Global Technical Textiles Market to grow at a CAGR of 4.04% during Forecast 2016-2020

Albany, NY, March 20, 2017: 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.

The global technical textiles market to grow at a CAGR of 4.04% during the period 2016-2020. 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:
- Americas
- APAC
- EMEA

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Technavio's report, Global Technical Textiles Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Ahlstrom
- Berry Plastics
- DuPont
- Kimberly-Clark
- TWE

Market driver
- Increase in demand for nonwoven technical textiles.
- For a full, detailed list, view our report

Market challenge
- Lack of sufficient resources for manufacturing technical textiles.
- For a full, detailed list, view our report

Market trend
- Inclination toward disposable fabrics in healthcare applications.
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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