Reports and Data have recently published a novel report on the Global Cooling Fabrics market to provide details about ongoing and upcoming activities in the Cooling Fabrics industry. The global market is expected to reach USD 3.59 Billion in 2028 from USD 2.15 Billion in 2020 with a CAGR of 6.6%. The research report offers in-depth information about market share, market size, revenue growth, drivers, restraints, limitations, growth opportunities, and top companies in the market.
Technological advancements in the textile industry are driving the implementation of technical fabrics with self-cooling properties as these help in regulating body temperature by managing moisture and heat. Various fabric engineering companies are increasingly investing in the production of high-quality cooling fabrics that are valuable for industries, including medical, sports, and emergency services. Advanced heat-regulating technical textiles using unique fabric construction help in assisting the natural cooling process of bodies.
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The materials and the chemical market is rapidly expanding in terms of revenue in recent years and over the forecast period owing to increasing demand for raw materials and chemicals for various industrial applications such as paper and paint, food and beverages, healthcare and pharmaceutical, manufacturing, construction, and agriculture. Revenue growth of the global Cooling Fabrics market is attributed to factors such as rapid industrialization and urbanization, increasing awareness about green energy, rising inclination towards eco-friendly and biodegradable products, and rising presence for packaged food. In addition, increasing investments in research and development activities, rising disposable income, and increasing demand for products such as soaps, detergents, perfumes for daily usage are fueling the market growth.
The materials and chemicals industry deals with the production and manufacturing of raw materials and chemicals for every end-use industry. The chemical industry produces industrial chemicals and raw materials and is a crucial part of the economy of every country. The increasing growth of end-use industries, rising penetration of materials informatics, the advent of 3D printing, and integration of advanced technologies and machinery are key factors contributing to revenue growth of the market. Furthermore, the rising number of product approvals, launches, and strategic alliances have significantly contributed to market growth. The report offers an extensive database for technological developments and product advancements.
The report offers precise information about each market player along with global position, business expansion plan, license agreement, research and development investments, and product base expansion plans. The global Cooling Fabrics market is extremely competitive and comprises of key operating at global and regional levels. Major companies are focusing on developing new strategies like mergers and acquisitions, partnerships, collaborations, and new product launches to maintain their market position as well as enhance their product base.
The top 10 leading companies profiled in the report include Ahlstrom-Munksjö, Polartec, LLC, NILIT LTD, Nan Ya Plastics Corporation, COOLCORE LLC, Tex-Ray Industrial Co. Ltd., Formosa Taffeta Co., Asahi Kasei Corporation, HexArmor, and Invista.
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What is the expected market size of the global Cooling Fabrics market during the forecast period?
- Which key factors are expected to fuel market growth throughout the forecast period?
- Which factors are expected to hamper the growth of the global Cooling Fabrics market between 2021 and 2028?
- Which application segment revenue is expected to register rapid CAGR between 2021 and 2028?
- Which region is expected to register the fastest revenue CAGR over the forecast period?
- Which leading players are operating in the global Cooling Fabrics market?
- What are the key outcomes of SWOT analysis and Porter’s Five Force model?
Textile Type Outlook (Revenue, USD Billion; Volume, Million Square Meters, 2018-2028)
Type Outlook (Revenue, USD Billion; Volume, Million Square Meters, 2018-2028)
Application Outlook (Revenue, USD Billion; Volume, Million Square Meters, 2018-2028)
- Sports Apparel
- Protective Wearing
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Cooling Fabrics Market Segmentation Based on Regions:
- North America
- The U.S.
- The U.K.
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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