Increasing Use of Organic and Bio-based Antimicrobials Additives to Drive Industry Growth
Antimicrobial additive market is anticipated to grow at a CAGR of 6.5% during the forecast period (2024–2031). The adoption of bio-based or organic antimicrobial additives is gaining traction globally owing to increasing consumer and regulatory emphasis on incorporating naturally sourced antimicrobials such as essential oils, plant extracts, and enzymes into finished products. The naturally sourced antimicrobials offer effective protection against microbial contamination without contributing to antibiotic resistance while also promoting product safety and sustainability. The presence of several cohesive policies and regulations is expected to make their adoption more necessary in sectors such as consumer goods, healthcare, and textiles.
Browse the full report description of “Antimicrobial Additive Market Size, Share & Trends Analysis Report by Type (Inorganic Antimicrobial Additives, and Organic Antimicrobial Additives), by Application (Plastic, Paints & Coatings, Pulp & Paper, and Textile & Fabrics), and by End-User (Construction, Automotive, Healthcare, Food & Beverage, Packaging, and Consumer Goods) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/antimicrobial-additive-market
Recent Developments
- In December 2023, Polygiene Group introduced StayFreshBIO, a novel plant-based antimicrobial and odor control technology for the textile industry. This technology relies on a completely bio-based active ingredient derived from plant-based sources. To achieve this, the company has entered into an exclusive distribution partnership with Proneem, a French biotech company. This agreement is valid for three years and provides Polygiene with the opportunity to integrate a new and innovative technology into its current range of odor control solutions.
- In June 2021, HEIQ expanded its reach in the bio-based antimicrobial market by acquiring Life, a company based in Hong Kong. This acquisition aligns with HeiQ’s goal to enhance its position in the bio-based antimicrobial and healthcare surface hygiene market. It also aims to broaden and expand its product portfolio and capabilities, ultimately positioning HeiQ as a leader in global materials innovation.
Market Coverage
· The market number available for 2023-2031
· Base year: 2023
· Forecast period: 2024-2031
· Segment Covered-
o By Product Type
o By Application
o By End-User
· Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape Akzo Nobel N.V., BASF SE, Clariant AG, Dow Inc., and PPG Industries, Inc. among others.
Key questions addressed by the report
- What is the market's growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Antimicrobial Additive Market Report Segment
By Product Type
- Inorganic Antimicrobial Additives
- Organic Antimicrobial Additives
By Application
- Plastic
- Paints & Coatings
- Pulp & Paper
- Textile & Fabrics
By End-User
- Construction
- Automotive
- Healthcare
- Food & Beverage
- Packaging
- Consumer Goods
Global Antimicrobial Additive Market Report Segment by Region
North America
· United States
· Canada
Europe
· UK
· Germany
· Italy
· Spain
· France
· Rest of Europe
Asia-Pacific
· China
· India
· Japan
· South Korea
· Rest of Asia-Pacific
Rest of the World
· Latin America
· The Middle East and Africa
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