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Technical Textiles - Global Market Trajectory & Analytics

  • ID: 3345937
  • Report
  • May 2021
  • Region: Global
  • 704 pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • 3M Company
  • Belton Industries Inc.
  • Dow Inc.
  • Hanes Geo Components
  • Low & Bonar PLC
  • SGL Carbon
  • MORE

Global Technical Textiles Market to Reach US$231.5 Billion by the Year 2027


Amid the COVID-19 crisis, the global market for Technical Textiles estimated at US$166.8 Billion in the year 2020, is projected to reach a revised size of US$231.5 Billion by 2027, growing at a CAGR of 4.8% over the analysis period 2020-2027.Woven, one of the segments analyzed in the report, is projected to grow at a 4.9% CAGR to reach US$94.1 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Woven segment is readjusted to a revised 5.1% CAGR for the next 7-year period. This segment currently accounts for a 33.9% share of the global Technical Textiles market.



The U.S. Accounts for Over 27% of Global Market Size in 2020, While China is Forecast to Grow at a 7.9% CAGR for the Period of 2020-2027


The Technical Textiles market in the U.S. is estimated at US$45 Billion in the year 2020. The country currently accounts for a 26.99% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$48.6 Billion in the year 2027 trailing a CAGR of 7.8% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 3.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR while Rest of European market (as defined in the study) will reach US$48.6 Billion by the year 2027.

Other Processes Segment Corners a 25.7% Share in 2020


In the global Other Processes segment, USA, Canada, Japan, China and Europe will drive the 4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$32.4 Billion in the year 2020 will reach a projected size of US$42.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$31.2 Billion by the year 2027, while Latin America will expand at a 4.5% CAGR through the analysis period.

