South Africa Antimicrobial Plastic Market Size & Outlook
South Africa antimicrobial plastic market, 2019-2030 (US$M)
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South Africa antimicrobial plastic market highlights
- The South Africa antimicrobial plastic market generated a revenue of USD 299.0 million in 2022 and is expected to reach USD 469.7 million by 2030.
- The South Africa market is expected to grow at a CAGR of 5.8% 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 299.0 million |
| Market revenue in 2030 | USD 469.7 million |
| Growth rate | 5.8% (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, South Africa accounted for 0.7% 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 Middle East & Africa, Gulf Cooperation Council antimicrobial plastic market is projected to lead the regional market in terms of revenue in 2030.
- Gulf Cooperation Council is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2,092.7 million by 2030.
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Antimicrobial Plastic Market Scope
Antimicrobial Plastic Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa 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 68.13% in 2022. Horizon Databook has segmented the South Africa 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 South Africa antimicrobial plastics market is likely to be driven by the rising product demand from healthcare industry. Market growth is projected to be positively influenced by the introduction of the government’s National Health Insurance (NHI) program.
which aims to provide all citizens with access to quality healthcare. In addition, increased government spending on healthcare and priority programs, as well as the extensive upgrades and development of hospital infrastructure, is expected to augment the demand for antimicrobial plastics over the forecast period.
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Target buyers of South Africa 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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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 South Africa antimicrobial plastic market , including forecasts for subscribers. This country databook contains high-level insights into South Africa antimicrobial plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa antimicrobial plastic market size, by product, 2019-2030 (US$M)
South Africa Antimicrobial Plastic Market Outlook Share, 2022 & 2030 (US$M)
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