Feed Preservatives Market Forecasts to 2028 – Global Analysis By Type (Anticaking Agents, Feed Antioxidants and Other Types), Livestock (Aquaculture, Poultry, Ruminants and Other Livestocks), Feed Type and By Geography

Feed Preservatives Market Forecasts to 2028 – Global Analysis By Type (Anticaking Agents, Feed Antioxidants and Other Types), Livestock (Aquaculture, Poultry, Ruminants and Other Livestocks), Feed Type and By Geography

According to Stratistics MRC, the Global Smart Textiles for Military Market is accounted for $5446.65 million in 2022 and is expected to reach $7739.31 million by 2028 growing at a CAGR of 6.03% during the forecast period. Innovative technologies are woven into fabrics to create smart textiles, which provide the wearer extra functionality. These clothes track the wearer's every movement, transmit crucial data like location, body temperature, blood pressure, and heart rate, and respond to outside stimuli. The market for smart textiles is expanding due to technological breakthroughs, shrinking of electronic components, increased development of wireless devices, a wide range of applications across multiple end user sectors, and inexpensive sensors.

According to a study conducted by FI According to CCI, many materials currently in use for military purposes are outdated and need immediate upgrading. The domestic textile industry in India is seeking a share of the Rs 2,000 crore annual clothing requirements of more than 15 lakh defence and 12 lakh paramilitary personnel, as India’s textile sector has the capability to deliver world-class military gear.

Market Dynamics:

Driver:

Technological Advancements

The Smart Textiles is primarily driven by the expanding demand for high-tech performance clothing. The governments of all the nations are making every effort to concentrate on the use of cutting-edge military gear that will improve the soldier's effectiveness. The most recent technology will aid soldiers in enhancing combat operations. The fabrics will protect the soldiers from heat, sweat, and visual light so that their work is completed efficiently. Incorporating smart fabrics into blankets, sleeping bags, and military apparel will further boost demand for this product category. In order to store energy and track locations, the researcher is also creating smart textiles.

Restraint:

Government regulations and high cost

A significant barrier in the market for smart textiles for the military is the high cost of manufacturing military apparel due to the expensive raw ingredients. Government restrictions on the use of chemicals are one of the main market inhibitors. The government is enforcing rigorous measures against smart textiles since they are made with various chemicals, some of which are potentially dangerous. Aside from the high cost of manufacturing, smart textiles can be very expensive.

Opportunity:

Surge in the different applications

Smart textiles are being used by many nations across the world into their military bases to improve the effectiveness of their soldiers through enhanced mobility and connectivity to small technological devices. Additionally, to ensure competent performance on the battlefield, these smart textiles are capable of monitoring and responding to thermal, chemical, electrical, mechanical, magnetic, and other forms of environmental stimuli in a preset and well-programmed manner. Additionally, the release of moisturisers or medications into the skin is made possible by the integration of accelerometers, heart rate sensors, and many other devices into clothing such as gloves, pants, coats, and others.

Threat:

Involvement of chemicals in the production

Like other markets, the military market for smart textiles has a variety of difficulties. The chemical used in the manufacture of smart textiles is one of the main obstacles. The production of smart textiles has been significantly hampered by the fact that all of the chemicals employed in them are unsafe. In order to increase market revenue for smart textiles in the upcoming years, the major players are working to overcome these obstacles.

Covid-19 Impact

The coronavirus outbreak has had a significant impact on the world economy. The virus has now infected numerous commercial entities and spread to every nation. The supply of goods and their manufacture have suffered because of the COVID-19 epidemic. The government ordered a lockdown in the countries, which put a stop to manufacturing. The covid-19 epidemic had a detrimental effect on the market for smart textiles for the military. The market was hampered by the labour shortage, factory closures, and travel restrictions. The manufacture faced difficulties because the raw materials were unavailable due to travel and import/export restrictions.

Active smart textiles segment is expected to be the largest during the forecast period

Active smart textiles segment is estimated to have a lucrative growth, due to the inclusion of actuators that react in line with the stimuli detected and sensors that can detect changes in the external environment in second-generation smart textiles. Active smart textiles are chameleonic, water-resistant, vapour permeable and absorbent, heat-storage, and thermos-regulated fabrics that also possess the shape memory feature. Several nations have focused on the research and development of fibre optics, thermal sensitive materials, photosensitive materials, conductive polymers, and chemical-responsive fabrics as a result of the camouflage strategy that these textiles offer.

Protection and mobility segment is expected to have the highest CAGR during the forecast period

Protection and mobility segment is anticipated to witness the fastest CAGR growth during the forecast period, due to their extended deployment in tough terrain, military soldiers must be protected from the weather and potential fighting threats. Because they have such a wide range of defensive and offensive possibilities, biological and chemical agents continue to pose serious risks. Concerns that non-state armed actors, such terrorists and militia groups, could employ biological pathogens to target air, water sources, food supplies, and other crucial infrastructures have recently raised the threat of bioterrorism. Toxins and microbiological substances also represent a serious threat to the soldiers' mental health, which may compromise the success of any military operations.

Region with highest share:

North America is projected to hold the largest market share during the forecast period owing to the presence of top smart textile producers in the region, as well as the growing use of smart textiles in the military & defence, healthcare, sports & fitness, automotive, and other industrial sectors are major factors fueling the growth of the North American smart textiles market.

Region with highest CAGR:

Asia Pacific is projected to have the highest CAGR over the forecast period, owing to the quick industrialisation, particularly in developing nations like India, China, Thailand, and Indonesia, technological developments in medical and military & defence equipment, expanding sales of wearable smart devices, and growing consumer disposable income. The expansion of government spending in the healthcare and military & defence sectors, as well as the enforcement of strict regulatory standards for workplace efficiency and safety, are other factors contributing to the Asia Pacific market's revenue growth.

Key players in the market

Some of the key players profiled in the Smart Textiles for Military Market include Directa Plus SPA, DuPont, Advanced Fabric Technology LLC, Outlast Technologies LLC, BeBop Sensors, Ohmatex, WL Gore & Associates Inc., Mide Technology Corporation, Koninklijke Ten Cate BV, BAE Systems plc, TenCate Fabrics, Schoeller Textil AG, Texas Instruments Inc., Noble Biomaterials Inc., Milliken & Company, Textronics, Interactive Wear AG, Toray Industries

Key Developments:

In July 2021, DuPont bought Laird Performance Materials, a prominent provider of high-performance electromagnetic shielding and thermal management systems.

In February 2021, DuPont acquired Tex Tech’s Core Matrix Technology . The acquisition aims to expand company’s already robust portfolio of life protection solutions. This will allow lightweight ballistic and most flexible solutions to meet new standards of National Institute of Justice (NIJ) for improved durability.

Types Covered:
• Active Smart Textiles
• Ultra-Smart Textiles
• Passive Smart Textiles
• Other Types

Applications Covered:
• Energy Harvest
• Health Monitoring
• Protection & Mobility
• Camouflage
• Temperature Monitoring Control
• Other Applications

End Users Covered:
• Law Enforcement
• Defense
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements