DUBLIN, April 8, 2014 --
Research and Markets has announced the addition of the "Technical Textile Market in India" report to their offering.
The
analysts forecast the Indian Technical Textile market to grow at a CAGR
of 21.36 percent over the period 2012-2016. One of the key factors
contributing to this market growth is the existence of favorable
government policies. The Indian Technical Textile market has also been
witnessing an increase in the export of technical textile products.
However, the high cost of raw materials could pose a challenge to the
growth of this market.
The report, the Indian Technical Textile Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Indian Technical Textile market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Currently, the Technical Textile market in India exports 7-8 percent of technical textile products being manufactured in the country. However, with the growing innovations in product line and changing technology, the exports are expected to increase to 20-25 percent of the total products manufactured. With the various government initiatives and subsidies being offered to manufacturers, the Technical Textile market in India is expected to increase its exports during the forecast period. This will place India among the top exporters of technical textile products in the world.
According to the report, one of the main drivers in this market is the favorable government policies being implemented in recent years. Moreover, the Government of India has come up with various schemes to offer financial assistance to manufacturers of technical textiles. To further boost the growth of this market, the government is making budgetary allocations for technical textiles.
Further, the report states that one of the main challenges in this market is the high cost of raw materials and power. Manufacturers have to import raw materials from foreign countries, which increases the overall production cost of technical textiles. Apart from the raw materials, the cost of procuring power for these industries is very high in India.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The report, the Indian Technical Textile Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Indian Technical Textile market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Currently, the Technical Textile market in India exports 7-8 percent of technical textile products being manufactured in the country. However, with the growing innovations in product line and changing technology, the exports are expected to increase to 20-25 percent of the total products manufactured. With the various government initiatives and subsidies being offered to manufacturers, the Technical Textile market in India is expected to increase its exports during the forecast period. This will place India among the top exporters of technical textile products in the world.
According to the report, one of the main drivers in this market is the favorable government policies being implemented in recent years. Moreover, the Government of India has come up with various schemes to offer financial assistance to manufacturers of technical textiles. To further boost the growth of this market, the government is making budgetary allocations for technical textiles.
Further, the report states that one of the main challenges in this market is the high cost of raw materials and power. Manufacturers have to import raw materials from foreign countries, which increases the overall production cost of technical textiles. Apart from the raw materials, the cost of procuring power for these industries is very high in India.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
1. Executive Summary
2. Scope of the Report
3. Market Research Methodology
4. List of Abbreviations
5. Introduction
6. Market Landscape
7. Market Segmentation by Industry
8. Government Initiatives
9. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
18. Other Reports in this Series
1. Executive Summary
2. Scope of the Report
3. Market Research Methodology
4. List of Abbreviations
5. Introduction
6. Market Landscape
7. Market Segmentation by Industry
8. Government Initiatives
9. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
18. Other Reports in this Series
Companies Mentioned:
- CTM Technical Textiles Ltd.
- Century Enka Ltd.
- Entremonde Polycoaters Ltd.
- Garware Wall Ropes Ltd.
- JBF Industries Ltd.
- Kusumgar Corporate Pvt. Ltd.
- SRF Ltd.
- Supreme Nonwovens Pvt. Ltd.; Bhilwara Melba De Witte Pvt. Ltd. (BDM)
- Techfab India Industries Ltd.
For more information visit http://www.researchandmarkets.com/research/sqmvk4/technical_textile
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