Press Releases
 
Technical Textiles Market Poised to Register 4.6% CAGR through 2027

, 19 December 2017 -- Future Market Insights has announced the addition of the “Technical Textiles Market: Global Industry Analysis and Opportunity Assessment 2017-2027" report to their offering.

Future Market Insights’ recent report on global technical textiles market projects that Asia-Pacific will be observed as the world’s largest market for technical textiles during the forecast period, 2017-2027. The report values the global technical textiles market at little less than US$ 166 Bn, and anticipates it to reach US$ 260.3 Bn by the end of 2027. While the global market for technical textiles is projected to grow at below average pace and register a value CAGR of 4.6%, the demand for technical textiles is likely to gain traction across Asia-Pacific countries such as India and China, among others.

Request for TOC @ https://www.futuremarketinsights.com/toc/rep-gb-286

The report, titled “Technical Textiles Market: Global Industry Analysis and Opportunity Assessment, 2017-2027,” also projects that in terms of consumption, the market shall incur a promising growth, exhibiting a volume CAGR of 5.3%. By the end of 2017, more than 34 million tonnes of technical textiles will be consumed across the globe. And, this number is likely to reach 57 million tonnes by 2027-end. During this forecast period, the report is anticipating a sluggish revenue growth for global technical textiles market, primarily due to high prices of technical textiles as opposed to alternative fabrics and lack of awareness regarding benefits of technical textiles.

According to the report, more than 50% of global technical textiles revenues will be accounted by the Asia-Pacific region. While the Asia-Pacific technical textiles market will registers rampant expansion at value CAGR of 6.8%, regions such as North America, Western Europe, Eastern Europe, and Middle East & Africa will showcase sluggish growth through 2027. Sales of technical textiles in Latin America, on the other hand, are likely to depict a relatively favourable growth at 4.5% CAGR.

Make an Enquiry @ https://www.futuremarketinsights.com/reports/sample/rep-gb-286

Companies such as E.I. du Pont de Nemours and Company, Low and Boar PLC, Ahlstrom Corporation, 3M Company, Avintiv, Arville Textiles Ltd., Milliken and Company, Dickson-Constant, Baltex, and Freudenberg & Co. KG are profiled in the report as key players of global technical textiles market. The report also reveals that over 20% of technical textiles produced in the world are procured for mobiltech applications. Demand for technical textiles is also expected to remain high across buildtech, indutech, meditech, geotech and oekotech applications. With respect to process used for manufacturing technical textiles, more than 45% of technical textiles produced across the globe will be non-woven by end of 2027. And, this segment is likely to exhibit a value CAGR of more than 5%.

# # #


Submitted by Sandy Researcher, Transparency Market Research on Tuesday, 19 December 2017 at 9:20 PM
Category: News & Media
 
Related News

MARGONIPEROT, Introducing Fashion's Best Slim Fit Blazer Designs, Adds Wild Creative Velvet Jackets
Friday, 20 Apr 2018

Different places to keep a two-seater dining table in your home?
Thursday, 19 Apr 2018

ITR Studio Unveils The Revolutionary 5-in-1 Modular Backpack
Wednesday, 18 Apr 2018

Build a Brand Identity & Boost Your Business with Quality SEO from Getwebsitetraffic
Tuesday, 17 Apr 2018

Innovative Technological Avenues to Spur the Social Media Market Globally: Ken Research
Monday, 16 Apr 2018

Related Events

There are no related events in this category.

Latest News

What to consider while hiring Karachi women
Monday, 23 Apr 2018

Vacation Rentals - What Selection Is Right For your Vacation?
Monday, 23 Apr 2018

5 Benefits of a Thai Massage Therapy
Sunday, 22 Apr 2018

monitorizare flota prin gps
Sunday, 22 Apr 2018

What to Expect from Parking Aeroport Geneve
Sunday, 22 Apr 2018

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Monday, 23 April 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Radiology in Marbella
  • World Public Relations Forum (WPRF) 2018
  • AACSB International Conference and Annual Meeting
  • Middle East Special Event and Exhibition Show (MESE) 2018
  • LRP's National Institute

  • Latest Jobs
    Sorry, there are currently no entries posted here.