Welcome!

News Feed Item

Technical Textiles – Market Drivers and Forecasts from Technavio

Technavio analysts forecast the global technical textiles market to grow at a CAGR of more than 4% during the forecast period, according to their latest report.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161130005084/en/

Technavio publishes a new market research report on the global technical textiles market from 2016-2 ...

Technavio publishes a new market research report on the global technical textiles market from 2016-2020. (Graphic: Business Wire)

The research study covers the present scenario and growth prospects of the global technical textiles market for 2016-2020. 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 technical textile industry is foreseen to account for over 45% of the total textiles produced in certain industrialized countries. Textile manufacturers in industrialized countries are manufacturing technical textiles due to growing rivalry and decreasing profit margins. These textiles offer higher profit margins as their use is directed by need.

The use of technical textiles in the healthcare industry as biophysical monitoring systems, patient tracking devices, and medical supplies is expected to foster the demand for these textiles. Europe is the largest consumer of technical textiles, followed by North America.

Request a sample report: http://www.technavio.com/request-a-sample?report=54635

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Technavio chemicals and materials analysts highlight the following four factors that are contributing to the growth of the global technical textiles market:

  • Growing demand for geotextiles
  • Technical textiles in electronics
  • Increase in demand for nonwoven technical textiles
  • Government initiatives

Growing demand for geotextiles

Ajay Adikhari, a lead textiles, fiber, and composites analyst at Technavio, says, “The global geotextile market is expected to reach around USD 8.7 billion in 2020, growing at a CAGR of almost 11% during 2016-2020. Geotextiles are robust technical textiles characterized by puncture resistance, larger elongation before breaking, filter characteristics during strains, and high ultraviolet protection. Geotextiles possess a wide range of mechanical and physical properties, and their properties can be altered by using different polymers.”

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.

“The 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,” adds Ajay.

Increase in demand for nonwoven technical textiles

Nonwoven technical textiles are used for manufacturing hygiene products such as diapers, sanitary napkins, bandages, and wipes. These technical textiles are replacing woven technical textiles in many applications, including geotextile, medical, filter, and packaging applications. Some of the noteworthy factors that have been increasing the demand for nonwoven technical textiles are:

  • Alterations in consumer demand and changing lifestyle products
  • Growth of organized retail market
  • Huge raw material base

Government initiatives

The governments of various countries have set up agencies and research centers for the development of technical textiles. In addition to providing financial support, favorable policies also assure incentives to vendors in the market. For example, the governments of India and China have concentrated the customs duty on polyester chips, polyester staple fiber, tow, and polyester filament yarns from 10% to 5%.

In India, there is a strong focus on the further development of the technical textiles industry as the government making is significant efforts to support small- and medium- sized enterprises and encourage exports. Furthermore, in the EU, the European Economic and Social Committee (EESC) has identified technical textiles as a promising and steady growth field for textile vendors and are focusing on the enhancement of skills and the training of the workforce.

Top vendors:

  • Ahlstrom
  • Berry Plastics
  • DuPont
  • Kimberly-Clark
  • TWE

Browse Related Reports:

Do you need a report on a market in a specific geographical cluster or country but can’t find what you’re looking for? Don’t worry, Technavio also takes client requests. Please contact [email protected] with your requirements and our analysts will be happy to create a customized report just for you.

About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

If you are interested in more information, please contact our media team at [email protected].

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
There are 66 million network cameras capturing terabytes of data. How did factories in Japan improve physical security at the facilities and improve employee productivity? Edge Computing reduces possible kilobytes of data collected per second to only a few kilobytes of data transmitted to the public cloud every day. Data is aggregated and analyzed close to sensors so only intelligent results need to be transmitted to the cloud. Non-essential data is recycled to optimize storage.
Building custom add-ons does not need to be limited to the ideas you see on a marketplace. In his session at 20th Cloud Expo, Sukhbir Dhillon, CEO and founder of Addteq, will go over some adventures they faced in developing integrations using Atlassian SDK and other technologies/platforms and how it has enabled development teams to experiment with newer paradigms like Serverless and newer features of Atlassian SDKs. In this presentation, you will be taken on a journey of Add-On and Integration ...
"I think that everyone recognizes that for IoT to really realize its full potential and value that it is about creating ecosystems and marketplaces and that no single vendor is able to support what is required," explained Esmeralda Swartz, VP, Marketing Enterprise and Cloud at Ericsson, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Interoute has announced the integration of its Global Cloud Infrastructure platform with Rancher Labs’ container management platform, Rancher. This approach enables enterprises to accelerate their digital transformation and infrastructure investments. Matthew Finnie, Interoute CTO commented “Enterprises developing and building apps in the cloud and those on a path to Digital Transformation need Digital ICT Infrastructure that allows them to build, test and deploy faster than ever before. The int...
The essence of cloud computing is that all consumable IT resources are delivered as services. In his session at 15th Cloud Expo, Yung Chou, Technology Evangelist at Microsoft, demonstrated the concepts and implementations of two important cloud computing deliveries: Infrastructure as a Service (IaaS) and Platform as a Service (PaaS). He discussed from business and technical viewpoints what exactly they are, why we care, how they are different and in what ways, and the strategies for IT to transi...
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to provide true leadership. As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership abi...
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service.
Niagara Networks exhibited at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
SYS-CON Events announced today that Outlyer, a monitoring service for DevOps and operations teams, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outlyer is a monitoring service for DevOps and Operations teams running Cloud, SaaS, Microservices and IoT deployments. Designed for today's dynamic environments that need beyond cloud-scale monitoring, we make monitoring effortless so you ...
Virtualization over the past years has become a key strategy for IT to acquire multi-tenancy, increase utilization, develop elasticity and improve security. And virtual machines (VMs) are quickly becoming a main vehicle for developing and deploying applications. The introduction of containers seems to be bringing another and perhaps overlapped solution for achieving the same above-mentioned benefits. Are a container and a virtual machine fundamentally the same or different? And how? Is one techn...
My team embarked on building a data lake for our sales and marketing data to better understand customer journeys. This required building a hybrid data pipeline to connect our cloud CRM with the new Hadoop Data Lake. One challenge is that IT was not in a position to provide support until we proved value and marketing did not have the experience, so we embarked on the journey ourselves within the product marketing team for our line of business within Progress. In his session at @BigDataExpo, Sum...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.