Select Competitors (Total 159 Featured) -

  • 3M Company
  • Agru America Inc.
  • Ahlstrom-Munksjö Oyj
  • Asahi Kasei Corporation
  • Belton Industries Inc.
  • Berry Global Group
  • Borgers SE & Co. KGaA
  • Delfingen Industry S.A
  • Dow Inc.
  • DSM Dyneema BV
  • Fibertex Nonwovens A/S
  • Freudenberg SE
  • Global Synthetics Pty. Ltd.
  • Hanes Geo Components
  • Hindoostan Mills Ltd.
  • Huesker Synthetic GmbH
  • Johns Manville
  • Kimberly-Clark Corporation
  • Lenzing Plastics GmbH & Co KG
  • Low & Bonar PLC
  • Milliken & Company
  • NAUE GmbH & Co. KG
  • Officine Maccaferri S.p.A.
  • Propex Operating Company LLC
  • Royal Ten Cate
  • SGL Carbon
  • SKAPS Industries
  • Solmax
  • SRF Limited
  • Strata Systems Inc.
  • Techfab India
  • Teijin Limited
  • Thrace Group
  • TWE Group GmbH
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • 3M Company
  • Belton Industries Inc.
  • Dow Inc.
  • Hanes Geo Components
  • Low & Bonar PLC
  • SGL Carbon
  • MORE
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • An Introduction to Technical Textiles
  • Technical Textiles: Current Market Scenario and Outlook
  • Technical Textiles Emerge as a Major Segment within the Global Textile Industry
  • Exhibit 1: World Textile Production by Textile Type (2019): Percentage Breakdown of Production Volume for Technical Textiles and Traditional Textiles
  • Exhibit 2: World Textile Industry by Segment (2019): Percentage Breakdown of Sales for Apparel, Home Textiles and Technical Textiles
  • Exhibit 3: World Textile Industry by Fiber Type (2019): Percentage Breakdown of Consumption for Manmade and Natural Fibers
  • Ever Evolving Production Technologies Enhance Technical Textiles’ Clout
  • A Brief Note on Technical Textiles Production Processes
  • Exhibit 4: World Technical Textiles Production by Country/Region (2019): Percentage Breakdown of Volume Production for Americas, China, EU, India, and Rest of World
  • While Developed Regions Remain Major Revenue Contributors, Developing Regions Emerge as Hot Spots for Market Growth
  • Exhibit 5: World Technical Textiles Market (2019 & 2025): Percentage Breakdown of Value Sales for Developed and Developing Regions
  • Exhibit 6: Global Technical Textiles Market - Geographic Regions Ranked by Value CAGR for 2018-2025: Asia-Pacific, China, Latin America, Rest of World, Canada, USA, Europe, and Japan
  • Competitive Scenario
  • Technical Textiles: A Fragmented Marketplace
  • Vendors Focus on Partnerships, Collaborations and M&A to Gain Competitive Edge
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
  • 3M Company (USA)
  • Agru America, Inc. (USA)
  • Ahlstrom-Munksjö Oyj (Sweden)
  • Asahi Kasei Corporation (Japan)
  • Belton Industries, Inc. (USA)
  • Berry Global Group (USA)
  • Borgers SE & Co. KGaA (Germany)
  • Delfingen Industry S.A (France)
  • DuPont de Nemours, Inc. (USA)
  • DSM Dyneema BV (Netherlands)
  • Elevate Textiles, Inc. (USA)
  • Fibertex Nonwovens A/S (Denmark)
  • Freudenberg SE (Germany)
  • Global Synthetics Pty. Ltd. (Australia)
  • Hanes Geo Components (USA)
  • Hindoostan Mills Ltd. (India)
  • Huesker Synthetic GmbH (Germany)
  • Johns Manville (USA)
  • Kimberly-Clark Corporation (USA)
  • Lenzing Plastics GmbH & Co KG (Austria)
  • Low & Bonar PLC (UK)
  • Milliken & Company (USA)
  • NAUE GmbH & Co. KG (Germany)
  • Officine Maccaferri S.p.A. (Italy)
  • Propex Operating Company LLC (USA)
  • Royal Ten Cate (Netherlands)
  • SGL Carbon (Germany)
  • SKAPS Industries (USA)
  • Solmax (Canada)
  • SRF Limited (India)
  • Strata Systems, Inc. (USA)
  • Techfab India (India)
  • Teijin Limited (Japan)
  • Thrace Group (Greece)
  • TWE Group GmbH (Germany)
3. MARKET TRENDS & DRIVERS
  • Growing Use Case Across End-Use Sectors Accelerates Market Expansion
  • New & Emerging Applications Bolster Market Prospects
  • Select Applications of Technical Textiles by End-Use Sector
  • Mobile Textiles: Major Segment
  • Ultralight Mobile Textiles Make a Cut
  • Increasing Automotive Production Augurs Well
  • Exhibit 7: Global Passenger Car Production (In Million Units) for the Years 2010, 2016, 2020, and 2024
  • Exhibit 8: Global Passenger Car Sales (In Million Units) for the Year 2010 through 2024
  • Exhibit 9: Global Passenger Car Sales by Region/Country (% Share): 2019
  • A Glance at Primary Applications of Mobile Textiles in Automotive Vehicles
  • Rising Demand for Building Textiles Underpins Market Expansion
  • Geotextiles Step In to Enhance Overall Market for Building Textiles
  • Road Construction, Erosion Control, and Drainage: Primary Applications
  • Visible Shift towards Spunbonds
  • Spunbond CAPEX Continues to Grow
  • Growing Emphasis on R&D
  • Uptrend in Construction Industry Augurs Well
  • Exhibit 10: World Construction Industry Size (in US$ Trillion) for the Years 2010, 2015, 2020 and 2025
  • Exhibit 11: Global Infrastructure Spending Estimates (as a Percentage of GDP) by Sector for 2007-2016 and 2017-2040
  • Exhibit 12: Global Infrastructure Spending Estimates (as a Percentage of GDP) by Region for 2007-2016 and 2017-2040
  • Resolving Prevailing Challenges: Critical for Future Success
  • Medical Textiles Emerges as Rapidly Growing Market Niche
  • A Glance at Key Applications of Medical Textiles
  • Innovations Spur Demand
  • Soaring Opportunities for Technical Textiles in Industrial Sector
  • Sports Textiles: Niche Segment
  • Technical Textiles Make their Way into Residential Environments
  • Clothing Textiles Make a Cut
  • Agro Textiles Set to Expand Footprint and Addressable Market
  • A Look into Key Applications of Agro Textiles
  • Packaging Textiles Gain Traction
  • Cosmetic Textiles Seek Opportunities
  • Intensified Demand for Nonwovens Revs Up Overall Sales
  • Exhibit 13: World Technical Textiles Production by Textile Type (2019): Percentage Breakdown of Production Volume for Others, Nonwovens and Woven
  • Exhibit 14: Global Production of Nonwovens by Geographic Region (2019): Percentage Breakdown of Production Volume for Asia, Europe, NAFTA, South America, and Rest of World
  • Exhibit 15: World Nonwovens Market by Application (2019): Percentage Breakdown of Value Sales for Building, Filtration, Hygiene, Medical, Upholstery, Wipes and Others
  • Expanding Applications for Technical Textile Composites
  • Nanotechnology Comes to Fore to Augment Technical Textile Landscape
  • Organic Materials Extend Effective Alternative to Petroleum-derived Feedstock
  • Focus on Environmental Conservation & Sustainability Widens Use Case
  • Technology Innovations to Spearhead Growth
  • Technical Textiles Market to Gain from Prevailing Socio-Economic & Demographic Trends
  • Stable Economy
  • Exhibit 16: Global Economic Outlook: Real GDP Growth Rates in % by Country/Region for the Years 2018 through 2021
  • Growing Population & Urban Sprawl
  • Exhibit 17: World Urban Population in Millions: 1950-2050
  • Exhibit 18: Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 2000, 2020 & 2050
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

