Other Textile Product Mills include 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 $66.8 billion in 2017. Asia Pacific was the largest geographic region accounting for $47.4 billion or 71% of the global market. China was the largest country accounting for $28.2 billion or 42.3% of the global other textile product mills market.
The other textile product mills industry is shifting from traditional tire cord materials like polyester and nylon to bio-based and other environmentally sustainable materials. One such bio-based material is Lyocell Tire Cord made with cellulose extracted from wood. 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.
Market Segments Included: Other Textile Product Mills
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