The global market for Technical Textiles is estimated at US$198.9 Billion in 2023 and is projected to reach US$276.8 Billion by 2030, growing at a CAGR of 4.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the technical textiles market is driven by several factors, including the rising demand for innovation in the medical, automotive, and construction industries, regulatory standards mandating the use of safety textiles, and consumer behavior trends towards more durable and functional materials. The healthcare sector, for example, increasingly relies on technical textiles for surgical drapes, gowns, and implants that meet high standards of hygiene and protection. In the automotive industry, stringent safety regulations drive the need for high-performance textiles in airbags and seat belts.
Moreover, the growing awareness and demand for environmental sustainability encourage the development and use of eco-friendly technical textiles across various sectors. These trends are bolstered by technological advancements that enhance the properties and functionalities of technical textiles, making them integral to a wide array of industrial applications. The combination of regulatory pressures, technological progress, and evolving industry needs ensures the continuous expansion of the technical textiles market, marking it as a crucial component in the advancement of modern material science and engineering.
The growth in the technical textiles market is driven by several factors, including the rising demand for innovation in the medical, automotive, and construction industries, regulatory standards mandating the use of safety textiles, and consumer behavior trends towards more durable and functional materials. The healthcare sector, for example, increasingly relies on technical textiles for surgical drapes, gowns, and implants that meet high standards of hygiene and protection. In the automotive industry, stringent safety regulations drive the need for high-performance textiles in airbags and seat belts.
Moreover, the growing awareness and demand for environmental sustainability encourage the development and use of eco-friendly technical textiles across various sectors. These trends are bolstered by technological advancements that enhance the properties and functionalities of technical textiles, making them integral to a wide array of industrial applications. The combination of regulatory pressures, technological progress, and evolving industry needs ensures the continuous expansion of the technical textiles market, marking it as a crucial component in the advancement of modern material science and engineering.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Woven Technical Textiles segment, which is expected to reach US$109.3 Billion by 2030 with a CAGR of a 4.7%. The Non-Woven Technical Textiles segment is also set to grow at 5.4% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $49.4 Billion in 2023, and China, forecasted to grow at an impressive 6.7% CAGR to reach $58.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Technical Textiles Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Technical Textiles Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Technical Textiles Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as DuPont de Nemours, Inc., Compagnie de Saint-Gobain S.A., DSM Nutritional Products AG, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 159 Featured):
- DuPont de Nemours, Inc.
- Compagnie de Saint-Gobain S.A.
- DSM Nutritional Products AG
- Beaulieu International Group
- Aksa Akrilik Kimya Sanayii AS
- Asiatic Fiber Corporation
- Agru America, Inc.
- AccuGeo Liner, Inc.
- ACE Geosynthetics
- Advanced Drainage Systems, Inc.
- Alyaf Industrial Co., Ltd.
- Auburn Manufacturing, Inc.
- Carthage Mills, Inc.
- Don & Low Ltd.
- Arville Textiles Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARYIII. MARKET ANALYSISITALYSPAINREST OF ASIA-PACIFICREST OF LATIN AMERICAREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
INDIA
LATIN AMERICA
BRAZIL
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- DuPont de Nemours, Inc.
- Compagnie de Saint-Gobain S.A.
- DSM Nutritional Products AG
- Beaulieu International Group
- Aksa Akrilik Kimya Sanayii AS
- Asiatic Fiber Corporation
- Agru America, Inc.
- AccuGeo Liner, Inc.
- ACE Geosynthetics
- Advanced Drainage Systems, Inc.
- Alyaf Industrial Co., Ltd.
- Auburn Manufacturing, Inc.
- Carthage Mills, Inc.
- Don & Low Ltd.
- Arville Textiles Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 704 |
Published | October 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 198.9 Billion |
Forecasted Market Value ( USD | $ 276.8 Billion |
Compound Annual Growth Rate | 4.8% |
Regions Covered | Global |