Antimicrobial Plastics Market: Demand for Antimicrobial Plastic Packaging from Various End-Use Industries

Antimicrobial Plastics Market was valued at USD 29.5 Billion in 2022, and it is expected to reach USD 49.93 Billion by 2029, exhibiting a CAGR of 7.8 % during the forecast period (2023-2029)

Rising demand for antimicrobial plastics from different industries, including medical and packaging, as well as the capacity of SARS-CoV-2, the virus that causes COVID-19, to survive on plastic surfaces, drive the Antimicrobial Plastics market.

Although the products offered by the different companies are for similar applications such as building and construction, automotive and transportation, medical, packaging, and consumer goods, the main difference between the antimicrobial plastics is in the polymer to which the antimicrobial additives are added. The major companies offering antimicrobial plastics include BASF SE, Parx Materials NV, Ray Products Company Inc., Covestro AG, King Plastic Corporation, and Palram Industries Ltd., whereas the key providers of antimicrobial additives and technologies include Clariant AG, Sanitized AG, Dow Inc., and Lonza.

Expansions in manufacturing capacity and the launch of new products are two frequent methods employed by the key players in the antimicrobial plastics market, which are positively impacting the antimicrobial plastics market. Sanitized AG added a new solution with long-lasting antimicrobial protection to its current BroadTect line in February 2021.

Because antimicrobial plastics are created by treating polymers with antimicrobial compounds, their recyclability is extremely desirable due to expanding demand from numerous industries and rising environmental concerns. Investments in R&D, as well as the launch of innovative antimicrobial plastic goods, have been a crucial element affecting market companies' competitive advantage.To know about the Research Methodology :- Request Free Sample Report
Antimicrobial Plastics Market Dynamics
Ascending Product Demand in the Medical Devices Market to drive Antimicrobial Plastics Market Growth

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.

Furthermore, rising healthcare costs and a growing population in emerging nations are factors leading to an increased need for hospital and clinic construction. This is expected to drive demand for advanced medical devices and equipment in the Global Antimicrobial Plastics Market. Furthermore, various government initiatives to promote early disease diagnosis, such as the United Nations Task Force's cervical cancer prevention and control programme, increased adoption of home healthcare services, the establishment of long-term care centres, and favourable policies such as reimbursement coverage, are primarily influencing the growth of the diagnostic & monitoring segment positively, thereby driving demand for antimicrobial plastics.Antimicrobial plastic packaging is extensively used in the food and beverage sector because it is devoid of preservatives, requires little processing, and prevents the development of germs, hence extending the shelf life of perishable items. Rising consumer health awareness and the increasing demand for products with a longer shelf life have resulted in increased use of antimicrobial plastic packaging in recent years, and this trend is expected to continue in Antimicrobial Plastics Market during the forecast period. Antimicrobial plastic packaging is extensively used in the food and beverage sector because it is devoid of preservatives, requires little processing, and prevents the development of germs, hence extending the shelf life of perishable items.

Rising consumer health awareness and the increasing demand for products with a longer shelf life have resulted in increased use of antimicrobial plastic packaging in recent years, and this trend is expected to continue in Antimicrobial Plastics industry during the forecast period.

Antimicrobial plastic packaging is used in the food and beverage sector to restrict the growth of bacteria that contaminate food and beverage goods. Aside from the food and beverage industries, there is an increasing demand for antimicrobial plastic packaging in the healthcare industry, as hospitals have become a common breeding ground for bacteria, algae, and fungal growth, resulting in negative effects on plastic medical devices and, as a result, patients. Rising government activities for infectious illness prevention in countries such as the United States, China, and India are expected to enhance use of antimicrobial plastics packaging over the forecast period. In the packaging sector, several antimicrobial agents such as organic acids, bacteriocins, metal ions & oxidizers, essential oils, and enzymes are employed. As a result, increased demand for organic acids is expected to drive the antimicrobial plastics market.

Stringent Environmental Regulations to Restraint Antimicrobial Plastics Market Growth

One of the key developments in the healthcare business is the use of antimicrobial polymers in the manufacture of disposable hygiene items and medical equipment. Stringent regulations, such as the Biocidal Products Regulation (BPR) EU 528/2012 and the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA), have prompted antimicrobial plastic suppliers to introduce new compositions to meet the safe administration and anti-bacterial properties standards, which are expected to hamper the growth of the antimicrobial plastics market over the forecast period.

