Antimicrobial Plastics Market Report - Global Forecast till 2030

Antimicrobial Plastics Market by Additive (Silver, Zinc and Oxybisphenoxarsine), Type (Commodity Plastics, Engineering Plastics and Performance Plastics), Application (Packaging, Automotive, Healthcare and Medical) and Region - Forecast till 2030

ID: MRFR/CnM/6395-HCR | 140 Pages | Published By Anshula Mandaokar on March 2023         

Antimicrobial Plastics Market Speak to Analyst Request a Free Sample

Antimicrobial Plastics Market

Antimicrobial Plastics Market is projected to be worth USD 1.85 Billion by 2030, registering a CAGR of 5.8% during the forecast period (2021 - 2030)

Segmentation
By Additive Silver Zinc Oxybisphenoxarsine
By Type Commodity Plastics Engineering Plastics Performance Plastics
By Application Packaging Automotive Healthcare Medical
Key Players
Companies Profiled   BASF SE (Germany)   Clariant AG (Switzerland)   Lonza (Switzerland)   Polyone Corporation (US)   Microban International Ltd. (US)   PARX Plastics N.V (The Netherlands)   King Plastic Corporation (US)   BioCote Limited (UK)   Sanitized AG (Switzerland)   Americhem Inc (US)
Drivers
Market Driving Forces   The popularity for antibacterial polymer packaging especially in the medicine healthcare and food industry is rapidly growing.
Request a Free Sample

Antimicrobial Plastics Market Overview


According to the MRFR analysis, the global antimicrobial plastics market is projected to reach USD 1.85 Billion by 2030 at a CAGR of 5.8% during the forecast period, 2021-2030. The growing popularity of antibacterial polymer packaging in the healthcare, medicine, and food industries is projected to fuel the global market growth during the forecast period. Also, the rising awareness about the contamination of food or other non-consumable items is considered one of the major growth driving factors for the global market. The demand for Antimicrobial Plastics is growing in hospital settings due to the rising rate of infections because of the medical equipment and device.


According to the Antimicrobial Plastics Market analysis, the present market has been segmented into application, type, and additive. Further, the application segment has been segregated based on packaging, healthcare, automotive, and medical. The additive segment has been classified based on zinc, silver, and oxybisphenoxarsine. The type segment has been categorized into engineering plastics, commodity plastics, and performance plastics.


The global Antimicrobial Plastics Market has been spread across various geographical regions like North America, Latin America, Asia-Pacific, Europe, the Middle East & Africa, and the rest of the world. The North American market is projected to generate the largest market share.


Key Players



  • BASF SE (Germany)

  • Clariant AG (Switzerland)

  • Lonza (Switzerland)

  • Polyone Corporation (US)

  • Microban International Ltd. (US)

  • PARX Plastics N.V (The Netherlands)

  • King Plastic Corporation (US)

  • BioCote Limited (UK)

  • Sanitized AG (Switzerland)

  • Americhem Inc (US)


Global Antimicrobial Plastics Market Share, by Application, 2018 (%)   Antimicrobial Plastics Market_Image


Source: MRFR Analysis


Regional Analysis


The global antimicrobial plastics market has been segmented into five key regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. The market in North America accounted for the largest share in 2018 on account of the widespread use of antimicrobial plastics in food packaging, medical devices and equipment, and automotive industries. The growth of the regional market is primarily driven by the surging demand for antimicrobial plastics in air conditioning and ventilation (ACV) and consumer goods. Europe is also expected to be a prominent regional market, wherein the increasing demand for the product in the automotive, healthcare, and medical industry. Asia-Pacific is expected to hold a relatively less share of the global antimicrobial plastics market during the review period. The increasing demand for new technologies in the medical sector and increasing government spending on healthcare are the primary factors projected to favor the regional market growth during the forecast period.


Market Segmentation


The global antimicrobial plastics market has been segmented on the basis of additive, type, application, and region.


On the basis of additive, the global market is divided into silver, copper, zinc, triclosan, oxybisphenoxarsine, and others


Based on type, the global antimicrobial plastics market has been categorized into commodity plastics, engineering plastics, and performance plastics. The commodity plastics segment is further categorized into polyethylene (PE), polypropylene (PP), polystyrene (PS), polyvinyl chloride (PVC), polymethyl methacrylate (PMMA), polyurethane (PU), and polyethylene terephthalate (PET). The engineering plastics segment is further categorized into acrylonitrile butadiene styrene (ABS), polyamide (PA), polycarbonate (PC), polyoxymethylene (POM), and others.


By application, the global antimicrobial plastics market has been divided into packaging, healthcare & medical, food processing & handling equipment, sports & recreational equipment, automotive, consumer goods, building and construction, and others.


The global antimicrobial plastics market has been studied with respect to five key regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.Recent Development


In 2021


A new product Sanitized Puretec. has been launched by the prominent player Sanitized AG. This is a non-leaching, particle-free, and metal-free antimicrobial solution for textile, which is also helpful in preventing the odor-causing bacteria build-up. The International Antimicrobial Council has approved its 40 washes using ASTM E3 162-18. For instance, the prominent players Sunbeam Products and Microban International have signed a partnership contract to make the handles bacteria-free and hygienic by manufacturing the antimicrobial knife handles.


Intended Audience



  • Antimicrobial Plastics Manufacturers

  • Traders and Distributors of Antimicrobial Plastics

  • Research and Development Institutes

  • Potential Investors

  • Raw Material Suppliers

  • Nationalized Laboratories



Report Scope:

Report Attribute/Metric Details
  Market Size   2030: USD 1.85 Billion
  CAGR   2022–2030: 5.8% CAGR
  Base Year   2021
  Forecast Period   2022 to 2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Additive, Type, Application and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   BASF SE (Germany),Clariant AG (Switzerland),Lonza (Switzerland),Polyone Corporation (US),Microban International Ltd. (US), PARX Plastics N.V (The Netherlands),King Plastic Corporation (US),BioCote Limited (UK),Sanitized AG (Switzerland),Americhem Inc (US)
  Key Market Opportunities   The growing standard of living and rising disposable income are factors facilitating people in developing countries
  Key Market Drivers   The popularity for antibacterial polymer packaging, especially in the medicine, healthcare, and food industry is rapidly growing.


Speak to Analyst Ask for Customization

Frequently Asked Questions (FAQ) :

Antimicrobial Plastics Market is predicted to grow at 5.8% through the forecast period of 2021-2030.

The antimicrobial plastics market is anticipated to reach 1.85 Billion by 2030

The prominent players operating in the Antimicrobial Plastics Market include BASF SE (Germany), Clariant AG (Switzerland), Lonza (Switzerland), Polyone Corporation (US), Microban International Ltd. (US), PARX Plastics N.V (The Netherlands), King Plastic Corporation (US), BioCote Limited (UK), Sanitized AG (Switzerland), Americhem Inc (US)

Asia-Pacific market is expected to witness rapid growth during the forecast period.