According to a new market report published by Lucintel, the future of the antimicrobial ingredient market looks promising with opportunities in the skin care and hair care industries. The global antimicrobial ingredient market is expected to grow with a CAGR of 9% from 2020 to 2025. The major drivers for this market are rising incidences of infectious diseases, increasing pharmaceutical industry, and rising geriatric population.
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Antimicrobials are a class of chemicals used in many personal care and consumer products to kill or inhibit the growth of microbes. In this market, antibacterial agents, antifungal agents, antiviral agents, and antiparasitic agents are the major products. Lucintel forecasts that antibacterial agents will remain the largest product segment over the forecast period due to growth in protecting cosmetic products.
Within this market, skin care products will remain the largest end user segment over the forecast period due to factors, such as formulations of skin care products to extend the shelf life and reduce risks of side-effects caused by microbial activities.
North America will remain the largest region over the forecast period due to high regulatory requirements from government authorities and awareness in people of the safe use of skin care products.
Microban International, Clariant, PolyOne Corporation, Momentive Performance Materials, Life Materials Technologies, SteriTouch, Sanitized, Dow, LyondellBasell Industries, Plastics Color Corporation, and Lonza are among the major suppliers in the global antimicrobial ingredient market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global antimicrobial ingredient market by product, form, end user, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Antimicrobial Ingredient Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global antimicrobial ingredient market by product, form, end user, and region as follows:
By Product [Value ($ Million) shipment analysis for 2014 – 2025]:
Antibacterial Agents
Antifungal Agents
Antiviral Agents
Antiparasitic Agents
By Form [Value ($ Million) shipment analysis for 2014 – 2025]:
By End User [Value ($ Million) shipment analysis for 2014 – 2025]:
Skin Care Products
Hair Care Products
Oral Care Products
Make-Up Products
Other Cosmetics
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
United Kingdom
Spain
Germany
France
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
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