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Antimicrobial Additives Market Size Global Growth, Key Players and Forecast 2028

06-14-2022 05:30 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The insight partner

Antimicrobial additives such as silver, copper, zinc are specific solutions infused into a product during the manufacturing process to kill and prevent microorganisms' growth, including protozoans, microbes, bacteria, and fungi. These additives help improve the performance of a surface by permanently lessening the harmful effects of microbes that enable manufacturers to offer cleaner and more hygienic products. Antimicrobial additives find applications in healthcare, packaging, food & beverage, construction, and others.

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MARKET SCOPE
The "Global Antimicrobial Additives Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the antimicrobial additives market with detailed market segmentation by type, end-use industry and geography. The report provides key statistics on the market status of the leading antimicrobial additives market players and offers key trends and opportunities in the market.

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MARKET SEGMENTATION
Based on type, the global antimicrobial additives market is segmented into silver, copper, zinc, others
Based on end-use industry, the market is bifurcated into healthcare, packaging, food & beverage, construction, automotive, others (agriculture, electronic goods, personal care, and industrial)

MARKET DYNAMICS
Drivers
Mounting demand from various end-use industries, such as packaging, healthcare, and food & beverage
Growing use of silver-based products as antimicrobial additives

REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The antimicrobial additives market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the antimicrobial additives market in these regions.

IMPACT OF COVID-19 ON ANTIMICROBIAL ADDITIVES MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS
The report covers key developments in the antimicrobial additives market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from antimicrobial additives market are anticipated to lucrative growth opportunities in the future with the rising demand for antimicrobial additives in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the antimicrobial additives market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

1. The Dow Chemical Company
2. Polyone Corporation
3. Sanitized AG
4. Biocote Limited
5. King Plastic Corporation
6. LyondellBasell Industries Holdings B.V.
7. Plastics Color Corp.
8. Lonza
9. Life Materials Technologies Ltd.
10. Kafrit Industries

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Contact Us:
If you have any queries about this report or if you would like further information, please

Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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