Germany Antimicrobial Plastic Market Size & Outlook
Germany antimicrobial plastic market, 2019-2030 (US$M)
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Germany antimicrobial plastic market highlights
- The Germany antimicrobial plastic market generated a revenue of USD 2,174.8 million in 2022 and is expected to reach USD 3,932.0 million by 2030.
- The Germany market is expected to grow at a CAGR of 7.7% 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 2,174.8 million |
| Market revenue in 2030 | USD 3,932.0 million |
| Growth rate | 7.7% (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, Germany accounted for 5.4% 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 Europe, Germany antimicrobial plastic market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 1,845.5 million by 2030.
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Antimicrobial Plastic Market Scope
Antimicrobial Plastic Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 68.46% in 2022. Horizon Databook has segmented the Germany antimicrobial plastic market based on commodity plastics, engineering plastics, high performance plastics covering the revenue growth of each sub-segment from 2019 to 2030.
Automobile is one of the biggest industries in Germany and according to the Organisation Internationale des Constructeurs d'Automobiles (OICA), Germany produced over 4.0 million vehicles in 2019 including passenger and commercial vehicles. In addition, the country is a leading producer of passenger cars among all the member countries of the European Union.
The German automotive industry accounts for over 29% of the European automotive market share.These factors are expected to contribute to the growth of the antimicrobial plastics market over the forecast period.
The growth of antimicrobial plastics can be attributed to the considerable consumption in automotive industry and other sectors including construction, and electronics. Maintenance, repair, and overhaul (MRO) industry is a major driving factor for antimicrobial plastics market in Germany.
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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 Germany antimicrobial plastic market , including forecasts for subscribers. This country databook contains high-level insights into Germany antimicrobial plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Germany antimicrobial plastic market size, by product, 2019-2030 (US$M)
Germany Antimicrobial Plastic Market Outlook Share, 2022 & 2030 (US$M)
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