Mobiltech was the leading application segment and accounted for 15.2% of total market volume in
2014. Growing demand for high performance materials from automotive industry is expected to remain
a key driving factor for this segment over the forecast period.
Meditech, is expected to witness the highest growth of 4.6% from 2015 to 2022. Increasing healthcare
expenditure in China and India coupled with presence of sophisticated healthcare infrastructure in most
parts of Europe and North America is expected to drive this segment over the next seven years.
Global technical textiles market is dominated by top multinational corporations which are present
across the value chain. Major companies have been investing in R&D to avoid volatile petroleum prices
and uncertainty regarding their availability. Frequent joint ventures and strategic partnerships are
witnessed which is expected to increase their market share. E.I du Pont de Numours & Company,
Avintiv, Kusumgar Corporates, SRF, Ahlstrom, Ibena Textilewerke GmbH, Johnson & Johnson, Procter
& Gamble and 3M are some key companies operating in the global market space.
About Grad View Research, Inc.
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
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