Over the projected period, demand is expected to be driven by the expansion of biological control finishes such as antibacterial or anti-inflammatory textile finishing products. In 2019, the global antimicrobial functional textile business was valued at about INR 25,8600 crores, and it is expected to develop at a rapid rate in the following years. Global performance textile finishing companies are implementing new technologies to improve clothes in order to fulfil rising customer demands and end-use criteria. However, the product’s long-term viability is mostly determined by the raw materials used and the functionality it provides. The application of performance finishing decides the end-use of the product and helps to extend its shelf life. The need for protective materials in the country has increased as awareness of the harm caused by exposure to sunlight, germs, pesticides, chemicals, pollutants, and UV rays have grown. Furthermore, enhanced techniques for producing smart, interactive, and intelligent clothing, as well as the development of manufacturing lines to suit the region’s expanding textile demand, are some of the elements driving the industry’s growth. Over the projected period, demand for temperature-controlled fabrics is expected to expand rapidly. Microencapsulated thermoregulation finishes, which continually emit and absorb heat energy according to the ambient temperature, are being developed by textile makers.

During the forecast period, the demand for biological control finishes, such as antimicrobial or anti-inflammatory textile finishing products, is predicted to expand at a faster rate than the overall market. The worldwide antimicrobial functional textile sector was valued at more than USD 348.9 million in 2015, and it is expected to increase at an exponential rate in the next years, according to industry forecasts.