The Asia Pacific Conductive Textiles Market would witness market growth of 16.9% CAGR during the forecast period (2019-2025).
The conductive textiles industry has observed extensive adoption in medical devices. This coupled with the expanded usage of conductive textiles using graphene inks would provide more opportunities to the overall market during the forecast period. Furthermore, the accelerated awareness and health consciousness among customers worldwide are also expected to provide a strong potential to market growth. Advanced technology, such as antibacterial silver nanoparticles for electron-spin graphene fibers, is progressively used in these textiles. The progressive use helps to obtain energy from the atmosphere, regulate body temperature, and monitor muscle vibrations. Graphene is used primarily with cotton fabrics for the production of conductive cotton clothing.
Growing awareness among the population of Asia Pacific concerning the use of conductive wearables and a change in health awareness is projected to drive the demand over the forecast period. In addition, factors including rising population, strengthening economic conditions, and thriving manufacturing sectors are expected to have a positive impact on industry growth.
An increase in the demand for high-tech smart wearables from a number of end-use industries like military and healthcare, sports & fitness, is expected to boost market demand over the forecast period. Growing demand for smart fabrics and smart wearables to monitor health among the population is likely to be a key driver of the industry. The rise in the use of these items in the health monitoring sector is expected to bode well for the growth of the industry. In addition, the quick recycling of these textiles is projected to have a positive impact on the growth of the industry.
Based on Fabric, the market is segmented into Polyester, Nylon, Cotton and Wool. Based on Product, the market is segmented into Woven Textiles, Non-Woven Textiles and Knitted Textiles. Based on Application, the market is segmented into Healthcare, Sports & Fitness, Military & Defense and Other Applications. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 3M Company, Toray Industries, Inc., BekaertDeslee Holdings NV (Franz Haniel & Cie. GmbH), Seiren Co., Ltd., Laird PLC (Advent International), Swift Textile Metalizing LLC, Herculite Products, Inc., KGS Diamond Group SA, V Technical Textiles, Inc., and Eeonyx Corporation.
Scope of the Study
- Woven Textiles
- Non-Woven Textiles
- Knitted Textiles
- Sports & Fitness
- Military & Defense
- Other Applications
- South Korea
- Rest of Asia Pacific
- 3M Company
- Toray Industries, Inc.
- BekaertDeslee Holdings NV (Franz Haniel & Cie. GmbH)
- Seiren Co., Ltd.
- Laird PLC (Advent International)
- Swift Textile Metalizing LLC
- Herculite Products, Inc.
- KGS Diamond Group SA
- V Technical Textiles, Inc.
- Eeonyx Corporation
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