The growth is primarily triggered by its huge demand from the Asia-Pacific region and growing end-use industries such as healthcare, packaging, food & beverage, construction, and automotive. The government proposals in Asia-Pacific to improve public infrastructure and rising cash-intensive non-residential construction are driving the antimicrobial additives market. This, in turn, is contributing to the increasing demand for antimicrobial additives in the Asia-Pacific region.
Complete report on Antimicrobial Additives Market spread across 186 pages, profiling 20 companies and supported with 128 tables and 72 figures is now available at http://www.rnrmarketresearch.com/antimicrobial-additives-market-by-type-inorganic-silver-copper-zinc-organic-obpa-dcoit-application-plastic-paints-coatings-pulp-paper-end-use-industry-healthcare-packaging-food-beverage-con-st-to-2021-market-report.html
Silver-based antimicrobial additives are projected to grow with the highest CAGR between 2016 and 2021. Higher demand for silver antimicrobial additive sowing to their on-toxic, environmental friendly and high thermal stability properties is expected to drive the market during the forecast period. Also, the increasing demand from various end-use industries such as healthcare, packaging, food & beverage, construction, and automotive is fueling the growth of the silver-based antimicrobial additives market. Since silver is the major type of antimicrobial additive, its growing demand drives the antimicrobial additives market.
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Asia-Pacific is projected to be the largest and the fastest-growing market for antimicrobial additives, globally. Domestic and foreign investments in the key sectors such as healthcare, packaging, construction, and food & beverage have been consistently growing for the past decade. Also, the increasing demand of antimicrobial additives from the healthcare and packaging industries and the growing construction industry are expected to drive the demand for antimicrobial additives in the region.
This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (30%); Tier 2 (43%) and other (27%) companies were contacted for interviews. The interviews were conducted with various key people such as C Level (43%), Directors Level (30%) and other (27%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (37%), Europe (23%), Asia-Pacific (26%), and RoW (14%).
Some of the key companies profiled in this report are BASF SE (Germany), The Dow Chemical Company (U.S.), Clariant AG (Switzerland), A. Schulman, Inc. (U.S.), Polyone Corporation (U.S.), Sanitized AG (Switzerland), Microban International (U.S.), Biocote Limited (U.K.), King Plastic Corporation (U.S.), and Steritouch Ltd. (U.K.) among others.
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The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
On a related note, another research titled with Plastic Additives Market by Type (Plasticizers, Stabilizers, Flame Retardants, Impact Modifiers), Plastic (Commodity, Engineering, and High Performance Plastic), and by Application (Packaging, Construction, Consumer Goods, Automotive) — Global Trends & Forecasts to 2021. The market size of plastic additives is expected to reach USD50.86 billion by 2021, registering a CAGR of 4.9% between 2016 and 2021. Now available at http://www.rnrmarketresearch.com/plastic-additives-market-by-type-plasticizers-stabilizers-flame-retardants-impact-modifiers-plastic-commodity-engineering-and-high-performance-plastic-and-by-application-packaging-constru-market-report.html
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