[159 Pages Report] The report "Antimicrobial Plastics Market by Type (Commodity Plastics, Engineering Plastics, High Performance Plastics), Application (Packaging, Automotive, Consumer Goods, Medical and Healthcare, and Building & Construction), and Region - Global Forecast to 2023" The antimicrobial plastics market is projected to reach USD 43.1 billion by 2023 USD 29.6 billion in 2018, at a CAGR of 7.8%. The major factors driving the antimicrobial plastics market are the growing awareness about health-related issues, rapid urbanization, growing population, increasing demand from the healthcare sector, and wide application areas of antimicrobial plastics.
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Table of Contents
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Antimicrobial Plastic Market, By Type
8 Antimicrobial Plastic Market, By Application
9 Antimicrobial Plastic Market, By Region
10 Competitive Landscape
11 Company Profiles
12 Appendix
APAC is estimated to be the largest antimicrobial plastics market due to its growing economy and increasing population. With industrialization and increasing employment, disposable income is expected to increase. This dominance of APAC is mainly due to the increasing population and improving lifestyles at each financial stratum. The demand for antimicrobial plastics is dependent on their usage in industries such as medical and healthcare, packaging, and consumer goods, which contributes more than 80% of its global demand. Companies are investing more in R&D to find applications of antimicrobial plastics in the unconventional industry segments to increase their scope and demand.
The key players in the global antimicrobial plastics market are DowDuPont (US), BASF SE (Germany), Bayer Material Science (Germany), Clariant AG (Switzerland), Lonza Group (Switzerland), PolyOne Corporation (US), Microban International Ltd. (US), Parx Plastics N.V. (Netherlands), King Plastic Corporation (US), BioCote (UK), and Sanitized AG (Switzerland).
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