Antimicrobial Plastics Market Segmentation and Future Forecasts to 2026

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Antimicrobial Plastics Market To Reach USD 53.56
Billion By 2026
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Market Summary
The continuously rising environmental and hygiene
concerns, technological advancements and a bid to
minimize the spread of infections, promote safe
consumption along with a rise in the population
are the key factors contributing to the high CAGR
in the forecast period. Antimicrobial Plastics
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.
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Our Approach
Market Summary

• According to the current analysis of Reports and
  Data, 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. Antimicrobial
  plastics are a type of polymer material infused
  with antimicrobial agents that hinders and
  restrains the growth of micro-organisms, thus
  preventing unpleasant odours discoloration and
  surface degradation of the plastics. These
  plastics are created in a bid to minimize the
  spread of infections and promote safe
  consumption. The benefits of hygienic surfaces
  are countless along with the applications of the
  same. The safety of a material is a value
  regardless of the type of application. The rising
  concerns regarding hygiene has played a major
  role in increasing the demand for this market.
  The long lasting nature, improved hygiene and
  versatility of application are the key driving
  factors in the market. The volatile raw material
  costs are usually very high thus posing to be one
  of the major challenging factors in the market.
  The rising concerns related to health such as
  cancer, immunity system suppression, reduction in
  resistance, bronchitis, skin diseases etc. have
  brought in a rise in the demand for hygienic
  plastics. This has been a big boost to the
  antimicrobial plastics market.
• The key players of this market include, BioCote,
  Microban, Bayer Material Sciences, Clariant AG,
  Parx Plastics, BASF SE, Ticona Engineering
  Polymers and DuPont.
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Our Approach
Market Summary

• For the purpose of this report, Reports and Data
  has segmented the Antimicrobial Plastics market
  on the basis of type, application, and region
• Type (Revenue, USD Million 20162026)
• Engineering Plastics
• High Performance Plastics
• Commodity Plastics
• Application (Revenue, USD Million 20162026)
• Packaging
• Automotive
• Consumer good
• Healthcare
• Building and Construction
• Water Management
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Our Approach
Market Summary

• 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 rising demand for hygienic products has
  resulted in an increase in the demand for
  antimicrobial plastics in several industries such
  as packaging, automotive, building and
  construction, consumer goods etc.
• The versatility of application has made the
  antimicrobial plastics market all the more
  attractive. For instance, in the food safety
  aspects, the condition of the food has improved
  owing to this feature of preventing the adhesion
  and proliferation of bacteria on food contact
  surfaces antimicrobial plastics. This has reduced
  the risks of outbreaks, reduced bad smell,
  improved the freshness and ultimately improved
  shelf life.
• Similarly, with the rising acceptance of these
  plastics several healthcare institutions have
  started adopting antimicrobial plastic equipment
  to reduce the risks of infection in hospitals.
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Our Approach
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