Published by mark itwired
Posted on October 4, 2021
The technical textiles market is anticipated to display a healthy growth rate during the assessing period between the years 2020 and 2030. The covid-19 pandemic has moderately affected the global technical textiles industry. Major production disruptions, owing to lockdown restrictions, coupled with the major slump in industrial and construction activity hinders short term market growth.
“Growth in the demand for technical construction textiles, in addition to favorable investments and initiatives by governments to promote technical textile applications are fueling the demand throughout the projection period,” says the FMI report.
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For more insights into the market, request a sample of this report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-286
For information on the Research Approach used in the Report, Request Methodology@ https://www.futuremarketinsights.com/askus/rep-gb-286
The technical textile industry has been moderately impacted during the coronavirus pandemic. Lockdown restrictions on construction and industrial activities have reduced demand for technical textiles sharply. In addition, nationwide lockdowns have restricted supplies and production of technical textiles as well. On the other hand, extensive requirement for specialized technical textiles for healthcare PPE production during the pandemic has generated critical growth opportunities to recoup some of the losses sustained during this period.
Competition Landscape
The technical textiles market comprises players including but not limited to Freudenberg & Co. KG, Low and Boar plc, Baltex, Ahlstrom Corp., Dickson-Constant, E.I. du Pont de Nemours and Company, Miliken and Co., Avintiv, and 3M Company.
Players operating in the technical textiles market are leveraging government initiatives and are pushing for product development particularly in the medical sector following the coronavirus outbreak.
For instance, Hygienics Industry Inc. has unveiled Fabrapel two-layer, technical textile for facial mask applications. Similarly, Loyal Textile Mills has launched technical textile with anti-viral technology for reusable PPE applications. Also, Duvaltex has released a complete range of level 1 and 2 anti-microbial textile gowns for patients and healthcare professionals in the U.S.
The FMI study provides detailed insights on technical textiles. The market is broken down in terms of application (agro-tech, buildtech, hometech, indutech, sportech, packtech, mobiltech, meditech, clothtech, Geotech, protech, and oekotech), and process type (nonwoven, composite, and others), across six key regions (North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, and MEA).
The post Technical Textiles Market Anticipated to Grow at a Significant Pace by 2025 appeared first on Market Research Blog.
The technical textiles market is anticipated to display a healthy growth rate during the assessing period between the years 2020 and 2030. The covid-19 pandemic has moderately affected the global technical textiles industry. Major production disruptions, owing to lockdown restrictions, coupled with the major slump in industrial and construction activity hinders short term market growth.
“Growth in the demand for technical construction textiles, in addition to favorable investments and initiatives by governments to promote technical textile applications are fueling the demand throughout the projection period,” says the FMI report.
Download a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-286
For more insights into the market, request a sample of this report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-286
For information on the Research Approach used in the Report, Request Methodology@ https://www.futuremarketinsights.com/askus/rep-gb-286
The technical textile industry has been moderately impacted during the coronavirus pandemic. Lockdown restrictions on construction and industrial activities have reduced demand for technical textiles sharply. In addition, nationwide lockdowns have restricted supplies and production of technical textiles as well. On the other hand, extensive requirement for specialized technical textiles for healthcare PPE production during the pandemic has generated critical growth opportunities to recoup some of the losses sustained during this period.
Competition Landscape
The technical textiles market comprises players including but not limited to Freudenberg & Co. KG, Low and Boar plc, Baltex, Ahlstrom Corp., Dickson-Constant, E.I. du Pont de Nemours and Company, Miliken and Co., Avintiv, and 3M Company.
Players operating in the technical textiles market are leveraging government initiatives and are pushing for product development particularly in the medical sector following the coronavirus outbreak.
For instance, Hygienics Industry Inc. has unveiled Fabrapel two-layer, technical textile for facial mask applications. Similarly, Loyal Textile Mills has launched technical textile with anti-viral technology for reusable PPE applications. Also, Duvaltex has released a complete range of level 1 and 2 anti-microbial textile gowns for patients and healthcare professionals in the U.S.
The FMI study provides detailed insights on technical textiles. The market is broken down in terms of application (agro-tech, buildtech, hometech, indutech, sportech, packtech, mobiltech, meditech, clothtech, Geotech, protech, and oekotech), and process type (nonwoven, composite, and others), across six key regions (North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, and MEA).
The post Technical Textiles Market Anticipated to Grow at a Significant Pace by 2025 appeared first on Market Research Blog.
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