The natural fiber segment is expected to portray the highest CAGR of 5.9% during the forecast period, owing to rising consumer awareness regarding damage caused by synthetic materials to the environment and its beneficial characteristics such as low cost, lightweight, and renewability. However, the synthetic polymer segment dominated the market in 2019, contributing to more …
Tag Archives: Technical Textile
Technical Textile Market: This Report Explains How This Industry Will Witness Comprehensive Growth by 2020-2027
The market across Asia-Pacific held the largest share in 2019, contributing to more than one-third of the market. Moreover, the region is anticipated to register the highest CAGR of 5.9% during the forecast period, due to developing or growing consumer base and rising awareness among construction and agriculture sector regarding technical textile benefits. The global …
Technical Textile Market | Global Industry Report Based on Product Sales and Growth Rate, Assessment to 2027
Rise in demand for geotextile from developing nations and preference for non-woven technical fabrics propel the growth of the global technical textile market. Asia-Pacific accounted for the largest share in 2019, and will maintain its lead position during the forecast period. The supply chain has been disrupted due to lockdown during the Covid-19 pandemic. This …
Technical Textile Market Qualitative Insights on Application & Outlook by Share, Future Growth
Rise in demand for geotextile from developing nations and preference for non-woven technical fabrics propel the growth of the global technical textile market. Asia-Pacific accounted for the largest share in 2019, and will maintain its lead position during the forecast period. The supply chain has been disrupted due to lockdown during the Covid-19 pandemic. This …
Technical Textile Market is Growing Rapidly with Recent Demand, Trends, Development, Revenue and Forecast to 2027
The global technical textile industry generated $201.2 billion in $201.2 billion in 2019, and is expected to reach $274.1 billion by 2027, growing at a CAGR of 5.1% from 2020 to 2027. Drivers, restraints, and opportunitiesRise in demand for geotextile from the emerging economies and surge in preference for non-woven technical fabric have boosted the growth of the global technical textile market. However, …