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Cooling Fabrics Market by Application (Sports Apparel, Protective Clothing, Lifestyle), Type (Synthetic, Natural), and Region - Global Forecast to 2021
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MarketsandMarkets™ Presents Cooling Fabrics Market by Type & Region - Global Forecast to 2021
Cooling Fabrics Market worth 2.94 Billion USD by 2021 The report "Cooling Fabrics Market by Application (Sports Apparel, Protective Clothing, Lifestyle), Type (Synthetic, Natural), and Region - Global Forecast to 2021", The cooling fabrics market was valued at USD 1.80 Billion in 2016 and is projected to reach USD 2.94 Billion by 2021, at a CAGR of 10.3% from 2016 to 2021.
Cooling Fabrics Market worth 2.94 Billion USD by 2021 Browse >> 45 data tables 48 figures 156pagesand in-depth TOC on “Cooling Fabrics Market” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. The cooling fabrics market was valued at USD 1.80 Billion in 2016 and is projected to reach USD 2.94 Billion by 2021, at a CAGR of 10.3% from 2016 to 2021.Report Price :Single User License : US $ 5650 Corporate User License : US $ 8150
Cooling Fabrics Market worth 2.94 Billion USD by 2021 Major reasons fueling the growth of the cooling fabrics market are the increasing demand from sportswear and protective wearing market applications. Innovations in the textile industry and demand for new garments that provide long lasting cooling effect are also expected to drive the cooling fabrics market in the coming years.
Cooling Fabrics Market worth 2.94 Billion USD by 2021 The synthetic segment is expected to grow at the highest rate in the cooling fabrics market by 2021 Based on type, the synthetic cooling fabrics segment is estimated to grow at the highest rate in the cooling fabrics market during 2016-2021 due to the increasing demand from and usage in various end-use industries. Durability of synthetic fabrics and cooling provided by them, which are sometimes not achievable with natural fabrics, lead to their higher market share. Easy availability of raw materials used to make these fabrics is another factor that drives the growth of this segment. Hence, synthetic cooling fabrics are widely used in different end-use industries. Hence, synthetic cooling fabrics manufactured from nylon, polyester, and spandex are used widely.
Cooling Fabrics Market worth 2.94 Billion USD by 2021 The sports apparel segment is expected to lead the cooling fabrics market by 2021 By application, the sports apparel segment accounted for the largest share of the cooling fabrics market in 2016. Growth of this segment can be attributed to the growing sportswear market and increasing number of sports enthusiasts around the globe. In sports apparel application, cooling fabrics are used to make T-shirts, headgears, wrist bands, and neck bands, among others.
Cooling Fabrics Market worth 2.94 Billion USD by 2021 North America is projected to be the largest market for cooling fabrics by 2021 North America accounted for the largest share of the cooling fabrics market in 2016, followed by Europe. Increasing military expenditure, innovations in cooling fabric products for medical applications, and growing concerns for health and safety of workers are expected to drive the demand for cooling fabrics in the North American market in the coming years. Existing players are planning capacity expansion in the next few years as there is an increasing demand for cooling fabrics from various end-use applications.
Cooling Fabrics Market worth 2.94 Billion USD by 2021 Key Players in the Cooling Fabrics Market: Major market players covered in this report include Ventex (Korea), Nan Ya Plastics (Taiwan), Tex-Ray Industrial Co. Ltd. (Taiwan), Invista (U.S.), Ahlstrom (Finland), Formosa Taffeta Co. Ltd. (Taiwan), Singtex (Taiwan), and Coolcore LLC (U.S.) etc. Purchase a Copy of this Report Today !
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