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2021

Antimicrobial Additives Market

Antimicrobial Additives Market Size, Share, Competitive Landscape and Trend Analysis Report by Product Type, Application, End Use : Global Opportunity Analysis and Industry Forecast, 2021-2030

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Author's: Chidanand Bilagi| Nikhil Mittal | Eswara Prasad
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Antimicrobial Additives Market Statistics - 2030

The global antimicrobial additives market forecast was valued at $4.7 billion in 2020, and is projected to reach $9.3 billion by 2030, registering a CAGR of 7.1% from 2021 to 2030.

Antimicrobial additives are active additives included in the processing of a material that will hinder the life or growth of microorganisms. These microorganisms include a variety of organisms such as bacteria, mold, fungi, algae, and viruses. These additives are classified depending upon type of microbial action such as bacteriostatic and bactericides. Antimicrobial additives that eradicate the growth of bacteria are bactericidal antimicrobial additives, while those that prevent the growth of bacteria are known as bacteriostatic antimicrobial additives. Inorganic antimicrobial additives such as silver, copper, and zinc, are formulated into different forms such as concentrated powder, liquid suspension, or masterbatch pellet depending on the board substance and manufacturing method.          

Antimicrobial-Additives-Market,-2021-2030

Disease causing microorganisms are usually spread through airborne droplets developed by sneezing or coughing. These droplets settle on various surfaces and then spread to other person if they come in contact. For instance, Methicillin-resistant Staphylococcus aureus (MRSA) and vancomycin-resistant enterococcus are type of disease-causing microorganism usually found in healthcare sector. These microorganisms are capable of surviving on surfaces for entire day and some microbes can live around 90 days on surface. These microorganisms and are primary factors for increase in illness of patients in intensive care units (ICU). However, use of disinfectants such as hydrogen peroxide and others, is not effective for inhibiting disease causing microbes and includes environmental toxicity issues. Thus, antimicrobial additives are incorporated while manufacturing of healthcare products and others, owing to their capability of inhibiting or killing these disease-causing microbes. Spread of coronavirus has highlighted antimicrobial additives as primary factor for inhibiting the spread of cross contaminating viruses. Primary protective equipment, mask, and other medical wear are supportive factors for spread of virus owing to presence of virus on these surfaces. However, incorporation of antimicrobial additives while manufacturing healthcare products eliminating the risk of spread of virus. All these factors collectively surge the demand for antimicrobial additives, thereby augmenting the global antimicrobial additives market growth.

However, antimicrobial additives emit volatile organic compounds (VOC) during their manufacturing that can cause several health-related disorders such as conjunctival irritation, shortness of breath, fatigue, dizziness, skin problems, and others. Also, the exposure of volatile organic compounds (VOC) in high concentrations may cause irritation to the lungs, damage the liver, kidneys, central nervous system, and may lead to other chronic diseases. In addition, the increase in regulatory pressure and rise in public awareness regarding health issues and adverse environmental effects have lowered the demand for VOC-containing products. Furthermore, several regulatory bodies such as the United States Environmental Protection Agency (US EPA) and European Union Legislation have laid down norms and regulations to control the use of harmful or organic compounds in manufacturing antimicrobial additives. This factor hampers the market growth. 

On the contrary, the increase in regulations and rise in public awareness have made key manufacturers of antimicrobial additives produce non-hazardous, green, and sustainable antimicrobial additives. For instance, Henkel AG & Co. KGAA offers sustainable polyurethane adhesives with no added formaldehyde for sustainable bonding applications in building products. Furthermore, to comply with the global trends of sustainability Sika AG a leading manufacturer of antimicrobial additives is investigating sustainable options for its structural adhesive products. Also, according to an article published by a project procurement community named as B2B Purchase, the buyers are cognizant of opting for environmentally friendly materials. Thus, the emergence of non-hazardous and sustainable antimicrobial additives may offer remunerative opportunities for the growth of the antimicrobial additives market in the coming future. 

The global antimicrobial additives market analysis is done on the basis of product type, application, end-use, and region. By product type, the market is categorized into inorganic antimicrobial additives and organic antimicrobial additives. By application, the market is classified into plastic, paints & coatings, pulp & paper, and others. By end-use, the market is fragmented into construction, automotive, healthcare, food & beverage, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. 

