The global Antimicrobial Additives Market size reached USD 8,962.3 million in 2022. It experienced a 7.8% Y-o-Y growth in 2022 and is likely to total a valuation of USD 9,615.5 million in 2023.
Over the assessment period from 2023 to 2033, global antimicrobial additive sales are projected to soar at a CAGR of 8.0%, culminating in a market size of USD 20,809.5 million by the end of 2033.
Demand is likely to remain high for inorganic antimicrobial additives owing to their various additional properties. These additives are gaining wider popularity in a variety of sectors.
Key Trends Shaping the Market Growth
Antimicrobial additives are compounds added to products to prevent the development of or eradicate microorganisms including bacteria, viruses, and fungi. By interfering with bacteria' metabolic activities, these chemicals stop their growth and lower the danger of contamination or illness.
Antimicrobial additives are frequently employed in different sectors, including healthcare, food packaging, consumer goods, and building materials. By reducing the development of dangerous germs in materials and on surfaces, antimicrobial compounds help to improve safety, cleanliness, and product shelf life.
Antimicrobial additives can be categorized as organic or inorganic additives, each with unique characteristics and benefits.
Organic additives, derived from organic substances, are cost-effective and include quaternary ammonium compounds, phenolic biocides, and others like thiabendazole and chitosan. They find applications in hygiene chemicals, personal care, textiles, and more.
Inorganic additives, containing metal or inorganic compounds, are more expensive but offer long-lasting antimicrobial effects. Silver, copper, and zinc-based additives are commonly used in packaging, electronics, paints, and medical products.
Safety considerations vary, with organic additives' toxicity being low and inorganic additives, particularly metals, considered safe.
Rising adoption of antimicrobial-protected products for reducing the risk of infections and improving safety is anticipated to remain a key factor in driving the market.
Growing concerns regarding personal and family wellness and implementation of stringent regulations encouraging the use of antimicrobial products and devices will boost the market.
In recent years, there has been a rapid shift towards hygiene products due to the spread of infections and viruses. People are showing interest in using products such as coatings, plastics, textiles, and others containing antimicrobial additives. This is acting as a catalyst triggering market growth.
High usage in healthcare sector is expected to fuel antimicrobial additive sales during the projection period.
Antimicrobial additives provide permanent protection against the growth of microbes in healthcare sector. They find application in the production of various medical products.
Growing adoption of antimicrobial additives to reduce cross contamination in critical environments is set to create lucrative opportunities for antimicrobial additive manufacturers.
Medical device manufacturers and healthcare professionals are shifting their preference towards materials such as fabrics, plastic, and coatings that contain antimicrobial substances. Usage of these antimicrobial products helps them to prevent healthcare-associated infections.
Another key factor that will boost the global antimicrobial additives industry is the rising demand for packaged food products.
Food manufacturers are increasingly using antimicrobial additives in food packaging to preserve food ingredients, prevent microbial growth, & minimize the risk of diseases.
Rising demand for packaged food products along with growing need for antimicrobial food packaging is expected to fuel market expansions.
Leading antimicrobial additive companies are focusing on developing new grades to improve their revenues and expand their customer base. They are introducing new grades of microbial control additives such as silver-based antimicrobial Makrolon for medical devices.
Further, they are gradually shifting their preference towards natural antimicrobial additives or plant-based antimicrobial additives to comply with stringent environmental regulations. This will also help them to increase their sales.
Attributes | Key Insights |
---|---|
Estimated Global Antimicrobial Additives Market Value (2023) | USD 9,615.5 million |
Projected Antimicrobial Additives Market Size (2033) | USD 20,809.5 million |
Value CAGR (2023 to 2033) | 8.0% |
Collective Value Share: Top 5 Countries (2023E) | 37% to 42% |
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As per Future Market Insights (FMI), global sales of antimicrobial additives grew at a considerable growth rate of 7.8% CAGR between 2018 and 2022. This surge was primarily driven by the increased demand for these additives following the emergence of the COVID-19 pandemic. The market witnessed adoption across various new applications, contributing to its expansion.
This positive trend is expected to continue in the forecast period as consumers now recognize the importance of antimicrobial-coated surfaces for protection against harmful viruses and bacteria. As a result, the global market for antimicrobial additives is projected to expand at a CAGR of 8.0% from 2023 to 2033.
