Antimicrobial Textile Market to Reach $12.3 billion in 2024 : Milliken, Unitika, Trevira, Thai Acrylic Fibre, PurThreads Technologies, Vestagen Protective technologies, LifeThreads, Herculite, Smith & Nephew and Sinterama are Major Players dominating Growth

Antimicrobial Textile Market is expected to reach USD 12.3 billion by 2024, at a CAGR of 5.4 % between 2019 and 2024. Rise in awareness regarding health and hygienic products and prevention against Hospital Acquired Infections (HAIs) will drive the antimicrobial textile market. Leading antimicrobial textiles manufacturers are Milliken & Co.(US), Unitika Ltd. (Japan), Trevira GmbH (Germany), Thai Acrylic Fibre Co. Ltd. (Thailand), PurThreads Technologies Inc.(US), Vestagen Protective technologies Inc. (US), LifeThreads LLC (US), Herculite Inc. (US), Smith & Nephew PLC (UK), and Sinterama (Italy).

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=254286152

Medical textile application is estimated to witness the highest CAGR in the global antimicrobial textile market 
The medical textile application segment is projected to witness the highest CAGR in the antimicrobial textile market in the forecast period. The medical textile application includes the usage of medical textile in the manufacture of attire, sheets & blankets, surgical supplies & wipes. Antimicrobial textiles are used to prevent Hospital Acquired Infections (HAIs) in healthcare facilities. Every year HAIs cost many lives along with millions of dollars as collateral. The use of antimicrobial textile in hospitals prevents HAIs from spreading, thus, saving both lives and money.

Synthetic organic compounds as active agents in antimicrobial textile is expected to drive the antimicrobial textile market
The synthetic organic compounds active agent will drive the antimicrobial textiles market. Synthetic organic compounds include quaternary ammonium compounds, triclosan, polyhexamethylene biguanides (PHMB), and others. Synthetic organic compounds are cheaper than the alternatives and are effective on a wide range of microbes, bacterium, and fungi.

antimicrobial-textile-market-rising-awareness-regarding-health-hygiene

Cotton segment is expected to drive the antimicrobial textile market, by fabric.
Among the different fabrics used for antimicrobial textiles, Cotton is expected to have the highest demand. The use of cotton as a primary fabric for textiles will result in the application of antimicrobial active agents on cotton fabric. Also, cotton is a naturally occurring fabric and therefore more susceptible to microbial attack. This will drive the demand for antimicrobial cotton textiles during the forecast period.

Speak to our Expert @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=254286152

North America is projected to account for the largest share in the antimicrobial textiles market
North America accounted for the largest share of the antimicrobial textile market, by value. In North America, the US is estimated to be the key players in the region. Agencies such as the Centre for Disease Control(CDC) have ordered strict guidelines to be followed by healthcare facilities to combat HAIs is driving the market. Also, the demand for antimicrobial textiles in apparels and specifically in sportswear is expected to drive the demand for antimicrobial textile in the region.

Recent Developments: 

  • In June 2019, Milliken & Company announced that it signed an agreement to acquire Polartec, LLC (US) which is a strong global brand known for its innovative performance textiles for outdoor and military apparel, from Versa Capital Management, LLC (US).
  • In May 2017, Trevira GmbH became a wholly-owned subsidiary of Indorama Ventures PCL Group (IVL) (Thailand). This will further help the company for its growth, especially in the automotive, hygiene, and high-end home textiles segments.
  • In August 2018, Thai Acrylic Fibre (TAF) and owner of the Birlacril brand, launched a unique solution to the challenges of strict environmental laws imposed on the textile industry with its new product called Radianza acrylic fiber.
  • In February 2018, Mitsui & Co. (US) and PurThread Technologies, Inc. (US) entered into a distributorship agreement to bring PurThread’s patented permanent antimicrobial fibers and yarns to textiles and soft goods across Mitsui & Co.’s vast production and distribution networks in Japan.
  • In March 2017, PurThread Technologies, Inc. collaborated with Cotton Incorporated (U.S.) to bring PurThread’s embedded anti-odor solution to woven fabrics and cotton knit.
  • In August 2017, Vestagen protective Technologies Inc. declared partnership with Standard Textile Co., Inc (U.S.) to promote and sell its active barrier VESTEX garments for healthcare workers.
  • In May 2017, Polygiene (Sweden), has developed together with Sinterama (Italy), a 100% recycled fiber NEWLIFE with Permanent Odor Control Technology as opposed to standard topical application.

