Brazil Antimicrobial Additives Market Size & Outlook
Brazil antimicrobial additives market, 2018-2030 (US$M)
Related Markets
Brazil antimicrobial additives market highlights
- The Brazil antimicrobial additives market generated a revenue of USD 121.7 million in 2023 and is expected to reach USD 237.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 10% from 2024 to 2030.
- In terms of segment, inorganic 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 121.7 million |
| Market revenue in 2030 | USD 237.8 million |
| Growth rate | 10% (CAGR from 2023 to 2030) |
| Largest segment | Inorganic |
| 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, Brazil accounted for 3.5% 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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Brazil 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.
Inorganic was the largest segment with a revenue share of 55.55% in 2023. Horizon Databook has segmented the Brazil antimicrobial additives market based on organic, inorganic covering the revenue growth of each sub-segment from 2018 to 2030.
Medical device industry in Brazil majorly contributes toward the demand for antimicrobial additives, as these additives are used in protective coatings that are applied on medical devices. Brazil is characterized by the presence of a more prominent medical device industry as compared to other countries in Central & South America. This factor is likely to provide significant scope for the consumption of medical device coatings in the coming years.
Rise in the per capita healthcare expenditure in the country also is anticipated to boost the utilization of medical devices. This scenario, in turn, is expected to propel the requirement of protective coatings for medical devices over the forecast period. The food & beverage end-use segment is expected to witness significant growth over the forecast period.
The availability of raw materials such as fish & seafood, cocoa, cereals, fruits, tea, roots, meat, fats, and oil coupled with the growing domestic consumption of food & beverage in Brazil is expected to act as an opportunity for food & beverage manufacturers to invest in the country.
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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 Brazil antimicrobial additives market , including forecasts for subscribers. This country databook contains high-level insights into Brazil antimicrobial additives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil antimicrobial additives market size, by product, 2018-2030 (US$M)
Brazil Antimicrobial Additives Market Outlook Share, 2023 & 2030 (US$M)
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