(I-BusinessNews.Com, November 26, 2018 ) Global Antimicrobial Textiles Industry was valued at USD 572 Million in the year 2017. Global Antimicrobial Textiles Industry is further estimated to grow at a CAGR of 9.32% from 2018 to reach USD 1166.76 Million by the year 2025. European region holds the highest Industry share in 2017 while Asia Pacific Industry is considered as the fastest growing Industry in the forecasted period. At a country level, emerging Industry like India, China, and Japan with the highest population are the major Industry in 2017 and it is further anticipated to grow at a steady pace in the next 5 years.
The major market players in Antimicrobial Textiles Industry are Koninklijke Ten Cate bv., GSE Environmental, Low & Bonar, NAUE GmbH & Co. KG, Officine Maccaferri SpA, Fibertex Nonwovens A/S, Huesker Synthetic GmbH and Other 13 companies detailed information is provided in research report. Better global reach, both at production and at an operational level is the main reason for holding this highest Industry share. Growing research and development expenditures to address changing demand of consumers, new product launches in recent years are some of the key Industry drivers. Organic growth strategies adopted by most of the top manufacturers in recent years is also providing comprehensive Industry opportunities for the various stakeholder.
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Strength
Investments in Infrastructure
Government Regulations
Weakness
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 2018-2025 because of the growing popularity and availability during the forecast period. By type, the global antimicrobial textiles Industry is segmented as synthetic and natural textiles. On the other hand Woven, Non-Woven and Knitted are the product type.
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By Product Type
Woven
Non-Woven
Knitted
By Type
Synthetic
Natural
By Implementation Type
Road Construction
Railways
Agriculture
Others
By Region
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
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APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa
Qurate Business Intelligence
Nehal Chinoy
+919881074592
nehal@qurateresearch.com
Source: EmailWire.Com