Antimicrobial Plastics Market
Antimicrobial Plastics Market Analysis By Type (Commodity Plastic, Engineering Plastic & High Performance Antimicrobial Plastic) By Application (Packaging, Automotive, Consumer Goods, Medical and Healthcare, Building and construction) By Region 2022 to 2032
Analysis of Antimicrobial Plastics market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Antimicrobial Plastics Market Outlook (2022 to 2032)
The antimicrobial plastics industry analysis reveals that global demand for antimicrobial plastic registered year-on-year (Y-o-Y) growth of 4.1% in 2021. All in all, the global antimicrobial plastics market is predicted to expand rapidly at 7.2% CAGR and reach US$ 73.24 billion by 2032.
| Report Attributes | Details |
|---|---|
| Antimicrobial Plastics Market Size (2021A) | US$ 34.65 Billion |
| Estimated Market Value (2022E) | US$ 36.54 Billion |
| Forecasted Market Value (2032F) | US$ 73.24 Billion |
| Global Market Growth Rate (2022 to 2032) | 7.2% CAGR |
| North America Market Share (2021) | 32% |
| North America Growth Rate (2022 to 2032) | 7.1% CAGR |
| U.S. Growth Rate (2022 to 2032) | 7.1% CAGR |
| Top 5 Companies’ Market Share | 60.6% |
| Key Companies Profiled | Dow Chemicals; Milliken Chemicals; Biocote; BASF SE; Ticona Engineering polymers; Bayer material science; Parx plastic N.V; Doeflex Vitapol; King plastic corporation; Microban international |
Of the total plastic consumption, antimicrobial plastics currently account for less than 2%, which, over the span of the next ten years, is projected to increase to 5% of total plastic demand. Commodity plastic is anticipated to account for nearly 47% market value during.
The packaging category grew 9.2% to reach US$ 8.94 billion in 2022, while the commodity plastic category, which is the largest segment, increased 7.4% to top US$ 17 billion.
Antimicrobial technology, or antimicrobials additives, are added to plastic to protect it from harmful bacteria. When bacteria come in contact with antimicrobial additives, it is prevented from growing or producing energy, and gets killed.
Polymers such as polyethylene and polypropylene are used in many industries, from toys to cars. The need for antimicrobial additives is increasing in the medical sector, in situations where medical ventilators, medical instruments and storage is required and is non-negotiable. With a growing rate of hospital-associated infections, demand for antimicrobials is set to surge.
High performing antimicrobial plastics can be created using Microban. This has over 25 approved technologies that can be formulated into powders or liquids. Antimicrobial plastics accounted for nearly 8% of the global plastics market in 2021, and this penetration is expected to only increase over the coming years.
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Antimicrobial Plastics Consumption Analysis (2017 to 2021) Vs. Market Outlook (2022 to 2032)
Latest market analysis by Fact.MR, a market research and competitive intelligence provider, reveals that market value for antimicrobial plastic over the past half-decade increased at a CAGR of around 5.9%. Commodity plastic accounts for the highest share, which is mainly used in the packaging industry.
Polypropylene are the most common plastic used in the automotive sector. Polypropylene is used in bumpers and cable insulations. Polyurethane is used in foam seating, insulation panels, and electrical components. Plastic is used in this industry to improve fuel efficiency. Cars made today are typically 100 kilograms of plastic.
Environmental concerns have made the production of fuel-efficient cars a high priority in the industry. In addition, plastic has many more advantages in the automotive industry, such as extended vehicle life, greater safety, and greater comfort.
Growing use of plastics in packaging as well as other applications such as photographs, electronics, and pharmaceuticals are other major factors driving demand for commodity plastic.
However, rising environmental concerns over plastic waste and governmental restrictions on the use of plastic in the packaging industry are expected to slow down the growth of the commodity plastics market.
What are the Predicted Demand Drivers for Antimicrobial Plastics?
“Low Cost & Reusability of Commodity Plastic”
In today’s world, plastic can be found everywhere, from shopping bags to clothing. Commodity plastic is used in the film for packaging, photo and magnetic tapes, clothing, beverages, and many household products.
Commodity plastics have low mechanical properties, are low cost, and are reusable. These plastics are mainly made from polyethylene and polypropylene, and account for more than 90% of global plastic consumption.
