PUBLISHER: IMARC | PRODUCT CODE: 1451873
PUBLISHER: IMARC | PRODUCT CODE: 1451873
The global technical textile market size reached US$ 204.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 304.1 Billion by 2032, exhibiting a growth rate (CAGR) of 4.36% during 2024-2032. The increasing construction of residential and commercial buildings, rising prevalence of chronic diseases, and the growing utilization of technical textiles across different industry verticals represent some of the key factors driving the market.
Technical textiles are used for specific technical functions and applications beyond traditional clothing, aesthetics, and furnishing. They are lightweight, durable, robust, and resistant to abrasion and extreme climatic conditions. They exhibit waterproofing and breathability properties and protect against harmful ultraviolet (UV) radiation. They are used in the manufacturing of airbags, composites, smart textiles, geotextiles, sensors, and wearable technology. They are also utilized in the aerospace, automotive, sports, construction, and agriculture industries. Besides this, as they have antimicrobial properties and reduce body odors, technical textiles find extensive applications in the healthcare sector in the production of medical implants and apparel, such as gowns, masks, and gloves.
At present, rapid urbanization, expanding global population, and increasing construction and remodeling activities across residential and commercial sectors represent one of the primary factors stimulating market growth. Additionally, significant growth in the automotive industry and the widespread adoption of technical textiles in the manufacturing of lightweight vehicles with optimal fuel efficiency are offering lucrative opportunities to manufacturers. Technical textiles are employed in manufacturing numerous components of automobiles, which include air and oil filters, carpets, and battery separators. Along with this, the increasing sales of hybrid and electric vehicles (H/EVs) are driving product demand across the globe. Apart from this, the rising disposable medical clothes, along with the expansion of hospitals and healthcare centers worldwide, are contributing to market growth. Furthermore, the integration of advanced technologies in textile manufacturing procedures for the development of innovative technical textiles with more enhanced features is favoring market growth. Additionally, rising cases of construction site accidents and the growing prevalence of several infectious diseases are catalyzing the demand for personal protective equipment (PPE), which is offering a favorable market outlook. Moreover, rising environmental concerns are increasing the demand for sustainable and eco-friendly technical textiles across industries. Besides this, the growing participation of individuals in sports is resulting in the expanding product utilization. Furthermore, the rising focus of leading market players on strategic collaborations and mergers and acquisitions to expand their market reach and improve overall profitability is expected to propel the market growth in the coming years.
IMARC Group provides an analysis of the key trends in each segment of the global technical textile market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on material, process, and application.
Natural Fiber
Cotton
Wool
Others
Synthetic Polymers/Fibers
Polyether Sulfone (PES)
Polyamide (PA)
Polyacrylonitrile (PAN)
Polypropylene (PP)
Polyester
Others
Mineral Fiber
Asbestos
Glass Fiber
Ceramic Fiber
Regenerated Fiber
Rayon
Acetate
Metal Fiber
Others
The report has provided a detailed breakup and analysis of the technical textile market based on the material. This includes natural fiber [cotton wool, and others]; synthetic polymers/fibers [polyether sulfone (PES), polyamide (PA), polyacrylonitrile (PAN), polypropylene (PP), polyester, and others]; mineral fiber [asbestos, glass fiber and ceramic fiber]; regenerated fiber [rayon and acetate]; metal fiber; and others. According to the report, synthetic polymers/fibers represented the largest segment.
Woven
Non-woven
Others
The report has provided a detailed breakup and analysis of the technical textile market based on the process. This includes woven, non-woven, and others. According to the report, non-woven accounted for the largest market share.
MobilTech
InduTech
SporTech
BuildTech
HomeTech
ClothTech
MediTech
AgroTech
ProTech
PackTech
GeoTech
OekoTech
A detailed breakup and analysis of the technical textile market based on the application has also been provided in the report. This includes MobilTech, InduTech, SporTech, BuildTech, HomeTech, ClothTech, MediTech, AgroTech, ProTech, PackTech, GeoTech, and OekoTech. According to the report, MobilTech accounted for the largest market share.
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for technical textile. Some of the factors driving the Asia Pacific technical textile market included rapid industrialization, availability of low cost raw materials, rising awareness among individuals about the benefits offered by technical textile, such as durability, flexibility, and strength, etc.
The report has also provided a comprehensive analysis of the competitive landscape in the global technical textile market. Detailed profiles of all major companies have been provided. Some of the companies covered include 3M Company, Asahi Kasei Advance Corporation (Asahi Kasei Corporation), Baltex, Barry Global Inc., DuPont de Nemours Inc., Duvaltex Inc., Freudenberg & Co. KG, Hindustan Mills Limited, HUESKER Synthetic GmbH, Huntsman Corporation, Milliken & Company, SKAPS Industries, SRF Limited (Kama Holdings Ltd.), etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.