The Asia Pacific Cooling Fabrics Market would witness market growth of 18.7% CAGR during the forecast period (2020-2026).
The usage of cooling fabrics in sportswear applications is increasing owing to moisture, perspiration & heat resistance, lightweight, intelligent, and easy to carry properties of these garments. These properties aid in regulating the temperatures of a body of the wearers regardless of the outside temperature. Sportspersons are inclined towards those kinds of outfits that are prepared from cooling fabrics to remain dry while they remain on the sports field. Using this fabric, wearers feel comfortable and hence his sports performance can be increased.
Cooling fabrics are also utilized to develop protective wear. Protective fabrics are prone to adverse & hostile environments, including high temperatures. People who work in these conditions experience a slow increment in body temperatures. Cooling fabrics develop a cooler microclimate to eliminate the heat between the environment & the heat. Therefore, the rising demand for cooling fabrics in sportswear & protective clothing would boost the growth of global cooling fabrics.
Rayon, polyester, nylon, and spandex are some of the examples of synthetic fabrics & these fabrics have high breathability & appropriate ventilation. The easy & high availability of raw materials for making synthetic cooling fabrics is another factor that boosts the growth of the market. The inclinations toward nylon & polyester for making cooling garments have increased due to their smooth feel, lightweight, and resistance to perspiration & UV rays.
The China market dominated the Asia Pacific Synthetic Market by Country in 2019, thereby, achieving a market value of $166.3 million by 2026. The Japan market is experiencing a CAGR of 19.5% during (2020 - 2026). Additionally, The Malaysia market is estimated to grow at the highest CAGR of 20.1% during (2020 - 2026).
Based on Application, the market is segmented into Sports Apparel, Protective Wear, Lifestyle and Other Applications. Based on Type, the market is segmented into Synthetic and Natural. 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 Kraton Corporation, Ahlstrom-Munksjo Oyj, Asahi Kasei Corporation, Formosa Taffeta Co. Ltd., HexArmor, Tex-Ray Industrial Co., Ltd., Nilit Ltd., Koch Industries, Inc. (Invista BV), Coolcore LLC, and Milliken & Company.
Scope of the Study
Market Segments covered in the Report:
- Sports Apparel
- Protective Wear
- Other Applications
- South Korea
- Rest of Asia Pacific
- Kraton Corporation
- Ahlstrom-Munksjo Oyj
- Asahi Kasei Corporation
- Formosa Taffeta Co. Ltd.
- Tex-Ray Industrial Co., Ltd.
- Nilit Ltd.
- Koch Industries, Inc. (Invista BV)
- Coolcore LLC
- Milliken & Company
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