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1. Observations by products
Technical textile in all kinds of fields appeals growing until
2018. As expected, the growth of terminal market will be
higher than the average rate; therefore it will increase the
technical textile demand including car textile, industrial
textile, sport textile, architecture textile and agriculture
textile (See Figure 1). These markets will have great
potential growths.
a. Mobil textile
This textile could be used for cars, airplanes, railways,
boats and other transportation facilities like tire cord,
chair cover, seat belt, AC filter, tufted carpet, mat and
other car textile. The expected car textile demand
until 2018 will reach 4,486 thousand tons. The annual
compound growth rate from 2012 to 2018 is 3.4%.
b. Industrial textile
This textile covers from all the filter or cleaning industrial
textile during the production process such as AC filter, dust
removal filter, conveyor draper, flexible tube and abrasion
resistant products, etc. The global industrial textile demand
will reach 3,564 thousand tons. The annual compound
growth rate from 2012 to 2018 is 3.8%
c. Sports textile
Sports textile compasses sports equipment including
sports bag, artificial turf, all kinds of sports bag, canvas and
so on. The global sport textile demand in 2018 will reach
2,288 thousand tons. The annual compound growth rate
from 2012 to 2018 is 3.7%.
d. Architecture textile
Architecture textile refers to the textile used in the
Source:
Transparency Market Research
, provided by ITIS Project of TRRI (2014.06)
Figure 1: 2010-2018 Global Technical Textile market scale and growth tendency