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Antimicrobial Additives Market Research Report: By Material Type (Plastics and Polymers, Paints and Coatings, Rubber, Ceramics, Textiles and Fabrics, Laminates, Paper, Foam), Sector Type (Building Materials/Construction, Automotive, Aviation, Marine, Consumer Electronics, Sports Goods, Packaging, Healthcare, Retail) – Global Industry Analysis and Growth Forecast to 2030

  • Published: February 2021
  • Report Code: CM10869
  • Available Format: PDF
  • Pages: 132

Anti-Microbial Additives Market Overview

The global anti-microbial additives market generated $1,753.2 million revenue in 2019, and it is expected to grow at a CAGR of 7.4% during the forecast period (2020–2030). The factors responsible for the growth of the market include rising threat of bio-resistance in patients due to administration of antibiotic drugs and increasing incidence of pathogen transmission due to human-to-human contact. Furthermore, surging adoption of these products in the aviation, marine, construction, healthcare, packaging, and food and beverage industries; and growing awareness among consumers toward health-related issues are also pushing the market for anti-microbial additives.

During the COVID-19 pandemic, lockdown and partial factory closure have negatively impacted manufacturing facilities across the globe. As the COVID-19 continues to spread around the world, companies have taken drastic steps in the form of plant closure to contain the spread of coronavirus and to ensure employees’ safety. However, increase in monitoring procedures to reduce the risk of coronavirus has led to higher demand for anti-microbial additives, globally.

Antimicrobial Additives Market Outlook

High Spread of Infections Raised Demand for Anti-Microbial Additives in Plastics and Polymers

The plastics and polymers category held the largest share in 2019 in the anti-microbial additives market, based on material type. Furthermore, the category is expected to retain its position in upcoming years, owing to the increasing demand for plastics and polymers in medical instruments, as a replacement for conventional materials used in surgical ventilators and anesthetic equipment. Also, the usage of conventional materials contains the risk of spreading contaminants, which can lead to infection.

Surging Healthcare-Acquired Infections (HAIs) Drives Demand in Healthcare Sector

The healthcare sector is expected to be the fastest-growing category in the anti-microbial additives market during the forecast period, based on sector type. The major reason behind the rising demand for anti-microbial additives in this sector is the growing prevalence of HAIs. According to the World Health Organization (WHO), in high-income countries, around 30% of the patients in the intensive care units (ICUs) are affected with at least one HAI.

Increasing Growth Rate in Manufacturing Companies Led the Market of North America

Geographically, North America was the largest contributor to the anti-microbial additives market in 2019. This is mainly attributed to the increased awareness of various attributes of anti-microbial additives, growth in end-use industries, and presence of key market players.

The Asia-Pacific (APAC) anti-microbial additives market is expected to witness the fastest growth during the forecast period, owing to the high-volume manufacturing of various products and equipment integrated with these additives for the healthcare, packaging, construction, and food & beverages industries. Moreover, the surging requirement for hygienic products leads to the increasing demand for the anti-microbial additives in the region.

Antimicrobial Additives Market Geographical Insight

Growth in End-Use Industries Using Anti-Microbial Products

Development in industries, such as healthcare and construction, is playing a significant role in the growth of the anti-microbial additives market. The adoption of novel drugs, technologies, and accessories, and usage of anti-microbial additives, are expected to bring the technological shift in the healthcare and construction sectors. For instance, according to the WHO, the use of anti-microbial additives in the healthcare sector needs to be increased, as anti-microbial treatment decisions in medical facilities are made by healthcare providers and patients, which can be time taking, leading to higher health risks arising from deceases caused from bacterial or microbial infections. Similarly, according to India Brand Equity Foundation, by 2040, the real estate sector in India will reach up to $9.30 billion from $1.72 billion in 2019. The growth in the construction sector is expected to create a surge in the demand for anti-microbial additives, as they are applied to a variety of building materials and fixtures.

Antimicrobial Additives Market Drivers

Increasing Health Awareness Among Consumers

Consumer awareness regarding health-related issues, such as hygiene and harmful microbial spread, has increased in the past few years. The rising outbreaks of life-threatening diseases, such as COVID-19, and continuous threat toward infections, such as HAI, have resulted in growing awareness among the people about the causes and prevention of such diseases. For instance, according to the Centers for Disease Control and Prevention (CDC), in 2018, 1 in 31 hospital patients were suffering from at least one HAI, in the U.S. This, in turn, leads to the high demand for anti-microbial additives in healthcare facilities.

Antimicrobial Additives Market Report Coverage
Report Attribute Details
Historical Years 2014-2019
Forecast Years 2020-2030
Base Year (2019) Market Size $1,753.2 Million
Forecast Period (2020-2030) CAGR 7.4%
Report Coverage Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Regional and Country Breakdown; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis; Company Profiling; Pricing Analysis
Market Size by Segments By Material Type; By Sector Type; By Region
Secondary Sources and References (Partial List) American Coating Associations; American Society for Microbiology; American Association of Textile Chemists and Colorists; American Society for Testing and Materials; Asian-Australasian Association of Animal Production Societies; Association of Antimicrobial Resistance; Environment Protection Agency; European Commission; European Food and Feed Cultures Association; European Union Reference Laboratory; Indian Academy of Sciences; Intellectual Property Intermediary, Singapore Ministry of Trade and Industry; United States Food and Drug Administration; U.S. National Library of Medicine; World Health Organization

 

Market Players Involve in Partnerships and Collaborations to Gain Significant Position

The global anti-microbial additives market is fragmented in nature. Some of the major players in the market are Akzo Nobel N.V., DuPont de Nemours Inc., BASF SE, Milliken Chemical Company, Microban International, BioCote, Sanitized AG, and Sciessent.

In recent years, the players in the anti-microbial additives industry have been involved in the partnerships and collaborations, in order to attain a significant position in the market. For instance:

  • In December 2020, Dongpeng Group, a manufacturer of ceramic floor and wall tiles, announced its partnership with Microban International for developing ceramic tiles made with anti-bacterial technology.
  • In October 2020, Sanitized AG announced its partnership with Ferro-Plast S.r.l. to utilize the Ferro-Plast’s expertise and extensive sales network in Italy. With this partnership, both the companies are benefited, as the addition of polymer anti-microbial additives by Sanitized in Ferro-Plast’s portfolio would enhance its product offerings.

Anti-Microbial Additives Market

Some of Key Players in Anti-Microbial Additives Market Are:

  • The Dow Chemical Company
  • LyondellBasell Industries B.V.
  • Clariant International Limited
  • BASF SE
  • DuPont de Nemours Inc.
  • Akzo Nobel N.V.
  • Momentive Performance Materials Inc.
  • RTP Company
  • Avient Corporation
  • Microban International Ltd.
  • Milliken Chemical Company
  • Biocote Limited
  • Sanitized AG

Antimicrobial Additives Market Size Breakdown by Segments

The antimicrobial additives market report offers comprehensive market segmentation analysis along with market estimation for the period 2014–2030.

Based on Material Type

  • Plastics and Polymers
  • Paints and Coatings
  • Rubber
  • Ceramics
  • Textiles and Fabrics
  • Laminates
  • Paper
  • Foam

Based on Sector Type

  • Building Materials/Construction
  • Automotive
  • Aviation
  • Marine
  • Consumer Electronics
  • Sports Goods
  • Packaging
  • Healthcare
  • Retail

Geographical Analysis

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia
  • Asia-Pacific (APAC)
    • China
    • India
    • Japan
    • South Korea
  • Latin America (LATAM)
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    •  South Africa
    • Saudi Arabia
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