According to a new market research report the “Top 10 Fabrics Market (Antimicrobial Textiles, Coated Fabrics, Fire Resistant Fabrics, Non- Woven Fabrics/Textiles, Performance Fabrics, Polymer Coated Fabrics, Protective Fabrics, PTFE Fabrics, Smart Textile, and Technical Textile) – Global Forecast to 2021″, The report study covers the top 10 fabrics markets which have high growth prospects during the forecast period. The key markets covered in this report include non-woven fabrics/non-woven textiles, technical textiles, performance fabrics, coated fabrics, polymer coated fabrics, protective fabrics, fire-resistant fabrics, PTFE fabrics, smart textiles, and antimicrobial textiles.
This report also provides a comprehensive analysis of the companies listed below:
- E. I. du Pont de Nemours and Company (U.S.), Koninklijke Ten Cate nv (Netherlands), W. L. Gore & Associates, Inc. (U.S.), Low & Bonar plc (U.K.), Teijin Limited (Japan), Saint-Gobain S.A. (France), BASF SE (Germany), Kimberly-Clarke Corporation (U.S.), 3M Company (U.S.), and Gentherm Incorporated (U.S.)
In this report, both, top-down and bottom-up approaches have been used to estimate and validate the size of the global top 10 fabrics market and to estimate the sizes of various other dependent submarkets. Secondary resources include annual reports, press releases and investor presentations of companies; white papers; certified publications; articles from recognized authors; and gold standard & silver standard websites such as Factiva, ICIS, Bloomberg, and so on. Findings of this study were verified through primary research by conducting extensive interviews with key officials such as CEOs, VPs, directors, and other executives.
Koninklijke Ten Cate nv (Netherlands) is another active player in the fabrics market which launched new products. In May 2015, TenCate Protective Fabrics (Netherlands), a division of TenCate, launched a new TenCate defender thermal barrier and liner fabric with TenCate Coolderm technology. It is used in firefighting turnout gears. This combination of fabric and technology makes TenCate defender the most advanced layered system for firefighters available in the European market. These developments helped the company to expand its product portfolio.
Teijin Limited (Japan) is one of the leading players in the top 10 fabrics market and has launched new products recently. In February 2016, Teijin Limited (Japan) developed two new fabrics, Twaron and Technora para-aramid fibers. These fabrics are used to protect facilities from airborne volcanic fragments up to 10 cm. These developments helped the company to expand its product portfolio.
Technical textiles market is projected to grow at a CAGR of 5.2% during the forecast period
Technical textiles accounted for the largest market share among the top 10 fabrics market and is projected to grow at a CAGR of 5.2% from 2016 to 2021, in terms of value. Increasing adaptability of new products have influenced traditional manufacturing to escalate the pace of innovation, and upgrade the traditional fibers by contributing to the technical developments in textiles. The Asia-Pacific region led the global technical textiles market in 2015. This is mainly due to advancements in technologies and the increasing demand from the automobile, healthcare, aerospace, agriculture, and other industries.
Performance fabrics is projected to grow at a CAGR of 4.8% during the forecast period
Performance fabrics are fabrics that are engineered for a wide variety of uses, where performance of the fabric is the major parameter, and can be used for defense, industrial safety, sports & adventure gear, and automotive & aerospace applications, among others. The growing awareness of personal hygiene and an increasing consciousness regarding physical fitness along with the demand for better performing fabrics for defense and industrial applications are the major drivers in the market. The global performance fabrics market size is estimated to be valued at USD 65,523.57 million in 2016 and is expected to grow at a CAGR of 4.21% from 2016 to 2021.
Non-woven fabrics/textiles is projected to grow at a CAGR of 7.9% during the forecast period
Non-woven fabrics/textiles are largely used in industries such as, hygiene, medical, automobile, and construction. The introduction of products with reduced costs for usage in highly cost-sensitive hospitals and the availability of modern health care are driving the consumption of non-woven fabrics/non-woven textiles. The global market size of non-woven fabrics is projected to reach USD 51,468.5 billion by 2021, at a CAGR of 7.87% from 2016 to 2021.