Conductive Textile  Market Research Report - Global Forecast till 2030

Conductive Textile Market Research Report: By Fabric Type (Nylon, Cotton, Polyester, Others), By Product Type (Woven Textile, Non-Woven Textile, Knitted Textile) and By End-Use (Military & Defense, Healthcare, Sports & Fitness, Consumer Electronics, Others) – Forecast to 2030

ID: MRFR/CnM/8817-HCR | September 2022 | Region: Global | 140 Pages         

Conductive Textile Market

Conductive Textile Market is projected to register over 16.3% CAGR to reach around USD 5.4 Billion during forecast year (2020-2027)

Segmentation

Fabric Type Nylon Cotton Polyester
Product Type Woven Textile Non Woven Textile Knitted Textile
End-User Military & Defense Healthcare Sports & Fitness Consumer Electronics

Key Players

  • Toray Industries Inc
  • Laird PLC
  • Seiren Co. Ltd
  • Bekaert
  • Shieldex
  • Coatex Industries
  • Arville
  • Swift Textile Metalizing LLC
  • AiQ Smart Clothing
  • Hitek Electronic Materials Ltd

Drivers

  • Increasing adoption of smart fabrics in numerous applications
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Conductive Textile Market Overview


Conductive Textile Market is projected to register over 16.3% CAGR to reach around USD 5.4 Billion by 2027.


Conductive textile fabrics can conduct electricity which is its unique property. It is made with metal strands woven into fabric or conductive yarns, which get conductive due to metal coating. 


In low resistance versions, the conductive fibers and textiles are used for static dissipation, power transfer, EMI shielding, signal and as a component in higher resistance versions. Due to these characteristics, the Conductive Textile Market is emerging at a higher pace. The flexibility and ability to use conductive fibers in textiles and wire machinery give an advantage over solid or stranded metal wires for knitting, weaving, braiding, and others. The conductive textile has excellent thermal and dimensional stability and high yarn strength. Conductive fibers are frequently woven, knitted, or braided, which is an advantage for manufacturers who can use conductive fibers because of their lightweight, flexibility, and versatility. These features are driving the Market Growth.


The rise in concern for consumer health awareness and higher disposable income in developing countries boosts the market. The inclination towards modern methods to maintain fitness and lifestyle propels the market's demand and ensures good market value in the forecast period. The rise in awareness of the superior functionality and wide application of conductive textiles will result in higher adoption of textiles. A wide range of industries usages, including the military and defense sector, is accelerating the Conductive Textile Market Size. 


Moreover, the conductive textiles have a longer life span and are strong; these factors will raise the value of the smart fabrics market, which will eventually propel the Conductive Textile Market Share. The conductive textiles can be recycled, and this advantage will boost industrial growth.


The Conductive Textile Market is estimated to register a CAGR of 16.3 % CAGR and will obtain a value of USD 5.4 Billion by 2027 during the forecast period.


COVID-19 Analysis


During the COVID-19 outbreak, the Conductive Textile Market went through tough situations due to the lockdown. The industrial units of the market remained closed, which affected the supply chain process and resulted in huge revenue loss. The manufacturers faced problems when the supply of raw materials was halted, which resulted in the closure of manufacturing units. These factors affected the sales rate and resulted in a downfall in the growth graph. 


When the lockdown was lifted, the players planned strategies to focus on the opportunities and improve the products, which helped the market to get achieve its demand and stabilize its growth rate. The Conductive Textile Market is expected to receive higher demand and successfully achieve strong CAGR in the post lockdown period.


Chief Factors Existing In The Market



Key Market Drivers

The key drivers are helping the Conductive Textile Market achieve its goal, and their presence is propelling the market's growth. The rise in demand for conductive textile in the military and defense sector is chiefly driving the market. The higher adoption rate of smart fabrics for various applications is a key driver. Other major drivers such as the expansion of the healthcare industry and higher expenditure in the health sector are boosting the Conductive Textile Market Value.

Market Challenges

The Conductive Textile Market is facing huge challenges in the growth period. The maintenance of smart fabric is a bit complex, acting as a major challenge for the market. The manufacturing process of infusing electronic devices in garments is expensive, raising the overall cost and acting as a challenging factor for the market.

Market Opportunities

The presence of growth opportunities is fueling the Conductive Textile Market demand. The rapid growth of end-use industrial verticals in the developing countries of Asia-Pacific is expected to bring great opportunities for the global market. The expanding usage of conductive textiles in wearable fitness and medical equipment lets the market flourish with wide opportunities.