Use of plastic has tripled over the last decade, which makes it more important to reduce and recycle plastic waste. Recycling efforts vary from country to country. Germany recycles nearly 99% of its plastic, providing a sustainability approach in the country.
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Country-Wise Analysis
Why is There High Consumption of Antimicrobial Plastics in the U.S.?
By revenue, the United States dominates the global antimicrobial plastics market. By 2032, the market is predicted to have grown 2X. Increasing demand from packaging, automotive, medical, and healthcare sectors will boost the U.S. antimicrobial plastics market.
Many people in the United States travel by automobiles for more than 10 hours a week, which is an enclosed place having a number of touchpoints. Due to this, travellers may get exposed to bacteria. Typical touchpoints include door handles, seats, and the steering wheel. 43% of people in the U.S. travel at least once a week.
Due to COVID-19, hygienic vehicles are becoming important to vehicle owners as well as those who share rides. This is where the use of antimicrobial plastic becomes necessary as it helps prevent in bacteria from growing and producing self-energy.
The United States holds more than 90% share in the North America antimicrobial plastics market, and is estimated to reach US$ 21.74 billion by 2032.
How is the U.K. Antimicrobial Plastics Market Faring?
In terms of revenue, the United Kingdom holds the highest market share in the European antimicrobial plastic market. By 2032, the market is predicted to expand 2X.
Use of plastic in food products such as packaged fruits and meat products, crisp packets, films, and carrier bags has remained unchanged for many years. The United Kingdom recycles nearly 60% of its plastic. Plastics that are bio-based partially or completely are made from raw materials that have been produced from biomass instead of fossil fuels.
The United Kingdom holds 18.4% share in the antimicrobial plastics market in Europe, and is estimated to reach US$ 3.95 billion by 2032.
Category-Wise Analysis
Which Antimicrobial Plastics Type Will Remain the Most Popular?
Demand for commodity plastic is projected to expand at a CAGR of 7.4% to reach a market valuation of US$ 34.68 billion by 2032.
Commodity plastics are used in everyday life, and are produced in large volumes across the world where exceptional materials are not needed. Commodity plastics are used in larger volumes in households, such as in disposable cups, disposable plates, trash, containers, clothing, and many others.
In comparison to engineering plastic, commodity plastics are less expensive to produce and need weak mechanical properties. Polyethylene, polypropylene, and polystyrene are some of the examples of commodity plastics.
Engineering plastics have better mechanical properties and dimensions than that of commodity plastics. Engineering plastics are used in building and construction, transportation, and electrical industrial machinery.
Demand for engineering plastic is expected to increase at a CAGR of 7.8% and reach US$ 26.29 billion by 2032.
Where is Antimicrobial Plastics Usage the Highest?
Packaging application is anticipated to dominate the consumption of antimicrobial plastic and record a CAGR of 9.2% to reach US$ 21.49 billion by 2032. Automotive application is expected to increase at a CAGR of 8% to reach US$ 16.77 billion by 2032.
Plastic is used widely for packaging. Antimicrobial plastics is used to increase the functional lifetime of plastic. Once manufactured to material, antimicrobial will work to minimize the presence of bacteria that can cause the plastic to reduce its functional use quicker.
Based on application, it is further classified into packaging, automotive, consumer goods, medical and healthcare, and construction. Plastic is very light in weight and strong, which makes it easy to transport. In construction, plastic is used for seals, windows, doors, pipes, and cables.
Antimicrobial plastics in building and construction is anticipated to increase 1.9X its current market valuation by 2032.
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Competition Landscape
Dow Chemicals, Milliken chemicals, Biocote, BASF SE, Ticona engineering polymers, Bayer material science, Parx plastic N.V, Doeflex vitapol, King plastic corporation, and Microban Internationals are major manufacturers of antimicrobial plastic.
Companies have plans to reduce plastic waste by recollecting 1 million tons of plastic to be reused and recycled. Recycling, incineration, bioremediation, and landfills are some of the strategies adopted by companies. A range of antimicrobial technologies using silver and polymer solutions to fight infection and development of bacteria on contact surface are being resorted to.
Fact.MR has provided detailed information about the overall strategies adopted by players in the antimicrobial plastic market, along with their detailed overviews of commodity plastic, engineering plastic, and high performance plastics, including SWOT analysis and revenues generated from the targeted antimicrobial plastic products of top manufacturers positioned across the globe, in addition to sales growth information, production capacity, and speculative production expansion, in the recently published report.
