The global technical textile market size reached US$ 204.8 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 304.1 Billion by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2023-2032. The increasing construction of residential and commercial buildings, rising prevalence of chronic diseases, and the growing utilization of technical textiles across different industry verticals represent some of the key factors driving the market.
Technical textiles are used for specific technical functions and applications beyond traditional clothing, aesthetics, and furnishing. They are lightweight, durable, robust, and resistant to abrasion and extreme climatic conditions. They exhibit waterproofing and breathability properties and protect against harmful ultraviolet (UV) radiation. They are used in the manufacturing of airbags, composites, smart textiles, geotextiles, sensors, and wearable technology. They are also utilized in the aerospace, automotive, sports, construction, and agriculture industries. Besides this, as they have antimicrobial properties and reduce body odors, technical textiles find extensive applications in the healthcare sector in the production of medical implants and apparel, such as gowns, masks, and gloves.
Technical textiles are used for specific technical functions and applications beyond traditional clothing, aesthetics, and furnishing. They are lightweight, durable, robust, and resistant to abrasion and extreme climatic conditions. They exhibit waterproofing and breathability properties and protect against harmful ultraviolet (UV) radiation. They are used in the manufacturing of airbags, composites, smart textiles, geotextiles, sensors, and wearable technology. They are also utilized in the aerospace, automotive, sports, construction, and agriculture industries. Besides this, as they have antimicrobial properties and reduce body odors, technical textiles find extensive applications in the healthcare sector in the production of medical implants and apparel, such as gowns, masks, and gloves.
Technical Textile Market Trends:
At present, rapid urbanization, expanding global population, and increasing construction and remodeling activities across residential and commercial sectors represent one of the primary factors stimulating market growth. Additionally, significant growth in the automotive industry and the widespread adoption of technical textiles in the manufacturing of lightweight vehicles with optimal fuel efficiency are offering lucrative opportunities to manufacturers. Technical textiles are employed in manufacturing numerous components of automobiles, which include air and oil filters, carpets, and battery separators. Along with this, the increasing sales of hybrid and electric vehicles (H/EVs) are driving product demand across the globe. Apart from this, the rising disposable medical clothes, along with the expansion of hospitals and healthcare centers worldwide, are contributing to market growth. Furthermore, the integration of advanced technologies in textile manufacturing procedures for the development of innovative technical textiles with more enhanced features is favoring market growth. Additionally, rising cases of construction site accidents and the growing prevalence of several infectious diseases are catalyzing the demand for personal protective equipment (PPE), which is offering a favorable market outlook. Moreover, rising environmental concerns are increasing the demand for sustainable and eco-friendly technical textiles across industries. Besides this, the growing participation of individuals in sports is resulting in the expanding product utilization. Furthermore, the rising focus of leading market players on strategic collaborations and mergers and acquisitions to expand their market reach and improve overall profitability is expected to propel the market growth in the coming years.Key Market Segmentation:
The publisher provides an analysis of the key trends in each segment of the global technical textile market, along with forecasts at the global, regional, and country levels from 2024-2032. The report has categorized the market based on material, process, and application.Material Insights:
- Natural Fiber
- Cotton
- Wool
- Others
- Synthetic Polymers/Fibers
- Polyether Sulfone (PES)
- Polyamide (PA)
- Polyacrylonitrile (PAN)
- Polypropylene (PP)
- Polyester
- Others
- Mineral Fiber
- Asbestos
- Glass Fiber
- Ceramic Fiber
- Regenerated Fiber
- Rayon
- Acetate
- Metal Fiber
- Others
Process Insights:
- Woven
- Non-woven
- Others
Application Insights:
- MobilTech
- InduTech
- SporTech
- BuildTech
- HomeTech
- ClothTech
- MediTech
- AgroTech
- ProTech
- PackTech
- GeoTech
- OekoTech
Regional Insights:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global technical textile market. Detailed profiles of all major companies have been provided. Some of the companies covered include 3M Company, Asahi Kasei Advance Corporation (Asahi Kasei Corporation), Baltex, Barry Global Inc., DuPont de Nemours Inc., Duvaltex Inc., Freudenberg & Co. KG, Hindustan Mills Limited, HUESKER Synthetic GmbH, Huntsman Corporation, Milliken & Company, SKAPS Industries, SRF Limited (Kama Holdings Ltd.), etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.Key Questions Answered in This Report:
- How has the global technical textile market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global technical textile market?
- What is the impact of each driver, restraint, and opportunity on the global technical textile market?
- What are the key regional markets?
- Which countries represent the most attractive technical textile market?
- What is the breakup of the market based on the material?
- Which is the most attractive material in the technical textile market?
- What is the breakup of the market based on the process?
- Which is the most attractive process in the technical textile market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the technical textile market?
- What is the competitive structure of the global technical textile market?
- Who are the key players/companies in the global technical textile market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Technical Textile Market
6 Market Breakup by Material
7 Market Breakup by Process
8 Market Breakup by Application
9 Market Breakup by Region
10 Drivers, Restraints, and Opportunities
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- 3M Company
- Asahi Kasei Advance Corporation (Asahi Kasei Corporation)
- Baltex
- Barry Global Inc.
- DuPont de Nemours Inc.
- Duvaltex Inc.
- Freudenberg & Co. KG
- Hindustan Mills Limited
- HUESKER Synthetic GmbH
- Huntsman Corporation
- Milliken & Company
- SKAPS Industries
- SRF Limited (Kama Holdings Ltd.)
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 138 |
| Published | March 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 204.8 Billion |
| Forecasted Market Value ( USD | $ 304.1 Billion |
| Compound Annual Growth Rate | 4.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 13 |
