Silver-based Antimicrobial Agent Market, By Product Type (Silicate Carriers, Phosphate Carriers, Titanium Dioxide Carriers, and Others), By Application (Textile, Coating, Plastic, and others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI248619 | Publish Date: April 2024 | No. of Pages: 180

Global Silverbased Antimicrobial Agent Market Overview

Introduction:

Silver-based Antimicrobial Agent Market was valued at US$ 279 million in 2024 and is projected to grow at a CAGR of 10.1% to reach US$ 669 million by 2034.

Silver-based antimicrobials are chemical compounds that employ silver as a component to prevent the growth of bacteria, fungi, and other microbes. Chemical substances known as antimicrobial agents either destroy germs or stop them from growing. Among its many beneficial qualities, silver is known for being a potent antibacterial. When it is distributed into its monoatomic ionic state (Ag ), the same form seen in ionic silver compounds like silver nitrate and silver sulfadiazine, which are often used to heal wounds, it is regarded as physiologically active. These substances can be used in various goods, including medical equipment, textiles, coatings, plastics, and cosmetics. Silver-based antimicrobials are gaining popularity in the consumer products or healthcare sectors because of their proven ability to stop the growth of dangerous bacteria.

This market is growing due largely to the extensive use of silver-based antibacterial medicines in clinical and medical settings. Given the adaptability of polymers, the market is also positively impacted by the expansion of the plastic and polymer industry. These materials become effective in getting rid of bacteria when combined with silver nanoparticles, increasing market growth. Numerous personal care products also make use of silver's disinfecting qualities. The market is expanding due to silver-based antibacterial compounds in products such as toothbrushes and shavers, among others.

On the other hand, the market's expansion has been constrained by severe controls imposed by regulatory agencies like the US FDA and the European Commission. In order for these organizations to accept the company's innovations, they must adhere to certain laws. Overall, the market study points to a promising future for the market for antimicrobial agents based on silver. The market is expected to develop as a result of rising infection rates, growing awareness of hygiene, and demand for antimicrobial treatments across a range of sectors.

Introduction - Silver-based Antimicrobial Agent Market

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Global Silverbased Antimicrobial Agent Market Dynamics

Silver-based Antimicrobial Agent Market Key Drivers:

Increasing Antimicrobial resistance in bacteria

  • Antimicrobial resistance is the result of bacterial evolution that makes them resistant to the actions of antibiotics. This makes infections more difficult to cure and raises the possibility of severe disease or even death. Antimicrobial medicines based on silver, such as silver nanoparticles, present a viable way to counteract the rise in antibiotic resistance. The strong antibacterial qualities of these substances enable them to eradicate various germs, including types of bacteria resistant to drugs.

Silver-based antimicrobial compounds can battle antimicrobial resistance and lessen the spread of hazardous germs in various goods, including medical devices, water disinfectants, and wound dressings. This market is growing due largely to the extensive use of silver-based antibacterial medicines in clinical and medical settings.

Technological advancements

  • Silver-based antimicrobial agents have seen technological breakthroughs that create new avenues for various uses. Innovation in the market for silver-based antimicrobial agents is being driven by advances in nanotechnology, which have changed the perception of silver as a metal and expanded its reach. Silver ions can now be delivered efficiently through nanoparticles, nanocomposites, coated Nano dots, and other nanoscale formulations that maximize antimicrobial activity while limiting potential toxicity.

Silver-based Antimicrobial Agent Market Restrains:

Regulatory challenges             

  • Silver-based Antimicrobial Agent Market players must comply with strict regulations imposed by regulatory bodies such as the FDA and the European Commission. These organizations require extensive safety investigations, intense effectiveness demonstrations, and environmental impact assessments. The lengthy and expensive approval procedures involved in these rules can obstruct market expansion by delaying product introductions, raising development expenses, and erecting obstacles to entry for smaller businesses, even while they are essential for guaranteeing the safety and efficacy of products.

Global Silverbased Antimicrobial Agent Market Segmentation

Silver-based Antimicrobial Agent Market is segmented based on Product Type, Application and region:

Product Type Insights:

  • Silicate Carriers:

Materials containing silicate compounds are known as silicate carriers. These carriers can improve the stability and regulated release of silver ions. These carriers comprise materials based on silica, such as mesoporous silica or silica nanoparticles.

  • Phosphate Carriers:

Phosphate carriers are substances containing phosphate compounds. Phosphate-based carriers may facilitate silver ion release under control. Materials such as hydroxyapatite or phosphate coatings may be used for this.

  • Titanium Dioxide Carriers:

Silver ions can be released and immobilized using titanium dioxide carriers. When combined with silver, titanium dioxide nanoparticles may have synergistic antibacterial properties. The carrier can stabilize silver nanoparticles and facilitate their regulated release.

  • Others:

Antimicrobial agents based on silver can also be delivered via various materials. Silver nanoparticles, for instance, can be coated or encapsulated in polymers to provide a controlled release mechanism. Furthermore, organic substances such as cellulose or chitosan can function as transporters.

Among the segments mentioned above, the one that dominated the market is the Silicate Carriers segment. Its many benefits, such as improved stability and extended antibacterial activity, have led to its widespread use in a variety of industries.

Application Insights:        

  • Textile:

Antimicrobial fabrics are made by combining antimicrobial compounds based on silver into textiles. This is especially helpful for making athletic wear, medical clothes, and other fabrics where it's crucial to stop germs and fungus from growing.

