A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Antimicrobial
Textiles Market.
The study, titled “Antimicrobial
Textiles Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016 - 2026”,
is available for sale on the firm’s website.
Global
Antimicrobial Textiles Market: Overview
The
use of antimicrobial textiles is a new practice from the traditional
use of antimicrobial products predominantly in healthcare
environments. The antimicrobial textiles market is propelled by the
need for hygiene products to counter the increasing number of
infections. Technological advances for the development of superior
antimicrobial fabrics, high demand in Asia Pacific, and increasing
end-use applications are leading to the high growth of the
antimicrobial textiles market.
The
production of antimicrobial textiles involves treatment with
additives during the intermediate or finishing stage of production of
the fabric. The method used is dependent on a multitude of factors,
which includes the final utilization of the fabric, manufacturer’s
capability, and budget considerations.
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Global
Antimicrobial Textiles Market: Trends and Opportunities
The
top driver of the global antimicrobial textiles market is the
increasing demand for high-performance and microbe resistant fabrics
for an increasing number of application areas and technological
developments for the production of such textiles. The entry of a
large number of local players and persistent research and development
efforts for the development of active ingredients that do not pass
through the skin and are not harsh on the skin are further driving
the market’s growth.
Medical
is expected to be the fastest-growing application segment of the
market due to the rapid expansion of the healthcare industry
worldwide, increasing usage of antimicrobial textiles in hospital
settings, and rising consumer awareness about health and hygiene.
Apparel is also expected to rise at a significant rate due to the
growing demand for antimicrobial textiles for sportswear and inner
garments.
On
the flip side, the availability of chemicals such as triclosan that
are commonly used in antimicrobial products for industrial operations
could hamper the market’s growth to some extent. Moreover, strict
environmental regulations in regional markets for the use of
antimicrobial products that contain harmful chemicals will present
growth challenges to the antimicrobial textiles markets in these
regions. Fluctuations in raw material prices will further hinder the
growth of this market.
Global
Antimicrobial Textiles Market: Regional Outlook
Asia
Pacific has emerged as one of the most promising markets for
antimicrobial textiles over the past few years. The regional market
of Asia Pacific has displayed the fastest growth in terms of volume
as well as value and has been the focal point of technological
advancements. In this region, the flourishing industrial sector,
changing lifestyles, increasing demand for innovative textiles, and
rise of affluent consumers are some of the major factors bolstering
the demand for antimicrobial textiles. Moreover, the modernization of
the healthcare industry in this region in response to the growing
demand for hygienic and healthier products is further expected to
boost the antimicrobial textiles market in the region.
Global
Antimicrobial Textiles Market: Competitive Landscape
Some
of the leading companies in the antimicrobial textiles market include
SANITIZED AG, Sciessent LLC, The Dow Chemical Company, Trevira GmbH,
Life Threads LLC, Unitika Trading Co. Ltd., BASF SE, Microban
International Ltd., Milliken Chemical, Lonza Group AG, Herculite
Products Inc., PurThread Technologies Inc., BioCote Ltd., and
Vestagen Protective Technologies Inc. among others.
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Due
to the high degree of competition and rising threat from local
players, established players in this market are focused on mergers
and collaborations, partnerships, and strategic alliances to enhance
their geographical presence and improve product offerings. In the
next few years, established players are expected to enter into
strategic collaborations with vendors in Asia Pacific and Latin
America as companies strive to exploit growth opportunities in these
high-potential regions.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
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