Dynamic Research Reports Antimicrobial Plastic Market

Antimicrobial Plastic Market worth USD 16.17 Billion by 2020
The report "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", published by MarketsandMarkets, 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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The key driving factors of this market include the growing consumer awareness about
health-related infections owing to the increasing medical cases of nosocomial infections
and also the epidemic outbreaks of life threatening diseases such as H5N1 Avian influenza
and H1N1 Swine flu, in recent times. As a result, the consumer awareness pertaining to the
importance of antimicrobials in plastic is growing at a rapid pace. The market is restrained,
due to various factors, such as volatility in raw material process, which increases the
overall cost of the existing products, majorly affecting the profit margins of the
manufacturers.
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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