Product Code: ETC4473865 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India antimicrobial additives market import shipments experienced a significant decline with a CAGR of -26.1% from 2020 to 2024. The growth rate between 2023 and 2024 further decreased by -18.7%, indicating a continued slowdown in market expansion and a concerning negative trend.
The India Antimicrobial Additives market is growing as various industries seek to incorporate antimicrobial properties into their products to enhance safety and hygiene. Antimicrobial additives are crucial in sectors like healthcare, consumer goods, and building materials.
The antimicrobial additives market in India is growing due to concerns about hygiene and health, particularly in the healthcare and food processing sectors. The need for materials and coatings that can inhibit microbial growth is on the rise, driving the demand for antimicrobial additives in various applications, from medical devices to food packaging.
The antimicrobial additives market in India is confronted by several challenges, including regulatory compliance and the need for product safety. As the awareness of antimicrobial resistance and the impact of antimicrobial additives on human health and the environment grows, manufacturers are under pressure to develop safer and more effective solutions. Cost considerations are also a significant challenge, as producing antimicrobial additives can be expensive. Furthermore, the market faces issues related to supply chain disruptions, especially when importing certain specialty additives. Balancing the demand for antimicrobial protection with environmental concerns and regulatory requirements is a complex task in the India market.
The COVID-19 pandemic has heightened the importance of antimicrobial additives in various industries, such as healthcare, packaging, and consumer goods. These additives experienced increased demand as they contribute to enhanced product safety and hygiene. The healthcare sector particularly benefited from the antimicrobial properties of additives in medical devices and equipment. The packaging industry also saw a surge in demand for antimicrobial packaging to ensure the safety of food and other products. Post-pandemic, the market is expected to continue growing as the focus on hygiene and safety remains a priority for consumers and businesses.
Key players in the India antimicrobial additives market are RTP Company India Pvt. Ltd., Addmaster India Private Limited, DuPont India, Microban International Ltd., and SteriTouch India.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Antimicrobial Additives Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Antimicrobial Additives Market Revenues & Volume, 2021 & 2031F |
3.3 India Antimicrobial Additives Market - Industry Life Cycle |
3.4 India Antimicrobial Additives Market - Porter's Five Forces |
3.5 India Antimicrobial Additives Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Antimicrobial Additives Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Antimicrobial Additives Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 India Antimicrobial Additives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of maintaining hygiene and preventing infections. |
4.2.2 Growing demand for antimicrobial additives in various industries such as healthcare, food beverages, and textiles. |
4.2.3 Stringent regulations and guidelines promoting the use of antimicrobial additives in consumer products. |
4.3 Market Restraints |
4.3.1 High cost associated with antimicrobial additives compared to conventional additives. |
4.3.2 Concerns regarding the development of antimicrobial resistance. |
4.3.3 Limited availability of raw materials required for manufacturing antimicrobial additives. |
5 India Antimicrobial Additives Market Trends |
6 India Antimicrobial Additives Market, By Types |
6.1 India Antimicrobial Additives Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Antimicrobial Additives Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Antimicrobial Additives Market Revenues & Volume, By Inorganic, 2021-2031F |
6.1.4 India Antimicrobial Additives Market Revenues & Volume, By Organic, 2021-2031F |
6.2 India Antimicrobial Additives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Antimicrobial Additives Market Revenues & Volume, By Plastic, 2021-2031F |
6.2.3 India Antimicrobial Additives Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.2.4 India Antimicrobial Additives Market Revenues & Volume, By Pulp & Paper, 2021-2031F |
6.2.5 India Antimicrobial Additives Market Revenues & Volume, By Others, 2021-2031F |
6.3 India Antimicrobial Additives Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 India Antimicrobial Additives Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.3 India Antimicrobial Additives Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.4 India Antimicrobial Additives Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.3.5 India Antimicrobial Additives Market Revenues & Volume, By Construction, 2021-2031F |
6.3.6 India Antimicrobial Additives Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.7 India Antimicrobial Additives Market Revenues & Volume, By Others, 2021-2031F |
7 India Antimicrobial Additives Market Import-Export Trade Statistics |
7.1 India Antimicrobial Additives Market Export to Major Countries |
7.2 India Antimicrobial Additives Market Imports from Major Countries |
8 India Antimicrobial Additives Market Key Performance Indicators |
8.1 Adoption rate of antimicrobial additives in key industries. |
8.2 Number of regulatory approvals for antimicrobial additives in different applications. |
8.3 Research and development investments in developing new antimicrobial technologies. |
8.4 Environmental impact assessment of antimicrobial additives. |
9 India Antimicrobial Additives Market - Opportunity Assessment |
9.1 India Antimicrobial Additives Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Antimicrobial Additives Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Antimicrobial Additives Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 India Antimicrobial Additives Market - Competitive Landscape |
10.1 India Antimicrobial Additives Market Revenue Share, By Companies, 2024 |
10.2 India Antimicrobial Additives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |