The global conductive textiles market was valued at $2.1 billion in 2022 and is projected to reach $6.3 billion by 2032, growing at a CAGR of 11.8% from 2023 to 2032.
A conductive textile is a type of fabric that has been engineered to possess electrical conductivity. It is designed to conduct electrical signals or currents, enabling the integration of electronic components, sensors, or conductive pathways directly into the fabric structure. Conductive textiles can be created through various techniques, Including Incorporating metallic fibers, conductive yarns, or conductive coatings into the fabric during the manufacturing process.
The properties of conductive textiles Include electrical conductivity, flexibility, durability, and compatibility with textile manufacturing processes. They can be woven, knitted, or non-woven, offering versatility in terms of fabric structures and designs. Conductive textiles are typically lightweight, breathable, and comfortable to wear, making them suitable for applications in wearable technology and smart textiles.
Conductive textile materials are utilized extensively in applications such as smart fabric, particularly those that monitor bodily functions. Communication, sensors, electrostatic discharge garments, and heating textiles are widespread applications for smart textiles. These intelligent fabrics have significant applications in the military, defense, and healthcare sectors. As they can acquire, transmit, and detect physiological signals by medical devices and wearable fitness, smart fabrics produced from these conductive textiles are primarily employed in the healthcare industry to monitor patients and communicate information about their conditions. Moreover, it has extensive applications in the military and defense sectors to provide safety, protection, and durability in hostile environments and to integrate high-tech materials and devices into uniforms. Hence, the demand for conductive textiles is Increasing from the healthcare, defense, and military sectors which is driving the market for conductive textiles.
The global market for conductive textiles is seriously concerned about the high cost of producing conductive textiles. Cotton, nylon, polyester, and wool are conductive fabrics that are expensive to manufacture. Polyester, for example, is derived from crude oil. As a consequence, the price of raw materials for conductive textiles is affected by the volatility of crude oil prices. According to the report of BP Statistical Review of World Energy 2021, the price of crude oil has fluctuated over the past several years. In particular, the price of Brent crude oil decreased from US$52.39/bbl in 2015 to US$43.73/bbl in 2016, Increased from US$54.19/bbl in 2017 to US$71.31/bbl in 2018, and then declined to US$41.84/bbl in 2020. In addition, the high manufacturing cost of conductive textiles resulting from extensive research and developments is expected to hamper the growth of the market as a whole. Due to factors such as price volatility and expensive R&D, the market for conductive textiles confronts an important hurdle.
Nanotechnology is the solution to all market setbacks in conductive textiles due to its remarkable advancements in conductive textiles, such as the creation of antistatic, oil- and water-repellent, and flame-retardant textiles. In addition to inhibiting ultraviolet light, nanotechnology also provides self-cleaning, flame-retardant, and wrinkle-resistant properties. Nanotechnology will create new opportunities in the market for conductive textiles. The production of nanoengineered textiles can be accomplished through a variety of methods. In one procedure, nanoparticles are woven into the fabric, while in another, they are applied to the surface of the finished product. The uniform distribution of nanoparticles in the polymer matrix provides the fabric with strength and resistance.
The conductive textiles market is segmented into fabric type, product type, end-use industry, and region. Depending on the fabric type, the market is divided into nylon, cotton, polyester, and wool. On the basis of product type, it is categorized into woven textile, non-woven textile, and knitted textile. As per end-use industry, it is categorized into military and defense, healthcare, sports and fitness, consumer electronics, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the global conductive textiles market are UBE Corporation, 3M, TORAY INDUSTRIES, Inc., Kolon Industries, Inc., Saint Gobain, KANEKA CORPORATION, Shinmax Technology Ltd., DuPont, Shieldex, and Coatex Industries.
A conductive textile is a type of fabric that has been engineered to possess electrical conductivity. It is designed to conduct electrical signals or currents, enabling the integration of electronic components, sensors, or conductive pathways directly into the fabric structure. Conductive textiles can be created through various techniques, Including Incorporating metallic fibers, conductive yarns, or conductive coatings into the fabric during the manufacturing process.
The properties of conductive textiles Include electrical conductivity, flexibility, durability, and compatibility with textile manufacturing processes. They can be woven, knitted, or non-woven, offering versatility in terms of fabric structures and designs. Conductive textiles are typically lightweight, breathable, and comfortable to wear, making them suitable for applications in wearable technology and smart textiles.
