GRA countries represent $73 billion in combined rental revenue.
New digital manufacturing solutions at industrial print show from April 8-10.
Focus on completing talks ahead of an April 2014 visit by President Obama.
Two University of St. Thomas students fight pediatric cancer with a new strategy.
Unique shade installation with fabric panels that twist.
With the current consumer demand for performance, how are fabrics tested, and who does the testing?
A pavilion is born by harnessing the immediacy of communication in the digital age.
The renovation of a tropical greenhouse resembling a snail's shell.
Federal government commitment to a skilled workforce; U.S. exports reach record levels.
New flame-resistant garment combines safety and comfort.
Satellite will survey 1 percent of the 100 billion stars in our galaxy.
Production plants now have the option to be independently evaluated and certified
Companies collaborate to upcycle used vinyl banners into unique bags and other products.
Copper-based fabric finish absorbs and eliminates viruses.
Research team creates material that moves quickly in response to light.
In an IFAI business climate survey, three factors constraining growth in the U.S. specialty fabrics market were mentioned: high raw material costs, overseas competition, and high oil/energy prices. From September –December 2008, high raw material and petroleum-related prices were exacerbated by tighter credit markets and record unemployment.
Survey respondents reported some positive factors: increasing market share due to increased consolidation, greater export opportunities, and development of new technology and growth in eco-friendly green markets. Growth markets include medical textiles, military applications, safety and protective products, and the domestic and international use of geosynthetics.
Increases in raw material and energy costs, increased labor costs and medical insurance premiums and the possible long-term shrinkage of the military market were mentioned as threats to growth. The poor economy means a weak U.S. dollar, tighter credit and reduced consumer buying. Overcapacity could be a problem, due to increased costs, decreased customer demand and global competition, especially from China and India.
In response, suppliers will focus on high value products, profitable niche markets and product diversification, improving manufacturing processes, R&D and information technology. Advertising, marketing and sales promotion will be key.
From the 2009 State of the Industry Report. Purchase a complete report at the IFAI Bookstore.