Key applications such as textiles and fabrics, healthcare and biomedical devices, high-touch surfaces, consumer electronics, durable appliances, hygiene chemicals, and packaging will play a significant role in driving the market's growth.
With an influx of new players entering this lucrative market and existing participants launching new products, the supply of antimicrobial additives is anticipated to increase significantly. This rise in supply will propel the overall market forward in the years to come.
The antimicrobial additives industry is witnessing substantial growth in hygiene and consumer products, primarily driven by the looming threat of another pandemic outbreak. A few of these growth drivers are listed below:
Increasing Usage of Antimicrobial Additives in Food and Beverage Industry
Antimicrobial additives are vital in the food industry to protect against spoilage, extend shelf life, and ensure food safety. They are used in food packaging, processing equipment, and utensils to prevent microbial growth and maintain product quality.
Rising consumer demand for longer-lasting and safe food products will therefore continue to boost the antimicrobial additives industry.
Antimicrobial Protected Products for Reducing the Risk of Infections and Improving Patient Safety
The healthcare sector widely employs antimicrobial additives to prevent the growth of bacteria and viruses, reducing infections and improving patient safety. Increasing healthcare-associated infections is driving demand for antimicrobial additives, and the trend is expected to continue through 2033.
Antimicrobial additives are integrated into medical devices, hospital equipment, and surfaces to minimize infection risks. The focus on infection control, along with consumer awareness of hygiene, propels the demand for healthcare products with antimicrobial properties, safeguarding individuals from harmful microorganisms.
Antimicrobials in Construction Sectors for Creating Healthier and Safer Built Environments
The construction sector's growth is another key factor boosting the antimicrobial additives market. Coatings, paints, and plastics incorporate these additives to prevent harmful microorganisms, ensuring stain-free, odorless, and durable materials.
Hospitals, schools, and public buildings prioritize healthy indoor environments. The demand for antimicrobial materials increases as builders and consumers aim for safer living spaces. With builders emphasizing antimicrobial properties to prevent virus spread, antimicrobial additive sales are set to rise at a robust pace through 2033.
The antimicrobial additives industry encounters barriers to growth, including high costs that hinder affordability for customers in packaging and textiles. Compliance with safety and effectiveness standards poses regulatory challenges, while cheaper alternatives such as naturally resistant materials limit market expansion.
Concerns about environmental impact and effects on living organisms further impede growth. The wide range of commercially available antimicrobial chemicals with diverse properties restricts the utilization of cost-effective options.
To overcome these obstacles, manufacturers and suppliers should prioritize addressing cost-related issues, improving affordability, and enhancing competitiveness.
It is crucial to develop environmentally friendly alternatives and effectively communicate the safety and long-term benefits of antimicrobial additives to potential customers. These measures will facilitate overcoming the challenges and fostering growth in the market.
Country | United States |
---|---|
Market Share (2023) | 16.9% |
Market Share (2033) | 17.4% |
BPS Analysis | +50 |
Country | China |
---|---|
Market Share (2023) | 10.5% |
Market Share (2033) | 11.0% |
BPS Analysis | +50 |
Country | Japan |
---|---|
Market Share (2023) | 4.4% |
Market Share (2033) | 4.6% |
BPS Analysis | +20 |
Country | India |
---|---|
Market Share (2023) | 3.9% |
Market Share (2033) | 4.3% |
BPS Analysis | +40 |
Country | ASEAN |
---|---|
Market Share (2023) | 3.3% |
Market Share (2033) | 3.6% |
BPS Analysis | +30 |
High Awareness About Benefits of Antimicrobial Additives Boosting the United States Market
The United States holds the leading position in the antimicrobial additives industry, driven by its growth and research and development efforts. The country boasts a substantial market for hygiene chemicals, packaging materials, cosmetics, healthcare manufacturing, consumer goods, durable household products, paints and coatings, and transportation manufacturing.
With a high spending capacity and increasing consumer awareness about the benefits of antimicrobial products, there is a significant rise in demand for antimicrobial additives from various manufacturing industries.
