Antimicrobial Textiles Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025
The global antimicrobial textiles market has exhibited steady growth in the last few years and considering its relatively recent emergence, the growth rate of the market is also promising. The consistent demand for antimicrobial textiles from consumers has been facilitated by the comfort they provide by eliminating the risk of microbial contamination through clothing. Bacterial and fungal infections represent a significant risk for the skin and can develop into more serious conditions. Their elimination is thus a considerable benefit for wearers.
Rising pollution levels in urban centers across the world have also been a major contributor to the global antimicrobial textiles market. Environmental and water pollution can lead to significant concentration of pathogens, which can easily be transferred to individuals through their clothes. Antimicrobial textiles are thus being demanded more and more in urban centers across the world, where pollution concerns are often the highest.
Rising countries in Asia Pacific are likely to remain a leading contributor to the global antimicrobial textiles market in the coming years, as the tropical region faces significant problem from microbial diseases. The mounting pollution levels in countries such as China and India are a major factor for the Asia Pacific antimicrobial textiles market, as the rapid urbanization and industrial development in these two dynamic industrial powers have caused significant concerns in cities such as Shanghai, Beijing, Mumbai, and New Delhi.
Apart from personal use, the manufacturing sector and the healthcare industry are also likely to be key consumers in the antimicrobial textiles market in the coming years. The steady investment in the healthcare sector across the world is thus a major driver for the antimicrobial textiles market.
The use of antibacterial chemicals in textiles has significantly increased in the past few years. The rising consumer demand for textiles with high comfort and aesthetic appeal, as well as high levels of performance, protection, and easy-maintenance properties has led to the increased use of textiles with antibacterial protections in apparel varieties such as socks and innerwear. The use of chemicals capable of resisting the growth of other microbes such as mildew and fungus in textiles is also rising at a significant pace.
This report on the global antimicrobial market presents a detailed overview of the market’s present growth dynamics and vast projections regarding its future growth prospects. A thorough analytical view of the market and its segments, factors such as drivers, restraints, trends, opportunities, and regulatory scenario across key regional market is included in the report. A detailed analysis of the market’s competitive landscape is also included in the report, along with recommendations relating to most promising sectors and regions is also included.
Some of the key factors driving the global market for antimicrobial textiles are the rising demand for high-performance and microbe resisting fabrics across a continuously rising set of application areas and technological advancements in terms of manufacturing such textiles. The intensifying competition owing to the rising number of companies in the market is leading to an increased focus on research and development practices aimed at the development of active ingredients that do not cross the skin barrier or irritate it and have a strong safety profile. These developments are also expected to have a significant impact on the overall global demand for antimicrobial textiles over the report’s forecast period.
However, the presence of some environmentally undesirable chemicals such as triclosan in some of the most common antimicrobial products used for industrial operations could restrain the growth of the market to a certain extent. Strict environment sustainability regulations across several regional markets are expected to lead to vast growth challenges for textiles using antimicrobial products containing these and other harmful chemicals.
Of the key regional markets for antimicrobial textiles, the Asia Pacific market has emerged as one of the most promising one in the past few years. The regional market has observed growth at the fastest pace in terms of both volume and value and has remained the center for several technological advancements. The thriving industrial sector of the region, the vast rise in affluent consumers, changing lifestyles, and the increased demand for innovative textiles are some of the key factors to have boosted the demand for antimicrobial textiles in the region. Moreover, the rising applications of antimicrobial textiles in industries such as manufacturing and healthcare are also driving the market.
Some of the key players operating in the global antimicrobial agents market are Sciessent LLC, SANITIZED AG, Milliken Chemical, Vestagen Protective Technologies, Inc., Herculite Products, Inc., Unitika Trading Co., Ltd., Trevira GmbH, The Dow Chemical Company, Lonza Group AG, PurThread Technologies, Inc., BASF SE, BioCote Ltd., and Microban International, Ltd.
The high level of competition in the market and the rise of several domestic players claiming sizeable share in the global market have compelled established vendors to focus more on collaborations, mergers, and acquisitions to expand their geographical reach and product portfolios. In the next few years, strategic collaborations with vendors in developing and high-growth regional markets such as Asia Pacific and Latin America are expected to grow in numbers as companies look to exploit growth opportunities in these regions.
This study provides a particularized anatomy according to the L.E.A.P mechanism
The regional analysis offers market assays across:
The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.
Latest Trends and Cardinal Growth Prospects
The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.
Existing and Future Insights in Growth
The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.
Ascensions in Technology
Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.
The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.
The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.
An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.
The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!
This report is the key to questions such as:
What are the prominent factors that will help in reshaping the market growth?
Which trends have the potential to bring expansive growth for the market?
What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?
Which regions will emerge as champion growth contributors for the market?
Which aspects will serve as game-changers for the market?
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Which factors will hinder the growth of the market?
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