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Antimicrobial Textile Market Estimated Growth Curve And Demand Analysis 2024-2033
Antimicrobial Textile Market
The antimicrobial textile market size is expected to see strong growth in the next few years. It will grow to $18.87 billion in 2028 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to growing demand for medical applications, increasing healthcare expenditure, growth in the geriatric population, increasing public transportation . Major trends in the forecast period include sustainable antimicrobial textiles, smart and wearable antimicrobial textiles, antiviral textiles, odor control textiles, collaboration with healthcare industry.
Market Overview -
Antimicrobial textile refers to any fabric or products made by weaving, knitting, or felting that are intended to either completely or severely restrict the growth of microbes. Antimicrobial textiles are active textiles that help to resist harmful bacteria by up to 99.9% by attacking them at the cellular level to inhibit their reproduction and growth.
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Consumer Awareness Of Health And Hygiene Driving Growth In Antimicrobial Textile Market
An increase in consumer awareness regarding health and hygiene is contributing to the growth of the antimicrobial textile market. The COVID-19 pandemic has raised awareness about health and cleanliness, as well as increased demand for antimicrobial textiles that can kill viruses. As a result, the textile industry's companies are rapidly developing antimicrobial products. For example, in 2021, a survey of 306 participants was conducted online, with 49.3% females and 50.6% males from five major cities: Delhi, Bengaluru, Mumbai, Kolkata, and Chennai, and it revealed that consumer awareness of hygiene, health, and environmental issues will influence the purchase of antimicrobial textiles. Moreover, according to a poll by E Times in 2021, the COVID-19 pandemic has transformed Indians' attitudes toward health, with 70% saying they will prioritize food and lifestyle adjustments in 2021 to manage both physical and emotional health. Therefore, an increase in consumer awareness regarding health and hygiene will drive the growth of the antimicrobial textile market going forward.
Competitive Landscape -
Major companies operating in the antimicrobial textile market include Milliken & Company, PurThread Technologies, Trevira GmbH, Thai Acrylic Fiber Co. Ltd., Vestagen Protective Technologies Inc., Herculite Products Inc., BASF SE, Dow Chemical Company, Sanitized AG, LifeThreads LLC, Surgicotfab Textiles Private Limited, Sciessent LLC, Kolon Industries Inc., Aditya Birla Management Corporation Pvt. Ltd., Response Fabrics Pvt. Ltd., Fuji Chemical Industries Ltd., Indorama Ventures Public Company Limited, Sarex Textile Chemicals, Toyobo Co. Ltd., Vardhman Holdings Limited, Unitika Ltd., Barjan Manufacturing Ltd., Stafford Textile Ltd., Maine-Lee Technology Group LLC, Meditex Technology, BioCote Limited, Birlacril Co., Jinda Nano Tech Co. Ltd., UNITIKA Ltd., Microban International, HeiQ Materials AG, Noble Biomaterials Inc.
Technological Advancements Drive Innovation In Antimicrobial Textile Market
Technological advancement is a key trend gaining popularity in the antimicrobial textile market. Major companies operating in the antimicrobial textile sector are focused on developing a new technological solution to reduce the spread of the virus and meet consumer demand. For instance, in September 2023, Microban International, a US-based antimicrobial additive and odour control solution, launched a next-generation antimicrobial technology called Ascera that uses an active ingredient inspired by nature and is designed for use in olefinic polymers and solvent-based coatings. Patent-pending Ascera is sustainable, metal-free, and less toxic than alternative technologies.
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Key Segments -
The antimicrobial textile market covered in this report is segmented -
1) By Fibers: Cotton, Polyester, Polyamide, Other Fibers
2) By Active Agent: Synthetic Organic Agents, Metal And Metallic Salts, Bio-Based Agents, Other Active Agents
3) By Application: Medical Textiles, Apparel, Home Textiles, Commercial Textiles, Industrial Textiles, Other Applications
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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