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Description
Antimicrobial Additives Market size valued USD 3.7 billion in 2021 and expected to reach USD 7.2 billion by 2028, at a CAGR of 5.9% over the forecast period 2022-2028. There are a considerable number of variables which act as the drivers; increasing awareness about health-related issues among consumers, growth of end-use industries, and increasing use of silver-based products as antimicrobial additives boost the global antimicrobial additives market. Restrain are factors which hung the growth which include fluctuating raw material prices, stringent environmental regulations and discoloration, unpleasant odors, and polymer degradation issues. Emerging opportunity in global antimicrobial additives market are in the field of agriculture and cosmetics industry. Antimicrobial additives are active ingredients used in the manufacturing of a substance to prevent bacteria from surviving or growing. Bacteria, mould, fungi, algae, and viruses are among the microorganisms that make up this group. These additives are classed as bacteriostatic or bactericides, depending on the sort of microbiological effect they have. Antimicrobial additions that kill bacteria are known as bactericidal antimicrobial additives, while antimicrobial additives that prevent germs from growing are known as bacteriostatic antimicrobial additives. Depending on the board material and manufacturing technique, inorganic antimicrobial additives such as silver, copper and zinc are formulated in various forms such as concentrated powder, liquid suspension or masterbatch pellet.
