Global Antimicrobial textile Market

Antimicrobial Textile Market Size, Share, Growth Analysis, By Fabric(Polyester, cotton), By Active agents(Metal & metallic salts, Synthetic organics compounds), By Application(Medical textiles, home textiles) - Industry Forecast 2024-2031

Report ID: SQMIG25K2097 | Region: Global | Published Date: February, 2024
Pages: 238 | Tables: 92 | Figures: 76

Antimicrobial Textile Market Insights

Antimicrobial Textile Market size was valued at USD 11.77 billion in 2019 and is poised to grow from USD 12.67 billion in 2023 to USD 21.3 billion by 2031, growing at a CAGR of 7.7% in the forecast period (2024-2031).

The antimicrobial textile market growth might be influenced by the high demand from the wound care market, which includes non-implantable goods and healthcare & hygiene products. Over the forecast period, the demand for these items is anticipated to increase due to the rise in hospitals and government campaigns to raise public awareness of first-aid kits. The U.S. healthcare sector is predicted to have substantial growth over the forecast period, which is likely to have a favorable effect on product demand in the nation.

Over the projection period, it is also projected that an aging population, hospital infections, and a rise in medical tourism would all contribute to higher demand for antimicrobial medical textiles. The market for antimicrobial textiles is anticipated to increase due to the growing awareness of hospital-related illnesses and improved healthcare practices. These fabrics have the innate potential to limit the growth of pathogenic microorganisms. Furthermore, it is anticipated that the market for antimicrobial medical textiles would increase globally due to rising living standards, rising disposable income, and expanding health consciousness. Over the projection period, significant lifestyle changes in developing the Asia Pacific and Latin American nations are projected to drive up the use of antimicrobial fabrics. These adjustments have increased people's knowledge of hygiene and general health, which is expected to increase demand for the items in these areas.

The rising number of reliable and secure antimicrobial finishes is responsible for the expanding use of antimicrobial textiles in the worldwide textile market. The capacity to customize products to specific industry needs, together with expanding use in the medical and apparel sectors, is anticipated to support market expansion.

US Antimicrobial Textile Market is poised to grow at a sustainable CAGR for the next forecast year.

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Antimicrobial Textile Market size was valued at USD 11.77 billion in 2019 and is poised to grow from USD 12.67 billion in 2023 to USD 21.3 billion by 2031, growing at a CAGR of 7.7% in the forecast period (2024-2031).

The antimicrobial textile market is relatively fragmented, with high competition. Few large players, like SANITIZED AG, Sciessent LLC, The Dow Chemical Company, Trevira GmbH, Life Threads LLC, Unitika Trading Co. Ltd., BASF SE, Microban International Ltd., Milliken Chemical, Lonza Group AG, Herculite Products Inc., PurThread Technologies Inc., BioCote Ltd., now control the market in terms of market share. These industry leaders are extending their customer base across several areas, and many corporations are creating strategic and collaborative initiatives with other start-up enterprises to enhance their market share and profitability. 'Milliken & Company', 'Trevira GmbH', 'Herculite Products, Inc.', 'BioCote Ltd.', 'Microban International, Ltd.', 'PurThread Technologies, Inc.', 'Unitika Ltd.', 'BASF SE', 'Lonza Group Ltd.', 'The Dow Chemical Company', 'DuPont de Nemours, Inc.', 'Vestagen Protective Technologies, Inc.', 'HeiQ Materials AG', 'Foss Performance Materials', 'Sciessent LLC', 'Sanitized AG', 'PurThread Technologies, Inc.', 'Sinterama S.p.A.', 'LifeThreads LLC', 'SmartSilver Antimicrobial'

Increasing Usage of Antimicrobial Materials in Medical Fabrics

The demand for high-performance, microbe-resistant fabrics for a growing variety of application sectors and technological advancements for their manufacture are the two main factors driving the market for antimicrobial textiles. The market's expansion is also being fueled by the entry of numerous local companies as well as ongoing research and development activities for the creation of active compounds that do not penetrate the skin and are gentle on the skin.

Owing to limitations in the current medication therapy, treatment, and management of orthopedic, cardiovascular, ophthalmic, neurological, and a number of other chronic conditions, North America dominates the antimicrobial fabrics market. Additionally, the antimicrobial fabrics market in the region is expected to increase due to ongoing technological advancements, which will eventually result in the production of new and improved products. Due to increased governmental involvement in improving healthcare facilities, Asia-Pacific is expected to have considerable growth in the antimicrobial textiles market. Additionally, the expanding wound care industry is predicted to increase demand for the goods, and the presence of significant yarn and fibre producers in Taiwan is predicted to further fuel the expansion of the antimicrobial textiles market in the region over the next few years.

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Global Antimicrobial textile Market

Product ID: SQMIG25K2097