Antimicrobial Additives Market to Set Phenomenal Growth from 2018 to 2025

The global antimicrobial additives market is driven by the rapid growth of the healthcare products in the industry. In the global market there is a high demand for antimicrobial additives, which is fueling the growth of the antimicrobial additives in the market. The consumer awareness towards using clean and safe products is increasing which is the key factor driving the global antimicrobial additive market. Ineffective antimicrobial protection can cause infections in humans which can thereby result in deteriorating health. Food and healthcare represent the key application sectors for the uptake of antimicrobial additives, due to which they are widely used in the food and beverage industry in packaging of various food items.

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Some of the major players of this market are AkzoNobel N.V., A. Schulman Inc., BASF SE, BioCote Ltd., Bayer AG, Clariant Chemicals India Ltd., King Plastic Corporation, Microban International, Nanobiomatters, Sanitized AG, SteriTouch Ltd., and The Dow Chemical Company.

Based on its types the Global Antimicrobial Additives market is segmented into:
• Organic antimicrobial additives
o Triclosan
o Oxybisphenox Arsine (OBPA)
o 4,5-Dichloro-2-(N-OCTYL)-4-Isothiazolin-3-One (DCOIT)
o Others

The Oxybisphenox Arsine (OBPA) stood as the fastest growing market for antimicrobial additives in 2016 and is expected to retain its position during the forecast period.
• Inorganic antimicrobial additives
o Zinc
o Copper
o Silver

Antimicrobial additives are widely used in the food and beverage industry but the excessive usage of antimicrobial in many applications leads to the phenomenon of antimicrobial resistance (AMR). Thus, the regulatory environment in many developed and developing economies challenge the growth of the global antimicrobial additives market. Inorganic antimicrobial additives accounted for major share of global antimicrobial additives market in 2016 and is expected to increase in the near future.

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Based on its applications types, the Global Antimicrobial Additives market is segmented into paints and coatings, plastic, pulp and paper, and others. Antimicrobial paints and coatings actively reduces the levels of bacteria and mold in a product, which means they are more hygienic and protected from the negative effects of microbial colonization. In terms of revenue, plastic application segment accounted as the largest application segment of antimicrobial additives market in 2016. Whereas the use of additives in the pulp and paper manufacturing process has specific purpose according to their chemical properties. The process helps food to stay fresh and good for perseverance involving the reduction in water discharge, and the recirculation and recovery of by-products.

As per the regions, the Global Antimicrobial Additives market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. The above-mentioned regions are further segmented on the country level. Asia Pacific accounted for a major share of the global antimicrobial additives market and is anticipated to increase in the near future. Other regions are also predicted to follow the lead and further fuel the growth of this market. The rapid healthcare expansion in emerging economies such as China, India, Brazil, Singapore, Mexico, Saudi Arabia, and Thailand among many others is anticipated to offer new opportunities for growth in these regions.

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