UNITED STATES
  • The United States: Prime Market for Technical Textiles
  • Robust Growth Opportunities for Medical Textiles
  • Automotive Sector Continues to Offer Significant Opportunities
  • Airbags: A Niche Application
  • Geotextiles Make a Cut
  • Technical Textiles Assume Critical Importance in Defense & Law Enforcement Applications
  • Personal Protection Equipment & Ballistic Vests
  • Camouflage
  • Shelters
  • Coated Technical Textiles Find Wider Use in Boating & Emergency Shelters Applications
  • Impact of Trade Policies on Technical Textiles Industry
  • Market Analytics
CANADA
  • Market Overview
JAPAN
  • Market Overview
CHINA
  • China: The Dominant Producer, Consumer and Exporter of Technical Textiles
  • Growing Demand Across Key End-Use Sectors Spurs Consumption Volumes
EUROPE
  • Diverse Trends Across Geographical Regions
  • Exhibit 19: Leading Technical Textiles Producing Countries in Europe (2018): Percentage Breakdown of Value Production
  • Europe Continues to Offer Robust Opportunities
  • Market Analytics
FRANCE
  • Market Overview
  • French Technical Textiles Market by End-Use Sector (2019): Percentage Breakdown of Value Sales
GERMANY
  • Market Overview
ITALY

UNITED KINGDOM

SPAIN

RUSSIA
  • Market Overview
REST OF EUROPE
  • Turkey Evolves into Global Supplier of Technical Textiles
  • Technical Textiles Render Significant Contribution to National GDP
  • Sustained Emphasis on Expanding Textiles Sector Boosts Prospects
  • Product Innovations to Widen Market Prospects
  • Positive Outlook Encourages Market Participants to Ramp Up Operations
ASIA-PACIFIC
  • Asia-Pacific Emerges as Core Market for Technical Textiles
  • Rapid Expansion in Regional Industrial Sector Boosts Prospects
  • Market Analytics
AUSTRALIA

INDIA
  • Indian Technical Textiles Sector on Growth Trajectory
  • Government & Industry Initiatives Steer Demand
  • Growing Use in Consumer Products, Institutional Products and Government Projects
  • Jute: Prominent Technical Textile Fiber
  • Nonwovens Poised to Experience Robust Growth over Long-Term
  • Strong Growth Prospects for Mobile Textiles
  • High Potential for Agro Textiles
  • India Recognizing the Benefits of Geotextiles
  • Standardization Essential for Sector Development
  • Opportunities for Foreign Textile Manufacturers
  • ITTA Focuses on Supporting Indian Technical Textile Industry
  • A Review of Issues & Challenges
SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL
  • Brazil: A Growing Market
MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION
  • Total Companies Profiled: 159
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • 3M Company
  • Agru America Inc.
  • Ahlstrom-Munksjö Oyj
  • Asahi Kasei Corporation
  • Belton Industries Inc.
  • Berry Global Group
  • Borgers SE & Co. KGaA
  • Delfingen Industry S.A
  • Dow Inc.
  • DSM Dyneema BV
  • Fibertex Nonwovens A/S
  • Freudenberg SE
  • Global Synthetics Pty. Ltd.
  • Hanes Geo Components
  • Hindoostan Mills Ltd.
  • Huesker Synthetic GmbH
  • Johns Manville
  • Kimberly-Clark Corporation
  • Lenzing Plastics GmbH & Co KG
  • Low & Bonar PLC
  • Milliken & Company
  • NAUE GmbH & Co. KG
  • Officine Maccaferri S.p.A.
  • Propex Operating Company LLC
  • Royal Ten Cate
  • SGL Carbon
  • SKAPS Industries
  • Solmax
  • SRF Limited
  • Strata Systems Inc.
  • Techfab India
  • Teijin Limited
  • Thrace Group
  • TWE Group GmbH
Note: Product cover images may vary from those shown
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