LONDON--(BUSINESS WIRE)--The market for technical textiles is flourishing worldwide in a diverse range of industries as new innovations, applications, and technologies are developed. Technical textiles consist of a broad range of products and have an even wider range of uses. Details about this thriving market are some of this week’s top stories on BizVibe. BizVibe is the world’s smartest B2B marketplace and allows users to discover high quality leads, contact prospects, and source quotes. Register today to connect with over seven million companies around the globe.
Agro-textiles are now an essential part of the agriculture industry
The growth of and demand for the agro-textiles market is directly linked to the demand for food and other agricultural products. The category of agro-textiles includes knitted, woven, and non-woven fabrics that are used for agriculture, fishing, landscaping, and related applications.
Agro-textiles can decrease the amount of fertilizer, water, and pesticides needed to maintain healthy crops, which reduces costs and waste, and can also reduce the amount of energy needed to heat greenhouses. They also make it easier for farmers to grow out-of-season crops and to adapt their crops and practices to changes in climate and other environmental factors. These advantages are driving the global agro-textiles market, which is now valued over USD 8 billion, accounting for roughly 6% of the global technical textiles market.
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North America and Europe lead the rapidly-growing medical textiles market
The medical textiles sector is becoming one of the fastest-growing sectors in the global technical textiles market, and is expected to reach USD 20.23 billion by 2022. Medical textiles are used in health and hygiene, personal care, and surgical applications, and are available in knitted, woven, and nonwoven forms depending on the intended purpose and area of application or use.
Non-woven fabrics are currently dominating the global medical textiles market, accounting for over half of the market’s volume. North America and Europe currently lead the global medical textiles market largely due to continuous research and development efforts. This trend is expected to continue for the foreseeable future, though the growth of APAC’s medical textiles market (at a CAGR of 6% by 2020) will offer some competition.
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Connecting with textiles companies on BizVibe
In addition to technical textiles, BizVibe is home to over 150,000 textiles and apparel companies across all sectors. Connecting with any of these companies is simple thanks to the aggregating, categorizing and parsing of data from thousands of sources using machine learning tools and several sophisticated algorithms. This advanced match making program provides the user with a full set of inbuilt tools designed to connect like-minded business with each other, making business life easier.
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