Press release
Antimicrobial Additives Market To Reach USD 18,700 Million By 2027 | AkzoNobel N.V., BASF SE, The Dow Chemical Company
Antimicrobial additive is an antimicrobial agent that inhibits and prevents the growth of microbes such as mould, fungi, and bacteria.This research report will provide you with in-depth knowledge of the Antimicrobial Additives Market and will assist you in making strategic decisions. The final research document is a comprehensive 150-page document. All of our reports are typically purchased across industries by Executives, Managers, Senior Managers, Strategy people, Directors, Vice Presidents, CXOs, and others to assist them in understanding market trends and analysis, competition, industry landscape, market size, market revenue, forecast, SWOT analysis, and other similar topics.By the end of 2019, the global antimicrobial additive market is expected to be worth US$ 10,100 Mn in terms of value and 37 KT in terms of volume.
The following are the top key vendors in this market : AkzoNobel N.V., BASF SE, The Dow Chemical Company, Sanitized AG, SteriTouch Ltd., BioCote Ltd., Life Material Technologies Ltd., Momentive Performance Material Inc., Clariant Chemicals India Ltd., and Nanobiomatters..
According to the Ministry of Food Processing Industries and the Government of India, consumption of food and beverages in India is expected to rise from US$ 369 billion in 2017 to US$ 1.142 trillion by 2025, while output of the food processing sector (at market prices) is expected to rise to US$ 958 billion during the same period.
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Market Opportunities
Another major factor expected to propel the market growth of antimicrobial additive is the increasing demand for advanced products such as inorganic silver-based antimicrobial additive for creating hygiene surfaces across various sectors. Ampacet, for example, launched GERMSCLEAN 684 in November 2017, an inorganic antimicrobial additive for the effective protection of plastic articles using silver-based technology. It provides exceptional long-term protection against the proliferation of a wide range of harmful microorganisms by inhibiting the growth of bacteria and slowing the multiplication of harmful biological layers by fungi.
The impact of Covid-19 in this report Antimicrobial Additives Market will be examined in the final report.
The current report examines the impact of the COVID-19 pandemic on the global Antimicrobial Additives Market in response to the recent novel COVID-19 pandemic. The report investigates and depicts the impact of a new coronavirus pandemic on the Antimicrobial Additives Market's growth.
The Antimicrobial Additives report contains valuable information on market driving forces that are expected to have a significant impact on company portfolios and industry market share. Similarly, the Antimicrobial Additives report investigates all recent market strategies by categorising them based on the market's challenges and opportunities in the coming years.
Segmentation By Application
• Paints & Coatings
• Inks
• Paper
• Plastics
• Fabric/Textile
• Silicone & Rubber
• Others
By End-User
• Building & Construction
• Healthcare
• Automotive
• Electronics
• Food & Beverages
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
What are the benefits of using our report?
» Recent Technological Advancements
» Report in Depth
» Historical and Present-Day Scenarios
» Opportunities in the Market
» Extensive Product Line
» Strong Industry Concentration
» Dynamics of Growth
» Analysis of Value Chains Research Methodology That Is Dependable
Finally, the report Antimicrobial Additives Market 2021 contains an industry development game plan, an industry information source, research findings, an appendix, and a conclusion. The report demystifies the market by focusing on the market manufacturing procedure, market competitors, seller and merchant classification, innovation implementation, and business growth strategies. All of these specifics will allay customers' fears about future plans and actions to compete with other market participants. In addition, the most recent market improvements are shown.
Antimicrobial Additives Market insights will increase the revenue impact of businesses in a variety of industries:
» Providing a framework for analysing the attractiveness quotient of various products/solutions/technologies in the Antimicrobial Additives Market; assisting stakeholders in identifying key problem areas related to their consolidation strategies in the global Antimicrobial Additives market; and providing solutions.
» Evaluating the impact of shifting regulatory dynamics in regions where companies want to expand their presence.
» Provides knowledge of disruptive technology trends to help businesses make smooth transitions.
» Assisting leading corporations in recalibrating their strategies in order to stay ahead of competitors and peers.
» Insights into promising synergies for top players seeking to maintain market leadership, as well as supply-side analysis of the Antimicrobial Additives market.
» The most recent market research Furthermore, a Antimicrobial Additives market survey provides an outlook in 20+ countries across key categories.
» Insights and forecasts on Antimicrobial Additives market drivers, trends, and influencing factors are also included in the study.
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