Technical textiles including all kinds of industrial fabrics and nonwovens consumption of China in 2000-2006 average upside 18%,2007-2015 up to 10%, The demand of CTT is expected to 100 million tons in 2018. Nonwovens in China consumption growth rate of 11% is absolutely possible .
The 13th Five Year Plan clearly lays stress on strengthening the technical textiles industry research, and improving technological progress and innovation.Enterprises need to increase innovation and constantly overcome technical bottlenecks for improving product quality and production efficiency in order to ensure future growth of the industrial textiles industry.In future, technical textiles sector in China is likely to show healthy, green and rapid development. Graphene is found the most thin material in the world, worldwide in solar cells, sensor, nanoelectronics, electronics, composites, emission materials, gas sensors and energy storage, at present in China cities as Ningbo, Changzhou, Tangshan already had some graphene production and construction projects,they are Morsh Ningbo,Tanyuantech and Jianhua Group.Changzhou Tanyuantech focus on electronic products of heat dissipation overall solution support.
Despite the Chinese textile industry showing slow growth rate due to weak recovery in major economies abroad, the technical textiles segment turned out to be the fastest growing in 2017, mainly because of the policy support for the use of technical textiles in national infrastructure building, environmental management, health care and other sectors.The Textiles Industry data from the National Bureau of Statistics shows that from January to August 2017, the growth rate of technical textiles was 13.7 percent, about 4.5 percent higher than the growth rate of the entire textile industry.
However, the profit margin of technical textiles segment was only marginally higher at 4.7 percent than the textile industry average of 4.6 percent.From January to August 2017, the total exports of all types of technical textiles were valued at US$ 42.86 billion, up 5.1 percent year-on-year.During the eight-month period, the industry invested 26.92 billion yuan in fixed assets, upto 10.55 percent year-on-year, which includes investment for 447 new projects, an increase of 9.91 percent year-on-year.At present, CTT industry is in good shape, but because the industry started late there is still a gap compared with the developed countries.