Global Antimicrobial Textiles Market to reach USD 946.0 million by 2025 | CAGR: 7.23%
Global Antimicrobial Textiles Market is valued at USD 504.7 million in 2016 is anticipated to grow USD 946.0 million with the compounded annual growth of 7.23% over the forecast period 2017-2025.
New York 4 June 2018, as per the new research study conducted by Bizwit Research & Consulting, Global Antimicrobial Textiles industry is poised to raise USD 946.0 million by 2025. The top driver of the global antimicrobial textiles market is the rising demand for high-performance and microbe resistant fabrics for an increasing number of application areas and technological developments in the production of such textiles. Large numbers of local players are entering the market for persistent research and development efforts. and these efforts are the boom for the development of active ingredients that do not pass through the skin and are not harsh on the skin is tending towards driving the market growth. To view the summary or to request a sample copy of this report, please click the link mentioned below:
Global Antimicrobial Textiles Market Size Estimates By Agents (Synthetic Organic Compounds, Metal & Metallic Salts, Bio-Based) By Finishing Techniques (Exhaust, Pay-Dry-Cure, Spraying, Foam Finishing Method) By Application (Commercial, Apparel, Medical, Home, Other Wearables) by Region (North America, Europe, Asia Pacific, Latin America and Rest of the World) 2017-2025
The industry seems to be fairly competitive. Some of the leading market players include Sanitized AG, Microban International, Ltd, Sciessent, Unitika Trading Co., Ltd, BASF SE, The DOW Chemical, Lonza Group Ltd, Biocote, Trevira GMBH, Herculite Products, Inc. New product launches, acquisitions, and mergers are some of the strategies adopted by the key manufacturers. Additionally, the fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- The Asia Pacific region estimated for dominating the Antimicrobial Textiles market during the forecast period.
- The Asia Pacific region will be the highest growing segment with respect to geographical segmentation by around XX%
- Asia Pacific Antimicrobial Textiles market is estimated to grow at the highest CAGR during the forecast period.
- Medical is estimated to be the fastest-growing application segment of the market due to the rapid expansion of the healthcare industry.
Bizwit Research & Consulting LLP has considered following segments for the study:
- By Agents
- Synthetic Organic Compounds
- Metal & Metallic Salts
- By Finishing Techniques
- Foam Finishing Method
- By Application
- Other Wearables
- North America
- Asia Pacific
- Latin America
- Rest of the World