
• Airplanes
• Textile
• Apparels
• Home Textiles
• Footwear
• Sport Textiles
• Non-woven
• Others
• Consumer Goods
• Cleaning Products
• Cosmetics
• Toys
• Other End-Uses

Regional Analysis

The Asia Pacific dominated this industry and accounted for 38.7% of the total global revenues in 2021. This market size is driven principally by the growth of key end-use industry sectors like the automotive, construction, and healthcare sectors. The strong manufacturing base of India, China, and Japan’s automobile industry, as well as increased sales of passenger cars, is expected to increase product demand.

Furthermore, favorable policies like Foreign Direct Investments and ‘Make in India’ initiatives (both implemented by the government in India) are projected to increase the growth potential of the automotive industry.

The Indian government approved a proposal for US$5.87 million in investments through the Production Linked Incentive Scheme (PLI) schemes. These creativities are expected to support the automobile industry and, in turn, will lead to an increase in product consumption in automobile applications.

Antimicrobial additives are expected to be more in demand in this region due to industrial expansion. The growth of the construction industry in the Asia Pacific and increased infrastructure spending in China and India, are key factors that have driven product demand. COVID-19, however, had an adverse effect on the regional market due to restricted cross-border trading between countries. Due to the increasing usage of personal protective gear, & syringes (surgical drapes), this region’s healthcare end-use market fostered product demand.

Key Regions and Countries Covered іn this Rероrt:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share & Key Players Analysis:

The presence of numerous manufacturers around the world makes the global antimicrobial ingredients market highly fragmented. Global major players are subject to intense competition from both regional and international players.

Some of the most prominent players in the industry are involved with activities such as mergers & Acquisitions, the expansion of manufacturing facilities, investments, and R&D activities. LyondellBasell Industries Holdings B.V. purchased A. Schulman Inc. in August 2018 to expand its polymer division. Sanitized AG partnered with Bodo Moller Chemie, in November 2019, for the distribution of sanitized microbiological additives to the Eastern Europe market. Sanitized AG partnered also with FERRO-PLAST to serve the Italian market expansion in October 2020.

Both companies can expect to benefit from this long-term strategic partnership in the sales of antimicrobial polymer additive products. There are several prominent players in this global market for antimicrobial products.

Маrkеt Кеу Рlауеrѕ:

• NanoBioMatters Industries S.L.
• BASF SE
• RTP Company
• Milliken Chemical
• BioCote Ltd.
• SteriTouch Ltd.
• Microban International
• Clariant AG
• PolyOne Corp.
• Momentive Performance Materials Inc.
• Other key Market Players

For the Antimicrobial Additives Market research study, the following years have been considered to estimate the market size: