Product Code: A52781
The global mold inhibitor market was valued at $1.3 billion in 2022, and is projected to reach $2.4 billion by 2032, growing at a CAGR of 6.2% from 2023 to 2032.
In industrial applications, mold inhibitors are substances used to protect materials and surfaces from mold and mildew growth. These inhibitors are frequently applied in the production of paints, coatings, and construction materials to prevent unsightly and potentially damaging mold formation. By incorporating mold inhibitors into these materials, industries ensure the longevity and visual appeal of finished products, particularly in environments prone to high humidity or dampness.
The increasing awareness of health and safety standards in the food and beverage industry is a significant driver for the mold inhibitor market. As consumers become more conscious of the quality and safety of the products they consume, manufacturers are under greater pressure to ensure that their products meet stringent regulatory requirements. Mold growth in food not only compromises the product's quality but also poses serious health risks. Consequently, there is a growing demand for effective mold inhibitors to extend the shelf life of perishable goods and prevent contamination.
Moreover, the global food supply chain has become more complex, with products often traveling long distances before reaching consumers. This extended supply chain increases the risk of mold growth during transportation and storage. Manufacturers are, therefore, seeking reliable mold inhibition solutions to safeguard their products throughout the entire distribution process.
Additionally, as climate change continues to impact temperature and humidity levels, the prevalence of mold in various environments is on the rise. This has intensified the need for robust mold inhibitors that can withstand diverse climatic conditions. In response to these challenges, the mold inhibitor market is witnessing a surge in research and development activities to innovate and introduce advanced solutions that not only meet regulatory standards but also address the evolving needs of the food and beverage industry.
One notable restraint in the mold inhibitor market is the potential environmental concerns associated with certain chemical formulations. Regulatory bodies and consumers increasingly prioritize eco-friendly solutions, pressuring manufacturers to develop inhibitors with minimal environmental impact. The challenge lies in maintaining the efficacy of mold inhibitors while adhering to stringent environmental standards. Developing and implementing sustainable alternatives may pose technical and economic challenges, slowing down the market growth. Additionally, navigating complex regulatory landscapes and ensuring compliance with evolving environmental regulations can create obstacles for market players, impacting product development timelines and market penetration.
The mold inhibitor market presents a compelling opportunity driven by the increasing awareness of health hazards associated with mold growth and its detrimental impact on various industries. As businesses and consumers alike prioritize maintaining clean and safe environments, the demand for effective mold inhibitors has surged. The construction sector, in particular, is a key driver as builders and homeowners seek solutions to prevent mold in buildings, reducing structural damage and safeguarding indoor air quality. Additionally, the food and beverage industry is embracing mold inhibitors to extend the shelf life of products, ensuring both quality and safety. The healthcare sector is also a significant contributor, recognizing the importance of mold prevention in medical facilities to protect patients and maintain sterile conditions. With stringent regulations promoting mold control and the continuous development of eco-friendly inhibitors, the market is poised for substantial growth. Leveraging technological advancements and sustainable formulations will be crucial for companies to capitalize on this opportunity and address the evolving needs of diverse industries, creating a healthier and more resilient future.
The mold inhibitor market is segmented on the basis of type, application, and region. By nature, the market is classified as natural and synthetic. By type, the market is categorized into propionates, sorbates, benzoates, parabens and Others. By application, the market is classified into food & beverage, animal feed, pharmaceuticals, cosmetics and personal care and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Key players included in the mold inhibitor market analysis are Kemin Industries, Niacet Corporation, Archer Daniels Midland Company, E. I. du Pont de Nemours and Company, Tate & Lyle PLC, Koninklijke DSM N.V., Associated British Food plc, Handary S.A., Pacific Coast Chemicals, CSM Ingredients, PMC Biogenix Inc., Eastman Chemical Company, Univar Solutions Inc., Brenntag AG, and Galactic SA. These companies play a pivotal role in providing innovative mold inhibitor solutions to meet the growing demands of the food industry and ensure the safety and longevity of various food products. Their extensive expertise and commitment to quality contribute to the overall advancement and expansion of the global mold inhibitor market.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the mold inhibitor market analysis from 2022 to 2032 to identify the prevailing mold inhibitor market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the mold inhibitor market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global mold inhibitor market trends, key players, market segments, application areas, and market growth strategies.
Additional benefits you will get with this purchase are:
- Quarterly Update and* (only available with a corporate license, on listed price)
- 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
- Free Upcoming Version on the Purchase of Five and Enterprise User License.
