Free Courses Sale ends Soon, Get It Now
Copyright infringement not intended
Context: The global technical textile market is expected to reach USD 272.3 billion by 2030, with a projected Compound Annual Growth Rate (CAGR) of 4.7% from 2023 to 2030.
Details
Technical textiles have a wide range of applications
These are just some of the examples of the applications of technical textiles. Many more sectors and industries use technical textiles for various purposes.
What is the size and growth of the global technical textile market?
Conclusion
Must Read Articles:
National Textile Mission: https://www.iasgyan.in/daily-current-affairs/national-textile-mission
Technical Textiles Sector: https://www.iasgyan.in/daily-current-affairs/technical-textiles-sector
PRACTICE QUESTION Q. What is the significance of technical textiles in various industries, and how do they impact sectors like automotive, healthcare, and construction? Additionally, what challenges does the technical textile industry face, and what strategies can be employed to overcome these challenges and pave the way forward for further advancements in this field? |
© 2024 iasgyan. All right reserved