San Francisco, 23 October 2018 - The global technical textiles market is expected to reach USD 193.16 billion by 2022, according to a new report by Grand View Research, Inc. Growth of key end-use industries such as agriculture, construction, packaging and automotive in BRIC nations is expected to remain a key driving factor for global technical textiles market. Being one of the most innovative branches of industry across the world is expected to create new avenues for market participants. Introduction of environmental regulations on conventional petroleum based technical textiles usage directly impacted the global market. Technical textiles are used in almost all modern industries including furniture, automotive, footwear, textiles and others.
3D weaving was the leading technology and accounted for 25.2% of total market volume in 2014. Nanofiber is expected to witness the highest growth of 4.1% from 2015 to 2022. Growth of nanotechnology across various end-use industries is expected to drive this segment over the forecast period. Full Research Report On Global Technical Textiles Market By Grand View Research: www.grandviewresearch.com/industry-analysis/technical-textiles-market Further key findings from the report suggest:
www.grandviewresearch.com/industry/smart-textiles Grand View Research has segmented the technical textiles market on the basis of technology, end-use and region: Global Technical Textiles Technology Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
www.grandviewresearch.com/press-release/global-technical-textiles-market About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. For More Information: www.grandviewresearch.com
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