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Albany NY (July 17, 2013) (CULRAV.ORG) -
Transparency Market Research has released a new market report titled “Technical Textiles (Mobiltech, Buildtech, Meditech, Agrotech and Others) Market By Technology (Thermoforming, 3-D Weaving, 3-D Knitting and Others) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018“, According to the report the demand for technical textiles that was worth USD 133.93 billion in 2012 is expected to increase toUSD 160.38 billion by the end of 2018. In terms of volumes, the global demand is expected to reach 30.71 million tons by 2018, growing at a moderate CAGR of 3.3% from 2012 to 2018.
Browse the full report at http://www.transparencymarketresearch.com/technical-textiles-market.html
Innovations and product development, enhanced product properties such as strength and durability, growth and advancement of the global automotive industry are some of the major factors that drive the market for technical textiles. However, higher cost of finished products affecting end-user industry pricing characteristics and fragmentation of the existing market are some of the major drawbacks faced by the market.
Thermoforming, three dimensional weaving and three dimensional knitting were the most widely used technologies, accounting for over 60% of the total market in 2011. Demand for technical textiles manufactured through thermoforming technology is expected to reach 3,915 kilo tons in 2018, growing at a CAGR of 3.8% from 2012 to 2018, owing to their wide application scope and superior performance.
Based on the end-user industry where technical textiles are used, the market is segmented into eleven categories including Mobiltech, Indutech, Sportech, Buildtech, Hometech, Clothtech, Meditech, Agrotech, Protech, Packtech and others. These categories cover the entire range of technical textiles that are manufactured currently and are expected to see increasing demand with constantly improving technology and products. Consumption of technical textiles varies with end-user industries in different regions of the world.
Asia Pacific dominated the global technical textiles market and accounted for 45% of the total market in 2011. By 2018, Asia Pacific is expected to generate revenues of about USD 61.26 billion. With better technology capabilities, ever increasing demand from various end-user industries and a favorable support structure from various governments, technical textiles are expected to have a huge market to cater to globally with Asia Pacific clearly the leader.
The key players in the technical textiles market are Freudenberg & Co. KG, DuPont, Kimberly- Clark Corporation, Ahlstrom Corporation, Fiberweb PLC, Polymer Group Inc., Companhia Providência, Johns Manville and the TWE Group, among others.
The segmentation of the technical textiles market is shown as below:
Technical textiles market: Technology analysis
- 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 Appliqué)
Technical textiles market: End-user analysis
- Others (Oekotech and Geotech)
Technical textiles are segmented by geography and further divided by technology and end-users in terms of both volumes and revenues in their respective regions.
Technical textiles market: Regional analysis
- North America
- Asia Pacific
- Rest of the World (RoW)
Related Report :
Petrochemicals Market by Product (Ethylene, Propylene, Butadiene, Benzene, Xylene, Toluene, Vinyls, Styrene and Methanol) – Global and China Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 – 2018
Petrochemicals are petroleum derived products obtained from crude oil and natural gas. They are mainly used in the production of petrochemical derivatives such as formaldehyde, polyvinyl chloride, acetic acid and epoxy resins among others. The growing demand of petrochemicals from major end use industries including transportation, construction and packaging is expected to drive the petrochemical market globally.
The report estimates and forecast global and China’s market for petrochemicals from the demand side. The study comprises of global petrochemicals market in terms of volumes (million tons) and revenues (USD billion) for the period of 2011 to 2018. The report showcases the major driving and restraining factors along with emerging opportunities which are expected to drive the market in the near future.
The report also includes value chain analysis to understand each component prevailing across the petrochemical value chain. In order to analyze competitive landscape of the market, the report consists of Porter’s five forces model which measures impact of suppliers, buyers, new entrants, competition and substitute products on the petrochemicals market. The study also includes company market share analysis along with company profiles of the major participants operating in the petrochemical industry.
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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Browse the full report with TOC at http://www.transparencymarketresearch.com/technical-textiles-market.html
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