Global Antimicrobial Plastics Market Overview
The Antimicrobial Plastics Market Size was valued at USD 1.37 billion in 2023. The Antimicrobial Plastics industry is projected to grow from USD 1.45 Billion in 2024 to USD 2.15 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.05% during the forecast period (2024 - 2032). Growing awareness about the usage of antimicrobial plastics and growth in the textile company are the key market drivers enhancing market growth.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Antimicrobial Plastics Market Trends
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Growing demand for healthcare applications is driving the market growth
The rising number of advanced technologies drives Market CAGR for antimicrobial plastics. Antimicrobial plastics are increasingly used in the healthcare industry for medical devices, hospital equipment, and packaging. The need to prevent the spread of infections and cross-contamination has led to adoption of antimicrobial plastics in hospitals and other healthcare facilities. With the outbreak of COVID-19, the demand for antimicrobial plastics in the healthcare industry has surged significantly.
Additionally, the pandemic has raised awareness about the importance of hygiene and cleanliness in healthcare and other industries, such as food and beverage and consumer goods. It has led to increased demand for antimicrobial plastics in packaging, which helps to prevent the growth of bacteria and other microorganisms on surfaces and, thus, reduces the risk of infection.
The development of new and improved antimicrobial agents and techniques is driving the growth of the antimicrobial plastics market. For instance, the use of silver nanoparticles and copper ions as antimicrobial agents has been gaining popularity due to their effectiveness against various microorganisms. Additionally, researchers are exploring using nanotechnology and other advanced materials to create more effective antimicrobial plastics that are also environmentally sustainable. It has grown regularly over the past few years, driven by increasing demand from different industries, such as healthcare, packaging, and consumer goods.
For instance, the Antimicrobial Plastics Market is expected to continue rising over the coming years, driven by increasing demand from different end-use industries and technological advancements driving the revenue of the Antimicrobial Plastics market.
Antimicrobial Plastics Market Segment Insights
Antimicrobial Plastics Application Insights
The Antimicrobial Plastics Market segmentation, based on application, includes packaging, automotive, healthcare, and medical. The healthcare category generated the most income. These plastics manufacture medical devices, equipment, and surfaces in hospitals and clinics. Antimicrobial plastics help to prevent the spread of infections and diseases in healthcare settings.
Antimicrobial Plastics Additive Insights
The Antimicrobial Plastics Market segmentation, based on additives, includes silver, zinc, and oxybisphenoxarsine. Silver had generated the most income. It is effective against an immense spectrum of microorganisms and resistant to degradation over time.
Antimicrobial Plastics Type Insights
The Antimicrobial Plastics Market segmentation, based on type, includes commodity plastics, engineering plastics, and performance plastics. The commodity plastics segment dominated the market. Commodity plastics, such as polyethylene and polypropylene, are widely used in manufacturing antimicrobial plastics. These plastics are affordable, easy to produce, and can be used in various applications.
Figure 1: Antimicrobial Plastics Market, by Type, 2022 & 2032 (USD billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Antimicrobial Plastics Regional Insights
By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific antimicrobial plastics market will dominate due to the increasing demand for healthcare services and the growing use of packaged food and beverages. The healthcare industry is the largest user of antimicrobial plastics in the Asia Pacific. Hospitals and other healthcare facilities use these materials in various applications, including medical equipment, hospital furniture, and building materials. The packaging industry manufacturers use these materials to maintain hygiene and safety standards and extend the shelf life of their articles.
Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: ANTIMICROBIAL PLASTICS MARKET SHARE BY REGION 2022 (%)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe's Antimicrobial Plastics market accounts for the second-largest market share due to the high incidence of HAIs and the need for safe and hygienic food packaging. The healthcare industry is the largest user of antimicrobial plastics in Europe. Hospitals and other healthcare facilities use these materials in various applications, including medical devices, surgical instruments, and hospital furniture. Further, the German Antimicrobial Plastics market held the largest market share, and the UK Antimicrobial Plastics market was the fastest-growing market in the European region.
The North American Antimicrobial Plastics Market is expected to grow at a significant CAGR from 2023 to 2032. It is due to the high prevalence of healthcare-associated infections and the growing demand for packaged food and beverages. Moreover, China’s Antimicrobial Plastics market held the largest market share, and the Indian Antimicrobial Plastics market was the fastest-growing market in the Asia-Pacific region.
For instance, the Antimicrobial Plastics Market is growing rapidly, driven by the rising demand for these materials in various industries, including healthcare, packaging, and consumer goods.
Antimicrobial Plastics Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development to expand their product lines, which will help the Antimicrobial Plastics market grow even more. Market participants are also undertaking various strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Antimicrobial Plastics industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the global Antimicrobial Plastics industry to benefit clients and increase the market sector. The Antimicrobial Plastics industry has recently offered some of the most significant medical advantages. Major players in the Antimicrobial Plastics market, including BASF SE (Germany), Clariant AG (Switzerland), Lonza (Switzerland), PolyOne Corporation (US), Microban International Ltd. (US), PARX Plastics N.V (The Netherlands), King Plastic Corporation (US), BioCote Limited (UK), Sanitized AG (Switzerland), Americhem Inc (US), and others, are attempting to increase market demand by investing in research and development operations.
