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Antimicrobial Textiles Market - Future Growth Prospects & Forecast 2017 - 2025

11-02-2017 11:37 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR Research

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Antimicrobial Textiles Market - Future Growth Prospects &

Antimicrobial Textiles Market: Snapshot

The global antimicrobial textiles market has exhibited steady growth in the last few years and considering its relatively recent emergence, the growth rate of the market is also promising. The consistent demand for antimicrobial textiles from consumers has been facilitated by the comfort they provide by eliminating the risk of microbial contamination through clothing. Bacterial and fungal infections represent a significant risk for the skin and can develop into more serious conditions. Their elimination is thus a considerable benefit for wearers.

Rising pollution levels in urban centers across the world have also been a major contributor to the global antimicrobial textiles market. Environmental and water pollution can lead to significant concentration of pathogens, which can easily be transferred to individuals through their clothes. Antimicrobial textiles are thus being demanded more and more in urban centers across the world, where pollution concerns are often the highest.

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Rising countries in Asia Pacific are likely to remain a leading contributor to the global antimicrobial textiles market in the coming years, as the tropical region faces significant problem from microbial diseases. The mounting pollution levels in countries such as China and India are a major factor for the Asia Pacific antimicrobial textiles market, as the rapid urbanization and industrial development in these two dynamic industrial powers have caused significant concerns in cities such as Shanghai, Beijing, Mumbai, and New Delhi.

Apart from personal use, the manufacturing sector and the healthcare industry are also likely to be key consumers in the antimicrobial textiles market in the coming years. The steady investment in the healthcare sector across the world is thus a major driver for the antimicrobial textiles market.

Global Antimicrobial Textiles Market: Overview

The use of antibacterial chemicals in textiles has significantly increased in the past few years. The rising consumer demand for textiles with high comfort and aesthetic appeal, as well as high levels of performance, protection, and easy-maintenance properties has led to the increased use of textiles with antibacterial protections in apparel varieties such as socks and innerwear. The use of chemicals capable of resisting the growth of other microbes such as mildew and fungus in textiles is also rising at a significant pace.

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This report on the global antimicrobial market presents a detailed overview of the market’s present growth dynamics and vast projections regarding its future growth prospects. A thorough analytical view of the market and its segments, factors such as drivers, restraints, trends, opportunities, and regulatory scenario across key regional market is included in the report. A detailed analysis of the market’s competitive landscape is also included in the report, along with recommendations relating to most promising sectors and regions is also included.

Global Antimicrobial Textiles Market: Drivers and Restraints

Some of the key factors driving the global market for antimicrobial textiles are the rising demand for high-performance and microbe resisting fabrics across a continuously rising set of application areas and technological advancements in terms of manufacturing such textiles. The intensifying competition owing to the rising number of companies in the market is leading to an increased focus on research and development practices aimed at the development of active ingredients that do not cross the skin barrier or irritate it and have a strong safety profile. These developments are also expected to have a significant impact on the overall global demand for antimicrobial textiles over the report’s forecast period.

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However, the presence of some environmentally undesirable chemicals such as triclosan in some of the most common antimicrobial products used for industrial operations could restrain the growth of the market to a certain extent. Strict environment sustainability regulations across several regional markets are expected to lead to vast growth challenges for textiles using antimicrobial products containing these and other harmful chemicals.

Global Antimicrobial Textiles Market: Geographical Dynamics

Of the key regional markets for antimicrobial textiles, the Asia Pacific market has emerged as one of the most promising one in the past few years. The regional market has observed growth at the fastest pace in terms of both volume and value and has remained the center for several technological advancements. The thriving industrial sector of the region, the vast rise in affluent consumers, changing lifestyles, and the increased demand for innovative textiles are some of the key factors to have boosted the demand for antimicrobial textiles in the region. Moreover, the rising applications of antimicrobial textiles in industries such as manufacturing and healthcare are also driving the market.

Global Antimicrobial Textiles Market: Competitive Landscape

Some of the key players operating in the global antimicrobial agents market are Sciessent LLC, SANITIZED AG, Milliken Chemical, Vestagen Protective Technologies, Inc., Herculite Products, Inc., Unitika Trading Co., Ltd., Trevira GmbH, The Dow Chemical Company, Lonza Group AG, PurThread Technologies, Inc., BASF SE, BioCote Ltd., and Microban International, Ltd.

The high level of competition in the market and the rise of several domestic players claiming sizeable share in the global market have compelled established vendors to focus more on collaborations, mergers, and acquisitions to expand their geographical reach and product portfolios. In the next few years, strategic collaborations with vendors in developing and high-growth regional markets such as Asia Pacific and Latin America are expected to grow in numbers as companies look to exploit growth opportunities in these regions.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

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