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Antimicrobial Textile Market worth $14.7 billion by 2026 | Key players Milliken & Company (US), PurThread Technologies (US), Trevira GmbH (Germany).

03-05-2024 04:47 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets

Antimicrobial Textile Market, Antimicrobial Textile, Textile Market, APAC Antimicrobial Textile Market, Europe Antimicrobial

Antimicrobial Textile Market, Antimicrobial Textile, Textile Market, APAC Antimicrobial Textile Market, Europe Antimicrobial

According to recent market research the "Global Antimicrobial Textile Market by Active Agents (Synthetic Organic Compounds, Metal & Metallic Salts, Bio-based), Application (Medical Textiles, Apparels, Home Textiles), Fabric (Cotton, Polyester, and Polyamide), and Region - Global Forecast to 2026", size is projected to grow from USD 10.7 billion in 2021 to USD 14.7 billion by 2026, at a CAGR of 6.5% from 2021 to 2026. Growth of the market is primarily triggered by the need for hygiene products to combat the increasing number of infections due to microorganisms in various applications such as sportswear, protective wear, curtains & drapes, carpets, surgical supplies & wipes, bedding, intimates, and footwear.

Browse 105 market data Tables and 32 Figures spread through 140 Pages and in-depth TOC on "Antimicrobial Textile Market - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/antimicrobial-textile-market-254286152.html

The synthetic organic compounds segment accounted for the largest market share in the antimicrobial textiles market. Synthetic organic active agents are compounds more stable due to the presence of carbon atoms in their molecular structure. Synthetic organic compounds treated textiles are projected to dominate the market because of its different modes of antimicrobial actions against a variety of microorganisms and easy availability of these agents.

Medical textiles are projected to witness the highest growth in the antimicrobial textiles market. The rising number of infectious diseases through HAIs and cross-infection highlight the need for antimicrobial textiles. Moreover, the rising demand for disposable medical textiles and growing awareness toward hygienic products increases the demand for antimicrobial textiles in the medical industry.

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The APAC region is projected to be the fastest-growing region in the antimicrobial textiles market in terms of both value and volume from 2021 to 2026. This region is witnessing the highest growth rate due to the rapid economic expansion. According to the IMF, China and India are among the fastest-growing economies globally. India is expected to overtake China with the highest growth rate, thus driving the global economy. The rising disposable income of people, shifting of manufacturing facilities from developed regions, such as North America and Europe, and rapidly growing industrial sectors are expected to drive the market in APAC.

Milliken & Company (US), PurThread Technologies (US), Trevira GmbH (Germany), Thai Acrylic Fiber Co. Ltd. (Thailand) and Vestagen Protective Technologies, Inc. (US), amongst others, are the key players operating in the antimicrobial textiles market.

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=254286152

Milliken & Company manufactures and sells chemicals, floor coverings, fabrics, textiles, and composites. The company offers specialty chemical additives and colorants, polymer additives, polypropylene products, and clarifying agents. It is the supplier as well as the consumer of the antimicrobial agent. The company also provides antimicrobial additives for diverse applications such as textile, apparel & footwear, sports & witness, and medical. It also manufactures fabrics for various applications such as military, carpet, medical, workwear, garments, and performance athletic apparel. The company has over 5,500 patents accumulated since 1927. The company has more than 40 manufacturing facilities in the United States, Mexico, United Kingdom, Belgium, France, China, and Australia. The company has offices, support centres, and showrooms in 13 countries. The company operates globally with a presence throughout the North America, South America, APAC, and Europe.

Trevira GmbH manufactures polyester fibers and filament yarns for home and household textiles, apparel, automotive interiors, hygiene textiles, and technical applications. The company was formerly known as Trevira GmbH & Co KG and later in 2000; it changed its name to Trevira GmbH. Trevira produces textile polyester products, in particular, staple fibers, plain, filament, and textured yarns for home and household textiles, automotive interiors, and functional clothing, as well as technical textiles and hygiene products. The company offers antimicrobial fibers and antimicrobial filament yarns for different applications such as apparel, home and contract textiles, and others.

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