LONDON, Jan. 6, 2016 /PRNewswire/ -- The report by Future Market Insights on 'Global Technical Textile Market' for the period 2015–2020 represents the outlook in technical textile market across the globe. The primary objective of the report is to offer updates and market opportunities in the global technical textile market.
To understand and assess the insights on the global technical textile market, the report is categorically split under three sections namely: market analysis by region, applications, and process type. The report analyses the global technical textile market in terms of market value (US$ Mn) and volume ('000 Tonnes)
The report starts with an overview of technical textile market across the globe. This section also includes FMI's analysis of key trends, drivers, and restraints from supply and demand perspective. Impact analysis of key growth drivers and restraints based on the weighted average model included in the report better equips and arms client with crystal-clear decision making insights.
The next section of the report includes analysis of the global market on the basis of geographical segmentation. The global technical textile market is geographically segmented into six key regions which includes;
North America (U.S., Canada)
Western Europe (EU5)
Asia-Pacific (China, India, Japan)
Middle East and Africa
The next section of the report analyses the market based on applications and presents the forecast in terms of volume and value for the next five years. Applications covered in the report include:
The next section of the report analyses the market based on process type and presents the forecast in terms of value for the next five years. Process types included in report is categorized into three sub-segment which are:
Others (including Knitting, Weaving, Braiding)
To calculate the market size, the report considers average selling price of various types of technical textiles across geographies. Furthermore, data points such as regional split and market split by applications and process and qualitative inputs from primary respondents have been incorporated to arrive at apt market estimates. The forecast presented here assesses the total revenue technical textiles. When developing the forecast of the market, the starting point is sizing the current market, which forms the basis for the forecast of how the market is anticipated to take shape in the near future. Given the characteristics of market, we have triangulated the outcome based on different analysis based on supply side and demand side. However, quantifying the market across aforementioned segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalizing them after the forecast has been completed.
In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities across the technical textile market.
As previously highlighted, the market for technical textile is split into various sub categories based on region, process type and applications. All these sub segments or categories have been analysed in terms of basis point share (BPS) to understand individual segments relative contribution to growth. This detailed level of information is important for identification of many key trends in technical textile market.
Also, another key feature of this report is the analysis of technical textile market by regions, process type applications and its revenue forecast in terms of absolute dollar. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global technical textile market.
Furthermore, to understand key growth segments in terms of growth & performance of technical textile market, Future Market Insights developed market attractiveness index. The resulting index should help providers identify real market opportunities.
In the final section of the report, technical textile market landscape is included to provide report audiences with a dashboard view, based on categories of providers across the value chain, presence in technical textiles product portfolio and key differentiators. Few of the market players featured in the section include:
Low & Bonar PLC
E. I. du Pont de Nemours and Company (DuPont)
3M Company, Polymer Group Inc.
Milliken & Company Inc.
Arville Textiles Ltd.
Freudenberg & Co. KG and others.
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