The Nanotechnology Clothing Market size is estimated to grow from USD 5.20 Billion in 2019 to USD 18.45 Billion by 2027, growing at a CAGR of 25.5% during the forecast year from 2021 to 2027
Latest added Nanotechnology Clothing Market research study by MarketDigits offers detailed product outlook and elaborates market review till 2027. The market Study is segmented by key regions that is accelerating the marketization. At present, the market is sharping its presence and some of the key players in the study are Nano Textile, Colmar, Shanghai Huzheng, Nano Technology, eSpin Technologies, FTEnE, Parker Hannifin, Schoeller Technologies, Odegon Technologies, Aspen Aerogel, BASF, Oxford Nanopore Technologies, Nantero, Liquidia Technologies,, DigiLens Inc., StoreDot, Abionic, Lyncean Technologies, NuMat Technologies, Nanotech Industrial Solutions, Aspen, and Aerogel. The study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.
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This report studies the Nanotechnology Clothing Market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the Nanotechnology Clothing Market by companies, region, type and end-use industry.
Scroll down 100s of data Tables, charts and graphs spread through Pages and in-depth Table of Content on “Nanotechnology Clothing Market, By Type (Nanocoated Textiles, Nanoporous Textiles), Application (Healthcare, Packaging, Sports and Leisure, Defense), End-User (Men, Women) and Geography: Global Forecast to 2027”. Early buyers will get 10% customization on study.
To Avail deep insights of Nanotechnology Clothing Market Size, competition landscape is provided i.e. Revenue Analysis (M $US) by Company (2018-2020), Segment Revenue Market Share (%) by Players (2018-2020) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future.
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The nanotechnology clothing market consists of sales of clothes that use nanotechnology or nano fabrics. Nanoparticles are increasingly used along with fibers or as a coating on clothing to enhance the surface characteristics of clothes such as microbicidal, waterproof, antistatic or UV-protection, color durable, dirt-resistant, odor-resistant, stain-resistant, wrinkle-resistant, and better thermal performance. The nanotechnology applications include nanowhiskers, silver nanoparticles, nanopores, and nanoparticles.
The global nanotechnology clothing market is expected grow from $4.24 billion in 2020 to $6.3 billion in 2021 at a compound annual growth rate (CAGR) of 48.6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $14.52 billion in 2025 at a CAGR of 23%.
The nanotechnology clothing market covered in this report is segmented by type into nanocoated textiles; nanoporous textiles; fabrics consisting of nanofiber webs; composite fibers based on nanostructures and by application into healthcare; packaging; sports and leisure; defense; home and household; environmental protection; geotextiles; others.
The rising use of nanotechnology clothing in the medical industry, owing to its anti-microbial properties, is expected to drive the nanotechnology clothing market. Nanotechnology clothing offers the anti-microbial property to fight against microorganisms such as viruses, fungi, and bacteria. The companies functioning in the nanotechnology clothing market are introducing medical products to deal with microorganisms. For instance, in March 2020, Anxin, a Zhuhai-based mask manufacturer came up with bacteria-killing reusable nano-silver masks to meet the increasing demand for face masks post-COVID-19 outbreak. The nano-silver particles continuously release irons that are capable of killing bacteria and viruses. Therefore, the growing usage of nanotechnology fibers or clothing in the healthcare industry is projected to boost the revenues for the nanotechnology clothing market over the forthcoming years.
The toxicity of nanomaterials is expected to hinder the nanotechnology clothing market’s growth during the forecast period. According to the Indonesian Journal of Electrical Engineering and Computer Science, nanomaterials or nanoparticles are toxic to the human body and can easily enter the circulatory system through skin, lungs, and intestinal organs. The inhalation of nanomaterials leads to the entry of these materials into the human body and then reaches the brain causing damage or death. Thus, the toxicity of nanomaterials is anticipated to hamper the growth of the nanotechnology clothing market during the forecast period.
The launch of new products incorporating wearable technology is a key trend shaping the growth of the market. Major players operating in the nanotechnology clothing market are launching a new line of clothing with wearable technology in order to maintain their competitive position in the global market. For instance, in January 2019, Teijin Frontier, a textile company of the Teijin Group launched a new line of sportswear and other clothing incorporating wearable solutions. The company showcased the product range at the 5th Wearable Expo at Tokyo Big site, a leading trade fair for wearable devices and related technology. The integration of technology with nano clothing is projected to be a major trend in the nanotechnology clothing industry over the next coming years.
The major players covered in the global nanotechnology clothing market are Nano Textile, Colmar, Shanghai Huzheng Nano Technology, eSpin Technologies, FTEnE, Parker Hannifin, Schoeller Technologies, Odegon Technologies, Aspen Aerogel, BASF, Oxford Nanopore Technologies, Nantero, Liquidia Technologies, DigiLens Inc., StoreDot, Abionic, Lyncean Technologies, NuMat Technologies, Nanotech Industrial Solutions, Aspen, Aerogel, NanoHorizons, Nanex, Schoeller Technologies, Odegon Technologies, Global Photonic, Konara.
The countries covered in the global nanotechnology clothing market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The regions covered in the global nanotechnology clothing market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global nanotechnology clothing market is segmented –
1) By Type: Nanocoated Textiles, Nanoporous Textiles, Fabrics Consisting of Nanofiber Webs, Composite Fibres based on Nanostructures
2) By Application: Healthcare, Packaging, Sports and Leisure, Defense, Home and Household, Environmental Protection, Geotextiles, Others
3) By End-User: Men, Women, Kids
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