Technology

Water Repellant for Textile Market Size to Grow USD 1153.4 Million by 2030 at a CAGR of 6.4% | Valuates Reports

Published

1 day ago

September 25, 2024

BANGALORE, India, Sept. 25, 2024 /PRNewswire/ — Water Repellant for Textile Market is Segmented by Type (Fluorine Water Repellent, Fluorine-free Water Repellent), by Application (Apparel, Swimwear and Intimates, Technical Fabrics, Protective Wear, Home Textiles): Global Opportunity Analysis and Industry Forecast, 2024-2030.

The Global Water Repellant for Textile Market was valued at USD 736.1 Million in 2023 and is anticipated to reach USD 1153.4 Million by 2030, witnessing a CAGR of 6.4% during the forecast period 2024-2030.

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Major Trends:

The Water Repellent for Textile Market has seen significant growth due to the rising demand for durable and high-performance textiles across various industries such as apparel, outdoor gear, and home furnishings. The market is driven by an increasing preference for water-resistant fabrics in the fashion and sports industries, where functionality and comfort are essential. Sustainable innovations, like eco-friendly repellents that avoid harmful chemicals such as PFCs, are shaping the market landscape, aligning with the broader trend of environmental awareness. Furthermore, the global push for enhanced fabric performance in extreme weather conditions is fueling demand.

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TRENDS INFLUENCING THE GROWTH OF THE GLOBAL WATER REPELLANT FOR TEXTILE MARKET:

Fluorine-based water repellents play a critical role in the growth of the water repellent textile market due to their superior hydrophobic properties. These chemicals form an invisible shield on fabric surfaces, effectively repelling water while maintaining breathability and softness. With increased consumer demand for performance fabrics, particularly in outdoor and activewear segments, fluorine water repellents offer long-lasting protection against moisture without altering the texture. This is particularly crucial for high-performance fabrics used in technical and outdoor applications, driving the market demand for fluorine-based water repellents.

The apparel sector is a major driver of the water repellent textile market, with growing demand for water-resistant clothing. Consumers increasingly prefer functional and versatile clothing, especially in outdoor, sports, and activewear segments, which require fabrics that can withstand moisture while providing comfort. Water-repellent coatings make garments more durable and adaptable to changing weather conditions, enhancing their appeal.

The growing focus on sustainability has also led to innovations in eco-friendly water repellents, driving their adoption in everyday and high-end fashion, boosting the market’s overall growth. Technical fabrics, including those used in medical, industrial, and protective clothing, are crucial for the growth of the water repellent textile market. These fabrics require enhanced water-repellent capabilities to maintain their functionality in demanding environments. For instance, medical textiles need to be water-resistant to prevent contamination, while industrial workwear benefits from water repellents to enhance durability and safety. The increased need for such fabrics in various sectors is driving the adoption of advanced water repellent coatings, which enhance the performance of textiles in harsh conditions, thereby contributing to market growth.

The rapid expansion of the outdoor and activewear industry is a key factor influencing the water repellent textile market. Outdoor activities such as hiking, camping, and skiing require clothing that can withstand adverse weather conditions, and water-repellent fabrics play a vital role in this. As more consumers participate in outdoor sports and adventures, demand for high-performance water-resistant textiles continues to surge. Additionally, the rising interest in athleisure and multifunctional fashion further boosts the adoption of water-repellent coatings in apparel.

The boom in e-commerce and online retail has provided a significant boost to the water-repellent textile market. Consumers now have easier access to performance fabrics, and manufacturers are increasingly using digital platforms to showcase their water-repellent clothing and textiles. The convenience of online shopping, coupled with the ability to compare products and read reviews, has increased consumer confidence in purchasing high-quality, functional textiles. This trend is particularly pronounced in the apparel sector, where water-repellent clothing is becoming a sought-after feature.

Advancements in coating techniques have significantly contributed to the growth of the water-repellent textile market. Innovations such as nanotechnology-based coatings have improved the durability and effectiveness of water-repellent treatments. These coatings provide superior protection against water without affecting the fabric’s natural properties, such as softness and breathability. As manufacturers continue to adopt new coating technologies, the range of applications for water-repellent textiles is expanding, driving further growth in the market.

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WATER REPELLANT FOR TEXTILE MARKET SHARE ANALYSIS

The global water-repellent textile market shows strong regional variation, with Asia-Pacific emerging as a key growth area due to its large textile manufacturing base and growing demand for performance fabrics. Countries like China, India, and Bangladesh are major textile producers, driving demand for water-repellent coatings in both apparel and technical fabrics. North America and Europe, with their emphasis on sustainability and high-performance textiles, also represent significant markets, particularly in outdoor wear and home textiles. The Middle East and Africa are seeing growth in technical and industrial fabrics, boosting regional demand.

