Global Antimicrobial Plastics Market, By Additive (Inorganic, Organic), Type (Commodity Plastics, Engineering Plastics, High Performance Plastics, Others), Application (Packaging, Automotive, Consumer Goods, Medical and Healthcare, Building and Construction, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Antimicrobial Plastics Market
The antimicrobial plastics market will grow at a rate of 8.15% for the forecast period of 2021 to 2028. Rise in the awareness for usage of antimicrobial plastics is a vital factor driving the growth of antimicrobial plastics market.
Antimicrobial plastics are defined as the special type of polymeric materials which are treated with antimicrobial agents or additives such as silver, copper, zinc, triclosan, and oxybisphenoxarsine. These types of plastics exhibit an ability to inhibit the growth of microorganisms such as fungi, bacteria, or protozoans and are highly engineered to mimic antimicrobial peptides that are used by the immune systems of living organisms to kill bacteria and other pathogens.
Increase in the expansion of numerous end-use industries acts as the vital factor escalating the market growth, also rise in the consumer awareness related to personal hygiene due to increasing cases of epidemic outbreaks such as COVID- 19, H5N1 Avian influenza, and H1N1 Swine flu in recent times, market due to the growth of per capita income, rise in the investments in the healthcare industry, increase in the demand for medical tools and equipment, rise in the popularity of antibacterial polymer packaging, especially in the medicine, healthcare, and food industry and rise in the concerns pertaining to the prevention of contamination risk in medical equipment are the major factors among others driving the antimicrobial plastics market. Moreover, rise in the growth of the textile industry, increase in the research and development activities in the market and rise in the demand from emerging economies will further create new opportunities for the antimicrobial plastics market in the forecast period of 2021- 2028.
However, volatility in raw material prices and rise in the government regulations on usage of plastics in certain applications are the major factors among others acting as restraints, and will further challenge the growth of antimicrobial plastics market in the forecast period mentioned above.
This antimicrobial plastics market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the antimicrobial plastics market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Antimicrobial Plastics Market Scope and Market Size
The antimicrobial plastics market is segmented on the basis of additive, type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on additive, the antimicrobial plastics market is segmented into inorganic and organic.
- Based on type, the antimicrobial plastics market is segmented into commodity plastics, engineering plastics, high performance plastics and others.
The antimicrobial plastics market is also segmented on the basis of application into packaging, automotive, consumer goods, medical and healthcare, building and construction and others.
Antimicrobial Plastics Market Country Level Analysis
The antimicrobial plastics market is analysed and market size, volume information is provided by country, additive, type and application as referenced above.
The countries covered in the antimicrobial plastics market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the antimicrobial plastics market due to rise in the demand for antimicrobial plastic from the healthcare and packaging sector, especially in countries such as India, China, and Japan and rise in the healthcare expenditure coupled with the expansion of the insurance coverage in countries such as India, China, and Japan in this region.
The country section of the antimicrobial plastics market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Antimicrobial Plastics Market Share Analysis
The antimicrobial plastics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to antimicrobial plastics market.
The major players covered in the antimicrobial plastics market report are DuPont, BASF SE, Lonza, Avient Corporation, Microban International, Parx Materials NV, King Plastic Corporation, BioCote Limited, Milliken & Company, BY SANITIZED AG, Celanese Corporation, Teknor Apex and Bayer AG among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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