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Conductive textile is a fabric that can conduct electricity. Conductive textiles are made from metal strands woven into the formation of the textile or conductive yarns that are conductive due to metal-coating. Conductive fibers contains non-conductive or low conductive substrate, that is either coated or implanted with electrically conductive elements, such as nickel, carbon, gold, copper, titanium, silver, and PEDOT. These materials have properties such as light weight and high strenght and flexible. Thus having applications includes EMI shielding, static dissipation, and other uses are in textile and wire machinery such as knitting, weaving, braiding.
The market for conductive textile is driven by the rising demand for smart fabrics and wearables among growing population. Smart fabrics are fabrics used in the medical industry for monitoring along with usage in graphene are also expected o drive the market for inks Increasing application of Conductive Textile for being used in wiring and cables for automobiles, thus making the vehicle lighther and oil efficient. All these factors are expected to drive the market for conductive textiles.
Key Market Driver -
Rising demand for smart fabrics and wearables
Key Market Restraint -
High cost of finished product
The market conductive textile will be affected due to high cost of finished product. The manufacturing process of conductive textile is quite high thus making the end-product expensive. This results in conductive textiles used by only defence and military sectors as it is not affordable by common consumers, thus restraining the market growth for conductive Textile.
Based on type, the market for conductive textile is segmented into woven fabrics, non-woven fabrics, and others. Based on application, the market is segmented into military & defence sectors, medical sectors, sports sector, and others.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Some of the key players in the conductive textile market includes, Kolon Industries Inc., Saint- Gobain, Dupont-Toray Ltd., Kaneka Corporation, Kolon Industries, Ube Industries Ltd., FLEXcon Company Inc., The 3M Company, Bekaert, Seiren Co, Ltd, and Others.
The conductive textile market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Europe region dominates the conductive textile market in terms of both consumption and production. The growing medical industry along with advancement technology, and growing demand from the cosnumers for smart fabric wearables. In North America, growing technological advancement in the region is augmenting the market growth. The increasing awareness about conductive fabrics and its applications in the military & defence sector is supporting the market growth for conductive textiles. Moreover, the adoption of conductive textile for application in the Asia Pacific regardign used of conductive wearables in health concious consumers along with growing population is driving the market for conductive textiles in the region. The consumption of Conductive Textile market is also increasing in Latin America and Middle East & Africa due to growing urbanisation and growing medical industry among the consumers to drive the market growth.
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