Global Protech Textiles Market worth USD 11.60 Billion by 2024

Global Protech Textiles Market worth USD 11.60 Billion by 2024

Pune, India, April 01, 2019 -- /360iResearch/ -- The report "Global Protech Textiles Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024 (Q1 2019 Update)", published by 360iResearch, states that the global market was valued at USD 7.29 billion in 2017 and is projected to reach USD 11.60 billion by 2024, growing at a CAGR of 6.86% from 2017 to 2024.

The major forces driving the growth of the protech textiles market include the technological development in fibers and superior quality of protective textiles and increasing need of textiles manufactured primarily for their technical and performance properties in demanding application. Moreover, growing importance of safety and security at workplaces is also one of the factors that is driving the market growth. However higher production cost, and complex manufacturing methods may hinder the market growth. In the middle of difficulty lies opportunity such as the investments in protech textiles market, and government support for next-generation textiles. The possible challenges for the market growth is limited profit margins. But key players in the market are overcoming the challenges with continual improvement and innovation.

Based on material, the global protech textiles market is studied across Glass Fiber, Meta-Para Aramides, Modacrylic Cotton, Polyamide, and Wool Viscoses Polyamide. Based on product, the global protech textiles market is studied across Heat & Flame Resistant Clothing, High Altitude Clothing, Protection Against Ballistic, Protective Clothing Against Bacterial Or Viral, Protective Clothing Against Chemical, Protective Clothing Against Radiation, Protective Clothing Cold Wet Weather, and Protective Clothing For Military. Based on geography, the global protech textiles market is studied across Americas, Europe, Middle East & Africa, and Asia-Pacific.

The report features a competitive scenario of the protech textiles market and provides inclusive analysis of key growth strategies adopted by major players. Key company profiled in the study are 3M, ARGAR S.r.l., Ahlstrom Corporation, DowDuPont, DuPont, Freudenberg & Co., GSE Environmental Inc., Hindoostan Mills, Huesker Synthetic GmbH, Johns Manville, Kusumgar Corporates, Madhuram Fabrics Pvt. Ltd., Marina Textil S.L., PBI Performance Products, Inc., Proctor and Gamble, Royal Ten Cate NV, Schoeller Textil AG, Teijin., and W. L. Gore & Associates, Inc.

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