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

RAJDHANI NIGHT PANEL CHART | RAJDHANI DAY PENAL CHART | SATTAMATKAE
Friday, 19 Jan 2018

New Significant Features in Upgraded UniDAC, LiteDAC and VirtualDAC from Devart
Thursday, 18 Jan 2018

Gardening Tools Market to Exceed US$ 5,380 Mn by 2025
Thursday, 18 Jan 2018

Support for Popular Cloud Data Warehouse Solutions in SSIS Components from Devart
Tuesday, 16 Jan 2018

Solar Panel Market Expected to Reach USD 57.3 Billion by 2022
Monday, 15 Jan 2018

Related Events

There are no related events in this category.

Latest News

Fundamental Blogging Tips to Help Get You Started
Friday, 19 Jan 2018

Ingredion Named One of the World's Most Admired Companies for Ninth Consecutive Year
Friday, 19 Jan 2018

How To Find A Digital Video Camera Rental
Friday, 19 Jan 2018

Food Stabilizers Market Overview | Forecast & Analysis (2016-2020)
Friday, 19 Jan 2018

Global Cheese Ingredients Market - By End User, Vendors and Geography Market Shares, Forecasts and T
Friday, 19 Jan 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 Saturday, 20 January 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
  • Light to Night Festival
  • EDGE Endourology & Enucleation Symposium 2018, Scottsdale, Arizona
  • Mexico Caribbean Adventure
  • 2018 Progress and Controversies in Gynecologic Oncology Conference
  • London Blockchain Week 2018

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