The global antimicrobial textiles market size is projected to reach USD 13.89 million by 2027 on account of the increasing demand for hygiene worldwide. Antimicrobial agents are additives used on textile materials to prevent the growth of microorganisms on the fabric material. These agents can be introduced to the fabric via dyes and inks at the time of spinning or extrusion. The breeding and growth of microbes on the fabric depend upon the properties of the absorption of the fabric. A recent report by Fortune Business Insights, titled “Antimicrobial Textiles Market Size, Share & Industry Analysis, By Agents (Synthetic Organic Compounds, Bio-Based Compounds, Metal & Metallic Salts and Others), By Fabric (Cotton, Polyester, and Others), By Application (Home, Commercial, Medical, Apparel, Industrial, and Others) and Regional Forecast, 2020-2027,” offers a thorough analysis of the market. According to this report, the market value stood at USD 9.23 billion in 2019 and will rise at a CAGR of 5.3% between 2020 and 2027.
Market Drivers:
Increasing Awareness about Personal Cleanliness will Augment Growth
The healthcare industry is the largest consumer of this market with an increasing emphasis on personal and environmental hygiene. The increasing need to maintain high cleanliness standards especially in products such as bed and linens, dressings & bandages, curtains, surgical gowns, and others for the prevention of microbial growth is promoting the global antimicrobial textiles market growth. Furthermore, the booming sports industry and increasing preference for personal health, fitness, and cleanliness will increase demand for sports apparel, thereby creating lucrative growth opportunities for the market in the years to follow.
List of Packaged Substation Market Manufacturers include:
- The Dow Chemical Company
- DuPont
- Milliken & Company
- Sanitized AG
- PurThread Technologies, Inc.
- Trevira GmbH
- Biocote Limited
- UNITIKA LTD.
- BASF SE
- Microban International, Ltd.
- Herculite
- Other Players
Browse Detailed Research Insights with Table of Content: https://www.fortunebusinessinsights.com/antimicrobial-textiles-market-102307
Regional Segmentation:
North America to Continue Dominance Owing to Increasing Awareness About Personal Hygiene
Geographically, North America is holding the largest share in the market attributed to the increasing awareness among consumers regarding the spread of various infectious diseases and the importance of personal hygiene. Additionally, the presence of advanced medical and healthcare facilities, coupled with the ongoing advancement in biotechnology will result in the commercialization of new and improved products, thus helping this region continue dominating the market in the forecast period.
On the other side, the market in the Asia Pacific is likely to witness stable growth with revenue of USD 1,980.8 million generated in 2019. Growth of this region is attributed to the large scale demand from rising economies such as South Korea, India, and China with China emerging as the largest consumer of microbial fabrics.
Allied Market Research published a report, titled, "Antimicrobial Textiles Market by Fabric (Polyester, Polyamide, Cotton, and Others), Active Agent (Metal Salts, Synthetic Organic Compounds, and Bio-Based Agents), and Application (Medical Textiles, Home Textiles, Apparels, and Others): Global Opportunity Analysis and Industry Forecast 2020–2027.
" According to the report, the global antimicrobial textiles industry generated $10.0 billion in 2019, and is estimated to reach $18.2 billion by 2027, registering a CAGR of 7.4% from 2020 to 2027.Drivers, restraints, and opportunitiesRise in demand for antimicrobial medical textiles from the healthcare sector and surge in awareness regarding health and hygiene drive the growth of the global antimicrobial textiles market.
On the other hand, rise of the healthcare sector in emerging economies is expected to create new opportunities in the coming years.Request PDF Brochure: https://www.alliedmarketresearch.com/request-sample/8300Covid-19 ScenarioDemand for antimicrobial textiles increased during the pandemic as the medical staff and general public began adopting the best hygiene practices.Manufacturing activities and supply chain have been affected due to lockdown enforced by governments in the wake of the Covid-19 pandemic.
Scientists have been developing textiles that can kill nearly 99.99% of virus after a few minutes of exposure.The cotton segment to continue its lead position throughout the forecast periodBased on fabric, the cotton segment accounted for the largest market share, contributing to nearly half of the the global antimicrobial textiles market in 2019, and will continue its lead position throughout the forecast period.
This is attributed to increase in disposable income and awareness regarding antimicrobial home textiles from developing countries.Get Detailed COVID-19 Impact Analysis on the Antimicrobial Textiles Market: https://www.alliedmarketresearch.com/request-for-customization/8300?reqfor=covidThe medical textiles segment to maintain its dominant share by 2027Based on application, the medical textiles segment held the highest share in 2019, contributing to more than two-fifths of the global antimicrobial textiles market, and is estimated to maintain its dominant share by 2027.
The report also analyzes segments including apparels, home textiles, and others.North America to lead in terms of revenue by 2027Based on region, North America contributed to the highest share in 2019, accounting for more than one-third of the total share, and will continue to lead in terms of revenue by 2027.
