The global demand for Antimicrobial Plastics Market is presumed to reach the valuation of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period of 2020 - 2027.
Anti-microbial plastic, as the name indicates is the synthetic polymer or plastic that inhibits the growth of microorganisms such as molds, fungus, and bacteria. It contains integrated active additives that are highly effective against microbial growth. These additives are added to plastic products during manufacturing and they offer protection to the product. Anti-microbial plastic is used to make a broad range of plastic products such as water filters, coolers, food storage containers, chairs, and many other consumer goods. Anti-microbial plastic is highly applicable in medical devices and other related products such as catheters and many more to prevent contamination and spread of the disease. Anti-microbial plastic offers several benefits such as protection against harmful microorganisms, cleanliness, increased durability, increased longevity of the plastic product, resist molds and mildew, blocks the stink, superior moisture resistance, thermal stability, permitted food contact, and it is safe to use.
The global demand for anti-microbial plastic is augmenting owing to its benefits. Increased consumer awareness about personal hygiene due to epidemic outbreaks such as COVID-19, Ebola, Swine flu, etc. is leading to increased demand for anti-microbial plastic products. The increased demand from end-use industries such as healthcare, food, and beverages, automotive, house-ware, textile, and packaging is further fuelling the global market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each segment in the global market of antimicrobial plastics.
This section of the antimicrobial plastics market report provides detailed data on the segments by analyzing them geographically, thereby assisting the strategist in identifying the target demographics for the respective product or service.
- Commodity Plastics
- Engineering Plastics
- High-Performance Plastics
- Electrical & Electronics
- Consumer Goods
- Medical and Healthcare
- Building & Construction
- Food & Beverage
This section covers regional segmentation which accentuates on current and future demand for Antimicrobial Plastics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Antimicrobial Plastics Market by Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the antimicrobial plastics market include BASF SE, Lonza AG, Sanitized AG, PolyOne Corporation, Bayer AG, Bayer Material Science, King Plastic Corporation, Teknor Apex Company, Parx Plastics N.V., Ticona Engineering Polymers S. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.