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The cooling fabrics industry is predicted to witness growth in the forecast period due to the increasing demand for cooling fabrics in the textile industry. Another factor driving the market's growth is the rising demand for cooling fabrics that give comfort by creating a cooling effect. One of the key trends for the global cooling fabrics industry is the increasing awareness among sportspersons. The majority of sportsperson prefer highly desirable and comfortable materials for their garments. Therefore, the growing engagement in sports and regular exercise is driving demand for cooling fabrics-based sportswear, which is expected to move the global market forward. The market would witness lucrative growth opportunities due to the rising usage of cooling fabrics for healthcare, military, and industrial applications. The ability of cooling garments to decrease the heat stress caused by extreme exposure, especially in industrial applications, would increase their utilisation for making protective wear. Besides, they are utilised in other applications like lifestyle, automotive, and fashion which would augment the market's demand in the next few years.
The rising popularity of cooling fibre due to its properties is also fuelling the growth of the target market. In September 2017, Polartec introduced new collections, especially for electricians, contractors, and oil and gas professionals. The collection features Polartec fabric technologies, including advanced thermoregulation fabrics for hot and cold environments, with performance knits and finishes such as Polartec Hardface enhanced durability.
Market Analysis by Type, Textile Type, Application, and Regions:
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The major players in the global cooling fabrics industry are Ahlstrom-Munksjö, Polartec®, LLC, Coolcore, Formosa Taffeta Co., Ltd., and HexArmor, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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