Antimicrobial Plastic Market to Reach CAGR of 8.7% – Forecast 2020

The report [151 pages] “Antimicrobial Plastic Market by Type (Commodity Plastic, Engineering Plastic, and High Performance Plastic) by Application (Healthcare, Packaging, Consumer Goods, Automotive, Construction, and Others) & by Region - Global Forecast to 2020”, defines and segments the antimicrobial plastic market and forecasts the market size, by value and volume. The antimicrobial plastic market size, in terms of value, is projected to reach USD 16.17 billion by 2020, at a CAGR of 8.7%, between 2015 and 2020.

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Premium Insights of the report:

• Significant Opportunities for Antimicrobial Plastic Market
• Antimicrobial Plastic Market to Grow at A High Rate
• Asia-Pacific Antimicrobial Plastic Market Scenario, By Country, and Type
• Antimicrobial Plastic Market Attractiveness, 2015-2020
• Antimicrobial Plastic Market, By Type
• Lifecycle Analysis, By Region

The dominance of packaging and healthcare applications is projected to continue be the same by 2020 due to the increasing demand for attractive and sophisticated product packaging from food & beverage and agricultural applications and growing population which in turn would demand healthcare products. This is also due to the growing young population in Asia-Pacific and South America coupled with their increasing plastic goods consumptions.

The Asia-Pacific region is projected to dominate the antimicrobial plastics market by 2020 and account for a major share of the total market in terms of volume. The developed regions, such as North America and Western Europe are estimated to have relatively slow growth rates as compared to the Asia-Pacific and RoW regions. Moreover, Asia-Pacific and RoW are expected to witness the high growth rate between 2015 and 2020. The market in these regions is experiencing increase in antimicrobial plastics consumption in packaging, healthcare, consumer goods, automotive, and construction applications.

The leading players in the market include the BASF SE (Germany), Bayer MaterialScience AG (Germany), The Dow Chemical Company (U.S.), Clariant AG (Switzerland), Lonza Group AG (Switzerland), Microban International (U.S.), Parx Plastic BV (The Netherlands), King Plastic Corporation (U.S.), Biocote (U.K.), Milliken Chemical (U.S.), Sanitized AG (Switzerland), and PolyOne Corporation (U.S.).

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