Antimicrobial products are regulated internationally to safeguard the environment and humans from potentially harmful compounds. Antimicrobials that have been incorporated into plastics might be deemed treated items. These articles have been treated with a biocidal substance but are not biocidal products, so they are exempt from many of the regulatory requirements associated with biocidal products and active substances for the approval and registration of antimicrobial additives, hamper the growth of the antimicrobial plastics industry.
Antimicrobial Plastics Market Segment Analysis
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.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.
Regional Insights
Over the forecast period, the North American construction sector is expected to develop significantly due to increased demand for non-residential building projects such as hospitals, schools, and institutions. In the United States, the introduction of the "Affordable Healthcare Act" has prompted the development of healthcare facilities and hospitals. Rising population is expected to drive demand for antimicrobial polymers in the construction industry by increasing the building of office spaces, industrial facilities, schools, and institutions.

Favorable government policies in the United States for domestic infrastructure development, such as the National Infrastructural Protection Plan (NIPP), are expected to drive market growth over the forecast period. Growth in the region's GDP and industrial production may be ascribed to growth in many industries such as building and construction, automotive and transportation, healthcare, packaging, food and beverage, textiles, consumer products, and others. This is expected to drive the growth of the region's antimicrobial plastics market over the forecast period.

A strong manufacturing base of major cosmetics manufacturers in the United States, including Unilever, Johnson & Johnson, and Procter & Gamble, is likely to drive demand for antimicrobial plastic flexible packaging in the personal care market. Over the forecast period, the US government's initiatives to minimise carbon footprint by deploying eco-friendly products are expected to broaden the application scope of antimicrobial polymers in plastic flexible packaging.Europe is one of the top automobile manufacturers and is likely to maintain its dominance in the sector during the forecast period. The rising demand for electric and hybrid vehicles, as well as the presence of major automotive manufacturers in the region such as AUDI AG, BMW AG, Mercedes-Benz AG, JAGUAR LAND ROVER LIMITED, ASTON MARTIN, Volkswagen, Volvo Car Corporation, FCA Italy S.p.A., Ferrari S.p.A., Automobili Lamborghini S.p.A., and Porsche Austria GmbH & Co., is expected to result in industry expansion, driving demand for antimicrobial plastic

The rise of major end-use sectors such as automotive and transportation, healthcare, building and construction, food and beverage, and packaging is driving the Asia Pacific antimicrobial plastics market. The region's robust automotive and transportation manufacturing bases, together with growing passenger car sales, are expected to drive the expansion of the antimicrobial plastics market in the near future. Furthermore, favourable policies implemented by the government of India, such as foreign direct investments (FDI) and Make in India, are expected to create ample growth opportunities for the automobile and transportation industries, which, in turn, are expected to increase the consumption of antimicrobial plastics in automobile and transportation applications.
Antimicrobial Plastics Market Scope: Inquire before buying



Antimicrobial Plastics Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US $ 29.5 Bn.


Forecast Period 2023 to 2029 CAGR:
7.8%
Market Size in 2029:
US $ 49.93 Bn.


 Segments Covered:
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


by Application
1. Building & Construction
2. Automotive & Transportation
3.Healthcare
4. Packaging
5. Food & Beverage
6. Textile
7. Consumer Goods
8. Others


by Additive
1. Inorganic
1.2 Silver
1.3 Zinc
1.4 Copper
2.Organic
2.1OBPA
2.2 Triclosan



Antimicrobial Plastics Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Leading Manufacturers in the Antimicrobial Plastics Market are:
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)

Frequently Asked Questions:

1] What are different types of Antimicrobial Plastics?
Ans. Commodity Plastics, Engineering Plastics, and High-performance Plastics are the main types of Antimicrobial Plastics.

2] What are the dominant factors driving the growth of the Antimicrobial Plastics Market?
Ans. Ascending product demand in the medical devices market and rising demand for antimicrobial plastic packaging from various end-use industries are the dominant factors driving the growth of the Antimicrobial Plastics Market.

3] Which are the major countries estimated to fuel the growth of the Antimicrobial Plastics Market?
Ans. The Antimicrobial Plastics Market is estimated to grow the fastest in USA, UK, the Netherlands, Germany and Switzerland.

4] What is the estimated market size of the Antimicrobial Plastics Market?
Ans. The estimated market size of the Antimicrobial Plastics Market is USD 49.93 Bn. by 2029.