Global Conductive Fabrics Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Conductive Fabrics Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Conductive fabrics are materials that are made from, coated or blended with conductive metals including but not limited to gold, carbon, titanium, nickel, silver, or copper. Base fabric materials include cotton, polyester, and nylon. Military & defense, healthcare, sports & fitness, and consumer electronics are some of the key end-users of conductive fabrics.

Market Overview:

The latest research study on the global Conductive Fabrics market finds that the global Conductive Fabrics market reached a value of USD 738.97 million in 2022. It’s expected that the market will achieve USD 1775.4 million by 2028, exhibiting a CAGR of 15.73% during the forecast period.

Influence of COVID-19 Outbreak on Conductive Fabrics Industry Development

The distribution channel segment is divided into offline and online, the offline segment is dominating the market currently, and due to emergence of COVID-19, the online market witnessed a significant growth in 2020. The COVID-19 Outbreak has led to a decline in offline passenger flow, and the advantages of e-commerce companies have become prominent. During the epidemic prevention and control period, Conductive Fabrics enterprises did not carry out internet marketing and promotion for their business, so they encountered great resistance in undertaking business. For enterprises that fail to make good use of network promotion means, there is almost no market development during the epidemic period, and the original offline market development plan is disrupted, and the epidemic will face fierce market homogenization competition, which is expected to have a great impact on the company's business throughout the year.
The epidemic will have a short-term impact on Conductive Fabrics industry, but it is relatively limited. Due to the impact of the epidemic, the production of raw materials and equipment procurement and transportation supply are difficult to be in place, and upstream enterprises affect the work schedule of downstream enterprises. During the first few months of the pandemic, a declined production of consumer electronics and wearables was witnessed in most parts of the world. The suspension of major automotive, aerospace, and electronics production facilities emerged as a major factor behind the weakened product supply. The manufacturers of conductive fabrics witnessed numerous roadblocks due to supply chain issues, logistics disruption, and restrictions on movement. Equipment manufacturing and product manufacturing enterprises in Conductive Fabrics industry are affected to different degrees, and the production and delivery work may be delayed to some extent. Meanwhile, if it fails to meet the customer's delivery time requirements according to the contract, it may lead to the customer looking for another enterprise and lose business.

Apart from this, the COVID-19 outbreak has resulted in the closing down of several manufacturing facilities across the globe. The pandemic caused huge revenue losses in end-use industry. The coronavirus lockdown put a brake on the production of several key raw materials in the global market, which, in turn, spiked the prices and lowered the demand for the product. The strict lockdown mandates imposed by governments have restricted cross-border trade between countries, another factor proving to be detrimental for the Conductive Fabrics market share. In addition, Conductive Fabrics manufacturers are drawing up plans for the international market as a new supply link in the global Conductive Fabrics industry, as companies look to re-engineer supply chains in the aftermath of COVID-19. Also, it is expected that the product demand in end-user sectors could pick up following the uplift of the lockdown in numerous countries.

Strength

Growing awareness of advantages of conductive fabrics drives the global conductive fabrics market. Growing awareness about the superior functionality and application of conductive fabrics has led to the rising adoption of the textiles and related products across varied end-use industries. Conductive fabrics are flexible, durable, light weight, and have high strength. The increasing awareness about the functionalities and benefits regarding of the use of conductive fabrics in smart textiles and wearable devices has boosted the demand, globally. Conductive fabrics have several advantages, such as consistent conductive performance, consistent electromagnetic reflection properties and outstanding stretching and flexibility capabilities. These, along with the growing awareness of these textiles are major drivers for the conductive fabrics market.

End users like military & defense, healthcare, sports & fitness, and consumer electronics drive the growth of conductive fabrics market. Conductive fibers and yarns are being adopted across various end users such as military & defense, medical & healthcare, sports & fitness, and consumer electronics, among others. Conductive fabrics materials are usually made of organic polymers that are perfect insulators. However, due to weak electrical conductivity electrical load is accumulated on the surface of organic polymers. Thus, to prevent the accumulation of electrical load and to enhance the possibility of electrical load transfer and obtain electromagnetic shielding effect, the textile materials are turned into electrically conductor by using different methods.

Region Overview:

North America had the highest growth rate of all regions.

Company Overview:

Toray Industries, Inc, Laird PLC, Seiren Co., Ltd, Swift Textile Metalizing LLC and Shieldex are the five key players in the global Conductive Fabrics market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Conductive Fabrics market in the past 5 years.

Toray Industries, Inc. is a multinational corporation headquartered in Japan that specializes in industrial products centered on technologies in organic synthetic chemistry, polymer chemistry, and biochemistry. Its founding business areas were fibers and textiles, as well as plastics and chemicals. The company has also diversified into areas such as pharmaceuticals, biotechnology and R&D, medical products, reverse osmosis big membranes, electronics, IT-products, housing and engineering, as well as advanced composite materials.

Laird Performance Materials improves electronic devices by creating innovative protection solutions. World-leading technology brands rely on Laird for improved protection, higher performance and reliability, custom structural designs, and faster time-to-market. 4 Laird PLC solves design issues through products such as EMI shielding and EMI absorbing materials, thermal interface materials, precision and structural metals, and integrated, multi-functional solutions. This latter product family resolves multiple design challenges simultaneously. Laird serves automotive, aerospace and defense, medical, computing, data infrastructure, telecom, test and measurement, wearable devices, gaming, and additional markets.

Segmentation Overview:

Among different product types, Nylon segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Heating segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Conductive Fabrics market covered in Chapter 3:

Laird PLC
Toray Industries, Inc
Herculite Products, Inc.
Coatex Industries
Swift Textile Metalizing LLC
Seiren Co., Ltd
Shieldex
Holland Shielding Systems BV

In Chapter 4 and Chapter 14.2, on the basis of types, the Conductive Fabrics market from 2018 to 2029 is primarily split into:

Cotton
Nylon
Polymer
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Conductive Fabrics market from 2018 to 2029 covers:

Heating
Sensors
Energy Harvesting/Storage

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)