Asia Pacific Antimicrobial Plastic Market Size & Outlook
Asia Pacific antimicrobial plastic market, 2019-2030 (US$M)
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Asia Pacific antimicrobial plastic market highlights
- The Asia Pacific antimicrobial plastic market generated a revenue of USD 16,136.0 million in 2022.
- The market is expected to grow at a CAGR of 8.6% 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.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 16,136.0 million |
| Market revenue in 2030 | USD 31,152.8 million |
| Growth rate | 8.6% (CAGR from 2022 to 2030) |
| Largest segment | Commodity plastics |
| Fastest growing segment | Engineering Plastics |
| Historical data covered | 2019 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Asia Pacific region accounted for 39.7% of the global antimicrobial plastic market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 31,152.8 million by 2030.
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Antimicrobial Plastic Market Scope
Antimicrobial Plastic Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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 68.09% in 2022. Horizon Databook has segmented the Asia Pacific 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 Asia Pacific antimicrobial plastics market is driven by the growth of major end-use industries such as automotive & transportation, healthcare, building & construction, food & beverage, and packaging.
Robust manufacturing base of automotive & transportation industry in China, Japan, and India coupled with increased sales of passenger vehicles is anticipated to augment the growth of antimicrobial plastics market in the region in the near future.
In addition, favorable policies such as foreign direct investments (FDI) and Make in India implemented by the government of India are expected to create ample growth opportunities for automobile & transportation industry.
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Target buyers of Asia Pacific antimicrobial plastic market databook
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Our clientele includes a mix of antimicrobial plastic market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific antimicrobial plastic market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific antimicrobial plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific antimicrobial plastic market size, by country, 2019-2030 (US$M)
Asia Pacific Antimicrobial Plastic Market Outlook Share, 2022 & 2030 (US$M)
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