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US Antimicrobial Plastics Market Size was valued at USD 7.2 Billion in 2022. The antimicrobial plastics industry is projected to grow from USD 7.79 Billion in 2023 to USD 14.634 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.20%
The US Antimicrobial Plastics Market is influenced by a range of market factors that collectively contribute to its growth and dynamics. A significant driver is the increasing awareness and emphasis on hygiene and infection control, especially in sectors such as healthcare, packaging, and consumer goods. Antimicrobial plastics, infused with agents that inhibit the growth of bacteria and other microorganisms, have gained prominence as a solution to address hygiene concerns. The ongoing global health challenges, including the COVID-19 pandemic, have heightened the demand for antimicrobial plastics as a means to enhance safety and minimize the risk of surface-borne infections in the United States.
Moreover, the healthcare sector's role in driving the adoption of antimicrobial plastics is crucial. Medical devices, hospital surfaces, and packaging for pharmaceuticals are key applications where antimicrobial plastics are extensively used. The need for infection prevention in healthcare settings, combined with the ongoing advancements in medical technology, has led to a growing reliance on antimicrobial plastics to create safer environments for patients and healthcare professionals in the US market.
Technological advancements and innovations in antimicrobial plastic formulations contribute to market dynamics. Continuous research and development efforts aim to improve the effectiveness, durability, and versatility of antimicrobial agents embedded in plastics. Innovations also focus on expanding the range of plastics that can be rendered antimicrobial, allowing for broader applications across various industries. These advancements drive the evolution of antimicrobial plastics in the US market, making them more adaptable to diverse consumer needs and industry requirements.
Consumer preferences for products with enhanced hygiene features influence the antimicrobial plastics market. In the wake of increased health awareness, consumers seek products that offer additional protection against microbial contamination. This has led to the incorporation of antimicrobial plastics in everyday items such as household goods, kitchenware, and personal care items. The consumer-driven demand for products that contribute to a cleaner and safer environment contributes to the widespread adoption of antimicrobial plastics in the US.
Government regulations and standards related to public health and safety impact the antimicrobial plastics market. Regulatory agencies set guidelines and standards for the use of antimicrobial agents in plastics, ensuring their safety and efficacy. Compliance with these regulations is crucial for manufacturers to guarantee the quality and performance of antimicrobial plastics in various applications. The adherence to standards helps build consumer trust and confidence in the antimicrobial products available in the US market.
Market competition and industry collaborations are notable factors shaping the US Antimicrobial Plastics Market. The presence of both established and emerging players in the industry fosters a competitive landscape. Collaboration between antimicrobial plastic manufacturers, research institutions, and end-users contributes to the development of new formulations and applications. Partnerships within the industry supply chain also drive innovation and create synergies that benefit the overall growth of the antimicrobial plastics market.
Global economic conditions and trade dynamics impact the antimicrobial plastics market. As a globally traded commodity, factors such as international trade agreements, tariffs, and geopolitical events can influence the supply chain and market conditions for antimicrobial plastics in the US. Economic stability and trade policies play a role in determining the accessibility and cost competitiveness of antimicrobial plastic materials.
Challenges related to consumer perceptions, environmental sustainability, and potential microbial resistance are factors that the antimicrobial plastics industry addresses. Educating consumers about the benefits and limitations of antimicrobial plastics, ensuring environmentally responsible manufacturing processes, and addressing concerns related to microbial resistance are ongoing challenges. The industry's ability to transparently communicate and address these challenges contributes to the sustainable growth of the antimicrobial plastics market in the United States.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Growth Rate | 8.20% (2024-2032) |
US Antimicrobial Plastics Market Highlights:
US Antimicrobial Plastics Market Overview
US Antimicrobial Plastics Market Size was valued at USD 7.2 Billion in 2022. The antimicrobial plastics industry is projected to grow from USD 7.79 Billion in 2023 to USD 14.634 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.20% during the forecast period (2023 - 2032). The market is growing as a result of market drivers like rising spending power, fast urbanization, and increased demand from the packaging and healthcare sectors. The market for antimicrobial plastics is also driven by rising hygiene awareness, bettering lifestyles, and plastics replacing conventional materials.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Antimicrobial Plastics Market Trends
- Growing Demand from the Automobile Industry for the Product to Boost the Market Growth
The use of plastic and composite materials with antibacterial and self-cleaning qualities in car interiors may be crucial to maintaining occupant safety and health. In addition to creating nanoscale architectures, significant touch-point elements could be embedded with metal nanoparticles like copper, zinc oxide, silver, or titanium oxide. These nanoparticles could be used to destroy and fragment bacteria and virus particles entrenched in seat textiles and other surfaces. It's also possible that these materials are imbedded in the linings of seat covers, which are removable for cleaning. Furthermore, the goal of technology development at US manufacturers is to lower the number of germs on the outside surfaces and components of cars. Suppliers are developing paints and coatings using natural antibacterial polymers or silver particles. These elements will support the expansion of the US antimicrobial plastics market in the US automobile sector.
