Apparels & industrial textiles equipment
The size of the apparel and industrial textiles equipment market addressed by Oerlikon in 2016 was estimated at CHF 1 646 million. Accounting for 38 % of this market is filaments equipment, which experienced an exceedingly difficult year in 2016 due to overcapacities and heightened by China’s economic slowdown. However, toward the end of 2016, there were signs of renewed interest in investing in filament equipment, indicating that the bottom of the cycle was reached in 2016. Over the longer term, the market is being driven by trends toward more eco-friendly and hard-wearing manmade fibers for apparel; technical textile applications for use in construction; and demand for carpet yarn – supported by underlying global trends such as population growth, urbanization and the expansion of the middle class in emerging countries such as China.
In 2016, the Manmade Fibers Segment strengthened its business in the other apparel and textile areas outside of filaments equipment. It acquired Trützschler’s staple fibers technology portfolio, making it a leader in the global synthetic staple fibers market. It succeeded to expand its business in this market and its order book is well filled for the next few years. For the drawn textured yarn (DTY) market, the Segment launched a highly productive automatic texturing and compact, eAFK HQ®, which saves space while offering a 50 % increase in productivity. For the polycondensation market, the Segment’s joint venture, Oerlikon Barmag Huitong Engineering, signed its first order for a 60 000-tons-per-year polycondensation system in China. Furthermore, new solutions were brought to the market for the production of technical yarns for tire cords (HLMS), seat belts and geotextiles. The Segment also improved its services for customers in this market with new orders to run maintenance workshops at customers’ sites in India and China, and plans to launch new digital-based customer services such as the Intelligent Plant Control 4.0 (IPC 4.0).