Apr 18 2012
The market for smart textiles is set to explode according to Cientifica's latest research. "Nanotechnologies for the Textile Market" provides the most in depth look to date at the impact of nanotechnology on the global textile industry.
While the traditional markets of apparel and home textiles continue to be impacted by nanotechnologies, especially in adding value through finishing and coating, the major opportunities for both textile manufacturers and nanomaterial suppliers lie elsewhere.
"Nanotechnologies for the Textile Market" takes an in depth look at the major textile markets - apparel, home, military, medical, sports, technical and smart textiles - detailing the key applications of nanotechnologies and the major players. The 255 page report contains full market analyses and predictions for each sector to 2022, outlines the key opportunities and is illustrated with 98 figures and 30 tables.
Cientifica predicts that the highest growth over the next decade will be seen in the areas of smart and technical textiles. In both of these areas a significant part of the added value is due to the innovative use of nanotechnologies, whether in fiber production or as a coating or additive.
With over a billion Bluetooth enabled devices on the market, ranging from smartphones to set top boxes, and new technologies such as energy scavenging or piezoelectric energy generation being made possible by the use of nanotechnologies , there are opportunities for the textile industry in new markets ranging from consumer electronics to medical diagnostics.
'It's a perfect storm" added Cientifica CEO Tim Harper, "the availability of new materials such as graphene, the huge leaps being made in organic electronics, and the move towards the Internet of Things is blurring the divide between textiles and electronic devices. When two trillion dollar markets collide there will be lots of disruption and plenty of opportunities."