Antimicrobial Materials Sector Surges Amid Hygiene and Health Revolution

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:

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:

Industry Partnerships Paving the Path Forward:

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.

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Contact:

Kristina Menzefricke
Marketing & Communications
Global Customer Experience, Frost & Sullivan
[email protected]
+44 (0)20 331 01228

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