Technical Textiles Market Will Be Worth of Usd 160.38 Billion in 2018, Expanding at a Cagr of 3.3% by 2018

Transparency Market

Research

Technical Textiles Market - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast, 2012 - 2018

Published Date

23-June-2013

115 Page Report

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Rising Adoption of Technical Textiles in Automotive Sector

Benefits Global Technical Textiles Market, Says TMR

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Technical Textiles Market

REPORT DESCRIPTION

Technical Textiles Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 2018

The top four players in the global technical textiles market are Freudenberg, E.I. du Pont de Nemours & Co.,

Kimberley Clark Corporation, and Ahlstrom Corporation. The collective share of these players accounted for

43.4% in 2012. Product innovation and developing enhanced technical textiles will be the key focus area of

these leading players in the years to come, observers Transparency Market Research through its latest

publication. “Catering to the burgeoning demand for geotextiles in the developing nations of India and China is

expected to present lucrative growth opportunities to the vendors in the global technical textiles market,” states

the lead author of this research report.

According to the research report, the opportunity in the global technical textiles market is expected to be worth

US$160.38 bn by 2018 rising from US$145.92 bn in 2015. Despite a slight dip, Hometech will remain the

leading application segment in the global market, acquiring a share of 16.9% by 2018. The growing demand for

technical textiles in for home care is expected to increase the share of Hometech segment in the overall

market by the end of the forecast period. Asia Pacific is expected to dominate the global market with a leading

share of 46.8% by the end of 2018.

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