Antimicrobial Textiles Market Size Covers Global Industry Analysis, Size, Share, CAGR, Trends, Forecast and Business Opportunity.
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Global Antimicrobial Textiles Market to reach USD 946.0 million by 2025.
Global Antimicrobial Textiles Market valued approximately USD 504.7 million in 2016 is anticipated to grow with a healthy growth rate of more than 7.23 % over the forecast period 2017-2025. Increasing demand for high-performance and microbe resistant fabrics for an increasing number of application areas and technological developments in the production of such textiles. Large numbers of local players are entering the market for persistent research and development efforts, and these efforts are the boom for the development of active ingredients that do not pass through the skin and are not harsh on the skin is tending towards driving the market growth. Increasing usage of antimicrobial textiles in hospitals, rising consumer awareness about health and hygiene is also driving the segment. Apparel is also expected to increase at a significant rate due to the growing demand for antimicrobial textiles for sportswear and inner garments.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
o Synthetic Organic Compounds
o Metal & Metallic Salts
By Finishing Techniques
oFoam Finishing Method
oRest of the World
Furthermore, years considered for the study are as follows:
Historical year “ 2015
Base year “ 2016
Forecast period “ 2017 to 2025
Some of the key manufacturers involved in the market are Sanitized AG, Microban International, Ltd, Sciessent, Unitika Trading Co., Ltd, BASF SE, The DOW Chemical, Lonza Group Ltd, Biocote, Trevira GMBH, Herculite Products, Inc. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global Antimicrobial Textiles in Market Study:
oKey Consulting Companies & Advisors
oLarge, medium-sized, and small enterprises
oValue-Added Resellers (VARs)
oThird-party knowledge providers
Key factors influencing market growth:
- New application developments and product designs.
- Falling prices of the Antimicrobial Textiles.
- Strict government norms along with the administrative support and R&D subsidization.
- Geographic expansion by major market players as well as new entrants.
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To summarize, the Antimicrobial Textiles market report studies the contemporary market to forecast the growth prospects, challenges, opportunities, risks, threats, and the trends observed in the market that can either propel or curtail the growth rate of the industry. The market factors impacting the global sector also include provincial trade policies, international trade disputes, entry barriers, and other regulatory restrictions.
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