The antimicrobial textile market is projected to grow at a CAGR of 7.4 per cent from 2016 to 2026. Growth is primarily led by the need for hygiene products to combat increasing number of infections due to microorganisms, increasing end-use applications such as medical textiles and apparel, technological advances, and the high demand in the Asia-Pacific region.
The antimicrobial textile market is on the basis of application into commercial, apparel, home, medical, and other wearables. Among these, the medical segment is projected to grow at the fastest rate over the forecast period as a result of rising risk of diseases due to hospital acquired infections and the need to prevent transmission of infections.
Rising demand for antimicrobial textiles is driving the market in Asia-Pacific region. The market is driven by increased demand from China and India. China is the largest market in the region. Rapid industrialisation, changing lifestyles, rising disposable incomes, and the expansion in the healthcare as well as technical textile industries is expected to drive the antimicrobial textiles market in the region.
Some of the key players are: Sanitized, Microban, Sciessent, Milliken Chemical, Dow Chemical Company, Lonza Group, Trevira and Vestagen Protective Technologies.