Million Insights
Market Research Released A New Research Report On Global Technical Textiles
Market - Forecast Up To 2025. Report Provide Overview Of Top Key Players, Share
Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In The
Market, Comprehensively Analyzing Their Core Competencies, And Drawing A
Competitive Landscape For The Market.
Pune, India - Technical Textiles Market was
valued around USD 143.75 billion in 2014, owing to increasing diverse end use
applications. Technical textile is mainly developed to fulfill non-aesthetic
functions such as safety and comfort. Molded with advanced technology to
perform the specific function such as a shield for humans in extreme weather
conditions, these types of textiles are named in various ways such as technical
textile, industrial textile, and functional textile.
Major factors that are expected to influence the industry
include the technological breakthrough in medical textiles to amplify
opportunities for surgical and diagnostic tools. Also, growing demand for
geotextiles in anticipated to be yet another driver for the market.
To Get Sample Report
visit @ https://www.millioninsights.com/industry-reports/technical-textiles-market/request-sample
Developing markets of the Asia Pacific, Middle East, and
Latin American region are expected to drive product demand, especially in the
automotive industry in the regions. Technical textiles are used for the
construction of transportation system accessories such as airbags, air balloons
and seat covers.
Specific characteristics of the product such as high
durability, adaptability, and superior performance make this technology
attracted by various textile manufacturers. These textiles owing to their
superior properties over traditional textiles are being used to provide special
functions.
Increasing R&D investments by the industrial participant
in the past few years have been the main factor in the development of various
novel products. As product demand have been seen increasing significantly in
the past few years the industry players have been seen taking serious steps to
develop novel applications in accordance with demand from the consumers. These
trends are anticipated to drive the market over the forecast period.
The versatility of technical textiles has made them
applicable to various fields in the textile industry. High raw material cost
including both natural or manmade is anticipated to be a major challenge for
industry participants. The absence of sufficient skilled workforce globally for
manufacturing of these products is expected to be yet another factor to
restraint the industry growth over the forecast period. The reinforcement of
embankments is presumed to offer sufficient opportunities for the industry
participants over the forecast period owing to the fact that it is global
accepted. Emerging need of quality products and services in Latin America and
Asia Pacific is anticipated to witness fast acceptance of these products across
various industries. Technology Insights
Asia Pacific industry dominated the industry in 2014. It is
expected to account for around 43% of the overall demand by 2022. North
American market is expected to decline moderately in the next few years owing
to moderate growth of the end-use industries. Various countries in the Asia
Pacific region such as India and China are expected to be some of the leading
markets in the region.
To Browse Complete
Report visit @ https://www.millioninsights.com/industry-reports/technical-textiles-market
Market Segment:
Global Technical Textiles Technology Outlook (Volume, Kilo Tons;
Revenue, USD Million, 2012 - 2022)
• Thermo-forming
• 3D Weaving
• 3D Knitting
• Nanofibers
• Heat-set Synthetics
• Finishing Treatments
• Hand-made elements
• Others
Global Technical Textiles End-use Outlook (Volume, Kilo Tons; Revenue,
USD Million, 2012 - 2022)
• Mobiltech
• Indutech
• Sportech
• Other
Get in touch
At Million Insights, we work
with the aim to reach the highest levels of customer satisfaction. Our
representatives strive to understand diverse client requirements and cater to
the same with the most innovative and functional solutions.
Contact Person:
Ryan Manuel
Research Support Specialist,
USA
Email: ryan@millioninsights.com
Million Insights
Office No. 302, 3rd Floor,
Manikchand Galleria,
Model Colony, Shivaji Nagar,
Pune, MH, 411016 India
tel: 91-20-65300184
Email: sales@millioninsights.com
Visit Our Blog: www.millioninsights.blogspot.com
No comments:
Post a Comment