Antimicrobial Plastics Market to Grow USD 64.8 billion by 2028 | DuPont De Nemours, Inc. (US), BASF SE (Germany), Microban International (US), Sanitized AG (Germany), Biocote Limited (UK), Avient Corporation (US), and King Plastic Corporation

In terms of value, the antimicrobial plastics market is estimated to grow from USD 41.7 billion in 2022 to USD 64.8 billion by 2028, at a CAGR of 7.7%. The growth of the healthcare, automotive and building & construction industries is also driving the demand for antimicrobial plastics. Healthcare will be essential to the economic recovery because it has never been more crucial to the world economy than it has been over the last two years due to the global pandemic. People across the global have become more aware regarding their health and safety to avoid the spread of infections. All these factors are boosting the demand for antimicrobial plastics especially in medical & healthcare application.

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The key players profiled in the report include DuPont De Nemours, Inc. (US), BASF SE (Germany), Microban International (US), Sanitized AG (Germany), Biocote Limited (UK), Avient Corporation (US), and King Plastic Corporation (US).

The antimicrobial plastics market is a global industry that produces and sells plastics that are treated with antimicrobial agents to inhibit the growth of bacteria, viruses, and other microorganisms. Antimicrobial plastics are used in various applications such as healthcare, packaging, consumer goods, and construction.

The market for antimicrobial plastics is driven by the increasing demand for hygiene and cleanliness, particularly in healthcare facilities, as well as the growing concern for food safety and the prevention of diseases. Antimicrobial plastics help to prevent the spread of infections and diseases by inhibiting the growth of microorganisms on the surface of the plastic.

The antimicrobial plastics market can be segmented based on type, application, and geography. Based on type, the market can be further segmented into commodity plastics, engineering plastics, and high-performance plastics. Commodity plastics such as polyethylene and polypropylene are the largest segment in terms of volume due to their extensive use in packaging and consumer goods.

Based on application, the antimicrobial plastics market can be segmented into healthcare, packaging, consumer goods, automotive, and others. The healthcare segment is the largest segment due to the increasing demand for hygiene and cleanliness in healthcare facilities.

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Geographically, the antimicrobial plastics market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific region is the largest market for antimicrobial plastics due to the growing population, increasing demand for hygiene and cleanliness, and rising awareness about food safety in emerging economies such as China and India.

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