Antimicrobial Additives Market Analysis , By Product, Application, and Geography - Forecast and Analysis 2020-2027
Overview
The global antimicrobial additives market analysis, during the
forecast period 2017 to 2023, will register growth at a CAGR of 6.58%. The
market for antimicrobial additives is set to reach USD 12,500 Million by 2023.
As per the analysts, the global market is anticipated to witness growth owing
to the factors such as rising health-based awareness among consumers as well as
incidences of nosocomial infections. However, the antimicrobial additives
market will face challenges and restraints due to strict environmental regulations
and slow consumption of antimicrobial additives during the forecast period 2017
to 2023.
Emergence of a many life threatening epidemics in the market is
set to play a key role in determining the growth potential during 2017 to
2023years. Analysts have also studied the global market to understand potential
threats and challenges the antimicrobial additives market companies could face.
Although the antimicrobial additives industry is poised to grow at a fast pace
across type, end-users, and applications segments, factors such as concerns
regarding adverse effects on human health could slow down the market’s growth
worldwide.
Market Segmentation
The market has been segmented into type, end-users, and
applications. Based on the segment which is type, the market is categorized on
the basis of organic and inorganic. The global market for antimicrobial
additives is further segmented based on end-users into construction, furniture,
healthcare, textile, and others. Furthermore, the market, on the basis of applications,
is segmented into fabric, paints & coatings, plastics, rubber &
silicone, and others.
The global market research report covers all the aspects of the
antimicrobial additives market based on the segmental analysis of these type,
end-users, and applications segments. Analysts have also studied the regional
markets spread across many continents and countries. The type, end-users, and
applications segments along with their sub-segments have been analyzed and
companies functioning in the global market across these segments are profiled
and analyzed based on input and feedback from market based decision makers as
well as primary and secondary sources. The antimicrobial additives industry
research report presents analysis based information for companies functioning
in the market.
Regional Overview
The growing development of unsafe polymer-based antimicrobial
additives may hinder the Antimicrobial Additives Market Analysis growth.
The market research report suggests that companies in the global market could
be supported by rapid surge in hospital-acquired infections as well as the
increase in commercial and residential construction activities during the
forecast period. The market is set to register growth at a high CAGR owing to
these key factors. The market is spread across North America, Europe,
Asia-Pacific, and other parts of the world. The global market research report
reveals that APAC, North America, and Europe regional markets will dominate the
global market for antimicrobial additives during the forecast period 2017 to
2023. As per the analysts, the market is set to witness tremendous growth
across type, end-users, and applications segments in North America which covers
markets across the United States, Canada, Mexico and several other regional
markets. Companies active in the antimicrobial additives industry are also
analyzed and studied in the global market research report.
The market for Europe covers smaller market segments of Germany,
Italy, France, and the United Kingdom. Additionally, the market research report
covers the Asia-Pacific region covering markets from India, China, Japan,
Australia, and others. The market is also spread across the rest of the world.
The market report covers all such regions including the Middle East, Africa,
Brazil, and others.
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https://www.marketresearchfuture.com/reports/antimicrobial-additives-market-1749
Competitive Landscape
Antimicrobial additives have seen increased demand over the
years, due to the expanding construction industry and the growing consumption
of antimicrobial additives in cosmetics and agriculture industries. Companies
functioning in the global antimicrobial additives market are also being
challenged due to restricted cross-border trade and fluctuating raw material
prices. Mergers and acquisitions by market companies are anticipated to help
the market during the forecast period 2017 to 2023. As the antimicrobial
additives market is set to register a high CAGR of 6.58% and is also
anticipated to reach a USD 12,500 Million by 2023, the report highlights key
areas companies need to focus on. The report suggests that the market will see
a healthy growth in the long run till 2023. Based on SWOT analysis and market’s
analysis based on Porters’ Five Force Model presented in the market report.
Mergers and acquisitions by market companies are anticipated to help the market
during the forecast period 2017 to 2023.
Industry News
When Henry Skinnerwas heading SelectX Pharmaceutical products,
which was based on antibiotics, about 15 years ago the firm had “very good
research.” So when the AMR Action Fund, which was supported by Big Pharma, was
unveiled in July, to promote new antibiotics, he said that this was a call to
clarify. Skinner said, “but because of the difficulties of capitalization of
these technologies due to limitations of the markets.” The lack of success in
anti-infective products is not due to a lack of creativity. The fund is
intended to “bridge this divide, giving our politicians and governments time to
make macro-sensitive changes in order to restore the economy.”
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