Because of their pathogen-inhibiting capabilities, antimicrobial polymers are increasingly being employed as an alternative for traditional materials in the healthcare sector for the manufacture of medical tools such as ventilators and anesthesia machines. This plastic inhibits the growth of pathogens such as algae, bacteria, and fungi and has good moisture resistance, which boosts its adoption as an effective food packaging solution in the food and beverage industry.
Market Dynamics
Antimicrobial provide long-term protection against germs and pathogens, antimicrobial additives such as arsenic-based oxybisphenoxarsine (OBPA) and organometallic biocides are infused into the material. These chemicals help to increase the functional life of the plastic and prevent germ growth, which causes it to decay faster, making it stronger, rust-proof, odorless, and perfect for medical device applications. Growing demand from end-user industries such as textile, automotive, healthcare, and packaging is driving antimicrobial plastics market growth.
Key features of the study:
- This report provides in-depth analysis of the Global Antimicrobial Plastics Market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global Antimicrobial Plastics market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study BASF SE, Parx Materials NV, King Plastic Corporation, Clariant AG, Sanitized AG, Dow Inc., Lonza, Ray Product Company Inc., Covestro AG, Palram Industries Ltd.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The Global Antimicrobial Plastics Market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Antimicrobial Plastics market
Detailed Segmentation:
- Global Antimicrobial Plastics Market, By Product
- Corrosion Inhibitor
- Commodity Plastics
- Engineering Plastics
- High Performance Plastics
- Global Antimicrobial Plastics Market, By Application
- Building & Construction
- Automotive & Transportation
- Healthcare
- Packaging
- Food & Beverage
- Textile
- Consumer Goods
- Others
- Global Antimicrobial Plastics Market, By Geographies
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Company Profiles
- BASF SE
- Parx Materials NV
- King Plastic Corporation
- Clariant AG
- Sanitized AG
- Dow Inc.
- Lonza
- Ray Product Company Inc.
- Covestro AG
- Palram Industries Ltd.
