Global Technical Textiles Business Update 2022: acquisitions, divestitures and mergers; Economic news; investments; joint ventures; and Markets – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “Global Technical Textiles Business Update, 2022” report by Textiles Intelligence Ltd. has been added to from ResearchAndMarkets.com offer.

This report provides an overview of recent corporate developments in the global technical textiles industry, including: acquisitions, divestitures and mergers; economic news; investments; joint ventures; and markets.

The report contains information related to the following innovative companies and other organizations:

  • Ahlstrom-Munksjo

  • Albany International

  • Andritz Group

  • Archrome

  • Autoliv

  • AquaCast Liner

  • Bast Fiber Technologies (BFT)

  • Biosphere Society

  • CEMATEX

  • Coats

  • Essity

  • Faser Veredlung Tonisvorst (FVT)

  • Fitesa

  • Fraunhofer ITWM

  • Freudenberg Performance Materials

  • IMCD

  • INDIA

  • Indorama Ventures (IVL)

  • Innovatec

  • Itema Group

  • Kelheim fibers

  • Lamiflex

  • Lumberton Cellulose

  • NatureWorks

  • Piaggio Group

  • Polychem Handelsges

  • Reifenhauser Reicofil

  • Safran Aircraft Engines

  • Solvay

  • Teijin Group

  • teijin limited

  • trill

  • Trutzschler

  • Vesta

  • Weitmann & Konrad (Weko)

  • Advanced Welspun Materials

  • Zoltek

Main topics covered:

SUMMARY

ACQUISITIONS, DISPOSALS AND MERGERS

  • Bast Fiber Technologies (BFT) has acquired Faser Veredlung Tönisvorst (FVT) and has agreed to acquire Lumberton Cellulose

  • Hygiene and health company Essity has acquired AquaCast Liner, a supplier of fracture management products

  • Machinery builder Itema Group has acquired composite component producer Lamiflex

  • Specialty chemicals distributor IMCD acquires chemicals and additives supplier Polychem Handelsges

ECONOMIC NEWS

  • Biopolymer maker NatureWorks moves to new headquarters and research center

  • Freudenberg Performance Materials launches initiative to highlight its sustainable products

  • Household and hygiene products manufacturer Biosphere Corporation has ordered a high-capacity hydroentangling line from Andritz Group

  • INDA presented a plan on how it will support the nonwovens industry after the COVID-19 pandemic

  • Kelheim Fibers raised prices in response to rising wholesale natural gas prices

  • The Comité Européen des Constructeurs de Machines Textiles (CEMATEX – The European Committee of Textile Machinery Manufacturers) is launching a new initiative to support start-ups

  • Specialized chemical company Archroma has moved its headquarters to Switzerland

  • Sustainability certification has been awarded to two sites owned by Indorama Ventures (IVL)

  • Teijin Limited will carry out a life cycle assessment of its carbon fibers

  • The EU has granted funding to three European partners to further develop an enzymatic process for recycling polyethylene terephthalate (PET)

  • The Fraunhofer-Institut fur Techno- und Wirtschaftsmathematik (ITWM-Institute for Industrial Mathematics) uses numerical simulations of production processes to optimize the filtration efficiency of meltblown fabrics

  • Trutzschler has unveiled its latest comber

  • Vestas plans to scale up wind turbine blade recycling partnerships

INVESTMENTS

  • Ahlstrom-Munksjö uses new testing capabilities to develop molecular filter media for automotive and industrial filtration markets

  • Coats to invest $10 million in initiative to develop environmentally friendly materials and technologies

  • Innovatec invests in a non-contact fluid application system from Weitmann & Konrad (Weko) for the functionalization of meltblown nonwovens

  • Spunmelt nonwovens producer Fitesa will increase its production of sustainable nonwovens by investing in a new line

  • Teijin Group has expanded its production capacity of heat-resistant prepregs

  • Welspun Advanced Materials has invested in a high-speed hydroentangling line supplied by Andritz Group

  • Zoltek to increase production of large carbon fiber cables

JOINT VENTURES

  • Autoliv and the Piaggio Group have signed an agreement to jointly develop airbags for motorized two-wheeled vehicles such as scooters and motorcycles

  • Safran Aircraft Engines and Albany International have agreed to extend their partnership

  • Solvay and Trillium Renewable Chemicals (Trillium) will work on the development of biobased carbon fiber

MARKETS

  • Revenue generated by the global nonwovens industry will grow at a compound annual growth rate (CAGR) of 6% between 2020 and 2030, to reach $68.1 billion.

  • Sales of meltblown nonwoven fabrics doubled due to the COVID-19 pandemic

For more information about this report visit https://www.researchandmarkets.com/r/yvmoxl

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