Global Antimicrobial Plastics Market to reach USD 42.97 Billion by 2027.Global Antimicrobial Plastics Market is valued approximately at USD 25.4 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 7.8% over the forecast period 2021-2027. An antimicrobial plastic is a kind of synthetic polymer material which contains an integrated active ingredient that makes it effective against the microbial growth. The global Antimicrobial Plastics market is being driven by growing awareness for usage of antimicrobial plastics and expansion of various end use industries such as food & beverage, medical, packaging etc. As antimicrobial plastics has excellent moisture resistance and its benefits of minimizing growth of the pathogenic microorganisms like algae, fungi and bacteria. For instance, the covid-19 outbreak has risen the demand of antimicrobial plastics in the healthcare sector in the need for several medical equipment such as beds, ventilators, gloves, masks, and others equipment has bolstered the growth of the global antimicrobial plastics market. Furthermore, growth in textile industry, will provide new opportunities for the global Antimicrobial Plastics industry. For instance, according to Statista, the global medical technology revenue has been rising year on year; as in year 2018, the revenue stood at USD 433.7 billion which increased to 510.0 billion in year 2021 and it is expected to reach at USD 594.5 by year 2024. As a result, increased in medical technology will necessitate the use of antimicrobial in the manufacturing of different medical devices, which will serve as a catalyst for the Antimicrobial Plastics industry in the future. However, volatility in raw material prices and stringent government regulations on usage of plastics in certain applications, may impede market growth over the forecast period of 2021-2027.

Asia Pacific, North America, Europe, Latin America, and Rest of the World are the regions considered for the regional analysis of global antimicrobial plastics market. Growing demand for antimicrobial plastic from the healthcare and packaging sector, especially in countries such as India, China, and Japan makes Asia Pacific the leading region across the world in terms of market share. Whereas Europe is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to the rising demand for PE and PP from the packaging industry.
Major market player included in this report are:

Dupont de Nemours, Inc.
Basf SE
Lonza Group AG
Avient corporation
Microban International Ltd
Parx Plastics N.V.
king plastic corporation
Biocote
Milliken Chemical
Sanitized AG

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Additive:
Organic
Inorganic
By Type:
PE
PP
PS
PVC
PMMA
PET
PUR
By Application:
Packaging
Automotive
Consumer goods
Medical & healthcare
Building & construction
Other


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Antimicrobial Plastics Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors