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Antimicrobial Plastic Market Worth 16.17 Billion USD by 2020


News provided by

MarketsandMarkets

Oct 15, 2015, 05:30 ET

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PUNE, India, October 15, 2015 /PRNewswire/ --

The report "Antimicrobial Plastic Market by Type (Commodity Plastic, Engineering Plastic, and High Performance Plastic) by Application (Healthcare, Packaging, Consumer Goods, Automotive, Construction, and Others) & by Region - Global Forecast to 2020", published by MarketsandMarkets, The Antimicrobial Plastic Market size, in terms of value, is projected to reach USD 16.17 Billion by 2020, at a CAGR of 8.7%, between 2015 and 2020.

Browse 96 market data Tables and 60 Figures spread through 151 Pages and in-depth TOC on "Antimicrobial Plastic Market"

http://www.marketsandmarkets.com/Market-Reports/antimicrobial-plastic-market-20591555.html

Early buyers will receive 10% customization on this report. 

The report defines and segments the Antimicrobial Plastic Market and forecasts the market size, by value and volume. Antimicrobial plastic are a type of polymer material infused with antimicrobial agents and additives such as organic-metallic biocides and arseni-based oxybisphenox arsine (OBPA). Antimicrobial plastic are mainly used to kill microorganisms such as bacteria, algae, and fungi, and inhibit their growth in the end-use products. The antimicrobial plastic market is mainly being driven by the growing consumer awareness regarding health-related issues, rapid urbanization, and growing population in Asia-Pacific & South American regions. The key factors restraining this market include volatility in raw material prices and stringent regulations. The manufacturing cost of antimicrobial plastic is high, which increases the overall cost of the existing products, which majorly affects the profit margins of the manufacturers. Unexplored antimicrobial plastic in textiles and houseware application in emerging markets offers various opportunities to antimicrobial plastic manufacturers.

Commodity plastic is the key type of antimicrobial plastic followed by engineering plastic and high performance plastic. Commodity plastic is the largest segment that accounts for 60.0% share of the antimicrobial plastic market. The Asia-Pacific region dominated the demand for commodity plastic type of antimicrobial plastic, followed by North America and Europe. The engineering plastic segment is projected to witness the highest CAGR of 8.8%, between 2015 and 2020.

Health care is the key application of antimicrobial plastic followed by packaging and consumer goods. It is the largest application in the antimicrobial plastic market and accounts for more than one-third share of the market. The Asia-Pacific region dominated the market for health care application of antimicrobial plastic, followed by North America and Europe. Health care and packaging applications are projected to witness the highest CAGR of 8.8%, between 2015 and 2020.

Download Free Sample Pages: http://www.marketsandmarkets.com/pdfdownload.asp?id=20591555

The leading players in the market include the BASF SE (Germany), Bayer MaterialScience AG (Germany), The Dow Chemical Company (U.S.), Clariant AG (Switzerland), Lonza Group AG (Switzerland), Microban International (U.S.), Parx Plastic BV (The Netherlands), King Plastic Corporation (U.S.), Biocote (U.K.), Milliken Chemical (U.S.), Sanitized AG (Switzerland), and PolyOne Corporation (U.S.).

The report covers the antimicrobial plastic market and its trends in five regions, Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America. The market has also been analyzed on the basis of applications, such as health care, packaging, consumer goods, automotive, construction, among others. The market has also been segmented and analyzed on the basis of types, which include commodity plastic, engineering plastic and high performance plastic.

Browse Related Reports: 

Plastic Additive Market by Type (Plasticizers, Stabilizers, Flame Retardants, Impact Modifiers), Plastic (Commodity, Engineering, and High Performance Plastic), and by Application (Packaging, Construction, Consumer Goods, Automotive) & Geography - Trends & Forecast to 2020

http://www.marketsandmarkets.com/Market-Reports/plastic-additives-market-722.html

About MarketsandMarkets 

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Tel: +1-888-600-6441
Email: [email protected]

Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical

Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets

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