Press release
Technical Textile Market is Expected to Cross US$ 170 Billion By 2022
New York, May 01: Market Research Engine has published a new report titled as “Technical Textile Market By Application, By Technology, By Type and By Geography - Global Industry Analysis and Forecast 2015 – 2022”.Browse Full Report here: https://www.marketresearchengine.com/reportdetails/technical-textiles-market
The research reports covers detailed description of the global technical textiles market based on volume share (kilo tons) and revenue (USD million) for the period 2015 to 2022. The report highlights the factors contributing towards the growth of the market and the restraints that impede the market. The report also includes a detailed section on raw material analysis related to technical textiles market. The report also explains the competitive landscape with company market shares of key market players. Detailed forecasts for the years 2015-2022 for technical textiles have been given separately, for better understanding of the market scenario.
Technical textiles are high performance textiles that are used due to their superior properties and functionality over regular textiles. The demand for these products has increased over the past few years due to the increasing application base in various end-user industries such as healthcare, agriculture, construction, clothing, packaging, sportswear and sports equipment, automotive, environmental protection and other such areas. The technical textiles market is believed to be one of the most innovative branches of industry across the world and has been reported to be among the top five technology intensive markets with a great potential for advancement.
Technical textiles can be divided into many categories, depending on their end use. The classification system developed by Techtextil, Messe Frankfurt Exhibition GmbH, is widely used in Europe, North America and Asia. Techtextil specifies 12 application areas: Agrotech, Buildtech, Clothtech, Geotech, Hometech, Indutech, Medtech, Mobiltech, Oekotech, Packtech, Protech, and Sporttech.
The Global Technical Textile Market accounted for US$ 155.5 Billion in 2014 and it is expected to expand at a CAGR of more than 4% over the forecast period 2015 -2022.
Scope of the Report
This research report is categorized on the technical textiles market based on its type, application, and region.
Based on Product Type:
• Fabrics
• Unspun fiber
• Yarn-product type
Based on Fiber Type:
• Natural fiber
• Synthetic fiber
• Specialty fiber
Based on Application:
• Agrotech
• Meditech
• Mobiltech
• Packtech
• Sportech
• Buildtech
• Clothtech
• Hometech
• Protech
• Others (includes Geotech, Oekotech)
Based on Technology:
• Nonwovens
• Fabric finish
• Weaving
• Knitting
• Fiber & spinning
• Others (includes knotting, coating, and laminating)
Based on Fabric Fiber Type:
• Colored
• Non-colored
Based on Geography:
• North America
• Europe
• Asia-Pacific
• RoW (Israel, Chile, UAE, and Colombia)
About MarketResearchEngine.com
Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.
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Contact Person: John Bay
Email: john@marketresearchengine.com
Phone: +1-855-984-1862, +91-860-565-7204
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