Beside Italy, we have production facilities in China, Indonesia, USA and Turkey. We provide support to our customers from these places. A significant part of our TCL business comes from China and USA and now, we have started to approach intensively the ASEAN area with a direct support from Indonesia.
There are plenty of new ideas in the market for many application fields. In our opinion, Mobiltech is and will be one of the biggest centers of innovative application for car weight reduction; new laminates for upholstery and car carpets; better fabrics for safety belt, airbags, etc. In Geotech/Agrotech, the key innovation will emerge in the erosion prevention & paving way for deforestation and also for protection of road constructions etc.
That is for sure China followed by India, Vietnam and other countries in the ASEAN area. Brazil would be a very interesting market for technical textiles, mainly because of the fast growing population and growing incomes in those countries. An increase in population needs more mobility like cars, airplanes and public transportation and as we know the Mobiltech sector with a more than 20% share, is the biggest segment in the technical textiles area. A rise in population also means more requests for clean water (filtration systems) and higher consumption of food (agrotech and geotech fabrics). A fast growing industrial sector also requires protective clothing. Due to the fact that China is getting more and more expensive (energy and manpower cost), some companies are already exploring the possibility to produce their technical textiles in other countries and ASEAN countries are the answer.
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