Hybrid Fabric Market Size to Grow by USD 227.95 mn | Rise in Demand for Hybrid Fabrics in Sports and Recreation and Wind Energy Industries to Boost Growth | Technavio
NEW YORK, Nov. 25, 2021
NEW YORK, Nov. 25, 2021 /PRNewswire/ -- The hybrid fabric market is expected to grow by USD 227.95 mn from 2020 to 2025, progressing at a CAGR of 12.78%, according to Technavio. The report offers a thorough analysis as well as exact growth variance and the Y-O-Y growth rate.
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The hybrid fabric market is fragmented, and the degree of fragmentation will accelerate during the forecast period. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.
The hybrid fabric market report covers the following areas:
Hybrid Fabric Market 2021-2025: Segmentation
- Aerospace And Defense
- Wind Energy
- North America
- South America
Download a Free Sample for more information on the contribution of each segment.
Hybrid Fabric Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources.
The rise in demand for hybrid fabrics in sports and recreation and wind energy industries, rising demand for hybrid fabrics in the automotive and aerospace industry, and balance in cost and performance characteristics will offer immense growth opportunities. However, high technology costs associated with manufacturing, lack of awareness related to hybrid fabric, and raw materials supply chain disruption due to COVID-19 will challenge the growth of the market participants.
Hybrid Fabric Market 2021-2025: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Hybrid Fabric Market, including Arrow Technical Textiles Pvt Ltd, BGF Industries Inc., Exel Composites Plc, Gurit Holding AG, Hacotech GmbH, Hexcel Corp., Koninklijke DSM NV, SGL Carbon SE, Solvay SA, and Textum Inc. Backed with competitive intelligence and benchmarking, our research report on the hybrid fabric market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
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Hybrid Fabric Market 2021-2025: Regional Analysis
Technavio offers an up-to-date analysis of the geographical composition of the market as well as competitive intelligence and regional opportunities for vendors. According to our analysis, 39% of the market's growth is expected to originate from North America during the forecast period. The US is the key country for the hybrid fabric market in the region. North America has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The rising demand for hybrid fabrics in the automotive and aerospace industry will facilitate the hybrid fabric market growth in North America.
Hybrid Fabric Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist hybrid fabric market growth during the next five years
- Estimation of the hybrid fabric market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the hybrid fabric market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of hybrid fabric market vendors
- Textile Market: The textile market has been segmented by product (natural fibers, polyesters, nylon, and others), application (fashion, technical, household, and others), and geography (APAC, North America, Europe, South America, and MEA). Download Free Sample Report
- Home Textile Retail Market: The home textile retail market has been segmented by product (BBO, bath linen, carpets and rugs, upholstery, and others), distribution channel (offline and online), and geography (APAC, North America, Europe, MEA, and South America). Download Free Sample Report
Hybrid Fabric Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 12.78%
Market growth 2021-2025
USD 227.95 million
YoY growth (%)
North America, Europe, APAC, MEA, and South America
Performing market contribution
North America at 39%
Key consumer countries
US, China, Germany, UK, and India
Leading companies, competitive strategies, consumer engagement scope
Arrow Technical Textiles Pvt Ltd, BGF Industries Inc., Exel Composites Plc, Gurit Holding AG, Hacotech GmbH, Hexcel Corp., Koninklijke DSM NV, SGL Carbon SE, Solvay SA, and Textum Inc
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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