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Global Antimicrobial Textile Market To Surge At A CAGR Over 5.8% During 2019–2025 – ZMR

Global Antimicrobial Textile market value was estimated at 9.5 (USD Billion) in 2019 and is projected to hit 12.8 (USD Billion) by 2025 growing at a CAGR of nearly 5.4% during the period from 2019 to 2025.

New York, United States - October 22, 2020 /MarketersMedia/

According to researchers from Zion Market Research, the global antimicrobial textile market size is estimated to develop from USD 9.5 billion to USD 12.8 billion throughout 2019–2025, at a CAGR of 5.4%. The antimicrobial textiles are utilized broadly in various applications counting commercial textiles, medical textiles, industrial textiles, home textiles, apparels, and other such applications. There are main two well-known raw materials that are mixed to make antimicrobial textiles specifically, antimicrobial active agents and fabric. The augmentation of antimicrobial textiles is mostly attributed to the impediment of HAIs (Hospital Acquired Infections) so as to avoid the prevalence of diseases. It is also related to surging awareness about hygiene and health. This has caused a demand for materials having hygienic characteristics.

Some of the leading companies from the global antimicrobial textile market are Unitika Ltd., Trevira GmbH, Milliken & Co., PurThreads Technologies Inc., Thai Acrylic Fibre Co. Ltd., LifeThreads LLC, Vestagen Protective Technologies Inc., Smith & Nephew PLC, Herculite Inc., and Sinterama.

Surging Aging Population To Stimulate The Global Antimicrobial Textile Market

In the U.S., the healthcare industry is projected to poise quick growth in the estimated period, which is likely to have an affirmative impact on the demand for the product in the country. Additionally, the surging hospital infections and aging population along with rising medical tourism are expected to spur the demand for antimicrobial medical textiles during 2019–2025. The growing awareness concerning better healthcare practices and hospital-related diseases are projected to advance demand for antimicrobial textiles since they have the inherent potential to limit the growth of disease-causing microbes. In addition, rising quality of living, together with increasing disposable earnings and health consciousness, are estimated to enhance demand for antimicrobial medical textiles worldwide.

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The global antimicrobial textile market is segmented on the basis of active agents, finishing techniques, fabric, application, and region. Based on the active agents, the market is divided into bio-based, synthetic organic compounds, and metal & metallic salts. Based on the application, the market is bifurcated into apparel, commercial textile, medical textile, industrial textile, home textile, and others (construction textile, packaging, socks & shoe inserts, agriculture, transportation). Based on the finishing techniques, the market is classified into the pad-dry-cure, spraying, exhaust, and foam finishing method. Based on the fabric, the market is divided into cotton, polyamide, polyester and others (acrylic, polyethylene, polypropylene, and cellulose acetate).

North America Will Record The Largest Market Share During The Forecasted Period

Based on the geographical study, the global antimicrobial textile market is divided into Asia Pacific, Latin America, Europe, North America, and Middle East & Africa. The North America region is accounted for the maximum share in the foam glass market and this movement is anticipated to persist during the estimated period. Across North America, the U.S., Mexico, and Canada are likely to be the leading players in the region. The rising consumer awareness about the outburst of the disease has caused a demand for superior quality material regarding the maintenance of hygiene and health will boost the antimicrobial textile market across the region.

The global antimicrobial textile market is segmented as follows:

Based on active agents:

Synthetic organic compounds
Metal & metallic salts
Bio-Based

Based on the application:

Medical textile
Commercial textile
Home textile
Apparels
Industrial textile
Others (construction textile, socks & shoe inserts, packaging, agriculture, transportation)

Based on fabric:

Cotton
Polyester
Polyamide
Others (polyethylene, polypropylene, acrylic, cellulose acetate)

Based on finishing techniques:

Exhaust
Pad-Dry-Cure
Spraying
Foam Finishing Method

By Region

North America
The U.S.
Canada

Europe
France
The UK
Spain
Germany
Italy
Rest of Europe

Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific

Latin America
Brazil
Mexico
Rest of Latin America

Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa

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Source URL: https://marketersmedia.com/global-antimicrobial-textile-market-to-surge-at-a-cagr-over-58-during-20192025-zmr/88981999

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