Global Antimicrobial Plastics Market 2021 is expected to register a CAGR of Growing rate%, during forecast period with Impact of Covid 19 Analysis

Antimicrobial

Global “Antimicrobial Plastics Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Antimicrobial Plastics in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Antimicrobial Plastics Market report categorizes the market based on manufacturers, regions, type, and application. Antimicrobial Plastics Market reports offer a detailed assessment of the Antimicrobial Plastics including enabling technologies, current market situation, market assumptions, restraining factors.

The Global Antimicrobial Plastics market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.

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The global antimicrobial plastics market is expected to register a moderate CAGR during the forecast period, 2018 to 2023. Europe region is estimated to be the fastest growing market owing to its rapid increase demand from the packaging and healthcare sectors. Healthcare segment is expected to be the fastest growing by end-user industry.

Replacement of Conventional Materials by Plastics in Various Applications

Plastics, owing to their superior material characteristics, such as heat resistance, strength-to-weight ratio, and chemical stability, are increasingly being used to replace traditional materials, including bronze, stainless steel, cast iron and ceramics, in various commercial and industrial sectors, including packaging, construction and automotive. The growing global consumer awareness regarding environment-protection and the resultant demand for fuel-efficient and lightweight vehicles have forced manufacturers in the automotive sector to reduce the overall weight of vehicles. This is primarily being done by replacing metal with engineering plastics as the major material for the production of automotive components and ancillaries, including electrical and systems, dashboard trims, bumpers, etc. Similarly, in the packaging sector, the demand for faster packaging processes and growing popularity of aesthetically-pleasing complex-shaped flexible packaging by end-users in the food & beverage industry have created considerable demand for adopting plastics in the place of conventional materials. In building & construction industry, for all the applications where translucent or transparent functions are required, the solution was glass. But it has its own drawbacks, such as fragileness, not easy to install, poor thermal efficiency, etc. Plastics are known for addressing all these disadvantages of glass. The two chief advantages of using plastic materials includes thermal insulation, and low expertise for the installation. Compared to glass, plastic materials can be extruded in various thicknesses to improve structural integrity and higher thermal efficiency. One of the prominent property of plastics when compared to other conventional materials is its ability to bend. The bending radius depends on the thickness of the panel. Impact or chip resistance, which plastic materials offer is very high when compared to the glass.

Healthcare – The Fastest Growing End-user Industry

Complex epidemiological situation, healthcare-associated infections (HAIs), microbial contamination, nosocomial infections, and infection risks in hospital and dental equipment have led to an ever-growing need for prevention of microbial infections in these areas. Preventive technologies form a vital component in the battle against several infections and antimicrobial solutions help to enhance infection prevention & control measures. Antimicrobial plastics offer various advantages over conventional materials in the healthcare industry such as: cleanliness, sterility, convenience, ease of use, and low cost. A growing need for recycling disposable medical products has created innumerable opportunities for the development of antimicrobial solutions. Antimicrobial plastics are used in dental surgeries, hospitals, care homes for products ranging from cubicle curtains, beds, nurse call systems, handrails, floors, door handles, pull cords, and case note holders. Antimicrobial plastics have been extensively used in manufacturing of medical devices such as tubing, connectors, syringes, and connectors, as well as the wide variety of molded parts. Thus, with the increasing healthcare-associated infections in healthcare industry, the usage of antimicrobial plastics is expected to rapidly rise in the forecast period.

Europe Region to Lead the Market

In Europe, Germany accounted for ~30% of the total passenger cars manufacturing and 20% of all new car registrations. Twenty-one of the world’s top 100 automotive suppliers are German companies. The growth in the automobile industry will positively affect the antimicrobial plastics market in the country. European government has approved EUR 10 billion, German Unity Transport Project 8 (VDE 8), to improve the transport connection between East and West, and between North and South. Germany witnessed a decline of about 7% in the new residential building permits in 2017. But with the growing demand for real estate, growing population, increased job security, and low borrowing costs, the change in trend is expected in the forecast period. The construction industry in France has recently gained the momentum after eight long years of decline. According to the French Builder’s Association FFB (Fédération Française du Bâtiment), the construction industry grew by over 1.5% in volume in the year 2017. Post BREXIT, the United Kingdom economy has witnessed a downturn due to depreciation of the pound against Euro and has affected all the markets. United Kingdom is the largest European market for high-end consumer electronics products with about 18,000 UK based electronics companies. The electronic production grew by approximately over 2.1% in 2017, and recorded a 3.7% growth in electronic output for export and 1.3% growth in output for the domestic market. Thus, with the increase in demand from construction, healthcare and electronics industry, the demand for antimicrobial plastics in Europe is expected to rapidly increase in forecast period.

Major Players: BASF SE, DowDuPont, Microban International, and Sanitized AG, amongst others.

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The global Antimicrobial Plastics market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.

Antimicrobial Plastics Market Report covers the Top Key-players in 2021:-

  • BASF SE
  • Bayer AG
  • Biocote (AkzoNobel N.V)
  • Clariant AG
  • DowDuPont
  • King Plastic Corporation
  • Lonza
  • Microban International
  • Milliken Chemical
  • PARX PLASTICS
  • PolyOne Corporation
  • SANITIZED AG

Highlighted points of Antimicrobial Plastics Market Size:

  • Covers the varying market dynamics of the industry.
  • In-depth analysis of market risks, opportunities, limitations, and growth of the market.
  • Includes market driving and restraining factors.
  • Participants profiles along with product description, overview, and business data.
  • Include details of five years of forecast analysis by types, regions, and applications.

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This Antimicrobial Plastics Market Research/analysis Report Contains Answers to your following Questions

  • Which Manufacturing Technology is Used for Antimicrobial Plastics? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Antimicrobial Plastics Market? What’s Their Company Profile, Their Product Information, Contact Information?
  • What Was Global Market Status of Antimicrobial Plastics Market? What Was Capacity, Production Value, Cost and PROFIT of Antimicrobial Plastics Market?
  • What Is Current Market Status of Antimicrobial Plastics Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Antimicrobial Plastics Market by Taking Applications and Types in Consideration?
  • What Are Projections of Global Antimicrobial Plastics Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
  • What Is Antimicrobial Plastics Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Antimicrobial Plastics Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Antimicrobial Plastics Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Antimicrobial Plastics Industry?

Key Developments in the Antimicrobial Plastics Market:

  • Major developments in 2017 covered in the report
  • And the latest major developments in 2018 covered in the report

    Reasons to Purchase this ReportTo understand the impact of end-user applications on the marketAnalyzing various perspectives of the market with the help of Porter’s five forces analysisTo understand the dominating technology in the marketCountries expected to witness the fastest growth during the forecast periodIdentify the latest developments, market shares, and strategies employed by the major market players3-month analyst support, along with the Market Estimate sheet in excel

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    Finally, the report Global Antimicrobial Plastics Market 2021 describes the Antimicrobial Plastics industry expansion game plan, the Antimicrobial Plastics industry knowledge supply, appendix, analysis findings, and the conclusion.

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