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(EuropeNewsWire.Net, November 11, 2017 ) The Europe Anti-Microbial Additives Market was worth USD 0.65 billion in 2016 and estimated to be growing at a CAGR of 5.98%, to reach USD 0.87 billion by 2021. The market is shows evident potential in the mentioned forecasting period. Antimicrobial additives control microbes via many different methods and are extremely varied. When used in the manufacturing of products they create surfaces and materials unreceptive to microbes such as bacteria and mould. The properties of silver are high thermal stability, non-toxicity and environmental friendliness which boost the Europe anti-microbial additives market.
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The Antimicrobial additives contain chemical ingredients that prevent fungal, bacterial and algal growth in materials which are open to high levels of ultraviolet radiations, moisture, and unsanitary conditions. These additives are primarily used in applications such as plastics, papers, paints & coatings, textiles, inks, rubber, and fabric care to inhibit the growth of unwanted microorganisms and increase the longevity of the substrate.
The market is driven by the rapid growth of the healthcare and packaging industries in the region. In the recent times, UK, Spain, Italy, Germany are observing high demand of antimicrobial additives, majorly due to the growing urbanization, aging population, and increasing lifestyle diseases.
This is fuelling the growth of the antimicrobial additives market in this region. Properties like non-toxicity, environmental friendliness, sustainability, flammability, 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. The high price of silver antimicrobials restricts their use in various products. These issues restrain the growth of the market.
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Europe Anti-Microbial Additives Market Segmentation:
• By Type: Introduction, Inorganic (Sliver, Copper and Zinc), Organic (OBPA & DCOIT)
• By Application: Introduction, Plastic, Paints and Coatings and Pulp & Paper
• By End-User: Introduction, Healthcare, Packaging, Food & Beverages and Construction
• By Geography: Introduction, UK, Spain, Germany, Italy and France
Some of the leading companies in Europe Anti-Microbial Additives Market:
• BASF SE, A. Schulman, Inc.
• The Dow Chemical Company
• Biocote Limited
• Clariant AG
• Polyone Corporation
• Sanitized AG
• King Plastic Corporation
• Steritouch Ltd.
• Microban International
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