  • Coating:

Paints, coatings, and surface treatments can be enhanced using silver-based antimicrobial agents in the coatings business. This use applies to surfaces in public areas, healthcare institutions, and other settings where preserving sanitary conditions is essential.

  • Plastic:

Infusing plastics with silver-based agents can create antimicrobial plastic goods. This is advantageous for producing food packaging, medical equipment, and other plastic products where reducing microbial contamination is crucial.

  • Others

Applications, where silver's antibacterial qualities are beneficial but don't cleanly fit into the categories above, may fall under the Others category. This might entail adding compounds based on silver to water treatment systems, air purification systems, and other industrial operations.

Among the segments mentioned above the one that dominated the market is the Textile segment as fabric-infused agents are great for textile applications because they reduce odor, improve hygiene, and prolong freshness. These properties make them perfect for linens, upholstery, and clothing, among other applications.

Regional Insights:

Regional Insights - Silver-based Antimicrobial Agent Market

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Silver-based Antimicrobial Agent Market Regional Insights

  • North America market is estimated to witness a significantly large revenue share over the forecast period, due to its robust regulatory framework, developed industrial and healthcare sectors, and high consumer demand for antimicrobial goods
  • Asia Pacific market is estimated to witness fastest revenue share because of the region's extensive use of clinical and medical products. The strong economic expansion in the area has led to a greater emphasis on the construction of healthcare facilities, which has raised demand for antimicrobial treatments.
  • Europe market finds lucrative market opportunities owing to the established healthcare infrastructure, strong emphasis on sustainability, stringent regulatory standard and rapid technological advancements.
  • Latin America market is gradually increasing gradually due to the improving healthcare infrastructure, rising customer awareness and consumer demand for safe and hygienic products.
  • Middle East & Africa market is an emerging market as a result of growing healthcare expenditure, increasing industrialisation and increasing government initiatives to eradicate Hospital Acquired Infections.

Report Scope:                      

Attribute            

Details

Market Size 2024

US$ 279 million

Projected Market Size 2034

US$ 669 million

CAGR Growth Rate

10.1%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Million & CAGR from 2024 to 2034

Market Segmentation

By Product Type - Silicate Carriers, Phosphate Carriers, Titanium Dioxide Carriers, and Others.

By Application - Textile, Coating, Plastic, and others.

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Silver-based Antimicrobial Agent Market report based on Product Type, Application and region:

Silver-based Antimicrobial Agent Market, By Product Type:

  • Silicate Carriers
  • Phosphate Carriers
  • Titanium Dioxide Carriers
  • Others

Silver-based Antimicrobial Agent Market, By Application:

  • Textile
  • Coating
  • Plastic
  • Others

Silver-based Antimicrobial Agent Market, By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Silverbased Antimicrobial Agent Market Key Players

The key players operating the Silver-based Antimicrobial Agent Market includes, BASF SE, Thomson Research Associates Inc., Toagosei Co. Ltd., Microban International Ltd., Ishizuka Glass Co. Ltd., Sanitized AG, Sinanen Holdings Co. Ltd., Sciessent LLC, Milliken & Company Inc., and DowDuPont Inc.

Global Silverbased Antimicrobial Agent Market Key Issues Addressed

Recent Development:

  • In July 2021, Toagosel introduced NOVARON AQ. It is an inorganic, granular antibacterial agent for treating water that contains silver ions. It releases silver ions, preventing bacteria from growing in the submerged water. This creative method efficiently stops germs from growing, improving water safety and purity for various uses.

Global Silverbased Antimicrobial Agent Market Company Profile

  • BASF SE*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Thomson Research Associates Inc.
  • Toagosei Co. Ltd.
  • Microban International Ltd.
  • Ishizuka Glass Co. Ltd.
  • Sanitized AG
  • Sinanen Holdings Co Ltd.
  • Sciessent LLC
  • Milliken & Company Inc.
  • DowDuPont Inc.

“*” marked represents similar segmentation in other categories in the respective section.

Global Silverbased Antimicrobial Agent Market Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Product Type
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Market Segmentation, By Product Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Silicate Carriers
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Phosphate Carriers
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Titanium Dioxide Carrier
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Textile
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Coating
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Plastic
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • BASF SE
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Thomson Research Associates Inc
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Toagosei Co.Ltd
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Microban InternationalLtd
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Ishizuka Glass Co.Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Sanitized AG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Sinanen Holdings Co Ltd
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Sciessent LLC
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Milliken & Company In
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • DowDuPont Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Silver-based Antimicrobial Agent Market accounted for US$ 279 million in 2024 and is estimated to be US$ 669 million by 2034 and is anticipated to register a CAGR of 10.1%.

Silver-based Antimicrobial Agent Market is segmented into on the basis of product type, and application.

Factors driving the Silver-based Antimicrobial Agent Market include increasing antimicrobial resistance in bacteria and technological advancements.

The restraints of the Silver-based Antimicrobial Agent Market include regulatory challenges.

By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.

The key players operating the target market includes, BASF SE, Thomson Research Associates Inc., Toagosei Co. Ltd., Microban International Ltd., Ishizuka Glass Co. Ltd., Sanitized AG, Sinanen Holdings Co. Ltd., Sciessent LLC, Milliken & Company Inc., and DowDuPont Inc.