Press release
Global Antimicrobial Plastic Market Estimated to Grow at a CAGR of 8.24% During the Forecast Period From 2020 To 2025 – Axiom MRC
Axiom Market Research & Consulting
Antimicrobial Plastic Market Key Players:
• BASF SE
• Bayer Materialscience AG
• The DOW Chemical Company
• Clariant AG
• Lonza Group AG
• Microban International
• Parx Plastic N.V.
• King Plastic Corporation
• Biocote
• Milliken Chemical
• Sanitized AG
• Polyone Corporation
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Antimicrobial Plastic Market Outlook:
Consumer awareness pertaining to the importance of antimicrobial plastics coupled with increasing demand from various applications are some factors driving the antimicrobial plastic market. However, volatility in raw material prices is one of the factor hampering the antimicrobial plastic market.
Antimicrobial Plastic Market Segmental Overview:
The antimicrobial plastic market is classified into type, application and geography.
Antimicrobial Plastic Market by Type:
Various polymer types of antimicrobial plastic market were studied in the report such as commodity plastic, engineering plastic and high performance plastic. The high performance plastic segment dominated the market in 2018. Because high performance plastics are used in various end-use industries such as transportation, medical, electronics, industrial, and others.
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Antimicrobial Plastic Market by Application:
By application, the market is categorized into health care, packaging, consumer goods, automotive, construction, food & beverage and electrical & electronics. Among these, in healthcare applications, this product is mainly used in medical equipment. Furthermore, there is a high demand of antimicrobial plastic in packaging and healthcare industry.
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Antimicrobial Plastic Market by Geography:
Geographically Antimicrobial Plastic Market is studies across North America, Europe, APAC & Rest of the World. Due to the urge to modify or replace the existing inefficient aircraft with fuel-efficient airplane, the North America region is projected to witness the largest market share in the antimicrobial plastic market.
North America
• United States
• Canada
• Mexico
Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Rest of the Europe
Asia-Pacific
• China
• Japan
• India
• Rest of the APAC
Rest of the world
• Latin America
• Middle East & Africa
Axiom Market Research & Consulting™ offers market research and data analytics services such as syndicated market research reports, custom market research reports, business consulting, consumer/end user survey, data processing & analytical services, social media analytics across various industry verticals such as, Life Science, Chemicals &Materials, Food & Beverages, Packaging Agriculture, Power & Energy.
Market research reports are based on scientifically developed statistics and content analytics tool ‘Qual-Quant Data Model’, in which various industry vertical’s qualitative information such as market drivers, restraints, opportunities, market trends, competitive landscapes etc. are tracked and compared. The tool also helps in the extraction of market size and growth rates and compares the value chain of the industry vertical.
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