“Prevention of Hospital Acquired Infections through Antimicrobial Textile Will Drive The Market”
The global antimicrobial textile market is estimated to grow USD 9.5 billion in 2019 to USD 12.3 billion in 2024, at a CAGR of 5.4% during the forecast period. The use of antimicrobial textiles in the health care industry for the prevention of Hospital Acquired infections (HAIs) that not only cost lives but also result in enormous losses for the healthcare industry. Also, the adoption of best practices by healthcare staff has resulted in increased demand for safer and preventive materials to be used in the healthcare centers is expected to drive the antimicrobial market growth during the forecast period.
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“Medical textile applications expected to register the highest CAGR in the global antimicrobial textiles market during the forecast period.”
Due to the high risk of infection in healthcare facilities, various agencies such as Center for Disease Control (CDC) and hospital management strife to control this epidemic and as a result have started encouraging the use of antimicrobial fabric in medical-related textiles. The medical textile application includes the usage of medical textile in the manufacture of attire, sheets & blankets, surgical supplies & wipes. Attire used by doctors during surgery needs to be completely microbe-free as they have to work in a highly sensitive environment. These attires are required to be antimicrobial in nature. The use of antimicrobial textiles for the combating infections and usage in attire is expected to drive the antimicrobial textile market.
“The synthetic organic compounds active agent is expected to drive the antimicrobial textile market.”
Synthetic organic compounds are the cheapest available active agents as compared to metal& metallic salts and bio-based active agents. Synthetic organic compounds include quaternary ammonium compounds, triclosan, polyhexamethylene biguanides (PHMB). They are also effective against a broad spectrum of microbes, bacterium, and fungi. These factors will drive the demand for synthetic organic compounds during the forecast period.
“Cotton is projected to record the highest growth rate during the forecast period.”
Cotton is a major fabric used in various applications including medical textile, apparels, commercial textiles, automotive, home textiles, and other such application as cotton is a naturally occurring fabric and therefore more susceptible to microbial attack. This will drive the demand for antimicrobial cotton textiles during the forecast period.
“APAC is projected to record the highest growth rate during the forecast period.”
APAC is projected to be the fastest-growing region in the antimicrobial textile market In the region. India, China, and South Korea are major key players. China holds the largest share in the market, while India is the fastest-growing market in the region. Growing per capita income, rising population, and increased awareness regarding health and hygiene will lead the antimicrobial textile market.
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The breakup of primary interviews is given below.
• By Company Type – Tier 1 – 40%, Tier 2 – 50%, and Tier 3 –10%
• By Designation – C level – 40%, Director level – 30%, and Others – 30%
• By Region – Europe – 40%, APAC – 40%, North America – 10%, South America-10%
The leading antimicrobial textile manufacturers are Milliken & Co.(US), Unitika Ltd. (Japan), Trevira GmbH (Germany), Thai Acrylic Fibre Co. Ltd. (Thailand), PurThreads Technologies Inc.(US), Vestagen Protective Technologies Inc (US), LifeThreads LLC (US), Herculite Inc(US), Smith & Nephew PLC (UK), and Sinterama (Italy).
This research report categorizes the global antimicrobial textile market based on active agents, application, fabrics, and region. The report includes detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, opportunities, and challenges. Detailed analysis of the key market players provides insights into business overviews, services, key strategies, and recent developments associated with the market.
Reasons to Buy the Report
The report will help the leaders/new entrants in this market in the following ways:
1. This report segments the global antimicrobial textiles market comprehensively and provides the closest approximations of market sizes for the overall market and subsegments across verticals and regions.
2. The report will help stakeholders understand the pulse of the market and provide them with information on the key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders understand the major competitors and gain insights to enhance their position in the business. The competitive landscape section includes new product developments, partnerships, and merger & acquisition.
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