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With the global textile market predicted to grow at a CAGR of 4.0% from 2022 to 2030, the need for easy and affordable yarn analysis is increasing. Identifying the composition and quality of fibers and yarn lays the foundation for correct processing of textiles later in the supply chain. Processing, treating, and recycling textile materials based on their raw components can make the textile industry more sustainable.
Thomas González Art Loans visited Frieze art fair and the Sale week at Sotheby’s and Christies in London. The good news is that the market remains very strong, there was a high demand for good art. It seems that more and more people are interested in collecting and in investing in art. This again drives the interest in art loans.
A recent article published by the Neue Zürcher Zeitung shows the constantly growing interest in art lending and art finance. As one of the main participants in the market, Thomas González Art Loans is introduced in the article. According to the article, art lending and art finance along with other art investment vehicles like third-party-guarantees in auctions, is a well etablished business in the US. However, there is a lot of potential for growth for art-related financing in Europe.
PrivateArtInvestor.com, the financial magazine for the art world, has recently published an extensive interview with Thomas González on his art lending and art financing activities. Apart from his experiences in the art financing market, Thomas González points out his expectations for the art market in the near future. Due to the lack of alternative investments, Thomas González argues that the art market, the art loan and art finance industry alike, will continue to grow.
