The worldwide antimicrobial textiles market is predicted to grow from USD 9.1 billion in 2020 to USD 12.7 billion in 2025, with a CAGR of 5.1% over the foreseen period. The use of antimicrobial textiles in the healthcare industry for the prevention of nosocomial infections (IAAS) that not only cost lives, but also result in huge losses for the healthcare industry. Additionally, the adoption of best practices by healthcare personnel has led to an increased call for safer and preventative materials for use in healthcare facilities, which is predicted to drive expansion in the antimicrobial market over the foreseen period.
Antimicrobial textiles are fibrous substrates to which antimicrobial agents are applied. They improve the shelf life and performance of consumer products. The escalating calls for antimicrobial sportswear and awareness about health and hygiene are driving the expansion of the market. Bacteria develop new cellular mechanisms and mutations in their DNA that support and ensure their survival even under difficult conditions. The changes also help them quickly develop traits resistant to antibiotics and metals and help them adapt to climatic conditions by exchanging genes between their different species. Thus, to fight against these microbes, the textile sector has developed antimicrobial garments by adding bactericidal compounds during the manufacture of the fabric.
The insurgency of a pandemic like a coronavirus is likely to create a huge call for antimicrobial textiles in the coming years. Besides this, the major call for personal protective devices is predicted to drive the expansion of the antimicrobial textile industry in the future years. Apart from this, the application of antimicrobial compounds has increased dramatically in recent years. This, in turn, will likely stimulate the expansion of the antimicrobial textile industry for years to come.
The healthcare industry is the largest consumer of antimicrobial textiles. The healthcare industry must maintain high standards of hygiene and a bacteria-free environment. The industry uses antimicrobial textiles in sheets and sheets, surgical gowns, dressings and bandages, and drapes to prevent infection. Manufacturers want to develop products capable of fighting nosocomial infections (HAI). The use of antimicrobial textiles prevents the spread of HAI in hospitals. Antimicrobial textiles have active agents that impart antimicrobial properties to the fabric against a wide range of microbes, making them beneficial in combating IAH. The escalating prevalence of chronic diseases such as chickenpox, diphtheria, tuberculosis and others; the escalating incidence of cross infections; and the escalating adoption of improved health services has increased the need for antimicrobial textiles in the health sector.
The price and availability of raw materials play an important role in the final price of antimicrobial textiles. The price of some commodities is traded on the commodity market, which can be traded on the stock exchange, resulting in daily price fluctuations. As a result, prices depend on market forces. Price fluctuations can increase the already high cost of production. This can further affect the call and supply of the product, which can hamper market expansion.
Antimicrobial textiles are gaining popularity among researchers and manufacturers due to their ability to ensure the safety and quality of life of users. Consumers call better quality products in home textiles or clothing to support their healthier lifestyle choices. This leads to the need to develop new products. Researchers are constantly trying to develop products that are skin-friendly, cost-effective and environmentally friendly. New active agents and tissues are being developed that can replace existing environmentally harmful active agents such as triclosan and PHMB. They use a different methodology to provide antimicrobial properties to the tissue.
Antimicrobial textiles have several health benefits, as they prevent the expansion of harmful microbes on the material; As a result, it is employed in various end-use industries where hygiene is important. However, antimicrobial textiles are impregnated with antimicrobial chemicals; some of these chemicals can pose a risk to health and the environment. The challenge for the manufacturer is to overcome the environmental and health problems associated with releasing the antimicrobial content to the environment.
By active agents:
Synthetic organic compounds are less expensive than metals and metal salts and bio-based active agents. The high efficacy of these compounds against a broad spectrum of microbes is predicted to boost the antimicrobial textile market.
The use of antimicrobial textiles in medical applications is predicted to become the largest application segment during the foreseen period.
Cotton is an important fabric employed in various applications including medical textiles, apparel, commercial textiles, automotive, home textiles, and other applications, as cotton is a natural fabric and therefore more sensitive to microbial attacks. This will drive call for antimicrobial cotton textiles during the foreseen period.
North America accounted for the majority of the antimicrobial textile market and this trend is predicted to continue during the foreseen period. In North America, the United States, Canada, and Mexico are estimated to be the main players in the region. Growing consumer awareness of the spread of the disease has led to a call for better quality material with regard to maintaining health and hygiene, which will boost the market for antimicrobial textiles in the region. The expansion of the regional market during the foreseen period is due to the growing consumer awareness of hygiene seen in the population of countries like the United States. curbing microbial contamination of tissues and thus avoiding dangerous effects on user health will improve the reach of the product in the region.
Asia-Pacific has become one of the most promising markets for antimicrobial textiles in recent years. The Asia-Pacific regional market has shown the fastest-growing volume and value and has been the focal point of technological advancements. In this region, the burgeoning industrial sector, lifestyle change, growing call for innovative textiles, and rising wealthy consumers are some of the main factors supporting the call for antimicrobial textiles. Furthermore, the modernization of the healthcare sector in this region in response to the growing call for hygienic and healthier products is predicted to further boost the market for antimicrobial textiles in the region.
The leading antimicrobial textile 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).
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Active Agents
5.1.2 Synthetic Organic Compounds
5.1.3 Metal and Metallic Salts
5.1.5 Y-o-Y Growth Analysis, By Active Agents
5.1.6 Market Attractiveness Analysis, By Active Agents
5.1.7 Market Share Analysis, By Active Agents
5.2.2 Medical Textiles
5.2.4 Home Textiles
5.2.5 Y-o-Y Growth Analysis, By Application
5.2.6 Market Attractiveness Analysis, By Application
5.2.7 Market Share Analysis, By Application
5.3.5 Y-o-Y Growth Analysis, By Fabric
5.3.6 Market Attractiveness Analysis, By Fabric
5.3.7 Market Share Analysis, By Fabric
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
18.104.22.168 By Geographical Area
22.214.171.124 By Active Agents
126.96.36.199 By Application
188.8.131.52 By Fabric
6.1.4 Market Attractiveness Analysis
184.108.40.206 By Geographical Area
220.127.116.11 By Active Agents
18.104.22.168 By Application
22.214.171.124 By Fabric
6.1.5 Market Share Analysis
126.96.36.199 By Geographical Area
188.8.131.52 By Active Agents
184.108.40.206 By Application
220.127.116.11 By Fabric
6.2 North America
6.1.2 United States
6.3.6 South Korea
6.5 Latin America
6.4.5 Rest of Latin America
6.6 Middle East & Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Milliken & Co
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 PurThreads Technologies Inc
8.3 Vestagen Protective Technologies Inc
8.4 Herculite Inc
8.5 Smith & Nephew PLC
8.7 Unitika Ltd
8.8 Trevira GmbH
8.9 Thai Acrylic Fibre Co. Ltd
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures