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Global Technical Textile Market 2019-2026: Top Global Players DuPont, Ahlstrom-Munksjö, Freudenberg Performance Materials, Koninklijke Ten Cate bv, Lenzing Plastics, Low & Bonar, Mitsui Chemicals, Inc., Alexium International, Berry Global Inc.

Global Technical Textile Market

Global Technical Textile Market Report Provides Future Development Possibilities By Key Players, Key Drivers, Competitive Analysis, Scope, Key Challenges Analysis. The Reports Conjointly Elaborate The Expansion Rate Of The Industry Supported The Highest CAGR And Global Analysis. This Report Providing An In Depth And Top To Bottom Analysis By Market Size, Growth Forecast By Applications, Sales, Size, Types And Competitors  For The Creating Segment And The Developing Section Among The Global Technical Textile Market, Market Expansion Worldwide With Top Players Future Business Scope And Investment Analysis Report

Global Technical Textile Market is projected to register a healthy CAGR of 10.4% in the forecast period of 2019 to 2026.

Major Players: Global Technical Textile Market

Some of the major players operating in this market are DuPont, Ahlstrom-Munksjö, Freudenberg Performance Materials, Koninklijke Ten Cate bv, Lenzing Plastics, Low & Bonar, Mitsui Chemicals, Inc., Alexium International, Berry Global Inc., DeRoyal Industries, Inc, Swift Textile Metalizing LLC, Toyobo Co., Ltd., Asahi Kasei Corporation, SRF Limited, ITG Company and others.

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Drivers: Global Technical Textile Market

Growing Demand for Polypropylene in Non-Wovens:

Non-woven fabrics are produced from the polypropylene which is a homo polymer. Technical textiles are engineered from fibers or from the material, from which the fibers are processed. The textiles have various applications in crop protection, automotive applications, safety components, fireproof layers and implants in healthcare, protective clothing and many more.

In technical textiles, raw materials are used to provide mechanical, chemical and physical properties and also to ensure softness, flexibility, strength, elasticity, bacterial resistance, porosity and electrical resistance to the fabric which is used in the manufacturing process.

Non-woven fabrics are used for various purposes such as covers, carry bags, thermal insulation, ballistic protection, fireproof layers and others. Non-woven fabrics are usually manufactured with polypropylene that provides various properties including strength, elasticity and thermal insulation which is achieved by Spun Bond Process (SBP).

Investment Promotion Schemes by Government:

The investment and promotional initiatives by the government, related to the textile industries enhanced the market of technical textiles in various regions as it avail several benefits from the government for instance,

The government of India, have investment promotion schemes which comprises several values leading to the growth of textile market and the scheme includes:

  • Technology Upgradation Fund Scheme (TUFS)
  • Scheme for Integrated Textile Parks (SITP)
  • Coverage of major machinery for technical textile manufacturing under concessional customs duty list of 5.0%

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Restraints:

High Cost of Raw Materials Used In the Technical Fabrics:

The demand of the technical fabrics is directly associated with the growth of economy of textile industry. In the textile industry the overall 66.0% of the total cost depends on the raw materials. From the starting to the final product the textile industry includes various steps such as from cotton picking through spinning and weaving to finishing.

The technical textile is produced from the process of spinning and twisting and the raw material used in the textiles are natural threads, fibers, chemical fibers, dyes and many more which have desired properties.

The natural fibers included in the technical textiles are cotton, jute, silk and coir, whereas manmade raw materials used are iscose, PES, nylon, acrylic/mod acrylic, polypropylene and the polymers like high density poly ethylene (HDPE), low density poly ethylene (LDPE) and poly vinyl chloride (PVC), which is widely used in around 40.0% in the technical textile.

OPPORTUNITIES:

Recyclability of the Technical Textiles:

The Technical Textiles and Nonwoven Association of Australia, called various countries to support the investigation of National Carpet Recycling Program and for a Cooperative Research Centre for sustainable products and plastics, including the reprocessing or depolymerisation of materials to be established with the textile/carpet sector

Textile industry is largest consumer good industry, every person require garments and other daily need products which is made up of the textiles such as bags, footwear and many more.  The manufacturing of the goods made up of textiles releases high amount of pollution and also the consumption of textiles release high waste. To reduce the waste and pollution produce from the textile industry, textile recycling and reproduction & reuse of fibers from textile waste is used.

CHALLENGES:

Environmental Concerns Associated With the Textiles:

  • The manufacturing of the textiles comprises process from cultivation of fibers to the final fabrics, spinning, weaving which produces the harmful wastes leading to the environmental pollution and are considered as worst offenders in pollution.
  • The manufacturing process of technical textile includes release of harmful chemicals. These released carcinogenic chemicals are absorbed in the environment and are inhaled by the population which may lead to cancer among population.

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