Global Antimicrobial Report
The global anti-microbial consumption is estimated at $ 7.9 billion at active manufacture level and $ 15.7 billion at blended product and formulated level. The main factors affecting the Antimicrobials industry are: (1) increased cost of raw materials arising from the pandemic and the war. (2) increased regulations and consumer pressures leading to more antimicrobials being phased out and the alternatives are more expensive. (3) lowering of VOC’s in end-products and (4) growing hygiene awareness.
The Antimicrobials market growth in Europe, Japan and North America is estimated at 4%, 3% and 5% respectively. The developing regions such as Asia are forecasted to grow 7% due to remarkable economic progress with increasing demand in construction, packaging, transportation and consumer products industries. These in turn are driving growth of key end-use industries such as paints and coatings, adhesive and sealants and synthetic latex polymers.
The antimicrobials preservation applications are leading market demand, accounting for the largest consumption in both volume and value terms. Water based adhesives and paints are enjoying fast growth due to the low volatile organic compound (VOC) emission trend which is gaining momentum. Antimicrobials preservation applications are followed by hygiene applications due to the rapid rate of urbanisation as well as growing awareness about the importance of effective sanitisers, in combination with growing disposable income contributes to growth in consumption in hygiene applications. Hygiene applications are the second biggest end-use industry. The water treatment industry will also witness healthy economic growth due to the increasing number of new power plants, rising price of oil and heavy industries.
Isothiazolinones are the most popular Antimicrobials by value with acids and alcohols exhibiting the fastest growth. Other important Antimicrobials include chlorhexidine, DBNPA, FR’s, glutaraldehyde, IPBC, PHMB, Quats, Silver and zinc pyrithione.
The antimicrobials preservation applications are leading market demand, accounting for the largest consumption in both volume and value terms. Water based adhesives and paints are enjoying fast growth due to the low volatile organic compound (VOC) emission trend which is gaining momentum. Antimicrobials preservation applications are followed by hygiene applications due to the rapid rate of urbanisation as well as growing awareness about the importance of effective sanitisers, in combination with growing disposable income contributes to growth in consumption in hygiene applications. Hygiene applications are the second biggest end-use industry. The water treatment industry will also witness healthy economic growth due to the increasing number of new power plants, rising price of oil and heavy industries.
Isothiazolinones are the most popular Antimicrobials by value with acids and alcohols exhibiting the fastest growth. Other important Antimicrobials include chlorhexidine, DBNPA, FR’s, glutaraldehyde, IPBC, PHMB, Quats, Silver and zinc pyrithione.
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