Key Segments of Antimicrobial Plastic Industry Research
-
By Type :
- Commodity Plastic
- Engineering Plastic
- High Performance Plastic
-
By Application :
- Packaging
- Automotive
- Consumer Goods
- Medical and Healthcare
- Building and construction
- Other Applications
-
By Region :
- North America Antimicrobial Plastic Market
- Latin America Antimicrobial Plastic Market
- Europe Antimicrobial Plastic Market
- East Asia Antimicrobial Plastic Market
- South Asia & Oceania Antimicrobial Plastic Market
- MEA Antimicrobial Plastic Market
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Market Background
- 5. Global Market Value (US$ Mn) Analysis and Forecast
- 6. Global Market 2017 to 2021 Analysis and Forecast 2022 to 2032, By Type
- 6.1. Commodity plastics
- 6.2. Engineering plastics
- 6.3. High performance plastic
- 7. Global Market 2017 to 2021 Analysis and Forecast 2022 to 2032, By Application
- 7.1. Packaging
- 7.2. Automotive
- 7.3. Consumer Goods
- 7.4. Medical and Healthcare
- 7.5. Building and Construction
- 7.6. Other Application
- 8. Global Market 2017 to 2021 Analysis and Forecast 2022 to 2032, By Region
- 8.1. North America
- 8.2. Latin America
- 8.3. Europe
- 8.4. East Asia
- 8.5. South Asia and Oceania
- 8.6. MEA
- 9. North America Market 2017 to 2021 Analysis and Forecast 2022 to 2032
- 10. Latin America Market 2017 to 2021 Analysis and Forecast 2022 to 2032
- 11. Europe Market 2017 to 2021 Analysis and Forecast 2022 to 2032
- 12. East Asia Market 2017 to 2021 Analysis and Forecast 2022 to 2032
- 13. South Asia & Oceania Market 2017 to 2021 Analysis and Forecast 2022 to 2032
- 14. Middle East and Africa (MEA) Market 2017 to 2021 Analysis and Forecast 2022 to 2032
- 15. Key Countries Market 2017 to 2021 Analysis and Forecast 2022 to 2032
- 16. Market Structure Analysis
- 17. Competition Analysis
- 17.1. Exel Composites
- 17.2. Royal DSM N.V.
- 17.3. Solvay S.A.
- 17.4. Lanxess
- 17.5. Plasticomp, Inc.
- 17.6. PolyOne Corporation
- 17.7. Hexcel Corporation
- 17.8. SGL Group – The Carbon Company
- 17.9. Gurit
- 17.10. Innegra Technologies LLC
- 17.11. Quantum Composites
- 17.12. Teijin Ltd
- 18. Assumptions & Acronyms Used
- 19. Research Methodology
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List Of Table
Table 1: Global Market Value (USD Million) and Forecast by Region, 2017 to 2021
Table 2: Global Market Value (USD Million) and Forecast by Region, 2022 to 2032
Table 3: Global Market Value (USD Million) and Forecast by Type, 2017 to 2021
Table 4: Global Market Value (USD Million) and Forecast by Type, 2022 to 2032
Table 5: Global Market Value (USD Million) and Forecast by Application, 2017 to 2021
Table 6: Global Market Value (USD Million) and Forecast by Application, 2022 to 2032
Table 7: North America Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 8: North America Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 9: North America Market Value (USD Million) and Forecast by Type, 2017 to 2021
Table 10: North America Market Value (USD Million) and Forecast by Type, 2022 to 2032
Table 11: North America Market Value (USD Million) and Forecast by Application, 2017 to 2021
Table 12: North America Market Value (USD Million) and Forecast by Application, 2022 to 2032
Table 13: Latin America Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 14: Latin America Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 15: Latin America Market Value (USD Million) and Forecast by Type, 2017 to 2021
Table 16: Latin America Market Value (USD Million) and Forecast by Type, 2022 to 2032
Table 17: Latin America Market Value (USD Million) and Forecast by Application, 2017 to 2021
Table 18: Latin America Market Value (USD Million) and Forecast by Application, 2022 to 2032
Table 19: Europe Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 20: Europe Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 21: Europe Market Value (USD Million) and Forecast by Type, 2017 to 2021
Table 22: Europe Market Value (USD Million) and Forecast by Type, 2022 to 2032
Table 23: Europe Market Value (USD Million) and Forecast by Application, 2017 to 2021
