September 07, 2020
According to the recent research report titled ‘Antimicrobial Textiles Market Size By Fabric, By Application, By Active Agents, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report, global antimicrobial textiles market is projected to record a significant growth during 2020-2026.
Growing healthcare expenditure globally, rising cognizance regarding health & hygiene, and surging demand for antimicrobial apparel & sportswear are the key factors driving the growth of global antimicrobial textiles market.
Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2640068/
For those uninitiated, antimicrobial agent kills microorganisms and hinders their growth. Textiles have large surface area and can retain moisture; therefore, they are known to support growth of microorganisms such as bacteria and fungi. They can be found everywhere and rapidly multiply depending on moisture, temperature levels, and nutrients.
Antibacterial textiles are generally used where both moisture and microbes are at play. These textile are used in a wide range of applications such as hygiene, medical devices, ventilation & air conditioning, sportwear, heating, thermal & mechanical protection, healthcare, filters & water purification systems, automotive textiles, and food packaging.
Speaking of fabric, global antimicrobial textiles market is divided into polyamide, polyester, cotton, and others. The cotton segment is projected to record a CAGR of 9.5% over the analysis period, as the material is widely in apparel industry for its durability and comfort.
Others fabric segment, which includes vinyl, acrylic, and rayon fabric, is likely to expand with a CAGR of 8% over the forecast timespan. The growth in technical and commercial textile industry will propel the expansion of this segment.
Based on application spectrum, the industry is bifurcated into healthcare, home textiles, apparel, and others. Surging demand for odorless and durable textiles is anticipated to support the growth of apparel segment, which was worth USD 2971.8 million in the year 2019 and is expected to showcase a decent growth in the forthcoming years.
The others segment includes commercial, industrial, and automotive fabrics. Antimicrobial textiles market share from others segment is expected to register 8% CAGR over the study period. Booming commercial space development projects throughout the globe is likely to have a positive impact on the segmental growth.
Elaborating on active agents, the market is segmented into metal & metallic salts, biobased agents, and synthetic organic compounds. As per the report, metal & metallic salts segment is anticipated to record a CAGR of 9.5% over the assessment period, owing to their exceptional antimicrobial properties and development of new textiles utilizing metal agents.
From a regional perspective, antimicrobial textiles market in Latin America is projected to expand with a CAGR of 7% over the analysis period. The regional growth is attributable to rising cognizance regarding hygiene along with positive outlook for the apparel industry.
Major players in global antimicrobial textiles market are Lifethreads LLC, PurThread Technologies Inc., TOYOBO Inc., Trevira GmbH, Thai Acrylic Fiber Co. Ltd., Suzhou Chunsheng Environmental Protection Fiber Co. Ltd., MITI Spa (STARTEX silver technology), Smartfiber AG, Sinterama S.p.A., Milliken & Company, MediTEX Technology, Kolon Industries Inc., INNOVA TEX, Unitika Limited, and Herculite Products Inc.