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List of Profitable Manufacturing Business Ideas in Technical Textiles Industry.

Thursday, March 22, 2018

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List of Profitable Manufacturing Business Ideas in Technical Textiles Industry.

(Agrotech (Agro-Textiles), Buildtech (Construction Textiles), Clothtech (Clothing Textiles), Geotech (Geo-Textiles), Hometech (Domestic Textiles), Indutech (Industrial Textiles), Lifting Textiles, Mobiltech (Textiles Used in Transport; Automotive and Aerospace), Oekotech or Ecotech (Ecological Protection Textile), Packtech (Packaging Textiles), Protech (Protective Textiles), Sportech (Sports Textiles)

 

Technical textiles are high performance textiles that require special functionality. The market of technical textiles is significant and expanding as the products are being put to an ever-increasing number of end uses in various industries such as agriculture, clothing, construction, health care, transportation, packaging, sports, environmental protection, protective wear, and many more.

Technical textiles are defined as textile materials and products used primarily for their technical performance and functional properties rather than their aesthetic or decorative characteristics.

In the present scenario, technical textiles has been identified as a great potential area for upgrading the Indian textile industry. Since the conventional textiles industry has reached a level of saturation in terms of development, innovation and value-addition.

India is developing as a significant player in technical textiles. The rapid economic growth leading to higher disposable income as well as infrastructure development has made India a vital market for the technical textile products. Additionally, the country has established a foothold in the manufacture of technical textiles owing to its technological and skilled manpower as well as rising availability of raw material.

Tamil Nadu is also a fast growing epicenter of technical textiles in the India. It is one of the foremost producers of medical technical textiles, nonwovens, sport technical textiles, and geotextiles. The state’s investor-friendly environment has enabled the development of textile parks dedicated exclusively to technical textiles.

The growth of technical textiles will also lead to steep rise in the demand for highly skilled manpower for both production & R&D. This should throw open a new area that has tremendous opportunities of employment, which is a major focus of the national government today.

The country’s technical textile market has huge growth potential and it is expected to grow at 12 per cent per annum to reach $23 billion (Rs 1, 50,000 crore) in 2020. “Technical textile offers immense potential and has been termed as a sunrise industry in India. With sufficient investments into the technology, the industry would grow exponentially.

India’s textiles sector is also one of the largest contributing sectors of India’s exports contributing 14 per cent to the country’s total exports basket. The country’s textiles market stands at USD 150 billion and it is expected to touch USD 250 billion by 2020.

The textile industry employs about 51 million people directly and 68 million people indirectly as India has overtaken Italy and Germany to emerge as the world’s second largest textile exporter.

Technical textile is a future as it exists in every aspect of our life but this needs better productivity, better technology and better durability. In India, technical textiles is expected to attract lot of investment opportunities. The government is also offering 15 per cent subsidy for domestic players, who want to set up machinery. In the last five years period the growth has been 12.4 per cent CAGR.

India is expected to play a key role in shaping the future technical textiles market with consumers spending more on home textile, sportswear products, and medical products. In fact, technical textiles provides new opportunity to the Indian textile industry to have long term sustainable future. Despite achieving high growth rate, the per capita consumption of technical textiles in India is 1.7 per kg vis-a-vis 10-12 kg in developed countries. Globally, the technical textiles contribute to about 29 per cent of textile industry

Technical Textiles have a significant part of growth in world textiles. It represents about 31% of the total Textile Production.

Other terms used for defining technical textiles include industrial textiles, functional textiles, performance textiles, engineering textiles, invisible textiles and hi-tech textiles.

Global Demand and Growth

The global demand for a variety of technical textiles has continuously increased as a result of their rising base of applications in end‐use industries.

Major end‐use industries are automotive, construction, healthcare, protective clothing, agriculture, sports equipment/sportswear and environmental protection. Increased demand for technical textiles will be seen in both the developed and developing parts of the world.

