The global technical textile market was valued at $201.2 billion in 2019, and is projected to reach $274.1 billion by 2027, growing at a CAGR of 5.1% from 2020 to 2027. Technical textile is well-known for its technical (mechanical, electrical, durable, and thermal) and functional properties, rather than decorative and aesthetic characteristics. It is used for technical applications such as protective clothing in the chemical industry, defense sector, automotive interiors, and others.
The market is growing owing to various factors such as rise in demand from the healthcare sector. In addition, the technical textile has huge consumer base in countries such as the U.S., China, Germany, and others. This is attributed to established sectors such as healthcare, automobile, construction, military &defense, and others. However, some of the factors that hamper the market growth are high cost of raw materials and high toxic waste production. On the contrary, in coming years there may be significant demand for industrial protective wears, owing to industrial growth in developing regions.
The global technical textile market is segmented on the basis of material, process, application, and region. The material segment is categorized into natural fiber, synthetic polymer, mineral, regenerated fiber, and others. On the basis of process, it is divided into woven, knitted, non-woven, and others. Based on application, the market is classified into MobilTech, InduTech, SportTech, BuildTech, HomeTech, ClothTech, MediTech, AgroTech, ProTech, PackTech, OekoTech, and GeoTech. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits for Stakeholders
Key Market Segments
By Material
By Process
By Application
By Region
Key Market Players
The other players in the value chain include Bruck Textiles, Gelvenor Textiles, Lanxess, NIKOL Advance Materials Pvt. Ltd, Sanrhea Technical Textiles Limited, Arville Textiles Limited, L. van Heek Textiles bv, HiltexTechnischeWeefsels B.V., Delcotex, Aurich Textiles GmbH, and others.
The market is growing owing to various factors such as rise in demand from the healthcare sector. In addition, the technical textile has huge consumer base in countries such as the U.S., China, Germany, and others. This is attributed to established sectors such as healthcare, automobile, construction, military &defense, and others. However, some of the factors that hamper the market growth are high cost of raw materials and high toxic waste production. On the contrary, in coming years there may be significant demand for industrial protective wears, owing to industrial growth in developing regions.
The global technical textile market is segmented on the basis of material, process, application, and region. The material segment is categorized into natural fiber, synthetic polymer, mineral, regenerated fiber, and others. On the basis of process, it is divided into woven, knitted, non-woven, and others. Based on application, the market is classified into MobilTech, InduTech, SportTech, BuildTech, HomeTech, ClothTech, MediTech, AgroTech, ProTech, PackTech, OekoTech, and GeoTech. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits for Stakeholders
- The report provides an extensive qualitative and quantitative analysis of the current trends and future estimations of the market from 2020 to 2027, determining the prevailing opportunities
- A comprehensive analysis of the factors that drive and restrict the growth of the market is provided
- The market size is provided in terms of volume and revenue
- Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building
- Profiles of leading players operating in the market are provided to understand the competitive scenario
- The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable growth
Key Market Segments
By Material
- Natural Fiber
- Synthetic Polymer
- Mineral
- Metal
- Regenerated Fiber
- Others
By Process
- Woven
- Knitted
- Non-Woven
- Others
By Application
- MobilTech
- InduTech
- SporTech
- BuildTech
- HomeTech
- ClothTech
- MediTech
- AgroTech
- ProTech
- PackTech
- GeoTech
- OekoTech
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- Asahi Kasei Corporation
- Ahlstrom Munksjö
- Baltex
- Berry Global, Inc.
- Berkshire Hathaway Inc.
- Dupont De Nemours, Inc. (Dupont)
- Duvaltex
- Freudenberg & Co. KG
- GSE Environmental
- HUESKER Synthetic GmbH
- Kama Holdings Limited
- KONINKLIJKE TEN CATE BV
- Milliken & Company
- Mitsui Chemicals, Inc.
- SKAPS Industries.
The other players in the value chain include Bruck Textiles, Gelvenor Textiles, Lanxess, NIKOL Advance Materials Pvt. Ltd, Sanrhea Technical Textiles Limited, Arville Textiles Limited, L. van Heek Textiles bv, HiltexTechnischeWeefsels B.V., Delcotex, Aurich Textiles GmbH, and others.
Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summar
Chapter 3: Market Overview
Chapter 4: Technical Textiles Market, by Material
Chapter 5: Technical Textiles Market, by Process
Chapter 6: Global Technical Textile Market, by End Use Application
Chapter 7: Technical Textile Market, by Region
Chapter 8: Competitive Landscape
Chapter 9: Company Profiles
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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