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Antimicrobial Textiles Market Audience Architects Constructing Strategies for Identifying and Targeting Your Market
Antimicrobial Textiles Market
According to the report, the global antimicrobial textiles market was valued at $10.0 billion in 2019 and is projected to reach $18.2 billion by 2027, growing at a CAGR of 7.4% from 2020 to 2027.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ: https://www.alliedmarketresearch.com/request-sample/A07935
Key Market Drivers & Challenges
Growth Drivers:
- Rising demand for antimicrobial medical textiles from the expanding healthcare sector.
- Increased consumer awareness about health and hygiene.
Market Restraints:
- Environmental and health concerns regarding antimicrobial agents.
- Fluctuating raw material prices.
Opportunities:
- The expansion of the healthcare sector in emerging economies presents significant growth prospects.
Market Segmentation Insights
By Fabric:
- Cotton Segment: Dominated the market in 2019, holding nearly half of the total share, and is expected to maintain its lead due to its extensive use in medical textiles and apparel.
Polyester Segment: Expected to grow at the highest CAGR of 7.8% from 2020 to 2027, driven by rising disposable income and increasing awareness of antimicrobial home textiles.
By Application:
- Medical Textiles: Held the largest market share in 2019 (more than 40%) and is projected to register the highest CAGR of 7.8% by 2027. Growth is fueled by the expanding healthcare industry in Asia-Pacific and LAMEA.
Other applications include apparel, home textiles, and others.
Regional Outlook
- North America: Held the largest revenue share in 2019 (over one-third of the total market) and is expected to maintain its lead due to an established consumer base and high awareness of hygiene.
- Asia-Pacific: Anticipated to witness the fastest CAGR of 8.0% from 2020 to 2027, driven by a booming healthcare sector, strong textile manufacturing presence, and rising investment 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
The antimicrobial textiles market is poised for significant growth, with strong demand from healthcare, technological advancements in fabric treatments, and increasing global awareness of hygiene standards.
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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