Antimicrobial Textiles Market Size, Industry Share, Projected Impact of COVID-19 to 2026 | Major players covered are The Dow Chemical Company, DuPont, Sanitized AG, PurThread Technologies, Inc., BASF SE and more
The Global antimicrobial textiles market size is expected to reach USD 13.89 million by 2027 due to increasing demand for hygiene around the world. Antimicrobial agents are additives used on textile materials to prevent the growth of microorganisms on the textile material. These agents can be introduced into the fabric via dyes and inks at the time of spinning or extrusion. The reproduction and growth of microbes on the tissue depends on the absorption properties of the tissue. A recent report from Fortune Business Insights, titled Antimicrobial Textiles Market Size, Share and Industry Analysis, By Agents (Synthetic Organic Compounds, Bio-based Compounds, Metallic and 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 an in-depth market analysis. According to this report, the market value was USD 9.23 billion in 2019 and will increase at a CAGR of 5.3% between 2020 and 2027.
Impact of COVID-19 on the Antimicrobial Textile Industry:
The emergence of COVID-19 has crippled the world. We understand that this health crisis has had an unprecedented impact on businesses in all sectors. However, that too will pass. Growing support from governments and several companies can help fight this highly contagious disease. Some industries are struggling and others are thriving. Overall, almost all sectors are expected to be affected by the pandemic.
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What are the objectives of the report?
The report provides a detailed overview of the market and the factors driving, repelling, challenging and providing opportunities for the market during the forecast period. It also highlights major industry developments, current trends, and additional interesting information offered by the market.
The report also highlights the market segmentation table based on factors such as agents, fabric, application, and geography, and lists the names of the major segment. The report further examines the competitive landscape of the market, the list of vendors operating in the market and the significant strategies adopted by them to gain the lion’s share of the market. For more information on the report, visit the company’s website.
Increased awareness of personal cleanliness will increase growth
The healthcare industry is the largest consumer in this market with an increasing emphasis on personal and environmental hygiene. The growing need to maintain high standards of cleanliness, especially in products such as sheets and sheets, dressings and bandages, curtains, surgical gowns and the like, for the prevention of microbial growth, promotes the growth of global market for antimicrobial textiles. In addition, the boom in the sports industry and the growing preference for personal health, fitness and cleanliness will increase the demand for sportswear, thus creating lucrative growth opportunities for the market in the years to come. .
Browse the detailed research information with the table of contents: https://www.fortunebusinessinsights.com/antimicrobial-textiles-market-102307
Players invest in new products to gain traction during COVID19 pandemic
The competitive landscape of the market is consolidated in nature with BioCote Limited, Milliken & Company, BASF and Trevira GmbH holding significant market shares of antimicrobial textiles. Suppliers operating in this market are striving to attract more revenue in this time of the COVID19 pandemic by offering products that can fight and kill germs. Therefore, players are investing heavily in the development and manufacture of antimicrobial textile products.
The list of manufacturers includes:
- Dow chemical company
- Milliken & Company
- Sanitized AG
- PurThread Technologies, Inc.
- Trevira GmbH
- Biocote Limited
- UNITIKA LTD.
- BASF SE
- Microban International, Ltd.
- Other players
North America will continue to dominate due to growing awareness of personal hygiene
Geographically, North America holds the largest share of the market due to increasing consumer awareness of the spread of various infectious diseases and the importance of personal hygiene. In addition, the presence of advanced medical and healthcare facilities, coupled with the continued advancements in biotechnology, will lead to the commercialization of new and improved products, thus helping this region to continue to dominate the market during the period. forecast.
On the other hand, the Asia-Pacific region market is expected to experience stable growth with revenue of USD 1,980.8 million generated in 2019. Growth in this region is attributed to large-scale demand for emerging economies such as South Korea, India and China. with China emerging as the largest consumer of microbial tissue.
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Detailed table of contents:
- Scope of research
- Market segmentation
- Research methodology
- Definitions and assumptions
- Market dynamics
- Market factors
- Market constraints
- Market opportunities
- Key ideas
- Main emerging trends – for the main countries
- Key developments: Mergers, Acquisitions, Partnerships, etc.
- Latest technological advances
- Overview of the regulatory scenario
- Porters Five Forces Analysis
- Global Antimicrobial Textiles Market Analysis, Outlook and Forecast, by Agents, 2016-2027
- Main conclusions / Summary
- Global Antimicrobial Textiles Market Analysis, Outlook and Forecast – By Agents
- Synthetic organic compound
- Bio-based compounds
- Metallic and metallic salts
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The main industry developments of the market include:
January 2018 – High quality contract textile for the healthcare industry was presented by Trevira at the Building Healthcare Expo held in Dubai. The company offers a wide range of textile products with various applications in the healthcare industry.
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