Technology Market Leader
It comes as no surprise that Germany is widely regarded as Europe’s market leader in technical textiles – around 50%, possibly even more, of the country’s textile output is in such products. The sector comprises around 600 companies with more than 20 employees and an estimated turnover in excess of €6 billion, the report noted.
Speaking at a press conference ahead of next month’s Techtextil trade show in Frankfurt, Jürgen Grebe, corporate sector analyst and author of the Commerzbank report, said: “The German sector is regarded – also thanks to the excellent networking with the German research sector, which is itself unique worldwide – as the global technology market leader.”
The report noted the German sector is predominantly the result of a successful structural change on the part of producers of traditional textiles to become highly technical and specialist manufacturers of high-quality textile products.
Broadest Sense
In its broadest sense, “technical textiles” includes the nonwovens and composites segments.
Technology Market LeaderIt comes as no surprise that Germany is widely regarded as Europe’s market leader in technical textiles – around 50%, possibly even more, of the country’s textile output is in such products. The sector comprises around 600 companies with more than 20 employees and an estimated turnover in excess of €6 billion, the report noted.Speaking at a press conference ahead of next month’s Techtextil trade show in Frankfurt, Jürgen Grebe, corporate sector analyst and author of the Commerzbank report, said: “The German sector is regarded – also thanks to the excellent networking with the German research sector, which is itself unique worldwide – as the global technology market leader.”The report noted the German sector is predominantly the result of a successful structural change on the part of producers of traditional textiles to become highly technical and specialist manufacturers of high-quality textile products.Broadest SenseIn its broadest sense, “technical textiles” includes the nonwovens and composites segments.
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