Market Restraints

There are certain constraining factors of the Conductive Textile Marketwhich are hampering its growth in the forecast period. The expensive cost price of the final product and higher manufacturing costs are the major restraints of the market. 

Cumulative Evaluation Of The Market


The evaluated report of the Conductive Textile Market Analysis states that it will gain a sound growth rate during the forecast period. The market dynamics, such as the drivers and opportunities, show positive impact and let the market reach its value efficiently. On the other hand, the growth limiting factors are affecting the revenue, but it is checked by the players to make the market progress smoothly. The pandemic's impact won't stop the market from reaching its value due to its rising demand. Hence, the Conductive Textile Market Forecast is projected to reach a good compound annual growth rate in the valuation period by 2027.


Market Segmentation


The Conductive Textile Market is segmented into different segments such as fabric type, product type and end-user industry.



By Fabric Type

The fabric type segment of the market is categorized into nylon, cotton, polyester and others. Nylon has wide application due to its superior properties like abrasion resistance, high strength, and damage resistance. The cotton fabric is known for its lightness and breathability. Polyester fabric is widely preferred due to its high strength, stretch and shrinkage resistance, and chemical resistance.

By Product Type

The product type segment of the market is classified into woven textile, non-woven textile, and knitted textile.

The woven textile segment occupied the largest market share due to its good conductivity and electrical properties. The non-woven textile is stable and durable as compared to other textiles. The knitted textile is used in various applications due to its stretchable property.

By End-Use Industry

The end-user segment of the market is categorized into military and defense, healthcare, sports and fitness and consumer electronics. The military and defense segment captured the largest market share due to the rise in demand for performance-enhancing garments. The healthcare segment is expected to register significant growth in the review period. 

Regional Analysis


According to the geographical analysis, the Conductive Textile Market covers prominent continents such as Asia Pacific, North America, Europe, Latin America and the Middle East and Africa. 


Among these, the Asia Pacific has captured the largest market share, and it is estimated to continue its growth consistency in the forecast period. The regional market is emerging due to the expansion of healthcare and military and defense industries. China is occupying the maximum share of the APAC market. 


The North American market is chiefly driven by developed sectors such as military and defense, healthcare, and consumer electronics industries.


The European market is noticing significant growth due to higher investment in research and development activities in the healthcare industry based on technological advancements and expanding geriatric population. Germany holds the largest market share of the regional market.


The growth of the Conductive Textile Market in Latin America, the Middle East, and Africa is propelled by the higher expenditure in healthcare and sports & fitness activities and rising health con among the consumers.


Competitive Intensity Within The Industry


The industrial players of the Conductive Textile Market are letting the market elevate at the global level. The players focus on the opportunities and plan strategies to level up the Conductive Textile Market Trends. The recent developments and future improvements will upgrade the service and products. Activities among the players like acquisitions, collaborations, partnerships, new product launches and others will help the market reach a good growth rate. The chief players are mentioned below.



  • Toray Industries, Inc (Japan)

  • Laird PLC (UK)

  • Seiren Co., Ltd (Japan)

  • Bekaert (Belgium)

  • Shieldex (US)

  • Coatex Industries (India)

  • Arville (UK)

  • Swift Textile Metalizing LLC (US)

  • AiQ Smart Clothing (Taiwan)

  • Hitek Electronic Materials Ltd (UK)

  • Holland Shielding Systems BV (Netherlands)


Recent Market Developments



November 2021 - A producer of conductive energy textiles and advanced antimicrobial systems, Noble Biomaterials, announces that the company's Circuitex fabric and foam technologies are confirmed to reflect high-frequency energy waves just like those suspected in Havana Syndrome attacks and generated by directed-energy weapons (DEW).

The Circuitex shielding technology enables supreme consistency and performance across a wide range of the electromagnetic spectrum. It is very efficient from 30 MHz through 30 GHz, signifying attenuation values between 30 dB (99.9%) and 90 dB (99.9999999 %).

November 2021 — Cabot Corp has announced a definitive agreement for the acquisition of Tokai Carbon (Tianjin) Co. Ltd. from Tokai Carbon Group for USD9 million, as a matter of customary closing adjustments. The carbon black production plant was appointed in 2006 and is near Cabot's present carbon black and specialty compounds plant in Tianjin, China.

