Antimicrobial Plastics Market to Reach US$ 50.2 Bn by 2030
The worldwide Antimicrobial Plastics market measurement is anticipated to achieve USD 50.2 billion by 2030 and is anticipated to increase at a CAGR of 9.9% from 2021 to 2030.
Download Exclusive Sample of Report@ https://www.visionresearchreports.com/report/sample/38636
Growth Factors
Increasing product demand from the packaging, healthcare, consumer goods, and a few other application industries is expected to propel market growth. Moreover, the rising complex epidemiological situation such as COVID -19, microbial contamination, nosocomial infections, Healthcare Associated Infections (HAIs) are expected to be a key driver for the market. The healthcare segment witnessed high penetration and accounts for a majority of the revenue share in the market. The increasing penetration in the food and beverages, packaging, and healthcare end-use industry is expected to be the major driver of the market over the forecast period.
Report Coverage
Report Scope | Details |
Market Size | USD 50.2 billion by 2030 |
Growth Rate | CAGR of 9.9% From 2021 to 2030 |
Base Year | 2021 |
Historic Data | 2017 to 2020 |
Forecast Period | 2021 to 2030 |
Segments Covered | Product, End use |
Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Companies Mentioned | BASF SE; Parx Materials N.V; Ray Products Company Inc.; Covestro AG; King Plastic Corporation, Palram Industries Ltd., Clariant AG, Sanitized AG, Dow Inc., Lonza |
Report Highlights
Commodity plastic led the market and dominated for a 69.9% share of the global revenue in 2020. The rising application of commodity plastic in packaging, consumer products, healthcare, and the food and beverage industry is expected to drive the market over the forecast period of time. The product growth in these end-use industries is primarily driven by rising consumer awareness related to personal hygiene and the changing lifestyle of consumers across the world.
The spread of coronavirus disease across the world has positively impacted the demand for these antimicrobial plastics in consumer goods applications. Consumer buying behavior is shifting toward products that are healthy, trustworthy, and environmentally sensitive.
Healthcare end-use segment led the market and dominated for more than 32.0% share of the global revenue in 2020. The growth of the home healthcare sector on account of the low costs involved as compared to hospital care and the rising demand for intensive care medical devices is expected to increase the antimicrobial plastics demand in the healthcare sector in the coming years.
The high demand for advanced healthcare services owing to the availability of well-developed healthcare infrastructure, increasing incidences of cardiovascular diseases, and rising aging population across the world is anticipated to drive the demand for medical devices.
Antimicrobial plastic packaging is widely utilized in the food & beverage industry as it is preservative-free, requires minimal processing, and inhibits the growth of microorganisms and thus, extends the shelf life of perishable products
The Asia Pacific dominated the market and dominated for a 42.0% share of global revenue in 2020. Growing demand for antimicrobial plastic from the healthcare and packaging sector, especially in countries such as India, China, and Japan is expected to drive the market growth in the region.
Key Players
- BASF SE
- Parx Materials N.V
- Ray Products Company Inc.
- Covestro AG
- King Plastic Corporation
- Palram Industries Ltd.
- Clariant AG
- Sanitized AG
- Dow Inc.
- Lonza
Market Segmentation
- Product
- Commodity Plastics
- Polyethylene (PE)
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
- Polystyrene (PS)
- Acrylonitrile Butadiene Systems (ABS)
- Polyethylene Terephthalate (PET)
- Engineering Plastics
- Polyamide (PA)
- Polycarbonate (PC)
- Thermoplastic polyurethane (TPU)
- Others
- High Performance Plastics
- Commodity Plastics
- End-use
- Building & Construction
- Automotive & transportation
- Healthcare
- Packaging
- Food & Beverage
- Textile
- Consumer Goods
- Others
- Regional
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Asia Pacific
- China
- India
- Japan
- Central and South America
- Brazil
- Argentina
- Middle East and Africa
- GCC Countries
- South Africa
- North America
Buy this Research Report study@ https://www.visionresearchreports.com/report/cart/38636
Reasons to Purchase this Report:
– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Antimicrobial Plastics Market, By Product
7.1. Antimicrobial Plastics Market, by Product, 2021-2030
7.1.1. Commodity Plastics
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Engineering Plastics
7.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Antimicrobial Plastics Market, By End-use
8.1. Antimicrobial Plastics Market, by End-use, 2021-2030
8.1.1. Building & Construction
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Automotive & transportation
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Healthcare
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Packaging
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Food & Beverage
8.1.5.1. Market Revenue and Forecast (2017-2030)
8.1.6. Textile
8.1.6.1. Market Revenue and Forecast (2017-2030)
8.1.7. Consumer Goods
8.1.7.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Antimicrobial Plastics Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Product (2017-2030)
9.1.2. Market Revenue and Forecast, by End-use (2017-2030)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.1.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.1.4.2. Market Revenue and Forecast, by End-use (2017-2030)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Product (2017-2030)
9.2.2. Market Revenue and Forecast, by End-use (2017-2030)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.2.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.2.4.2. Market Revenue and Forecast, by End-use (2017-2030)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Product (2017-2030)
9.2.5.2. Market Revenue and Forecast, by End-use (2017-2030)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Product (2017-2030)
9.2.6.2. Market Revenue and Forecast, by End-use (2017-2030)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.3.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.3.4.2. Market Revenue and Forecast, by End-use (2017-2030)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Product (2017-2030)
9.3.5.2. Market Revenue and Forecast, by End-use (2017-2030)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Product (2017-2030)
9.3.6.2. Market Revenue and Forecast, by End-use (2017-2030)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.4.2. Market Revenue and Forecast, by End-use (2017-2030)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.4.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.4.4.2. Market Revenue and Forecast, by End-use (2017-2030)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Product (2017-2030)
9.4.5.2. Market Revenue and Forecast, by End-use (2017-2030)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Product (2017-2030)
9.4.6.2. Market Revenue and Forecast, by End-use (2017-2030)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Product (2017-2030)
9.5.2. Market Revenue and Forecast, by End-use (2017-2030)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.5.3.2. Market Revenue and Forecast, by End-use (2017-2030)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.5.4.2. Market Revenue and Forecast, by End-use (2017-2030)
Chapter 10. Company Profiles
10.1. BASF SE
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Parx Materials N.V
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Ray Products Company Inc.
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Covestro AG
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. King Plastic Corporation
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Palram Industries Ltd.
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Clariant AG
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Sanitized AG
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Dow Inc.
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Lonza
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms
Buy this Research Report study@ https://www.visionresearchreports.com/report/cart/38636
Contact Us:
Vision Research Reports
Call: +1 9197 992 333