The global nanotechnology clothing market is expected to decline from $7.42 billion in 2019 to $5.3 billion in 2020 at a compound annual growth rate (CAGR) of -28.56%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $10.5 billion in 2023 at CAGR of 25.56%.
Read More On The Global Nanotechnology Clothing Market Report At –
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.
Global Nanotechnology Clothing Market Segmentation –
The nanotechnology clothing market covered in this report is segmented
1. By Type: Nanocoated Textiles, Nanoporous Textiles, Fabrics Consisting of Nanofiber Webs, Composite Fibers based on Nanostructures
2. By Application: Healthcare, Packaging, Sports and Leisure, Defense, Home and Household, Environmental Protection, Geotextiles, Others
Global Nanotechnology Clothing Market Drivers –
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 anti-microbial properties 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.
Request For A Sample Of The Global Nanotechnology Clothing Market Report At –
https://www.thebusinessresearchcompany.com/sample.aspx?id=3199&type=smp
A Few Points From The Global Nanotechnology Clothing Market ToC
1. Executive Summary
2. Nanotechnology Clothing Market Characteristics
3. Nanotechnology Clothing Market Size And Growth
3.1. Global Nanotechnology Clothing Historic Market, 2015 – 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Nanotechnology Clothing Forecast Market, 2019 – 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Nanotechnology Clothing Market Segmentation
5. Nanotechnology Clothing Market Regional And Country Analysis
5.1. Global Nanotechnology Clothing Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Nanotechnology Clothing Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Interested to know more about The Business Research Company?
The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.
Media Contact
Company Name: The Business Research Company
Contact Person: Oliver Guirdham
Email: Send Email
Phone: +44 20 7193 0708
Address:
City: London
State: Greater London
Country: United Kingdom
Website: https://www.thebusinessresearchcompany.com/