It is projected to grow over the next five years. Factors such as improving economic condition of countries, technology advancement, and increasing end-use applications are expected to drive the technical textile market in the future. Increasing demand for end-use industries such as healthcare, construction, clothing, packaging, sportswear, and sports equipment, automotive, environmental protection, and other such areas is expected to drive the overall technical textiles market growth from 2020 to 2025.
Based on material, the synthetic polymer segment is estimated to account for the largest share of the technical textile market in 2019
The synthetic polymer segment is estimated to lead the technical textile market in 2019; this segment is projected to retain its leading position through 2025. This growth can be attributed to the superior quality it offers. Whereas, natural fibers is projected to grow at the highest CAGR during the forecast period owing to its easy availability and low cost of the material.
Based on application, the mobiltech segment is estimated to account for the largest share of the technical textile market in 2019
Based on application, the technical textile market has been segmented into mobiletch, meditech, hometech, buildtech, agrotech, packtech, protech, indutech, oekotech, geotech, clothtech, and sportech. The mobiltech segment is estimated to lead the technical textile market in 2019. Whereas, the meditech segment is projected to grow at the highest CAGR during the forecast period. The availability of modern healthcare to the global population is driving the demand for efficient technical textile products as they provide higher performance as compared to that of the traditional paper-based products in the healthcare industry.
In terms of both value and volume, the Asia Pacific technical textile market is projected to grow at the highest CAGR during the forecast period.
In terms of value and volume, the Asia Pacific region is projected to grow at the highest CAGR from 2020 to 2025 due to the strong demand for nonwoven products from countries such as China, India, and Japan. The demand for technical textile is expected to be fuelled by rapid urbanization in emerging economies such as India and China. Increased construction spending in emerging counties is expected to trigger the demand for technical textiles in buildings and construction which in turn is expected to drive the growth of the market in the region.
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the technical textile market.
- By Company Type: Tier 1: 35%, Tier 2: 40%, and Tier 3: 25%
- By Designation: C-level: 40%, D-level: 35%, and Others: 25%
- By Region: North America: 20%, Europe: 35%, Asia Pacific: 25%, Middle East & Africa: 15%, and South America: 5%
The key players profiled in the report are as follows:
- Asahi Kasei (Japan)
- Kimberly Clarke (US)
- Berry Global Group (US)
- DuPont (US)
- Mitsui Chemicals (Japan)
- Freudenberg & Co. (Germany)
- Low & Bonar (UK), Huntsman (US)
- Toyobo Co. (Japan)
- Milliken & Company (US)
- SRF Limited (India)
- Koninklijke Ten Cate (Netherlands)
- International Textile Group (US)
Research Coverage
The market study covers the technical textile market across various segments. It aims at estimating the market size and the growth potential of this market across different segments based on material, technology, application, and region. The study also includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to enhance their position in the technical textile market.
Key Benefits of Buying the Report
The report is projected to help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers of the overall technical textile market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market and gain insights to improve the position of their businesses and plan suitable go-to-market strategies. The report also aims at helping stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.
Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency Considered
1.5 Unit Considered
1.6 Stakeholders
1.7 Summary of Changes
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Top-Down Approach
2.2.2 Bottom-Up Approach
2.3 Data Triangulation
2.4 Assumptions
2.5 Limitations
3 Executive Summary
4 Premium Insights
4.1 Emerging Economies to Witness Relatively Higher Demand for Technical Textile
4.2 APAC: Technical Textile Market, by Application and Country
4.3 Technical Textile Market, by Material
4.4 Technical Textile Market, by Process
4.5 Technical Textile Market, by Application
4.6 Technical Textile Market, by Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Adaptability and Awareness of Products
5.2.1.2 Increase in Demand for Technical Textiles in the Healthcare Industry
5.2.1.3 Demand for Lightweight and Fuel-Efficient Transportation Vehicles
5.2.1.4 Growing Awareness Regarding Environmentally-Friendly Fabrics and Regulatory Framework Promoting the Use of Technical Textile
5.2.2 Restraints
5.2.2.1 Volatility in Raw Material Prices
5.2.3 Opportunities
5.2.3.1 Emergence of New Technologies
5.2.3.2 Growing Demand from Emerging Industrial Markets
5.2.3.3 Increase in the Significance of Geotextiles
5.2.4 Challenges
5.2.4.1 Cost-To-Benefit Ratio a Concern for Small Manufacturers
5.2.4.2 Varying Environmental Mandates Across Regions
5.2.4.3 Availability Issues Regarding Raw Materials for Technical Textiles
6 Yc-Ycc Drivers
7 Industry Trends
7.1 Introduction
7.2 Value Chain Analysis
7.2.2 Prominent Companies
7.2.3 Small & Medium Enterprises
7.3 Porter’s Five Forces Analysis
7.3.1 Threat of New Entrants
7.3.2 Threat of Substitutes
7.3.3 Bargaining Power of Suppliers
7.3.4 Bargaining Power of Buyers
7.3.5 Intensity of Competitive Rivalry
8 Impact of COVID-19 on Technical Textile Market
9 Patent Analysis
9.1 Introduction
9.2 Methodology
9.2.1 Document Type
9.2.2 Insight
9.3 Jurisdiction Analysis
9.4 Top Applicants
10 Technical Textile Market, by Material
10.1 Introduction
10.2 Natural Fiber
10.2.1 Cotton
10.2.2 Wool
10.2.3 Others
10.3 Synthetic Polymer
10.3.1 Polyethersulfone (Pes)
10.3.2 Polyamide (Pa)
10.3.3 Polyacrylonitrile (Pan)
10.3.4 Polypropylene (Pp)
10.3.5 Polyester
10.3.6 Others
10.4 Mineral
10.4.1 Asbestos
10.4.2 Glass
10.4.3 Ceramic Fiber
10.5 Metal
10.6 Regenerated Fiber
10.6.1 Rayon
10.6.2 Acetate
10.7 Others
11 Technical Textile Market, by Process
11.1 Introduction
11.2 Woven
11.3 Knitted
11.4 Nonwoven
11.5 Others
12 Technical Textile Market, by Application
12.1 Introduction
12.2 Mobiltech
12.3 Indutech
12.4 Sportech
12.5 Buildtech
12.6 Hometech
12.7 Clothtech
12.8 Meditech
12.9 Agrotech
12.10 Protech
12.11 Packtech
12.12 Oekotech
12.13 Geotech
13 Technical Textile Market, by Region
13.1 Introduction
13.2 North America
13.2.1 US
13.2.1.1 US to Lead the Market in North America from 2020 to 2025
13.2.2 Canada
13.2.2.1 the Technical Textile Manufacturers in Canada Focus on Producing Specialized Products
13.2.3 Mexico
13.2.3.1 Availability of Natural Resources Has Created Opportunities in the Country
13.3 Europe
13.3.1 Germany
13.3.1.1 Germany to Lead the Technical Textile Market in Europe
13.3.2 France
13.3.2.1 Growing Automobile Sector to Boost the Market in the Country
13.3.3 UK
13.3.3.1 the Automobile and Construction Industries Account for a Major Demand in the Country
13.3.4 Russia
13.3.4.1 Increase in Construction Activities to Drive the Consumption of Technical Textile