Key Companies:

HuntsmanAGCChermousArchromaDymaticZhejiang Transfar ChemicalsRudolf GmbHDyStarTaiwanfluoroTanatex ChemicalsZschimmer & SchwarzFibrochem Advanced Materials (Shanghai) CoHeiqEvonikSarexGo Yen ChemicalPulcra Chemicals GmbHORCOZhejiang KefengZhuhai Huada WholeWin ChemicalZhejiang WellwinLeMan PolymerLiansheng ChemistryDaikinNICCA

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MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

– The global Fluorine-free Water Repellent market was valued at USD 353 Million in 2023 and is anticipated to reach USD 538 Million by 2030, witnessing a CAGR of 6.2% during the forecast period 2024-2030.

– Water Repellent Fabrics Market

– The global Durable Water Repellent (DWR) market was valued at USD 701.1 Million in 2023 and is anticipated to reach USD 1088.9 Million by 2030, witnessing a CAGR of 6.2% during the forecast period 2024-2030.

– Super Hydrophobic Water Repellent Coating Market

– Gypsum Use Silicone Water Repellent Market

– Fabric Waterproof Spray Market

– Wax Water Repellents Market

– Sneakers Waterproof Spray Market

– Weatherproof and Waterproof Label Market

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Technology

RockItCoin Launches Operations in Australia, Expanding Global Footprint

Published

58 mins ago

September 27, 2024

SYDNEY, Sept. 27, 2024 /PRNewswire/ — Leading Bitcoin ATM operator and fintech company RockItCoin is expanding its global footprint with its launch in Australia. This strategic rollout will place RockItCoin Bitcoin ATMs in high-traffic areas across the country, offering both locals and visitors convenient access to cryptocurrency transactions.

With a strong track record in the U.S. and worldwide, RockItCoin is meeting the rising demand for fast, secure, and convenient cryptocurrency access. This latest expansion reinforces the company’s commitment to making crypto more accessible to all, no matter where they are in the world.

“We’re incredibly excited to bring RockItCoin to Australia, a market that’s primed for growth in the digital currency space,” said Michael Dalesandro, CEO of RockItCoin. “Our mission is to provide simple, secure solutions for anyone looking to buy or sell cryptocurrency, and Australia is a key part of our ongoing international expansion.”

By placing these new ATMs, RockItCoin will provide everyday Australians with a reliable and efficient way to engage with the growing cryptocurrency ecosystem. As one of the fastest-growing digital financial service providers, RockItCoin continues to deliver on its promise of making cryptocurrency easy to access worldwide.

About RockItCoin

Founded in 2015 by Michael Dalesandro, RockItCoin is a crypto blockchain company and Inc. 5000 honoree based in the United States and headquartered in Chicago, IL. RockItCoin has a nationwide network of crypto ATMs with over 2,000 locations in 48 States and 16,000 retail deposit locations, providing consumers with the safest and fastest way to buy or sell cryptocurrencies. For more information, please visit https://www.rockitcoin.com and join the conversation on Facebook, X (formerly Twitter), Instagram, and LinkedIn.

CONTACT:
Jarryd Baynes
jarryd@rockitcoin.com

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SOURCE RockItCoin

Technology

Relativity Spotlights Legal Industry Leaders at the 2024 Innovation Awards

Published

2 hours ago

September 26, 2024

Relativity’s annual Innovation Awards recognize the change agents of its user community

CHICAGO, Sept. 26, 2024 /CNW/ — Relativity, a global legal technology company, today announced the winners of this year’s Innovation Awards at Relativity Fest. The Innovation Awards celebrate the trailblazing individuals and teams building custom solutions, empowering their peers and forging new paths to improve the legal industry and its communities.

“Another year of the Innovation Awards signals another opportunity to celebrate our community’s dedication to making a positive impact– whether that be through developing new solutions, providing excellent customer service, or elevating and advocating for their peers in the legal industry,” said Laurie Usewicz, Chief Partner Officer at Relativity. “This year’s winners exemplify the impassioned and innovative spirit that makes the future of our industry a bright one.”

The winners hail from, or work directly with law firms, financial institutions and consultant management companies large and small, private and public. Through a combined process of a judging committee and a community vote, Best Innovation winners are selected based on how they’ve leveraged the Relativity application programming interfaces in creative ways to solve Relativity’s customers’ most unique challenges.

