India Antimicrobial Additives Market Size & Outlook
India antimicrobial additives market, 2018-2030 (US$M)
Related Markets
India antimicrobial additives market highlights
- The India antimicrobial additives market generated a revenue of USD 366.8 million in 2023 and is expected to reach USD 764.3 million by 2030.
- The India market is expected to grow at a CAGR of 11.1% 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 366.8 million |
| Market revenue in 2030 | USD 764.3 million |
| Growth rate | 11.1% (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, India accounted for 10.6% 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 Asia Pacific, India antimicrobial additives market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 411.6 million by 2030.
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Antimicrobial Additives Market Scope
Antimicrobial Additives Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 55.78% in 2023. Horizon Databook has segmented the India antimicrobial additives market based on organic, inorganic covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing private participation in healthcare industry is expected to increase the demand for high quality medical devices and components, which in turn, is anticipated to drive the demand for antimicrobial additives in the country over the forecast period.
Several government initiatives such as “Make in India” campaign to attract new investments in automobile, energy, chemical, and metal sectors are likely to drive the demand for antimicrobial additives in the country over the forecast period.
The decentralization of government-owned metal manufacturing companies such as BALCO and HINDALCO has boosted the production output for metals, thereby, ensuring raw material availability for antimicrobial additives production and opening new market avenues 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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India antimicrobial additives market , including forecasts for subscribers. This country databook contains high-level insights into India antimicrobial additives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India antimicrobial additives market size, by product, 2018-2030 (US$M)
India Antimicrobial Additives Market Outlook Share, 2023 & 2030 (US$M)
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