- 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
- Free data Pack on the Five and Enterprise User License. (Excel version of the report)
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- 24-hour priority response*
- Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
- Product Benchmarking / Product specification and applications
- Market share analysis of players by products/segments
- Additional company profiles with specific to client's interest
- Additional country or region analysis- market size and forecast
- Criss-cross segment analysis- market size and forecast
- Expanded list for Company Profiles
- Historic market data
- Key player details (including location, contact details, supplier/vendor network etc. in excel format)
Key Market Segments
By Type
- Propionates
- Sorbates
- Benzoates
- Parabens
- Others
By Application
- Animal Feed
- Pharmaceuticals
- Cosmetics and Personal Care
- Others
- Food and Beverage
By Region
- North America
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Singapore
- New Zealand
- Rest of Asia-Pacific
- Latin America
- Brazil
- Argentina
- Rest of LAMEA
- Middle East and Africa
- South Africa
- Saudi Arabia
- Rest of Middle East And Africa
Key Market Players:
- DuPont
- BASF SE
- Eastman Chemical Company
- Kerry Group
- Koninklijke DSM N.V.
- Archer Daniels Midland Company
- Chr. Hansen Holding A/S
- Kemin Industries, Inc.
- Corbion Purac N.V.
- Galactic SA
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
CHAPTER 4: MOLD INHIBITOR MARKET, BY TYPE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Propionates
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Sorbates
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Benzoates
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
- 4.5. Parabens
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
- 4.6. Others
- 4.6.1. Key market trends, growth factors and opportunities
- 4.6.2. Market size and forecast, by region
- 4.6.3. Market share analysis by country
CHAPTER 5: MOLD INHIBITOR MARKET, BY APPLICATION
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Food and Beverage
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Animal Feed
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Pharmaceuticals
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
- 5.5. Cosmetics and Personal Care
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
- 5.6. Others
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country
CHAPTER 6: MOLD INHIBITOR MARKET, BY REGION
- 6.1. Overview
- 6.1.1. Market size and forecast By Region
- 6.2. North America
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by Type
- 6.2.3. Market size and forecast, by Application
- 6.2.4. Market size and forecast, by country
- 6.2.4.1. U.S.
- 6.2.4.1.1. Market size and forecast, by Type
- 6.2.4.1.2. Market size and forecast, by Application
- 6.2.4.2. Canada
- 6.2.4.2.1. Market size and forecast, by Type
- 6.2.4.2.2. Market size and forecast, by Application
- 6.2.4.3. Mexico
- 6.2.4.3.1. Market size and forecast, by Type
- 6.2.4.3.2. Market size and forecast, by Application
- 6.3. Europe
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by Type
- 6.3.3. Market size and forecast, by Application
- 6.3.4. Market size and forecast, by country
- 6.3.4.1. Germany
- 6.3.4.1.1. Market size and forecast, by Type
- 6.3.4.1.2. Market size and forecast, by Application
- 6.3.4.2. UK
- 6.3.4.2.1. Market size and forecast, by Type
- 6.3.4.2.2. Market size and forecast, by Application
- 6.3.4.3. Italy
- 6.3.4.3.1. Market size and forecast, by Type
- 6.3.4.3.2. Market size and forecast, by Application
- 6.3.4.4. France
- 6.3.4.4.1. Market size and forecast, by Type
- 6.3.4.4.2. Market size and forecast, by Application
- 6.3.4.5. Spain
- 6.3.4.5.1. Market size and forecast, by Type
- 6.3.4.5.2. Market size and forecast, by Application
- 6.3.4.6. Russia
- 6.3.4.6.1. Market size and forecast, by Type
- 6.3.4.6.2. Market size and forecast, by Application
- 6.3.4.7. Rest of Europe
- 6.3.4.7.1. Market size and forecast, by Type
- 6.3.4.7.2. Market size and forecast, by Application
- 6.4. Asia-Pacific
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by Type
- 6.4.3. Market size and forecast, by Application
- 6.4.4. Market size and forecast, by country
- 6.4.4.1. China
- 6.4.4.1.1. Market size and forecast, by Type
- 6.4.4.1.2. Market size and forecast, by Application
- 6.4.4.2. Japan
- 6.4.4.2.1. Market size and forecast, by Type
- 6.4.4.2.2. Market size and forecast, by Application
- 6.4.4.3. India
