#TextileApplications

[market-insider]

Polytrimethylene Terephthalate Industry Outlook: Growth, Challenges, and Future Prospects

The global polytrimethylene terephthalate market size is predicted to reach USD 1.41 billion by 2030, according to a report by Grand View Research, Inc., growing at a CAGR of 5.4% from 2022 to 2030. The increasing market of textile industries is anticipated to boost the demand for PTT during the forecast period. Furthermore, the rising demand for apparel and automotive carpets is expected to increase the product demand resulting in the growth of the overall industry in the years to come. Many countries have set stringent regulations due to increased environmental concerns for promoting sustainable & innovative PTT demand. Companies are spending heavily on developing adhesives, which are non-ozone depleting and free from harmful compounds (VOCs), solvents, and toxins.

Polytrimethylene Terephthalate Market Report Highlights

Bio-based products witnessed high demand in recent years due to growing usage from major end-use industries, such as automotive, textile, and medical

Fibers is the most common application for PTT owing to its high demand for the manufacturing of carpets, apparels, and engineering plastics globally. It is used to manufacture different automotive interior parts, such as carpets, fabrics, seat belts, and others

The industry is growing owing to the rising product demand from the textile industry. Technological advancements, innovations in plastics, and evolved decontamination devices are boosting the demand further

Major manufacturers have opted for acquisition and merger strategies for expansion of their compounding plants, rather than establishing new plants, to strengthen their position in the global landscape

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In June 2020, Teijin Frontier Co., Ltd., a fiber manufacturer, introduced Solotex Eco-Hybrid, a highly stretchable and dyeable product compared to petroleum-derived material. Eco-Hybrid marks a significant line in Teijin Frontier’s PTT fiber Solotex product portfolio. PTT is used across different end-use industries, such as textile, automotive, packaging, building & construction, consumer goods, and the medical industry. It is majorly used in fiber applications like carpet fabrics, automotive fabrics, apparel, and engineering plastics. Bio-based PTT is expected to grow at a significant CAGR over the forecast period owing to its properties, such as resistibility, compressibility, and eco-friendliness.

[global-research-report]

On-Demand Printing: The Future of Textile Manufacturing

The U.S. digital printed textile market size is expected to reach USD 2,519.6 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 15.9% from 2022 to 2030. Increasing demand for soft signage applications is providing opportunities for digital textile printers is expected to drive the market growth.

The primary raw material required for digitally printed textiles includes different types of fabrics such as cotton, wool, viscose, silk, polyesters, and blends. The players attempt to offset the cost fluctuations of materials by developing high-margin solutions, improving productivity, and increasing the selling prices.

Technological changes in digital textile printing are expected to substantially influence the market dynamics. Fabric suppliers provide a wide range of fabrics for digital textile printing with a larger preference for cotton, silks, and polyester that represents the main substrates, thus, influencing the value chain.

Major players are investing in research and development and are concentrated on introducing new products in the market to enhance customer productivity, thereby attaining business growth in the market. The players in the industry are focusing on growing the company through appropriate business acquisition opportunities along with the development of partnerships to enhance geographic presence, technologies, and product offerings.

U.S. Digital Printed Textile Market Report Highlights

Home textileapplications are expected to witness the fastest growth from 2022 to 2030, at a CAGR of 17.0%, on account of its broad product portfolio including bed linens, curtains, rugs, and upholstery

Apparel applications would account for a dominant share of around 42% in 2030 since designers have increased the inclusion of digitally printed apparel in their work due to its ease of production and customization

Industrial textile application is expected to reach USD 148.1 million by 2030, owing to the increase in the adoption of the same in industrial applications, such as in semiconductors, automotive, and sports applications

The soft signage applications accounted for USD 114.6 million in 2021, these are widely used in making banners, flags, store decors, and backlit displays. They are also a better alternative to traditional options due to the properties of the fabrics used

The major players in the industry are also employing efforts in the new product development to make use of advanced digitally printed textiles, thus offering stimulus to their plans to generate a circular economy in their production operations.

U.S. Digital Printed Textile Market Segmentation

Grand View Research has segmented the U.S. digital printed textile market based on application:

U.S. Digital Printed Textile Application Outlook (Revenue, USD Million; 2017 - 2030)

Apparel

Home Textile

Soft Signage

Industrial

Key Players in the U.S. Digital Printed Textile Market

Omni W.C.

Aurora Innovative Textile Solutions

Ultraflex Systems

Showdown Displays

ExpandaBrand

Kornit Digital

Advanced Digital Textiles

Hampton Textile Printing

4walls

Order a free sample PDF of the U.S. Digital Printed Textile Market Intelligence Study, published by Grand View Research.