(Food-Beverage-News.Com, October 13, 2017 ) According to the report “Middle East and Africa 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 Middle East and Africa Anti-Microbial Additives Market was worth USD 0.23 billion in 2016 and estimated to be growing at a CAGR of 6.63%, to reach USD 0.31 billion by 2021.
The market is showing great potential in the mentioned forecasting period. Antimicrobial additives control the microbes via various methods and are extremely diverse. When they are used in the manufacturing of products they create materials and surfaces unfriendly to microbes such as mould and bacteria. The properties of silver are non-toxicity, environmental friendliness and high thermal stability which boost the Middle East & Africa anti-microbial additives market.
The Antimicrobial additives are chemical ingredients that prevent fungal, bacterial, and algal growth in materials which are wide open to high levels of ultraviolet radiations, unsanitary conditions and moisture. These additives are largely used in applications such as plastics, papers, rubber, paints & coatings, textiles, inks and fabric care to constrain 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 Middle East & Africa region. In the recent times, South Africa, Israel and Egypt are observing high demand of antimicrobial additives, mainly due to the aging population, growing urbanization and increasing lifestyle diseases. This is stimulating the growth of the antimicrobial additives market in this region. Properties like non-toxicity, environmental friendliness, high thermal stability, sustainability and flammability 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, zinc, and copper. The high price of silver antimicrobials restricts their use in various products, particularly in the developing regions of South Africa. These issues restrain the growth of the market.
The Middle East and Africa Anti-microbial additives Market is broadly categorized into Inorganic Anti-Microbial Additives Market (Silver, Copper, Zinc), Organic Anti-Microbial Additives Market (OBPA, DCOIT). Based on Application, the market is further segmented into Plastics, Paint and Coating, and Pulp and Paper. Based on End-User, the market is further segmented into Healthcare, Construction, Food and Beverages and Packaging. 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. On the basis of geography, the Middle East & Africa market is analysed under various regions namely Middle East and Africa. The anti-microbial additives market was dominated by South Africa, with the highest market share.
Some of the major companies dominating the market, by their products and services include BASF SE, Biocote Limited, Sanitized AG, A. Schulman, Inc., Polyone Corporation, Clariant AG , Microban International, The Dow Chemical Company, King Plastic Corporation, and Steritouch Ltd.
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