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Lucintel Forecasts Antimicrobial Additive Market To Grow At A Cagr Of 6%-8%
According to the recent study the antimicrobial additive market is projected to grow at a CAGR of 6%-8% from 2020 to 2025. Growth in this market is primarily driven by growing consumer awareness of health related issues and increasing demand for healthcare and packaging products.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in antimicrobial additive market by type (inorganic antimicrobial additives [silver, copper, and zinc] and organic antimicrobial additives [oxybisphenox arsine (OBPA), 4,5-Dichloro-2-(N-OCTYL)-4-Isothiazolin-3-One (DCOIT), triclosan, and others]), application (plastic, paints & coatings, pulp & paper, and others), end use industry (healthcare, packaging, food & beverage, construction, automotive, textile, consumer goods, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Download sample report by clicking on below link https://www.lucintel.com/downloadreportsample.aspx?RepId=RPT10273 and view detailed Table of Content here – https://www.lucintel.com/antimicrobial-additive-market.aspx ...
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“Inorganic antioxidant additives market is expected to remain the largest segment during the forecast period.”
Based on type, the antimicrobial additive market is segmented into inorganic antimicrobial additives [silver, copper, and zinc], and organic antimicrobial additives [oxybisphenox arsine (OBPA), 4,5-Dichloro-2-(N-OCTYL)-4-Isothiazolin-3-One (DCOIT), triclosan, and others]. Lucintel forecasts that the inorganic antimicrobial additives market is expected to remain the largest segment over the forecast period due to growing demand for silver, copper, and zinc based additives.
“Within the antimicrobial additive market, the healthcare segment is expected to remain the largest end use industry”
Based on end use industry, the healthcare segment is expected to witness the largest segment by end use industry over the forecast period due to increasing demand for healthcare products and growing consumer awareness of healthcare.
“Asia Pacific will dominate the antimicrobial additive market in near future”
Asia Pacific is expected to be the largest region over the forecast period due to increasing population and rapid urbanization are driving the demand for plastic, coating, and food and beverage products, hence the demand for antimicrobial additives is also growing in this region.
Download Brochure of this report by clicking on https://www.lucintel.com/antimicrobial-additive-market.aspx
Major players of antimicrobial additive market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. DuPont de Nemours, Corbion, Koninklijke DSM NV, BASF, PolyOne Corporation, BioCote, and Galactic are among the major antimicrobial additive providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/antimicrobial-additive-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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