Technical Textiles Market is anticipated to Register 4.6%

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
34
Technical Textiles Market is anticipated to Register 4.6% CAGR through 2027- Future Market Insights

VALLEY COTTAGE, New York, June 19, 2018 (GLOBE NEWSWIRE) -- 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 a Sample Report with Table of Contents and Figures : https://www.futuremarketinsights.com/reports/...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. 

Our advisory services are aimed at helping you with specific, customised insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you https://www.futuremarketinsights.com/askus/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%.

View Report Preview at Technical Textiles Market Segmentation By Application – Agrotech, Buildtech, Hometech, Indutech, Sportech, Packtech, Mobiltech, Meditech, Clothtech, Geotech, Protech, Oekotech; By Process – Non-Woven, Composites, Others (Braiding, Knitting, Weaving): https://www.futuremarketinsights.com/reports/...les-market

More from FMI’s Chemicals & Materials Market Intelligence:

ABOUT US:

Future Market Insights ( FMI ) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Browse More: Chemicals & Materials Market Insights

CONTACT:              

Mr. Sudip Saha Future Market Insights 616 Corporate Way, Suite 2-9018, Valley Cottage, NY 10989, United States T: +1-347-918-3531 F : +1-845-579-5705 T (UK): + 44 (0) 20 7692 8790 Sales: sales@futuremarketinsights.com Press Office : Press@futuremrketinsights.com FMI Blog: http://www.fmiblog.com/ Website : www.futuremarketinsights.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Tessa AI: Revolutionizing Biomedical Research with AI

Updated Category News Views 27

Shaking Up Research Evaluation When Siensmetrica decided it was high time for a name change, morphing into Tessa AI wasn't just a cosmetic shift. It was a nod to what stakeholders were already calling it and laid the ground for a broader mission statement. They're not sitting on their hands; they're crafting tools that tackle the scientific life cycle from start to...

Continue Reading
Puori Protein Transparency Pays Off Amid Lead Scare

Updated Category News Views 23

Puori's Moment of Reckoning The world of nutritional supplements is no stranger to controversy, but when Puori found itself caught in the storm of the Consumer Reports investigation last year, it chose a road less traveled: transparency and accountability. Faced with alarming news that over two-thirds of tested protein powders exceeded California's Proposition 65 lead...

Continue Reading
JiMMYBAR! Unveils World's First Creatine Trail Mix

Updated Category News Views 32

The New Face of Snacking: Creatine Trail Mix I'll tell you right off the bat, JiMMYBAR! seems to be cornering the snack world with an odd—but interesting—twist. They've just launched the world's first Creatine + Protein Trail Mix, blending muscle-building nutrients with the classic crunch of trail mix. Sounds quirky, and it’s exclusive to their site, JiMMYBARs.com....

Continue Reading
Jaguar Promise Tackles College Cost for Texas Students

Updated Category News Views 27

Transforming Aspirations into Achievements In the heart of San Antonio, something’s cooking at A&M University-San Antonio, and it's not just the classic breakfast tacos. They've hit a record-breaking enrollment of 7,697 students this Fall, with 1,322 being fresh-faced first-timers. And while that might grab your attention, the real headliner is their Jaguar Promise...

Continue Reading
A1 Refrigeration Keeps East Texas Homes Comfortable Year-Round

Updated Category News Views 41

Homeowners in East Texas would agree: the last thing you want is your HVAC system throwing a tantrum when you're in the thick of a scorching summer or a biting winter. That's where A1 Refrigeration & Air Conditioning steps in, making sure folks in Jasper, Brookeland, and Kirbyville aren't left sweating bullets or shivering in their boots. Preventive Maintenance: A...

Continue Reading
Cogent Communications' Q3 2026 Earnings Call Details

Updated Category News Views 23

Cue the Countdown: Cogent’s Earnings Call Looms Another quarter rolls by, and with it comes Cogent Communications' chance to strut—or stumble—before the crowd. Their third-quarter earnings call on November 5, 2026, is like the opening bell for a stock that's zipped through more ups and downs than a tired bullfighter's routine. What the call reveals on that crisp...