The global antimicrobial additives market profiles leading players that include BASF SE, BioCote Limited, Clariant AG, King Plastic Corporation, Microban International Limited, Milliken Chemical, Sanitized AG, Lyondell Basell, PolyOne Corporation, and DOW Inc.

Antimicrobial Additives market, by region

The Asia-Pacific antimicrobial additives market size is projected to grow at the highest CAGR of 7.8% during the forecast period and accounted for 35.0% of antimicrobial additives market share in 2020. Nosocomial infections are highly observed in the healthcare sector and lead to the spread of healthcare associated infections (HAI). Antimicrobial additives such as silver and copper are widely utilized in healthcare industry in parts of Asia-Pacific region to prohibit the growth of HAI causing microbes. Another major market trend is the increase in use of antimicrobial additives in the plastic industry in China and other Asian countries.

Antimicrobial Additives Market
By Region
2030
Asia-pacific 
North America
Europe
LAMEA

Asia-Pacific would exhibit highest CAGR of 7.8% during 2021-2030.

Structural adhesives market, by product type

In 2020, the inorganic antimicrobial additives segment was the largest revenue generator, and is anticipated to grow at a CAGR of 7.0% during the forecast period. Copper inorganic antimicrobial additives are gaining importance in paints & coating applications owing to their ability to destroy genomic and plasmid DNA of micro-organisms. Healthcare equipment such as implants that are manufactured using laser sintering additive manufacturing process, pose a major threat of spreading infectious disease. Thus, major key players are developing new antimicrobial products that can be easily introduced into medical implants prior to their production process.

Antimicrobial Additives Market
By Product Type
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Organic antimicrobial additives type is the most lucrative segment

Structural adhesives market, by application

By application, the plastic segment dominated the global market in 2020, and is anticipated to grow at a CAGR of 7.3% during forecast period. Bacteria and fungi generally feed on plastic and polymer products, which in turn lead to discoloration, staining, unwanted smells, and degradation of plastic products. Building plastic products such as roofs, pipes, flooring, vinyl slides, insulation, and others are vulnerable to degrading and discoloration owing to growth of microorganism with additional support from climatic conditions. This is a major factor that augments the growth of the antimicrobial additives market. Other plastic applications such as automotive interiors, signage, electronic parts, yoga mats, and sports equipment, boost the need of incorporation of antimicrobial additives during manufacturing of these products. 

Antimicrobial Additives Market
By Application
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Paints & coatings application is projected as the fastest growing segment

Structural adhesives market, by end use

In 2020, the healthcare segment was the largest revenue generator, and is anticipated to grow at a CAGR of 7.8% during the forecast period. Key players in the healthcare sector are preferring utilization of antimicrobial additives that helps to reduce the risk of contamination. Methicillin-resistant Staphylococcus aureus (MRSA), E. coli, and Vancomycin-resistant Enterococcus VRE are types of bacteria that are present mostly on healthcare equipment such as breathing equipment, anesthesia equipment, implants, and others. Addition of antimicrobial additives while manufacturing medical equipment is the major key trend in the global antimicrobial additives market.

Antimicrobial Additives Market
By End Use
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Healthcare end use is projected as the fastest growing segment

Key benefits for stakeholders

  • Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
  • It outlines the current antimicrobial additives market trends and future estimations from 2020 to 2030 to understand the prevailing opportunities and potential investment pockets.
  • The major countries in the region have been mapped according to their individual revenue contribution to the regional market.
  • The key drivers, restraints, and opportunities and their detailed impact analysis are explained in the study.
  • The profiles of key players and their key strategic developments are enlisted in the report.

