Allied Market Research

Antimicrobial Additives Market Forecast, 2017-2023

Rise in health awareness in consumers, growth of end-user industries, and increase in demand for silver-based products as antimicrobials drive the antimicrobial additives market.

 

Portland, OR -- (SBWIRE) -- 08/30/2017 -- Antimicrobial Additives restrain growth of microorganisms throughout the useful life of the product, enhance product life & hygiene, and provide value addition to an end product. These additives are infused into a product during the manufacturing process. These additives are utilized in various applications according to the utility and end use of the product.

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Rise in health awareness in consumers, growth of end-user industries, and increase in demand for silver-based products as antimicrobials drive the antimicrobial additives market. However, stringent regulations about the manufacturing and distribution of antimicrobial additives, and fluctuation in prices of raw materials hamper this growth. Increase in recycling activities in industrial sector and consumer preference towards quality products lead to mandate usage of these additives, which presents a key opportunity in the industry.

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The global antimicrobial additives market is segmented based on type, application, end use, and geography. Based on type, it is bifurcated into inorganic and organic additives. Inorganic additives include silver, zinc, and copper, whereas organic additives are divided into oxybisphenox arsine (OBPA), 4, 5-dichloro-2-(N-octyl)-4-isothiazolin-3-one (DCOIT), triclosan, and others. Based on application, the market is divided into plastic, paints & coatings, pulp & paper, and others. The end-use industry includes construction, automotive, healthcare, food & beverage, packaging, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.