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Global Antimicrobial Plastics Market by End Use (Automotive & Transportation, Building & Construction), by Product (High Performance, Engineering, Commodity) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CM-72587
  • Author: Up Market Research
  • Rating: 4.8
  • Total Reviews: 89
  • No. Of Pages: 248
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  • Pub. Date: 2021-10-21
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Summary of the Report

Global antimicrobial plastics market was valued at USD 25.4 million in 2020. It is projected to grow at a compound annual rate (CAGR of 7.9%) between 2020 and 2028. The market's main driver is expected to be the increasing penetration in the healthcare, food and beverage industries. In recent years, there has been a significant increase in antimicrobial plastic demand in consumer goods due to rising awareness about personal hygiene in light of increasing epidemics like H5N1 Avian flu, COVID-19, and H1N1 Swine Flu. Because of their antimicrobial properties, antimicrobial plastics are increasingly being used in healthcare to replace conventional materials for medical instruments like ventilators and anesthetic devices.

These plastics are excellent at resisting moisture, which makes them more suitable for food packaging in the food and drink industry. Antimicrobial additives increase the plastic's functional life and prevent the growth of bacteria which can make it less durable. This makes the plastic more resistant to odor, stainless, and odorless and is ideal for use in medical devices.

Antimicrobial plastics are made using a combination plastic resins with antimicrobial additions. Many antimicrobial additive producers invest in research and development to develop advanced technologies that will help them maintain a competitive edge. Polyfuze Graphics Corp. launched a line of polymer-fusion products that include antimicrobial blocking agents in April 2020.

The demand for antimicrobial materials in the healthcare sector has increased dramatically due to the recent COVID-19 outbreak. Due to the increasing number of sick patients, the demand for medical equipment like ventilators, beds and gloves is growing. This has boosted the demand for antimicrobial materials in the healthcare sector.

Product Insights

Commodity plastic dominated the market, accounting for 67.9% of global revenue in 2020. Over the forecast period, the market will be driven by the increasing use of commodity plastic in packaging, healthcare, food and beverage, and consumer products. These industries are seeing product growth due to rising consumer awareness about personal hygiene and changing lifestyles.

Due to their biocompatibility, high impact resistance, moisture resistance and chemical resistance and wide variety of applications in different end-use industries, polyethylene and polypropylene antimicrobialplastics are major contributors to the increase in demand for commodity plastic.

Coronavirus disease has impacted demand for antimicrobial plastics used in consumer goods applications. Consumers are shifting to products that are safe, reliable, and sustainable. This shift in consumer purchasing behavior and structural changes in the consumer goods sector are expected to increase the demand for commodity plastics that have antimicrobial properties in consumer good applications during the forecast period.

End-use Insights

The market's largest segment, the healthcare end-use segment, accounted for over 31.0% of global revenue in 2020. Due to the lower costs of home healthcare compared to hospital care, and the growing demand for ICU medical devices, the demand for antimicrobial plastics in the healthcare industry is expected to grow in the next few years.

Medical devices will be in high demand due to the growing demand for healthcare services, the development of healthcare infrastructure and the rising incidences of cardiovascular disease. This is expected to have positive effects on the demand of antimicrobial plastics in healthcare applications.

The recent spread of COVID-19 around the world is driving the demand for medical equipment such as gloves, masks, testing equipment, ventilators and other medical components. This is boosting the market for antimicrobial plastics. An increasing number of positive cases in countries such as the U.S. and Iran are driving the demand for medical components. This is creating lucrative growth opportunities to the antimicrobial plastics market.

Because it doesn't require any processing and is preservative-free (no need to be processed), antimicrobial plastic packaging is used extensively in the food and beverage industry. It inhibits the growth and reproduction of microorganisms, which extends shelf life for perishable foods. Antimicrobial plastic packaging has seen an increase in usage in recent years due to consumer health awareness and the increasing demand for products that have a longer shelf-life. This trend is expected continue in the future.

Regional Insights

Asia Pacific was the dominant market, accounting for 40.0% of global revenue in 2020. The market growth is expected to be driven by the rising demand for antimicrobial plastic in the healthcare and packaging sectors, particularly in India, China, Japan, and other countries like Japan. The rising healthcare spending, due to the increasing prevalence of chronic diseases and the expansion of insurance coverage in countries like India, China, Japan, is expected be a significant factor in government investment in healthcare infrastructure.

COVID-19, a recent epidemic in India, U.S., China, France and other countries, is expected to reduce product demand in construction, automotive, electronic and consumer goods, as well as in electrical and electronic equipment. The recent outbreak has caused a slowdown or halt in manufacturing operations, restrictions in supply and transport, as well as infrastructure slowdown. This is expected to adversely impact the demand in 2020 for antimicrobial plastics in these applications.