Impact Of Covid-19 On The Global Antimicrobial Additives Market

  • The COVID-19 pandemic has positively affected the global antimicrobial additives market. Antimicrobial additives are gaining importance in healthcare sector owing to their capability of reducing COVID-19 virus.
  •  In addition, several key-players in the global market are launching innovative antimicrobial additives that are widely used in protective apparel, masks, and others. 
  • For instance, company named as Tosaf is developing antimicrobial additive that can be incorporated during manufacturing of non-woven fabrics and films. Protective masks are mandatory to prevent spreading of coronavirus from one person to another. However, there are several chances of virus particles being trapped on the outer surface of face masks. 
  • Thus, it is recommended to use antimicrobial additives during manufacturing of face masks and other protective equipment that are used in the healthcare sector. Automotive manufacturers such as Ford Motors, are incorporating antimicrobial additives during manufacturing of cars. 
  • In addition, other startup companies such as HeiQ and others, are incorporating antimicrobial additives in textile products. These are the major factors augmenting the growth of the global antimicrobial additives market in this pandemic situation. 

Antimicrobial Additives Market Report Highlights

Aspects Details
Antimicrobial Additives Market By Product Type
By Product Type
  • Inorganic Antimicrobial Additives
  • Organic Antimicrobial Additives
Antimicrobial Additives Market By Application
By Application
  • Plastic
  • Paints & Coatings
  • Pulp & Paper
  • Others
Antimicrobial Additives Market By End Use Vertical
By End Use Vertical
  • Construction
  • Automotive
  • Healthcare
  • Food & Beverage
  • Others
Antimicrobial Additives Market By Region
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, UK, France, Italy, Spain, Rest of Europe)
  • Asia-Pacific  (China, India, South Korea, Japan, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, Rest of LAMEA)
Key Market Players
Key Market Players

MILLIKEN CHEMICAL, BIOCOTE LIMITED, SANITIZED AG, CLARIANT AG, MICROBAN INTERNATIONAL LIMITED, DOW INC., LYONDELL BASELL, POLYONE CORPORATION (AVIENT CORPORATION), BASF SE, KINGPLASTIC CORPORATION

Analyst Review

According to CXOs of leading companies, the global antimicrobial additives market is expected to exhibit high growth potential, inorganic antimicrobial additives inhibit the growth of microbes during additive manufacturing process such as computer-controlled manufacturing process or 3D printing. Laser sintering is an advanced additive manufacturing technology, which is used to manufacture complex geometric plastic products. Therefore, rise in utilization of silver based inorganic antimicrobial additive in plastic industry owing to its long-lasting efficiency and reduced level of toxicity to humans is the major key market trends in the global market.

Perishable food products are susceptible to contamination by various bacteria and fungi. Growth of bacteria and fungi in food products leads to deterioration of flavor, odor, and textural property of food. Organic antimicrobial additives are widely used to inhibit the growth of microorganism in packaged food products. These additives are incorporated into food product formulations or by adding them during manufacturing of packaging materials.

Rise in consumer preference for processed food and ready-to-eat food products is the major growth factor for organic antimicrobial additives market. Besides this, plastic products such as PVC and PUR foams, are susceptible to microorganism which in turn leads to staining, odor and deterioration of mechanical properties. Plastic products such as outdoor furniture, roof liners, pool liners, bath mats, and other PVC products are vulnerable to growth of microorganism. Using antimicrobial additive to protect these plastic products is predicted to offer lucrative growth opportunities for the market in the future.

Author Name(s) : Chidanand Bilagi| Nikhil Mittal | Eswara Prasad
Frequently Asked Questions?

The antimicrobial additives market will expand at a CAGR of 7.1% from 2021 – 2030.

The global antimicrobial additives market forecast was valued at $4.7 billion in 2020, and is projected to reach $9.3 billion by 2030.

Emergence of new infectious micro-organisms and increase in utilization of antimicrobial additives in plastic products are the factors that drives anti-microbial additives market growth.

BASF SE, BioCote Limited, Clariant AG, King Plastic Corporation, Microban International Limited, Milliken Chemical, Sanitized AG, Lyondell Basell, PolyOne Corporation, and DOW Inc are the leading players in anti-microbial additives market.

Product launch and partnership are the key growth strategies of anti-microbial additives market players.

By product type, the organic antimicrobial additives type would grow at a highest CAGR during the forecast period.

By region, Asia-Pacific will dominate the market by the end of 2030.

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Antimicrobial Additives Market

Global Opportunity Analysis and Industry Forecast, 2021-2030