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Nanotechnology Clothing Market Report Reveals Demand, Growth Rate, and Strategic Insights || BASF SE, Toray Industries Inc., Parker Hannifin Corporation, FTEnE GmbH
Nanotechnology Clothing Global Market Report 2024
The Business Research Company offers in-depth market insights through Nanotechnology Clothing Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The nanotechnology clothing market size has grown exponentially in recent years. It will grow from $7.16 billion in 2023 to $8.91 billion in 2024 at a compound annual growth rate (CAGR) of 24.4%. The growth in the historic period can be attributed to performance enhancement, fashion and style innovation, health and wellness applications, comfort and lightweight materials, textile industry competitiveness.
The nanotechnology clothing market size is expected to see exponential growth in the next few years. It will grow to $20.43 billion in 2028 at a compound annual growth rate (CAGR) of 23.1%. The growth in the forecast period can be attributed to sustainability and eco-friendly materials, smart textiles and wearable tech integration, personalized and customizable apparel, health monitoring and wellness features, global pandemic response. Major trends in the forecast period include nanofiber-based textiles, energy-harvesting textiles, anti-odor nanoparticles, environmental sustainability, biometric sensing clothing.
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Market Segmentation:
The nanotechnology clothing market covered in this report is segmented -
1) By Type: Nanocoated Textiles, Nanoporous Textiles, Fabrics Consisting of Nanofiber Webs, Composite Fibres based on Nanostructures
2) By Application: Healthcare, Packaging, Sports and Leisure, Defense, Home and Household, Environmental protection, Geotextiles, Other Applications
3) By End-User Sex: Men, Women, Kids
Major Driver - Antimicrobial Nanotechnology Clothing In Healthcare Fuelling Growth In The Nanotechnology Clothing Market
The rising use of nanotechnology clothing in the medical industry, owing to its anti-microbial properties, is expected to drive the nanotechnology clothing market. Nanotechnology clothing offers the anti-microbial property to fight against microorganisms such as viruses, fungi, and bacteria. The companies functioning in the nanotechnology clothing market are introducing medical products to deal with microorganisms. For instance, in March 2021, Anxin, a Zhuhai-based mask manufacturer came up with bacteria-killing reusable nano-silver masks to meet the increasing demand for face masks post-COVID-19 outbreak. The nano-silver particles continuously release irons that are capable of killing bacteria and viruses. Therefore, the growing usage of nanotechnology fibers or clothing in the healthcare industry is projected to boost the revenues and growth of the nanotechnology clothing market over the forthcoming years.
Competitive Landscape:
Major companies operating in the nanotechnology clothing market report are BASF SE, Toray Industries Inc., Parker Hannifin Corporation, FTEnE GmbH, Teijin Frontier Co. Ltd., Patagonia Inc., Helly Hansen AS, Odegon Technologies AG, Osmotex AG, GoGoNano, Oxford Nanopore Technologies Ltd., Aspen Aerogels Inc., Nantero Inc., Spiber Inc., Nano Textile Ltd., NuMat Technologies Inc., Nanotech Industrial Solutions Inc., Liquidia Technologies Inc., DigiLens Inc., StoreDot Ltd., PurThread Technologies Inc., Abionic SA, Bolt Threads Inc., Schoeller Textil AG, Colmar S.p.A., eSpin Technologies Inc., NanoHorizons Inc., Lyncean Technologies Inc., Modern Meadow Inc., Shanghai Huzheng Nano Technology Co. Ltd., Nanotex LLC, Bionic Yarn, Nolla Antimicrobial Oy, Nanovis LLC, Nanogate SE, Nanophase Technologies Corporation, Quantum Materials Corp.
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Top Trend - Incorporating Wearable Technology Key Trend In The Nanotechnology Clothing Market
The launch of new products incorporating wearable technology is a key trend shaping the growth of the market. Major players operating in the nanotechnology clothing market are launching a new line of clothing with wearable technology in order to maintain their competitive position in the global market. For instance, in December 2021, NanoTextile, a Malaysia-based nanotechnology firm, launched a new theme called 'Beneath Hijab'. 'Beneath Hijab' was influenced by the underscarf or inners, which are available in a wide variety of patterns, silhouettes, and colours. Beneath Hijab's main goal is to offer comfort behind functionality. The product's incorporated nanotechnology is referred to as having functionality. This inner scarf nanotechnology is a component of NanoTextile's Hygienic Series of products, which also includes antibacterial, odourless, and self-cleaning technologies.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Nanotechnology Clothing Market Characteristics
3. Nanotechnology Clothing Market Trends And Strategies
4. Nanotechnology Clothing Market - Macro Economic Scenario
5. Nanotechnology Clothing Market Size And Growth
…..
27. Nanotechnology Clothing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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