(PharmaNewsWire.Com, August 22, 2019 ) The report "Antimicrobial Textiles Market by Agent Treated Textiles (Synthetic Organic Compounds, Metal & Metallic Salts, Bio-based), Application (Commercial Textile, Apparel, Medical Textile, Home Textile, Others), and Region - Global Forecast to 2027", The antimicrobial textiles market is projected to reach USD 13.69 million by 2027, at a CAGR of 5.9% from 2018 to 2027. The antimicrobial textiles market is driven by the need for hygiene products to combat the increasing number of infections. The antimicrobial textiles market is witnessing high growth owing to technological advances, high demand in the Asia-Pacific region, and increasing end-use applications such as, medical textiles, and apparel.
“Medical Textile applications are the largest segment of the antimicrobial textiles market”
The medical textile segment accounts for the largest share in the global antimicrobial textiles market, and is expected to experience the fastest growth for the forecast period. The medical textile segment is projected to drive the antimicrobial textiles market due to the growing healthcare market, increasing consumer awareness in health and hygiene, and the increasing usage of antimicrobial textiles in medical products such as, surgical supplies, curtains, beddings, and upholstery items.
“Synthetic organic compound treated textile is estimated to be the largest segment in the antimicrobial agent treated textile market”
The antimicrobial textiles market is segmented on the basis of agents treated textiles into, synthetic organic compounds, metal & metallic salts, and bio-based textiles. Each of these agent treated textile is further classified into subsegments. Synthetic organic compound treated textiles is estimated to be the largest segment in the antimicrobial textiles market as a result of its antimicrobial effectiveness against a wide range of microorganisms.
Browse in-depth TOC on Antimicrobial Textiles Market 81 - Market Data Tables 37 - Figures 142 - Pages
“Asia-Pacific is the biggest market for antimicrobial textiles”
The Asia-Pacific region led the antimicrobial textiles market. The increasing economic growth rates, changing lifestyles, rising disposable incomes, and significant investments in industries such as healthcare drives the antimicrobial textiles market in the region. Moreover, the expanding healthcare industry in the region in response to the growing awareness towards the use of hygienic and healthier products is further expected to lead to a high growth in the demand for antimicrobial textiles in the region.
The global market for antimicrobial textiles is led by players such as, Thai Acrylic Fiber Co. Ltd. (Thailand), SANITIZED AG (Switzerland), Microban International, Ltd. (US), Milliken & Company (US), The Dow Chemical Company (U.S.), Lonza Group AG (Switzerland), Sciessent LLC (US), Trevira GmbH (Germany), Herculite Products, Inc. (U.S.), LifeThreads LLC (US), PurThread Technologies, Inc. (US), Unitika Trading Co., Ltd. (Japan), BioCote Ltd. (UK), BASF SE (Germany), Vestagen Protective Technologies, Inc. (US), and others.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Biotechnology & Pharmaceuticals resource center today to browse our selection of 600+ complimentary Biotechnology & Pharmaceuticals magazines, white papers, webinars, podcasts, and more. Get popular titles including:
