Market Overview –

It is expected that by 2027, the global antimicrobial plastics market would be worth $42.92 billion. As of 2020, the estimated value of the global antimicrobial plastics market was $25.4 billion. This figure is expected to increase at a CAGR of 7.8% or higher from 2021-2027. Antimicrobial plastics are a type of synthetic polymer material with an incorporated active component that prevents the growth of microorganisms.

Increasing demand from end-use industries, such as the food & beverage, medical, packaging, etc., and rising consumer awareness of the benefits of using antimicrobial plastics are driving the global market. Antimicrobial plastics, which have great moisture resistance, have the added benefit of inhibiting the development of harmful microorganisms including algae, fungi, and bacteria. For instance, the covid-19 epidemic has boosted the growth of the worldwide antimicrobial plastics market as a result of the increased demand for antimicrobial plastics in the healthcare sector due to the increased need for various medical equipment like beds, ventilators, gloves, masks, and others.

Impact of COVID-19 –

In 2020, when COVID-19 first appear, it had far-reaching effects on many sectors of the economy. Antimicrobial polymers have benefiter from the epidemic, in contrast to other industries. Hospital beds and ventilators, both of which are made of plastic, were in great demand during the pandemic.

Market Dynamics –

Consumers’ increasing concern about their own health in the wake of HAIs and other potentially fatal diseases including H1N1 Swine Flu, cancer, H5N1 Avian Flu, and skin problems is the primary reason propelling the antimicrobial plastic market forward.

Increasing use of antimicrobial chemicals in food packaging, plastic bottles, and medical equipment is a recent development in the worldwide antimicrobial plastic industry. Microban International, Ltd. released a new line of antibacterial and odor-blocking products for use in refrigerator and dishwasher gaskets in February 2017. And in June of 2015, Biocote Limited and Gtechniq introduced C6 Matte Dash AB to assist guard against damage to dashboard and door card materials such plastics, leather, and rubberized finishes.

Market Scope –

This report, title “antimicrobial plastic Analysis to 2028,” is an in-depth look at the chemicals and materials sector, with a focus on market trends worldwide. The purpose of this study is to give readers a synopsis of the Antimicrobial plastics market by providing a broad overview alongside granular segmentation data by function, layer, end use, and location. The research discusses important trends and opportunities in the industry and offers vital information on the market status of the leading competitors in the market for antimicrobial plastic.

Recent Developments –

Sanitize Puretec was introduce by Sanitize AG in 2021. Fabrics can be protects from the growth of odor-causing bacteria with this metal- and particle-free antimicrobial solution. The International Antimicrobial Council-recommend standard ASTM E3 162-18 has been use to conduct 40 washes on this.

Microban International and Sunbeam Products former a partnership in 2021 to produce antibacterial knife handles.

Customization Available –

Production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis, and product base analysis can all be incorporate into a custom version of the report.

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Various methods, such as technological analysis and market portfolio strategies, can be applies to the study of a competitor’s market standing. We’re happy to include as many rival companies as you need information on, formatter and presenter in the manner you specify.

Competition Landscape –

Organizations aim to collect 1 million tonnes of plastic for recycling and reuse in an effort to cut down on plastic waste. Businesses have implementer several different waste management solutions, including recycling, burning, bioremediation, and landfills.

Top Featured Companies –

BASF SE Corporation
Bayer Material Science AG
Biocote Limited
Clariant AG
Dupont De Nemours Inc.
Lonza Group AG
Microban International Ltd.
PARX Plastics N.V.
Polyone Corporation
Sanitized AG
Milliken Chemical
RTP Company
Compounding Solutions LLC
Ray Products Company Inc.
Covestro AG
Steritouch
Doeflex Vitapol
Ticona Engineering Polymers
Dow

By Type –

Commodity Plastic
Engineering Plastic
High Performance Plastic

By Application –

Building and Construction
Personal Care
Healthcare
Sportswear
Automotive
Waste Bins
Consumer and Electronic Appliances
Packaging

By Region –

North America
Europe
Asia Pacific
Latin America
Middle East & Africa