Consequently, numerous manufacturers are emerging to cater to this demand by offering antimicrobial solutions integrated into their products.
According to Future Market Insights’ (FMI) analysis, the United States market share is projected to increase from 16.9% in 2023 to 17.4% by 2033, gaining 50 basis share points. Over the projection period, the United States antimicrobial additives market is set to thrive at around 8.4% CAGR.
Growing Applications in Manufacturing Sector Elevating Antimicrobial Additive Demand in China
As per the latest report, China will remain a lucrative market for antimicrobial additives during the assessment period. The country's significance lies in its role as a manufacturing hub for various chemicals, electronics, and textile products that utilize antimicrobial additives in their production processes.
The growing infrastructure development in China has fuelled the demand for antimicrobial additives, particularly in building and construction products, as well as paints and coatings. Further, as the world's leading textile manufacturing country, China leads in the production of antimicrobial textiles for sectors such as sports, healthcare, and food and beverages.
According to estimations by Future Market Insights (FMI), China antimicrobial additives market is projected to expand at a CAGR of 8.6% during the assessment period.
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Demand to Remain High for Inorganic Antimicrobial Additives in the Market
Based on product type, the antimicrobial additives market is segmented into organic and inorganic antimicrobial additives. Inorganic antimicrobial additives, which consist of metal ions and other inorganic chemicals, hold a prominent market share of around two-thirds in terms of value.
Antimicrobial additives offer several advantages such as durability, non-volatility, and broad-spectrum antimicrobial activity. This makes them highly sought-after for applications in packaging, textiles, healthcare, and transportation sectors.
Silver and copper emerge as the most favored antimicrobials among the inorganic additives, accounting for over 50% of the market share. This is due to rising usage of these additives on account of their excellent microbial resistance.
As per the Future Market Insights (FMI), demand for inorganic antimicrobial additives is likely to rise at a significant CAGR of 7.6% from 2023 to 2033.
Growing Popularity of Antimicrobial Fabrics Making Textile & Fabrics a Key Application
According to Future Market Insights (FMI), adoption of antimicrobial additives is expected to increase at a significant pace in textile & fabrics. This is due to rising demand for antimicrobial textiles and fabrics from various sectors.
Antimicrobial fabrics are gaining popularity due to the need for hygiene and protection against harmful microorganisms, particularly in healthcare settings and other industries such as food and hospitality.
Antimicrobial additives are incorporated into the fabric during the production process, providing long-lasting protection against microorganisms.
Growing adoption of antimicrobial textiles in sportswear and healthcare garments is expected to drive demand for these additives. This is because they provide the necessary properties to create fabrics with antimicrobial properties, contributing to the growth of the antimicrobial additive industry.
The global antimicrobial additives market is highly fragmented, with tier-2 and tier-3 players owning over 60% of the market share. Leading manufacturers of antimicrobial additives are strategically expanding their operations in emerging countries such as China and India to increase their market presence and boost product sales in those regions.
Several market participants are actively investing in research & development efforts to create innovative products tailored to specific end-use applications. Working closely with end-users, these manufacturers are striving to develop antimicrobial solutions that precisely meet their requirements.
Prominent antimicrobial additive manufacturers are also placing significant emphasis on establishing long-term supply contracts with key end-use sectors. This strategy has enabled them to forge strong business relationships with prominent end-users and provide cost-effective and high-quality products.
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Attribute | Details |
---|---|
Estimated Market Size (2023) | USD 9,615.5 million |
Projected Market Size (2033) | USD 20,809.5 million |
Anticipated Growth Rate (2023 to 2033) | 8.0% CAGR |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in USD million, Volume in Tons, and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Market Segments Covered |
Product Type, Form, Application, Region, |
Regions Covered |
North America; Latin America; Western Europe; Eastern Europe; Russia and Belarus; Balkan and Baltic Countries; Central Asia; East Asia; South Asia and Pacific; Middle East and Africa; |
Key Countries Covered |
United States, Canada, Mexico, Argentina, Brazil, Germany, Italy, France, United Kingdom, Spain, Nordics, BENELUX, Poland, Hungary, Romania, Czech Republic, Russia, China, Japan, South Korea, India, Association of South East Asian Nations, Australia and New Zealand, Kingdom of Saudi Arabia, United Arab Emirates, Türkiye, Northern Africa, South Africa, Israel |
Key Companies Profiled |
BASF SE; Solvay S.A.; Ecolab Inc.; Lanxess AG; Clariant AG; Evonik Industr;ies AG; Huntsmann Corporation; DuPont de Nemours, Inc.; Ashland Inc.; Aviant Corporation; Sanitized AG; Croda International Plc.; Addmaster Limited; Microban International; RTP Company; Novapura AG; Blend Colours Pvt. Ltd.; Miliken; Plastiblends; Foster Corporation; Ampacet Corporation; Polyone |
The antimicrobial additives market is slated to attain US$ 9,615.5 million in 2023.
