Uploaded on Mar 8, 2021
Antimicrobial Plastics market was valued at USD 29.60 Billion in 2018 and is expected to reach USD 53.56 Billion by year 2026, at a CAGR of 7.9 %.
Antimicrobial Plastics Market Assessment, Market Growth And Forecasts To 2028
Antimicrobial Plastics
Market To Reach USD
53.56 Billion By 2026
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Market Summary
Market Size – USD 29.60 Billion in 2018, Market Growth - CAGR of 7.9%, Market Trends – Investments for research
and development to explore newer sectors for application and launch of products with improved quality and
durability.
The Global Antimicrobial Plastics Market was valued at USD 29.60 Billion in 2018 and is expected to reach USD 53.56
Billion by year 2026, at a CAGR of 7.9 %. The study covers the genre of advanced materials with special focus on the
antimicrobial plastics market.
Further key findings from the report suggest
• North America is the fastest growing sector due to the technological advancements, continuous research and
development. The region is expected to grow at a CAGR of 8.4%.
• Europe, like North America, due to the increased awareness about hygiene, has been growing at a CAGR of 8.2%.
Large investments for research and development have been put to use in the above mentioned regions.
• The continuous research and development for broadening the areas of application and improving the quality and
efficiency of products propels the market.
• Keeping environmental concerns in mind, a large number of manufacturers are now offering the option of
customization to optimize the amount of plastic manufactured.
• Commodity Plastics dominate the market due to the wide range of industries it can be applied to. Commodity
Plastics include industries such as Packaging, Healthcare, Building and Construction etc.
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Market Summary
Key Players:
BioCote, Microban, Bayer Material Sciences, Clariant AG, Parx Plastics, BASF SE, Ticona Engineering Polymers and DuPont.
Segmentation:
Type (Revenue, USD Million; 2016–2026)
• Engineering Plastics
• High Performance Plastics
• Commodity Plastics
Application (Revenue, USD Million; 2016–2026)
• Packaging
• Automotive
• Consumer good
• Healthcare
• Building and Construction
• Water Management
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Market Summary
Regional Outlook (Revenue in USD Million; 2016–2026)
• North America
• U.S
• Canada
• Europe
• Germany
• France
• UK
• Spain
• Italy
• Rest of the Europe
• Asia Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
• Middle East & Africa
• Latin America
• Brazil
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The report emphasizes the following key questions:
Q.1.What are the most lucrative and promising growth prospects for the market?
Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects
come into play in this advancement?
Q.3.Which geographies are estimated to exhibit the highest growth and the underlying
causes?
Q.4.Which factors are impacting the future of the market and what are the driving factors?
Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast
period?
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