Table 24: Europe Market Value (USD Million) and Forecast by Application, 2022 to 2032
Table 25: East Asia Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 26: East Asia Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 27: East Asia Market Value (USD Million) and Forecast by Type, 2017 to 2021
Table 28: East Asia Market Value (USD Million) and Forecast by Type, 2022 to 2032
Table 29: East Asia Market Value (USD Million) and Forecast by Application, 2017 to 2021
Table 30: East Asia Market Value (USD Million) and Forecast by Application, 2022 to 2032
Table 31: South Asia & Oceania Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 32: South Asia & Oceania Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 33: South Asia & Oceania Market Value (USD Million) and Forecast by Type, 2017 to 2021
Table 34: South Asia & Oceania Market Value (USD Million) and Forecast by Type, 2022 to 2032
Table 35: South Asia & Oceania Market Value (USD Million) and Forecast by Application, 2017 to 2021
Table 36: South Asia & Oceania Market Value (USD Million) and Forecast by Application, 2022 to 2032
Table 37: MEA Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 38: MEA Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 39: MEA Market Value (USD Million) and Forecast by Type, 2017 to 2021
Table 40: MEA Market Value (USD Million) and Forecast by Type, 2022 to 2032
Table 41: MEA Market Value (USD Million) and Forecast by Application, 2017 to 2021
Table 42: MEA Market Value (USD Million) and Forecast by Application, 2022 to 2032
Table 43: US Market Value (USD Million) and Forecast, 2017 to 2021
Table 44: US Market Value (USD Million) and Forecast, 2022 to 2032
Table 45: Canada Market Value (USD Million) and Forecast, 2017 to 2021
Table 46: Canada Market Value (USD Million) and Forecast, 2022 to 2032
Table 47: Brazil Market Value (USD Million) and Forecast, 2017 to 2021
Table 48: Brazil Antimicrobial Plastic Market Value (USD Million) and Forecast, 2022 to 2032
Table 49: Mexico Market Value (USD Million) and Forecast, 2017 to 2021
Table 50: Mexico Market Value (USD Million) and Forecast, 2022 to 2032
Table 51: Germany Market Value (USD Million) and Forecast, 2017 to 2021
Table 52: Germany Market Value (USD Million) and Forecast, 2022 to 2032
Table 53: France Market Value (USD Million) and Forecast, 2017 to 2021
Table 54: France Market Value (USD Million) and Forecast, 2022 to 2032
Table 55: Italy Market Value (USD Million) and Forecast, 2017 to 2021
Table 56: Italy Market Value (USD Million) and Forecast, 2022 to 2032
Table 57: BENELUX Market Value (USD Million) and Forecast, 2017 to 2021
Table 58: BENELUX Market Value (USD Million) and Forecast, 2022 to 2032
Table 59: NORDICS Market Value (USD Million) and Forecast, 2017 to 2021
Table 60: NORDICS Market Value (USD Million) and Forecast, 2022 to 2032
Table 61: China Market Value (USD Million) and Forecast, 2017 to 2021
Table 62: China Market Value (USD Million) and Forecast, 2022 to 2032
Table 63: Japan Market Value (USD Million) and Forecast, 2017 to 2021
Table 64: Japan Market Value (USD Million) and Forecast, 2022 to 2032
Table 65: India Market Value (USD Million) and Forecast, 2017 to 2021
Table 66: India Market Value (USD Million) and Forecast, 2022 to 2032
Table 67: GCC Countries Market Value (USD Million) and Forecast, 2017 to 2021
Table 68: GCC Countries Market Value (USD Million) and Forecast, 2022 to 2032
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List Of Figures
Figure 1: Global Market Value (USD Million) Forecast, 2022 to 2032
Figure 2: Global Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 3: Global Market Value (USD Million) by Region, 2022 & 2032
Figure 4: Global Market Y-o-Y Growth Rate by Region, 2022 to 2032
Figure 5: Global Market Value (USD Million) by Type, 2022 & 2032
Figure 6: Global Market Y-o-Y Growth Rate by Type, 2022 to 2032
Figure 7: Global Market Value (USD Million) by Application, 2022 & 2032
Figure 8: Global Market Y-o-Y Growth Rate by Application, 2022 to 2032
Figure 9: North America Market Value (USD Million) Forecast, 2022 to 2032
