Increasing number of applications of geotextiles in road construction, sports sector, and transportation is a key factor driving market revenue growth.
Market Size - USD 193.73 Billion in 2020, Market Growth - CAGR of 4.1%, Market Trends - increasing adoption of Nano-materials such as Nano-particles and Nano-fibers for technical textiles production by major manufacturers.
The global technical textile market size is expected to reach USD 268.97 Billion in 2028, and register a CAGR of 4.1% during the forecast period. Technical textile include a variety of processes, such as woven, nonwoven, and knitted, among various other methods. Technical textiles are largely used for applications in automobile industries, such as for making seatbelts, and ceilings, among others. These textiles offer large number of products and functionalities, and can be customized according to the end user’s requirements. This is one of the major factors driving market growth to a significant extent.
These textiles are widely used in construction in order to retain built structure of the buildings, roads, embankments, and pipelines, among others. This, coupled with increasing construction projects in commercial, residential and infrastructural sector are other major factors expected to drive growth of the global technical textile market.
Some Key Findings From the Report:
For the purpose of this report, the global technical textile market has been segmented on the basis of material type, process type, application, and region:
Material Type Outlook
Process Type Outlook
Application Outlook
Region Outlook
Reasons to Buy the Report
Market Size - USD 193.73 Billion in 2020, Market Growth - CAGR of 4.1%, Market Trends - increasing adoption of Nano-materials such as Nano-particles and Nano-fibers for technical textiles production by major manufacturers.
The global technical textile market size is expected to reach USD 268.97 Billion in 2028, and register a CAGR of 4.1% during the forecast period. Technical textile include a variety of processes, such as woven, nonwoven, and knitted, among various other methods. Technical textiles are largely used for applications in automobile industries, such as for making seatbelts, and ceilings, among others. These textiles offer large number of products and functionalities, and can be customized according to the end user’s requirements. This is one of the major factors driving market growth to a significant extent.
These textiles are widely used in construction in order to retain built structure of the buildings, roads, embankments, and pipelines, among others. This, coupled with increasing construction projects in commercial, residential and infrastructural sector are other major factors expected to drive growth of the global technical textile market.
Some Key Findings From the Report:
- Among the material type segments, the natural fiber segment is expected to register a robust revenue CAGR during the forecast period. The synthetic polymer segment accounted for the largest revenue share in 2020.
- Among the process type segments, the non-woven segment accounted for the largest revenue share in 2020. The woven segment is expected to register a robust revenue CAGR during the forecast period.
- Asia Pacific market accounted for major share in terms of revenue in 2020, and is expected to continue with its dominance over the forecast period, due to rapidly growing industries such as textiles, automotive, and construction.
- North America market is expected to register a robust revenue CAGR during the forecast period, due to presence of technical textile manufacturers in the region, and increasing focus of players on new technological advancements.
- Companies profiled in the market report include Asahi Kasei, Berry Global Group, Mitsui Chemicals, Kimberly Clarke, Koninklijke Ten Cate, International Textile Group, Toyobo Co., SRF Limited, Lanxess, and DuPont. The players operating in the market have undertaken a number of strategies. The companies have adopted various strategies, including mergers, acquisitions, and partnerships to expand customer base and new technological developments in the global market. Along with the companies operating in the market, other key market players have also been entering the industry.
For the purpose of this report, the global technical textile market has been segmented on the basis of material type, process type, application, and region:
Material Type Outlook
- Natural Fiber
- Synthetic Polymer
- Regenerated fiber
- Mineral
- Metal
- Specialty fiber
Process Type Outlook
- Woven
- Non-Woven
- Knitted
- Others
Application Outlook
- Mobitech
- Indutech
- Sporttech
- Buildtech
- Hometech
- Geotech
- Clothtech
- Others
Region Outlook
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- Rest of the Middle East and Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Technical Textile Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in Technical Textile Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 4. Technical Textile Market Segmentation & Impact Analysis
Chapter 5. Technical Textile By Material Type Insights & Trends
Chapter 6. Technical Textile By Process Type Insights & Trends
Chapter 7. Technical Textile By Application Insights & Trends
Chapter 8. Technical Textile Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
Companies Mentioned
- Asahi Kasei
- Berry Global Group
- Mitsui Chemicals
- Kimberly Clarke
- Koninklijke Ten Cate
- International Textile Group
- Toyobo Co.
- SRF Limited
- Lanxess
- DuPont among others.
