The global antimicrobial additives market size was valued at USD 2.63 billion in 2022 and is projected to reach a value of USD 4.19 billion by 2031, registering a CAGR of 5.3% during the forecast period 2023-2031.
Antimicrobial additives are chemical ingredients or specific solutions that are infused into a product during the manufacturing process. These additives kill microorganisms or inhibit their growth until the product's shelf life. Moreover, they can improve a surface's performance by permanently reducing the adverse effects of microbes. This has enabled manufacturers to offer cleaner, safer, and more hygienic products, giving them an instant competitive advantage.
Antimicrobial refers to materials or substances infused with antimicrobial additives and agents to stop the growth of microorganisms that cause fever and infections, such as bacteria, fungi, algae, yeasts, mildew, and other parasites. Microorganisms that develop on untreated particles produce foul odors, polymer breakdown problems, and discoloration. Antimicrobial compounds are used to prevent the development of these microorganisms in the final products.
Microorganisms can interfere with various materials such as food & beverages, plastics, paints & coatings, and pharmaceutical products and interrupt the working mechanism. With the growing health-conscious population, researchers have demonstrated that 9 out of every ten consumers are now searching for products containing a proven and trusted antimicrobial technology.
|Market Size||USD 4.19 billion by 2031|
|Fastest Growing Market||Europe|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends|
The market is driven by a growing number of end-use industries, increasing use of silver-based products as antimicrobial additives, and growing adoption of antimicrobial products. Several end-use industries such as paper & pulp, building & construction, commercial, healthcare, and automotive use antimicrobial additives at some stage of the manufacturing process. An increase in vehicle production and investment in the overall manufacturing sector is driving the demand for antimicrobial additives in the paints & coatings industry. Additionally, the healthcare, pharmaceutical, and personal care & cosmetics industry leverage the benefits of these antimicrobial additives.
Demand for antimicrobial additives will be boosted by consumers' quick switch from traditional materials like glass and metal to antimicrobial polymers for automotive applications.
The primary factors acting as a restriction are the fluctuating price of raw materials and rigorous government regulations, which will further impede the market expansion for antimicrobial additives throughout the forecast period. Moreover, fluctuating raw material costs are one of the major obstacles preventing the market for antimicrobial additives from expanding. Silver, copper, and zinc are the primary raw minerals that produce products containing antimicrobial compounds. These raw ingredients are costly. The high price of silver antimicrobials restricts their application in various items, particularly in South America and Asia-Pacific.
The prices of the raw materials used to make antimicrobial products, silver, and zinc, are actively traded commodities and change periodically.
Antimicrobial additives that are affordable and adhere to the minimum standards or regulations outlined in the area are in high demand today. There is an increasing need for non-toxic plastics with improved properties like high antimicrobial activity, hardness, durability, and transparency. Antimicrobial additives are used by numerous large-scale plastic and paint coating manufacturers in products like medical equipment, bottles, and food packaging.
Depending on the region, the market is analyzed in North America, Asia-Pacific, Europe, and LAMEA. Asia-Pacific dominates the market.
Increasing demand for antimicrobial additives from the building and construction industry, economic growth, especially in the healthcare and packaging industries, and rapid industrialization are critical factors for market growth in this region. India is the major contributor to the market growth and is expected to grow at a healthy CAGR of 7.2% during the forecast period. The construction industry in India is witnessing rapid growth due to expanding manufacturing capabilities and increasing consumption. Moreover, the construction industry is the second largest sector in India after agriculture. India is projected to become one of the leading construction markets in the world by 2025, owing to various activities such as buildings, urban infrastructure, roads, irrigation, and railways. The increasing industrialization and globalization, especially in developing countries such as China, India, Japan, and South Korea, are propelling the market's growth in the Asia Pacific.
The region's expanding exports and rising demand for skin, hair, and personal care products will fuel the expansion of the Europe antimicrobial additives market. The Production of personal care and beauty products will increase in Europe, resulting in the use of novel substances and chemicals to support longer shelf lives and increase product demand. Growing numbers of working professionals in the area have fueled demand for high-end personal care products, another factor contributing to the increase in product demand. By 2025, the market for antimicrobial additives for personal care applications in Europe will have grown significantly due to the Production of these products, which inhibit bacteria development utilizing a variety of synthetic & natural ingredients.
In 2019, the antimicrobial additives market was primarily driven by North America. This is primarily attributable to the increased public awareness of the various benefits of anti-microbial additives, the expansion of end-use industries, and the existence of significant market players.
LAMEA holds the least share in the market.
The global antimicrobial additives market is segmented by type, application, end-users, and region.
Based on type, the market is further divided into organic and inorganic.
Organic formulations are further segmented into arsenic-based formulations and non-arsenic-based formulations. Non-arsenic-based formulations are sub-segmented into triclosan, non-metal biocides, and others. The inorganic formulation is segmented into silver, copper, and zinc. Inorganic formulation holds a significant market share and is the fastest-growing segment by type, owing to its various advantages over organic formulation. Organic antimicrobial additives are small molecules, incompatible with the polymer matrix, and diffuse with the product's surface, where they can interact with microorganisms. Organic formulations display a biostatic effect—prevention of reproduction of the organism and are utilized in disposable items rather than durable goods with longer lifespans as there is the possibility of leaching out of the polymer and being thermally unstable.
The inorganic type segment drove the market. High demand for additives based on silver, copper, and zinc during the projection period is expected to drive segment expansion. Due to their qualities, including their non-toxicity, long-lasting performance, eco-friendliness, high thermal stability, and resistance to microbial growth, silver-based compounds are utilized as antimicrobial agents. Materials vulnerable to mold spores and fungus exposure are given a zinc pyrithione addition because it provides excellent antibacterial defense. Copper salts offer antimicrobial defense in sterilized and preservative applications, with paints, coatings, and polymers serving as the underlying substrates or layers.
Based on application, it is further bifurcated into Plastic, pulp, and paper, where Plastic dominates the market.
The additives are widely utilized in various foods, medications, polymers, and other products. Untreated plastic items are susceptible to microbial attack, which can cause unpleasant odors, color changes, and polymer deterioration. Antimicrobial compounds are essential for preventing microbiological growth in plastics. When compounding or molding plastic resins, these additives can be included to offer a biocide treatment that inhibits the growth of microorganisms. In addition, various plastic items, including sporting and recreational products, textile businesses & fibers, everyday household items, food processing, handling equipment, and others, are ideal for antimicrobial treatment. Therefore, the global market for antimicrobial additives is anticipated to experience considerable expansion over the forecast period due to the increased use of Plastic in household goods, industries, cosmetics, and other products.
Based on end-user, it is sub-segmented into commercial and healthcare.
The healthcare end-use category led the global market. The category is anticipated to increase at the quickest CAGR from 2023 to 2031 due to the increasing demand for healthcare products brought on by the population of geriatrics. Particularly in the case of Healthcare-Associated Infections, the healthcare environment is crucial (HAIs). Hospital-acquired infections (HAIs), which develop in hospitalized patients, can be devastating and are typically brought on by bacteria resistant to antibiotics.
The continued use of additives in the food and beverage industry's shelving, flooring, food processing equipment, ice makers, storage containers, water coolers, and water hydration systems is expected to support the food and beverage end-use segment's significant growth rate during the forecast period. During the forecast period, it is anticipated that the growing population and shifting consumer lifestyles will fuel product demand in the food & beverage sector.
The major players in the market are