GlobeNewswire
Global Antimicrobial Plastics Industry
ReportLinker
23 min read

Global Antimicrobial Plastics Market to Reach $48. 3 Billion by 2027. Amid the COVID-19 crisis, the global market for Antimicrobial Plastics estimated at US$31 Billion in the year 2020, is projected to reach a revised size of US$48.

New York, Aug. 20, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Antimicrobial Plastics Industry" - https://www.reportlinker.com/p05818075/?utm_source=GNW
3 Billion by 2027, growing at a CAGR of 6.6% over the analysis period 2020-2027. Commodity Plastics, one of the segments analyzed in the report, is projected to record a 6.5% CAGR and reach US$22.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Engineering Plastics segment is readjusted to a revised 7.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $8.4 Billion, While China is Forecast to Grow at 9.9% CAGR

The Antimicrobial Plastics market in the U.S. is estimated at US$8.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$10.4 Billion by the year 2027 trailing a CAGR of 9.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 5.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.

High Performance Plastics Segment to Record 5.9% CAGR

In the global High Performance Plastics segment, USA, Canada, Japan, China and Europe will drive the 5.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$5.1 Billion in the year 2020 will reach a projected size of US$7.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$6.6 Billion by the year 2027, while Latin America will expand at a 7% CAGR through the analysis period. We bring years of research experience to this 18th edition of our report. The 294-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,

  • Addmaster (UK) Limited

  • Agion

  • American Polyfilm, Inc.

  • Americhem, Inc.

  • BASF Corporation

  • Biocote Limited

  • Clariant International Ltd.

  • E. I. du Pont De Nemours and Company

  • Gelest, Inc.

  • Highland Plastics, Inc.

  • King Plastic Corporation

  • Lonza Group Ltd.

  • Microban International Ltd. (US)

  • Milliken Chemical

  • Parx Plastics N.V.

  • Plastics Color Corporation

  • Polychem Alloy, Inc.

  • PolyOne Corporation

  • Porex Corporation

  • RTP Company

  • Teknor Apex Company

  • Valtris Specialty Chemicals

Terms and Privacy Policy
Your Privacy Choices
Utah Privacy Notice
More Info

Recommended Stories