North America Anti-Microbial Additives Market to reach USD 0.94 billion by 2021
Regional and country-level analysis and forecasts of the North America Anti-Microbial Additives Market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions those are still untapped
(EMAILWIRE.COM, September 12, 2017 ) According to the report North America Anti-Microbial Additives Market By Type (Inorganic (Silver, Copper, Zinc), Organic (OBPA, DCOIT), By Application (Plastic, Paints & Coatings, Pulp & Paper), By End-User (Healthcare, Packaging, Food & Beverage, Construction), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016-2021) published by Market Data Forecast, the North America Anti-Microbial Additives Market was worth USD 0.71 billion in 2016 and is estimated to be growing at a CAGR of 5.81%, to reach USD 0.94 billion by 2021.
Read report description and TOC @ http://marketdataforecast.com/market-reports/north-america-anti-microbial-additives-market-2556/
The market is showcasing evident potential in the mentioned forecasting period. Antimicrobial additives control microbes via many different means and are very diverse. When used in the manufacturing of products they create surfaces and materials unwelcoming to microbes such as bacteria and mold. The properties of silver are high thermal stability, non-toxicity and environmental friendliness which boost the North America anti-microbial additives market.
The Antimicrobial additives are chemical ingredients which prevent bacterial, fungal, and algal growth in materials that are exposed to high levels of ultraviolet radiations, unsanitary conditions and moisture. These additives are primarily used in applications such as plastics, papers, paints & coatings, textiles, rubber, inks and fabric care to inhibit the growth of undesirable microorganisms and increase the longevity of the substrate.
The market is driven by rapid growth of the healthcare and packaging industries in the North America region. In the recent times, USA and Canada are observing an increasing demand of antimicrobial additives, mainly due to the increased healthcare spending, increasing lifestyle diseases and aging population. This is fueling the growth of the antimicrobial additives market in this region. Properties like non-toxicity, environmental friendliness, flammability, sustainability, and high thermal stability of silver antimicrobial additives contribute to the growth of the antimicrobial additives market. The major factor restraining the growth of the antimicrobial additives market is the high cost of raw materials and stringent regulations. The basic raw materials used in the manufacturing of antimicrobial additives products are silver, copper, and zinc. These issues restrain the growth of the market.
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microbial-additives-market-2556/request-sample
The North America Anti-microbial additives market is broadly categorized into Inorganic Anti-Microbial Additives Market (Silver, Zinc, Copper), Organic Anti-Microbial Additives Market (OBPA, DCOIT). Based on Application, the market is further segmented into Paint and Coating, Plastics and Pulp and Paper. Based on End-User, the market is further segmented into Healthcare, Construction, Packaging and Food and Beverages. Silver-based antimicrobial additive accounted for the highest revenue of the overall market and is projected to witness high growth rate during the forecast period. Based on geography, the North America market is analyzed under various regions namely USA and Canada. The anti-microbial additives market was dominated by USA, with the overall market share of over 60%. USA was followed by Canada. Canada is predicted to grow at a rapid pace in the coming few years.
Some of the leading players of North America Anti-microbial additives market are:
BASF SE
King Plastic Corporation
The Dow Chemical Company
Clariant AG
Schulman, Inc.
Microban International
Sanitized AG
Biocote Limited
Steritouch Ltd.
Polyone Corporation
Make an Inquiry before buying @ http://marketdataforecast.com/market-reports/north-america-anti-microbial-additives-market-2556/inquire
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Media Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
www.marketdataforecast.com
Direct Line: +1-888-702-9626; Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
Read report description and TOC @ http://marketdataforecast.com/market-reports/north-america-anti-microbial-additives-market-2556/
The market is showcasing evident potential in the mentioned forecasting period. Antimicrobial additives control microbes via many different means and are very diverse. When used in the manufacturing of products they create surfaces and materials unwelcoming to microbes such as bacteria and mold. The properties of silver are high thermal stability, non-toxicity and environmental friendliness which boost the North America anti-microbial additives market.
The Antimicrobial additives are chemical ingredients which prevent bacterial, fungal, and algal growth in materials that are exposed to high levels of ultraviolet radiations, unsanitary conditions and moisture. These additives are primarily used in applications such as plastics, papers, paints & coatings, textiles, rubber, inks and fabric care to inhibit the growth of undesirable microorganisms and increase the longevity of the substrate.
The market is driven by rapid growth of the healthcare and packaging industries in the North America region. In the recent times, USA and Canada are observing an increasing demand of antimicrobial additives, mainly due to the increased healthcare spending, increasing lifestyle diseases and aging population. This is fueling the growth of the antimicrobial additives market in this region. Properties like non-toxicity, environmental friendliness, flammability, sustainability, and high thermal stability of silver antimicrobial additives contribute to the growth of the antimicrobial additives market. The major factor restraining the growth of the antimicrobial additives market is the high cost of raw materials and stringent regulations. The basic raw materials used in the manufacturing of antimicrobial additives products are silver, copper, and zinc. These issues restrain the growth of the market.
Request Free Sample Market Brochure of the report @ http://marketdataforecast.com/market-reports/north-america-anti-
microbial-additives-market-2556/request-sample
The North America Anti-microbial additives market is broadly categorized into Inorganic Anti-Microbial Additives Market (Silver, Zinc, Copper), Organic Anti-Microbial Additives Market (OBPA, DCOIT). Based on Application, the market is further segmented into Paint and Coating, Plastics and Pulp and Paper. Based on End-User, the market is further segmented into Healthcare, Construction, Packaging and Food and Beverages. Silver-based antimicrobial additive accounted for the highest revenue of the overall market and is projected to witness high growth rate during the forecast period. Based on geography, the North America market is analyzed under various regions namely USA and Canada. The anti-microbial additives market was dominated by USA, with the overall market share of over 60%. USA was followed by Canada. Canada is predicted to grow at a rapid pace in the coming few years.
Some of the leading players of North America Anti-microbial additives market are:
BASF SE
King Plastic Corporation
The Dow Chemical Company
Clariant AG
Schulman, Inc.
Microban International
Sanitized AG
Biocote Limited
Steritouch Ltd.
Polyone Corporation
Make an Inquiry before buying @ http://marketdataforecast.com/market-reports/north-america-anti-microbial-additives-market-2556/inquire
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Media Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
www.marketdataforecast.com
Direct Line: +1-888-702-9626; Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results