Global Cooling Fabrics Market by Application, Type, Regional Outlook, Industry Analysis Report and Forecast, 2020
The global cooling fabrics market size is expected to reach $ 3. 6 billion by 2026, representing a market growth of 17. 3% CAGR during the forecast period. Cooling fabrics are considered to be a new development in the textile industry that provides a feeling of freshness to the skin created for comfort.
New York, April 22, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Global Cooling Fabrics Market By Application, By Type, By Regional Outlook, Industry Analysis Report and Forecast, 2020-2026” – https://www.reportlinker.com/p06064794/?utm_source=GNW
Cooling fabrics also take the form of protective clothing in areas where the burning sensation may be unwanted. These fabrics are prepared using moisture management and evaporative cooling technologies. Some of the cooling fabrics work by distributing the sweat evenly over the fabric in order to make them dry quickly and therefore produce a cooling effect.
People are becoming aware of comfortable materials for clothing, which is increasing the demand for cooling fabrics around the world. Countries like the United States, Brazil, China, Russia and Malaysia are experiencing massive demand for cooling fabrics in their sports industry. In these countries, athletes are increasingly aware of the need for practical clothing, which ultimately increases the intensity of comfort during sports activities.
One of the major trends in the global cooling fabrics market is the growing awareness among sportsmen. In addition, the majority of athletes prefer highly desirable and comfortable materials for their clothing. Developing countries are experiencing rapid economic development, growth in sports related activities and culture and changing lifestyles, these aspects are likely to contribute to the growth of the global cooling fabrics market during the period of forecast. On the other hand, the high price of the product discourages a large number of people from buying this kind of clothing and this aspect will hamper the global cooling fabrics market during the forecast period.
Outlook from the app
On the basis of application, the market is segmented into sportswear, protective clothing, lifestyle, and other applications. The market would experience lucrative growth opportunities due to the increasing use of cooling fabrics for healthcare, military and industrial applications. The ability of cooling garments to reduce heat stress caused by extreme exposure, especially in industrial applications, would increase their use to make protective clothing. Besides, it is used in other applications such as lifestyle, automotive and fashion which would increase the market demand in the next few years.
Based on type, the market is segmented into synthetic and natural. In 2019, the synthetic fabrics segment held the maximum revenue share of the global cooling fabrics market. Moreover, the segment would exhibit a similar type of trend during the forecast period by maintaining its dominant position in the global market. The high revenue share can be attributed to the superior strength and improved performance of synthetic fabrics.
On the basis of regions, the market is segmented into North America, Europe, Asia-Pacific and Latin America, Middle East and Africa. Cooling fabrics find massive demand in the North American region in 2019. The demand is driven by the large-scale R&D activities of manufacturers to develop an advanced cooling laptop that provides both wearer convenience and conversation support. energetic. North America would become the main region during the forecast period.
The market research report covers the analysis of the major players in the market. Major companies featured in the report include Kraton Corporation, Ahlstrom-Munksjo Oyj, Asahi Kasei Corporation, Formosa Taffeta Co. Ltd., HexArmor, Tex-Ray Industrial Co., Ltd., Nilit Ltd., Koch Industries, Inc. (Invista BV), Coolcore LLC and Milliken & Company.
Strategies deployed in the cooling fabrics market
Dec-2020: The divisions of Milliken & Company, Westex and Polartec, announced the launch of a new collection of flame retardant (FR) and anti-arc (AR) mesh fabrics. The collection is known as the Polartec FR Collection. The collection released three unique Polartec fabric constructions developed with Westex FR / AR fabric technology that provides reliable protection against thermal hazards.
June-2020: Ahlstrom unveiled Ahlstrom-Munksjo Forticell, a new platform. It is a platform of fiber-based solutions for energy storage applications.
Nov-2018: Invista announced the launch of a new patented LYCRA FREEF technology! T in North America. This technology provides denim and woven fabrics with easy, soft stretch and excellent recovery.
Sep-2017: Polartec introduced new collections especially for electricians, contractors and oil and gas professionals. The collections include Polartec fabric technologies, including advanced thermoregulation fabrics for hot and cold environments, with performance mesh and finishes such as improved durability Polartec Hardface.
Jul-2017: Coolcore publishes a new collection of Natural Performance fabrics. This collection integrates the comfort of cotton with the functionality and performance of synthetic fabrics. It is a chemical-free, non-washable collection that offers superior drying, wicking and cooling capabilities.
June-2017: Coolcore launched the full clothing collection. The collection includes chemical-free cooling fabrics. This line features Coolcore’s patented thermoregulation technology in unique, high-performance designs with a high level of comfort and flattering fit.
Apr-2016: Coolcore signed an agreement with ITOCHU Corporation whereby the latter company acquired the exclusive rights to import and sell Coolcore, a brand of cooling materials from the United States. The agreement aimed to promote the Coolcore brand and accelerate its visibility by facilitating the development of products using Coolcore.
Scope of the study
Market segments covered in the report:
• Sports clothing
• Protective clothing
• Way of life
• Other applications
• North America
o Rest of North America
o United Kingdom
o Rest of Europe
• Asia Pacific
o South Korea
o Rest of Asia-Pacific
o Saudi Arabia
o South Africa
o Rest of LAMEA
• Kraton Corporation
• Ahlstrom-Munksjo Oyj
• Asahi Kasei Corporation
• Formosa Taffeta Co. Ltd.
• Tex-Ray Industrial Co., Ltd.
• Nilit Ltd.
• Koch Industries, Inc. (Invista BV)
• Coolcore LLC
• Milliken & Company
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