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Antimicrobial Addtives Market Growth Factors, Segmentation, Trends, Opportunities, Key Players and Forecast | Evolve Business Intelligence

02-20-2024 01:51 PM CET | Health & Medicine

Press release from: Evolve Business Intelligence

Antimicrobial Addtives Market Growth Factors, Segmentation,

As per the study initiated by Evolve Business Intelligence, the global Antimicrobial Addtives Market size accounted for USD 8.5 Billion in 2022, growing at a CAGR of 7.25% from 2023 to 2033. Antimicrobial additives are active agents that inhibit the growth of bacteria, fungi, and microbes. They are used in various applications such as plastics, paints and coatings, pulp and paper, and textiles. The global antimicrobial additives market size was valued at USD 3.11 billion in 2023 and is expected to grow at a CAGR of 5.6% to 9.0% from 2024 to 2030. The market is driven by factors such as the increasing demand for antimicrobials, the rise in the demand from the paper packaging industry, and the rise in the demand from emerging nations. Major players in the market include BASF SE, Clariant, and Sanitized AG.

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Key Highlights:
• The global Antimicrobial Addtives Market size was valued at USD 8.5 Billion in 2022 growing at a CAGR of 7.25% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033

Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Antimicrobial Addtives Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges..

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Key Players
Some of the major Antimicrobial Addtives Market players holding high market shares include BASF SE, DowDuPont, Sanitized AG and Biosafe Inc.. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• BASF SE
• DowDuPont
• Sanitized AG
• Biosafe Inc.
• Clariant
• NanoBioMatters
• M. Barr & Company Inc.
• PolyOne
• Milliken Chemical
• SteriTouch LTD
• Addmaster (UK).

Segmental Analysis
Market Segment By Type
• Organic
• Inorganic
Market Segment By Application
• Plastics
• Paints & Coatings
• Rubber & Silicone
• Fabric

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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and dataforecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making

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Evolve Business Intelligence
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Gujarat 396191
India
Email: sales@evolvebi.com
Website: https://evolvebi.com/

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

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