Global Technical Textile Market Size is estimated to expand rapidly in coming years, at a CAGR of 6.15 % from 2018 to 2025. In 2017, the global market valuation was USD 158.9 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Technical textile is a textile product manufactured for non-aesthetic purposes, where the function is the primary criterion. Currently, technical textile materials are most widely used in filter clothing, furniture, hygiene medicals, and construction material. Technical textiles are the functional fabrics which are used across multiple ends user industries such as automobile, construction, and others. Technical textiles material have various kind of uses due to properties such as high strength, mechanical and electrical insulation, and high thermal resistance. Geographically, Asia Pacific is estimated to account for the largest share of the technical textile market.  

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global technical textile market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global technical textile market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Material Insights: On the basis of material, the global technical textile market has been segmented into synthetic, woven, nonwoven, and others. The synthetic polymer segment is expected to be the highest growing segment in the market of technical textile. Synthetic polymers are used in various industries such as automobile, construction, clothing, and other industries. Synthetic polymers find wide applications in various industries owing to the properties such as high strength, low cost, high quality, and high durability.

By Process Insights: On the basis of process, the global technical textile market has been segmented into woven, knitted, non-woven. Based on process, the woven segment is estimated to account for the largest share in the global market of technical textiles. The improved demand in construction textiles and increasing demand of woven products from textile industry is expected to dominate the woven market in forecast period. Moreover advancements in woven industry such as, the introduction of 3D weaving are expected to drive the technical textile market.

By End-User Insights: On the basis of end user, the global technical textile market has been segmented into mobiltech, indutech, protech, buildtech, and packtech. Among which mobiltech segment is expected to be the highest growing segment in the global market. Mobiltech that is the part of textile which is used in transport, automotive and aerospace industry. These textiles are used in the construction of automobiles, railways, ships, aircraft and spacecraft like Truck covers, car trunk coverings, lashing belts for cargo tie downs, seat covers, seat belts, non-woven materials for cabin air filtration, airbags, parachutes, boats, air balloons.

Regional Analysis

Global technical textile market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region Asia Pacific region is expected to witness high growth in the market in forecast period. Emerging countries from Asia Pacific region such as China, India and Japan are expected to witness high growth in the market due to rise in demand for reinforced composites in the industrial & construction sectors. North America is expected to witness high growth in upcoming time span due to high demand in the construction sector and increasing awareness amongst consumers. Technical advancements and leading players operating in the global technical textile market is also one of the reason behind market uplifting. Europe is anticipated to dominate the global technical textile market over the projected period majorly owing to the upsurge in adoption of technical textile in the medical, industrial, home textiles, and automotive sectors significantly fuel the growth of the European market.

Global Technical Textile Market Size, Share Analysis by Region 2017

Global Technical Textile Market Study Objective

1. To forecast the market size of technical textile market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of technical textile market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of technical textile market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of technical textile market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the technical textile market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Asahi Kasei, Kimberly Clarke, Berry Global Group, DuPont, Mitsui Chemicals, and Freudenberg & Co., as well as Low & Bonar, Huntsman, Toyobo Co., Milliken & Company, are some of the key players in the market of technical textile.

Global Technical Textile Market Study Report Offer You!

The global technical textile market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.