Global Antimicrobial Textile Market- Forecast and Analysis (2019-2026)Posted by rahul on February 15th, 2021 Global Antimicrobial Textile Market was valued at USD xx billion in 2019 and is expected to reach at USD xx billion by 2026 at a CACR of xx% during forecast period 2019-2026. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Global Antimicrobial Textile Market Drivers and Restrains: Global Antimicrobial Textile Market is mainly driven by factors such as Increasing geriatric population, technological advancements and regulations promoting the use of antimicrobial textiles. High demand from the wound care market, which comprises of products such as non-implantable goods and healthcare & hygiene products can stimulate the market growth. The increasing number of hospitals and government initiatives aimed at creating awareness about first-aid kits are expected to augment the demand for these products over the forecast period. Apart from the healthcare industry, antimicrobial textiles market has a huge demand from the sports industry. Large scale use of antimicrobials in sports apparels and inner garments is expected to drive the global antimicrobial textiles market during forecast period. However, strict environmental regulations for the use of antimicrobial products that contain harmful chemicals can act as a hindrance in the growth of antimicrobial textiles markets. Global Antimicrobial Textile Market Segment Analysis: Based on Active Agents global antimicrobial textile market is segmented into Synthetic Organic Compounds, Metal & Metallic Salts and Bio-based active agents. The synthetic organic compounds are expected to be the fastest-growing segment at a CAGR of xx% during the forecast period. Synthetic organic compounds are cheaper than metal & metallic salts and bio-based active agents. Synthetic organic compounds include quaternary ammonium compounds, triclosan, and polyhexamethylene biguanides. Metallic salts based products possess superior properties leading to their increasing use in the product manufacturing. Silver metallic salts are preferred by manufacturers due to the ease of application and their ability to provide an excellent antimicrobial finish. Antimicrobial Textile Market Global Antimicrobial Textile Market Regional Analysis: Geographically, Global Antimicrobial Textile Market is segmented into North America, APAC, Europe, and MEA& Africa. North America is projected to be the largest market during the forecast period. The increasing usage of implantable goods in North America on account of the shortcomings in existing drug therapies, treatment, and management of orthopaedic, cardiovascular, ophthalmic, neurological, and various other chronic disorders is expected to propel medical textiles market. In addition to that, ongoing advancements in biotechnology will lead to the commercialization of new and improved products, thereby augmenting market growth in the region. visit at-https://www.maximizemarketresearch.com/market-report/global-antimicrobial-textile-market/33646/
Global Antimicrobial Textile Market Segmentation by Active Agents • Synthetic Organic Compounds • Medical Textiles • North America • Milliken & Co.(US)
Maximize Market Research provides B2B and B2C market research on Like it? Share it! More by this author |