DUBLIN, Oct. 28, 2020 /PRNewswire/ -- The "Antimicrobial Plastics Market by Type (Commodity Plastics, Engineering Plastics, and High Performance Plastics), Application (Packaging, Automotive, Consumer Goods, Medical and Healthcare, and Building & Construction), Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The antimicrobial plastics market size is estimated to grow from USD 32,077.9 million in 2019 to USD 59,782.8 million by 2025, at a CAGR of 10.1% between 2020 and 2025.
Antimicrobial plastics are polymer materials infused with antimicrobial agents and additives, such as organic-metallic biocides and oxybisphenoxarsine (OBPA). They are mainly used to kill microorganisms, such as bacteria, algae, and fungi, and inhibit their growth in the end-use product. Antimicrobial plastics offer improved mechanical properties, high dimensional stability, heat & chemical resistance, chemical stability, and are low cost.
Consumer awareness about health-related issues is growing due to the increasing number of cases of nosocomial infections and epidemic outbreaks of life-threatening diseases such as H5N1 Avian influenza, H1N1 Swine flu, and COVID-19 in recent times. This has resulted in increasing demand from various sectors such as healthcare and medical for antimicrobial plastics due to their high antimicrobial activity, hardness, durability, and transparency. They are also used in non-toxic plastic equipment.
The growing demand for medical devices is likely to augment the market of antimicrobial plastics in the healthcare sector. However, volatile prices of raw materials and government regulations on the usage of plastics in certain applications are hindering the growth of the market.
The continuous and repeated use of plastic materials may cause issues related to hygiene, thereby increasing the risk of contamination and pathogenic diseases. The use of antimicrobials plastics restricts the growth of microorganisms and helps prevent the harmful effects caused by the presence of bacteria, fungi, and other parasites.
The leading manufacturers include BASF SE (Germany), DuPont De Nemours, Inc. (US), Microban International Ltd. (US), Sanitized AG (Switzerland), and Lonza Group (Switzerland).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
3.1 Antimicrobial Plastics Market: Realistic, Pessimistic, Optimistic, and Non-COVID-19 Scenario
4 Premium Insights
5 Market Overview
5.2 Market Dynamics
18.104.22.168 Outbreak of Pandemic and Growing Awareness for Usage of Antimicrobial Plastics
22.214.171.124 Expansion of Various End-Use Industries
126.96.36.199 Volatility in Raw Material Prices
188.8.131.52 Government Regulations on Usage of Plastics in Certain Applications
184.108.40.206 Growth of the Textile Industry
5.3 Porter's Five Forces Analysis
5.4 Supply Chain Analysis
5.4.1 Raw Material
5.4.2 Plastic Manufacturers
5.4.3 Compounders and Molders
5.4.4 Distribution Network
5.4.5 End-Use Industry
5.5 Shift in Revenue Streams Due to Megatrends in End-Use Industries
5.6 Connected Market: Ecosystem
5.7 Case Study
5.8 Average Selling Price (Usd/Kg)
5.10 Macroeconomic Indicators
5.10.1 Construction Industry
6 Antimicrobial Plastics Market, by Additive
7 Antimicrobial Plastics Market, by Type
7.2 Commodity Plastics
7.3 Engineering Plastics
7.4 High Performance Plastics
7.4.1 Medical & Healthcare and Automotive Applications to Fuel Growth of Market
8 Antimicrobial Plastics Market, by Application
8.2.1 Growing Awareness About Health and Hygiene Expected to Drive the Market in Packaging
8.3.1 Rise in Automotive Production in APAC to Fuel the Demand
8.4 Consumer Goods
8.4.1 Growing Population and Rapid Urbanization Driving the Market
8.5 Medical & Healthcare
8.5.1 Increasing Awareness About Personal Hygiene and Quality of Medical Equipment Boosting Demand
8.6 Building & Construction
8.6.1 Increasing Investment in Construction Industry Fueling the Demand
9 Antimicrobial Plastics Market, by Region
220.127.116.11 Increasing Investments in Automotive, Medical, Healthcare, Construction, and Consumer Goods Driving the Market
18.104.22.168 Growth of Medical & Healthcare Industries Boosting Demand for Antimicrobial Plastics
22.214.171.124 Growing Population and Improving Economy Contributing to Growth of the Market
9.2.4 South Korea
126.96.36.199 Increasing Usage of Engineering and High Performance Plastics to Drive Demand for Antimicrobial Plastics
188.8.131.52 Rising Applications of Antimicrobial Plastics Witnessed in Various Industries
184.108.40.206 Growing Usage of Commodity Plastics in Packaging Supporting the Demand for Antimicrobial Plastics
9.2.7 Australia & New Zealand
220.127.116.11 Increasing Demand for Commodity Plastics Witnessed from Consumer Goods and Packaging Industries
18.104.22.168 Rising Income Level and Increasing Self-Awareness Driving the Market
22.214.171.124 Growth in Plastics and Packaging Industries Driving the Market
126.96.36.199 Rising Automotive Industry to Support Antimicrobial Plastics Market
188.8.131.52 Medical & Healthcare and Automotive Fuel the Market Growth
184.108.40.206 Building & Construction and Medical & Healthcare Driving the Demand for Antimicrobial Plastics
220.127.116.11 Increasing Demand for Antimicrobial Plastics Witnessed from Building & Construction
18.104.22.168 Medical & Healthcare is Major Application of Antimicrobial Plastics in Spain
9.4 North America
22.214.171.124 Higher Per Capita Spending on Plastics to Drive Demand for Antimicrobial Plastics
126.96.36.199 Growth in Automotive and Food & Beverage Industries Will Support Growth of the Market
188.8.131.52 Building & Construction Positively Influencing Growth of Antimicrobial Plastics
9.5 Middle East & Africa
184.108.40.206 Growing Population, Rising Life Expectancy, and Rapid Urbanization Will Drive the Market
9.5.2 Saudi Arabia
220.127.116.11 Increasing Investments on Infrastructural Development Expected to Drive the Demand
9.5.3 South Africa
18.104.22.168 Growing Demand from Packaging Industry to Fuel Growth of Antimicrobial Plastics Market
22.214.171.124 Rising Investments on Real Estate to Drive Demand for Antimicrobial Plastics
9.6 South America
126.96.36.199 Economic Growth to Drive the Market for Antimicrobial Plastics
10 Competitive Landscape
The key market players profiled in the report include
- DuPont (US)
- BASF SE (Germany)
- Lonza Group (Switzerland)
- Avient Corporation (US)
- Microban International (US)
- Parx Plastics (Netherlands)
- King Plastic Corporation (US)
- BioCote (UK)
- Milliken Chemical (US)
- Sanitized AG (Switzerland)
Other Companies Featured
- Addmaster Limited
- Agion Technologies Inc.
- Akcros Chemical
- American Polyfilm Inc.
- Americhem Inc.
- Biosafe Inc.
- Doeflex Vitapol
- Highland Plastics Inc.
- Plastics Color Corporation
- Polychem Alloy Inc.
- Porex Technologies
- RTP Company
- Teknor Apex Company
For more information about this report visit https://www.researchandmarkets.com/r/731mub
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