Key Questions Addressed by the Report:

  • What are the global demand trends for the antimicrobial textiles market? Will the market witnessed an increase or decline in demand in the coming years?
  • What is the estimated demand for antimicrobial textiles? Which active agent is used the most and in which application?
  • What were the revenue pockets for the antimicrobial textiles market in 2018?
  • What are the upcoming technologies/product areas that will have a significant impact on the market in the future?
  • Who are the major antimicrobial textiles manufacturers, globally?

Comments

Post a Comment

Popular posts from this blog

Building Thermal Insulation Market : Size Analysis by Key Players, End Users, Technologies, Growth & Forecast 2027

  The report  " Building Thermal Insulation Market  by Material (Glasswool, Stonewool, Plastic Foam), Application (Roof Insulation, Floor Insulation, Wall Insulation), Building Type (Residential, Non-Residential) and Region - Global Forecast to 2027",  will grow to USD 35.3 billion by 2027, at a CAGR of 4.7% from USD 28.0 billion in 2022. Browse  in-depth TOC on  "Building Thermal Insulation Market" 313 market data Tables 63 Figures  274 Pages  Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=510 Building thermal insulation is used to reduce the amount of energy required to heat or cool a house and minimize the amount of heat that escapes during the winter and limits the hot summer air to penetrate the house. It is the most cost-effective measure in climates that have a wide range of annual average temperatures. The resistance to heat flow of insulation is measured or rated in terms of its thermal resistance or R-value. The higher the
Read more

Face Mask Market – Business Opportunities and Global Forecast to 2027

The report " Face Mask Market  by Nature (Disposable, Reusable), Material Type, Type (Surgical, Respirator), End-Use, Distribution Channel (Pharmacy & Drug Stores, Supermarket & Hypermarket, Specialty Stores, E-commerce) and Region - Global Forecast to 2027 "The face mask market is projected to grow from USD 25.1 billion in 2022 to USD 3.0 billion by 2027, at a CAGR of -34.5% from 2022 to 2027. The market is projected to witness tremendous growth from 2018 to 2021, followed by a sharp decrease in the years till 2027. Factors contributing to the exponential growth and then decrease during the forecast period in the spread of the COVID-19 globally, and the possible decrease in the spread of the novel coronavirus after the years 2022. Other factors such as the rise in consumer awareness pertaining to the importance of face masks, and the surge in social media marketing to encourage a positive attitude towards wearing masks, are driving the demand for face masks globally.
Read more

Solar Photovoltaic Glass Market Outlook: Emerging Trends and Forecast to 2027

Solar photovoltaic glass market size is projected to reach USD 21.1 billion by 2027 from USD 6.2 billion in 2022 growing at a CAGR of 27.9%. Solar Photovoltaic Glass, also known as solar PV glass or solar glass, refers to a specialized type of glass that is designed to generate electricity from sunlight. It combines the functionality of traditional glass with the energy-producing capabilities of photovoltaic (PV) technology. Solar Photovoltaic Glass is typically made by integrating thin-film solar cells or crystalline silicon solar cells into the glass structure during the manufacturing process. These solar cells are responsible for converting sunlight into electricity through the photovoltaic effect. The glass serves as a protective and supportive layer for the solar cells, allowing them to function effectively while maintaining transparency. The main purpose of Solar Photovoltaic Glass is to capture solar energy and convert it into usable electricity. It finds applications in various
Read more