The global technical textiles market size is projected to reach USD 195.36 Billion by 2026; attributed to the increasing number of applications including construction and civil engineering, household furnishings, and others. Technical textiles are materials that focus more on performance rather than appearance and are currently in demand from multiple industries. According to a recently published report by Fortune Business Insights™ titled, “Technical Textiles Market Size, Share & Industry Analysis, By Product Type (Agrotech, Buildtech, Clothtech, Geotech, Hometech, Indutech, Medtech, Mobiltech, Packtech, Protech, Sporttech and Oekotech), By Fiber Type (Natural Fiber and Synthetic Fiber), By Product Form (Fabric, Fiber, and Yarn) and Regional Forecast, 2019-2026,” the market value was USD 159.29 billion in 2018 and will rise at a CAGR of 2.7% during the forecast period set from 2010 to 2026.
Browse Summary of this Research Report Enable with Detailed Table of Content: https://www.fortunebusinessinsights.com/technical-textiles-market-102716
Worldwide COVID-19 Impact on Technical Textiles Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this, too, shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling, and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.