Germany Antimicrobial Additives Market Size & Outlook
Germany antimicrobial additives market, 2018-2030 (US$M)
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Germany antimicrobial additives market highlights
- The Germany antimicrobial additives market generated a revenue of USD 116.7 million in 2023 and is expected to reach USD 202.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 8.2% 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 116.7 million |
| Market revenue in 2030 | USD 202.5 million |
| Growth rate | 8.2% (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, Germany accounted for 3.4% 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 Europe, Germany antimicrobial additives market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 148.9 million by 2030.
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Antimicrobial Additives Market Scope
Antimicrobial Additives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 56.04% in 2023. Horizon Databook has segmented the Germany antimicrobial additives market based on organic, inorganic covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is a leading producer of passenger cars among all the member countries of the European Union. The German automotive industry accounts for over 29% of the European automotive market share. These factors are expected to contribute to the growth of the antimicrobial additives market over the forecast period.
Maintenance, repair, and overhaul (MRO) industry is considered to be a major driving factor for antimicrobial additives market in Germany. Personal care packaging industry in Germany is expanding owing to increased consumption of youth oriented, floral and exotic fragrances and celebrity advertised perfumes.
The adoption of new manufacturing technology to offer superior quality and high-performance plastics for manufacturing durable and safe medical devices is expected to boost the consumption of antimicrobial additives in medical device industry over the forecast period.
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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 Germany antimicrobial additives market , including forecasts for subscribers. This country databook contains high-level insights into Germany antimicrobial additives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany antimicrobial additives market size, by product, 2018-2030 (US$M)
Germany Antimicrobial Additives Market Outlook Share, 2023 & 2030 (US$M)
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