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Increasing use of synthetic fibres such as polybenzimidazole fiber in its raw state, or blended form with other fibers, due to its very high decomposition temperature is anticipated to raise the market growth. ....
Press release content from Business Wire. The AP news staff was not involved in its creation. $942.8 Billion Worldwide Textiles Industry to 2027 - Impact of COVID-19 on the Market - ResearchAndMarkets.com January 12, 2021 GMT The publisher brings years of research experience to the 7th edition of this report. The 289-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed. ADVERTISEMENT Global Textiles Market to Reach $1.1 Trillion by 2027 Amid the COVID-19 crisis, the global market for Textiles estimated at US$942.8 Billion in the year 2020, is projected to reach a revised size of US$1.1 Trillion by 2027, growing at a CAGR of 2.7% over the analysis period 2020-2027. ....
Share this article Share this article ResearchAndMarkets.com s offering. The publisher brings years of research experience to the 7th edition of this report. The 289-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed. Global Textiles Market to Reach $1.1 Trillion by 2027 Amid the COVID-19 crisis, the global market for Textiles estimated at US$942.8 Billion in the year 2020, is projected to reach a revised size of US$1.1 Trillion by 2027, growing at a CAGR of 2.7% over the analysis period 2020-2027. Natural Fibers, one of the segments analyzed in the report, is projected to record a 2.9% CAGR and reach US$454.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Polyester segment is readjusted to a revised 2.3% CAGR for t ....