The global technical textile market is geographically segmented into five key regions: North America, Latin America, Eastern and Western Europe, Asia Pacific, and Africa and Middle East.

Growth Drivers - Key factors defining potential opportunities for Technical Textiles in India:

·         Growing domestic consumption & Enhanced requirement from institutions

·         Promising export potential

·         Changing regulations & industry norms

·         Re-alignments  of Global Supply chain & multi country trade partnerships

·         Rising incomes and an increasing standard of living along with advances in medical technology,

·         Expanding construction sectors,

·         An awareness of safety and environmentalism and

·         Increased spending on healthcare.

Development and industrialization are the main drivers for the demand for technical textile products in a country. In 2015, the global technical textile market was valued at around $153 billion. On the back of strong demand, the global technical textile market is estimated to reach $194 billion by 2020, with global consumption expected to surpass 40 million tons.

 

Following are the Best Businesses You Can Start

SURGICAL COTTON

Surgical cotton is also known as absorbent cotton or cotton wool. It is mainly used for medical purposes in hospitals, nursing homes, dispensaries at home (for first aid) etc. because of its high fluid absorbency. It is better known among masses as absorbent cotton. Read more

DISPOSABLE BABY DIAPER

Baby diapers are recently introduced in India but it is becoming popular in India since last two decades and it has become a general necessity for newly born or pretty young child care taking. They are made of clean cotton lap and tissue paper medium that does not have an unpleasant odor when wet or dry. Read more

SURGICAL SUTURES MATERIALS (SURGICAL GUT, POLYGLACTIN, POLYGLYCOLIC ACID, POLIGLECAPRONE, POLYDIOXANONE, NYLON, POLYPROPYLENE, POLYESTER)

General classification of sutures includes natural and synthetic, absorbable and non-absorbable and monofilament and multifilament. Natural materials are more traditional and are still used in suturing today. Synthetic materials cause less reaction and the resultant inflammatory reaction around the suture materials is minimized. Read more

HD AND PP WOVEN SACKS BY CIRCULAR & PLAIN LOOMS WITH LAMINATION & PRINTING

Packaging is both a symbol of society consumption habits and reflection of its progress. The user experts it to have better strength, easier handling, to be lighter, more aesthetic, safer from a hygiene point of view, etc. In addition to its standard attributes, todays packaging just also contributes to protecting the environment, Read more

JUTE YARN, JUTE SUTLI & HESSIAN CLOTH WEAVING INTEGRATED UNIT

Jute Follows cotton in world textiles consumption. It is used in the United States chiefly in a floor covering, wrapping & industrial fabrics rather than in clothing textiles. Jute twine of different qualities and thickness are used extensively in India and Abroad. Three classes of twine are made viz. Read more

HDPE WOVEN SACKS

Woven sacks as a packaging medium is well established for bulk storing / transportation of dry products like grains, pulses, cereals, flour, sugar and cement. The most common material used for making of sacks is jute but cotton is also used to some extent. Different countries use different materials for woven sacks. Read more

NON WOVEN FABRIC

Non Woven fabric is a fabric like material made from long fibres, bonded together by chemical, mechanical, heat or solvent treatment. The term is used in the textile manufacturing industry to denote fabrics, such as felt, which are neither woven nor knitted. Read more

NON WOVEN FABRIC BAG (STITCHING)

Non woven bags are made of a sheet of fibers and continuous filaments or chopped yarns of any nature or origin, that have been formed into a web by any means with the exception of weaving or knitting. There are various kinds of non woven bags such as non woven rice bag, carry bag, catering bag, Read more

PP WOVEN BAGS (FOR CEMENT PACKING)

PP woven sacks laminated with PP liner have wider applications. PP woven sacks are much stronger & can withstand much higher impact loads because of PP strips elongation at break is about 15 to 25% as compared to 30% of Jute. These sacks are much cleaner & resist fungal attack. Read more

