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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Press Release
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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