Antimicrobial Additives Market Growth Is Primarily Driven By Rising Consumer Awareness Of Health-Related Infections

Antimicrobial Additives


Antimicrobial additives are antimicrobial agents that inhibit and prevent microbes such as mould, fungi, and bacteria from growing. They are made from active ingredients like zinc and silver ion, and depending on the manufacturing process and target materials, they can be converted into concentrated liquid, powder, or master batch pallets. Due to its excellent antimicrobial properties, silver is the most widely used technique worldwide. Antimicrobial additives make products more hygienic, reduce cross-contamination, and extend product shelf life. Due to the COVID-19 outbreak, global antimicrobial additives have had a mixed effect. Several major antimicrobial additives companies are launching new products that will be used in protective clothing, masks, and other applications.

 

During the forecast period, the antimicrobial additives market is expected to be driven by demand from the growing packaging industry in all regions. In 2015, the packaging industry accounted for over 26% of the antimicrobial additives market. Silver's non-toxicity, environmental friendliness, and high thermal stability all contribute to the global antimicrobial additives market's growth. Antimicrobial Additives Market growth is primarily driven by rising consumer awareness of health-related infections, as well as rapid urbanisation and population growth in the Asia-Pacific region. Furthermore, the increased use of plastics is driving up demand for antimicrobial additives in the Asia-Pacific region. Various factors, such as rising public awareness about health-related issues and the expansion of end-use industries, are expected to propel the antimicrobial additives market forward during the forecast period.

 

During the forecast period, the healthcare industry dominated the antimicrobial additives market, followed by the packaging industry in 2015. Between 2016 and 2021, the packaging industry is expected to grow at the fastest rate. The demand for antimicrobial packaging for food, pharmaceutical, consumer goods, and industrial applications is driving the growth.

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