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Technical Textile Industry- Global Market, Analysis 2022

The robust growth in the production of automobiles and increase in construction activities has led to increased demand for mobiltech textile and hometech textile respectively. Technical textile is applicable in various automotive parts such as airbags, seatbelt, carpets, filters, hood liners, battery separators, and belt reinforcement as it reduces the overall weight of the vehicle. The growing construction and housing activities in emerging economies such as India and China has fueled the growth of hometech textiles in household application.<br><br>Read more details at: https://www.alliedmarketresearch.com/technical-textile-market

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Technical Textile Industry- Global Market, Analysis 2022

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  1. Technical Textile Market Opportunities and Forecasts, 2014- 2022 Pages: 163 Published: 2017

  2. TECHNICAL TEXTILE MARKET Government regulations mandating the use of Geotech textile in infrastructure development projects is expected to drive the growth of the technical textile market. HemaliNarkhede

  3. TECHNICAL TEXTILE MARKET OVERVIEW • Technical Textile Market Report, published by Allied Market Research, forecasts that the global market is expected to reach $244,032 million by 2022 from $158,429 million in 2015 with a CAGR of 6.4% from 2016 to 2022. • In 2015, the mobiletech segment accounted for approximately one-fifth of the total share of the end user industry in terms of revenue. • The robust growth in the production of automobiles and increase in construction activities has led to increased demand for mobiltech textile and hometech textile respectively.  • Technical textile is applicable in various automotive parts such as airbags, seatbelt, carpets, filters, hood liners, battery separators, and belt reinforcement as it reduces the overall weight of the vehicle.  • Read more at : • https://www.alliedmarketresearch.com/technical-textile-market

  4. TECHNICAL TEXTILE MARKET KEY BENEFITS • The technical textile market research provides a quantitative and qualitative analysis of the current market trends, estimations, and dynamics through 2014-2022, which assist in identifying the prevailing market opportunities in different end user segment. • Market trends of major countries in each region are mapped according to forecasted market revenue. • Exhaustive analysis of the global technical textile market by type helps in understanding the various types of technical textile products that are currently being used along with the variants that would gain prominence in the future. • Porter’s five forces analysis highlights the potency of buyers and suppliers participating in this market.

  5. TECHNICAL TEXTILE MARKET KEY FINDINGS • Asia-Pacific is expected to continue to lead the market during the forecast period followed by Europe. • Mobiltech end user segment generated the highest revenue and is projected to grow with a CAGR of 5.2% during the forecast period. • Geotech is the fastest growing end user segment in the technical textile market registering a CAGR of 7.3% during the forecast period. • The technical textile market in LAMEA region is expanding at a CAGR of 6.8% from 2016 to 2022. • Nonwoven type technical textile accounted for more than half of the share in the global technical textile market, registering a CAGR of 6.7% from 2016 to 2022.

  6. KEY PLAYERS IN INDUSTRY • DuPont de Nemours & co. • Ahlstrom corporation • Johns Manville • GSE Environmental Inc. • Royal Ten Cate • Freudenberg & Co. • Proctor and Gamble • 3M • Huesker Synthetic GmbH • Hindustan Technical Fabrics Limited • Download Sample Report : • https://www.alliedmarketresearch.com/request-free-sample/1841

  7. TECHNICAL TEXTILE MARKET SEGMENTATION

  8. TECHNICAL TEXTILE MARKET BYGEOGRAPHY North America Europe Asia-Pacific LAMEA

  9. Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/technical-textile-market Follow Us On

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