ASIA PACIFIC TECHNICAL TEXTILES PRODUCTION BOOMS – WITH HIGHER COST COUNTRIES INVESTING IN INNOVATION
October 1st, 2016
THE ASIA-PACIFIC region has been regarded as the workshop of the world for most of the 21st century, and this is especially true for the technical textile sector, where output has continued to grow, partly fuelled by growing regional demand.
The global market for technical textiles is projected to generate USD193.7 billion in sales by 2020. Within the Asia-Pacific region, China is expected to have the largest value at 55%, with the rest of the Asia-Pacific at 22.6%, according to Pune, India–based research firm Future Market Insights’ report entitled, ...
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