Other textile product mills market includes
textile bags and canvas mills, rope, cordage, twine, tire cord, tire fabric
mills and other miscellaneous textile.
The global other textile product mills
market was valued at $67 billion in 2017. Among regional markets, Asia Pacific
was the largest geographic region accounting for more than three-fifth of the
global market. The market saw a growth as the industry is shifting from
traditional tire cord materials like polyester and nylon to bio-based and other
environmentally sustainable materials. The emergence of bio-based and other
environmentally sustainable materials will also create opportunities for growth
in the countries which have stringent environmental protection regulations like
Europe.
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China was the largest country accounting
for more than two-fifth of the global other textile product mills market. This
is partially due to high presence of fabrics and apparel manufacturing
facilities in China, which consume textiles as raw materials. China was
followed by the USA and India as the next largest countries in the market.
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