Texfact of the week: The Mobiltech market will grow by 60 percent to 4 bn. USD until 2020.

According to Frost & Sullivan, the fiber market for automotives will reach 4 billion USD in 2020, up from 2.46 billion USD in 2013. This is mainly driven by the need for lighter and more fuel-efficient vehicles. Thanks to the advantages of technical textiles and composite applications in terms of lightweight construction, we also expect a rapid growth for the Mobiltech segment in the future. The “Strategic Analysis of the Global Fibers Market for the Automotive Sector” is available at www.frost.com.

Marc Chalupsky

About Marc Chalupsky

Mehr zu den Autoren

View all posts by Marc Chalupsky

Leave a Reply

Your email address will not be published. Required fields are marked *

*