13.3.5 Italy
13.3.5.1 Significant Increase in Healthcare Expenditure Driving the Demand for Technical Textile Market
13.3.6 Spain
13.3.6.1 Rise in the Use of Feminine Hygiene Products to Boost the Demand for Nonwoven Process
13.3.7 Rest of Europe
13.4 Asia-Pacific
13.4.1 China
13.4.1.1 China to Dominate the Technical Textile Market in the Region
13.4.2 India
13.4.2.1 India to be the Fastest-Growing Country Globally for Technical Textile Market
13.4.3 Japan
13.4.3.1 Increased Demand for Technical Textiles from Various End-Use Industries
13.4.4 Australia
13.4.4.1 Strong International and Commercial Export of Technical Textile to Drive the Market
13.4.5 Indonesia
13.4.5.1 Demand for Personal Care and Hygiene Products to Boost the Technical Textile Market
13.4.6 Rest of Asia-Pacific
13.5 Middle East & Africa
13.5.1 Turkey
13.5.1.1 Turkey to be the Leading Technical Textile Market in Middle East & Africa
13.5.2 UAE
13.5.2.1 The Country to be the Second-Highest Growing Market for Technical Textile in the Region
13.5.3 South Africa
13.5.3.1 Increase in the Number of Healthcare Units to Boost the Use of Technical Textile
13.5.4 Saudi Arabia
13.5.4.1 Increasing GDP and Key End-users is Expected to Rise the Demand for Technical Textile in Saudi Arabia
13.5.5 Rest of the Middle East & Africa
13.6 South America
13.6.1 Brazil
13.6.1.1 Brazil to Dominate Technical Textile Market in South America
13.6.2 Argentina
13.6.2.1 A Shift of the Global Textile Industry to More High-End and High-Quality Products
13.6.3 Rest of South America
14 Competitive Landscape
14.1 Overview
14.2 Market Ranking
14.3 Share of Key Players in the Technical Textile Market
14.4 Competitive Leadership Mapping
14.4.1 Star
14.4.2 Emerging Leaders
14.4.3 Pervasive
14.4.4 Emerging Companies
14.4.5 Strength of Product Portfolio
14.4.6 Business Strategy Excellence
15 Company Profiles
15.1 Dupont
15.1.1 Business Overview
15.1.2 Financial Assessment
15.1.3 Operational Assessment
15.1.4 Products Offered
15.1.5 Recent Developments
15.1.6 COVID-19-Related Developments/Strategies
15.1.7 SWOT Analysis
15.1.8 Winning Imperatives
15.1.9 Current Focus and Strategies
15.1.10 Threat from Competition
15.1.11 Right to Win
15.2 Asahi Kasei
15.2.1 Business Overview
15.2.2 Financial Assessment
15.2.3 Operational Assessment
15.2.4 Products Offered
15.2.5 Recent Developments
15.2.6 COVID-19-Related Developments/Strategies
15.2.7 SWOT Analysis
15.2.8 Winning Imperatives
15.2.9 Current Focus and Strategies
15.2.10 Threat from Competition
15.2.11 Right to Win
15.3 Kimberley-Clark Corporation
15.3.1 Business Overview
15.3.2 Financial Assessment
15.3.3 Business Segments - Financial Data (USD Million)
15.3.4 Operational Assessment
15.3.5 Products/Solutions/Services Offered
15.3.6 Recent Developments
15.3.7 COVID-19-Related Developments/Strategies
15.3.8 SWOT Analysis
15.3.9 Winning Imperatives
15.3.10 Current Focus and Strategies
15.3.11 Threat from Competition
15.3.12 Right to Win
15.4 Berry Global Group
15.4.1 Business Overview
15.4.2 Financial Assessment
15.4.3 Operational Assessment
15.4.4 Products Offered
15.4.5 Recent Developments
15.4.6 COVID-19-Related Developments/Strategies
15.4.7 SWOT Analysis
15.4.8 Winning Imperatives
15.4.9 Current Focus and Strategies
15.4.10 Threat from Competition
15.4.11 Right to Win
15.5 Freudenberg
15.5.1 Business Overview
15.5.2 Financial Assessment
