Global Antimicrobial Textiles Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Antimicrobial Textiles Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Antimicrobial Textiles are made or treated with antimicrobial chemicals which restrain the growth of bacterial microbes on the fabric. They are in huge demand from the healthcare industry as they find use in clinics and hospitals owing to hygiene and increasing healthcare awareness.

Market Overview:

The latest research study on the global Antimicrobial Textiles market finds that the global Antimicrobial Textiles market reached a value of USD 10862.03 million in 2022. It’s expected that the market will achieve USD 736.95 million by 2028, exhibiting a CAGR of -36.14% during the forecast period.

Drivers

The top driver of the global antimicrobial textiles market is the increasing demand for high-performance and microbe resistant fabrics for an increasing number of application areas and technological developments for the production of such textiles. The entry of a large number of local players and persistent research and development efforts for the development of active ingredients that do not pass through the skin and are not harsh on the skin are further driving the market’s growth.

Opportunities

Medical is expected to be the fastest-growing application segment of the market due to the rapid expansion of the healthcare industry worldwide, increasing usage of antimicrobial textiles in hospital settings, and rising consumer awareness about health and hygiene. Apparel is also expected to rise at a significant rate due to the growing demand for antimicrobial textiles for sportswear and inner garments.

Moreover, strict environmental regulations in regional markets for the use of antimicrobial products that contain harmful chemicals will present growth challenges to the antimicrobial textiles markets in these regions. Fluctuations in raw material prices will further hinder the growth of this market.

Region Overview:

North America had the highest growth rate of all regions.

Company Overview:

Milliken Chemical is one of the major players operating in the Antimicrobial Textiles market, holding a share of 16.57% in 2018.

Milliken & Company is a diversified industrial manufacturer that has been in business since 1865. With corporate headquarters located in Spartanburg, South Carolina, the company is active across a breadth of disciplines including specialty chemical, floor covering, and performance and protective textile materials.

The Trevira GmbH is a manufacturer of branded fibers and - filament yarns for technical applications and hygiene products, home textiles, automotive interiors and functional clothing. The company is based in Bobingen near Augsburg in Bavaria.

Segmentation Overview:

Among different product types, Metal & Metallic Salts segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Medical segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Antimicrobial Textiles market covered in Chapter 3:

Lonza Group AG
PurThread Technologies
Herculite Products
Microban International
BioCote
Sanitized
Unitika
The Dow Chemical Company
Vestagen Protective Technologies
Sciessent LLC
Trevira GmbH
Milliken Chemical

In Chapter 4 and Chapter 14.2, on the basis of types, the Antimicrobial Textiles market from 2018 to 2029 is primarily split into:

Metal & Metallic Salts
Synthetic Organic Compounds
Bio-based

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Antimicrobial Textiles market from 2018 to 2029 covers:

Medical
Apparel
Home
Commercial
Other Wearables

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)