Published by mark itwired
Posted on October 5, 2021
Global technical textile demand continues to touch historic lows, but technical textiles are showing resilience, raising hopes of a quick recovery in 2021. An updated edition of the study by Future Market Insights (FMI) which also tracks the COVID-19 impact on the market offer insights on how demand will evolve during 2020-2030.
Technical textiles have been among rapid growth areas of textile industry that is commonplace, from gym gear and sportswear to car seats and in airbags.
The global market for technical textiles, in particular, is receiving huge impetus from unprecedented rise in demand for functional fabric for monitoring safety and operations in industrial sector.
Textiles industry is highly diversified, satiating broad range of domains ranging from conventional handloom products to wool, cotton and silk products and contain products that stretch through natural and artificial fiber, apparel, and yarn.
Technical textiles are poised to play a vital role in transforming textile industry, owing to their diverse applications across several end-use sectors including, infrastructure, construction, automobile, aviation, healthcare, and defence.
Technical Textiles Market Size Study
Request a Complete TOC of this Report with figures:
https://www.futuremarketinsights.com/toc/rep-gb-286
COVID-19 Impact on Technical Textiles Market
While the technical textiles market has been facing the rippling effects of the COVID-19 pandemic, the market growth is stimulated by the need to help deliver personal protective equipment (PPE) as various hard-hit countries are confronting acute shortage of disposable PPE for front-line medical workers.
As the battle against OCIVD-19 crisis persists, demand for necessary face coverings continues to soar. The opportunity to create an impact in the battle against the public-health crisis and to help in improving safety of communities has offered new meaning to businesses, and operations in technical textiles market.
Case in point, Berry Global Group Inc. is delivering prominent healthcare and consumer brand firms across the world to manufacture products in large-scale to tackle the contagion of COVID-19.
In the US, the company has scaled up its capacity to provide maximum output on the ground of rising demand for healthcare products such as materials for face masks and hard surface disinfectant wipes.
Moreover, in Europe, the company is operating its meltblown lines round the clock to develop materials for face masks and other healthcare purposes including, materials leveraged in blood filtration.
“Farm workers are turning their sight towards agro-tech products realizing limited availability of water, uncertainty in climate, and threat to crops from getting hampered by pests and insects. Such agro-tech products are likely to enhance agricultural productivity, thus, favoring market growth over the decade ahead,” says analyst at FMI.
Technical Textiles Market – Competition Intelligence
In a bid to maintain their competitiveness in global landscape, leading manufacturers are entering into acquisitions of their peers.
Ask us your Any Queries About this Report:
https://www.futuremarketinsights.com/askus/rep-gb-286
To Know More About Technical Textiles Market:
A new market research report published by Future Market Insights (FMI) on the global technical textiles market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2020-2030. The report examines the technical textiles market through three different segments – application, process type and region. The technical textiles market report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the manufacturing of technical textiles and product adoption across several end-use industries.
Explore wide-ranging Coverage of FMI’s Chemicals & Materials Market Insights Landscape
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North America Organic Fertilizers Market-2021 Analysis and Review: North America Organic Fertilizers Market by Form – Solid and Liquid for 2021 – 2031
About Chemicals & Materials division of FMI
The Chemicals & Materials division at FMI offers distinct and pin-point analysis about the chemicals & materials industry. Coverage of the chemicals and materials market extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites, and nanotechnology. The team also puts special emphasis on ‘green alternatives’, recycling and renewable technology developments, and supply-demand trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners, and government bodies for developing – ‘The Way Forward’.
The post Technical Textiles Emerge as Outliers as Demand for Traditional Textiles Wanes: Study appeared first on Industry News Analsis.
Global technical textile demand continues to touch historic lows, but technical textiles are showing resilience, raising hopes of a quick recovery in 2021. An updated edition of the study by Future Market Insights (FMI) which also tracks the COVID-19 impact on the market offer insights on how demand will evolve during 2020-2030.
Technical textiles have been among rapid growth areas of textile industry that is commonplace, from gym gear and sportswear to car seats and in airbags.
The global market for technical textiles, in particular, is receiving huge impetus from unprecedented rise in demand for functional fabric for monitoring safety and operations in industrial sector.
Textiles industry is highly diversified, satiating broad range of domains ranging from conventional handloom products to wool, cotton and silk products and contain products that stretch through natural and artificial fiber, apparel, and yarn.
Technical textiles are poised to play a vital role in transforming textile industry, owing to their diverse applications across several end-use sectors including, infrastructure, construction, automobile, aviation, healthcare, and defence.
Technical Textiles Market Size Study
Request a Complete TOC of this Report with figures:
https://www.futuremarketinsights.com/toc/rep-gb-286
COVID-19 Impact on Technical Textiles Market
While the technical textiles market has been facing the rippling effects of the COVID-19 pandemic, the market growth is stimulated by the need to help deliver personal protective equipment (PPE) as various hard-hit countries are confronting acute shortage of disposable PPE for front-line medical workers.
As the battle against OCIVD-19 crisis persists, demand for necessary face coverings continues to soar. The opportunity to create an impact in the battle against the public-health crisis and to help in improving safety of communities has offered new meaning to businesses, and operations in technical textiles market.
Case in point, Berry Global Group Inc. is delivering prominent healthcare and consumer brand firms across the world to manufacture products in large-scale to tackle the contagion of COVID-19.
In the US, the company has scaled up its capacity to provide maximum output on the ground of rising demand for healthcare products such as materials for face masks and hard surface disinfectant wipes.
Moreover, in Europe, the company is operating its meltblown lines round the clock to develop materials for face masks and other healthcare purposes including, materials leveraged in blood filtration.
“Farm workers are turning their sight towards agro-tech products realizing limited availability of water, uncertainty in climate, and threat to crops from getting hampered by pests and insects. Such agro-tech products are likely to enhance agricultural productivity, thus, favoring market growth over the decade ahead,” says analyst at FMI.
Technical Textiles Market – Competition Intelligence
In a bid to maintain their competitiveness in global landscape, leading manufacturers are entering into acquisitions of their peers.
Ask us your Any Queries About this Report:
https://www.futuremarketinsights.com/askus/rep-gb-286
To Know More About Technical Textiles Market:
A new market research report published by Future Market Insights (FMI) on the global technical textiles market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2020-2030. The report examines the technical textiles market through three different segments – application, process type and region. The technical textiles market report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the manufacturing of technical textiles and product adoption across several end-use industries.
Explore wide-ranging Coverage of FMI’s Chemicals & Materials Market Insights Landscape
Metalworking Fluids Market – Metalworking Fluids Market by End Use— Metal Fabrication, Heavy Machinery, Transportation Equipment, and General Manufacturing for 2021-2031
Polysulfide Resin Market-2021 Analysis and Review: Polysulfide Resin Market by Product –Thiokols (Liquid Polysulfide Resin Elastomer) and Solid Polysulfide Resin Elastomer for 2021-2031
North America Organic Fertilizers Market-2021 Analysis and Review: North America Organic Fertilizers Market by Form – Solid and Liquid for 2021 – 2031
About Chemicals & Materials division of FMI
The Chemicals & Materials division at FMI offers distinct and pin-point analysis about the chemicals & materials industry. Coverage of the chemicals and materials market extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites, and nanotechnology. The team also puts special emphasis on ‘green alternatives’, recycling and renewable technology developments, and supply-demand trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners, and government bodies for developing – ‘The Way Forward’.
The post Technical Textiles Emerge as Outliers as Demand for Traditional Textiles Wanes: Study appeared first on Industry News Analsis.
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