POLYETHYLENE TARPAULINS

High-density polyethylene oriented tarpaulins are becoming increasingly popular all over the world. Tarpaulin is used for water proofing for protection of food grains and other materials which are stored in bulk. This is because they are chemically inert and are water repellent and lighter in weight. Read more

IMPLANTABLE SURGICAL SUTURE (BIOMEDICAL TEXTILE)

A fibrous protein comprising most of the white fibre in the connective tissue of animals and man, especially in the skin muscles and tendous. The most abundant proline is the animal kingdom, it is rich in proline and hydroxyproline collagen is found in connective tissue and also in bones. Read more

SURGICAL COTTON & BANDAGES (EOU)

Surgical cotton Industry is mainly limited to small and cottage scale units. Bengal chemical & pharmaceutical works Ltd. is the key manufacture of surgical cotton and Bandages. Read more

JUTE TWINE (JUTE ROPE) & GUNNY BAG FROM RAW JUTE

Jute fibre is obtained from the plants of corchorus spp. It is principally used in the manufacture of hesian, sacking cloths, bags, ropes, cords, handicrafts and miscellaneous fabrics. India is the largest producer of jute. In fact, India combined with Bangladesh produce 90% of the jute of the world. Read more

BLACK BRAIDED SILK SURGICAL SUTURE

There are so many fibers available which has property of non absorbing among those fibers are nylon, Terelene, Polyester etc. are synthetic fiber and silk is one of the natural fibres which has no side effect on the body and costly items. Black braided silk surgical Suture is used in the hospital, Read more

SURGICAL GLOVES

The powder-free and synthetic disposable latex gloves market is anticipated to thrive in the next three to five years due to increased healthcare spending and greater number of people being covered by insurance. The global market for disposable medical gloves generated $3 billion revenues in 2011. Read more

PVC FLEX BANNER

PVC flex is made out of PVC and fabric raw material, specially designed for solvent printing industry. It is suitable for indoor and outdoor printing used in billboard, display, banners and exhibition booth decoration. PVC Flex is best to all Digital printer specially designed for Indian market. Read more

CONVEYOR BELTING

Rubber belting are mainly used for two purposes namely, conveying and transmission. Conveyor belts are used for conveying various items such as coal, ash, ore, grain, sand, packed goods and other industrial inputs and outputs. They are used in elevators also employed for lifting the passengers at railway stations and airport etc. Read more

JUTE SHOPPING BAGS

There is variety of shopping bags available in India and throughout the world. Shopping bags available in India made by paper, jute, synthetic resin base bags, leather bags etc. Jute is ecofriendly product. Jute fiber largely used for making jute base product “Carpet, Bags, Shopping Bags, School Bags etc. Read more

GEOTEXTILES FOR ROAD AND CONSTRUCTION

Geotextiles is defined as permeable textile materials used in contact with soil, rock, earth or any other geotechnical related material as an integral part of civil engineering project, structure, or system. Geotextiles have proven to be among the most versatile and cost-effective ground modification materials. Read more

SEWING THREAD REELS

Sewing thread is a common household item and is the prime material for stitching purpose. Capren and lavsan used for the manufacture of sewing threads exhibit high chemical & physical properties. Now polypropylene yarns have replaced polyester threads. Read more

AUTOMATIC FAN BELTS

India is one of the leading countries for rubber products. Fan belts are essentially used in automobile sector to transmit the power from one pulley to another pulley. The belt which transmits power is called power transmission belt. The production of fan belts started in India since long back. Read more

SANITARY NAPKINS

Sanitary Napkins is one of the item of non-woven textile. It may come under speciality textile group. According to industry observers, India’s health care industry is expected to grow around 13 % per annum. The product has very good export potentiality. Read more

MATTRESSES BEDDING

Mattresses or bedding are one of the most useful articles in our modern life. It is largely used in the domestic, commercial and industrial area in all atmosphere. It can be manufactured by using cotton, silk fibre, coconut fibre etc. There is plenty of availability of raw material in India. Read more

 

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