Argentina Antimicrobial Plastic Market Size & Outlook
Argentina antimicrobial plastic market, 2019-2030 (US$M)
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Argentina antimicrobial plastic market highlights
- The Argentina antimicrobial plastic market generated a revenue of USD 529.9 million in 2022 and is expected to reach USD 970.6 million by 2030.
- The Argentina market is expected to grow at a CAGR of 7.9% from 2023 to 2030.
- In terms of segment, commodity plastics was the largest revenue generating product in 2022.
- Engineering Plastics is the most lucrative product segment registering the fastest growth during the forecast period.
Antimicrobial plastic market data book summary
| Market revenue in 2022 | USD 529.9 million |
| Market revenue in 2030 | USD 970.6 million |
| Growth rate | 7.9% (CAGR from 2022 to 2030) |
| Largest segment | Commodity plastics |
| Fastest growing segment | Engineering Plastics |
| Historical data | 2019 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Commodity Plastics, Engineering Plastics, High Performance Plastics |
| Key market players worldwide | Basf SE, Covestro AG, Palram Industries (1990) Ltd, Clariant AG, Sanitized, Lonza Group Ltd, INEOS, Milliken & Company, Biocote, Microban International, DuPont de Nemours Inc, Miller Waste Mills, Parx Materials N.V., Ray Products, King Plastic Corporation |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.3% of the global antimicrobial plastic market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil antimicrobial plastic market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 3,012.2 million by 2030.
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Antimicrobial Plastic Market Scope
Antimicrobial Plastic Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina antimicrobial plastic market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to antimicrobial plastic market will help companies and investors design strategic landscapes.
Commodity plastics was the largest segment with a revenue share of 68.13% in 2022. Horizon Databook has segmented the Argentina antimicrobial plastic market based on commodity plastics, engineering plastics, high performance plastics covering the revenue growth of each sub-segment from 2019 to 2030.
The Argentina antimicrobial plastics market is majorly driven by the rising expenditure in healthcare industry in the country. Socioeconomic conditions of the population, advances in technology, and increasing public & private budgets and expenses in recent years are some of the major factors fueling the growth of healthcare industry in the country.
Medical equipment and devices in Argentina are majorly dominated by imports. According to the U.S. International Trade Administration, imports in medical devices have been estimated to account for around 75% of the total market.
with local manufacturing of medical devices representing about 25% of the market. This positive outlook of healthcare industry is expected to attract new investments in the country, thereby augmenting the demand for antimicrobial plastics over the forecast period.
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Our clientele includes a mix of antimicrobial plastic market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina antimicrobial plastic market , including forecasts for subscribers. This country databook contains high-level insights into Argentina antimicrobial plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina antimicrobial plastic market size, by product, 2019-2030 (US$M)
Argentina Antimicrobial Plastic Market Outlook Share, 2022 & 2030 (US$M)
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