Zion Market Research, the market research group announced the analysis report titled ‘Performance Fabric Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024‘
Global Performance Fabric Market: Overview
Performance fabrics are fabrics which are designed to be utilized in a variety of applications where the performance of the fabric is of prime importance. They are used in protective wears, sportswear, mountain activities, active wears, urban wears, trekking, summer, and winter wears, military, and other work wears. Performance fabrics provide extra comfort and protection in extreme weather conditions. The performance fabric goes through a number of processes such as selection of fibers; blending; spinning; knitting with other yarns such as elastane, cotton, bamboo, acrylic, viscose, and nylon; and lastly is finished with the help of chemicals. Nano-particles have high surface energy and large surface area-to-volume ratio hence they provide better affinity and high durability to the performance fabrics.
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Global Performance Fabric Market: Growth Factors
Increased demand for improved functionality and comfortable fabrics from end-user industries is expected to drive the global performance fabric market. The technological developments have opened up new avenues for the performance fabric market. Performance fabric is the fastest growing sector in the global textile industry. The growth of the market is mainly attributed to changes in the lifestyle of people. Active sports including snowboarding, athletics, mountaineering, windsurfing, parachuting, aerobics, swimming, running, ballooning, hiking, sailing, cycling, and other recreational activities require garments that are made from performance fabric for more comfort. The demand for performance fabrics is increasing at a rapid pace due to the increase in terror attacks, fire incidences, and others. The corporate sector also demands more functional clothing. Performance fabrics are not only good functionally but are also fashionable and stylish. High-tech fabrics and apparels are made from high-performance fabrics. Rising industrial risk owing to exposure to hazardous materials such as polluting wastes, chemicals, and others hampers the global market growth.
Global Performance Fabric Market: Segmentation
The global performance fabric market is segmented into its end-use industry, type, applications, and regions. Based on the end-use industry, the market is divided into sports apparel, construction, industrial, aerospace & automotive, defense & public safety, fire-fighting, and others. On the basis of type, the global market is segregated into high-tenacity polyester, aramid, coated fabrics, composite fabrics, polyamide, and others. The various applications where the performance fabric is used include anti-microbial, water resistance, UV resistance, stain resistance, fire resistance, abrasion resistance, and others. Of these, the anti-microbial segment is expected to be the fastest-growing application in the global market. Regionally, the global performance fabric market is diversified into Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa.
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Global Performance Fabric Market: Regional Analysis
Growing awareness among the people for physical fitness and personal hygiene in the North American region fosters the demand for performance fabrics in the global market. Increasing threats to the homeland security, burgeoning construction, and growing industrial sectors in this region also fuel the growth of the market. Europe and Asia Pacific are also contributing a good share in the global performance fabric market.
Global Performance Fabric Market: Competitive Players
The major players in the global performance fabric market are Topweaving New Material Tech., Sunbrella, Owens Corning, Omnova Solutions, Spradling International, Novustex, Royal Tencate, and Koch Industries. Other players include Hexcel, La-Z-Boy, Linz Textil, Sigmatex, Milliken & Company, Glen Raven, W.L. Gore & Associates, NMG China, Dupont, and STI.
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Global Performance Fabric Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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What Report Provides
- Full in-depth analysis of the parent market
- Important changes in market dynamics
- Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
- Market share analysis
- Key strategies of major players
- Emerging segments and regional markets
- Testimonials to companies in order to fortify their foothold in the market.
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