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Technical textiles - Coming in to its own
04
Jun '08
With a sales volume of Euro 60 Billion, technical textiles today are the fastest growing branch in the textile industry. With an average growth of 3.8 percent since 1985, the market for technical textiles is surely on its way to success.

According to information of the Industrievereinigung Chemiefaser e.V. (Industrial Association Chemical Fibres) 99% of the fibres in the technical area are man-made fibres. Of these, 16% contribute to clothing, 55% to technical textiles and 29% to home textiles. The textiles produced by the German textile industry are already referring to the amount of about 45% for Technical Textiles.

A study of the Mannheimer Zentrum für Europäsche Wirtschaftsforschung (Mannhein Center for European Economy Research) shows that the German textile industry is, thanks to continuous innovations, internationally among the six Lead-Market-Branches, alongside the automobile industry, engine-building, control engineering and optics.

These statements are verified by the Righby-Study, which presented in 2005 for the first time, a preview for the world market of the Technical Textiles. According to the information available, world market volume in the year 2000 was estimated at 16.7 million tons, at a value of US $92.88 billion.

Up to the year 2010 a yearly volume growth of 3.6% is expected. Furthermore, it is assumed that the worldwide consumption in Technical Textiles will rise to 23.77 million tons by 2010, growing to a value of US $127 billion.

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