Antimicrobial Packaging Market 2021 Status and Business Outlook - BASF SE, Bayer AG, Mondi Group, Avient Corporation, BioCote Limited

The Antimicrobial Packaging Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The antimicrobial packaging market is expected to register a CAGR of 5.89% over the forecast period 2021 - 2026.

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Top Leading Companies of Antimicrobial Packaging Market are BASF SE, Bayer AG, Mondi Group, Avient Corporation, BioCote Limited, Sciessent LLC, Covestro AG, Dunmore Corporation, Microban International, Sealed Air Corporation, Takex Labo Co. Ltd. and others.

Regional Outlook of Antimicrobial Packaging Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

Industry News and Developments:

- February 2020 - Mondi collaborated with Cartro, a corrugated packaging company based out of Mexico, to deliver sustainable packaging solutions for fresh produce.
- October 2019 - BASF launches a new defoamer - Foamaster WO 2360, that complies with principal food contact regulations for adhesives, paper coating applications, and functional packaging, which is compliant with China’s food contact regulation GB 9685-2016 for adhesives and major food contact regulations such as Code of Federal Regulation (CFR) Title 21, Food Contact Materials Regulation (EC), Bundesinstitut fr Risikobewertung (BfR) and Swiss Ordinance on Food Contact Materials for packaging.

Key Market Trends:

Plastics Material is expected to Drive the Market's Growth

- Antimicrobial plastics deliver active agents into food products, helping to restrain the growth of microorganisms and enhance shelf life. These releasing compounds keep food quality and decrease the need for preservatives and additives, thus aiding to maintain health and fitness. These elements are used to preserve the plastic products, tablets, and medical equipment against bacteria and fungal outgrowth.
- The healthcare industry is the prime consumer of this packaging method. The increasing demand for recycling disposable medical products, such as connectors, tubing, syringes, and connectors, as well as a wide variety of molded parts, has been providing innumerable opportunities for the development of antimicrobial solutions, as it offers numerous advantages, such as cleanliness, sterility, ease of use, convenience, and low cost, over traditional materials.
- Furthermore, microbial contamination, intricate epidemiological situations, healthcare-associated infections (HAIs), and infection risks in hospitals and dental equipment drive the need for the prevention of microbial infections. According to the US Department of Health & Human Services, 1 in 25 US hospital patients is diagnosed with at least one infection related to hospital care alone, every year.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Antimicrobial Packaging Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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