Report Scope & Overview:
Antimicrobial Plastics Market Size was valued at USD 46.65 billion in 2022, and is expected to reach USD 86.35 billion by 2030, and grow at a CAGR of 8.0% over the forecast period 2023-2030.
Antimicrobial Plastics, sometimes known as polymeric biocides, are polymeric materials that have been treated with antimicrobial chemicals or additives. Silver, copper, zinc, triclosan, and oxybisphenoxarsine are the most often used antimicrobial additives. These plastics are mostly employed in commercial plastic items to kill microbes by inhibiting their growth. Antimicrobial polymers also have the ability to suppress bacteria, fungus, and protozoans, among other microorganisms. Antimicrobial polymers are highly designed materials that are made to look like antimicrobial peptides, which are used by humans' immune systems to destroy bacteria and other infections. Untreated plastic items are vulnerable to microbe development, which can result in discoloration, odour, and quick deterioration problems. Antimicrobial additives are added with plastic resins during compounding to provide a biocide treatment to avoid this. Healthcare, packaging, automotive, consumer products, and food and beverage are just a few of the industries that employ the product.
Market Dynamics:
Drivers:
Increased demand for plastic in the commodity market as per capita income rises.
Increased health awareness in order to avoid infections such as H1N1 (swine flu)
Restraints:
Plastic usage is restricted by the government.
Opportunity:
People in emerging countries benefit from greater disposable income and a better level of living.
Textile industry expansion
Impact of Covid-19:
COVID-19's pandemic in 2020 wreaked havoc on the world economy and a variety of businesses. The pandemic has had a favourable impact on the antimicrobial plastics sector, unlike other markets. Antimicrobial plastics have gained popularity in a variety of applications, particularly in the medical and healthcare fields. During the pandemic, there was a huge need for antimicrobial polymers in hospital beds and ventilators. As a result, demand for antimicrobial polymers in the medical and healthcare industries is predicted to expand faster than in other end-use industries. Despite restrictions on industrial operations in various end-use industries such as building and construction, automotive, consumer goods, and packaging, the increasing trend of antimicrobial plastics usage in these applications is likely to grow during the projection period.
Key Players:
Major manufacturer in Antimicrobial Plastics Market are, PARX Plastics N.V, King Plastic Corporation, BioCote Limited, BASF SE, Microban International Ltd., Americhem Inc, Lonza, Sanitized AG, Polyone Corporation, Clariant AG, and other players.
Market Segmentation:
By Additive
Inorganic antimicrobial additives (silver, copper, and zinc)
Organic antimicrobial additives (oxybisphenoxarsine (OBPA), triclosan, and others)
By Type
Commodity plastics (PE, PP, PVC, PS, PMMA, PET, and PUR)
Engineering plastics (ABS, PC, PA, POM, and others)
High-performance plastics
By Application
Refining & Petrochemical
Metals
Power Generation
Others
By End Users:
Building & Construction
Healthcare
Packaging
Automotive
Electronics
Commercial
Others (including Textile)
.png)
Regional Analysis:
Asia-Pacific, North America, Europe, Latin America, and the Middle East and Africa are the five primary regions that make up the worldwide antimicrobial plastics market. Because of the widespread use of antimicrobial polymers in food packaging, medical devices and equipment, and the automotive industries, North America accounted for the highest share of the market in 2018. The surge in demand for antimicrobial plastics in air conditioning and ventilation (ACV) and consumer goods is propelling the regional market forward. Europe is also likely to be a significant regional market, with rising demand in the automotive, healthcare, and medical industries. During the study period, Asia-Pacific is predicted to have a smaller proportion of the global antimicrobial plastics market. The key factors expected to promote regional market expansion during the forecast period are rising demand for innovative technology in the medical industry and rising government spending on healthcare.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 46.65 Billion |
| Market Size by 2030 | US$ 86.35 Billion |
| CAGR | CAGR of 8.0% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By additive (Inorganic antimicrobial additives (silver, copper, and zinc), Organic antimicrobial additives (oxybisphenoxarsine (OBPA), triclosan, and others)) • By type (Commodity plastics (PE, PP, PVC, PS, PMMA, PET, and PUR), Engineering plastics (ABS, PC, PA, POM, and others), High-performance plastics) • By application (Refining & Petrochemical, Metals , Power Generation, Others) • By End Users (Building & Construction, Healthcare, Packaging, Automotive, Electronics, Commercial, Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | PARX Plastics N.V, King Plastic Corporation, BioCote Limited, BASF SE, Microban International Ltd., Americhem Inc, Lonza, Sanitized AG, Polyone Corporation, Clariant AG, and other players. |
| DRIVERS | • Increased demand for plastic in the commodity market as per capita income rises. • Increased health awareness in order to avoid infections such as H1N1 (swine flu) |
| Restraints | • Plastic usage is restricted by the government. |
Ans: Asia-Pacific, North America, Europe, Latin America, and the Middle East and Africa are the five primary regions that make up the worldwide antimicrobial plastics market.
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Primary or secondary type of research done by this reports.
Ans: Plastic usage is restricted by the government are the restraints for Antimicrobial Plastics Market.
Ans: Antimicrobial Plastics Market Size was valued at USD 43.2 billion in 2021, and expected to reach USD 74.03 billion by 2028, and grow at a CAGR of 8.0 % over the forecast period 2022-2028.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Antimicrobial Plastics Market Segment, By additive
8.1 Inorganic antimicrobial additives (silver, copper, and zinc)
8.2 Organic antimicrobial additives (oxybisphenoxarsine (OBPA), triclosan, and others)
9. Antimicrobial Plastics Market Segment, By type
9.1 Commodity plastics (PE, PP, PVC, PS, PMMA, PET, and PUR)
9.2 Engineering plastics (ABS, PC, PA, POM, and others)
9.3 High-performance plastics
10. Antimicrobial Plastics Market Segment, By application
10.1 Refining & Petrochemical
10.2 Metals
10.3 Power Generation
10.4 Others
11. Antimicrobial Plastics Market Segment, By End Users:
11.1 Building & Construction
11.2 Healthcare
11.3 Packaging
11.4 Automotive
11.5 Electronics
11.6 Commercial
11.7 Others (including Textile)
12 . Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profile
13.1 PARX Plastics N.V
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 King Plastic Corporation
13.3 BioCote Limited
13.4 BASF SE
13.5 Microban International Ltd.
13.6 Americhem Inc
13.7 Lonza
13.8 Sanitized AG
13.9 Polyone Corporation
13.10 Clariant AG
14.Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
15. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Cryogenic Fuels Market Size was valued at USD 118.64 billion in 2022 and is expected to reach USD 189.10 billion by 2030.
The Marine Lubricants Market Size was valued at USD 6.39 billion in 2022, and expected to reach USD 7.25 billion by 2030, and grow at a CAGR of 1.6% over the forecast period 2023-2030.
The Synthetic Leather Market is estimated to grow from USD 36.17 billion in 2022 to USD 59.42 billion by 2030. It occupies a CAGR of 6.4% during the forecast period 2023-2030.
Report Scope & Overview: Cross Laminated Timber Market Size
The Flat Steel Market size was USD 520.7 billion in 2022 and is expected to Reach USD 817.47 billion by 2030 and grow at a CAGR of 5.8% over the forecast period of 2022-2030.
Gibberellins Market size was valued at USD 901.6 million in 2022. It is expected to grow to USD 1718.9 million by 2030 and grow at a CAGR of 8.4% over the forecast period of 2023-2030.
Hi! Click one of our member below to chat on Phone
© 2023 All Rights Reserved by SNS Insider Pvt Ltd
