Market Research Reports : Transparency Market Research has released a new market report titled “Technical Textiles (Mobiltech, Buildtech, Meditech, Agrotech and Others) Market By Technology (Thermoforming, 3-D Weaving, 3-D Knitting and Others) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 – 2018″, According to the report the demand for technical textiles that was worth USD 133.93 billion in 2012 is expected to increase to USD 160.38 billion by the end of 2018. In terms of volumes, the global demand is expected to reach 30.71 million tons by 2018, growing at a moderate CAGR of 3.3% from 2012 to 2018.
Asia Pacific dominated the global technical textiles market and accounted for 45% of the total market in 2011. By 2018, Asia Pacific is expected to generate revenues of about USD 61.26 billion
