Varanasi News Magazine

Coolcore LLC (US) and NILIT (Israel) are the Key Players in the Cooling Fabrics Market

 Breaking News
  • No posts were found

Coolcore LLC (US) and NILIT (Israel) are the Key Players in the Cooling Fabrics Market

July 15
22:25 2020
Coolcore LLC (US) and NILIT (Israel) are the Key Players in the Cooling Fabrics Market

Browse 110 market data Tables and 29 Figures spread through 120 Pages and in-depth TOC on “Cooling Fabrics Market “
Cooling Fabrics Market by Type (Synthetic, Natural),Textile Type (Woven, Non-woven, Knitted), Application (Sports Apparel, Lifestyle, Protective Wearing, Others), Region (North America, Europe, APAC, South America, MEA)

The cooling fabrics market in 2019 is estimated to be USD 2.4 billion and is projected to reach USD 3.7 billion by 2024, at a CAGR of 9.1% during the forecast period. Growth in this market is attributed mainly to the increasing demand for cooling fabrics in sports apparel, lifestyle, and protective wearing.

North America is estimated to account for the largest share of the cooling fabrics market in 2019, followed by Europe and Asia Pacific. The US is one of the significant consumers of cooling fabrics in North America. Increase in technological advancement, R&D investments, and the presence of a wide range of end-use application market drives the North America cooling fabrics market.

Cooling fabrics lowers the body temperature of the wearer when the wearer gets sweaty. Cooling fabrics generally have the property to adapt to the environmental conditions and regulate the temperature of the body by managing heat and moisture. These fabrics distribute the body heat and cool the body by evaporating sweat. The fibers used to make cooling fabrics can pull the sweat and moisture very quickly from the skin and extend the wet area of the surface as much as possible. Major companies operating in the cooling fabrics market are Coolcore LLC (US), Ahlstrom-Munksjö (Finland), NILIT (Israel), Polartec (US), , Nan Ya Plastics Corporation (Taiwan), Tex-Ray Industrial Co., Ltd. (Taiwan), Formosa Taffeta Co., Ltd. (Taiwan), Asahi Kasei Corporation (Japan), and Hexarmor (US),  among others.

To know about the assumptions considered for the study download the pdf brochure

In recent times, key companies have adopted various strategies, such as new product launches, expansions, acquisitions, and partnerships. These companies are also investing in R&D activities to strengthen their sales & distribution networks, enhance their market visibility, and strengthen their position in the cooling fabrics market.

Coolcore LLC (US), is one of the leading manufacturers of cooling fabrics. The company is focusing on business expansion strategies such as new product launch and partnership to strengthen its market position and consolidate its financial position in the cooling fabrics market.

  • In March 2018, the company launched single strand yarn Fibr-X which possess the same thermoregulation characteristics as the original fabrics. Fibr-X yarn can be woven with other natural and synthetic fibers, which provides some additional characteristics to the final products. With this new product launch, the company strengthened its product portfolio.
  • In March 2018, Coolcore LLC partnered with Fuze BioTech, LLC based in Salt Lake City to add nonionic, nontoxic, and molecular alloy technology which will help control the odor from the fabric. This type of fabric also helps in reducing the contact of bacteria with fabric, which reduces odor. With this partnership and its offering, the company would be able to meet the market demand for odor regulated cooling fabrics.

NILIT (Israel) is another key player in the cooling fabrics market. In December 2014, the company acquired the production facilities of INVISTA Americana in Sao Paulo, Brazil that produces nylon 6.6. This acquisition helped the company increase its presence and market share in Brazil and the South American nylon market. Further, the company met the demand for garments in the local market of Brazil.

Request for sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=34980818

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/cooling-fabrics-market-34980818.html