Antimicrobial Fabrics Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Introduction

An antimicrobial fabric is a textile that is treated to help inhibit or destroy the growth of disease-causing microbes. The market for antimicrobial fabrics has witnessed significant growth due to rising demand from various applications such as medical, home and apparel. The major factors driving the growth of market include rising awareness about advantages of antimicrobial textiles and rising focus towards hygiene among the consumers, globally.

Market Dynamics

The increase in demand for fabrics that provide high-performance and microbe resistant fabrics for an increased number of application areas have led to the growth of antimicrobial fabrics market. Increased use of antimicrobial fabrics in healthcare sector is expected to change the dynamics of the market in near future. However, growing opportunities across Asia-Pacific market; as well as technological advances and increasing applications such as medical and apparel are the major opportunity areas for the market. The major challenges can be attributed to the fluctuation in raw material prices, environment and health concerns and compliance to stringent regulations.

Market Classification and Overview

The antimicrobial fabrics market is bifurcated on the basis of agent, application, end use industry, and geography. The different types of antimicrobial fabric agents include synthetic organic compounds, metal & metallic salts and bio-based among others. Synthetic organic compounds segment is estimated to be the largest segment as its antimicrobial effectiveness against microorganisms caters to a large set of applications. Metal & metallic salts is the fastest growing market owing to its ability to enhance anti-microbial activity by killing microbes that bind to intracellular proteins and inactivates them in the fabric. Based on application, the market is segmented into commercial, apparel, medical and home among others. Medical is the largest application segment and is projected to experience fastest growth due to the growing healthcare industry. Based on end use industry, the market is further segmented into healthcare, consumer, industrial and others. Healthcare accounts for majority of the global consumption of antimicrobial fabrics market and led the global antimicrobial fabrics market followed by consumer and industrial segments. Healthcare is the fastest growing market owing to increase in demand for increasing consumer awareness in health and hygiene and the increasing use of antimicrobial fabric in medical products globally.

Regional Overview

The market for antimicrobial fabrics is segmented into regions such as North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa (MEA). Asia-Pacific was the major contributors to the growth of antimicrobial fabrics market in 2015. Europe was the second biggest market followed by North America. The market for antimicrobial fabrics in Asia-Pacific is further projected to witness highest growth in coming years owing to increasing economic growth rates, rising disposable incomes, changing lifestyles, and significant investments across industries such as healthcare and consumer in the region. The Europe market for antimicrobial fabrics is likely to grow at a significant rate owing to the increase in demand of antimicrobial medical fabrics, growing population, changing consumer attitudes towards health & hygiene, and availability of new medical technologies.

Report Coverage

Market	Antimicrobial Fabrics Market
Analysis Period	2015 – 2026
Historic Data	2015 – 2016
Base Year	2017
Forecast Data	2018 – 2026
Market Stratification	Agent, Application, End-Use Industry, Geography
Regional Scope	North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)
Report Coverage	Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis

Market Participants

SANITIZED AG, Microban International, Ltd., Sciessent LLC, Milliken Chemical, The Dow Chemical Company, Lonza Group AG, Trevira GmbH, Herculite Products, Inc., LifeThreads LLC, PurThread Technologies, Inc., Unitika Trading Co., Ltd., BioCote Ltd., BASF SE, and Vestagen Protective Technologies, Inc. are the key players in the antimicrobial fabrics market. These players involved have adopted the strategies including mergers and acquisitions with local as well as established players.

Market Segmentation

Market By Agent

·         Synthetic Organic Compounds

·         Metal & Metallic Salts

·         Bio-based

·         Others

Market By Application

·         Commercial

·         Apparel

·         Medical

·         Home

·         Others

Market By End-Use Industry

·         Healthcare

·         Consumer

·         Industrial

·         Others

Market By Geography

·         North America

o   US

o   Canada

o   Mexico

·         Europe

o   UK

o   Germany

o   France

o   Rest of Europe

·         Asia-Pacific

o   China

o   Japan

o   India

o   Australia

o   Rest of Asia-Pacific

·         Latin America

o   Brazil

o   Rest of Latin America

·         Middle East and Africa (MEA)

o   South Africa

o   Saudi Arabia

o   Rest of MEA