The global market for nanotextiles should grow from $5.1 billion in 2019 to $14.8 billion by 2024 at a compound annual growth rate (CAGR) of 23.6% for the period of 2019-2024.Report Scope:This report provides an updated review of nanotextile technology, including materials and production processes, and identifies current and emerging applications for this technology.MGA Research delineates the current market status for these products, defines trends, and presents growth forecasts for the next five years.
The market is analyzed based on the following segments: nanotextile type, functionality, nanostructured material, application, and region.
In addition, technological issues, including key events and the latest developments, are discussed.More specifically, the market analysis conducted by MGA Research for this report is divided into five sections.In the first section, an introduction to the topic and a historical review of nanotextiles are provided, including an outline of recent events.
This section concludes with an analysis of the most important technological developments since 2016, including examples of significant patents recently issued or applied for.
Global revenues (sales data in millions of dollars) are presented for each segment (nanotextile type, functionality, nanostructured material, application, and region), with actual data referring to the years 2017 and 2018 and estimates for 2019.
Dollar figures refer to sales of these products at the manufacturing level.The analysis of current revenues for nanotextiles is followed by a detailed presentation of market growth trends, based on industry growth, technological trends, and regional trends.