Argentina Antimicrobial Additives Market Size & Outlook
Argentina antimicrobial additives market, 2018-2030 (US$M)
Related Markets
Argentina antimicrobial additives market highlights
- The Argentina antimicrobial additives market generated a revenue of USD 222.8 million in 2023 and is expected to reach USD 464.8 million by 2030.
- The Argentina market is expected to grow at a CAGR of 11.1% from 2024 to 2030.
- In terms of segment, organic was the largest revenue generating product in 2023.
- Inorganic is the most lucrative product segment registering the fastest growth during the forecast period.
Antimicrobial additives market data book summary
| Market revenue in 2023 | USD 222.8 million |
| Market revenue in 2030 | USD 464.8 million |
| Growth rate | 11.1% (CAGR from 2023 to 2030) |
| Largest segment | Organic |
| Fastest growing segment | Inorganic |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Organic, Inorganic |
| Key market players worldwide | Basf SE, Miller Industries Inc, Clariant AG, Avient Corp, Momentive, Dow Inc, LyondellBasell Industries NV Class A, ChromaDex Corp, Lonza Group Ltd |
Other key industry trends
- In terms of revenue, Argentina accounted for 6.5% of the global antimicrobial additives market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Argentina antimicrobial additives market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 464.8 million by 2030.
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Antimicrobial Additives Market Scope
Antimicrobial Additives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina antimicrobial additives market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to antimicrobial additives market will help companies and investors design strategic landscapes.
Organic was the largest segment with a revenue share of 53.19% in 2023. Horizon Databook has segmented the Argentina antimicrobial additives market based on organic, inorganic covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina antimicrobial additives market is majorly driven by the rising expenditure in healthcare sector in the country. Healthcare sector is one of the major contributors to the market in Argentina. GDP growth accounts for 9% of the country’s total GDP, which is the highest in the region.
Socioeconomic conditions of the population, advances in technology, and increasing public and private budgets and expenses in recent years are some of the major factors, which are fueling the growth of healthcare sector in the country.
Medical equipment and device sector in Argentina is majorly dominated by imports. According to the U.S. International Trade Administration, imports in medical devices have been estimated to account for around 75% of the total market, with local manufacturing of medical devices representing about 25% of the market.
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Our clientele includes a mix of antimicrobial additives market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina antimicrobial additives market , including forecasts for subscribers. This country databook contains high-level insights into Argentina antimicrobial additives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina antimicrobial additives market size, by product, 2018-2030 (US$M)
Argentina Antimicrobial Additives Market Outlook Share, 2023 & 2030 (US$M)
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