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Emerging and High-growth Segments of Antimicrobial Textile Market: Leading Players are Milliken, Unitika, Trevira, Thai Acrylic Fibre, PurThreads Technologies, Vestagen Protective Technologies, LifeThreads LLC, Herculite Inc, Smith & Nephew and Sinterama

03-17-2020 02:22 PM CET | Health & Medicine

Press release from: MarketsandMarkets

Emerging and High-growth Segments of Antimicrobial Textile

Rising awareness regarding health and hygiene has led to an increase in demand for antimicrobial textiles in the manufacture of apparels as well. Antimicrobial Textile Market is expected to reach USD 12.3 billion by 2024, at a CAGR of 5.4 % between 2019 and 2024. Rise in awareness regarding health and hygienic products and prevention against Hospital Acquired Infections (HAIs) will drive the antimicrobial textile market. Textiles are a major source of spreading infectious diseases as they are in constant exposure outside atmosphere and can retain moisture, which makes it suitable for the growth of harmful bacteria, viruses, and fungi.

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Medical textile application is estimated to witness the highest CAGR in the global antimicrobial textile market
The medical textile application segment is projected to witness the highest CAGR in the antimicrobial textile market in the forecast period. The medical textile application includes the usage of medical textile in the manufacture of attire, sheets & blankets, surgical supplies & wipes. Antimicrobial textiles are used to prevent Hospital Acquired Infections (HAIs) in healthcare facilities. Every year HAIs cost many lives along with millions of dollars as collateral. The use of antimicrobial textile in hospitals prevents HAIs from spreading, thus, saving both lives and money.

The use of synthetic organic compounds as active agents in antimicrobial textile is expected to drive the antimicrobial textile market, by active agent.
The synthetic organic compounds active agent will drive the antimicrobial textiles market. Synthetic organic compounds include quaternary ammonium compounds, triclosan, polyhexamethylene biguanides (PHMB), and others. Synthetic organic compounds are cheaper than the alternatives and are effective on a wide range of microbes, bacterium, and fungi.

Cotton segment is expected to drive the antimicrobial textile market, by fabric.
Among the different fabrics used for antimicrobial textiles, Cotton is expected to have the highest demand. The use of cotton as a primary fabric for textiles will result in the application of antimicrobial active agents on cotton fabric. Also, 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.

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North America is projected to account for the largest share in the antimicrobial textiles market
North America accounted for the largest share of the antimicrobial textile market, by value. In North America, the US is estimated to be the key players in the region. Agencies such as the Centre for Disease Control(CDC) have ordered strict guidelines to be followed by healthcare facilities to combat HAIs is driving the market. Also, the demand for antimicrobial textiles in apparels and specifically in sportswear is expected to drive the demand for antimicrobial textile in the region.

The leading antimicrobial textiles 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).

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This research report categorizes the antimicrobial textile market based on active agent, fabric, finishing technique, application, and region.

Antimicrobial textile market, by Active agent:
o Synthetic Organic Compounds
o Metal & Metallic Salts
o Bio based Agents

Antimicrobial textile market, by Fabric:
o Cotton
o Polyester
o Polyamide

Antimicrobial textile market, by Finishing Techniques:
o Pad-Dry Cure
o Exhaust
o Spraying

Antimicrobial textile Market, by Application:
o Medical Textile
o Commercial Textile
o Apparel
o Home Textile
o Industrial Textile

Antimicrobial textile Market, by Region:
o Europe
o North America
o Middle East & Africa
o South America

Key questions addressed by the report
o Which are top players in antimicrobial textile market?
o What are the upcoming technologies, R&D activities, and new product launches in the global antimicrobial textile market?
o Which are the emerging and high-growth segments of the antimicrobial textile market?

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Mr. Sanjay Gupta
MarketsandMarkets(TM) INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

About MarketsandMarkets(TM)

MarketsandMarkets(TM) provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets(TM) for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets(TM) are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets(TM) now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets(TM) is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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