Technical textiles industry moving back to Europe
Ahead of Techtextil 2019-the leading event for technical textiles and nonwovens-to be held in Frankfurt, Germany, from May 14-17, Fibre2Fashion spoke to a cross-section of people seeking their views on the scope of the technical textiles industry.
The technical textiles market is one of the most innovative in the world. It is reported to be among the top five technology-intensive markets with a great potential for advancement. The industry accounts for about 30 per cent of global textile production and it is expected to expand at an annual growth rate of more than 4 per cent to $198 billion by 2022. The positive development of the industry is reflected by the large number of exhibitors and visitors at Techtextil and Texprocess, the leading events for technical textiles and nonwovens and the processing of textile and flexible materials.
Most nonwovens manufacturers focus on specific mass markets like hygiene or apparel. Accordingly, they match technologies with market requirements. This focus often comes at the cost of limited technical capabilities. In many specialty and industrial markets, we see a trend that customers have been demanding solutions that combine different functionalities in one new product, e.g. nonwovens that offer breathability and at the same time have high water resistance. We see this as a big opportunity to support customers in several of our key markets and in new markets, like e-mobility.
Published on: 22/04/2019
DISCLAIMER: All views and opinions expressed in this column are solely of the interviewee, and they do not reflect in any way the opinion of Fibre2Fashion.com.