The rising number of COVID-19 positive COVID-19 cases around the world is positively impacting the demand for antimicrobial materials in the medical industry. This includes testing equipment, medical bags and gloves, masks, containers, ventilators, and other medical applications.

Market Share Insights & Key Companies

This market is characterized in large and small-scale businesses that cater to local and global needs. Forward integration is key to the market's success. This includes raw material production, manufacturing, distribution, and final sale to different industries. Continuous raw material supply is possible due to integration across all stages of the value-chain. This also results in low manufacturing costs. A few companies have taken R&D steps to improve their product specifications and market reach. These initiatives are expected to increase product demand over the next years. The following are some of the major players in this sector:

  • BASF SE

  • Parx Materials N.V

  • Ray Products Company Inc.

  • Covestro AG

  • King Plastic Corporation

  • Palram Industries Ltd.

  • Clariant AG

  • Sanitized AG

  • Dow Inc.

  • Lonza

Up Market Research published a new report titled “Antimicrobial Plastics Market research report which is segmented by End Use (Automotive & Transportation, Building & Construction), by Product (High Performance, Engineering, Commodity), By Players/Companies Lonza , King Plastic Corporation, Covestro AG, BASF SE, Clariant AG, Dow Inc, Sanitized AG, Parx Materials NV, Palram Industries Ltd, Ray Products Company Inc”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report Scope

Report AttributesReport Details
Report TitleAntimicrobial Plastics Market Research Report
By End UseAutomotive & Transportation, Building & Construction
By ProductHigh Performance, Engineering, Commodity
By CompaniesLonza , King Plastic Corporation, Covestro AG, BASF SE, Clariant AG, Dow Inc, Sanitized AG, Parx Materials NV, Palram Industries Ltd, Ray Products Company Inc
Regions CoveredNorth America, Europe, APAC, Latin America, MEA
Base Year2020
Historical Year2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year2028
Number of Pages248
Number of Tables & Figures174
Customization AvailableYes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Antimicrobial Plastics Industry Outlook

Global Antimicrobial Plastics Market Report Segments:

The market is segmented by End Use (Automotive & Transportation, Building & Construction), by Product (High Performance, Engineering, Commodity).

Antimicrobial Plastics Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Antimicrobial Plastics Market

Overview of the regional outlook of the Antimicrobial Plastics Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Antimicrobial Plastics Market Overview

Highlights of The Antimicrobial Plastics Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Antimicrobial Plastics Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
        6. By End Use:

                1. Automotive & Transportation

                2. Building & Construction

        7. By Product:

                1. High Performance

                2. Engineering

                3. Commodity

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Antimicrobial Plastics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
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  • Product & Brand Management
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Antimicrobial Plastics Market Trends

Reasons to Purchase the Antimicrobial Plastics Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Antimicrobial Plastics Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Antimicrobial Plastics Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Antimicrobial Plastics Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Antimicrobial Plastics Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Antimicrobial Plastics Market Size & Forecast, 2018-2028 
      4.5.1 Antimicrobial Plastics Market Size and Y-o-Y Growth 
      4.5.2 Antimicrobial Plastics Market Absolute $ Opportunity 


Chapter 5 Global Antimicrobial Plastics Market Analysis and Forecast by End Use
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by End Use
      5.1.2 Basis Point Share (BPS) Analysis by End Use
      5.1.3 Absolute $ Opportunity Assessment by End Use
   5.2 Antimicrobial Plastics Market Size Forecast by End Use
      5.2.1 Automotive & Transportation
      5.2.2 Building & Construction
   5.3 Market Attractiveness Analysis by End Use

Chapter 6 Global Antimicrobial Plastics Market Analysis and Forecast by Product
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Product
      6.1.2 Basis Point Share (BPS) Analysis by Product
      6.1.3 Absolute $ Opportunity Assessment by Product
   6.2 Antimicrobial Plastics Market Size Forecast by Product
      6.2.1 High Performance
      6.2.2 Engineering
      6.2.3 Commodity
   6.3 Market Attractiveness Analysis by Product

Chapter 7 Global Antimicrobial Plastics Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Antimicrobial Plastics Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Antimicrobial Plastics Analysis and Forecast
   9.1 Introduction
   9.2 North America Antimicrobial Plastics Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Antimicrobial Plastics Market Size Forecast by End Use
      9.6.1 Automotive & Transportation
      9.6.2 Building & Construction
   9.7 Basis Point Share (BPS) Analysis by End Use 
   9.8 Absolute $ Opportunity Assessment by End Use 
   9.9 Market Attractiveness Analysis by End Use
   9.10 North America Antimicrobial Plastics Market Size Forecast by Product
      9.10.1 High Performance
      9.10.2 Engineering
      9.10.3 Commodity
   9.11 Basis Point Share (BPS) Analysis by Product 
   9.12 Absolute $ Opportunity Assessment by Product 
   9.13 Market Attractiveness Analysis by Product

