The global antimicrobial plastics market size is expected to reach USD 81.95 billion in 2028 and register a CAGR of 10.2% over the forecast period, according to the latest report by Reports and Data. Increasing awareness of health & wellbeing and high demand for antimicrobial plastics from different end-use industries is expected to drive market revenue growth in the near future. Besides, increasing concerns related to the environment would also boost the market growth.

Antimicrobial plastic is produced by using synthetic polymer materials. Antimicrobial plastic contains antimicrobial agents or integrated active ingredients. These help to fight against any microbial growth such as fungi, biofilm, bacteria, and mold. These plastics are widely used in a large number of end-use industries such as packaging, consumer goods, automotive, medical & healthcare, and building & construction. The medical and healthcare segment is expected to register a faster CAGR throughout the forecast period. The high demand for antibacterial polymer for medicine packaging and the surging utilization of antimicrobial plastics in medical devices are likely to drive the growth of this segment.

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The key players of this market include BioCote, Microban, Bayer Material Sciences, Clariant AG, Parx Plastics, BASF SE, Ticona Engineering Polymers, and DuPont.

Market Overview:

The materials and chemical industry have long been at the forefront of innovation. It has aided in the exploration of new parts of nature by the scientific community as well as individuals. Everything is made up of chemicals, from medical supplies to paints to perfumes. The materials and chemicals business is in charge of both new chemical discovery and substance exploration. From discovering novel compounds to generating new chemical combinations, the materials and chemicals business has always taken a forward-thinking attitude.

Polymers, dyes, lubricants, surfactants, resins, petrochemicals, bleaches, paints, plastics, soap, detergent, and acids are just a few of the chemicals and chemical products found in this industry. To improve the product's overall efficacy, magnetic, optical, structural, and catalytic qualities are all adjusted. Leading materials and chemicals sector players have challenged the status quo and created amazing inventions that have changed the course of history. Advances in the materials and chemicals industries may pave the way for other industries to grasp new forms of matter. It lays a firm foundation for the progress of society as a whole in this way.

The Antimicrobial Plastics market has been segmented into key regions of the world and offers an analysis of growth rate, market share, market size, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. The Antimicrobial Plastics market has been growing steadily over the past decade and CAGR is expected to improve over the forecast period. It is also likely to be one of the industries influencing global revenue generation. Rapidly growing demand, an abundance of raw materials, population growth, financial stability, and product awareness are some of the factors that make progress directly and indirectly in the market.

Reasons to Purchase this report:

The industry analysis report offers actionable insights into the global Antimicrobial Plastics industry and discusses the major growth propellers, limitations, opportunities, and challenges existing in the market.

The report closely investigates the present and historical market scenarios to help readers predict the market situation over the next seven years.   

The report systematically profiles the leading companies operating in the Antimicrobial Plastics Market, and, at the same time, highlights their long-term business expansion strategies.

In-depth scrutiny of the Antimicrobial Plastics business landscape with accurate market projections for the forecast period.

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Type (Revenue, USD Million; 2020–2028)

Engineering Plastics

High-Performance Plastics

Commodity Plastics

Application (Revenue, USD Million; 2020–2028)

Packaging

Automotive

Consumer good

Healthcare

Building and Construction

Water Management

Regional and Country-wise Segmentation of the Global Antimicrobial Plastics Market:

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

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