PlanarTECH (Holding) Limited has extended its marketing and distribution agreement with Thailand-based IDEATI to include 2AM-branded graphene-enhanced antibacterial face masks.
The 2AM antibacterial face mask uses both the antistatic and known antibacterial characteristics of graphene to create a cotton fabric face mask with exceptional properties, it said.
According to a recent report from market research firm QY Research, global mask revenue will grow to US$ 7.24bn in 2020 from US$2.86bn in 2019.
China’s production of masks has increased more than 10 times to 120 million per day, but the global supply and demand gap of masks still cannot be alleviated, said the report.
IDEATI’s facemask is not designed specifically for COVID-19, said PlanarTECH but its anti-viral properties are being evaluated.
At the start of April, PlanarTECH agreed to distribute IDEATI’s graphene-enhanced body armour.
PlanarTECH is currently in the process of raising £350,000 through a funding round on the Seedrs platform.
Published at Tue, 14 Apr 2020 14:46:00 +0000-PlanarTECH extends partnership with Thai group to face masks