Global Technical Textiles Market 2016-2020
About Technical Textiles
Technical textiles are textiles that are manufactured and used for their functionality rather than their aesthetic value. Technical textiles are designed for providing conductivity, filtration, flexibility, lightness, reinforcement, resistance, strength, and others. Technical textiles are used in automotive, construction, sport and leisure, and water treatment industries.
Technavio’s analysts forecast the global technical textiles market to grow at a CAGR of 4.04% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global technical textiles market for 2016-2020. To calculate the market size, the report provides the revenue figures for the categories of technical textiles and provides the consumption volume in APAC, the Americas, and EMEA during 2016-2020.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Technical Textiles Market 2016-2020
Technavio recognizes the following companies as the key players in the global technical textiles market: Ahlstrom, Berry Plastics, DuPont, Kimberly-Clark, and TWE.
Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is inclination toward disposable fabrics in healthcare applications. Hospital-associated infections have been a serious concern for healthcare workers, patients, and medical professionals. To reduce the incidence of such infections, the use of disposable articles, including clothing, is gaining prominence in healthcare facilities, especially in the developed regions. Disposable drapes, surgical gowns, and instrument wraps are being manufactured. Further, properties such as fluid resistance, high temperature resistance, and tear resistance can be conferred to the textile as per the requirement.”
According to the report, one of the primary drivers in the market is technical textiles in electronics. Electronic textiles are fabrics embedded with digital components. These textiles offer physical elasticity and characteristic size that cannot be achieved with other prevailing electronic manufacturing techniques. Microelectronic components can also be incorporated into the fabric; they are less visible and vulnerable to tangling from adjacent objects. These novel materials are opening potential applications in commercial products, especially communication, healthcare, protection, and wearable technology applications. These textiles are used for performance purposes, which include the monitoring of vital signs, sports training data acquisition, insulation against extreme radiations, communication, and regaining lost sensory perception.
Further, the report states that one major challenge in the market is low recyclability and environmental concerns. The raw materials used in the manufacture of technical textiles are sourced from crude oil and are ecologically persistent and cannot be recycled after use. This is due to the fact that many polymers and materials are used to attain a desirable property, and recovery of these materials is not economical. Governments of countries in developed regions such as North America and Western Europe are focusing on environmental sustainability and the recyclability of technical textiles. This poses a significant challenge to the established vendors operating in these regions.
Ahlstrom, Berry Plastics, DuPont, Kimberly-Clark, TWE.