The Global Antimicrobial Plastics market crossed US$ 29 billion mark in 2022 and is expected to hit US$ 52 billion by 2030, recording a CAGR of 8% during the forecast period.
The Antimicrobial Plastics Market research report by Business Market Insights includes Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years. This study provides information about the sales and revenue during the historic and forecasted period of 2022 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the Antimicrobial Plastics market growth.
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Companies Profiled in this report includes:
- RTP Company
- Ray Products Company Inc.
- Parx Materials NV
- Curbell Plastics, Inc.
- Addmaster (UK) Limited.
The major factor driving the antimicrobial plastics market growth is an increasing their demand from the medical and healthcare industry. Various contamination problems are increasing with escalating cases of pathogenic diseases. Use of antimicrobials in plastics helps to kill or control the growth of harmful microorganisms such as bacteria, fungi, and other parasites. In addition, the market growth is also driven by increasing use of antimicrobial plastics in packaging. The medical and healthcare segment is expected to held the significant share of the market during the forecast period. Further, other segments such as building and construction, and automotive are also expected to gain traction during the forecasted year.
In this report, the market has been segmented on the basis of:
- Polypropylene (PP)
- Polyvinylchloride (PVC)
- Polystyrene (PS)
- Medical and Healthcare
- Building and Construction
- Consumer Goods
- North America
- Asia Pacific (APAC)
- South & Central America
- Middle East & Africa
Recent strategic developments in antimicrobial plastics market
The antimicrobial plastics market has undergone several significant developments, and a few of these have been mentioned below:
- In April 2020, Premix unveiled PREXELENT, a new kind of active antimicrobial technology that prevents problems to health and wellbeing caused by harmful microbes. The core of PREXELENT is a new, patented method used to mix the active antimicrobial substance with plastic.
- BioCote showcased innovative antimicrobial solutions and new developments at Interplas 2021. The company has promoted its antimicrobial solutions and their use across various sectors, including healthcare, education, construction, transportation, food, home and leisure.
The report offers in-depth assessment of the growth and other aspects of the Antimicrobial Plastics market in important regions. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2022 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.
Antimicrobial Plastics Market: Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, during the forecast period of 2022 to 2030.
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Major Key Points of Antimicrobial Plastics Market
- Antimicrobial Plastics Market Overview
- Antimicrobial Plastics Market Competition
- Antimicrobial Plastics Market, Revenue and Price Trend
- Antimicrobial Plastics Market Analysis by Application
- Company Profiles and Key Figures in Antimicrobial Plastics Market
- Market Dynamics
- Methodology and Data Source
Leading market players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position is explained to help make a well-informed decision. Competitive landscape Antimicrobial Plastics market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.
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