Antimicrobial Plastics Market Analysis

End-user (Healthcare, Packaging, Consumer Goods, Sports & Leisure)

The global antimicrobial plastics market is segmented and analyzed for demand and supply by end-user into healthcare, packaging, consumer goods, sports & leisure, and others. Out of these, the healthcare segment is anticipated to hold the largest share by the end of 2037. The growth of the healthcare segment during the forecast period is on the back of the growing health infrastructure, followed by the increasing occurrences of cardiovascular diseases, and rising aging population across the world which is leading the demand for various types of medical devices. Furthermore, a sudden rise in epidemic outbreaks such as COVID-19, H5N1 Avian influenza, and H1N1 Swine flu which demand intensive care and significant effectiveness in medical devices against microbial growth is also a major factor to increase the growth of the segment over the forecast period. As per the data provided by the World Health Organization (WHO), as of August 2022, there had been 581.8 million confirmed COVID-19 cases and 6.4 million deaths worldwide.

Type (Commodity Plastics, Engineering Plastics, High-Performance Plastics)

The global antimicrobial plastics market is also segmented and analyzed for demand and supply by type commodity plastics, engineering plastics, high-performance plastics, and others. Amongst these segments, the commodity plastics segment is anticipated to hold the largest market revenue by the end of 2037. This growth can be attributed to its growing use in healthcare, consumer goods, packaging, and food & beverage industry. An increase in consumer awareness of personal hygiene and shifting consumer lifestyles around the world are two major factors driving product demand in these end-use industries. Antimicrobial plastics are known to have improved bio-compatibility, moisture resistivity, along with high impact strength which is also estimated to increase its demand in various end-user industry.

Our in-depth analysis of the global market includes the following segments: