Market revenue in 2022 | USD 6,193.6 million |
Market revenue in 2030 | USD 11,978.2 million |
Growth rate | 8.6% (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 |
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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 China antimicrobial plastic market based on commodity plastics, engineering plastics, high performance plastics covering the revenue growth of each sub-segment from 2019 to 2030.
China is expected to be one of the promising markets in the region on account of the government’s support to promote investments in manufacturing sector. For instance, Volkswagen increased its production capacity and launched SUV and electric mobility campaigns in China to strengthen its automotive business in the country.
Which is projected to fuel the demand for antimicrobial plastics in automobile & transportation industry. Moreover, rapid growth and industrialization along with the increasing average size of housing units in the country are projected to drive the market growth.
Horizon Databook provides a detailed overview of country-level data and insights on the China antimicrobial plastic market , including forecasts for subscribers. This country databook contains high-level insights into China antimicrobial plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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