Global Bentonite Market Growth, Market Insights and Forecast to 2025Posted by rekha on November 28th, 2019 “The Global Antimicrobial Textile Market was valued at US$ XX Mn 2018 and is expected to grow at a significant CAGR over six years forecast period 2019-2025 owing toincreasing geriatric population together with increasing number of diseases” Precision Business Insights (PBI) in its report titled “Global Antimicrobial Textile Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2018 and Forecast 2019-2025” assesses the market performance over six years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. The global antimicrobial textile market valued US$ XX Mn 2018 and is poised to grow with a CAGR of XX% over 2019-2025. Growing consumer awareness about hygiene in developing countries, increasing geriatric population together with increasing number of diseases, rise in number of minimally invasive surgeries and increasing penetration of antimicrobial textiles in the global textile industry are some key factors boosting the market growth. However, factors such as low efficiency of active agents, volatility in the raw material prices and environment and health concerns are inhibiting the market growth. Global antimicrobial textile market segmented on the basis of agent treated textile, application and region. Request for Sample Report @ https://www.precisionbusinessinsights.com/request-sample?product_id=38006
Medical Textile Segment Accounted for Higher Revenue Share in Antimicrobial Textile Market Based on application, global antimicrobial textile market segmented into Commercial Textiles, Apparel, Medical Textile, Home Textiles and Other Wearables. Medical Textile segment market accounted US$ XX Mn in 2018 and projected to dominate over the forecast period.A textile material precisely designed and manufactured for medical applications such as implants, surgeries, first aid procedures, and clinical treatments is known as the medical textile. Medical textile materials are very exactly made in order to escape any damage to the human body therefore they are non-toxic, biocompatible, and nonallergenic. The use of these textiles depends on their properties such as filtering, lightness, absorption, and flexibility. Some of the usually used medical textiles in day-to-day life are sanitary napkins, diapers, eye lenses, and surgical apparels such as the mask, caps, gowns, patient clothing, and others. Asia Pacific leads the Global Antimicrobial Textile Market
PBI’s global antimicrobial textile market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific accounted for larger revenue share in global antimicrobial textile market with a CAGR of XX% and is expected to grow over the forecast years. The growth in this region is due to changing lifestyles with increasing disposable income of people, significant investment in industries and expansion of medical industry with response to rising awareness of health and hygiene. North America held substantial market growth during estimated period owing to advancements in medical industry.
Launch of newer products, frequent product approvals, patent filings, and strategic alliances are the key strategies adopted by market players
Global antimicrobial textile market further reveals that the key player’s increasingly adopting strategies such as strategic collaborations and expansion of production facilities to meet the demands of the consumers in the market to enhance market revenue share and gaining significant geographic presence across the region. Some of the Key players in the market includeBASF SE (Germany), BioCote Ltd. (UK), Herculite Products, Inc. (US), LifeThreads LLC (US), Lonza Group AG (Switzerland), Microban International, Ltd. (US), Milliken & Company (US), PurThread Technologies, Inc. (US), SANITIZED AG (Switzerland), Sciessent LLC (US), Thai Acrylic Fiber Co., Ltd. (Thailand) and The Dow Chemical Company (US). Detailed Segmentation
By Agent Treated Textile o Synthetic Organic Compound Treated Textiles
o Metal & Metallic Salt Treated Textiles
o Bio-Based
By Application o Commercial Textiles
o Apparel
o Medical Textile
o Home Textiles
o Other Wearables
By Geography o North America
o Europe
o Asia-Pacific
o Latin America
o Middle East and Africa (MEA)
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