Dublin, Feb. 13, 2024 (GLOBE NEWSWIRE) -- The "Antimicrobial Plastic Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type, By Additive, By End Use, By Region and Competition" report has been added to ResearchAndMarkets.com's offering.
A comprehensive analysis reveals exponential growth within the Global Antimicrobial Plastic Market, bolstered by advancements in healthcare technology and expanding applications across various end-use industries.
The latest market research publication presents an extensive review of the rapidly expanding Global Antimicrobial Plastic Market. With a forecast extending through 2028, the report examines crucial market segments, identifying significant trends and opportunities poised to reshape the industry landscape.
The in-depth analysis spotlights the market's impressive growth trajectory, steered predominately by the healthcare sector's accelerating demand for antimicrobial plastics. These innovative materials are increasingly embraced as replacements for traditional materials in the production of medical equipment, attributed to their superior properties like hygiene and cost-effectiveness.
The emergence of advanced antimicrobial solutions, such as the zwitterion polymer coating developed by researchers at the University of California Los Angeles, underscores the sector's continuous innovations to address healthcare-associated infections and related challenges.
Fueling Demand Beyond Healthcare
- Food and Beverage Packaging
- Textile Industry
- Construction Sector
The versatility of antimicrobial plastics is evident from their expanding utility in food and beverage packaging, the textile industry, and the construction sector. The food and beverage industry, in particular, has witnessed a surge in the adoption of antimicrobial plastic packaging solutions.
These materials extend shelf life and improve safety without relying on preservatives or additional processing. Innovations, such as the FDA-approved antimicrobial food packaging by Symphony Environmental Technologies and partnerships like that between Microban International and Panaria Group, are indicative of the industry's growth dynamics and its pivotal role in market expansion.
Commodity Plastics Take the Lead
Within the antimicrobial plastic types, commodity plastics have emerged as the leading segment, finding extensive application across diverse industries due to their high impact strength and moisture resistance. The acquisition of SteriTouch by Polygiene in 2022 is demonstrative of the market's competitive nature and the strategic moves by key players to solidify their standing in the industry.
Competitive landscape
Company Profiles: Detailed analysis of the major companies present in Global Antimicrobial Plastic market.
- BASF SE
- Parx Materials N.V.
- Microban International, Ltd.
- King Plastic Corporation
- Palram Industries Ltd.
- RTP Company, Inc.
- Sanitized AG
- BioCote Ltd.
- Milliken & Company
- Avient Corporation
Report Scope:
Antimicrobial Plastic Market, By Type:
- Commodity Plastics
- Engineering Plastics
- High-performance Plastics
- Others
Antimicrobial Plastic Market, By Additive:
- Inorganic
- Organic
Antimicrobial Plastic Market, By End Use:
- HealthCare
- Packaging
- Automotive
- Construction
- Food & Beverage
- Others
Antimicrobial Plastic Market, By Region:
- North America
- United States
- Mexico
- Canada
- Europe
- France
- Germany
- United Kingdom
- Spain
- Italy
- Asia-Pacific
- China
- India
- South Korea
- Japan
- Australia
- South America
- Brazil
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
For more information about this report visit https://www.researchandmarkets.com/r/rnm89k
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