TORAY INDUSTRIES, INC., Clariant and HYOSUNG are Dominating the Global Waterproof Breathable Textiles (WBT) Market in 2019

Global Waterproof Breathable Textiles (WBT) Market is expected to grow with the CAGR of 6.2% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Global waterproof breathable textiles (WBT) market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to the favourable market scenario.

The major players dealing in global waterproof breathable textiles (WBT) market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, In January 2020, HYOSUNG expanded business by increasing the company’s presence in European electric power market. The expansion helps in maximising the customer base of the company which generates revenue of the business.

TORAY INDUSTRIES, INC. is the dominating player in global waterproof breathable textiles (WBT) market. The other key players existing in the market includes Clariant, HYOSUNG, Megaprima Taiwan International Co., Ltd, Suzhou Jingang Textile Co., Ltd, Tanatex Chemicals B.V, schoeller Switzerland, W. L. Gore & Associates, Inc., Carrington Textiles Ltd , Wujiang  Sunfeng Textile Co., Ltd, Spring Home Textile, Mountain Hardwear, Henderson Textiles, GTUT (Taiwan Dyeing & Fabric Co., Ltd.),  Polartec, LLC,  Hitex Prosperity Co., Ltd, Lean Textile Co, SUZHOU ZONGLI TEXTILE CO., LTD, Sympatex Technologies GmbH and Marmot Mountain LLC.

Waterproof Breathable TextilesTORAY INDUSTRIES, INC.

TORAY INDUSTRIES, INC., headquartered in Suzhou, China which was founded in 2002. The company is engaged in the manufacturing of innovative as well as outdoor functional and breathable fabrics. The company offers various products such as breathable outdoor fabric, water repellent outdoor fabric, soft nylon fabric and the market focused product is breathable outdoor fabric and oxford fabric waterproof.

For instance,

  • In January 2020, TORAY INDUSTRIES, INC. entered into the acquisition with Alva Sweden AB which is manufacturer of automotive airbags system and cushions. The acquisition helps in increasing the customer base which generates revenue of the business.

The company has wide global presence across the globe such as North America, South America, Europe, Asia-Pacific, Middle East and Africa.

Clariant

Clariant is headquartered in Muttenz, Switzerland and it was founded in year 1995. The company is engaged in the manufacturing of innovative solutions which are energy efficient. The company offers various business segments such as natural resources, core chemicals, catalysis and out of this the focus segment is core chemicals. The company offers wide range of product categories such as new businesses, additives, catalysts, functional minerals, industrial & consumer specialists, master batches, oil & mining services, pigments under which additives is market focused category.

For instance,

  • In March 2020, Clariant collaborated with Floreon with the aim to expand the high-performance biopolymer applications. The collaborations help in increasing customer base and generate the revenue of the business.

The company has presence in Europe, Asia-Pacific, North America, Latin America, MEA with its various subsidiaries such Clariant Chemicals (China) Ltd., Clariant (Thailand) Ltd., Clariant Masterbatches (Deutschland) GmbH, Clariant Catalysts (Japan) K.K and among others.

HYOSUNG

HYOSUNG is headquartered in Seoul, South Korea and it was founded in the year 1966. The company is engaged in manufacturing of high quality and innovative solutions which has wide range of application in textile industry. The company offers various products such as Textile/ Trading, Power & Industrial Systems/ Construction and many others among which Textile/ Trading is market focused segment.

For Instance,

  • In January 2020, HYOSUNG expanded the business by increasing the company’s presence in European electric power market. The expansion helps in increasing the customer base of the company which generates revenue of the business.

The company has wide global presence in Asia, Europe, South Africa, North America, Central and South America. In addition to it, the company also generates its revenue from the various subsidiary companies such as HYOSUNG USA Inc. (U.S.), GST Global GmbH (U.S) and among others.