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U.S.Antimicrobial Plastics Market is Expected to Reach USD 1,227.4 million by 2020

U.S.A. antimicrobial plastics market was valued at USD 662.3 million in 2013 and is anticipated to reach USD 1,227.4 million by 2020, expanding at a CAGR of 9.3%

U.S.A. antimicrobial plastics market was valued at USD 662.3 million in 2013 and is anticipated to reach USD 1,227.4 million by 2020, expanding at a CAGR of 9.3%

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Transparency <strong>Market</strong><br />

Research<br />

U.S. <strong>Antimicrobial</strong> <strong>Plastics</strong> <strong>Market</strong> for Electronic &<br />

Consumer Appliances, Packaging, Au<strong>to</strong>motive,<br />

Building & Construction, Healthcare - Industry<br />

Analys<strong>is</strong>, Size, Share, Growth, Trends and Forecast<br />

2014 - <strong>2020</strong><br />

Publ<strong>is</strong>hed Date<br />

08-July-2014<br />

76 Page Report<br />

Buy Now<br />

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Press Release<br />

U.S. <strong>Antimicrobial</strong> <strong>Plastics</strong> <strong>Market</strong> <strong>is</strong> <strong>Expected</strong> <strong>to</strong> <strong>Reach</strong> <strong>USD</strong><br />

1,<strong>227.4</strong> <strong>million</strong> <strong>by</strong> <strong>2020</strong><br />

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Albany, NY 12207<br />

United States<br />

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<strong>Antimicrobial</strong> <strong>Plastics</strong> <strong>Market</strong><br />

REPORT DESCRIPTION<br />

<strong>Antimicrobial</strong> <strong>Plastics</strong> <strong>Market</strong> - Industry Analys<strong>is</strong>, Size, Share, Growth, Trends and Forecast 2014 –<br />

<strong>2020</strong><br />

Transparency <strong>Market</strong> Research (www.transparencymarketresearch.com) has publ<strong>is</strong>hed a new<br />

market report titled “<strong>Antimicrobial</strong> <strong>Plastics</strong> <strong>Market</strong> for Electronic & Consumer Appliances, Personal<br />

Care, Packaging, Au<strong>to</strong>motive, Building & Construction, Healthcare and Other Applications – U.S.<br />

Industry Analys<strong>is</strong>, Size, Share, Growth, Trends and Forecast, 2014 – <strong>2020</strong>”. According <strong>to</strong> the<br />

report, the U.S. antimicrobial plastics market was valued at <strong>USD</strong> 662.3 <strong>million</strong> in 2013 and <strong>is</strong><br />

anticipated <strong>to</strong> reach <strong>USD</strong> 1,<strong>227.4</strong> <strong>million</strong> <strong>by</strong> <strong>2020</strong>, expanding at a CAGR of 9.3% during the<br />

forecast period from 2014 <strong>to</strong> <strong>2020</strong>. In terms of volume, the antimicrobial plastics market in the<br />

U.S. s<strong>to</strong>od at 100,062.1 <strong>to</strong>ns in 2013.<br />

Get PDF Brochure for more Professional and Technical insights :<br />

http://www.transparencymarketresearch.com/sample/sample.php?<br />

flag=B&rep_id=2564<br />

<strong>Antimicrobial</strong> plastics help reduce deterioration and increase the lifespan of medical products.<br />

Thus, growth in the medical devices market in the U.S. <strong>is</strong> likely <strong>to</strong> be one of the primary fac<strong>to</strong>rs<br />

driving demand for antimicrobial plastics in the country over the next few years. Furthermore,<br />

high rate of hospital-acquired infections <strong>is</strong> projected <strong>to</strong> boost market growth. R<strong>is</strong>ing demand for<br />

antimicrobial plastics in packaging and subsequent growth of the packaging market in the U.S. <strong>is</strong><br />

estimated <strong>to</strong> fuel market growth.<br />

However, volatility in prices of raw materials <strong>is</strong> expected <strong>to</strong> hamper antimicrobial plastic market<br />

growth, as it adversely affects profit margins of manufacturers and increases the overall costs of<br />

the already-expensive plastics. Product innovation, an area of focus of several manufacturers, <strong>is</strong><br />

anticipated <strong>to</strong> open up new opportunities for market growth.<br />

Healthcare was the largest application segment, accounting for approximately 44% of the market<br />

share in 2013. Additionally, it <strong>is</strong> estimated <strong>to</strong> be the fastest growing segment during the forecast<br />

period, led <strong>by</strong> r<strong>is</strong>ing demand for antimicrobial solutions in the medical devices market.<br />

Furthermore, higher number of patients with hospital-acquired infections <strong>is</strong> projected <strong>to</strong> augment<br />

Transparency <strong>Market</strong> Research<br />

2


<strong>Antimicrobial</strong> <strong>Plastics</strong> <strong>Market</strong><br />

demand for antimicrobial plastics. Packaging and personal care segments are likely <strong>to</strong> witness<br />

above-average growth during the forecast period. Au<strong>to</strong>motive and building & construction are<br />

niche market segments of the antimicrobial plastics market owing <strong>to</strong> the high cost of the plastics.<br />

Browse <strong>Market</strong> Research Report with ToC & Analys<strong>is</strong> :<br />

http://www.transparencymarketresearch.com/us-antimicrobial-plastics-market.html<br />

The antimicrobial plastics market <strong>is</strong> fragmented in nature due <strong>to</strong> the presence of a number of<br />

manufacturers. Additionally, there <strong>is</strong> a low threat of backward or forward integration of<br />

antimicrobial plastic manufacturing companies in the market owing <strong>to</strong> the complex<br />

manufacturing and capital intensive nature of the market. Certain companies such as BASF and<br />

Bayer are integrated across two or more stages of the antimicrobial plastics market. Key players<br />

in the market include The Dow Chemical Company, Lonza, BASF, AkzoNobel, Bayer, DuPont and<br />

Sherwin-Williams. Product innovation and development of cheaper antimicrobial solutions are the<br />

points of focus of the manufacturers. <strong>Market</strong> share of these companies <strong>is</strong> estimated <strong>to</strong> decrease<br />

in the next few years due <strong>to</strong> increasing demand for antimicrobial plastics.<br />

The report segments the U.S. antimicrobial plastics market as follows:<br />

U.S. <strong>Antimicrobial</strong> <strong>Plastics</strong> <strong>Market</strong> – Application Analys<strong>is</strong><br />

• Electronic & consumer appliances<br />

• Personal care<br />

• Packaging<br />

• Au<strong>to</strong>motive<br />

• Building & construction<br />

• Healthcare<br />

• Others (Includes sportswear, waste bins, etc.)<br />

Transparency <strong>Market</strong> Research<br />

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<strong>Antimicrobial</strong> <strong>Plastics</strong> <strong>Market</strong><br />

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