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Antimicrobial Textiles Market worth 1,076.1 Million USD by 2026

Thursday, January 5, 2017 9:51
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The antimicrobial textiles market size is estimated to be valued at USD 497.4 Million in 2015 and is projected to reach USD 1,076.1 Million by 2026, at a CAGR of 7.4% from 2016 to 2026. In this study, 2015 has been considered the base year, 2016 to 2021 the short term forecast period, and 2016 to 2026, the long term forecast period for projecting the market size of antimicrobial textiles.

The report Antimicrobial Textiles Market by Agent (Synthetic Organic Compounds, Metal & Metallic Salts, Bio-based), Application (Commercial, Apparel, Medical, Home), Finishing Technique and Region – Global Forecast to 2026″, The antimicrobial textiles market size is estimated to be valued at USD 497.4 Million in 2015 and is projected to reach USD 1,076.1 Million by 2026, at a CAGR of 7.4% from 2016 to 2026.

Browse 135 market data tables and 53 figures spread through 171 pages and in-depth TOC on “Antimicrobial Textiles Market “

Early buyers will receive 10% customization on reports.

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 applications are the largest segment of the antimicrobial textiles market”

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The medical 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 segment is projected to drive the antimicrobial textiles market from 2016 to 2021 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 compounds is estimated to be the largest segment in the antimicrobial textiles agents market”

The antimicrobial textiles market is segmented on the basis of agents into, synthetic organic compounds, metal & metallic salts, and bio-based agents. Each of these agents is further classified into subsegments. Synthetic organic is estimated to be the largest agent segment in the antimicrobial textiles market as a result of its antimicrobial effectiveness against a wide range of microorganisms.

“Asia-Pacific is the biggest market for antimicrobial textiles”

The Asia-Pacific region led the antimicrobial textiles market in 2015. 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.

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The global market for antimicrobial textiles is led by players such as, SANITIZED AG (Switzerland), Microban International, Ltd. (U.S.), Sciessent LLC (U.S.), Milliken Chemical (U.S.),  The Dow Chemical Company (U.S.), Lonza Group AG (Switzerland), Trevira GmbH (Germany), Herculite Products, Inc. (U.S.), LifeThreads LLC (US), PurThread Technologies, Inc. (U.S.), Unitika Trading Co., Ltd. (Japan), BioCote Ltd. (U.K.),  BASF SE (Germany), Vestagen Protective Technologies, Inc. (U.S.), and others.

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Source: GetNews



Source: http://www.getnews.info/586677/antimicrobial-textiles-market-worth-10761-million-usd-by-2026.html

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