The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per The Business Research Company’s Antimicrobial Plastics Global Market Report 2023, the antimicrobial plastics market is expected to show significant growth in the forecast period.

Key insights from the antimicrobial plastics market forecast include:

1. Market Size

The global antimicrobial plastics market is expected to grow from $44.13 billion in 2022 to $48.99 billion in 2023 at a compound annual growth rate (CAGR) of 11.0%. The antimicrobial plastics market size is expected to grow to $72.96 billion in 2027 at a CAGR of 10.5%.

2. Major Driver

The rising penetration of antimicrobial polymers in food and drinks, packaging, and healthcare is likely to fuel future market growth. According to ETHealth World, the packaging business in India is expected to grow at a rate of 26.7% in December 2021 due to greater penetration of sustainable packaging in the healthcare industry. expansion is being driven by population expansion, rising life expectancy, increased health awareness about the environmental impact of traditional packaging, and the transition to new packaging regulations. As a result, rising penetration in food and drinks, packaging, and healthcare is likely to drive the antimicrobial plastics market forward.

View More On The Antimicrobial Plastics Market Report 2023 – https://www.thebusinessresearchcompany.com/report/antimicrobial-plastics-global-market-report

3. Key Trend

Product innovation is a prevalent trend in the antimicrobial plastics market. Major market companies are focusing their efforts on developing novel products like Puretec. For example, Sanitised, a Swiss firm specialising in antimicrobial hygiene and material protection for textiles and polymers, will offer puretec for better antimicrobial performance in November 2021. Puretec Sanitised provides exceptional antibacterial performance across all fibre types. Sanitised Puretec offers a one-of-a-kind solution for synthetic sportswear businesses and shops by allowing customers to wear their favourite things for longer periods of time before washing them. Giving businesses and sportswear consumers piece of mind by providing long-lasting freshness on materials.

4. Major Players

Major players in the antimicrobial plastics market are DuPont De Nemours Inc., BASF SE, Microban International, Sanitized AG, BioCote, Avient Corporation, King Plastic Corporation, Milliken Chemical, and Parx Plastics N.V.

5. Top Market Segments

The global antimicrobial plastics market is segmented –

1) By Product: Commodity Plastics, Engineering Plastics, High-Performance Plastics

2) By Additive: Inorganic, Organic

3) By Application: Refining And Petrochemical, Metals, Power Generation, Other Applications

4) By End-Use: Building And Construction, Automotive And Transportation, Healthcare, Packaging, Food And Beverage, Textile, Consumer Goods, Other End-Uses

Request A Sample Of The Global Antimicrobial Plastics Market Report 2023:

https://www.thebusinessresearchcompany.com/sample.aspx?id=7497&type=smp

The Antimicrobial Plastics Global Market Report 2023  provides an in-depth analysis on the antimicrobial plastics market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the antimicrobial plastics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –

Plastics And Rubber Products Global Market Report 2023

Antimicrobial Susceptibility Testing Global Market Report 2023

Antimicrobial Medical Device Coatings Global Market Report 2023

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