The author of the report analyzed that the antimicrobial additives market accounted for US$ 8.88 billion in 2017. Originally antimicrobials were used as biostabilizers in preservation of plastic materials. The use of antimicrobials as an additive to supply additional benefits to the user have tremendously increased in recent years. lack of antibacterial protection in humans can result in deteriorating health.
Pune, India -- (SBWIRE) -- 05/16/2018 -- The author of the report analyzed that the antimicrobial additives market accounted for US$ 8.88 billion in 2017. Originally antimicrobials were used as bio stabilizers in preservation of plastic materials. The use of antimicrobials as an additive to supply additional benefits to the user have tremendously increased in recent years. lack of antibacterial protection in humans can result in deteriorating health.
The food and healthcare are important sectors for the uptake of antimicrobial additives. Antimicrobial additives can help in preventing growth of spoilage and pathogenic microorganisms. The consumption of contaminated food leads to food poisoning and other medical conditions. It has been observed that owing to such reasons, awareness in using coated products is rising rapidly amongst consumers.
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Antimicrobial Additives Market is also segmented on the basis of end-use industry. The major end-use industries of antimicrobial additives are healthcare, packaging, food & beverage, construction, automotive, and others (agriculture, electronic goods, personal care, and industrial). The healthcare industry accounted for the largest share in the antimicrobial additives market. This industry is crucial for the antimicrobial additives market due to the volume of additives used. The use of antimicrobial additives in the healthcare industry provides integrated and lasting hygienic antimicrobial protection to products such as breathing circuits, endoscopes, and beds.
antimicrobial additives are low toxicity to animals, humans, and environment, easy applications, no negative impact on properties or appearance of products and compatibility with processing aids. This has the potential to hamper the market growth. In the U.S., the products are regulated by FIFRA (Federal Insecticide, Fungicide, and Rodenticide Act) while for the European region antimicrobials are regulated by Biocidal Product Regulation.
Plastic Anticipated to be the Dominant Segment During the Forecast Period, 2018-2026
Among the applications, plastic is a dominant segment holding the largest market share. In the plastic, antimicrobials can be used as preservative and antimicrobial active agent. Fungi, bacteria and algae has ability to attack the plastic, it can result in bad appearance of the plastic product.
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Awareness for Disease Prevention amongst consumers to drive the Market in Asia Pacific
In the 2017, Asia pacific accounted for the largest market share in the global antimicrobial additives market, followed by North America, Europe, Middle East and Africa. There is a rise in public awareness about antimicrobial additives owing to benefits, such as prevention and treatment of animal diseases and protection of humans against zoonotic pathogens.
Antimicrobial Additives Market is Fragmented with the Presence of Global and Regional Players
Akzo Nobel N.V., BASF SE, Bayer AG, Clariant Chemicals India Ltd., The Dow Chemical Company, A. Schulman Inc., BioCote Ltd., King Plastic Corporation, Microban International, Nanobiomatters, Sanitized AG and SteriTouch Ltd. among others. Recently, Ticona which is engineering polymers company has launched a family of antimicrobial acetal copolymers (POM).
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Antimicrobial Additives Market – By Type
Oxybisphenox Arsine (OBPA)
Antimicrobial Additives Market – By Application
Paintings and Coatings
Pulp and Paper
Market By End-Use
Food and Beverage
Market By Region
Middle East and Africa