Antimicrobial Textile with Size, Share and Growth estimated to reach up to USD 14.7 Billion by 2026
Due to rising demand across medical textile and apparel applications, the antimicrobial textiles market is likely to grow significantly in the upcoming years.
(EMAILWIRE.COM, June 13, 2022 ) The report "Global Antimicrobial Textile Market by Active Agents (Synthetic Organic Compounds, Metal & Metallic Salts, Bio-based), Application (Medical Textiles, Apparels, Home Textiles), Fabric (Cotton, Polyester, and Polyamide), and Region - Global Forecast to 2026", size is projected to grow from USD 10.7 billion in 2021 to USD 14.7 billion by 2026, at a CAGR of 6.5% from 2021 to 2026. Growth of the market is primarily triggered by the need for hygiene products to combat the increasing number of infections due to microorganisms in various applications such as sportswear, protective wear, curtains & drapes, carpets, surgical supplies & wipes, bedding, intimates, and footwear.
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COVID-19 impact on global antimicrobial textiles market
With the surge of COVID-19 cases, emergency protocols have been implemented, as well as the suspension of numerous operations and facilities in 2020. The COVID-19 outbreak in Wuhan, China, has spread throughout key APAC, European, and North American countries, disrupting the antimicrobial textiles market since most global manufacturers have offices in these regions. COVID-19 had disrupted the supply chain, slowing market expansion due to a scarcity of raw materials and personnel.
In terms of value & volume, medical textiles is estimated to be the fastest-growing segment in the antimicrobial textiles market.
Medical textiles are projected to witness the highest growth in the antimicrobial textiles market. The rising number of infectious disease through HAIs and cross-infection highlight the need for antimicrobial textiles. Moreover, the rising demand for disposable medical textiles and growing awareness toward hygienic products increases the demand for antimicrobial textiles in the medical industry.
Don't miss out on business opportunities in Antimicrobial Textile Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=254286152
Browse in-depth TOC on "Global Antimicrobial Textile Market”
105 - Market Data Tables
32 - Figures
140 - Pages
The APAC region is projected to be the fastest-growing region in the antimicrobial textiles market during the forecast period.
The APAC region is projected to be the fastest-growing region in the antimicrobial textiles market in terms of both value and volume from 2021 to 2026. This region is witnessing the highest growth rate due to the rapid economic expansion. According to the IMF, China and India are among the fastest-growing economies globally. India is expected to overtake China with the highest growth rate, thus driving the global economy. The rising disposable income of people, shifting of manufacturing facilities from developed regions, such as North America and Europe, and rapidly growing industrial sectors are expected to drive the market in APAC.
Milliken & Company (US), PurThread Technologies (US), Trevira GmbH (Germany), Thai Acrylic Fiber Co. Ltd. (Thailand) and Vestagen Protective Technologies, Inc. (US), amongst others, are the key players operating in the antimicrobial textiles market.
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About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=254286152
COVID-19 impact on global antimicrobial textiles market
With the surge of COVID-19 cases, emergency protocols have been implemented, as well as the suspension of numerous operations and facilities in 2020. The COVID-19 outbreak in Wuhan, China, has spread throughout key APAC, European, and North American countries, disrupting the antimicrobial textiles market since most global manufacturers have offices in these regions. COVID-19 had disrupted the supply chain, slowing market expansion due to a scarcity of raw materials and personnel.
In terms of value & volume, medical textiles is estimated to be the fastest-growing segment in the antimicrobial textiles market.
Medical textiles are projected to witness the highest growth in the antimicrobial textiles market. The rising number of infectious disease through HAIs and cross-infection highlight the need for antimicrobial textiles. Moreover, the rising demand for disposable medical textiles and growing awareness toward hygienic products increases the demand for antimicrobial textiles in the medical industry.
Don't miss out on business opportunities in Antimicrobial Textile Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=254286152
Browse in-depth TOC on "Global Antimicrobial Textile Market”
105 - Market Data Tables
32 - Figures
140 - Pages
The APAC region is projected to be the fastest-growing region in the antimicrobial textiles market during the forecast period.
The APAC region is projected to be the fastest-growing region in the antimicrobial textiles market in terms of both value and volume from 2021 to 2026. This region is witnessing the highest growth rate due to the rapid economic expansion. According to the IMF, China and India are among the fastest-growing economies globally. India is expected to overtake China with the highest growth rate, thus driving the global economy. The rising disposable income of people, shifting of manufacturing facilities from developed regions, such as North America and Europe, and rapidly growing industrial sectors are expected to drive the market in APAC.
Milliken & Company (US), PurThread Technologies (US), Trevira GmbH (Germany), Thai Acrylic Fiber Co. Ltd. (Thailand) and Vestagen Protective Technologies, Inc. (US), amongst others, are the key players operating in the antimicrobial textiles market.
Get Sample Pages of This Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=254286152
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
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MarketsandMarkets™
Mr. Aashish Mehra
Tel: 1-888-600-6441
Email us
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MarketsandMarkets™
Mr. Aashish Mehra
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results