Antimicrobial Plastics Market expected to grow at a CAGR of 7.8 percent during the forecast period

Pune 24 Feb 2023: The "Antimicrobial Plastics Market" was USD27.38 Bn in 2021 and is expected to reach USD49.93 Bn by 2029 at a CAGR of 7.8 percent throughout the forecast period. The global Antimicrobial Plastics Market report published by Maximize Market Research is available in the market. The firm has got clients in the Material & Chemical segment in more than 34 countries.

Global Antimicrobial Plastics Market Scope and Research Methodology

The Antimicrobial Plastics Market report provides information on major stakeholders, current and historical status with trends in the market. The report analyses Global Antimicrobial Plastics Market through market size, share, production and sales of major key companies such as Agion Technologies Inc., RTP Company, Microban International, BioCote and Biosafe Inc. The Global Antimicrobial Plastics Market report includes macro and micro factors affecting the economic growth of the market.

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The bottom-up approach is used to estimate size of the Antimicrobial Plastics Market. The primary research includes interview with market leaders, business owners and marketing specialists whereas secondary research has been collected from annual report of organization, public record and paid databases. Collected data has been analysed through SWOT and PORTER's five force model.

Growing demand for antimicrobial plastic packaging in various industries driving the Global Antimicrobial Plastics Market

The use of antimicrobial plastic in packaging requires less processing and prevents the development of germs. Demand for products with a longer shelf life and rising health awareness has increased the use of antimicrobial plastic packaging. Antimicrobial is also useful in the healthcare sector since it prevents germs on surfaces, devices and equipment. All these factors are expected to drive the Global Antimicrobial Plastics Market at a significant rate. Increased investment by the key companies in research and development is also influencing the Antimicrobial Plastics Market growth. Strict environmental regulations to minimize environmental hazards are expected to constrain the Global Antimicrobial Plastics Market growth over the forecast period.

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North America expected to hold largest share of the Global Antimicrobial Plastics Market

Due to favorable government policies and demand for non-residential projects such as schools and hospitals are expected to drive the Global Antimicrobial Plastics Market in North America. The rise in end use sectors of the Global Antimicrobial Plastics Market such as automotive, transportation, food and beverages and infrastructure are expected to contribute to the growth of the Antimicrobial Plastics Market over the forecast period.

Global Antimicrobial Plastics Market Segmentation

By Product:

Commodity Plastics
Polyethylene (PE)
Polypropylene (PP)
Polyvinyl Chloride (PVC)
Polystyrene (PS)
Acrylonitrile Butadiene Systems (ABS)
Polyethylene Terephthalate (PET)
Engineering Plastics
Polyamide (PA)
Polycarbonate (PC)
Thermoplastic polyurethane (TPU)
Others
High-performance Plastics

By Application:

Building & Construction
Automotive & Transportation
Healthcare
Packaging
Food & Beverage
Textile
Consumer Goods
Others

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Global Antimicrobial Plastics Market Key Players Include

Agion Technologies Inc. (US)
American Polyfilm Inc. (US)
Americhem Inc. (US)
Ray Products Company Inc. (US)
RTP Company (US)
Compounding Solutions LLC (US)
Du Pont Nemours Inc. (US)
Avient Corporation (US)
Microban International (US)
King Plastic Corporation (US)
Milliken Chemical (US)
Teknor Apex Company (US)
Plastics Color Corporation (US)
Porex Technologies (US)
Polychem Alloy Inc. (US)
Highland Plastic Inc. (US)
Biosafe Inc. (US)
Gelest Inc (US)
Addmaster Limited (UK)
Akcros Chemical (UK)
Steritouch (UK)
BioCote (UK)
Doeflex Vitapol (UK)
Lonza Group (Switzerland)
BASF SE (Germany)
Parx Plastics N.V. (The Netherlands)
Covestro AG (Germany)
Sanitized AG (Switzerland)
Clariant International Ltd (Switzerland)

Table of content for Global Antimicrobial Plastics Market:

Global Antimicrobial Plastics Market: Research Methodology
Global Antimicrobial Plastics Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

Global Antimicrobial Plastics Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

Global Antimicrobial Plastics Market Segmentation
Global Market, by Product (2021-2029)
Global Market, by Application (2021-2029)

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Regional Antimicrobial Plastics Market (2021-2029)
Regional Market, by Product (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Country (2021-2029)

Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product and Application
Competitive Landscape - Profiles of selected key players by region in strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

Maximize Market Research is leading Material & Chemical research firm, has also published the following reports:

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https://www.maximizemarketresearch.com/market-report/global-antimicrobial-coatings-market/100487/

Antimicrobial Ingredients Market - Global Industry Analysis, Growth, Segmentation and Forecast (2022-2027) - know more
https://www.maximizemarketresearch.com/market-report/global-antimicrobial-ingredients-market/85303/

Antimicrobial Additives Market - Global Industry Analysis and Forecast (2022 to 2029) - know more
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Antimicrobial Coatings for Medical Devices Market - Industry Analysis and Forecast (2022-2029) - know more
https://www.maximizemarketresearch.com/market-report/global-antimicrobial-coatings-for-medical-devices-market/20823/

Antimicrobial Textile Market - Industry Analysis and Forecast (2022-2029) - know more
https://maximizemarketresearch.com/market-report/global-antimicrobial-textile-market/33646/

Antimicrobial Susceptibility Testing Market- Global Industry Analysis and Forecast (2022-2029) - know more
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Bioplastic Composites Market: Global Industry Analysis and Forecast (2022-2029) - know more
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