Conductive textile materials are utilized extensively in applications such as smart fabric, particularly those that monitor bodily functions. Communication, sensors, electrostatic discharge garments, and heating textiles are widespread applications for smart textiles. These intelligent fabrics have significant applications in the military, defense, and healthcare sectors. As they can acquire, transmit, and detect physiological signals by medical devices and wearable fitness, smart fabrics produced from these conductive textiles are primarily employed in the healthcare industry to monitor patients and communicate information about their conditions. Moreover, it has extensive applications in the military and defense sectors to provide safety, protection, and durability in hostile environments and to integrate high-tech materials and devices into uniforms. Hence, the demand for conductive textiles is Increasing from the healthcare, defense, and military sectors which is driving the market for conductive textiles.
The global market for conductive textiles is seriously concerned about the high cost of producing conductive textiles. Cotton, nylon, polyester, and wool are conductive fabrics that are expensive to manufacture. Polyester, for example, is derived from crude oil. As a consequence, the price of raw materials for conductive textiles is affected by the volatility of crude oil prices. According to the report of BP Statistical Review of World Energy 2021, the price of crude oil has fluctuated over the past several years. In particular, the price of Brent crude oil decreased from US$52.39/bbl in 2015 to US$43.73/bbl in 2016, Increased from US$54.19/bbl in 2017 to US$71.31/bbl in 2018, and then declined to US$41.84/bbl in 2020. In addition, the high manufacturing cost of conductive textiles resulting from extensive research and developments is expected to hamper the growth of the market as a whole. Due to factors such as price volatility and expensive R&D, the market for conductive textiles confronts an important hurdle.
Nanotechnology is the solution to all market setbacks in conductive textiles due to its remarkable advancements in conductive textiles, such as the creation of antistatic, oil- and water-repellent, and flame-retardant textiles. In addition to inhibiting ultraviolet light, nanotechnology also provides self-cleaning, flame-retardant, and wrinkle-resistant properties. Nanotechnology will create new opportunities in the market for conductive textiles. The production of nanoengineered textiles can be accomplished through a variety of methods. In one procedure, nanoparticles are woven into the fabric, while in another, they are applied to the surface of the finished product. The uniform distribution of nanoparticles in the polymer matrix provides the fabric with strength and resistance.
The conductive textiles market is segmented into fabric type, product type, end-use industry, and region. Depending on the fabric type, the market is divided into nylon, cotton, polyester, and wool. On the basis of product type, it is categorized into woven textile, non-woven textile, and knitted textile. As per end-use industry, it is categorized into military and defense, healthcare, sports and fitness, consumer electronics, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the global conductive textiles market are UBE Corporation, 3M, TORAY INDUSTRIES, Inc., Kolon Industries, Inc., Saint Gobain, KANEKA CORPORATION, Shinmax Technology Ltd., DuPont, Shieldex, and Coatex Industries.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the conductive textiles market analysis from 2022 to 2032 to identify the prevailing conductive textiles market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the conductive textiles market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report Includes the analysis of the regional as well as global conductive textiles market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Fabric Type
- Nylon
- Cotton
- Polyester
- Wool
By Product Type
- Woven Textile
- Non Woven Textile
- Knitted Textile
By End Use Industry
- Sports and Fitness
- Consumer Electronics
- Others
- Military and Defense
- Healthcare
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- 3M Company
- Coatex Industries
- DuPont de Nemours, Inc.
- Kaneka Corporation.
- Kolon Industries Inc.
- Saint-Gobain
- Shieldex
- Shinmax Technology Ltd
- TORAY INDUSTRIES, Inc.
- UBE Corporation
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: CONDUCTIVE TEXTILES MARKET, BY FABRIC TYPE
CHAPTER 5: CONDUCTIVE TEXTILES MARKET, BY PRODUCT TYPE
CHAPTER 6: CONDUCTIVE TEXTILES MARKET, BY END USE INDUSTRY
CHAPTER 7: CONDUCTIVE TEXTILES MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to a new report, titled, 'Conductive Textiles Market,' The conductive textiles market was valued at $2.1 billion in 2022, and is estimated to reach $6.3 billion by 2032, growing at a CAGR of 11.8% from 2023 to 2032.Conductive fabrics are electrically conductive. Conductive textiles are comprised of threads that are electrically conductive due to metallic threads or metallic coatings woven into the fabric. Semi-conductive textiles that combine traditional textiles with carbon or metal-based particles are also evaluated.
