ID: MRFR/CnM/6869-HCR | 111 Pages | Author: Anshula Mandaokar | May 2023
According to MRFR analysis, the Antimicrobial Textile Additive Market is projected to register a CAGR of 5.7% to reach USD 13.1 Billion by the end of 2027.
Antimicrobial textile additives are active agents that can be applied to the fabrics at any stage of the production process to change their surface characteristics. These additives inhibit the growth and proliferation of microorganisms and alter the physio-chemical characteristics of the fabric. Thus, the fabrics showcase high degrees of performances in terms of longevity and durability when compared to conventional natural or synthetic fabrics. Owing to the aforementioned properties the antimicrobial textile additives are widely used in the manufacturing of sportswear, intimates, technical textiles and other range of textile products. Due to the potential resistance to pathogens, the antimicrobial textile additives are majorly used in foray of healthcare and hospital applications such as wound textile, medical masks, hospital gloves, and beddings. In the market, some of the popular antimicrobial textile additive trade names: AlphaSan, Silvadur, Cosmocil CQ, Saraguard-5700, Irgaguard, Silpure, and SmartSilver.
The major factor driving the growth of the market is rising demand for antimicrobial textile for multifarious industrial and household textile applications owing to their effective performance and durability. The most prominent among all the industrial applications is the surging demand for healthcare and medical textiles in the developing economies across the globe. The expanding healthcare industry in developing countries such as China and India offer a huge scope for the utilization of antimicrobial textiles. The latter thus create lucrative opportunities for the players operating in antimicrobial textile additives. For instance, according to India Brand Equity Foundation (IBEF), the Indian hospital industry is projected to register a healthy CAGR of 16-17% and is expected to reach USD 132.84 billion by 2022 from 61.79 billion in 2017.
Furthermore, the up-surging interest to produce high-performance automobile textiles, and sports clothing coupled with rising awareness of general sanitation and prevention against Hospital Acquired Infections (HAIs) is further expected to drive the market growth for antimicrobial textile additives during the review period.
However, the fluctuating raw material prices and stringent regulations pertaining to the use of certain antimicrobial additives such as PHMB and Triclosan in certain regions are likely to hamper the global antimicrobial textile additive market in the foreseen period.
In 2018, the antimicrobial textile additives market was priced around USD 1800 to USD 2400 per ton across the globe. The product has witnessed a gradual rise of USD 0.15 to USD 0.40 in its price from 2016 till 2018 and this trend is likely to continue during the forecast period owing to fluctuating raw material prices.
The stringent standards for evaluating antimicrobial finishes on textiles are likely to boost the demand for antimicrobial textile additives during the forecast period. Some of the standards are the American Association of Textile Chemists and Colorists Standards- AATCC 147-2004 for “Quantitative Assessment by Parallel Streak Method”, AATCC 100-2004 for “Quantitative Assessment by Percentage Reduction Test”, AATCC 174 for “Antimicrobial activity assessment of carpets”; Swiss Norm - SN 195920-1992 for “Quantitative Assessment by Agar Diffusion Method”; International Standard -ISO 20743 for “Determination of Antibacterial Activity of Antibacterial Finished Products”; Japanese Industrial Standards- JIS L 1902-2002 for “Testing for antibacterial activity and efficacy on textile products”
By Active Agents
|Market Size||2030: USD 13.1 Billion|
|Historical Data||2019 & 2020|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Active Agents, Fabric, Application and Region|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||BASF SE (Germany)—IRGAGUARD, Sanitized AG (Switzerland)—Sanitized, Merck KGaA (Germany)—Irgasan, Lonza (Switzerland)—Cosmocil CQ, Thomson Research Associates, Inc (Canada)—Ultra fresh, Milliken & Company (US)—AlphaSan, DuPont (US)—SILVADUR, Sarex (India)—Saraguard 5700, Sciessent (US)—Agion, BioCote Limited (UK)—BioCote, Microban International (US)—AEGIS, Microban, F Group Nano (US)—SmartSilver|
|Key Market Opportunities||Fluctuating raw material prices|
|Key Market Drivers||High demand for eco-friendly, hygienic and non-toxic textiles in medical and healthcare applications. Growing awareness related to pathogenic effects and health risks associated with some microorganisms.|
The upsurge in demand for antimicrobial textiles is likely to promote the market.
A 5.7% CAGR is estimated to lead the global market in the approaching period.
Sanitized AG, BASF SE, Lonza, and BioCote Limited are estimated to spur the overall market growth.
A USD 13.1 Billion is foreseen to boost the market standing in the forecast period.
The region of North America is estimated to add considerably to the global market.
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