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Antimicrobial Additives Market Reaching a Value in Excess of $5.5 billion by 2026- Exclusive Report by MarketsandMarkets™
Antimicrobial Additives Market Reaching a Value in Excess of $5.5 billion by 2026- Exclusive Report by MarketsandMarkets™
Antimicrobial Additives Market by Type (Inorganic (Silver, Copper, Zinc), Organic(OBPA, DCOIT, Triclosan)), Application (Plastic, Paints & Coatings, Pulp & Paper),End-use Industry and Region

The report "Antimicrobial Additives Market With Covid-19 Impact Analysis by Type (Inorganic (Silver, Copper, Zinc), Organic(OBPA, DCOIT, Triclosan)), Application (Plastic, Paints & Coatings, Pulp & Paper), End-use Industry and Region - Global Forecasts to 2026" The market is projected to reach USD 5.5 billion by 2026, at a CAGR of 6.6% from USD 4.0 billion in 2021This growth is primarily triggered by the increasing demand from the healthcare industry. APAC is the largest antimicrobial additives market due to the stringent industrial standardizations pertaining to the high growth of the end-use industries in emerging countries such as China, India, Japan, and South Korea. The region is estimated to be the most populated in the world, which creates immense opportunity for antimicrobial additives in packaging and food & beverage end-use industries.

BASF SE (Germany), DuPont De Nemours (US), Microban International (US), Sanitized AG (Switzerland), LyondellBasell (Netherlands), Avient Corporation (US), Biocote (UK) and Milliken Chemical (US) are the major players in this market.