Launch Of New Products and Business Collaboration Define the Future of Hybrid Fabrics

Hybrid fabrics use more than one type of structural fabric and have better mechanical properties, less declamation, higher tensile strength, and are extremely drapable. This kind of fabric has a wide range of applications in several industries including aerospace, construction, and automotive.  

The growing awareness of environmental damage caused by synthetic fabric and rigorous laws against synthetic fabrics have propelled the hybrid fabric market. Moreover, the hybrid fabric is favored by the government of several countries, which has boosted its demand over the last few years.

In various industries, hybrid fabrics are used as basic raw materials. For instance, the lander beam which is used in rockets is made up of carbon-based layers of graphite fabrics, which are lighter than aluminum and are more rigid than steel. As hybrid fabrics can reduce the overall product weight while outperforming other metallic elements and fabrics in terms of strength. The use of hybrid fabric improves fuel efficiency and satisfies the demand for increased speed. According to a report of Allied Market Research, the hybrid fabrics market is expected to reach $418 million by 2027, growing at a CAGR of 9.0% from 2020 to 2027. 

Future of Hybrid Fabrics:

The hybrid fabric market is gaining popularity because of shifting public perceptions and government regulations. They have a wide range of uses in the automotive and transportation industries as they present a cost-effective and lightweight solution. A crucial element aiding market expansion in the automotive and transportation sector is the increased focus on massive vehicle production. On the other hand, the rise in demand for hybrid fabrics can be attributed to growing needs from businesses such as automobiles and transportation, wind energy, sports, and leisure.

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Product and deal launch:

To meet the growing demand for hybrid fabric from various end-use sectors, the leading companies have chosen various strategies such as new product development and merger & acquisitions. Exel Composites, a Finnish technology company that specializes in composite tubes and sports equipment, recently acquired Diversified Structural Composites (US), a hybrid fabric manufacturer. This acquisition benefits not only existing consumers but also new customers, as it opens new avenues to local markets. Moreover, it allows long and short distances.

Aside from that, the hybrid fabrics industry has seen a slew of new product introductions. Kordcarbon, a leading manufacturer and vendor of carbon and hybrid fabrics, has introduced a new hybrid fabric called CK 164 GSM Plain, which can be used in high-end marine vessels and aviation components. In addition, it is ideal for shipbuilders as it eliminates waste, is lightweight, and has high thermal and electrical conductivity.

The rapid product launch of novel products and collaboration of companies have opened lucrative opportunities in the hybrid fabric industry. The demand for hybrid fabrics has increased automotive and transportation sector, aerospace, and military industry, and sports and recreation industry. In the future, the demand for eco-friendly and cost-effective fabrics would witness increased demand, making the future of the hybrid fabrics industry very promising.

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