Europe Antimicrobial Plastic Market Size & Outlook
Europe antimicrobial plastic market, 2019-2030 (US$M)
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Europe antimicrobial plastic market highlights
- The Europe antimicrobial plastic market generated a revenue of USD 8,583.6 million in 2022.
- The market is expected to grow at a CAGR of 7.4% 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, France is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 8,583.6 million |
| Market revenue in 2030 | USD 15,152.2 million |
| Growth rate | 7.4% (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, Europe region accounted for 21.1% 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 |
|---|
Europe 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 68.21% in 2022. Horizon Databook has segmented the Europe antimicrobial plastic market based on commodity plastics, engineering plastics, high performance plastics covering the revenue growth of each sub-segment from 2019 to 2030.
Europe is one of the leading manufacturers of automobiles and is expected to continue its dominance in the sector over the forecast period. The rising demand for electric and hybrid vehicles along with the presence of major automotive manufacturers in the region including AUDI AG, BMW AG, Mercedes-Benz AG.
European Commission has been encouraging FDI from Asian automobile manufacturers such as Honda and Toyota on account of electric vehicle technology, thus, further boosting the industry growth.
This is expected to increase the consumption of antimicrobial plastics in automobile end use industry over the forecast period.
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Target buyers of Europe 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 Europe antimicrobial plastic market , including forecasts for subscribers. This continent databook contains high-level insights into Europe antimicrobial plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Europe antimicrobial plastic market size, by country, 2019-2030 (US$M)
Europe Antimicrobial Plastic Market Outlook Share, 2022 & 2030 (US$M)
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