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By 2026, the antimicrobial plastics market will be worth $66.7 billion with a CAGR of 10.8%.

Published: November 18, 2022
Author: TEXTILE VALUE CHAIN
According to a new market research report, the Antimicrobial Plastics Market by Additive (Inorganic, Organic), Type (Commodity Plastics, Engineering Plastics, High-Performance Plastics), Application and Region (APAC, North America, Europe, MEA, South America) – Global Forecast to 2026″, is projected to reach USD 66.7 billion by 2026, at a CAGR of 10.8% from USD 40.0 billion in 2021.

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, chemical stability and are low cost. The continuous and repeated use of plastic materials may cause hygiene-related concerns, 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.

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  • 299 Market data Tables
  • 47   Figures
  • 270 Pages and in-depth TOC on “Antimicrobial Plastics Market – Global Forecast to 2026″

This report also provides a comprehensive analysis of the companies listed below:

DuPont De Nemours Inc. (US), BASF SE (Germany), Microban International (US), Sanitized AG (Switzerland), BioCote Limited (UK), Avient Corporation (US), King Plastic Corporation (US), Milliken Chemical (US), and Parx Plastics N.V (Netherlands)

They have adopted strategies such as and new product launch, acquisition, and collaboration in order to gain an advantage over their competitors.

Inorganic additives is projected to be the fastest-growing additive for antimicrobial plastics market between 2021 and 2026

Antimicrobial additives consist of certain specific active ingredients which have antimicrobial properties. These additives are effective against a broad range of bacteria, fungi, and viruses. There is a higher demand for inorganic antimicrobial additives mainly due to their non-volatile nature, high thermal stability, and widespread applications. Inorganic antimicrobial additives are widely used in the healthcare, packaging, and construction industries.

Asia Pacific is projected to be the fastest-growing region for the antimicrobial plastics market during the forecast period

Asia Pacific is the largest antimicrobial plastics market. The increasing population and rapid urbanization in key countries, such as China and India, contribute to the growth of the antimicrobial plastics market. The region is projected to witness the highest CAGR between 2021 and 2026, owing to the emerging players in the region and burgeoning demand from industries such as packaging, consumer goods, and automotive. Although Asia Pacific is the largest market, mature and developed regions such as North America and Europe also account for a considerable share in the global antimicrobial plastics market. Factors such as awareness towards personal hygiene and stringent regulations drive the antimicrobial plastics market in North America and Europe.

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