The Global Antimicrobial Plastics Market size was valued at USD 26,981 Million in 2021 and is expected to reach USD 51,468 Million by 2030 with a considerable CAGR of 7.6% during the forecast timeframe from 2022 to 2030.

An antimicrobial plastic is a synthetic plastic substance that contains an active component that inhibits the growth of germs. They primarily prevent the plastic protective surface and maintain a hygienic environment. Antimicrobial compounds have been proven to extend the operational longevity of plastics. Once integrated into the compounds, they will attempt to limit microbial contamination, which may cause the plastic to degrade faster. This means that an antibacterial plastic solution is more durable, making it easier to harvest if abandoned carelessly. However, due to its increased use in manufacturing and consumer products, the need for the antimicrobial plastic market is expected to skyrocket in the future years. These plastics are also becoming increasingly accepted as a substitute for existing materials in medical devices such as ventilators and anesthetic equipment.

Global Antimicrobial Plastics Market Dynamics

Drivers

• Consumer hygiene awareness has grown
• Increasing incidents of infectious diseases
• Growing adoption in the food and beverages sector
• Increasing use of medical equipment

Restraints

• Strict environmental regulations
• Price volatility in raw materials

Opportunity

• Increasing adoption in the textile industry
• Growing awareness about plastic pollution

Report Coverage

Market	Antimicrobial Plastics Market
Market Size 2021	USD 26,981 Million
Market Forecast 2030	USD 51,468 Million
CAGR During 2022 - 2030	7.6%
Analysis Period	2018 - 2030
Base Year	2021
Forecast Data	2022 - 2030
Segments Covered	By Product, By End-Use, And By Geography
Regional Scope	North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled	BASF SE, Milliken Chemical, Clariant AG, Bayer MaterialScience AG, King Plastic Corporation, Dow Chemical Company, Ray Products Company Inc., Covestro AG, Parx Materials N.V, Palram Industries Ltd., Lonza, and Sanitized AG.
Report Coverage	Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
Customization Scope	10 hrs of free customization and expert consultation

The replacement of traditional materials with antimicrobial polymers in numerous applications, as well as rapidly rising demand from the medical and food and beverage industries are the primary factors driving the antimicrobial plastic market size. Increased consumer hygiene consciousness as a result of the COVID-19 communicable illness in 2020 is expected to drive demand for antimicrobial plastics during the projected timeline. In the food and beverage industries, rising chronic illness prevalence is driving up the adoption of antimicrobial polymers as a packaging solution. Due to their virus or bacteria inhibiting characteristics, antimicrobial plastics are increasingly being used as an alternative for existing materials in the healthcare industry for the production of various surgical instruments such as anesthetic machines and ventilators, which is dramatically driving the demand for antimicrobial plastics market revenue throughout the healthcare industry. Antimicrobial plastics have strong moisture resistance and hinder the growth of diseases such as germs, algae, and bacteria. This is one of the key reasons for its increased use in the food and beverage industries. However, severe environmental regulations and rising pollution are expected to impede industrial growth.

Antimicrobial Plastics Market Segmentation

The global antimicrobial plastics market segmentation based on the product, end-use and geographical region.

Market by Product

Commodity Plastics

• Polyethylene (PE)
• Polyvinyl Chloride (PVC)
• Polypropylene (PP)
• Polystyrene (PS)
• Polyethylene Terephthalate (PET)
• Acrylonitrile Butadiene Systems (ABS)

Engineering Plastics

• Polycarbonate (PC)
• Polyamide (PA)
• Thermoplastic polyurethane (TPU)
• Others

High Performance Plastics

Based on the product, the commodity plastic segment accounted for the majority of the market share in 2021. These plastics are utilized in a large number of applications, including textile, garbage cans, packaging film, hygiene products, and others. Due to their high impact power, biocompatibility, chemical resistance, moisture tolerance, and a wide range of applications in various end-use applications, polyethylene, and polypropylene antimicrobial polymers are major contributors to driving commodity plastic demand. The growing use of these plastic products in the processing industry, as well as other end-use markets with a variety of applications, such as photographic, packaging, electronics, and medical products, as well as an increase in consumer product demand, are driving the growth of the commodity plastics segment. However, increased environmental worries about plastic waste, as well as government participation in the use of plastics for packaging, are expected to stymie commodity plastics' future growth over the forecast period.

Market by End-Use

• Building & Construction
• Healthcare
• Automotive & transportation
• Packaging
• Textile
• Food & Beverage
• Consumer Goods
• Others

Based on end-use, the healthcare segment is expected to hold a significant position in the coming years. Antimicrobial plastics are rapidly being employed in a variety of industries. New trends have resulted in a difficult and dynamic evolution that includes stringent standards, higher demand for consumer goods, government limitations, new additives, broader range of everyday products, varied environmental trends, and specific solutions. Different industrial sectors are looking for effective materials that meet particularly specific needs such as reliability, increased lifespan, aesthetics, undesirable odor reduction, and sometimes just marketing considerations.

However, the rising frequency of many chronic and infectious diseases, a rapidly growing population, and an increase in hospital admissions are the primary factors driving global demand for medical equipment. The increased inclination for home treatment is driving the consumption of different intensive care medical equipment, which is projected to transform the industry for antimicrobial plastics in the healthcare sector due to lower prices compared to hospital settings.

Antimicrobial Plastics Market Regional Overview