Know More About “Conductive Textiles Market 2019-2025” Growth Worldwide
The global conductive
textile market size is expected to reach USD 3.99 billion by 2025, as per a new report by Grand View
Research Inc. expanding at a CAGR of
16.5% over the forecast period. Rising awareness among consumers regarding
conductive textiles owing to their use in health & fitness tracking,
temperature monitoring coupled with its anti-radiation properties is likely to
propel demand.
Conductive textiles are manufactured by integrating the
fabric, fiber or yarns with the electronic devices which result in high tech
wearables. Integration of electronic devices enhances the performance of the
wearables in terms of communication, monitoring, and conducting energy. These
wearables can emit light and provide protection against various pollutants.
Companies like Herculite,
AIQ, and Eeonyx have been involved in the manufacture of conductive
garments such as heating fabrics, gloves and anti-radiating garments and
operate their business through multiple patents and trademarked products
Browse Research
Report On conductive textile Market:
The basic raw materials required to
produce conductive textiles include fiber, yarns, fabric, dyes, and chemicals.
Increasing demand for nylon and polyester as raw material fabrics for producing
conductive garments owing to its smoothness, high resistance to perspiration,
insects and most chemicals has aided in enhancing the durability and
performance of conductive textiles.
The fluctuating
raw material prices of nylon chips used in the production of conductive
textiles is likely to hamper overall industry growth. The growing consumption
and raw material scarcity have led to an increase in raw material prices, which
has further increased the cost of finished or end-use products.
Further
key findings from the report suggest:
·
Nylon fabric was the dominant segment in
2018 accounting for 45.6% of the overall revenue owing to its light weight and
ease in the production of more durable nylon based textiles
·
Sports and fitness segment is expected to
witness the fastest growth growing at a CAGR of 18.0 from 2019 to 2025 owing to
the integration of smart technology with textiles that allows tracking of
footsteps and heart rate
·
The industry in U.S. is expected to
register a revenue of USD 1,073.2 million by 2025 on account of the growing
adoption of the product in the production of clothing in the defense industry
coupled with increased adoption in the sportswear segment
·
The conductive textile market in Asia
Pacific is expected to register a growth of 18.6% from 2019 to 2025 on account
of rising consumer awareness regarding the use of conductive wearables across
various applications
High manufacturing cost of
conductive textiles on account of extensive research and development is
expected to hamper overall industry growth. In addition, the manufacturing
process of infusing electronic devices into the garments is cost intensive
subsequently driving up the overall price, which is however expected to reduce
with the advent of advanced production technologies.
Browse Press
Release of this report:
The polyester based conductive textiles
is the second largest segment accounted for the total revenue share of 33.4% in
2018. Polyester fabric is widely used as it is strong, resistant to most of the
chemicals, and shrinking, thus used as a raw material for making conductive
wearables such as jackets and sportswear which is expected to drive growth.
Cotton exhibits easier breathability
properties and provides superior wearing comfort, which makes it well suited to
manufacture conductive textiles. The graphene-based inks when infused with
cotton fabric tend to produce conductive wearables without using any toxic
substances and are environment-friendly.
Grand
View Research has segmented the conductive textile market on the basis of
fabric, product, application:
Conductive
Textile Fabric Outlook (Revenue, USD Million; 2014 - 2025)
·
Cotton
·
Nylon
·
Polyester
·
Wool
Conductive
Textile Product Outlook (Revenue, USD Million; 2014 - 2025)
·
Woven
Textiles
·
Non-Woven
Textiles
·
Knitted
Textiles
Conductive
Textile Application Outlook (Revenue, USD Million; 2014 - 2025)
·
Military
& Defense
·
Healthcare
·
Sports
& Fitness
·
Others
Key manufacturers are focusing
on high-end research and technological advancements so as to produce conductive
garments with much-enhanced performance and resistance. Top players such as
Toray and 3M have taken various strategic initiatives in form of acquisitions
and expansion of plant capacities in order to stay competitive in the industry.
About Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
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