| According to a market research report, the “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. Antimicrobial textiles are fiber-based substrates on which antimicrobial agent is either coated or incorporated, to either kill or inhibit the growth of microorganisms. Antimicrobial textiles is widely used and preferred in various applications such as sportswear, protective wear, curtains & drapes, carpets, surgical supplies & wipes, bedding, intimates, and footwear.
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- 105 Market data Tables
- 32 Figures
- 140 Pages and in-depth TOC on “Antimicrobial Textile Market – Global Forecast to 2026″
This report also provides a comprehensive analysis of the companies listed below:
The antimicrobial textiles market has thousands of companies that thrive in their domestic market. A few of the major players are, Milliken & Company (US), PurThread Technologies (US), Trevira GmbH (Germany), Thai Acrylic Fiber Co. Ltd. (Thailand) and Vestagen Protective Technologies, Inc. (US), among others. These players have adopted various growth strategies, such as mergers & acquisitions, and expansions, to increase their market shares and enhance their product portfolios.
Acquisitions, joint ventures and expansions accounted for the largest share of all the strategic developments that took place in the antimicrobial textiles market between 2016 and 2021. Key players such as Milliken & Company and Trevira GmbH adopted these strategies to enhance their business, market presence, and meet consumer demand.
Recent Developments in Antimicrobial Textile Market
- In March 2021, Milliken & Company has formally acquired Zebra-chem GmbH. Peroxide masterbatches, like those from Zebra-chem and Milliken, make it possible to incorporate up to 100% recycled content into these new plastics.
- In Jan 2020, Milliken & Company, has formally acquired Borchers Group Limited (“Borchers”), a global specialty chemicals company known for its innovative high-performance coating additives and specialty catalyst solutions from The Jordan Company, L.P.
- In May 2018, The company expanded its Guben site in Germany. This expansion will in Invest in equipment, which will affect all of the processes (polycondensation, spinning and textile processing) at its Guben site, where the company produces filament specialties for the textile industry.
- In Feb 2018, Mitsui & Co. (US) Inc. and PurThread Technologies Inc. entered into a distributorship agreement for Mitsui USA to bring PurThread’s patented permanent antimicrobial fibers and yarns to textiles and soft goods across Mitsui & Co.’s vast production and distribution networks in Japan.
- In August 2017, The company declared a partnership with Standard Textile Co., Inc. (US) to promote and sell its active barrier VESTEX garments for healthcare workers.
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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.
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.
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