Antimicrobial Plastics Market To witness Huge Expansion By 2030

0
165

Antimicrobial Plastics Industry

The global antimicrobial plastic market was valued at USD 37.87 billion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 7.8% from 2022 to 2030. Antimicrobial plastic is a synthetic polymer that contains an integrated antimicrobial additive, making it effective in inhibiting the growth of harmful microbes like algae, fungi, and mold. These microbes can degrade plastic and shorten its lifespan, so the use of antimicrobial plastics has increased significantly across various industries, such as food and beverage, packaging, and healthcare. These sectors are expected to drive the global market over the forecast period.

In the healthcare industry, antimicrobial plastics are being increasingly used as substitutes for conventional materials in the production of medical instruments, including ventilators and anesthesia machines. Their ability to inhibit the growth of pathogens like bacteria, fungi, and algae, coupled with their excellent moisture resistance, makes them ideal for medical applications. Additionally, antimicrobial plastics are gaining traction in the food and beverage industry as an effective solution for food packaging, as they help maintain hygiene and prevent microbial contamination.

Antimicrobial plastics are created by infusing the material with antimicrobial additives such as arsenic-based oxybisphenoxarsine (OBPA) and organometallic biocides. These additives provide long-lasting protection by preventing the growth of microbes that can degrade plastic, thereby extending the material’s functional life. The enhanced durability, rust-proof properties, odorlessness, and resistance to bacterial growth make antimicrobial plastics highly suitable for applications in medical devices, contributing to their growing demand in healthcare settings.

Gather more insights about the market drivers, restrains and growth of the Antimicrobial Plastics Market

Product Insights

Market Leadership of Commercial Plastics:

  • In 2021, commercial plastics dominated the antimicrobial plastic market, accounting for over 65.0% of global revenue.
  • The extensive use of commodity plastics in key applications such as consumer goods, packaging, food & beverage, and healthcare is expected to drive significant market growth during the forecast period.
  • This growth is primarily fueled by rising consumer awareness about personal hygiene and evolving lifestyles worldwide, which are boosting demand for antimicrobial plastics.

Key Drivers: Polypropylene and Polyethylene:

  • Polypropylene and polyethylene antimicrobial plastics are key contributors to the demand for commodity plastics.
  • These materials are in high demand due to their superior properties, including high impact strength, enhanced biocompatibility, chemical and moisture resistance, and their versatile applications across numerous end-use industries.

Impact of COVID-19 on Demand:

  • The global spread of COVID-19 has further increased the demand for antimicrobial plastics, particularly in consumer products.
  • As consumer buying behavior shifts towards products that are environmentally friendly, reliable, and promote health, antimicrobial plastics have gained popularity.
  • This change in consumer preferences, coupled with structural shifts in the consumer products industry, is expected to lead to increased demand for consumer goods made from antimicrobial plastics over the forecast period.

Order a free sample PDF of the Antimicrobial Plastics Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com/

Follow Us: LinkedIn | Twitter

Site içinde arama yapın
Kategoriler
Read More
Other
Omega 3 Market Size, Share, Growth, Analysis Forecast to 2030
Omega 3 Industry Overview The global omega 3 market size was valued at USD 2.62 billion in 2023...
By Monica Jejurkar 2024-09-12 07:25:11 0 573
Shopping
Saint Laurent her eponymous line have achieved international acclaim
That certainly an underment. throughout the season has nailed the art of what fabulous style...
By Kenzie Robles 2024-09-30 07:45:55 0 484
Other
Casino Management System Market Recent Trends and Developments Analysis to 2030
The global casino management systems market size was valued at USD 7.16 billion in...
By Meerag Bhosekar 2024-10-10 08:35:45 0 384
Other
Flavors And Fragrances Market 2024 Trend, Marketing Channels and Investment Feasibility
Flavors And Fragrances Industry The global flavors and fragrances market size was estimated at...
By Raj Patil 2024-10-16 07:23:05 0 289
Shopping
Golden Goose whirlwind trip the her itinerary began the day
Adding a touch of flair to the waist grazing midriff baring ensemble was a clasp detail...
By Kenzie Robles 2024-09-28 12:27:19 0 436