The global antimicrobial glass powder market is poised for significant growth, with its value expected to rise from USD 2,827.6 million in 2024 to USD 7,702.0 million by 2034. Over this period, the market is projected to experience a compound annual growth rate (CAGR) of 10.6%.
Bioactive-based antimicrobial glass powders are increasingly being utilized across multiple industries, particularly in healthcare and various other sectors. The targeted segment within the market is anticipated to grow at a CAGR of 10.9% through 2034, driven by sustained demand and expanding applications.
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Factors contributing to the rapid growth of the antimicrobial glass powder industry include:
1. Expanded adoption of antimicrobial glass powders across diverse industries such as healthcare, packaging, food & beverage, construction, and personal care & cosmetics.
2. Increasing incidence of hospital-acquired infections, driving the demand for effective antimicrobial solutions.
3. Growing preference for sustainable antimicrobial materials to mitigate disease transmission and enhance hygiene practices across industries.
4. Rising emphasis on infection control and hygiene standards in various sectors.
Antimicrobial glass powders are highly valued for their ability to inhibit the growth of bacteria and other microorganisms. Their increasing adoption in healthcare and food packaging industries to enhance hygiene practices is expected to fuel market growth significantly.
Furthermore, nano-sized antimicrobial glass powders are gaining popularity due to their versatility and ability to be incorporated into various materials such as coatings, polymers, and textiles. Their small particle size facilitates easy integration and enhances the antimicrobial properties of the materials they are mixed with.
Overall, the growing awareness of cleanliness standards, coupled with infrastructure development initiatives, is set to drive the expansion of the antimicrobial glass powder market in the coming years.
Key Takeaways from the Report
- The antimicrobial glass powder market is projected to thrive at 6% CAGR through 2034.
- By type, the bioactive-based segment will likely account for a market share of 0% in 2024.
- Based on size, the nano-sized segment is expected to account for a volume share of 9% in 2024.
- East Asia is anticipated to hold a global market share of about 9% in 2034.
- China’s market is estimated to be valued at US$ 1,512.6 million in 2034.
- Demand in the United States will likely rise at 5% CAGR through 2034.
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“The antimicrobial glass powder industry is predicted to expand around 2.7X through 2034 owing to growing demand from healthcare, food packing, and other sectors. This revolutionary material helps to increase product durability and infection control.” – says a lead analyst at Future Market Insights (FMI).
Who is Winning?
The antimicrobial glass powder market is fairly consolidated, with top players accounting for around 75% to 80% of the share. LG Electronics, Panasonic Industry Co. Ltd., Ishizuka Glass Co., Ltd., BioCote Limited, CD Bioparticles, Koshida Corporation, Vedayukt India Private Limited, Hongwu International Group Ltd, HeiQ Materials AG, Addmaster (UK) Limited, Corning Incorporated, SCHOTT AG, and American Elements are leading antimicrobial glass powder manufacturers and suppliers listed in the report.
Key companies are also using advanced manufacturing technologies and novel materials to develop antimicrobial glass powders with enhanced efficacy and durability. They also use strategies like partnerships, collaborations, alliances, facility expansions, acquisitions, and mergers to gain a competitive edge in the market.
Recent Development:
- In February 2021, BioCote Limited launched a new venture called BioCote US to meet the rising demand for antimicrobial products in the United States.
Want More Insights?
In its latest report, Future Market Insights (FMI) offers an unbiased analysis of the antimicrobial glass powder market, providing historical data from 2019 to 2023 and forecast statistics for the period 2024 to 2034. To understand the global market potential, growth, and scope, the market is segmented into type, size, application, and region.
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Antimicrobial Glass Powder Market Segmentation
By Type:
- Metal Oxide-based
- Photocatalytic
- Bioactive-based
By Size:
- Nano-sized
- Micro-sized
By Application:
- Paints and Coating
- Fiber
- Plastics
- Personal Care & Cosmetics
- Commercial and Household Products
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- East Asia
- South Asia Pacific
- Middle East & Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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