Antimicrobial Plastic Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Commodity Plastics, Engineering Plastics, High-performance Plastics, Others), By Additive (Inorganic, Organic), By End Use (Healthcare, Packaging, Automotive, Construction, Food & Beverage, Others), By Region and Competition 2018-2028
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationAntimicrobial Plastic Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Commodity Plastics, Engineering Plastics, High-performance Plastics, Others), By Additive (Inorganic, Organic), By End Use (Healthcare, Packaging, Automotive, Construction, Food & Beverage, Others), By Region and Competition 2018-2028
The Global Antimicrobial Plastic
Antimicrobial Plastic is widely used as a replacement of conventional material in the production of medical equipment such as anesthesia machine and ventilators due to their properties. Moreover, rising utilization of antimicrobial plastic in the automotive and construction sector has led to the growth of global antimicrobial plastic market in the projected period.
Growing Adoption in the Healthcare Sector
Antimicrobial plastics are mostly used in the healthcare sector, as antimicrobial plastic provides a number of benefits over traditional materials, including sterility, cleanliness, simplicity of use, convenience, and cheap cost. The demand for prevention of microbial infections is being driven by healthcare-associated infections (HAIs), complex epidemiological scenario, nosocomial infections, microbial contamination, and infection hazards in hospitals and dental equipment. Numerous prospects for the development of antimicrobial treatments were presented by the requirement for recycling disposable medical equipment. Antimicrobial plastics are generally utilized for items like cubicle curtains, nurse call systems, beds, handrails, doorknobs, flooring, pull cords, and case note holders in nursing home, and hospitals.
For instance, in 2022, University of California Los Angeles researchers created a zwitterion polymer coating for in-dwelling medical devices, such as urinary catheters, that prevents microbes from adhering and creating troublesome biofilms.
Rising Demand from End Use Industries
Antimicrobial plastic is used as packaging material in the food and beverage industry as it doesn't include preservatives, requires no processing, and inhibits the growth of microorganisms, hence prolongs the shelf life of perishable goods. In recent years, there has been a rise in the usage of antimicrobial plastic packaging due to rising consumer health awareness and the desire for products with longer shelf lives.
In addition, the demand for antimicrobial plastic is increasing from the textile sector. Antimicrobial plastic is very helpful as it prevents the generation of odor causing bacteria in the textile. Along with this, antimicrobial plastic is used in construction sector as these plastics provide protection from fungus, bacteria to roof and walls.
For Instance, in 2020, Symphony Environmental Technologies got the US Food and Drug Administration (FDA) approval for antimicrobial food packaging.
In 2019, Microban International partnered with Panaria Group to introduce antimicrobial protection in their products.
Thus, increasing demand from various end use industries will lead to the growth of market in the forecast period.
Commodity Plastics will be the Key Type
For instance, in 2022, Polygiene acquired SteriTouch to expand the company’s antimicrobial additives offerings for plastics, coatings and paints.
In addition, engineering plastic has better mechanical properties and dimensions therefore is used in transportation, construction, and electrical industrial machinery.
Therefore, aforementioned factors are likely to boost market growth over the projected period.
Recent Developments
- In May 2022, Sanitized AG, launched
new product OX20 which does not contain any biocides and is used on cotton,
viscose, or synthetic fibers.
- Sanitized Puretec, a textile
antimicrobial solution was introduced by Sanitized AG in November 2021, which
is metal-free, non-leaching, and particle-free to prevent the growth of bacteria.
- In March 2021, Saniconcentrate, a
new additive, was introduced by Parx Materials. This additive creates
antimicrobial polymers that can halt the spread of dangerous germs and
viruses.
- A new patented range of
antimicrobial blocking polymer fusion solutions was introduced by Polyfuze
Graphics Corp in April 2020.
Market Segmentation
Global Antimicrobial Plastic Market
Market Players
BASF SE, Parx Materials N.V., Microban International, Ltd., King Plastic Corporation, Palram Industries Ltd., RTP Company, Inc., Sanitized AG, BioCote Ltd., Milliken & Company, Avient Corporation are some of the key players in the Global Antimicrobial Plastic Market.
|
Attribute |
Details |
|
Base Year |
2022 |
|
Historic Data |
2018 – 2021 |
|
Estimated
Year |
2023 |
|
Forecast Period |
2024 – 2028 |
|
Quantitative
Units |
Revenue
in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028 |
|
Report coverage |
Revenue
forecast, volume forecast, company share, competitive landscape, growth factors,
and trends |
|
Segments
covered |
Type Additive End
Use |
|
Regional
scope |
North
America, Europe, Asia Pacific, South America, Middle East & Africa |
|
Country scope |
United
States, Mexico, Canada, France, Germany, United Kingdom, Spain, Italy, China,
India, South Korea, Japan, Australia, Brazil, Argentina, South Africa, Saudi
Arabia, UAE |
|
Key companies
profiled |
BASF
SE, Parx Materials N.V., Microban International, Ltd., King Plastic
Corporation, Palram Industries Ltd., RTP Company, Inc., Sanitized AG, BioCote
Ltd., Milliken & Company, Avient Corporation |
|
Customization
scope |
10%
free report customization with purchase. Addition or alteration to country, regional
& segment scope. |
|
Pricing and
purchase options |
Avail
customized purchase options to meet your exact research needs. Explore purchase options |
|
Delivery Format |
PDF and Excel through
Email (We can also provide the editable version of the report in PPT/Word
format on special request) |
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