Press release
Soaring Ahead: The Rapid Growth of the Antimicrobial Textiles Market
Antimicrobial Textiles Market
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ: https://www.alliedmarketresearch.com/request-sample/8300
Market Dynamics
Drivers:
- Growing Demand in Healthcare: Antimicrobial medical textiles are increasingly utilized in the healthcare sector to enhance hygiene and prevent infections.
- Rising Awareness: Increasing emphasis on health and hygiene is driving adoption in various applications.
Restraints:
- Environmental Concerns: Potential adverse effects of antimicrobial agents on health and the environment hinder widespread acceptance.
- Raw Material Price Volatility: Fluctuations in the cost of raw materials pose challenges to manufacturers.
Opportunities:
- Emerging Markets: Expansion of the healthcare sector in developing regions creates significant growth opportunities.
Segment Highlights
Fabric Type:
- Cotton: Dominated the market in 2019 with nearly 50% share, owing to its versatile applications in medical textiles and apparel.
- Polyester: Expected to exhibit the highest CAGR of 7.8% from 2020 to 2027, driven by rising disposable incomes and demand for antimicrobial home textiles in developing countries.
Application:
Medical Textiles: Accounted for over 40% of the market share in 2019 and is projected to maintain its dominance with the highest CAGR of 7.8% through 2027. Growth is driven by the expanding healthcare sector in Asia-Pacific and LAMEA.
Regional Insights
- North America: Led the market in 2019, contributing over 33% of global revenue, due to an established consumer base and high awareness of hygiene standards.
- Asia-Pacific: Poised to register the highest CAGR of 8.0% during the forecast period, fueled by a growing healthcare industry, major textile production hubs, and increased investments in military fabrics.
Key Market Players
- Aditya Birla Group (ABG)
- Fuji Chemical Industries, Ltd.
- Herculite, Inc.
- Indorama Ventures Public Company Limited (IVL)
- Kolon Industries, Inc.
- Response Fabrics (India) Pvt. Ltd.
- Sanitized AG
- Sarex Textile Chemicals
- Toyobo Co., Ltd.
- Vardhman Holdings Limited
๐๐๐ญ๐๐ข๐ง ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐ฌ: https://www.alliedmarketresearch.com/antimicrobial-textiles-market-A07935
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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.
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