Medical devices require antimicrobial plastics because they stop bacteria from sticking to the surfaces of instruments, apparatus, and implants. These antimicrobial plastics prevent the growth of dangerous microorganisms that can cause illnesses, such as methicillin-resistant Staphylococcus aureus and carbapenem-resistant Enterobacteriaceae. Because of growing healthcare expenses and population expansion, emerging countries have a larger need to create hospitals and clinics. This is expected to increase demand in these areas for high-tech medical devices and equipment. For instance, the US GDP and National Health Expenditures (NHE) are expected to expand by 5.1% annually until 2030, according to the Centers for Medicare & Medicaid Services (CMS). Consequently, increasing use of antimicrobial polymers in medical devices is anticipated to boost the market expansion in the upcoming years. Thus, driving the antimicrobial plastics market revenue.
Antimicrobial Plastics Market Segment Insights
Antimicrobial Plastics Additive Insights
The US Antimicrobial Plastics market segmentation, based on additive includes Inorganic (Silver, Zinc, Copper) and Organic (ОВРА, Triclosan). The inorganic segment dominated the market mostly due to the country's growing use of additives containing silver. Incorporating silver ions, an appropriate inorganic antibacterial plastic component, into a variety of thermoplastic materials helps inhibit the growth of bacteria & fungus that flourish on different surfaces. Common inorganic elements like copper, silver, and zinc can be processed into antimicrobial polymers to provide packaging that is safe for consumers. In the next years, the market will expand at a faster rate due to consumers' increased preference for sanitary packaging.
Antimicrobial Plastics Type Insights
The US Antimicrobial Plastics market segmentation, based on type, includes Commodity Plastics (PP, PE, PVC, PS, PMMA, PET, PUR) and Engineering Plastics (ABS, PC, PA, POM, Others). The commodity plastics category generated the most income. Due of their affordable pricing and superior mechanical qualities, commodity plastics are the market leader. The polymer industry typically uses them, and they are composed of polypropylene, polyethylene, and polyvinyl chloride. The increasing use of plastics in packaging for products like electronics, medications, and food and drink is the main factor driving demand for common plastics.
Antimicrobial Plastics Application Insights
The US Antimicrobial Plastics market segmentation, based on application, includes Packaging, Medical & Healthcare, Automotive, Building & Construction, Consumer Goods, and Others. The medical & healthcare category generated the most income due to the healthcare industry's ongoing need and advantageous government regulations, and it might continue to grow steadily throughout the ensuing ten years. Antimicrobial additives, which come in a range of forms, protect medical equipment from hazardous microorganisms by stopping, stifling, and opposing their growth. This might potentially hinder the market's growth during the projected period.
Figure 1: US Antimicrobial Plastics Market, by Application, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Antimicrobial Plastics Country Insights
The US market is anticipated to grow significantly during the forecast period as a result of a rise in demand for non-residential building projects including hospitals, schools, and other institutions. The "Affordable Healthcare Act" was introduced in the US, which has spurred the construction of hospitals and other healthcare facilities. The construction industry's need for antimicrobial polymers is anticipated to rise in tandem with population growth, as more offices, industrial buildings, schools, and other institutions are built. Additionally, during the course of the forecast period, the National Infrastructural Protection Plan (NIPP), one of the government's supportive programs for domestic infrastructure development in the United States, is anticipated to propel market growth. Thus, this is anticipated to propel the expansion of the antimicrobial plastics market in the area. Furthermore, the need for antimicrobial plastic is anticipated to be driven by a robust production base of prominent cosmetics manufacturers in the United States, such as Unilever, Johnson & Johnson, and Procter & Gamble. Antimicrobial plastic is predicted to find more applications due to US government initiatives to reduce carbon footprint through the use of eco-friendly products over the forecast period.
Antimicrobial Plastics Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the antimicrobial plastics market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, antimicrobial plastics industry must offer cost-effective items.
Major players in the antimicrobial plastics market are attempting to increase market demand by investing in research and development operations includes DuPont De Nemours, Inc. (US), Microban International (US), BASF SE (Germany), Sanitized AG (Germany), Biocote Limited (UK), Avient Corporation (US), and King Plastic Corporation (US).
Key Companies in the antimicrobial plastics market include
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DuPont De Nemours, Inc. (US)
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BASF SE (Germany)
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Sanitized AG (Germany)
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Biocote Limited (UK)
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Avient Corporation (US)
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King Plastic Corporation (US)
Antimicrobial Plastics Industry Developments
August 2020: The United States business A. Schulman, which specializes in tailored plastic compounds, was purchased by LyondellBasell Industries N.V. The goal of the acquisition was to increase LyondellBasell's market penetration and product line in the worldwide plastics sector.
Antimicrobial Plastics Market Segmentation
Antimicrobial Plastics Additive Outlook
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Inorganic
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Silver
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Zinc
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Copper
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Organic
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ОВРА
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Triclosan
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Antimicrobial Plastics Type Outlook
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Commodity Plastics
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PP
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PE
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PVC
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PPMMA
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PET
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PUR
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Engineering Plastics
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ABS
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PC
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PA
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POM
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Others
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Antimicrobial Plastics Application Outlook
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Packaging
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Medical & Healthcare
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Automotive
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Building & Construction
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Consumer Goods
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Others
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