Dublin, April 02, 2019 (GLOBE NEWSWIRE) -- The "Antimicrobial Plastics Market by Type (Commodity Plastics, Engineering Plastics, High Performance Plastics), Application (Packaging, Automotive, Consumer Goods, Medical and Healthcare, and Building & Construction) % Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The Antimicrobial Plastics Market Size is Estimated to Grow from USD 29.6 Billion in 2018 to USD 43.1 Billion By 2023, at a CAGR of 7.8%
Antimicrobial plastics are polymer materials infused with antimicrobial agents and additives, such as organic-metallic biocides and oxybisphenoxarsine (OBPA). They are mainly used to kill microorganisms, such as bacteria, algae, and fungi, and inhibit their growth in the end-use product. Antimicrobial plastics offer improved mechanical properties, high dimensional stability, heat & chemical resistance, and chemical stability as well as are low cost.
The continuous and repeated use of plastic materials may cause issues related to hygiene, thereby increasing the risk of contamination and pathogenic diseases. The use of antimicrobials plastics restricts the growth of microorganisms and helps prevent the harmful effects caused by the presence of bacteria, fungi, and other parasites.
Increasing demand from applications such as medical and healthcare, packaging, and consumer goods; and consumer awareness pertaining to the importance of antimicrobial plastics are the major factors attributed to the growth of the market. However, volatility in raw material prices and government regulations on the usage of plastics in certain applications are hampering the market growth. Additionally, the growth of the textile industry is expected to offer lucrative opportunities for the market players.
The antimicrobial plastics market is fragmented with a high number of large players and a few small and medium-scale players. The leading manufacturers include BASF SE (Germany), Bayer Material Science (Germany), Microban International Ltd. (US), Sanitized AG (Switzerland), and Lonza Group (Switzerland).
Players in the antimicrobial plastics market are mainly concentrating on the strategies of new product launch/development, contract & agreement, partnership & collaboration, joint venture, and expansion to meet the growing demand for antimicrobial plastics in various applications.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Antimicrobial Plastics Market
4.2 Antimicrobial Plastics Market, By Application
4.3 Antimicrobial Plastics Market, By Region
4.4 APAC Antimicrobial Plastics Market, By Type and Country
4.5 Antimicrobial Plastics Market, By Key Countries
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Consumer Awareness Pertaining to the Importance of Antimicrobial Plastics
5.2.1.2 Increasing Demand From Applications
5.2.2 Restraints
5.2.2.1 Volatility in Raw Material Prices
5.2.2.2 Government Regulations on the Usage of Plastics in Certain Applications
5.2.3 Opportunities
5.2.3.1 Growth of the Textile Industry
5.3 Porter's Five Forces Analysis
5.4 Macroeconomic Indicators
5.4.1 Construction Industry
6 Antimicrobial Plastics Market, By Additive
6.1 Introduction
6.1.1 Inorganic
6.1.1.1 Silver
6.1.1.2 Zinc
6.1.1.3 Copper
6.1.2 Organic
6.1.2.1 Oxybisphenoxarsine
6.1.2.2 Triclosan
7 Antimicrobial Plastics Market, By Type
7.1 Introduction
7.2 Commodity Plastics
7.2.1 PE
7.2.1.1 APAC is the Largest PE Market Due to its Use in Various Building & Construction Applications
7.2.2 PP
7.2.2.1 the Rising Demand for PP in the Packaging, Building & Construction, and Automotive Applications is Driving the Market 50
7.2.3 PS
7.2.3.1 Packaging, Building & Construction, and Consumer Goods are the Major Applications of PS
7.2.4 PVC
7.2.4.1 APAC is Likely to Fuel the Demand for the PVC Type of Antimicrobial Plastics
7.2.5 PMMA
7.2.5.1 the Electronics, Automotive, and Construction Industries are Supporting the Growth of the PMMA Market in APAC
7.2.6 Pet
7.2.6.1 the Large Manufacturing Base of Pet-Based Products in APAC is Likely to Increase its Demand
7.2.7 PUR
7.2.7.1 China and India are Boosting the PUR Market in APAC
7.3 Engineering Plastics
7.3.1 ABS
7.3.1.1 APAC is Driving the Demand for ABS Owing to its Large Electronics Industry
7.3.2 PA
7.3.2.1 the Rising Demand for Engineering Plastics in APAC is Increasing the Demand for PA
7.3.3 PC
7.3.3.1 PC Finds Use in a Wide Range of Applications Due to its Lightweight, Flexibility, and Toughness
7.3.4 POM
7.3.4.1 Superior Properties of POM Make It Suitable for Applications in the Construction, Automotive, and Medical Industries
7.3.5 Others
7.4 High Performance Plastics
7.4.1 Medical and Healthcare, Electronics, and Automotive Applications to Influence the Growth of the Market
8 Antimicrobial Plastics Market, By Application
8.1 Introduction
8.1.1 Packaging
8.1.1.1 Growing Awareness About Health and Hygiene is Expected to Drive the Market in the Packaging Segment
8.1.2 Automotive
8.1.2.1 Rising Production Activities in the Automotive Industry in APAC Will Fuel the Demand
8.1.3 Consumer Goods
8.1.3.1 Growing Population and Rapid Urbanization in APAC are Driving the Market in this Segment
8.1.4 Medical and Healthcare
8.1.4.1 Increasing Consumer Awareness About Personal Hygiene and Quality of Medical Equipment are Boosting the Demand
8.1.5 Building & Construction
8.1.5.1 Increasing Investment in APAC's Construction Industry is Increasing the Demand
8.1.6 Others
9 Antimicrobial Plastics Market, By Region
10 Competitive Landscape
10.1 Introduction
10.2 Competitive Leadership Mapping (Tier 1/Tier 2)
10.3 Competitive Leadership Mapping (Start-Up/Smse)
10.4 Market Share Analysis
10.5 Competitive Scenario
11 Company Profiles
11.1 Dowdupont
11.2 Basf Se
11.3 Bayer Material Science Ag
11.4 Clariant Ag
11.5 Lonza Group Ag
11.6 PolyOne Corporation
11.7 Microban International Ltd.
11.8 Parx Plastics N.V.
11.9 King Plastic Corporation
11.10 Biocote
11.11 Milliken Chemical
11.12 Sanitized Ag
11.13 Other Companies
11.13.1 Americhem Inc.
11.13.2 Teknor Apex Company
11.13.3 Addmaster Limited
11.13.4 Agion Technologies Inc.
11.13.5 Akcros Chemical
11.13.6 Biosafe Inc.
11.13.7 Doeflex Vitapol
11.13.8 Polychem Alloy Inc.
11.13.9 American Polyfilm Inc.
11.13.10 RTP Company
11.13.11 Highland Plastics Inc.
11.13.12 Porex Technologies
11.13.13 Plastics Color Corporation
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