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Antimicrobial textiles market to reach US$ 976.3 million by 2023 published by leading research firm

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The Professional Report Antimicrobial Textiles Market Published by Genesis Market Insights. The Report Antimicrobial Textiles Market covers in detail information of Global Strategies, market figures, Regional analysis and others. The report is easier to make a decision and can cover the required assessment and helps to drive the stronger business.

Global Antimicrobial Textiles Market Make an Inquiry about this news was valued at USD 572.1 Million in the year 2017. Global Antimicrobial Textiles Market is further estimated to grow at a CAGR of 9.32% from 2018 to reach USD 976.3 Million by the year 2023.

European region holds the highest market share in 2017 while Asia Pacific market is considered as the fastest growing market in the forecasted period. At a country level, emerging markets like India, China, and Japan with the highest population are the major market in 2017 and it is further anticipated to grow at a steady pace in the next 5 years.

Koninklijke Ten Cate bv. (Netherlands), GSE Environmental (US) and Low & Bonar (UK) are some of the key players in the Antimicrobial Textiles market with highest market share was held by Koninklijke Ten Cate in 2016. Better global reach, both at production and at an operational level is the main reason for holding this highest market share.

Growing research and development expenditures to address changing demand of consumers, new product launches in recent years are some of the key market drivers. Organic growth strategies adopted by most of the top manufacturers in recent years is also providing comprehensive market opportunities for the various stakeholder.

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Drivers:

             Investments in Infrastructure

             Government Regulations

Restraints:

             Degradation of polypropylene

Opportunities:

             Increasing demand for natural fiber Antimicrobial Textiles

Challenges:

             The high cost of production

Amongst various Implementation Type, Road constructions segment is expected to grow at the highest CAGR during the year 2018-2023 because of the growing popularity and availability during the forecast period. By type, the global antimicrobial textiles market is segmented as synthetic and natural textiles.

On the other hand Woven, Non-Woven and Knitted are the product type.

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Key Benefits for Stakeholders

Antimicrobial Textiles Manufacturers, Distributors and Retailers

Research and Consulting organization

Technology Standards Organizations, Forums, Alliances and Associations

End-use industries

Regulatory bodies, policy actors, and consumers.

By Type

Synthetic

Natural

By Implementation Type

Road Construction

Railways

Agriculture

Others

By Product Type

Woven

Non-Woven

Knitted

By Region

North America

Europe

Asia-Pacific

LAMEA

Key Market Players

1 Koninklijke Ten Cate bv. (Netherlands)

2 GSE Environmental (US)

3 Low & Bonar (UK)

4 NAUE GmbH & Co. KG (Germany)

5 Officine Maccaferri SpA (Italy)

6 Fibertex Nonwovens A/S (Denmark)

7 Huesker Synthetic GmbH (Germany)

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News From

Genesis Market InsightsGenesis Market Insights
Category: Market Research Publishers and RetailersCompany about: Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across the globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation. With its exhaustive research capabilities, strong analytics services and in-house data validation tools, ...
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