Tx 6a832d2be493be9ed0797543a27fa12f86daaee9@30971548

Included in block 30,971,548 at 2019-03-08 11:01:21 (UTC)


Raw transaction

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expiration2019-03-08 11:11:18
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parent_author""
parent_permlinkmachinery
authorchrisfernandes
permlinkcircular-knitting-machine-market-potential-growth-top-manufacturer-analysis-and-forecast-to-2022
title"Circular Knitting Machine Market Potential Growth, Top Manufacturer Analysis and Forecast to 2022"
body"**08th March 2019** – The global **Circular Knitting Machine Market** is expected to display higher growth rate over the next seven years due to the use of circular knitting machine for production of protective wear, sportswear, shapewear, casuals, and winter wear. Increasing preference towards circular knitting machines over traditional devices for bulk manufacturing of large diameter fabrics is expected to boost market demand in the upcoming years.
Use of circular knitting machine for production of circular knit beds is propelling market growth as well, in the recent years. Globally, the market is predicted to generate massive revenue over next seven years, providing numerous opportunities for market players to invest for research and development in the circular knitting machine market.
**Access Circular Knitting Machine Market Report with TOC @ [https://www.millioninsights.com/industry-reports/circular-knitting-machine-market](https://www.millioninsights.com/industry-reports/circular-knitting-machine-market?utm_source=Steemit&utm_medium=Referral&utm_campaign=Nikhilk_08Mar19)**
Circular knitting machine are increasingly used for production of technical textiles, which are used in various end-user industries. Different types of fabrics are manufactured with help of technical textile fabrics, which are manufactured the circular knitting machines. Increasing demand for circular knitting machine from apparel manufacturers to produce complex & tailor-made fabrics with diverse knitting construction patterns is expected to play major contributing factor for industry expansion over the forecast period. Development of cost-effective circular knitting machine by industry participants with high performance capabilities are expected to favor market growth in the recent years. In addition, presence of vast number of Omni-channels for distribution network is expected to passively influence market growth.
The circular knitting machines are typically used to produce 2-sided fabrics, fleece, blister, interlock, rib, jacquard, mattress ticking, needle set-out, plated plush, transfer technique, waffle etc. Use of dyed and raw yarns as base materials is predicted to offer numerous growth opportunities for local manufactures over the next seven years.
The market is broadly categorized into six major segments based on the application type such as automotive fabrics, home textiles, medical textiles, sports & leisurewear, swimwear and technical textiles. The automotive fabrics is considered as one of the fastest growing segment in the with substantial revenue generation in the last few years. Growing popularity of sports & leisurewear segment is attributed to the higher market penetration and increasing disposable income in both developing & developed economies across the globe.
**Key Vendors**
• Aotu Precision Machine
• Fukuhara
• Lonati
• Mayer & Cie
• Pailung
• Quanzhou Baiyuan
• San Da
• Terrot
**Key Applications**
• Apparel
• Home Textiles
• Industrial
**Request a Sample Copy of Circular Knitting Machine Market Report @ [https://www.millioninsights.com/industry-reports/circular-knitting-machine-market/request-sample](https://www.millioninsights.com/industry-reports/circular-knitting-machine-market/request-sample?utm_source=Steemit&utm_medium=Referral&utm_campaign=Nikhilk_08Mar19)**
**Key Questions Answered in this Report**
• What will the market size be in 2023?
• What are the key factors driving the global Circular Knitting Machine market?
• What are the challenges to market growth?
• Who are the key players in the Circular Knitting Machine market?
• What are the market opportunities and threats faced by the key players?
Geographically, market is segmented as North America, Latin America, Europe, Asia Pacific and Middle East & Africa. North America is expected to dominate the market owing to increasing healthcare facilities and increasing rate of medical development. Other factors for the dominance are increasing investment and large number of manufacturers in the region."
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