- 6.4.4.3.1. Market size and forecast, by Type
- 6.4.4.3.2. Market size and forecast, by Application
- 6.4.4.4. South Korea
- 6.4.4.4.1. Market size and forecast, by Type
- 6.4.4.4.2. Market size and forecast, by Application
- 6.4.4.5. Australia
- 6.4.4.5.1. Market size and forecast, by Type
- 6.4.4.5.2. Market size and forecast, by Application
- 6.4.4.6. Singapore
- 6.4.4.6.1. Market size and forecast, by Type
- 6.4.4.6.2. Market size and forecast, by Application
- 6.4.4.7. New Zealand
- 6.4.4.7.1. Market size and forecast, by Type
- 6.4.4.7.2. Market size and forecast, by Application
- 6.4.4.8. Rest of Asia-Pacific
- 6.4.4.8.1. Market size and forecast, by Type
- 6.4.4.8.2. Market size and forecast, by Application
- 6.5. Latin America
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by Type
- 6.5.3. Market size and forecast, by Application
- 6.5.4. Market size and forecast, by country
- 6.5.4.1. Brazil
- 6.5.4.1.1. Market size and forecast, by Type
- 6.5.4.1.2. Market size and forecast, by Application
- 6.5.4.2. Argentina
- 6.5.4.2.1. Market size and forecast, by Type
- 6.5.4.2.2. Market size and forecast, by Application
- 6.5.4.3. Rest of LAMEA
- 6.5.4.3.1. Market size and forecast, by Type
- 6.5.4.3.2. Market size and forecast, by Application
- 6.6. Middle East and Africa
- 6.6.1. Key market trends, growth factors and opportunities
- 6.6.2. Market size and forecast, by Type
- 6.6.3. Market size and forecast, by Application
- 6.6.4. Market size and forecast, by country
- 6.6.4.1. South Africa
- 6.6.4.1.1. Market size and forecast, by Type
- 6.6.4.1.2. Market size and forecast, by Application
- 6.6.4.2. Saudi Arabia
- 6.6.4.2.1. Market size and forecast, by Type
- 6.6.4.2.2. Market size and forecast, by Application
- 6.6.4.3. Rest of Middle East And Africa
- 6.6.4.3.1. Market size and forecast, by Type
- 6.6.4.3.2. Market size and forecast, by Application
CHAPTER 7: COMPETITIVE LANDSCAPE
- 7.1. Introduction
- 7.2. Top winning strategies
- 7.3. Product mapping of top 10 player
- 7.4. Competitive dashboard
- 7.5. Competitive heatmap
- 7.6. Top player positioning, 2022
CHAPTER 8: COMPANY PROFILES
- 8.1. DuPont
- 8.1.1. Company overview
- 8.1.2. Key executives
- 8.1.3. Company snapshot
- 8.1.4. Operating business segments
- 8.1.5. Product portfolio
- 8.1.6. Business performance
- 8.1.7. Key strategic moves and developments
- 8.2. BASF SE
- 8.2.1. Company overview
- 8.2.2. Key executives
- 8.2.3. Company snapshot
- 8.2.4. Operating business segments
- 8.2.5. Product portfolio
- 8.2.6. Business performance
- 8.2.7. Key strategic moves and developments
- 8.3. Eastman Chemical Company
- 8.3.1. Company overview
- 8.3.2. Key executives
- 8.3.3. Company snapshot
- 8.3.4. Operating business segments
- 8.3.5. Product portfolio
- 8.3.6. Business performance
- 8.3.7. Key strategic moves and developments
- 8.4. Kerry Group
- 8.4.1. Company overview
- 8.4.2. Key executives
- 8.4.3. Company snapshot
- 8.4.4. Operating business segments
- 8.4.5. Product portfolio
- 8.4.6. Business performance
- 8.4.7. Key strategic moves and developments
- 8.5. Koninklijke DSM N.V.
- 8.5.1. Company overview
- 8.5.2. Key executives
- 8.5.3. Company snapshot
- 8.5.4. Operating business segments
- 8.5.5. Product portfolio
- 8.5.6. Business performance
- 8.5.7. Key strategic moves and developments
- 8.6. Archer Daniels Midland Company
- 8.6.1. Company overview
- 8.6.2. Key executives
- 8.6.3. Company snapshot
- 8.6.4. Operating business segments
- 8.6.5. Product portfolio
- 8.6.6. Business performance
- 8.6.7. Key strategic moves and developments
- 8.7. Chr. Hansen Holding A/S
- 8.7.1. Company overview
- 8.7.2. Key executives
- 8.7.3. Company snapshot
- 8.7.4. Operating business segments
- 8.7.5. Product portfolio
- 8.7.6. Business performance
- 8.7.7. Key strategic moves and developments
- 8.8. Kemin Industries, Inc.
- 8.8.1. Company overview
- 8.8.2. Key executives
- 8.8.3. Company snapshot
- 8.8.4. Operating business segments
- 8.8.5. Product portfolio
- 8.8.6. Business performance
- 8.8.7. Key strategic moves and developments
- 8.9. Corbion Purac N.V.
- 8.9.1. Company overview
- 8.9.2. Key executives
- 8.9.3. Company snapshot
- 8.9.4. Operating business segments
- 8.9.5. Product portfolio
- 8.9.6. Business performance
- 8.9.7. Key strategic moves and developments
- 8.10. Galactic SA
- 8.10.1. Company overview
- 8.10.2. Key executives
- 8.10.3. Company snapshot
- 8.10.4. Operating business segments
- 8.10.5. Product portfolio
- 8.10.6. Business performance
- 8.10.7. Key strategic moves and developments