Conductive fibers are coated or embedded non-conductive or inadequately conductive substrates with conductive elements. Carbon, nickel, copper, gold, silver, titanium, or PEDOT are the most prevalent. Metals can be chemically deposited with electroless chemistry, printed with conductive nanoparticle coatings, or physically deposited with physical vapor deposition processes. Common materials include cotton, polyester, nylon, and stainless steel, as well as high-performance fibers such as aramid and PBO. Conductive fibers can be purchased by weight, length, or American wire gauge (AWG).
On the path to sustainable mobility, textiles are contributing effectively and rapidly in a variety of automotive applications. Automobiles are the backbone of our society, and the industry is consistently expanding at a healthy rate. With technological advancements, safety, and comfort features, the material used in all vehicle components is of utmost importance. Diverse modifications have resulted in material substitutions to satisfy requirements such as lower emissions, lightweight, anti-corrosion, durability, passenger safety, and fire resistance. Globally, these developments are now the norm and a great deal of research and development is being conducted to discover the best alternatives to conventional materials. In addition to their use on exterior vehicle surfaces, conductive fabrics are also finding applications within the vehicle, such as enhanced thermal control. Their versatile character makes them a significant component of contemporary automobiles. The increasing integration of electronics into automobiles, the emergence of advanced polymers, and the continuous miniaturization of electronic components is likely to increase the market share of automotive applications.
The global market for conductive textiles is seriously concerned about the high cost of producing conductive textiles. Cotton, nylon, polyester, and wool are conductive fabrics that are expensive to manufacture. Polyester, for example, is derived from crude oil. As a consequence, the price of raw materials for conductive textiles is affected by the volatility of crude oil prices. According to the report of BP Statistical Review of World Energy 2021, the price of crude oil has fluctuated over the past several years. In particular, the price of Brent crude oil decreased from US$52.39/bbl in 2015 to US$43.73/bbl in 2016, increased from US$54.19/bbl in 2017 to US$71.31/bbl in 2018, and then declined to US$41.84/bbl in 2020. In addition, the high manufacturing cost of conductive textiles resulting from extensive research and developments is expected to hamper the growth of the market as a whole. Due to factors such as price volatility and expensive R&D, the market for conductive textiles confronts an important hurdle.
Nanotechnology is the solution to all market setbacks in conductive textiles due to its remarkable advancements in conductive textiles, such as the creation of antistatic, oil- and water-repellent, and flame-retardant textiles. In addition to inhibiting ultraviolet light, nanotechnology also provides self-cleaning, flame-retardant, and wrinkle-resistant properties. Nanotechnology will create new opportunities in the market for conductive textiles. The production of nanoengineered textiles can be accomplished through a variety of methods. In one procedure, nanoparticles are woven into the fabric, while in another, they are applied to the surface of the finished product. The uniform distribution of nanoparticles in the polymer matrix provides the fabric with strength and resistance.
For the purpose of analysis, the conductive textile market scope covers segmentation based on fabric type, product type, end-use industry, and region. The report provides information on various fabric types, including nylon, cotton, polyester, and wool. Furthermore, the major product types covered in the study include woven textiles, non-woven textiles, and knitted textiles. Moreover, it outlines the details of the end-use industry such as military and defense, healthcare, sports and fitness, consumer electronics, and others. In addition, it analyzes the current market trends across different regions such as North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the global conductive textiles market are UBE Corporation, 3M, TORAY INDUSTRIES, INC., Kolon Industries, Inc., Saint Gobain, KANEKA CORPORATION, Shinmax Technology Ltd., DuPont, Shieldex, and Coatex Industries.
Key findings of the study
- On the basis of fabric type, the nylon segment is expected to grow at a CAGR of 12.2%, in terms of revenue, during the forecast period.
- On the basis of product type, the non-woven textile segment is expected to grow at a high CAGR, in terms of revenue, during the forecast period.
- Region wise, Europe garnered a major share in 2022 in terms of revenue.
Companies Mentioned
- 3M Company
- Coatex Industries
- DuPont de Nemours, Inc.
- Kaneka Corporation.
- Kolon Industries Inc.
- Saint-Gobain
- Shieldex
- Shinmax Technology Ltd
- TORAY INDUSTRIES, INC.
- UBE Corporation
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 580 |
| Published | June 2023 |
| Forecast Period | 2022 - 2032 |
| Estimated Market Value ( USD | $ 2.1 billion |
| Forecasted Market Value ( USD | $ 6.3 billion |
| Compound Annual Growth Rate | 11.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
