Antimicrobial Plastics Market Size

Antimicrobial Plastics Market size was over USD 47.4 billion in 2024 and is anticipated to cross USD 165.58 billion by 2037, growing at more than 10.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of antimicrobial plastics is estimated at USD 51.23 billion.The growth of the market is primarily attributed to its rapidly growing demand in applications i.e., medical, sports, and food and beverage packaging. As per a report published by the United States Environmental Protection Agency (EPA), the production of packaging and plastic containers reached about 14.5 million tons in 2018. Furthermore, the significant expansion in healthcare industry is another key aspect which is boosting the growth of the antimicrobial plastics over the projected time frame.

Since this plastic is less expensive than usual plastic, thus it is used in a wide range of applications. The COVID-19 outbreak has influenced the global economy as well as different industry verticals too. The ever-increasing patients’ population caused by the pandemic outbreak, and awareness regarding hygiene in people, are increasing the demand for various medical equipment. This is expected to escalate the demand for antimicrobial plastics in the healthcare sector. For instance, since the coronavirus (COVID-19) occurrence, approximately 885,000 more ventilators were needed worldwide in March 2020. Whereas, the United States had 77,000 ventilators short, while the five EU nations including Germany, France, Italy, and the United Kingdom were short of 76,000 ventilators. Additionally, the moisture resistance ability of antimicrobial plastic is a further factor which is fueling up the growth of the market over the forecast period.