The market is expected to expand at a CAGR of 6.9% through 2033.
The key trends include the rising demand for antimicrobial additives in the healthcare sector and the growth of the packaging industry.
The increasing adoption of antimicrobial additives in various end-use industries is creating new opportunities.
The leading players in the market include BASF SE, The Lubrizol Corporation, and Clariant AG.
1. Executive Summary 2. Market Overview 3. Key Market Trends 4. Key Success Factors 5. Global Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033 6. Global Market - Pricing Analysis 7. Global Market Demand (in Value or Size in USD Million) Analysis 2018 to 2022 and Forecast, 2023 to 2033 8. Market Background 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type 9.1. Organic 9.1.1. Quaternary Ammonium Compounds 9.1.2. Phenolic Biocides 9.1.3. Others 9.2. Inorganic 9.2.1. Silver Ion Anti-Microbial Additives 9.2.2. Zinc Anti-Microbial Additives 9.2.3. Copper Anti-Microbial Additives 9.2.4. Others 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Form 10.1. Liquid 10.2. Powder 10.3. Masterbatch Pellet 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 11.1. Hygiene Chemicals 11.1.1. Homecare Chemicals 11.1.2. Commercial & Industrial Cleaning Chemicals 11.2. Packaging 11.2.1. Consumer Packaging 11.2.2. Food and Beverages Packaging 11.3. Personal Care & Cosmetics 11.4. Consumer Electronics, Durables & Appliances 11.5. Commercial and Household Products 11.5.1. Sanitary ware Products & Accessories 11.5.2. Kitchenware and Tableware 11.6. Textile and Fabrics 11.6.1. Technical Textile 11.6.2. Apparels and Garments 11.6.3. Furniture and Curtain Upholstery 11.6.4. Footwear 11.7. Toys & Stationery 11.8. Paints, Coatings & Inks 11.9. Medical Devices 11.10. Transportation 11.11. High Touch Surfaces (Handles/Locks/Countertops) 11.12. Others 12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region 12.1. North America 12.2. Latin America 12.3. Western Europe 12.4. Eastern Europe 12.5. Central Asia 12.6. Russia & Belarus 12.7. Balkan & Baltic Countries 12.8. Middle East and Africa 12.9. East Asia 12.10. South Asia and Pacific 13. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 14. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 15. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033 16. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033 17. Russia & Belarus Market Analysis 2018 to 2022 and Forecast 2023 to 2033 18. Balkan & Baltic Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033 19. Central Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033 20. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033 21. South Asia & Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033 22. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033 23. Countrywise Market Analysis 24. Market Structure Analysis 25. Competition Analysis 25.1. BASF SE 25.2. Solvay S.A. 25.3. Ecolab Inc. 25.4. Lanxess AG 25.5. Clariant AG 25.6. Evonik Industries AG 25.7. Huntsman Corporation 25.8. DuPont de Nemours, Inc. 25.9. Ashland Inc. 25.10. Aviant Corporation 25.11. Sanitized AG 25.12. Croda International Plc. 25.13. Addmaster Limited 25.14. Microban International 25.15. RTP Company 25.16. Novapura AG 25.17. Blend Colours Pvt. Ltd. 25.18. Miliken 25.19. Plastiblends 25.20. Foster Corporation 25.21. Ampacet Corporation 25.22. PolyOne 26. Assumptions and Acronyms Used 27. Research Methodology
Chemicals & Materials
October 2024
REP-GB-1088
315 pages
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