India Antimicrobial Plastic Market Size & Outlook
India antimicrobial plastic market, 2019-2030 (US$M)
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India antimicrobial plastic market highlights
- The India antimicrobial plastic market generated a revenue of USD 3,714.5 million in 2022 and is expected to reach USD 7,523.4 million by 2030.
- The India market is expected to grow at a CAGR of 9.2% 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 3,714.5 million |
| Market revenue in 2030 | USD 7,523.4 million |
| Growth rate | 9.2% (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, India accounted for 9.1% 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 Asia Pacific, China antimicrobial plastic market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 7,523.4 million by 2030.
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Antimicrobial Plastic Market Scope
Antimicrobial Plastic Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 68.43% in 2022. Horizon Databook has segmented the India 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 market in India is expected to witness high growth owing to the increased government efforts to improve public health conditions. According to the National Investment Promotional & Facilitation Agency, as of 2020, India was one of the largest markets for medical devices in Asia with market size of USD 11 billion.
Increasing private participation in healthcare industry is expected to boost the demand for high-quality medical devices and components, which, in turn, is anticipated to augment the demand for antimicrobial plastics in the country over the forecast period.
Favorable government policies regarding improving domestic infrastructure are anticipated to have a positive outlook for construction industry.Several government initiatives such as “Make in India” campaign to attract new investments in automobile, energy, chemical.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the India antimicrobial plastic market , including forecasts for subscribers. This country databook contains high-level insights into India antimicrobial plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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India antimicrobial plastic market size, by product, 2019-2030 (US$M)
India Antimicrobial Plastic Market Outlook Share, 2022 & 2030 (US$M)
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