Technical Textiles Market Intelligence Report Offers Growth Prospects
The global technical textile market is expected to reach US$ 193 billion in revenues in 2020, with global consumption expected to surpass 37 million tonnes. Robust demand from China and India is projected to continue, whereas the demand for advanced materials will become stronger in the U.S. and EU5. Global consumption is expected to grow at a CAGR of 5.4% through 2020, indicating steady growth opportunities for textile companies.
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