15.5.3 Operational Assessment
15.5.4 Freudenberg’S Technical Textiles and Filtration Segment
15.5.5 Products Offered
15.5.6 Products/Solutions/Applications
15.5.7 Recent Developments
15.5.8 COVID-19-Related Developments/Strategies
15.5.9 SWOT Analysis
15.5.10 Winning Imperatives
15.5.11 Current Focus and Strategies
15.5.12 Threat from Competition
15.5.13 Right to Win
15.6 Ahlstrom-Munksjo
15.6.1 Business Overview
15.6.2 Financial Assessment
15.6.3 Filtration and Performance Segment - Financial Data (USD Million)
15.6.4 Operational Assessment
15.6.5 Products/Solutions/Services Offered
15.6.6 COVID-19-Related Developments/Strategies
15.6.7 SWOT Analysis
15.6.8 Winning Imperatives
15.6.9 Current Focus and Strategies
15.6.10 Threat from Competition
15.6.11 Right to Win
15.7 Mitsui Chemicals
15.7.1 Business Overview
15.7.2 Financial Assessment
15.7.3 Operational Assessment
15.7.4 Products Offered
15.7.5 Recent Developments
15.7.6 COVID-19-Related Developments/Strategies
15.7.7 SWOT Analysis
15.7.8 Right to Win
15.8 Huntsman
15.8.1 Business Overview
15.8.2 Financial Assessment
15.8.3 Operational Assessment
15.8.4 Products Offered
15.8.5 Recent Developments
15.8.6 COVID-19-Related Developments/Strategies
15.8.7 Right to Win
15.9 Toray Industries Inc.
15.9.1 Business Overview
15.9.2 Financial Assessment
15.9.3 Operational Assessment
15.9.4 Products Offered
15.9.5 Recent Developments
15.9.6 COVID-19-Related Developments/Strategies
15.9.7 Right to Win
15.10 Low & Bonar
15.10.1 Business Overview
15.10.2 Financial Assessment
15.10.3 Operational Assessment
15.10.4 Products Offered
15.10.5 Recent Developments
15.10.6 COVID-19-Related Developments/Strategies
15.10.7 Right to Win
15.11 Toyobo Co. Ltd.
15.11.1 Business Overview
15.11.2 Financial Assessment
15.11.3 Operational Assessment
15.11.4 Key Major Categories of the Products Offered
15.11.5 Products/Brand Offered
15.11.6 Recent Developments
15.11.7 Right to Win
15.12 Koninklijke Ten Cate Bv
15.12.1 Business Overview
15.12.2 Financial Assessment
15.12.3 Operational Assessment
15.12.4 Products Offered
15.12.5 Recent Developments
15.12.6 Right to Win
15.13 Srf Limited
15.13.1 Business Overview
15.13.2 Products Offered
15.13.3 Recent Developments
15.13.4 Right to Win
15.14 Milliken Chemical
15.14.1 Business Overview
15.14.2 Products Offered
15.14.3 Recent Developments
15.14.4 Right to Win
15.15 Srf Limited
15.15.1 Business Overview
15.15.2 Products Offered
15.15.3 Recent Developments
15.15.4 Right to Win
15.16 International Textile Group
15.16.1 Business Overview
15.16.2 Operational Assessment
15.16.3 Products Offered
15.16.4 Right to Win
15.17 Additional Companies
15.17.1 Bayteks Tekstil San. Ve Tic. A.
15.17.2 Duveltex
15.17.3 Huesker Group
15.17.4 Baltex Fabrics
15.17.5 Bruck Textiles
16 Appendix
16.1 Discussion Guide
16.2 Knowledge Store: Subscription Portal
16.3 Available Customizations
16.4 Related Reports
16.5 Author Details
Executive Summary
Companies Mentioned
- Ahlstrom-Munksjo
- Asahi Kasei
- Baltex Fabrics
- Bayteks Tekstil San. Ve Tic. A.
- Berry Global Group
- Bruck Textiles
- Dupont
- Duveltex
- Freudenberg
- Huesker Group
- Huntsman
- International Textile Group
- Kimberley-Clark Corporation
- Koninklijke Ten Cate Bv
- Low & Bonar
- Milliken Chemical
- Mitsui Chemicals
- Srf Limited
- Toray Industries Inc.
- Toyobo Co. Ltd.
Methodology
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