An exciting new study from the team of Lucintel found that non-woven textile market is expected to reach $3.2 billion by 2026 with a CAGR of 3.1%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The non-woven textile market is segmented based on end use industry, material type, product type, and region. In this market, non-crimp textile is expected to remain the largest product type, and wind energy segment is expected to remain the largest end use industry. Players can benefit from the available opportunities like presence of major composite component manufacturers for wind energy and transportation and it is also expected to witness the highest growth over the forecast period.
Development of new defect control technology for designing fabrics with no defects for better mechanical properties are emerging trends having impact on dynamics of the industry.
Saertex, Sigmatex, Vectorply, SGL, and Hexcel are some of the major players profiled in this 172 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising potential, high-growth opportunities for the global non-woven textile market by end use industries (transportation, marine, wind energy, aerospace & defense, construction, and others), by product type (non crimp and CSM/CFM), by material type (glass fiber, carbon fiber, and natural fiber and others),i and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the non-woven textile market?
Q.4 What are some changing demands of customers in the non-woven textile market?
Q.5 What are the new developments in the non-woven textile market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this non-woven textile area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this non-woven textile market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.