Title: Antimicrobial Plastics Market Segmentation and Future Forecasts to 2026
1Antimicrobial Plastics Market To Reach USD 53.56
Billion By 2026
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2 Market Summary
The continuously rising environmental and hygiene
concerns, technological advancements and a bid to
minimize the spread of infections, promote safe
consumption along with a rise in the population
are the key factors contributing to the high CAGR
in the forecast period. Antimicrobial Plastics
Market Size USD 29.60 Billion in 2018, Market
Growth - CAGR of 7.9, Market Trends
Investments for research and development to
explore newer sectors for application and launch
of products with improved quality and durability.
3 Our Approach
Market Summary
- According to the current analysis of Reports and
Data, the global Antimicrobial Plastics market
was valued at USD 29.60 Billion in 2018 and is
expected to reach USD 53.56 Billion by year 2026,
at a CAGR of 7.9 . The study covers the genre of
advanced materials with special focus on the
antimicrobial plastics market. Antimicrobial
plastics are a type of polymer material infused
with antimicrobial agents that hinders and
restrains the growth of micro-organisms, thus
preventing unpleasant odours discoloration and
surface degradation of the plastics. These
plastics are created in a bid to minimize the
spread of infections and promote safe
consumption. The benefits of hygienic surfaces
are countless along with the applications of the
same. The safety of a material is a value
regardless of the type of application. The rising
concerns regarding hygiene has played a major
role in increasing the demand for this market.
The long lasting nature, improved hygiene and
versatility of application are the key driving
factors in the market. The volatile raw material
costs are usually very high thus posing to be one
of the major challenging factors in the market.
The rising concerns related to health such as
cancer, immunity system suppression, reduction in
resistance, bronchitis, skin diseases etc. have
brought in a rise in the demand for hygienic
plastics. This has been a big boost to the
antimicrobial plastics market. - The key players of this market include, BioCote,
Microban, Bayer Material Sciences, Clariant AG,
Parx Plastics, BASF SE, Ticona Engineering
Polymers and DuPont. - Get a Sample Copy of the Report _at_
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4 Our Approach
Market Summary
- For the purpose of this report, Reports and Data
has segmented the Antimicrobial Plastics market
on the basis of type, application, and region - Type (Revenue, USD Million 20162026)
- Engineering Plastics
- High Performance Plastics
- Commodity Plastics
- Application (Revenue, USD Million 20162026)
- Packaging
- Automotive
- Consumer good
- Healthcare
- Building and Construction
- Water Management
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5 Our Approach
Market Summary
- Further key findings from the report suggest
- North America is the fastest growing sector due
to the technological advancements, continuous
research and development. The region is expected
to grow at a CAGR of 8.4. - Europe, like North America, due to the increased
awareness about hygiene, has been growing at a
CAGR of 8.2. Large investments for research and
development have been put to use in the above
mentioned regions. - The rising demand for hygienic products has
resulted in an increase in the demand for
antimicrobial plastics in several industries such
as packaging, automotive, building and
construction, consumer goods etc. - The versatility of application has made the
antimicrobial plastics market all the more
attractive. For instance, in the food safety
aspects, the condition of the food has improved
owing to this feature of preventing the adhesion
and proliferation of bacteria on food contact
surfaces antimicrobial plastics. This has reduced
the risks of outbreaks, reduced bad smell,
improved the freshness and ultimately improved
shelf life. - Similarly, with the rising acceptance of these
plastics several healthcare institutions have
started adopting antimicrobial plastic equipment
to reduce the risks of infection in hospitals. - Read More _at_ https//www.reportsanddata.com/report-
detail/antimicrobial-plastics-market
6 Our Approach
About Us
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