The global Antimicrobial Plastics Market size is expected to reach USD 81.95 billion in 2028 and register a CAGR of 10.2% over the forecast period, according to the latest report by Reports and Data. Increasing awareness of health & wellbeing and high demand for antimicrobial plastics from different end-use industries are expected to drive market revenue growth in the near future. Besides, increasing concerns related to the environment would also boost market growth.
Antimicrobial plastic is produced by using synthetic polymer materials. Antimicrobial plastic contains antimicrobial agents or integrated active ingredients. These help to fight against any microbial growth such as fungi, biofilm, bacteria, and mold. These plastics are widely used in a large number of end-use industries such as packaging, consumer goods, automotive, medical & healthcare, and building & construction. Medical and healthcare segment is expected to register a faster CAGR throughout the forecast period. High demand for antibacterial polymer for medicine packaging and surging utilization of antimicrobial plastics in medical devices are likely to drive growth of this segment.
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Top Lading Players: DuPont, BASF SE, Avient Corporation, Microban International, Ray Products Company Inc., Parx Plastics, King Plastic Corporation, BioCote, Milliken Chemical, and Palram Industries Ltd.
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Segments covered in the report:
Type Outlook (Revenue, USD Billion; 2018-2028)
Additive Outlook (Revenue, USD Billion; 2018-2028)
Application Outlook (Revenue, USD Billion; 2018-2028)
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