Pandemic-Driven Demand Shifts Focus to
Safe, Durable, and Natural Compounds
SAN ANTONIO, Aug. 6, 2024 /PRNewswire/ -- The antimicrobial
materials industry is experiencing unprecedented growth, fuelled by
a heightened focus on hygiene and cleanliness post-pandemic.
Customers in the plastics, coatings, textiles, fabrics, and
ceramics sectors are now prioritising sustainability, hygiene, and
health impacts over aesthetics and utility.
This shift has spurred materials manufacturers to innovate,
resulting in the development of antimicrobial materials - a
breakthrough capturing customer interest and generating significant
growth opportunities.
Frost & Sullivan forecasts a robust CAGR of 14.7% for the
antimicrobial materials industry from 2023 to 2030, projecting the
global total addressable market to approach $61 billion by the end of the period.
The antimicrobial materials industry is set for a
transformational journey, with hygiene and health at the forefront.
For further information on this analysis, please click here
Customer preferences are rapidly evolving towards materials that
prevent spoilage and decay while ensuring human safety.
Technological advancements are making these materials more
effective, accessible, and affordable, facilitating their
application across various industries:
- Healthcare: Alternative materials are
revolutionising packaging, medical devices, safe paints for
healthcare environments, and hospital utilities.
- Food Packaging: Antimicrobial materials are gaining
traction in regions with high consumption of meats, poultry, and
fresh-cut produce.
- Textiles and Fabrics: Offering skin-safe
applications, durability, and safety, antimicrobial textiles are in
demand for medical textiles, functional clothing, and fabrics for
curtains, coverings, and mattresses.
- Films and Coatings: Antimicrobial films and
coatings can be applied to various industries by coating existing
materials, enhancing their properties without significant
manufacturing changes.
The market is highly competitive, with players like Avient,
Sarex, Ultra Fresh, and NIChem focusing on specific segments. This
decade will see intensified competition and significant innovations
poised to disrupt the industry.
Frost & Sullivan anticipates close collaboration between
end-user industries and additive companies to tackle challenges and
deliver optimal solutions. "Cross-industry collaboration is crucial
as each market has unique dynamics and regulatory requirements.
Collaborative efforts can streamline R&D, manufacturing, and
distribution processes, resulting in innovative antimicrobial
solutions with broad applications," highlights Dr. Brian Balmer, Growth Expert at Frost &
Sullivan.
Antimicrobial Plastics and Textiles Leading the Way:
- Plastics: Dominated by metallic additives, particularly
silver-ion technology, the segment also sees innovative solutions
like Aptar's Invisishield, based on chlorine dioxide
technology.
- Textiles and Fabrics: Expected to grow at a
remarkable 19.2% CAGR, driven by demand for antimicrobial medical
textiles, functional clothing, and sportswear. Antimicrobial
textiles prevent microbial growth, ensuring hygiene and
performance, particularly in sportswear and undergarments.
Industry Partnerships Paving the Path Forward:
- R&D Partnerships: Collaborative research and
development can produce efficient antimicrobial solutions for
diverse applications.
- Economies of Scale: Joint efforts can lead to cost
savings in manufacturing, procurement, and distribution.
- Commercial Advantages: Programmes like Biocote's
partnership initiative highlight the benefits of co-branding and
supply of top-tier antimicrobial additives.
About Frost & Sullivan
Frost & Sullivan, the growth pipeline company, enables
clients to accelerate growth and achieve best-in-class positions in
growth, innovation, and leadership. The company's Growth Pipeline
as a Service provides the CEO and the CEO's Growth Team with
transformational strategies and best-practice models to drive the
generation, evaluation, and implementation of powerful growth
initiatives. Frost & Sullivan leverages over 60 years of
experience in partnering with Global 1000 companies, emerging
businesses, and the investment community from more than 40 offices
on six continents.
To engage with our growth experts for more information, click
here
Contact:
Kristina Menzefricke
Marketing & Communications
Global Customer Experience, Frost & Sullivan
kristina.menzefricke@frost.com
+44 (0)20 331 01228
View original
content:https://www.prnewswire.co.uk/news-releases/antimicrobial-materials-sector-surges-amid-hygiene-and-health-revolution-302215443.html