Global Antimicrobial Plastic Market to Observe Strong Development during the Forecast Period 2020-2025

The Antimicrobial Plastic Market is expected to experience positive response in upcoming years. In terms of value, the market is poised to mask a CAGR of 7.9% during the projected period. Further, the market was deliberate at USD 29.9 billion in 2018 and is anticipated to reach at a notable valuation by the end of projected period. The antimicrobial plastic is also known as polymeric biocides which have certain antimicrobial agents and additives such as, arsenic-based oxybisphenox arsine and organic-metallic biocides. Antimicrobial plastic helps in heat resistance, strength-to-weight ratio, and chemical stability. The major application of antimicrobial plastic is killing of microorganisms by inhibiting their growth in the packaged and commercial products. It has large number of applications in various industries such as automotive, healthcare, constructions, textiles, packaging and others.

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