Innovations
and product development, enhanced product properties such as strength
and durability, growth and advancement of the global automotive industry
are the major factors that have been driving the market for technical
textiles. The major drawbacks faced by the market are higher cost of
finished products affecting end user industry pricing characteristics
and huge fragmentation of the existing market.
This
research study provides a comprehensive analysis of the technical
textiles industry on a global as well as regional level. The report
identifies drivers, restraints and opportunities in the global technical
textiles market and renders an extensive analysis of the industry,
current trends and segmentation for a better understanding of the market
structure. The report segments the technical textiles market on the
basis of various technologies used in the manufacturing process, end
user industry segments and key regions along with detailed segmentation
and analysis within the regions.
This
report by Transparency Market Research analyzes the technical textiles
market from a global perspective and endeavors to portray a detailed and
comprehensive collection of data and its analysis on the basis of
various market parameters. The report also strives to compile together a
macroscopic view of the complete demand and supply characteristics of
technical textiles by providing historical data from 2009 and a forecast
of market segmentation until 2018 along with detailed analyses of
revenues and volumes.
Technical
textiles are slightly modified, high performance textiles that are used
for their special properties and functionality. With an increasing
application base in various end-user industries such as healthcare,
agriculture, construction, clothing, packaging, sportswear and sports
equipment, automotives, environment protection and other such areas, the
demand for technical textiles has increased significantly over the past
few years and is expected to keep expanding over the coming years. 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.
The
most important factor governing market attractiveness is the
versatility of a product and this plays a major role in the advancement
of technical textiles. In many regions across the world, the market for
basic textiles is believed to have reached a stage of maturity and this
has in turn reflected on the technical textile market. Emerging
economies such as China and India have been laying huge emphasis on
adopting the latest technologies and production processes in different
industry segments. The primary reason for the tremendous success of
technical textiles is the potential for innovation using woven, knitted
and nonwoven fabrics either individually or more importantly, as a
combination with each other.
Technical
textiles are manufactured from yarn, fiber and filaments using various
technologies such as thermoforming, three dimensional weaving, three
dimensional knitting, nanotechnology, heat-set methods, finishing
treatments, hand-made methods and others. Of these, thermoforming, three
dimensional weaving and three dimensional knitting are the most widely
used methods while nanotechnology has a huge scope for expansion.
Based
on the end user industry where technical textiles are used, the market
has been segmented into eleven categories such as Mobiltech, Indutech,
Sportech, Buildtech, Hometech, Clothtech, Meditech, Agrotech, Protech,
Packtech and others. These categories cover the entire range of
technical textiles that are manufactured in today’s market and present a
bright future with constantly improving technology and products.
Traditionally,
North America and Europe have been the major markets for technical
textiles in the past but in recent years, the sheer volume of demand
from Asia Pacific has eclipsed the global demand for technical textiles.
With better technology capabilities, ever increasing demand from
different end user industries and a favorable support structure from
various governments, technical textiles are expected have a huge market
to cater to globally. This report provides regional analysis and splits
of both technology as well as end user industries in various regions
across the world.
The
report also aims to provide a detailed analysis of market revenue
shares of companies such as Freudenberg & Co. KG, DuPont,
Kimberly-Clark Corporation, Ahlstrom Corporation and a number of other
players including Fiberweb PLC, Polymer Group Inc., Companhia
Providência, Johns Manville and the TWE Group.
The
report also includes a detailed value chain of the market along with a
Porter’s Five Forces analysis to identify market dynamics for all
upstream and downstream segments thus enabling a strategy-making process
for buyers of technical textiles, suppliers of raw materials,
substitutes, and potential new entrants into the market based on
possibility of forward or backward integration into the various business
segments. The report also presents a comprehensive assessment of the
stakeholder strategies, winning imperatives for them by segmenting the
technical textiles market as below:
Technical textiles market: Technology analysis
- Thermo-forming
- Three Dimensional Weaving
- Three Dimensional Knitting
- Fabrics Produced Using Nanotechnology
- Heat-set Synthetics
- Finishing Treatments (such as Water-resistant Coatings & Holographic Laminates)
- Hand-made elements (such as Stitch or Applique)
- Others
Technical textiles market: End user analysis
- Mobiltech
- Indutech
- Sportech
- Buildtech
- Hometech
- Clothtech
- Meditech
- Agrotech
- Protech
- Packtech
- Others (Oekotech and Geotech)
Technical
textiles have also been segmented by geography and further divided by
technology and end user in terms of both volumes and revenues in their
respective regions.
Technical textiles market: Regional analysis
- North America
- Europe
- Asia Pacific
- Rest of the World (RoW)