Figure 10: North America Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 11: North America Market Value (USD Million) by Country, 2022 & 2032
Figure 12: North America Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 13: North America Market Value (USD Million) by Type, 2022 & 2032
Figure 14: North America Market Y-o-Y Growth Rate by Type, 2022 to 2032
Figure 15: North America Antimicrobial Plastic Market Value (USD Million) by Application, 2022 & 2032
Figure 16: North America Market Y-o-Y Growth Rate by Application, 2022 to 2032
Figure 17: North America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 18: North America Market Attractiveness Analysis by Type, 2022 to 2032
Figure 19: North America Market Attractiveness Analysis by Application, 2022 to 2032
Figure 20: Latin America Market Value (USD Million) Forecast, 2022 to 2032
Figure 21: Latin America Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 22: Latin America Market Value (USD Million) by Country, 2022 & 2032
Figure 23: Latin America Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 24: Latin America Antimicrobial Plastic Market Value (USD Million) by Type, 2022 & 2032
Figure 25: Latin America Market Y-o-Y Growth Rate by Type, 2022 to 2032
Figure 26: Latin America Market Value (USD Million) by Application, 2022 & 2032
Figure 27: Latin America Market Y-o-Y Growth Rate by Application, 2022 to 2032
Figure 28: Latin America Antimicrobial Plastic Market Attractiveness Analysis by Country, 2022 to 2032
Figure 29: Latin America Market Attractiveness Analysis by Type, 2022 to 2032
Figure 30: Latin America Market Attractiveness Analysis by Application, 2022 to 2032
Figure 31: Europe Antimicrobial Plastic Market Value (USD Million) Forecast, 2022 to 2032
Figure 32: Europe Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 33: Europe Market Value (USD Million) by Country, 2022 & 2032
Figure 34: Europe Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 35: Europe Market Value (USD Million) by Type, 2022 & 2032
Figure 36: Europe Market Y-o-Y Growth Rate by Type, 2022 to 2032
Figure 37: Europe Market Value (USD Million) by Application, 2022 & 2032
Figure 38: Europe Market Y-o-Y Growth Rate by Application, 2022 to 2032
Figure 39: Europe Market Attractiveness Analysis by Country, 2022 to 2032
Figure 40: Europe Market Attractiveness Analysis by Type, 2022 to 2032
Figure 41: Europe Market Attractiveness Analysis by Application, 2022 to 2032
Figure 42: East Asia Market Value (USD Million) Forecast, 2022 to 2032
Figure 43: East Asia Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 44: East Asia Market Value (USD Million) by Country, 2022 & 2032
Figure 45: East Asia Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 46: East Asia Market Value (USD Million) by Type, 2022 & 2032
Figure 47: East Asia Market Y-o-Y Growth Rate by Type, 2022 to 2032
Figure 48: East Asia Market Value (USD Million) by Application, 2022 & 2032
Figure 49: East Asia Market Y-o-Y Growth Rate by Application, 2022 to 2032
Figure 50: East Asia Market Attractiveness Analysis by Country, 2022 to 2032
Figure 51: East Asia Market Attractiveness Analysis by Type, 2022 to 2032
Figure 52: East Asia Market Attractiveness Analysis by Application, 2022 to 2032
Figure 53: South Asia & Oceania Market Value (USD Million) Forecast, 2022 to 2032
Figure 54: South Asia & Oceania Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 55: South Asia & Oceania Market Value (USD Million) by Country, 2022 & 2032
Figure 56: South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 57: South Asia & Oceania Market Value (USD Million) by Type, 2022 & 2032
Figure 58: South Asia & Oceania Market Y-o-Y Growth Rate by Type, 2022 to 2032
Figure 59: South Asia & Oceania Market Value (USD Million) by Application, 2022 & 2032
Figure 60: South Asia & Oceania Market Y-o-Y Growth Rate by Application, 2022 to 2032
Figure 61: South Asia & Oceania Market Attractiveness Analysis by Country, 2022 to 2032
Figure 62: South Asia & Oceania Market Attractiveness Analysis by Type, 2022 to 2032
Figure 63: South Asia & Oceania Market Attractiveness Analysis by Application, 2022 to 2032
