Market Overview

Global Antimicrobial Plastics Market Outlook to 2023 - Replacement of Conventional Materials by Plastics in Various Applications - ResearchAndMarkets.com

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The "Global
Antimicrobial Plastics Market - Segmented by Type, End-user Industry,
and Geography - Growth, Trends, and Forecast (2018 - 2023)"

report has been added to ResearchAndMarkets.com's
offering.

The global antimicrobial plastics market is expected to register a
moderate CAGR during the forecast period, 2018 to 2023.

Replacement of Conventional Materials by Plastics in Various
Applications

Plastics, owing to their superior material characteristics, such as heat
resistance, strength-to-weight ratio, and chemical stability, are
increasingly being used to replace traditional materials, including
bronze, stainless steel, cast iron and ceramics, in various commercial
and industrial sectors, including packaging, construction and automotive.

The growing global consumer awareness regarding environment-protection
and the resultant demand for fuel-efficient and lightweight vehicles
have forced manufacturers in the automotive sector to reduce the overall
weight of vehicles. This is primarily being done by replacing metal with
engineering plastics as the major material for the production of
automotive components and ancillaries, including electrical and systems,
dashboard trims, bumpers, etc.

Similarly, in the packaging sector, the demand for faster packaging
processes and growing popularity of aesthetically-pleasing
complex-shaped flexible packaging by end-users in the food & beverage
industry have created considerable demand for adopting plastics in the
place of conventional materials.

In building & construction industry, for all the applications where
translucent or transparent functions are required, the solution was
glass. But it has its own drawbacks, such as fragileness, not easy to
install, poor thermal efficiency, etc.

Other Key Highlights

  • Healthcare - The Fastest Growing End-user Industry
  • Europe to Lead the Market

Market Dynamics

Drivers

  • Replacement of Conventional Materials By Plastics in Various
    Applications
  • Rapidly Increasing Demand from the Healthcare & Packaging Sectors

Restraints

  • Stringent Environmental Regulations
  • Volatility in Prices of Raw Materials

Opportunities

  • Increasing Investments in R&D

Key Topics Covered

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Competitive Landscape

8. Company Profiles

  • BASF SE
  • Bayer AG
  • Biocote (AkzoNobel N.V)
  • Clariant AG
  • DowDuPont
  • King Plastic Corporation
  • Lonza
  • Microban International
  • Milliken Chemical
  • Parx Plastics
  • PolyOne Corporation
  • Sanitized AG

For more information about this report visit https://www.researchandmarkets.com/research/5bkr2q/global?w=4

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