Press release
Antimicrobial Additives Industry 2022-2026
The antimicrobial additives market is estimated to grow to USD 5.5 billion by 2026 from USD 4.0 billion in 2021, at a CAGR of 6.6%.Download FREE Sample Research Report of Antimicrobial Additives Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=5462394
The report provides a comprehensive analysis of company profiles listed below:
• BASF SE (Germany)
• DuPont De Nemours (US)
• Microban International (US)
• Sanitized AG (Switzerland)
• LyondellBasell (Netherlands)
• Avient Corporation (US)
• Biocote (UK)
• RTP Company (US)
• Milliken Chemical (US)
There has been massive industrial growth in APAC since the past few years, and this is expected to continue during the next five years. The domestic and foreign investments in the end-use industries like automotive, construction and food & beverage have been consistently growing over the past decade in the region, which is fueling the growth of the antimicrobial additives market. Antimicrobial plastics possess properties such as high antimicrobial activity, hardness, durability, and transparency, which make them suitable for use in non-toxic plastic equipment.
Plastic is expected to be the largest application of the antimicrobial additives market, in terms of value, between 2021 and 2026
Plastic application holds the highest share in the overall market in terms of volume and value for the forecast period. Antimicrobial plastics are a type of polymer material infused with antimicrobial agents and additives. The use of antimicrobial additives in plastic restrains the growth of microorganisms and helps in preventing harm cause by the presence of bacteria, fungi, and other parasites. Antimicrobial additives can be incorporated with plastic resin during compounding or as a masterbatch during molding.
"high economic growth in APAC to drive the demand for antimicrobial additives in the region."
APAC is the largest market for antimicrobial additives, and it is mainly attributed to high economic growth rate, followed by heavy investment across industries such as oil & gas, automotive, infrastructure, chemical, and steel & military among others. With economic contraction and saturation in the European and North American markets, the demand is shifting to the APAC region.
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Competitive Landscape of Antimicrobial Additives Market:
1 Introduction
2 Strategies Adopted By Key Players
3 Market Share Analysis
3.1 Ranking Of Key Market Players, 2020
3.2 Market Share Of Key Players
3.2.1 Dupont De Nemours Inc.
3.2.2 Basf Se
3.2.3 Avient Corporation
3.2.4 Microban International Ltd.
3.2.5 Sanitized Ag
3.3 Revenue Analysis Of Top Five Players
4 Company Product Footprint Analysis
5 Company Evaluation Quadrant (Tier 1)
5.1 Stars
5.2 Emerging Leaders
5.3 Participants
6 Start-Up/Smes Evaluation Quadrant
6.1 Progressive Companies
6.2 Responsive Companies
6.3 Starting Blocks
7 Competitive Situation And Trends
7.1 New Product Launches
7.2 Deals
7.3 Other Developments
Research Coverage:
This report segments the market for antimicrobial additives based on type, application, end-use industry region, and provides estimations for the overall market size across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, associated with the market for antimicrobial additives.
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