Continue Reading
Gourmia Introduces Ceramic-Coated Air Fryer at Costco

Updated Category News Views 28

A New Era for Home Cooking with Gourmia Stepping into the kitchen appliances arena with a dash of innovation, Gourmia has launched its first ceramic-coated air fryer, and it’s weaving its way exclusively onto the shelves of Costco. Now, it’s not just about frying anymore; it’s about adding style, efficiency, and a touch of healthy living to your countertop. But much...

Continue Reading
Truck Drivers USA & Career Driver Unveil New Driver Agent

Updated Category News Views 48

Revolutionizing Driver-Carrier Connections In today's cranking transportation scene, Truck Drivers USA (TDUSA) and Career Driver have taken a bold step to change up the driver recruitment game. They've launched what's being labeled as the first 'driver agent' within the Career Driver mobile app. It's the talk of the town in Sherwood, Arkansas, these days. This isn't just...

Continue Reading
Wagner Logistics Gears Up for Major Expansion in Liberty

Updated Category News Views 41

Imagine waking up to news like this: Wagner Logistics is laying down some serious roots in Liberty, MO. They’ve snagged a deal with a local manufacturer that’s got them renting out over 830,000 square feet of warehouse space. Seems Wagner's got a knack for living large. More Than Just a Warehouse Gig Wagner's not just popping up another dusty shelf space; they're...

Continue Reading
WIN Expands Leadership Amidst Rapid Growth Surge

Updated Category News Views 43

Why WIN's Leadership Shake-Up Matters Change is afoot at the fertility and family support powerhouse WIN, and there's no mistaking the bold handwriting on the wall. As they swell towards supporting one million families, WIN's revamping their leadership table with three key players aimed at pushing the envelope further than before. They've got Claudio Stefan, Stacey...

Continue Reading

Top 5 Most Recently Viewed Articles

China's Warning to EU: Consequences of Separate EV Talks

Updated Category News Views 206

China's Renewed Warning to the European Union Recent developments have seen China once again caution the European Union about potential pitfalls in their negotiation strategies regarding electric vehicles. The nation’s commerce ministry stressed that engaging in separate discussions with electric vehicle (EV) manufacturers while simultaneously negotiating with China...

Continue Reading
Trump's Support for Speaker Johnson: A Strategic Move

Updated Category News Views 110

Trump Endorses Speaker Mike Johnson In a significant political maneuver, President-elect Donald Trump has pledged his full support for Speaker Mike Johnson. This endorsement comes at a crucial juncture for the Republican Party, as Trump aims to circumvent any potential leadership disputes in the House that might jeopardize his second-term ambitions. Trump's announcement...

Continue Reading
SOCi Expands Workforce to Enhance Brand Visibility and Trust

Updated Category News Views 102

SOCi Boosts Workforce to 200,000 Brand-Trained Agents SOCi's dynamic workforce is revolutionizing the way enterprises engage in local marketing, saving a staggering 1 million hours and generating $2.1 billion in annualized marketing value. This achievement is the result of their highly trained Genius Agents™, who are tackling the complexities of modern visibility across...

Continue Reading
Piper Sandler Shines with Strong Q4 Results and New Dividends

Updated Category News Views 69

Overview of Piper Sandler's Fourth Quarter Performance Piper Sandler Companies (NYSE: PIPR) has recently published its financial results for the fourth quarter and full year. Their performance reflects a dedicated approach to investment banking and client services, reinforcing their reputation in the financial sector. Special and Quarterly Dividends Announcement In an...

Continue Reading
Stocktwits Enhances Community Engagement with New Leadership

Updated Category News Views 224

Stocktwits Strengthens Position as a Leader in Financial Content Stocktwits, the largest social platform for investors and traders with a vibrant community of over 10 million users, is embarking on an exciting journey to enhance its offerings. This expansion marks a significant shift in how the platform engages its community, paving the way for innovative financial...

Continue Reading