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Cooling Fabrics Market Worth 2.94 Billion USD by 2021


News provided by

MarketsandMarkets

28 Apr, 2017, 14:30 GMT

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PUNE, India, April 28, 2017 /PRNewswire/ --

The report "Cooling Fabrics Market by Application (Sports Apparel, Protective Clothing, Lifestyle), Type (Synthetic, Natural), and Region - Global Forecast to 2021", published by MarketsandMarkets™, the 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.

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Browse 45 market data Tables and 48 Figures spread through 156 Pages and in-depth TOC on "Cooling Fabrics Market"

http://www.marketsandmarkets.com/Market-Reports/cooling-fabrics-market-34980818.html
Early buyers will receive 10% customization on this report.

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.

Request for Sample PDF of Report @ http://www.marketsandmarkets.com/pdfdownload.asp?id=34980818

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.

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.

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.

Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=34980818

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.), among others.

Browse Related Reports: 

Top 10 Fabrics Market (Antimicrobial Textiles, Coated Fabrics, Fire Resistant Fabrics, Non- Woven Fabrics/Textiles, Performance Fabrics, Polymer Coated Fabrics, Protective Fabrics, PTFE Fabrics, Smart Textile, and Technical Textile) - Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/top-10-fabric-market-181391074.html

Fire Resistant Fabrics Market by Type (Treated (FR Cotton and FR Viscose), Inherent (Aramid and PBI)), Application (Apparel, Non-Apparel), End Use Industry (Industrial, Defense & Public Safety Services, Transportation) - Global Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/fire-resistant-fabric-market-185633312.html

Subscribe Reports from Chemicals & Materials Domain http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit our Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical

Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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