Global Antimicrobial Textile Additive Market, By Active Agents (Synthetic Organic Compounds, Metal and Metallic Salts, Bio-based), Fabric (Cotton, Polyester, Polyamide, Others), Application (Medical Textile, Apparels, Technical Textiles, Domestic Textiles) Country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, And Rest Of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Antimicrobial Textile Additive Market
Data Bridge Market Research analyses that the Antimicrobial textile additive market will witness a CAGR of 6% in the forecast period of 2021 to 2028 and is likely to reach at USD 14,400 million by 2028.
Antimicrobial textile additives are the type of active agents which are applied to the fabrics at any stage of the production procedure to change their surface characteristics. These additives constrain the growth and production of microorganisms and change the physio-chemical characteristics of the fabric.
The major factor driving the expansion of the antimicrobial textile additive market is rising demand for antimicrobial textile from industrial and house textile applications due to their effective performance and sturdiness. Furthermore, the increase in the application of antimicrobial textiles in medical textiles and rise in the consumer awareness regarding hygiene in emerging economies are also expected to drive the growth of the antimicrobial textile additive market. In addition, constant research and technological advancements and high demand for antimicrobial textiles in healthcare industry are expected to create ample opportunities for the antimicrobial textile additive market in the forecast period of 2021 to 2028.
However, the volatility in raw material prices and low efficiency of active agents are likely to hamper the growth of the antimicrobial textile additive market in the forecast period of 2021 to 2028, whereas the environmental and health concerns associated with antimicrobial textiles will challenge the growth of the market.
This antimicrobial textile additive market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on antimicrobial textile additive market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Antimicrobial Textile Additive Market Scope and Market Size
The antimicrobial textile additive market is segmented on the basis of active agent, fabric and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of active agent the antimicrobial textile additive market is segmented into synthetic organic compounds, metal and metallic salts, and bio-based.
- On the basis of fabric the antimicrobial textile additive market is segmented into cotton, polyester, polyamide, and others.
- On the basis of application, the antimicrobial textile additive market is segmented into medical textile, apparels, technical textiles, and domestic textiles.
Antimicrobial Textile Additive Market Country Level Analysis
The antimicrobial textile additive market is analyzed and market size, volume information is provided by country, active agent, fabric and application as referenced above.
The countries covered in the antimicrobial textile additive market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the antimicrobial textile additive market and will continue to flourish its dominance during the forecast period due to the high demand for the product in the well-established healthcare industry in the region. Asia-Pacific will continue to project the highest CAGR for this period owing to rapid industrialization and urbanization
The country section of the antimicrobial textile additive market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Antimicrobial Textile Additive Market Share Analysis
The antimicrobial textile additive market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to antimicrobial textile additive market.
The major players operating in the antimicrobial textile additive market report are Ashland, Dow, Chevron Phillips Chemical Company, BASF SE, Exxon Mobil Corporation, Solvay, NALCO India, Air Products and Chemicals, Inc., 3M, FMC Corporation, Akzo Nobel N.V., SNF Group, NASCO, Clariant, Huntsman International LLC., Orica Limited., ArrMaz, and Kemira among others.
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