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Technical Textile Market

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>

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Technical Textile Market

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  1. Technical Textile Market  Global Opportunity Analysis and Industry Forecast, 2014-2022

  2. TECHNICAL TEXTILE MARKET c 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. The growing construction and housing activities in emerging economies such as India and China has fueled the growth of hometech textiles in household application.

  3. TECHNICAL TEXTILE MARKET c The global technical textile market is driven by increasing demand for hometech textile and mobiltech textile. The application of technical textile in mobiltech segment is crucial, as it reduces the weight of vehicles by providing light advanced material that is strong and durable. Various components of automobiles such as seat upholstery, carpets, seat belts, headliners, tire cords, liners, composite reinforcements for automotive bodies, civil and military aircraft bodies, wings, and engine components are made up of technical textiles, owing to their light weight and high strength. The growing construction and housing activities in emerging economies such as India and China has fueled the growth of hometech textiles for household application. Moreover, government regulations mandating the use of geosynthesis in infrastructure development projects has paved the way for growing demand in the technical textile market. The Asia-Pacific region generated the highest revenue in 2015, which is expected to grow at CAGR of 7.8% from 2016 to 2022. Asia-Pacific is expected to maintain its dominant position during the forecast period. Europe and North America are the second and third leading regions in the technical textile market respectively.

  4. TECHNICAL TEXTILE MARKET c The Asia-Pacific region generated the highest revenue in 2015, which is expected to grow at CAGR of 7.8% from 2016 to 2022. Asia-Pacific is expected to maintain its dominant position during the forecast period. Europe and North America are the second and third leading regions in the technical textile market respectively.

  5. TECHNICAL TEXTILE MARKET c • Key Benefits for Stakeholders: • 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.

  6. TECHNICAL TEXTILE MARKET c TECHNICAL TEXTILE MARKET KEY SEGMENTS By Funtion By Application • Agrotech • Buildtech • Clothtech • Geotech • Hometech • Indutech • Meditech • Mobiltech • Ecotech • Packtech • Automotive • Filtration • Construction • Environmental Protection

  7. TECHNICAL TEXTILE MARKET c TECHNICAL TEXTILE MARKET KEY SEGMENTS North America Europe Asia-Pacific LAMEA Download Full Report Sample: https://www.alliedmarketresearch.com/request-sample/1841

  8. TECHNICAL TEXTILE MARKET • Contact: • Shriram Dighe • 5933 NE Win Sivers Drive • #205, Portland, OR 97220 • United States • Toll Free: +1-800-792-5285 • UK: +44-845-528-1300 • Hong Kong: +852-301-84916 • India (Pune): +91-20-66346060 • Fax: +1⟨855⟩550-5975help@alliedmarketresearch.com • Web: https://www.alliedmarketresearch.com c

  9. TECHNICAL TEXTILE MARKET c Thank You! For More Details Visit us at https://www.alliedmarketresearch.com Follow Us On

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