Market Trend : Technical Textiles Market Globally Grow at a CAGR of 4.04% by 2020

Albany, New York, June 12, 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.

Technavios 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:
Americas
APAC
EMEA

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.

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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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This release was published on openPR.