/ Blog / Douglas Insights Adds Technical Textiles Market Research Reports to Its Comparison Engine

author

Erik Petrov

date

20 September 2022

Douglas Insights Adds Technical Textiles Market Research Reports to Its Comparison Engine

Douglas Insights has analysed various aspects of the Technical Textiles Market and revealed the changes in market trends due to increased awareness of technical textiles and subsequent increase in demand for the product. Its comparison engine has generated many research articles and reports, making it possible for several experts, analysts, and researchers to obtain essential information relating to key growth drivers and market restraints to make predictions and provide reports offering many insights into the global recycling market. The digital tool effectively compares all existing research and Publisher Ratings, Table of Contents, and Publication Dates.

 

The global market for Technical textiles is expected to grow significantly in the next forecast period. It is estimated to experience a CAGR of 6.2% by the year 2025. Technical textiles are textiles that are manufactured using both synthetic and natural fibres that are processed with specific chemical processes in order to create high-performing textiles that are of greater quality and strength than traditional textiles. These textiles are used mainly for garments and apparel, with an increased appearance in other applications, including medical and automotive. 

 

The Covid-19 pandemic led to a disruption in the chemical industry supply chain. This meant a disruption in the raw materials needed for manufacturing technical textiles. Although this may have led to reduced growth for the market, there was actually sustained growth due to the increased demand for medical garments such as masks and gowns made using technical textiles. 

 

The number one driver for the Technical Textiles Market is the global increase in awareness and demand for technical textiles. As there is an increase in awareness about the quality, functionality, and availability of technical textiles, demand for the product has increased as well. More and more consumers are demanding flexible, durable, high-quality, and high-strength textiles. Whether it is for activewear, undergarments, or medical apparel, technical textiles are superior to traditional textiles. 

 

A major restraint for the Technical Textiles Market is the high manufacturing and production costs of the textiles. Because of the advanced infrastructure and expensive raw materials needed to make technical textiles, the finished products produced are also very expensive. The pricing structures for the finished products do not always reflect the high production costs, leaving the producers with very low to zero profit margins. This is a factor that discourages the production of technical textiles. 

 

However, given the rise of new technologies every day, there are hopes that the production costs of technical textiles will be brought down in the near future. This will hopefully make commercial use of technical textiles feasible and affordable. Despite rising demand and newer technologies, there are still environmental mandates to deal with. Many countries have mandates that restrict or highly regulate the technical textile manufacturing materials. This can be seen as a significant challenge, especially when it comes to adjusting the manufacturing materials used for technical textiles in different regions. 

 

The Asia-Pacific region has the largest market share for the production of technical textiles in 2019 as a result of an improving economy, higher working populations, and rising demand for hygiene products. This trend is expected to continue during the forecast period until 2025. As for key market players, some of the players to watch out for include Asahi Kasei (Japan), DuPont (US), Mitsui Chemicals (Japan), Berry Global Group (US), and Freudenberg & Co. (Germany). Players such as Low & Bonar (UK), SRF Limited (India), Toyobo Co. (Japan), Milliken & Company (US), and Koninklijke Ten Cate (Netherlands) are also making strides in the market. 

Share on

Continue Reading

Five Leading Manufacturers Of Commercial Vehicles

Technological advancements and automation encourage commercial vehicle manufacturers to produce safer, better, and more robust trucks to encourage comfortable and reliable drives. Although the commercial vehicle market was severely impacted due to the pandemic and limited trading and supply chains, some producers remained at the top of their production and innovation. Therefore, their market shares remained more or less constant as well.

5 Technology Trends Reshaping the Women’s Fashion Industry

Certain technology trends are reshaping the fashion industry and the women's fashion industry in particular. Let's take a look at 5 of those technology trends.

Five Biggest Men Leather Shoes Manufacturers

The global industry may have faced slight stagnancy during the pandemic because of restricted outdoor gatherings. However, with covid reopening and lives slowly returning to normalcy, demands are picking up again- especially in developed economies where spending on ensembles and accessories increases.

Portable Medical Electronic Products – Market Trends and Forecasts

These products have improved the mobility of patients in hospitals and at home. The market for portable medical electronics is expanding as a result of rising technical improvements. Between 2021 and 2031, there will be a considerable increase in the market for portable medical electronics.

Recent Press Releases

Douglas Insights Adds Lithium Sulphur Battery Market Research Reports to Its Comparison...

With the addition of lithium sulphur battery market research reports, Douglas Insights has further extended its comparative engine, making it possible for en...

Douglas Insights Expands Its Comparison Engine With Gamification in Education Market Re...

Douglas Insights has included Gamification in Education Market report in their comparison engine for market research reports allowing clients to access and r...

Douglas Insights Adds 2-axis Milling Head Market Research Reports to Its Comparison Engine

Douglas Insights’ Comparison Engine has extended its vast library of public and private reports by adding a 2-axis Milling Head Market report. The numerous r...

Non-Fungible Token (NFT) : Market Research Report with Comparison – Douglas Insights

Douglas Insights is among the world's first comparison search engines and has yet again expanded to include the market trends, opportunities, restraints, dri...