Microban International found in 1984 and incorporated in the US. It is the world's leading antimicrobial and odor control brand. Microban's extensive technology portfolio represents the world's biggest range of antimicrobial additives, offering a choice of both metal-based and metal-free chemistries. These solutions are utilized across various sectors, including automotive, consumer electronics, construction, food service, home appliances, packaging, and healthcare. In 2021, Microban International partnered with Sunbeam Products to manufacture antimicrobial knife handles to make the handles hygienic and bacteria-free.
LG Chem Ltd., often called LG Chemical, is in South Korea. It is a leading chemical company that provides various products like ethylene, propylene, derivatives, acrylic, and plasticizers. In 2021, LG Chem launched an antimicrobial plastic product called 'Biosafe,' made from polyolefin resin and featured an antimicrobial agent that helps prevent the growth of bacteria, fungi, and viruses. The product suits various applications, including medical devices, consumer electronics, and automotive components.
Key Companies in the Antimicrobial Plastics market include
Antimicrobial Plastics Industry Developments
In May 2023, BASF announced the launch of its new antimicrobial plastic, BASF Ecovio Biomaster. Ecovio Biomaster is a bio-based and biodegradable plastic that is also antimicrobial. It is designed for use in a variety of applications, including food packaging, medical devices, and personal care products.In June 2023, Solvay announced the expansion of its antimicrobial plastics portfolio with the launch of two new products, Sorona Antimicrobial and Hytrel Antimicrobial. Sorona Antimicrobial is a high-performance, sustainable polymer that is designed for use in a variety of applications, including food packaging, medical devices, and textiles. Hytrel Antimicrobial is a high-performance, flexible polymer that is designed for use in a variety of applications, including food packaging, medical devices, and automotive components.In July 2023, Microban International announced the launch of its new antimicrobial coating for plastics. The Microban Antimicrobial Coating for Plastics is designed to prevent the growth of bacteria, mold, and mildew on plastic surfaces. It is suitable for use in a variety of applications, including food packaging, medical devices, and toys.
In March 2021, Parx Materials announced an additive technology, Saniconcentrate. This technology produces antimicrobial plastics that can stop the growth of harmful bacteria and viruses.
In February 2021, Sanitized AG launched a new product, Sanitized Puretec. It's a non-leaching, metal-free, and particle-free antimicrobial solution for textiles to prevent the buildup of odor-causing bacteria. It has been tested through 40 washes using ASTM E3 162-18, which International Antimicrobial Council approved.
Antimicrobial Plastics Market Segmentation
Antimicrobial Plastics Additive Outlook
- Silver
- Zinc
- Oxybisphenoxarsine
Antimicrobial Plastics Type Outlook
- Commodity Plastics
- Engineering Plastics
- Performance Plastics
Antimicrobial Plastics Application Outlook
- Packaging
- Automotive
- Healthcare
- Medical
Antimicrobial Plastics Regional Outlook
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
- Rest of the World
- Middle East
- Africa
- Latin America
Report Attribute/Metric |
Details |
Market Size 2023 |
USD 1.37 billion |
Market Size 2024 |
USD 1.45 billion |
Market Size 2032 |
USD 2.15 billion |
Compound Annual Growth Rate (CAGR) |
5.05% (2024-2032) |
Base Year |
2023 |
Market Forecast Period |
2024-2032 |
Historical Data |
2019- 2021 |
Market Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Additive, Type, Application, and Region |
Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
Countries Covered |
The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled |
ย General Mills Inc., Amway, Conagra Brands Inc., Cargill Incorporated, Abbott Laboratories, Kraft Foods Group Inc., The Coca-Cola Company, PepsiCo Inc., Atkins Nutritionals Inc., and Brunswick Corporation |
Key Market Opportunities |
Obesity in children, healthier and more balanced diets |
Key Market Dynamics |
Increase in health difficulties and worries, leading to costly operations |
Antimicrobial Plastics Market Highlights:
Frequently Asked Questions (FAQ) :
The Antimicrobial Plastics Market size was valued at USD 1.37 Billion in 2023.
The global market is projected to grow at a CAGR of 5.05% during the forecast period, 2024-2032.
Asia-Pacific had the largest share of the global market.
The key players in the market are BASF SE (Germany), Clariant AG (Switzerland), Lonza (Switzerland), PolyOne Corporation (US), Microban International Ltd. (US), PARX Plastics N.V (The Netherlands), King Plastic Corporation (US), BioCote Limited (UK), Sanitized AG (Switzerland) and Americhem Inc (US).
The silver Antimicrobial Plastics category dominated the market in 2023.
The commodity plastics had the largest share in the global market.x`
Healthcare had the largest share of the global market.