Antimicrobial Textiles Market Elevating Expectations Market Size Soaring to New Heights Ahead

The global antimicrobial textiles market, according to a report by Allied Market Research, generated $10.0 billion in 2019 and is projected to grow to $18.2 billion by 2027, with a CAGR of 7.4% from 2020 to 2027. The report delves into the changing dynamics of the market, the key players, their strategies, market segments, value chain, and competitive landscape.

Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/8300

The rise in demand for antimicrobial medical textiles in healthcare, an increase in health-conscious individuals, and a heightened awareness about hygiene are driving the growth of the global antimicrobial textiles market. However, concerns regarding the environmental and health impacts of antimicrobial agents and fluctuations in raw material prices hinder the market's growth. Nevertheless, opportunities lie in the form of an improved healthcare infrastructure in emerging economies.

The Covid-19 pandemic has led to increased demand for antimicrobial textiles, especially among medical staff and the general public adopting stringent hygiene practices. Research and development (R&D) efforts to develop antimicrobial textiles that can substantially reduce the risk of coronavirus infection are underway, with the goal of creating textiles that can eliminate nearly 99.99% of the virus in a matter of minutes.

During the pandemic, manufacturing activities were disrupted due to lockdowns in several countries, leading to shortages in raw materials and distribution issues. However, the report predicts that the supply-demand gap will be restored in the post-lockdown period.

Obtain Report Details: https://www.alliedmarketresearch.com/antimicrobial-textiles-market-A07935

The report provides detailed segmentation of the antimicrobial textiles market based on fabric, active agent, application, and region. In terms of fabric, polyester is projected to have the highest CAGR, while cotton is expected to maintain its dominant market share. In terms of application, medical textiles currently lead the market and are projected to maintain their lead, with the fastest growth expected in this segment. Geographically, North America currently holds the highest share but Asia-Pacific is expected to have the largest CAGR.

The key players in the global antimicrobial textiles market include Aditya Birla Group (ABG), Herculite, Inc., Fuji Chemical Industries, Ltd., Kolon Industries, Inc., Indorama Ventures Public Company Limited (IVL), Sanitized AG, Response Fabrics (India) Pvt. Ltd., Toyobo Co., Ltd. (Toyobo), Sarex Textile Chemicals, and Vardhman Holdings Limited (Vardhman Holdings).

If you are interested in procuring this report or obtaining further information, you can visit the link provided: https://www.alliedmarketresearch.com/antimicrobial-textiles-market/purchase-options

Contact:

David Correa

United States

1209 Orange Street,

Corporation Trust Center,

Wilmington, New Castle,

Delaware 19801 USA.

Int'l: +1-503-894-6022

Toll Free: +1-800-792-5285

Fax: +1-800-792-5285

help@alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.