Press release
Antimicrobial Additives Market 2021 Future Scope and Price Analysis of Top Manufacturers Profiles 2019-2026
The final Report will add the analysis of the impact of COVID-19 on this industryThe global antimicrobial additives market is expected to reach USD 14,656 million in 2028 from USD 9,476 million in 2018 at a negative CAGR of 6.4% during the forecast period 2019–2026.
Antimicrobial additives are chemical ingredients or specific solutions that are infused into a product during manufacturing process. These additives kill microorganisms or inhibit their growth until product shelf life. Moreover, they can improve the performance of a surface by permanently reducing negative effects of microbes. This has enabled manufacturers to offer products that are cleaner, safer, and more hygienic to use, giving them an instant competitive advantage.
Increasing demand for antimicrobial additives from the building and construction industry, increasing economic growth especially in healthcare and packaging industries, and rapid industrialization are the key factors for market growth in this region. India is the major contributor to the market growth and is expected to grow at a healthy CAGR of 7.2% during the forecast period. The construction industry in India is witnessing rapid growth due to expanding manufacturing capabilities and increasing consumption.
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The Major Players Covered in this Report: Clariant International Ltd, Valtris Specialty Chemicals Limited (Akcros Chemical Inc.), Ecolab Inc, Sanitized AG, Troy Corporation, DowDuPont Inc., Microban International, Ltd. (W.M. Barr & Company, Inc.), Stepan Company, BASF SE, Thor Group Limited ,and others, & More...
By Types, Organic Formulations, Arsenic-Based Formulations, Non- Arsenic-Based Formulations, Triclosan, Non-Metal Biocides, Others, Inorganic Formulations, Silver, Copper, Zinc, Others
By Application, PU Foam, Plastic, Paints and Coatings, Pulp and Paper, Others
By End User,
Commercial, Food and Beverage Processing, Packaging Materials, Building Materials, Others, Households, Appliances, Personal Care Products, Other Consumer Products, Construction Products, Flooring, Adhesive, Sealant, Others, Healthcare, Hospital Beds, Medical Devices, Carts, Other
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Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Antimicrobial Additives in the APAC Region
Asia-Pacific region is anticipated to hold the largest market share in the global Antimicrobial Additives market during the forecast period 2019-2026. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Antimicrobial Additives and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Antimicrobial Additives. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.
View this report with a detailed description and TOC @
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Our Report Covers
Historical inferences, findings & analysis of the market from 2013 to 2018
Projections and performance forecast analysis for the future from 2019 to 2028
Production and consumption point of view (POV) analysis
Market drivers, restraint and opportunity analysis, to define market dynamics covering industry, regulatory, innovation, technological & pricing trends
Comprehensive competitive landscape mapping with recent development covering market leadership, competency, sustainability, and prospects
Key questions answered in this report:
What will be the market size by the end of the forecast period?
What are the factors driving the growth of the market?
What are the trends and developments that are likely to drive the growth of the market?
Who are the key players operating in the market?
What are the challenges, threats, and opportunities faced by the leading players?
What are the strengths and weaknesses of the key players of the market?
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