Antimicrobial Polyamide Textiles Market Forecast and CAGR
According to latest research by Fact.MR, antimicrobial polyamide textile market is anticipated to note steady growth during the assessment period of 2021-2031. Demand for antimicrobial textiles will witness a highly optimistic growth outlook in the coming decade. Buffered demand from apparel applications witnessed in the year 2020 meant limited opportunities. However, sales of antimicrobial fabric from medical and home applications left with providing exclusive thrust even over the next coming decade. The market is anticipated to showcase its growth at a solid CAGR of 6.5% over the assessment.
Market Dynamics of Antimicrobial Polyamide Textiles
The evolution of antimicrobial textiles is extensively fueled by several factors. Extensive use of the material in medical applications has brought a huge pool of opportunities where the involvement of governing bodies made it mandatory to maintain standards in the use of antimicrobial textiles in the health care industry for prevention of Hospital Acquired Infections (HAIs) to save lives along with huge investment in healthcare industry.
Furthermore, rising living standards along with heavy adoption of fitness & wellbeing opportunities is also set to push the level of usage of antimicrobial textiles globally. Attires, wipes, sheets & blankets, surgical supplies and others are included under medical applications and have lately showcasing huge demand.
The market for polyamide textiles is also being high pushed on various notes of demand. Bio-based active agents being highly prioritized and adopted by manufacturers, the supply is set to be boosted following the same. The business is also set to offer several opportunities for innovation in technology, product and property enhancement.
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COVID-19 impact on Antimicrobial Polyamide Textiles Market
The highly transmissible diseases restricted all the business activities and resulted in a pause in the GDP growth rate. All the industries were impacted severely by novel diseases and antimicrobial textiles market even faced no excuse. Closure of major manufacturing units and muted demand from retail and consumers also drifted apart the market growth and resulted in a contraction of 0.6% in the year 2020. However, the market also witnessed an upward surge in demand from medical applications owing to the increased purchase of PPE kits and other attires which were made mandatory by governing bodies and medical councils all across the globe.
North America Antimicrobial Polyamide Textiles Market Outlook
The United States is one of the world's largest business for antimicrobial polyamide textiles. During the forecast period of 2021-2031, the US antimicrobial textiles business is expected to continue its upward trend.
Demand for active & sportswear in the US and Canada will be led by growing awareness among youth to stay fit and healthy. The demand is also set to be braced by increased adoption of antimicrobial attires as daily wear. However, there exists sluggishness which was welcomed by few backlashes and can be compensated to an extent by increased consumption of textiles for domestic and household usage.
US antimicrobial polyamide textiles sales will also be affected by the factor concerned with the price range of various antimicrobial textiles. Polyester being high used fabric for antimicrobial applications, the market for polyamide-based antimicrobial is set to have been fallen far beyond in the race. However, the region is set to expose high technological advancement and result with easy manufacturing techniques.
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Europe Demand Outlook for Antimicrobial Polyamide Textiles
The COVID-19 situation has had a significant impact on many EU countries, resulting in a drop in wealth creation. However, as in the United States and Canada, the commercial sector in addition to domestic applications in the EU continues to drive demand for antimicrobial textiles.
Despite the COVID-19 challenges, most European countries have maintained steady commercial activities in 2020 post the lockdown. Germany, Italy, and France too will increase resources allocation for developing antimicrobial textiles. The region is creating opportunities for various actors already existing in antimicrobial textiles market.
For polyamide being used for manufacturing antimicrobial textiles, strong projections for Europe's domestic and commercial use can be offset by fluctuations in consumption from the consumer goods sector. Refocus on the development of high-end antimicrobial textiles and polyamide fabrics will remain key to steady demand in long run.
Who are the Key Manufacturers and Suppliers of Antimicrobial Polyamide Textiles?
Leading manufacturers of antimicrobial polyamide textiles include
- Meryl Technologies
- Higher Dinmension Materials Inc.
- Eastex Products Inc.
- Hem Mills
- Swift Textile Metalizing Inc.
- Maine-Lee Technology Group
- LLC / EZ-Glider
- Noble Biomaterials Inc.
- AmTex Products
- Eagle Fabrics
- Dutch Harbor Brands
- Stafford Textile Limited
- ComPlex Plastics Inc.
- Eeonyx Corporation
- IFSCO Industries Inc.
- Tabb Textile Co. Inc.
- Barjan Manufacturing Ltd.
- Duracote Corp.
- Bond Cote Corp.
Most of the key actors in antimicrobial textiles market maintain a balanced version of the businesses with innovative product portfolios and offer highly exclusive products for various sets of applications. The manufacturers also opt for a mix of strategies with minute resourcing from other actors to innovate newer technology and products. Players also opt for various inorganic approaches to experience wider consumer engagement and possess a competitive advantage over others.
An Adaptive Approach to Modern-day Research Needs
Antimicrobial polyamide textiles Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
By Active Agents
- Metal & Metallic Salts
- Bio Agents
- Synthetic Organic Components
- Metal & Metallic Salts
By Finishing Techniques
- Pad Dry Curing
- Military & Defense
- Food Packaging
- Blanks & Bed Sheets
- Surgical Equipment
- Active wear
- Intimate wear
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Argentina & Rest of Latin America
- Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe
- East Asia
- China, Japan, South Korea
- South Asia & Oceania
- India, Thailand, Malaysia, Indonesia, Australia & New Zealand and Rest of South Asia
- Middle East and Africa
- GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa
- North America
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
NOTE: Although care has been taken to maintain the highest levels of accuracy in reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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