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Global Technical Textiles Business Update Report 2022: Nonwovens Industry will Increase by a CAGR of 6% Between 2020 and 2030, to $68.1 Billion

·3-min read
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Dublin, June 09, 2022 (GLOBE NEWSWIRE) -- The "Global Technical Textiles Business Update, 2022" report from Textiles Intelligence Ltd. has been added to ResearchAndMarkets.com's offering.

This report provides a round-up of recent corporate developments in the global technical textiles sector, including: acquisitions, divestments and mergers; business news; investments; joint ventures; and markets.

The report contains news relating to the following innovative companies and other organisations:

  • Ahlstrom-Munksj

  • Albany International

  • Andritz Group

  • Archroma

  • Autoliv

  • AquaCast Liner

  • Bast Fibre Technologies (BFT)

  • Biosphere Corporation

  • CEMATEX

  • Coats

  • Essity

  • Faser Veredlung T?nisvorst (FVT)

  • Fitesa

  • Fraunhofer ITWM

  • Freudenberg Performance Materials

  • IMCD

  • INDA

  • Indorama Ventures (IVL)

  • Innovatec

  • Itema Group

  • Kelheim Fibres

  • Lamiflex

  • Lumberton Cellulose

  • Natureworks

  • Piaggio Group

  • Polychem Handelsges

  • Reifenhauser Reicofil

  • Safran Aircraft Engines

  • Solvay

  • Teijin Group

  • Teijin Limited

  • Trillium

  • Trutzschler

  • Vestas

  • Weitmann & Konrad (Weko)

  • Welspun Advanced Materials

  • Zoltek

Key Topics Covered:

SUMMARY

ACQUISITIONS, DIVESTMENTS AND MERGERS

  • Bast Fibre Technologies (BFT) has acquired Faser Veredlung Tonisvorst (FVT) and has agreed to acquire Lumberton Cellulose

  • Hygiene and health company Essity has acquired AquaCast Liner, a provider of products for fracture management

  • Machinery builder Itema Group has acquired composite components producer Lamiflex

  • Speciality chemicals distributor IMCD is to buy chemicals and additives provider

  • Polychem Handelsges

BUSINESS NEWS

  • Biopolymer manufacturer NatureWorks is moving to a new headquarters and research facility

  • Freudenberg Performance Materials is launching an initiative to highlight its sustainable products

  • Household and hygiene products manufacturer Biosphere Corporation has ordered a high capacity hydroentanglement line from Andritz Group

  • INDA has presented a plan on how it will support the nonwovens industry following the COVID-19 pandemic

  • Kelheim Fibres has increased its prices in response to rises in the wholesale cost of natural gas

  • Le Comite Europeen des Constructeurs de Machines Textiles (CEMATEX - The European

  • Committee of Textile Machinery Manufacturers) has launched a new initiative to support start-up companies

  • Speciality chemicals company Archroma has relocated its headquarters in Switzerland

  • Sustainability certification has been awarded to two sites belonging to Indorama Ventures (IVL)

  • Teijin Limited is to carry out a life cycle assessment on its carbon fibres

  • The EU has provided three European partners with funding to continue the development of an

  • enzymatic process for recycling polyethylene terephthalate (PET)

  • The Fraunhofer-Institut fur Techno- und Wirtschaftsmathematik (ITWM-Institute for Industrial Mathematics) is using digital simulations of production processes to optimise the filtration efficiency of meltblown fabrics

  • Trutzschler has unveiled its latest comber machine

  • Vestas is planning to scale up wind turbine blade recycling partnerships

INVESTMENTS

  • Ahlstrom-Munksjo is using new testing capabilities to develop molecular filter media for the automotive and industrial filtration markets

  • Coats is to invest US$10 mn in an initiative to develop environmentally sustainable technologies and materials

  • Innovatec is to invest in a non-contact fluid application system from Weitmann & Konrad (Weko) for functionalising meltblown nonwovens

  • Spunmelt nonwovens producer Fitesa is to increase its production of sustainable spunmelt nonwovens by investing in a new line

  • Teijin Group has expanded its capacity for producing heat resistant prepregs

  • Welspun Advanced Materials has invested in a high speed hydroentanglement line supplied by Andritz Group

  • Zoltek is to increase its production of large tow carbon fibre

JOINT VENTURES

  • Autoliv and Piaggio Group have signed an agreement to jointly develop airbags for powered two-wheel vehicles such as scooters and motorcycles

  • Safran Aircraft Engines and Albany International have agreed to extend their partnership

  • Solvay and Trillium Renewable Chemicals (Trillium) are to work on the development of bio-based carbon fibre

MARKETS

  • Revenues generated by the global nonwovens industry will increase by a compound annual growth rate (CAGR) of 6% between 2020 and 2030, to US$68.1 bn

  • Sales of meltblown nonwoven fabrics have doubled because of the COVID-19 pandemic

For more information about this report visit https://www.researchandmarkets.com/r/yf1u9

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900


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