Chapter 10 Europe Antimicrobial Plastics Analysis and Forecast
   10.1 Introduction
   10.2 Europe Antimicrobial Plastics Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Antimicrobial Plastics Market Size Forecast by End Use
      10.6.1 Automotive & Transportation
      10.6.2 Building & Construction
   10.7 Basis Point Share (BPS) Analysis by End Use 
   10.8 Absolute $ Opportunity Assessment by End Use 
   10.9 Market Attractiveness Analysis by End Use
   10.10 Europe Antimicrobial Plastics Market Size Forecast by Product
      10.10.1 High Performance
      10.10.2 Engineering
      10.10.3 Commodity
   10.11 Basis Point Share (BPS) Analysis by Product 
   10.12 Absolute $ Opportunity Assessment by Product 
   10.13 Market Attractiveness Analysis by Product

Chapter 11 Asia Pacific Antimicrobial Plastics Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Antimicrobial Plastics Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Antimicrobial Plastics Market Size Forecast by End Use
      11.6.1 Automotive & Transportation
      11.6.2 Building & Construction
   11.7 Basis Point Share (BPS) Analysis by End Use 
   11.8 Absolute $ Opportunity Assessment by End Use 
   11.9 Market Attractiveness Analysis by End Use
   11.10 Asia Pacific Antimicrobial Plastics Market Size Forecast by Product
      11.10.1 High Performance
      11.10.2 Engineering
      11.10.3 Commodity
   11.11 Basis Point Share (BPS) Analysis by Product 
   11.12 Absolute $ Opportunity Assessment by Product 
   11.13 Market Attractiveness Analysis by Product

Chapter 12 Latin America Antimicrobial Plastics Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Antimicrobial Plastics Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Antimicrobial Plastics Market Size Forecast by End Use
      12.6.1 Automotive & Transportation
      12.6.2 Building & Construction
   12.7 Basis Point Share (BPS) Analysis by End Use 
   12.8 Absolute $ Opportunity Assessment by End Use 
   12.9 Market Attractiveness Analysis by End Use
   12.10 Latin America Antimicrobial Plastics Market Size Forecast by Product
      12.10.1 High Performance
      12.10.2 Engineering
      12.10.3 Commodity
   12.11 Basis Point Share (BPS) Analysis by Product 
   12.12 Absolute $ Opportunity Assessment by Product 
   12.13 Market Attractiveness Analysis by Product

Chapter 13 Middle East & Africa (MEA) Antimicrobial Plastics Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Antimicrobial Plastics Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Antimicrobial Plastics Market Size Forecast by End Use
      13.6.1 Automotive & Transportation
      13.6.2 Building & Construction
   13.7 Basis Point Share (BPS) Analysis by End Use 
   13.8 Absolute $ Opportunity Assessment by End Use 
   13.9 Market Attractiveness Analysis by End Use
   13.10 Middle East & Africa (MEA) Antimicrobial Plastics Market Size Forecast by Product
      13.10.1 High Performance
      13.10.2 Engineering
      13.10.3 Commodity
   13.11 Basis Point Share (BPS) Analysis by Product 
   13.12 Absolute $ Opportunity Assessment by Product 
   13.13 Market Attractiveness Analysis by Product

Chapter 14 Competition Landscape 
   14.1 Antimicrobial Plastics Market: Competitive Dashboard
   14.2 Global Antimicrobial Plastics Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Lonza 
      14.3.2 King Plastic Corporation
      14.3.3 Covestro AG
      14.3.4 BASF SE
      14.3.5 Clariant AG
      14.3.6 Dow Inc
      14.3.7 Sanitized AG
      14.3.8 Parx Materials NV
      14.3.9 Palram Industries Ltd
      14.3.10 Ray Products Company Inc
Segments Covered in the Report
The global Antimicrobial Plastics market has been segmented based on

By End Use
  • Automotive & Transportation
  • Building & Construction
By Product
  • High Performance
  • Engineering
  • Commodity
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Lonza 
  • King Plastic Corporation
  • Covestro AG
  • BASF SE
  • Clariant AG
  • Dow Inc
  • Sanitized AG
  • Parx Materials NV
  • Palram Industries Ltd
  • Ray Products Company Inc

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