The acquisition is anticipated to help the company's Battery Materials product line while being persistent in serving existing carbon black customers. The development of electric vehicles has caused speedy development in lithium-ion batteries. Conductive carbon black additives play a vital part in battery chemistry to boost lithium-ion batteries' range and cycle life. At p[resent, the plant can produce over 50,000 metric tons of carbon black per year, and Cabot is strategizing to invest in upgrading the capabilities to produce battery grades.

A group of researchers from Microsoft Research, Wuhan University, Dartmouth College, and Southeast University is working on amplifying such a system for interactive fabrics. They revealed Capacitivo, “a contact-based object recognition technique” developed for interactive fabrics. The system is founded on capacitive sensing technology. The current system focuses on sensing non-metallic objects upon touch which includes food, different types of fruits, liquids, and other types of objects. The prototype was made from conductive textile affixed to a textile substrate.

Apr 2021 Myant Inc., the world's chief in the development, design, and production, has announced the introduction of a planned and special collaboration contract towards the use and expansion of next-generation conductive yarns and connectors for exploitation in textile computing uses. Myant's SKIIN textile computing platform is manufactured through patented knitting methods. It leads to the making of smart textiles and smart garments embedded with biometric sensors and actuators that can correctly sense signals from the body 24/7, bring a bi-directional response, and in doing so, allow better health, performance, and wellness.

Mar 2021 A thread generated of conductive cellulose that could be consumed to construct electronic textiles has been advanced in Sweden. A research panel, led by Chalmers University of Technology in Sweden, has been performing with electrically conductive fibers for electronic textiles for more than a few years. The attention was formerly on silk, but now the innovations have been taken further through cellulose usage. Stitching the electrically conductive cellulose threads into a fabric by means of a standard household sewing machine, the investigators have achieved in producing a thermoelectric textile that creates a small amount of electricity when it is warmed on one side - for example, by a person's body heat.

Report Overview


The study of the Conductive Textile Market Outlook states the overall growth of the market in the past years. Even the current growth and future development were discussed in the report. The detailed study of segments shows the major segments and their importance. The regional report states on the prominent continents covered by the market and the share value of each region were discussed in detail. The industrial players' presence and their vital role were mentioned, along with that the recent developments were also stated briefly. The pandemic report shows that the market was hampered, but it will overcome the situation in the future days. Therefore, the Conductive Textile Market is projected to witness a good USD value in the forecast period. 


Key Industrial Segments


By Fabric Type 



  • Nylon

  • Cotton

  • Polyester

  • Others


By Product Type 



  • Woven Textile

  • Non-Woven Textile

  • Knitted Textile


By End-User



  • Military &Defense

  • Healthcare

  • Sports & Fitness

  • Consumer Electronics

  • Others



Report Scope:

Report Attribute/Metric Details
  Market Size

  • 2027: USD 5.4 Billion
  • 2030: Significant Value
  •   CAGR   16.3% (2022-2030)
      Base Year   2021
      Forecast Period   2022-2030
      Historical Data   2019 & 2020
      Forecast Units   Value (USD Billion)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   Fabric Type, Product Type, End-Use Industry and region
      Geographies Covered   North America, Europe, Asia-Pacific, Latin America and Middle East & Africa
      Key Vendors   Toray Industries, Inc (Japan), Laird PLC (UK), Seiren Co., Ltd (Japan), Bekaert (Belgium), Shieldex (US), Coatex Industries (India), Arville (UK), Swift Textile Metalizing LLC (US), AiQ Smart Clothing (Taiwan), Hitek Electronic Materials Ltd (UK), Holland Shielding Systems BV (Netherlands)
      Key Market Opportunities   The rapidly growing end-use industries in the developing countries of Asia-Pacific is expected to create lucrative opportunities for the players operating in the market.
      Key Market Drivers

  • Growing demand in the military & defense industry\r\n
  • Increasing adoption of smart fabrics in numerous applications\r\n
  • Expanding healthcare industry


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    Frequently Asked Questions (FAQ) :

    Global Conductive Textile Market would register a growth of 16.3%.

    The forecast period of the Global Conductive Textile Market until 2027.

    Global Conductive Textile Market will gain a valuation of USD 5.4 Billion by 2027.

    Seiren Co., Ltd, Bekaert, Swift Textile Metalizing LLC, Hitek Electronic Materials Ltd are the top players investing in Global Conductive Textile Market.

    The study of the Global Conductive Textile Market is studied through the segments of Fabric Type, Product Type, and End-Use Industry.