Figure 64: MEA Antimicrobial Plastic Market Value (USD Million) Forecast, 2022 to 2032
Figure 65: MEA Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 66: MEA Market Value (USD Million) by Country, 2022 & 2032
Figure 67: MEA Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 68: MEA Market Value (USD Million) by Type, 2022 & 2032
Figure 69: MEA Market Y-o-Y Growth Rate by Type, 2022 to 2032
Figure 70: MEA Antimicrobial Plastic Market Value (USD Million) by Application, 2022 & 2032
Figure 71: MEA Antimicrobial Plastic Market Y-o-Y Growth Rate by Application, 2022 to 2032
Figure 72: MEA Market Attractiveness Analysis by Country, 2022 to 2032
Figure 73: MEA Market Attractiveness Analysis by Type, 2022 to 2032
Figure 74: MEA Market Attractiveness Analysis by Application, 2022 to 2032
Figure 75: US Antimicrobial Plastic Market Value, By Type, 2022 & 2032
Figure 76: US Antimicrobial Plastic Market Value, By Application, 2022 & 2032
Figure 77: Canada Market Value, By Type, 2022 & 2032
Figure 78: Canada Market Value, By Application, 2022 & 2032
Figure 79: Brazil Market Value, By Type, 2022 & 2032
Figure 80: Brazil Market Value, By Application, 2022 & 2032
Figure 81: Mexico Market Value, By Type, 2022 & 2032
Figure 82: Mexico Market Value, By Application, 2022 & 2032
Figure 83: Germany Market Value, By Type, 2022 & 2032
Figure 84: Germany Market Value, By Application, 2022 & 2032
Figure 85: France Antimicrobial Plastic Market Value, By Type, 2022 & 2032
Figure 86: France Antimicrobial Plastic Market Value, By Application, 2022 & 2032
Figure 87: Italy Antimicrobial Plastic Market Value, By Type, 2022 & 2032
Figure 88: Italy Antimicrobial Plastic Market Value, By Application, 2022 & 2032
Figure 89: UK Antimicrobial Plastic Market Value, By Type, 2022 & 2032
Figure 90: UK Antimicrobial Plastic Market Value, By Application, 2022 & 2032
Figure 91: BENELUX Antimicrobial Plastic Market Value, By Type, 2022 & 2032
Figure 92: BENELUX Antimicrobial Plastic Market Value, By Application, 2022 & 2032
Figure 93: NORDICS Antimicrobial Plastic Market Value, By Type, 2022 & 2032
Figure 94: NORDICS Antimicrobial Plastic Market Value, By Application, 2022 & 2032
Figure 95: China Antimicrobial Plastic Market Value, By Type, 2022 & 2032
Figure 96: China Antimicrobial Plastic Market Value, By Application, 2022 & 2032
Figure 97: Japan Antimicrobial Plastic Market Value, By Type, 2022 & 2032
Figure 98: Japan Antimicrobial Plastic Market Value, By Application, 2022 & 2032
Figure 99: India Antimicrobial Plastic Market Value, By Type, 2022 & 2032
Figure 100: India Antimicrobial Plastic Market Value, By Application, 2022 & 2032
Figure 101: GCC Countries Antimicrobial Plastic Market Value, By Type, 2022 & 2032
Figure 102: GCC Countries Antimicrobial Plastic Market Value, By Application, 2022 & 2032
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- FAQs -
What is the current size of the global antimicrobial plastic market?
Currently, the global antimicrobial plastic market is pegged at US$ 36.54 billion.
At what rate is demand for antimicrobial plastic poised to grow?
Consumption of antimicrobial plastic is anticipated to increase at a CAGR of around 7.2% over the period of 2022-2032.
How did the market fare over the past half-decade?
Antimicrobial plastic market size expanded at a CAGR of around 5.9% from 2017 to 2021.
Who are the top manufacturers of antimicrobial plastic?
Dow Chemicals, Milliken chemicals, Biocote, BASF SE, Ticona engineering polymers, Bayer material science, Parx plastic N.V, Doeflex vitapol, King Plastic Corporation, and Microban Internationals are prominent suppliers of antimicrobial plastic.
What is the United States share in the antimicrobial plastic market?
The U.S. is estimated to hold around 30% of the global antimicrobial plastic market value in 2022.
Which plastic type holds the highest market share?
Commodity plastics hold the highest market share of 46.6% in 2022.
Which antimicrobial plastic application brings in high revenue?
Packaging application accounts for the highest value of US$ 8.38 billion in 2022.
Antimicrobial Plastics Market