Investing in antimicrobial textiles is expected to pay off. As more new products formulated with antimicrobials are introduced, demand for these special textile additives is set to increase. In addition, rising consumer awareness of microbial-related health issues and a growing preference for anti-odor and antibacterial finishes will further boost demand. Growing environmental concern over pesticide use, as well as increasing worldwide regulation restricting their use, may also affect future industry growth. Antimicrobial textile chemicals include biocidal compounds which destroy microorganisms such as bacteria or fungi on contact. They can be effective against a wide range of organisms, including pathogenic ones. These textiles are being used in various consumer applications such as sportswear, home furnishings, car seats, baby clothes and medical supplies.
Growing Demand for Antibacterial and Anti-odor Clothing to Drive growth of Antibacterial Textile Market
The antimicrobial textile market is expected to grow at a healthy CAGR in the years to come. This strong growth is due to both increasing demand for finished textile articles containing antimicrobials and new product introductions using these functionalities. On the other hand, the value of untreated or non-treated yarns is expected to decrease during this period because of higher prices for virgin fibers and the high cost associated with additional processing which may prevent their use by manufacturers. In addition to lower prices and attractive margins, a number of factors are contributing to the increased demand for antimicrobial textiles. These include concerns over hygiene, the spread of infections and allergies, as well as increased awareness of the environmental impact of chemical-based treatments.
Healthcare Industry is Offering Lucrative Opportunity for Antimicrobial Textile Market
The use of antimicrobial textiles in the healthcare industry is growing rapidly due to the ability to reduce the risk of spreading disease between users and help prevent contamination within the hospital environment. This is important in controlling Hospital Acquired Infections (HAI) that are responsible for 99,000 deaths each year in the US alone. The most common types of HAIs are pneumonia, surgical site infections, urinary tract infection and bloodstream infections associated with central lines or indwelling catheters. The most important clinical areas for antimicrobial textile-based products include patient rooms, intensive care units (ICU), operating theaters & recovery rooms.
The market for treated yarns is also benefiting from a growing preference for antibacterial finishes. This is being driven by an increase in incidents of food poisoning, skin problems and other health issues related to microbial contamination. Additionally, there is a heightened awareness of the potential negative environmental impact associated with the use of biocides.
The antimicrobial textile market is expected to increase with the increasing incidence of infectious diseases. However, there are several factors hampering this demand growth. First factor concerns lack of awareness about antimicrobial properties which results in poor sales response. Second factor includes unavailability of efficient technologies for producing good quality products at reasonable costs. Third factor deals with resistance development due to indiscriminate usage of antibiotics and lastly regulatory issues like stringent standards also act as a hindrance towards increased consumption of these products.
Nevertheless, many companies are coming up with novel product applications which is likely to create new growth avenues for this market. For instance, recently a company has launched an antimicrobial yarn which can be used in medical and military garments. This can provide protection against a wide range of pathogens and help in reducing the risk of hospital acquired infections. Thus, technological advancements coupled with rising awareness will steer the demand growth for antimicrobial textile market in the years to come.
North America to Dominate Antimicrobial Textile Market
In recent years, there has been an increase in demand for antimicrobial textile products in North America and Europe. One of the primary reasons for this is the growing awareness of the importance of hygiene and cleanliness. In addition, there is a growing trend among consumers to prefer products that are made from natural materials. Antimicrobial textiles are made from materials that have been treated with a compound that helps to inhibit the growth of bacteria, fungus, and other microorganisms. This makes them ideal for use in a variety of applications, such as healthcare, food service, and travel. The North America antimicrobial textile market is expected to grow significantly in the next few years. This is to the increasing prevalence of infectious diseases, the growing demand for hygienic products, and the rising awareness of the importance of hygiene. The U.S. accounts for the largest share of the North America antimicrobial textile market, followed by Canada and Mexico, based on demand, production volume, national income, lifestyle, etc. Moreover, the demand for antimicrobial textile is increasing focus on safety protocols at public places such as hospitals, schools, sports arenas, etc. which are making stringent hygiene standards.
The Asia Pacific region is anticipated to be the fastest-growing market for antimicrobial textiles, owing to the increasing demand from countries such as China and India. The presence of a large population base, coupled with rising awareness about hygiene, is likely to result in a high demand for antimicrobial textiles in this region over the next few years. Moreover, the rapid industrialization and growth of the manufacturing sector countries such as China and India are also expected to boost the demand for antimicrobial textiles in this region.
Key Players in Antimicrobial Textile Market
Some of the key players in antimicrobial textile market are PurThread Technologies (US), Milliken & Company (US), Trevira GmbH (Germany), Vestagen Protective Technologies, Inc. (US), and Thai Acrylic Fiber Co. Ltd. (Thailand).
Key Elements Included In The Study: Global Antimicrobial Textile Market
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