The global Clothing Fibers market is forecast to reach a market size of $248.18 bn by 2027, and register a steady revenue growth rate over the next seven years, according to the latest report by Reports and Data. Growing demand for Clothing Fibres can be attributed to technological advancements in Clothing Fibres. As an instance, CREOL, the College of Optics & Photonics- the University of Central Florida, has developed a user-operated colour-changing clothing fabric with the ability to change its color via a smartphone. The fibres in the fabric possess a thin metal micro-wire, which is used to conduct electricity that stimulates temperature-sensitive pigments in fibres to change colour in response to generated heat. Through a smartphone, wearers can regulate both the colour of the fabric and the pattern that would appear in the fabric.

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