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Texsummit 2007

SASMIRA

PRESENT SCENARIO OF TECHNICAL TEXTILES:

As mentioned in the preceding section, the field of technical textiles forms an important part of textiles globally and domestically. The global and national market scenario of technical textiles has been depicted in this section.

Global Scenario:

America

847

5,723

1,004

6,348

1,230

7,255

3.5

4.1

(South)

Asia

6,604

39,970

8091

48,401

10,156

65,156

4.7

5.0

India

1,204

3,633

1,573

4,905

2,075

6,774

5.4

5.8

Oceania

99

484

116

578

141

712

3.2

3.9

Total

16,714

92,881

19,683

106,899

23,774

127,287

3.3

3.8

Table 1 depicts the regionwise global market scenario of technical textiles over the period from 2000 to 2010 as projected by David Rigby Associates Report on Technical Textiles and Industrial Nonwovens, World market forecast, 2010.

Europe (West)

3,614

19,394

4,107

23,968

4,760

21,047

2.6

3.0

Europe (East)

548

4,043

666

4,583

817

5,225

4.0

4.2

America (North)

4,184

21,318

4,774

23,710

5,591

27,564

2.7

3.2

Volume

Value

Volum

Value

Volume

Value

'000

US$

e

US$

'000

US$ mn.

tons

mn.

'000

mn.

tons

Region/C ountry

tons

Table – 1: Consumption of Technical Textiles by Region

2000

2005

2010

CAGR % (vol.)

00 - 05

05 - 10

Ref: David Rigby Associate’s report

From this table, it may be observed that in terms of volume, overall technical textiles consumption is expected to grow from 19. 7 million tons to 23.8 million tons, with a CAGR of 3.8 %, during the period from 2005 to 2010. The developed countries viz., N. America and W. Europe have been forecast to have a decelerating growth while S. America, E. Europe and Asia are expected to grow well during the same period. As highlighted, the Indian market for technical textiles is expected to expand for technical textiles.

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