Waterproof Breathable Textiles (WBT) Market Growth Rate And Industry Price Till, 2014 - 2025
Waterproof breathable textile (WBT) industry is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe. The market could be explored by raw material type, textile, product, application, and geography. Waterproof breathable textiles market could be explored by raw material type as Polyester, ePTFE, Polyurethane (Coated and Film), and Others. The “Polyurethane Membranes & Coatings” segment led the waterproof breathable textile industry in 2017 and is anticipated to maintain its dominance by 2025. The key factors that could be attributed to the growth of the market include water resistant and breathable properties and low cost.
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Based on textiles, the waterproof breathable textile market could span Membrane, Densely Woven, Coated, and others. The “Membrane” segment led the waterproof breathable textiles industry in 2017 and is anticipated to maintain its dominance by 2025. The market could be explored based on the product as Gloves, Garments, and Footwear. The “Footwear” segment led the WBT market in 2017 and is anticipated to maintain its dominance by 2025. The key factors that could be attributed to the growth of the market include growing benefits such as insulation, high-strength, and lightweight properties of the fabrics.
The key applications that could be explored in the WBT industry include Active Sportswear and Others. The ‘Active Sportswear’ segment led the waterproof breathable textiles (WBT) market in 2017 and is anticipated to maintain its dominance by 2025. The key factor that may be attributed to the growth of the market includes growing usage of WBT in the pharmaceutical and military segment.
Asia-Pacific accounted for the major market share of waterproof breathable textile in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include rapid industrialization, new research and development, innovation of unique and new materials with high profits, huge demand for waterproof breathable textiles, and increasing consumer disposable income. Asia-Pacific is followed by Europe.
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