In April, the '2024 Techtextil' was held in Frankfurt, Germany, marking the 20th edition of the world's largest industrial textile exhibition, which has been held every two years since 1986. Alongside the textile machinery fair 'Texprocess,' this year's event focused on the direction of the textile industry, emphasizing sustainability. 

More than 1,700 companies from 53 countries exhibited high-tech materials and manufacturing solutions aligned with the theme of sustainability. Hyosung Advanced Materials, known for its continuous innovation in the development and commercialization of new materials, was prominently featured at the event. 

Hyosung Advanced Materials' Unique Exhibition Set-up Highlighting Its Strengths 

The exhibition attracted 38,000 visitors from 102 countries over four days, representing a 29% increase from 2022. This surge underscores unparalleled opportunities for Korean textile companies to enter the European market. 

Hyosung Advanced Materials strategically showcased its technological capabilities and product range at the exhibition. At the booth entrance, a grand media facade highlighted its capability to produce PET and Nylon yarns simultaneously, underscoring its leadership in the fiber industry. 

▲ Hyosung Advanced Materials' products essential for the automotive industry 

The booth also featured pioneering contributions to the new mobility sector. As the first Korean company to manufacture tire cords, Hyosung Advanced Materials has evolved into a comprehensive solution provider, offering fiber and steel cord tire reinforcements. The display prominently featured PET tire cord, which has secured the top global market share and multiple quality certifications. 

The exhibition also featured Hyosung Advanced Materials' commercial and automotive carpets and mats, which have the largest domestic market share. These products garnered significant attention, especially because of its use of BCF yarns with superior durability, sound absorption, and noise insulation properties, showcasing why they are favored by leading global automotive brands. 

Hyosung Advanced Materials Achieved Safety and Innovation in Mobility  

▲ Display of industrial yarn and airbag products 

Hyosung Advanced Materials showcased its contributions to automotive safety through its advanced textile products. Among the highlights were the PET yarns used in seatbelt webbing. Hyosung Advanced Materials produces a wide range of seatbelt yarns for vehicles from compact cars to large trucks. Renowned for their exceptional abrasion resistance, dyeability, and stringent quality management standards, these yarns have secured a dominant position in the global market. 

The exhibition also featured high-strength, high-modulus, and heat-resistant yarns for airbags. These yarns are used in 3-Layer OPW (One Piece Woven) airbags, which provide comprehensive protection for passengers by maintaining their inflated state longer thanks to the elimination of sewing processes through special weaving techniques. Additionally, Hyosung Advanced Materials highlighted its pioneering achievement as the first company in Korea to develop and supply airbag PET yarns that can replace Nylon-66, reflecting the company’s commitment to meeting diverse customer needs. 

Products with High Anticipation in Future Industrial Sectors 

▲ Aramid/Carbon Fiber Zone 

Hyosung Advanced Materials has independently developed the high-performance superfiber Aramid yarn (ALKEX®). This versatile material has already found extensive applications in industries such as defense and construction. In the era of 5G hyper-connectivity, ALKEX® is also making significant inroads in the telecommunications sector as a key material for fiber optic cables and in the electric vehicle industry for lightweight components. 

▲ Showcasing the Excellence of the Carbon Fiber Brand 'TANSOME®' 

There was also great interest in the innovative carbon fiber product. Hyosung Advanced Materials has commercialized its carbon fiber brand, TANSOME®, and achieved an annual production capacity of 11,500 tons. This has enabled the company to secure a leading position in the high-pressure vessel market and create synergies among various HYOSUNG affiliates from hydrogen production to storage and fuel tanks. TANSOME® is also poised to play a crucial role industries closely related to future lifestyles, such as wind energy, aerospace, and sports and leisure industries. 

Through this exhibition, Hyosung Advanced Materials demonstrated the unique competitive strengths of each business division and strengthened its collaborative relationships with global customers. The global textile market, valued at USD 1 trillion in 2021, is projected to grow by over 4.4% annually through 2026. Hyosung Advanced Materials is committed to continuous research and development to contribute to this growth and lead the future of the textile industry.