In addition to the standard six individual and two Best Innovation awards, a new Best Innovation category was added for this year, Developer Partner. This award recognizes solutions created by Relativity’s independent software vendor (ISV) community that are offered directly to customers. Eligibility is restricted to solutions that are not owned by an Enterprise or Solution, Advisor, or Provider Partner.

The 2024 Innovation Awards winners are:

Artificial Intelligence: Ben Sexton, Vice President, JND eDiscoveryCustomer Experience: Jenna Rooney, Director, Client Services, Arete Incident ResponseEducation & Mentorship: Deedra Smith, Managing Director, FTI ConsultingInclusion: Vazantha Meyers, Vice President, Discovery Services, Haystack IDSecurity: Jenna Rooney, Director, Client Services, Arete Incident Response Stellar Women: Stephanie L. Goutos, Lead Practice Innovation Attorney, Gunderson DettmerBest Innovation: Developer Partner: Redaction Suggestions in Blackout by MilyliBest Innovation: Enterprise: Flywheel by Troutman Pepper eMergeBest Innovation: Partner: GenAI Toolbox by EY Switzerland

Each of the award winners above exemplify what it means to be a changemaker at the individual, organizational and industry levels. All award winners are determined by a combination of Relativity judging committees unique to each category and a community vote.

Relativity congratulates all submissions for the innovative work delivered this past year.

About Relativity
Relativity makes software to help users organize data, discover the truth and act on it. Its SaaS product, RelativityOne, manages large volumes of data and quickly identifies key issues during litigation and internal investigations. Relativity has more than 300,000 users in approximately 40 countries serving thousands of organizations globally primarily in legal, financial services and government sectors, including the U.S. Department of Justice and 198 of the Am Law 200. Please contact Relativity at sales@relativity.com or visit www.relativity.com for more information.

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SOURCE Relativity

Technology

UniFab Launches Anime AI Model: Empowering Anime Content Creation

Published

2 hours ago

September 26, 2024

HONG KONG, Sept. 27, 2024 /PRNewswire/ — UniFab, a global leader in intelligent video editing, officially launches its latest anime AI model, designed to enhance anime video quality and redefine the anime content creation process.

The UniFab anime AI model leverages advanced deep learning and computer vision to automatically recognize and optimize uploaded materials, producing smooth, high-quality animations. It enables users to easily enhance old, low-resolution anime videos, offering a revolutionary solution for content creators and fans.

Key Features:

Quality Enhancement: Supports upgrades video resolution to 1080P and 4K, significantly enhancing clarity and detail.

Colorization and Detail Restoration: Enhances line definition, texture clarity, and color accuracy, restoring artistic styles and character details with precision.

Effortless Operation: The user interface is intuitive, and the operation process is straightforward. Users can simply upload videos and follow a few steps.

Multi-Function Video Editing: Offers editing features such as trimming, merging, and audio processing, enabling users to easily create personalized video content.

The UniFab anime AI simplifies the traditionally complex enhancement process, enabling both beginners and experienced professionals to quickly create stunning works with this innovative tool. This AI model is now officially available, further strengthening UniFab’s leadership in content creation technology.

About UniFab

This AI video enhancer software features a comprehensive suite of AI-powered tools for video and audio editing, delivering versatile capabilities and outstanding results in quality enhancement.

Video Upscaler AI: Boosts video resolution to 4K, restoring details for a clearer viewing experience.

HDR Upconverter AI: Converts videos from SDR to HDR10/Dolby Vision, delivering richer and more realistic colors.

Denoise AI: Eliminates noise and grain caused by various factors, resulting in cleaner videos.

Deinterlace AI: Converts interlaced video signals to progressive, effectively reducing flicker and visual artifacts.

Smoother AI: Utilizes frame interpolation to increase video frame rates by AI, delivering smoother and more fluid motion.

Video background Remover AI: Supports replacing or removing unwanted background and objects in videos to highlight the subject.

Audio Upmix AI: Upscales audio tracks from videos to EAC3 5.1/DTS 7.1 surround sound for a cinematic listening experience.

The era of AI-powered video editing has arrived, and we invite all industry partners and users to join us in experiencing the ultimate audiovisual experience.

Contact Information:

Company Name: UniFab

Official Website: https://unifab.ai

JP: https://ja.unifab.ai/

FR: https://fr.unifab.ai/

DE: https://de.unifab.ai/

ZH: https://zh.unifab.ai/

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SOURCE UniFab Technology