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Technical Textiles Business Update 2025

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    Report

  • 27 Pages
  • January 2025
  • Region: Global
  • Textiles Intelligence Ltd.
  • ID: 6051074

This report provides a round-up of the latest developments in the global technical textiles sector, including: acquisitions, divestments and mergers; business news; events; investments; and joint ventures.

The report contains news relating to a number of innovative companies, other organisations, and events, including: Airtech Advanced Materials Group; Autoneum; Barmag; BASF; Beaulieu Technical Textiles; B.I.G. Yarns; Chengdu FAW-Sihuan Automobile Interior Parts; Circ; Cosmotec Nonwovens; Dornbirn Global Fiber Congress; EDANA; Freudenberg Performance Materials; Global Nonwoven Alliance (GNA); HeiQ Materials; HX Innovation; INDA; IPCO; MehlerHeytex; New Era Converting Machinery; Nonwovenn; OC Oerlikon; Owens Corning; Praana Group; RCP; ReforceTech; Rieter; Rock Fiber Inc (RFI); Swiss Textile Machinery Association; Syensqo; Vartega; and Xefco.

Who should buy this report?

  • Manufacturers of fibres, textiles, clothing and chemicals
  • Textile and clothing machinery manufacturers - spinning, weaving, knitting, sewing and import/export
  • Textile and clothing brands and retailers like Adidas, H&M etc.
  • Educational institutions like universities, fashion schools etc.
  • Business consultancy firms
  • Textile and clothing trade associations
  • Government trade bodies

Table of Contents

ACQUISITIONS, DIVESTMENTS AND MERGERS
  • Airtech Advanced Materials Group has acquired Cosmotec Nonwovens
  • Autoneum is to acquire Chinese company Chengdu FAW-Sihuan Automobile Interior Parts
  • Beaulieu Technical Textiles has been sold to private equity firm RCP
  • HeiQ Materials, a producer of textile finishes and auxiliaries, has divested its shareholding in the joint venture company HX Innovation to Xefco
  • IPCO has acquired New Era Converting Machinery
  • Mehler Texnologies has been merged with the core business of Heytex to form the MehlerHeytex brand, following the acquisition of the two companies by Freudenberg Performance Materials
  • OC Oerlikon is to divest its Barmag polymer processing solutions division to Rieter
  • Owens Corning is to sell its glass fibre reinforcements business to Praana Group
BUSINESS NEWS
  • EDANA has raised concerns over the possibility of European countermeasures in response to US import tariffs
  • INDA and EDANA plan to establish the Global Nonwoven Alliance
  • INDA has called on the US government to permanently exclude US import tariffs on products which fall under the United States-Mexico-Canada Agreement (USMCA)
  • The Swiss Textile Machinery Association has appointed a new president and an additional board member
EVENTS
  • The 64th edition of the Dornbirn Global Fiber Congress will focus on workwear, protective textiles and defence, carbon stewardship, and fibre innovations
INVESTMENTS
  • BASF has opened a plant for producing recycled polyamide 6 in China
  • B.I.G. Yarns has invested in the production of three-ply yarns in Europe
  • Circ is to invest Euro450 mn in building a plant for recycling polyester-cotton textiles in France
  • Nonwovenn is to invest £1.5 mn in its ProTech division
  • Nonwovenn has announced a new round of investment in order to target the market for oral pouches
JOINT VENTURES
  • Rock Fiber Inc (RFI) and ReforceTech have formed a joint venture to drive the use of basalt fibre reinforced composites in the construction industry
  • Vartega and Syensqo have entered into an agreement to recycle carbon fibre

Companies Mentioned

  • Airtech Advanced Materials Group
  • Autoneum
  • Barmag
  • BASF
  • Beaulieu Technical Textiles
  • B.I.G. Yarns
  • Chengdu FAW-Sihuan Automobile Interior Parts
  • Circ
  • Cosmotec Nonwovens
  • Dornbirn Global Fiber Congress
  • EDANA
  • Freudenberg Performance Materials
  • Global Nonwoven Alliance (GNA)
  • HeiQ Materials
  • HX Innovation
  • INDA
  • IPCO
  • MehlerHeytex
  • New Era Converting Machinery
  • Nonwovenn
  • OC Oerlikon
  • Owens Corning
  • Praana Group
  • RCP
  • ReforceTech
  • Rieter
  • Rock Fiber Inc (RFI)
  • Swiss Textile Machinery Association
  • Syensqo
  • Vartega
  • Xefco