Antimicrobial Plastics Market Overview:
The competitive landscape of the Antimicrobial Plastics market includes information about competitors. The contents include a corporate overview, financials, revenue generated, market potential, investment in research and development, new market efforts, geographical presence, firm strengths and weaknesses, product introduction, and application dominance. The preceding data points are solely relevant to the businesses’ focus on the Antimicrobial Plastics market.
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Antimicrobial Plastics Market Dynamics:
Antimicrobial polymers are required for medical devices because they aid in the prevention of germs on the surfaces of devices, equipment, and implants. These antimicrobial polymers inhibit the growth of potentially pathogenic bacteria such as carbapenem-resistant Enterobacteriaceae and methicillin-resistant Staphylococcus aureus. Medical device manufacturers are increasingly emphasising the use of antimicrobial polymers, which are particularly successful in avoiding colonisation on the surface of device components. As a result, increased use of antimicrobial polymers in medical devices is expected to drive Antimicrobial Plastics Market growth in the forecast period.
Antimicrobial Plastics Market Scope:
This Antimicrobial Plastics market report discusses new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, opportunities in terms of emerging revenue streams, changes in market regulations, strategic market growth analysis, market size, segmented market growth, application niches, and dominance, product approvals, product launches, geographic expansion For more information on the Antimicrobial Plastics market, please contact Maximize Market Research for an Analyst Brief; our experts will assist you in making an informed market choice to achieve market growth.
Antimicrobial Plastics Market Segmentation:
by Product
1. Commodity Plastics
1.2 Polyethylene (PE)
1.3 Polypropylene (PP)
1.4 Polyvinyl Chloride (PVC)
1.5 Polystyrene (PS)
1.6 Acrylonitrile Butadiene Systems (ABS)
1.7 Polyethylene Terephthalate (PET)
2. Engineering Plastics
2.1 Polyamide (PA)
2.2 Polycarbonate (PC)
2.3 Thermoplastic polyurethane (TPU)
2.4 Others
3. High-performance Plastics
Antimicrobial Plastics Market Based on Product, Commodity plastics product segment dominated the global antimicrobial plastics market and accounted for more than 67% of the total market share, in terms of revenue, in 2022. This trend is expected to continue over the forecast period, and the segment is expected to account for 68.26% by 2029. Commodity plastics’ increasing use in healthcare, consumer goods, packaging, and food and beverage industry is expected to boost segment growth over the forecast period. Product demand in these end-use industry is largely driven by increased consumer knowledge about personal hygiene and changing consumer lifestyles throughout the world. Polyethylene topped the commodity plastics segment in 2020 and is expected to continue to do so during the forecast period. Polyethylene is suited for a wide range of applications in numerous end-use sectors due to its improved biocompatibility, high impact strength, moisture resistance, and chemical resistance.
by Application
1. Building & Construction
2. Automotive & Transportation
3.Healthcare
4. Packaging
5. Food & Beverage
6. Textile
7. Consumer Goods
8. Others
Antimicrobial Plastics Market Based on Application, Healthcare application segment dominated the global antimicrobial plastics market and accounted for 31.27% of the total market share in terms of revenue in 2022; it is expected to account for 33.04% of the total revenue share by 2029. The large percentage is because of the growth of the home healthcare sector due to lower costs compared to hospital treatment and increased demand for critical care medical devices. Rising need for antimicrobial polymers used in the production of sterilised and infection-preventing items such as surgical cables, tubing, and orthopaedic sutures is likely to fuel product demand in the healthcare sector. The rising demand for biocompatible, non-corrosive, and sterile materials to replace metal in medical applications is expected to drive product demand.
by Additive
1. Inorganic
1.2 Silver
1.3 Zinc
1.4 Copper
2.Organic
2.1OBPA
2.2 Triclosan
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Antimicrobial Plastics Market Key Players: The following are the key players of the Antimicrobial Plastics market-
1. Agion Technologies Inc. (US)
2. American Polyfilm Inc. (US)
3. Americhem Inc. (US)
4. Ray Products Company Inc. (US)
5. RTP Company (US)
6. Compounding Solutions LLC (US)
7. Du Pont Nemours Inc. (US)
8. Avient Corporation (US)
9. Microban International (US)
10.King Plastic Corporation (US)
11.Milliken Chemical (US)
12.Teknor Apex Company (US)
13.Plastics Color Corporation (US)
14.Porex Technologies (US)
15.Polychem Alloy Inc. (US)
16.Highland Plastic Inc. (US)
17.Biosafe Inc. (US)
18.Gelest Inc (US)
19.Addmaster Limited (UK)
20.Akcros Chemical (UK)
21.Steritouch (UK)
22.BioCote (UK)
23.Doeflex Vitapol (UK)
24.Lonza Group (Switzerland)
25.BASF SE (Germany)
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Regional Analysis:
The geographical section of the research also includes individual market influencing variables and changes in market regulations that effect current and future market trends. Data points such as downstream and upstream value chain analysis, technology trends, porter’s five forces analysis, and case studies are only a few of the indicators used to forecast market scenarios for various countries.
COVID-19 Impact Analysis on Antimicrobial Plastics Market: The research also addresses the impact of COVID-19 on the Antimicrobial Plastics market. The basic purpose of this study is to help the user understand the market in terms of definition, segmentation, market potential, noteworthy trends, and the issues that the industry is facing across key regions. The study provides micro and macroeconomic analysis of the total impact of COVID-19 on the Antimicrobial Plastics Market. The specific analysis focuses on market share and size, which clearly demonstrates the influence that the pandemic has had and will have on the worldwide Antimicrobial Plastics Market in the next years.
Key Questions Answered in the Antimicrobial Plastics Market Report are:
- What will be the CAGR of the Antimicrobial Plastics market during the forecast period (2021-2027)?
- Which segment emerged as the leading segment in the Antimicrobial Plastics market?
- Which are the prominent players in the Antimicrobial Plastics market?
- What key trends are likely to emerge in the Antimicrobial Plastics market in the forecast period?
- What will be the Antimicrobial Plastics market size by 2027?
- Which company held the largest share in the Antimicrobial Plastics market in 2020?
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