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Demand for automotive technical textiles growing
July 21st, 2022
Photo: iStock. Demand for technical textiles in the automotive market is growing as new applications emerge and manufacturers strive to increase comfort, improve safety and reduce weight, according to "Profiles of five major automotive technical textiles manufacturers," a 20-page report from the global business information company Textiles Intelligence. The average weight of textile materials now […]
Global technical textiles market projection
April 19th, 2022
The use of specialty yarns in compressive textiles for drug delivery, pain relief and other health-related issues holds potential for a wide range of self-care products, such as Nufabrx® knitted sleeves containing capsaicin for transdermal pain relief. Photo: RobSnapped. The global market for Technical Textiles is projected to reach US$208.5 Billion by 2024, registering a […]
Global technical textile market outlook
July 9th, 2021
According to a report by ResearchAndMarkets.com, the global technical textile market is expected to grow at CAGR of 8.0% within the forecast period of 2021 to 2029. The demand for textiles is increasing and consumers are expecting higher quality textiles with sustainable properties. These textiles are known for their superior characteristics over their traditional equivalents […]
Technical textile market forecast
May 7th, 2021
According to a report by MarketsandMarkets.com, the technical textile market is estimated at USD 164.6 billion in 2020 and is projected to reach USD 222.4 billion by 2025, at a CAGR of 6.2%. Factors contributing to growth include improving economic condition of countries, technology advancement and increasing end-use applications. Increasing demand for end-use industries such […]